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Fuel Cell Market: Advanced Technologies & Growth Opportunities Worldwide by 2017-2024

04-19-2018 01:10 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Fuel Cell Market: Advanced Technologies & Growth Opportunities

UK fuel cell market is set to witness growth owing to growing investment toward development of hydrogen infrastructure along with favourable government regulations to reduce carbon emissions. Growing demand for development and deployment of the renewable energy technologies will further complement the business landscape. The Government of UK announced to inaugurate 1,150 hydrogen refuelling station by 2030.

Fuel Cell Market is set to exceed USD 6 billion by 2024.Government measures to promote the development of sustainable technologies coupled with escalating demand for FCEV’s will drive the industry growth. Growing spending by government organizations and private institutions including Credit Suisse, DOE and DAG Ventures toward innovation and technological advancement will further complement the industry landscape. In 2015, Credit Suisse invested USD 130 million for development of SOFC technology in the U.S.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/621

Increasing demand for space heating across residential and commercial sector along with growing investment toward development of hydrogen refuelling station will stimulate the fuel cell market. Growing installation of portable charging sources on account of increasing recreation activities will positively impact the business outlook. In 2017, government of UK funded over USD 30 million to promote the development of hydrogen infrastructure and vehicle.

Japan fuel cell market is predicted to exceed 70 MW by 2024. Increasing government expenditure toward development of hydrogen infrastructure coupled with extensive research and development projects will fuel the business growth. Rising energy security concern coupled with favourable measures to promote the adoption of renewable energy technologies will further complement the industry outlook.

Fuel cell market from transport segment is set to witness growth owing to its ongoing deployment in commercial vehicles, UAVs and e- bikes. Increasing cell demand from two & three wheelers, trams, small boats, FCEV’s, light vehicles, ferries, goods handling vehicles and forklift trucks will further complement the business growth. In 2016, the FCV sales growth increase from 400 units in 2015 to 5000 units.

SOFC fuel cell market share is predicted to witness growth owing to growing demand for fuel cell across large and small stationary power generation systems. Ability to possess over 60% efficiency and operate at high temperate ranges from 8000C to 1,0000C over other alternates make its adoption preferable over other alternates. Cost effectiveness, low emissions, stability, fuel flexibility and high efficiency are some of key parameters which will impede the fuel cell market.

Browse key industry insights spread across 309 pages with 470 market data tables & 30 figures & charts from the report, “Fuel Cell Market Size By Product (PEMFC, DMFC, SOFC), By Application (Stationary, Portable, Transport), Industry Analysis Report, Regional Outlook (U.S, Canada, Mexico, Germany, UK, France, Italy, Spain, Austria Japan, South Korea, China, India, Philippines, Vietnam, Brazil, Peru, Ecuador, Nigeria, Kenya, UAE, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/fuel-cell-market

Major participants across fuel cell market includes Hydrogenics Corporation, Horizon, FuelCell Energy, Toshiba, UTC Power, Panasonic, Ceres Power, Plug Power, AFC Energy, Doosan, SFC, Arcola, Bloom Energy and Ballard. The industry has witnessed several M&A to expand its regional presence.

Table of Content (TOC-)
Chapter 3 Fuel Cell Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024 (USD Million) (MW)
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Fuel Cell and Hydrogen Energy Association (FCHEA)
3.5.1.1.1 Safety, Codes & Standards
3.5.1.2 CSA Fuel Cell Standards
3.5.1.3 SAE Fuel Cell Vehicle Safety Committee (automotive) enabling standards
3.5.1.4 NFPA 2: Hydrogen Technologies Code
3.5.1.5 Overview of Regulations, Codes, and Standards Related to Hydrogen Infrastructure Safety
3.5.2 Europe
3.5.2.1 Investments: Government and Collaborative Hydrogen and Fuel Cell Funding
3.5.3 Japan
3.5.3.1 Investments: Government and Collaborative Hydrogen and Fuel Cell Funding
3.5.3.2 Government Targets
3.5.4 South Korea
3.5.4.1 Government Targets
3.6 Orders and installations, 2015
3.6.1 Bloom energy
3.6.2 Doosan fuel cell
3.6.3 FuelCell Energy and FuelCell Energy Solutions, GmbH
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Government positive outlook and incentives
3.7.1.2 Environment-friendly and a better alternative than existing options
3.7.1.3 More efficient than batteries
3.7.2 Industry pitfalls & challenges
3.7.2.1 Lack of infrastructure
3.8 Growth potential analysis
3.9 Announced Hydrogen Stations Plans, Upgrades, 2015
3.10 Commercially available hydrogen generation systems, 2015
3.11 Hydrogen energy storage projects, 2015
3.12 Porter’s Analysis
3.13 Competitive landscape, 2016
3.13.1 Strategy dashboard
3.13.1.1 Hydrogenics Corporation
3.13.1.2 Ballard
3.13.1.3 FuelCell Energy
3.13.1.4 SFC Energy
3.13.2 Merger and acquisition landscape
3.14 PESTEL Analysis

Browse Full Toc of This Report @ https://www.gminsights.com/toc/detail/fuel-cell-market

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news

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