Hydrogen Fuel Cells Market
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Transparency <strong>Market</strong> Research<br />
Single User License:<br />
<strong>Hydrogen</strong> <strong>Fuel</strong> <strong>Cells</strong> <strong>Market</strong> - Global Industry<br />
Analysis, Size, Share, Growth, Trends, and<br />
Forecast 2016 - 2024<br />
USD 4315.5<br />
Flat 10% Discount!!<br />
Free Customization as per your requirement<br />
You will get Custom Report at Syndicated Report price<br />
Report will be delivered with in 15-20 working days<br />
Transparency <strong>Market</strong> Research<br />
State Tower,<br />
90, State Street, Suite 700.<br />
Albany, NY 12207<br />
United States<br />
www.transparencymarketresearch.com<br />
sales@transparencymarketresearch.com<br />
Request Sample<br />
Buy Now
REPORT DESCRIPTION<br />
<strong>Fuel</strong> cells, an electrochemical energy conversion device, converts chemical hydrogen and oxygen into water. <strong>Fuel</strong> cells produces electricity during<br />
the process of conversion. The battery also works with the electrochemical principle, wherein all the chemicals stored inside are converted into<br />
electricity. However, the battery goes dead eventually; it needs to be recharged for further usage. Here, what hydrogen fuel cells overcome the<br />
advantage. Chemicals constantly flow into the fuel cells. As a result, it does not go dead as long as chemicals flow into the cells. <strong>Hydrogen</strong> and<br />
oxygen are the common elements used as chemicals in fuel cells. <strong>Fuel</strong> cells is used as an alternate fuel in automobiles. It is also used in power<br />
generation and portable power systems. Government initiatives, especially in developed countries, and increase in awareness about clean energy<br />
are the key factors anticipated to drive the fuel cells market during the forecast period. However, high switching cost of technology, followed by<br />
lack of infrastructure related to fuel cells, may hamper market growth.<br />
Download the Exclusive Report Sample Here:<br />
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19196<br />
Based on type, the hydrogen fuel cells market can be classified into Polymer Exchange Membrane <strong>Fuel</strong> <strong>Cells</strong> (PEMFC), Solid Oxide <strong>Fuel</strong> <strong>Cells</strong><br />
(SOFC), Direct Methanol <strong>Fuel</strong> <strong>Cells</strong> (DMFC), and others(includes alkaline fuel cells, Phosphoric-acid fuel cell etc.). In terms of application, the fuel<br />
cells market can be divided into stationary, portable, and transport.<br />
PEMFC dominated the hydrogen fuel cells market in 2015. This trend is anticipated to continue during the forecast period. It is a highly preferred<br />
type of transport applications such as cars and buses. High power density and relatively low operating temperature are the major factors<br />
estimated to propel the demand for PEMFC during the forecast period.<br />
The stationary application segment accounted for major share of the market in 2015. Increase in backup power installation in commercial and<br />
residential buildings is estimated to be the key factor driving the segment. However, the transport application segment is expected to expand at a<br />
rapid pace during the forecast period. Rise in research & development activities related to the use of fuel cells as alternative source of energy in<br />
automobiles and increase in awareness about the usage of clean energy are the prominent factors expected to drive the fuel cells market during<br />
the forecast period.<br />
In terms of region, Asia Pacific dominated the hydrogen fuel cells market in 2015. The market in the region is anticipated to expand at a faster<br />
pace compared to the market in other regions. Increase in usage of fuel cells in Japan and South Korea in the hybrid car market, favorable<br />
government policies, and stringent environmental norms related to vehicle emissions are the prominent factors estimated to augment the fuel<br />
cells market during the forecast period. North America, followed by Europe, is another lucrative market for fuel cells. The market in North<br />
America is projected to expand significantly during the forecast period. Implementation of a subsidy on the purchase of hybrid vehicles and tax<br />
incentives scheme in these regions are projected to propel the fuel cells market during the forecast period.
Browse the Full Brochure at :http://www.transparencymarketresearch.com/hydrogen-fuel-cells-market.html<br />
The global fuel cells market is highly consolidated; currently, a few players operate in the market. However, the number of manufacturers is<br />
expected to increase in the near future. Key players operating in the fuel cells market include Plug Power Inc., SFC Energy AG, AFC Energy PLC,<br />
Panasonic Corporation, <strong>Hydrogen</strong>ics, Toshiba Corporation, Nedstack <strong>Fuel</strong> <strong>Cells</strong> Technology B.V., and ClearEdge Power.<br />
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections<br />
about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so,<br />
the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional<br />
markets, technology, types, and applications.<br />
Read More Reports On Energy <strong>Market</strong> : http://www.transparencymarketresearch.com/energy-marketreports-3.html
About Us<br />
Transparency <strong>Market</strong> Research is a market intelligence company providing global business information reports and<br />
services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for<br />
thousands of decision makers.<br />
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data<br />
sources and various tools and techniques to gather, and analyze information. Our business offerings represent the<br />
latest and the most reliable information indispensable for businesses to sustain a competitive edge.<br />
Contact<br />
Transparency <strong>Market</strong> Research<br />
90 State Street, Suite 700,<br />
Albany<br />
NY - 12207<br />
United States<br />
Tel: +1-518-618-1030<br />
USA - Canada Toll Free 866-552-3453<br />
Email: sales@transparencymarketresearch.com<br />
Website: http://www.transparencymarketresearch.com/<br />
Browse <strong>Market</strong> Research Blog : http:// CMFEglobalreports .blogspot.in/
Change language