Global Fuel Cell Market 2016-2020 with Ballard Power Systems, Bloom Energy, Nuvera Fuel Cells & SFC Energy Dominating

Dublin, Dec. 15, 2016 -- Research and Markets has announced the addition of the "Global Fuel Cell Market 2016-2020" report to their offering.

The global fuel cell market to grow at a CAGR of 22.76% during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global fuel cell market for 2016-2020. To calculate the market size, the report enlists certain key estimates that we have considered for arriving at the market trends and certain exclusions that helped to demarcate the market contours. The report also includes a discussion of the key vendors operating in this market.

One of latest trends in the market is reduction in prices of fuel cells and FCVs. The introduction of several new techniques has reduced the price of fuel cells. In the US, several fuel cell manufacturing companies are reducing the amount of platinum used in fuel cells, leading to an up to 30% reduction in fuel cell prices since 2008. Also, rejected energy and waste heat can be captured if fuel cells are established close to their point of use. This method of generating heat and electricity from fuel cells is known as fuel cell co-generation, which can reduce energy service costs for transportation systems by 20%-40%. Higher production and achievement of economies of scale following various government grants are other reasons for reduced fuel cell prices.

According to the report, one of the primary drivers in the market is need to control emissions in transportation sector. Auto regulators worldwide have been setting targets to control their emissions as the transport sector accounts for about a quarter (23%) of global energy-related GHG emissions; these mainly involve the release of nitrogen oxides (NOx), sulfur oxide (SOx), hydrocarbons, carbon monoxide, and particle matter (PM). Various regions and countries are setting different regulations, but the overall message and targets are clear - that the automobile industry needs to limit the amount of emissions it produces drastically.

Further, the report states that one major challenge in the market is lack of refueling infrastructure for FCVs. The adoption of fuel cells, despite their efficiency and lower emissions, are hampered by the lack of the necessary infrastructure to support their mass adoption. When compared with other alternative fueling infrastructure such as EVs or natural gas stations, fuel cell refueling infrastructure is outnumbered by a large extent.

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Key vendors

• Ballard Power Systems
• Bloom Energy
• Nuvera Fuel Cells
• SFC Energy

Other prominent vendors

• ACAL
• Acumentrics
• Aisin
• Altergy Systems
• Ceramic Fuel Cells
• Ceres Power
• Delphi Automotive Systems
• DMFCC
• Doosan Fuel Cell
• ElectroChem
• EnergyOr Technologies
• Enocell
• FuelCell Energy
• GE
• H2 Logic
• Horizon Fuel Cell Technologies
• Hydrogenics
• Infintium Fuel Cell Systems
• Intelligent Energy
• Johnson Matthey Fuel Cells
• Kyocera
• LG Fuel Cell Systems
• Mitsubishi Heavy Industries
• Neah Power Systems
• Oorja Protonics
• Panasonic
• Plug Power
• Proton Motor Fuel Cell
• Redox Power Systems
• Shanghai Everpower Technologies
• Symbio FCell
• Toshiba
• Ultra Electronics AMI

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Market segmentation by type

Part 08: Market segmentation by geography

Part 09: Key leading countries

Part 10: Market drivers

Part 11: Impact of drivers

Part 12: Market challenges

Part 13: Impact of drivers and challenges

Part 14: Market trends

Part 15: Vendor landscape

Part 16: Key vendor analysis

Part 17: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/wvwsnr/global_fuel_cell

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         Related Topics: Fuel Cells