In its recently published study report; foretelling
the market insights up to 2027 Market Research Future states that the Fuel Cell
Technology has the potential to evolve & expand further. And hence the
Global Fuel Cell market is projected to experience an exponential growth by
2027 registering a fabulous CAGR during 2017 - 2027.
Fuel Cell Technology is a highly efficient process
of electricity generation than combustion technology. Allowing the convenience
of portability, Fuel Cell generates clean energy (sound/ air pollution less) to
suffice all general electrical needs (stationary) and can power up electric
vehicles (Transports) as well.
Global Fuel Cell Technology Market Segments
The MRFR Analysis has been segmented into three key
dynamics;
By Type: Comprises PEMFC, MCFC, SOFC, DMFC, PAFC, and
others
By Application: Stationary, Portable, and Transportation
among others.
By Region: North America, Europe, APAC and
Rest-of-the-World.
Geographical Analysis
The EU2020 – a strategy proposed by Europe that
focuses on improving the infrastructure and decreasing the cost of the fuel
cells, augments the demand for the product.
Germany has a strong value chain with a number of
small and large companies like Siemens Westinghouse, and SFC Energy, providing
a big scope for the Fuel Cell Technology to grow.
The Asia Pacific region is one of the leading revenue
generators for Fuel Cell Technology with Japan and South Korea being the major
chunk of the revenue generation regions. Favorable government policies and
regulations is another factor that is allowing the fuel cell technology market
to gain tremendous growth in this region.
Browse Complete
Report @ https://www.marketresearchfuture.com/reports/global-fuel-cell-technology-market-786
Worldwide Fuel Cell Technology Market – Competitive
Landscape
The well- established market players gain the
competitive advantage in the market maintaining their market position. These
Players also invest substantially in the R&D to develop a technology with
unique design and features that are on an entirely different level compared to
their competition.
Key Players:
Some of the prominent players at the forefront of
competition in the market include Hydrogenics, Plug Power, FuelCell Energy,
Ballard, and Ceramic Fuel Cell. Profiling them in its analysis MRFR finds out
their strategies keeping them at the front.
Industry/ Innovation/ Related News:
February 2, 2018 – SunLine
Transit Agency (US), a bus service providing agency launched its latest zero
emission bus with the fuel cell technology. The bus can cover any route in its
service territory, even when its AC is operating at maximum levels that too
without emission.
February 1, 2018 – Bloom
Energy Corp. (US), a remarkable manufacturer of fuel cells, announced the
receiving of a contract to provide a Fuel-Cell Power Plant for a utility in
South Korea, the world’s biggest user of this technology.
December 22, 2017 – Ballard
Power Systems (US) announced the development of the next generation, high
performance ‘Fuel Cell Propulsion System’ that can power unmanned aerial
vehicles (UAVs) or drones. Unfavorable regulations pertaining to the longer
flights which are expected to ease with the advancements of power technology
will allow this system to get commercialized on aerial platforms further
assuring a rapid turnaround & growth of the system.
About Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact:
Market
Research Future
+1
646 845 9312
No comments:
Post a Comment