Defense Fuel Cells Market Adoption of fuel cells to decrease dependency on imported oil

A fuel cell is a device that generates electricity through an electrochemical reaction, in which chemical energy gets converted to electrical energy. It consists of many individual fuel cells that are stacked together. Each fuel cell comprises two electrodes - a positively charged anode and a negatively charged cathode, which are separated by a fluid electrolyte. The electrolyte helps in speeding up the electrolysis process as it carries electrically charged particles from one electrode to the other.

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The analysts forecast the global defense fuel cells market to grow at a CAGR of 8.80% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global defense fuel cells market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

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Global Defense Fuel Cells Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Protonex
• Ultracell
• Neah Power Systems
• General Motors
• SFC Energy

Other prominent vendors
• WATT Fuel Cell Corporation
• Bloom Energy
• Altergy
• Delphi Automotive
• Direct Methanol Fuel Cell Corporation

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Market driver
• Improved performance with high torque and low revolutions
• For a full, detailed list, view our report

Market challenge
• Limited hydrogen storage options
• For a full, detailed list, view our report

Market trend
• Adoption of fuel cells to decrease dependency on imported oil
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

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