Fuel cells electrochemically combinates hydrogen and oxygen, in order to create electricity, heat and water as a result. In contrast to, batteries, fuel cells uninterruptedly produce electricity as long as the source of fuel is provided. Fuel cells don’t consume fuel, making the procedure quiet, contamination free, and up to a few times more successful than ignition innovations. A fuel cell structure can be a certifiable zero-emanation source of electricity when it uses hydrogen made from non-polluting sources, like water electrolysis process.
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The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Ballard Power, Toshiba, PLUG Power, Fuelcell Energy, Hydrogenics, Doosan Fuel Cell, Horizon, Intelligent Energy, Hyster-Yale Group, Nedstack, Pearl Hydrogen and Sunrise Power. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Hydrogen Fuel Cells Market is expected to exceed more than USS 3480 million by 2025 at a CAGR of 13.0%.
The Hydrogen Fuel Cells Market is segmented on the lines of its technology, component, vehicle type and regional. Based on Product segmentation it includes Air-cooled type and water-cooled type. On the basis of application it covers stationary, transport and portable. The Hydrogen Fuel Cells Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
The scope of the report includes a detailed study of Hydrogen Fuel Cells Market with the reasons given for variations in the growth of the industry in certain regions.
This report provides:
1) An overview of the global market for Hydrogen Fuel Cells Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Hydrogen Fuel Cells Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Hydrogen Fuel Cells Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Hydrogen Fuel Cells Market.
4) Assess your competitor’s refining portfolio and its evolution.
The major restraining factors of Hydrogen Fuel Cells Market are as follows:
- Lack of infrastructure for fuel cells
- High initial cost related with the adoption of this technology
- Reduced hydrogen re-filling stations
The major opportunities of Hydrogen Fuel Cells Market are as follows:
- Rising concern regarding environmental pollution across the world
- Government initiatives to promote the use of green energy
The major driving factors of Hydrogen Fuel Cells Market are as follows:
- Increasing demand and need for clean energy
- Growing adoption of electric and hybrid vehicles
- Reduced dependency on non-conventional energy sources
- Knowledge and awareness level regarding hydrogen cells has increased
The Hydrogen Fuel Cells Market has been segmented as below:
The Hydrogen Fuel Cells Marketis segmented on the lines ofProduct, Application and Region.
By Productthis market is segmented on the basis ofAir-cooled Type and Water-cooled Type. By Applicationthis market is segmented on the basis ofStationary, Transport and Portable. By Regionthis market is segmented on the basis ofNorth America, Europe, Asia Pacific and Rest of World.
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Table of Contents:
- Research Methodology
- Report Summary
- Market Overview
4.4 Industry Trends
4.5 Porter’s Five Forces Analysis
- Hydrogen Fuel Cells Market Analysis, By Product
- Hydrogen Fuel Cells Market Analysis, By Application
- Hydrogen Fuel Cells Market Analysis, By Region
- Competitive Overview
- Company Profiles
9.1 Ballard Power
9.3 PLUG Power
9.4 Fuelcell Energy
9.6 Doosan Fuel Cell
9.8 Intelligent Energy
9.9 Hyster-Yale Group
9.11 Pearl Hydrogen
9.12 Sunrise Power
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