Press release
Global Fuel Cells for Marine Vessels Market To Set At CAGR Of 3.73% Between 2017-2021
Fuel cells are flexible in nature, and they can be used as a single cell or in stacks. As a result, the power produced can be channelized throughout a ship, without an increase in the consumption of fuel. Fuel cells are used in marine vessels to power the main propulsion system partially or fully, as well as cater to the onboard energy consumption requirements. The market is still in its nascent stage and companies are investing in the technology development to produce propulsion systems with low carbon emission in response to stringent regulatory policies.
Technavios analysts forecast the global fuel cells for marine vessels market to grow at a CAGR of 3.73% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fuel cells for marine vessels market for 2017-2021. 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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Technavio's report, Global Fuel Cells for Marine Vessels 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
Dynad International
PowerCell Sweden
Serenergy
Toshiba
Other prominent vendors
Fiskerstrand Verft
MEYER WERFT
Nuvera Fuel Cells
WATT Fuel Cell
Market driver
Demand for alternate propulsion systems
For a full, detailed list, view our report
Market challenge
Issues in designs of propulsion systems
For a full, detailed list, view our report
Market trend
Evolution of hydrogen as a marine fuel
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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by technology
Market segmentation by technology
Global PEMFC for marine vessels market
Global SOFC for marine vessels market
Global other fuel cells for marine vessels market
PART 07: Geographical segmentation
Market segmentation by geography
Fuel cells for marine vessels market in Americas
Fuel cells for marine vessels market in APAC
Fuel cells for marine vessels market in EMEA
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Evolution of hydrogen as a marine fuel
Adoption of AIP technology
Emergence of hybrid propulsion systems
PART 11: Vendor landscape
Competitive scenario
List of vendors in global fuel cells for marine vessels market
Dynad International
PowerCell Sweden
Serenergy
Toshiba
Other prominent vendors
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