Hydrogen and Fuel Cells 2018 Market Size, Share and Emerging Technologies, Competitive Analysis | Leading Key Players Update, Industry Growth Rate and Segmentation by Forecast to 2025

Market Overview:-

The global investment and initiative for green energy, is creating a scope for the development of hydrogen cell during the forecast period. The rising application of hydrogen fuel cell systems in cold regions across the world for combined heat and power, primarily for heating and power generation at residential level, is one of the prime factors that would result in the market growth. The developed as well as developing economies across the globe are currently focusing on clean energy generation, efficiently. Various associations and government have reformed their energy policy to fulfil the growing demand for power from the increasing population. Hydrogen fuel cells provide an efficient way to fulfil the growing need of the power for heating and energy generation.

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Scope of the Report:-

This study provides an overview of the global Hydrogen and Fuel Cells market, tracking two market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for Americas, Europe, Asia Pacific and Middle East & Africa. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global Hydrogen and Fuel Cells market by type, by type, by application, and by regions.

Global Hydrogen and Fuel Cells Market, By Type

Air-Cooled Type
Water-Cooled Type
Global Hydrogen and Fuel Cells Market, By Application

Stationary
Transport
Portable
Global Hydrogen and Fuel Cells Market, By Region

Americas
Europe
Asia Pacific
Middle East & Africa

Indusrty Top Key Players:-

The key players of global hydrogen and fuel cells market are Panasonic Corporation (Japan), FuelCell Energy, Inc. (U.S.), Plug Power Inc. (U.S.), Intelligent Energy Holdings plc (U.K.), Hyster-Yale Group (U.S.), Ballard Power Systems. (Canada), Doosan Fuel Cell (U.S.), Nedstack fuel cell technology BV. (Netherlands), Hydrogenics Corporation (Canada), Pearl Hydrogen (China), and Horizon Fuel Cell Technologies (Singapore).

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Global Analysis:-

The global hydrogen and fuel cells market is segmented by prominent regions such as, Americas, Europe, Asia Pacific and Middle East & Africa. Americas was the first-largest market in 2016, & valued at USD 753.1 million. The American countries, more precisely north American countries fuel cell deployments have been encouraged by federal research and development (R&D) and demonstration programs, and supported by federal tax incentives for FCVs, hydrogen infrastructure, and fuel cell stationary power generation, it is the support and investment by state governments that have propelled the use of fuel cell and hydrogen technologies in certain parts of the country. Hence, Americas hydrogen and fuel cells market is projected to grow at a CAGR of 24.72%. Asia Pacific is another major market for hydrogen and fuel cells. It accounted for the market share of 28.47% in 2016 with a market value of USD 461.7 million.

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