Press release
Fuel Cell Technology Market Leading Key Players In- Depth Growth Analysis ,Share Value, Growth Factor: AFC Energy , Heliocentris , Topsoe and Genport SRL
The latest trend which will be followed by the fuel cell technology market is the expected reduction in the price of fuel cell systems. Technological advancements are leading to the development of new techniques of manufacturing of fuel cells, which is further supporting the reduction of the fuel cells being used in the automotive industry. Furthermore, the original equipment manufacturers are focusing extensively on the cost reduction and the deployment of the adequate refueling infrastructures.
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Global Fuel Cell Technology Market Report: Market Growth Influencer
The major growth drivers of Global Fuel cell technology market includes growing public private relationships, rising prices of crude oil and increasing demand for fuel cells from applications such as power suppliers, automobile, residential builders and electronic companies.
However, Policies of European government which would bring high opportunities in fuel cell technology market in the region are pending to approve and thus hindering the growth of the Fuel cell technology market.
Top Key Players:-
Companies such as AFC Energy (U.K.), Heliocentris (Germany), Topsoe (Denmark) and Genport SRL (Italy) are some of the European companies manufacturing fuel cells for various applications.
Global Fuel Cell Technology Market Report: Market Segmentation
Global Fuel cell technology market can be segmented into fuel types, method, applications and by country.
Global Fuel cell technology market by Fuel types:
• Hydrogen
• Natural gas/ Methane
• Methanol
• Anaerobic Digester gas
• Others
Global Fuel cell technology market by Method:
• Polymer/ Proton exchange membrane fuel cells (PEM)
• Solid oxide fuel cells (SOFC)
• Molten carbonate fuel cells (MCFC)
• Phosphoric acid fuel cells (PAFC)
• Direct methanol fuel cells (DMFC)
• Alkaline fuel cells (AFC)
• Direct carbon fuel cells (DCFC)
• Zinc air fuel cells (ZAFC)
• Protonic ceramic fuel cells (PCFC)
• Microbial fuel cells (MFC)
• Others
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Global Fuel cell technology market by Applications:
• Stationary
• Transportation
• Portable electronics
• Others
Fuel Cell Technology Market – Regional Analysis
The global fuel cell technology market is expected to be dominated by Asia Pacific region. The growth of this market is expected to be driven by the increase in investments for the fuel cell installations, especially by countries such as China and Japan among others. The increasing awareness towards the reduction of energy consumption is also driving the growth of the market.
The Europe region is also expected to grow with rapid pace in the fuel cell technology market. The European Union has also allocated funds from the TEN-T transport infrastructure programme for funding the Hydrogen Infrastructure Project (HIT). The major objective of implementing this project is to form an interconnected hydrogen network between the Netherlands, Denmark, Sweden, and France.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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