Press release
Automotive Fuel Cell Market Key Industry Participants are Cellkraft AB, Acumentrics SOFC Corporation, BIC Consumer Products, Altergy Systems, Convion, Automotive Fuel Cell, Hydrogenics Corporation Ballard Power Systems, Toshiba, Plug Power, Panasonic, Blo
Automotive Fuel Cell Market
Global Automotive Fuel Cell Market is expected to grow at over 12% and surpass 14,000 units by 2023. Growing fuel cell vehicle market across the globe on account of increasing awareness towards the effects of pollution will drive the industry outlook. Low operating and maintenance cost will further propel the automotive fuel cell market. Minimal corrosion probability and less exposure to high temperatures in these devices helps to reduce maintenance costs.
Fuel cells offer minimum operating cost and low maintenance as there are very less moving parts involved in the system. Hydrogen fuel is now greatly used in various applications such as buses, back-up power, small fleets of cars, forklifts, and will most likely spread its significance to laptops and cell phones. Lack of durability, high cost and reliability coupled with inconvenience is anticipated to hamper industry growth.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/359
Top Key Players: -
Key industry players in the automotive fuel cell market include Cellkraft AB, Acumentrics SOFC Corporation, BIC Consumer Products, Altergy Systems, Convion, Automotive Fuel Cell, Hydrogenics Corporation Ballard Power Systems, Toshiba, Plug Power, Panasonic, Bloom Energy and M-FIELD Energy.
Market share calculation in this report is not done based on companies covered in it. The calculation of automotive fuel cell market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
Europe automotive fuel cell market share is projected to expand substantially over the next seven years on account of favorable government measures to cut greenhouse gas emission. The European Commission has set a 2020 package with an aim to meet climate and energy targets by 2020. The three key targets under the 2020 package include 20% cut in GHG emissions from 1990 levels, 20% improvement in energy efficiency, and 20% of energy from renewables.
Asia Pacific automotive fuel cell market share dominated global demand and accounted for over 60% of the total volume in 2015; it is likely to grow steadily over the forecast period. Favorable government regulations promoting fuel cell usage is likely to drive regional demand.
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/359
Partial Chapter of the Table of Content
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast
1.1.3 Industry insights and validation
1.2 Data Sources
Chapter 2 Executive Summary
2.1 Automotive fuel cell industry 3600 synopsis, 2012 - 2023
Chapter 3 Automotive Fuel Cell Industry Insights
3.1 Industry segmentation
3.2 Industry Size and forecast
3.3 Industry Ecosystem analysis
3.4 Industry impact forces
3.4.1 Growth drivers
3.4.1.1 Growing automotive industry
3.4.1.2 Low operating cost
3.4.1.3 Environmentally friendly
3.4.2 Industry pitfalls & challenges
3.4.2.1 Lack of durability, high cost and reliability
3.4.2.2 Inconvenience
3.5 Growth potential analysis
3.6 Porter’s analysis
3.7 Key competitor analysis, 2015
3.8 PESTEL analysis
Browse Full Report @ https://bit.ly/2ndovxr
Light duty vehicles market share in 2015, accounted for over 50% of the consumption. Reducing product cost along with rapid innovations and technology advancements will propel the light duty vehicles application. In the U.S., the Fuel Cell Technologies Office (FCTO) focuses mainly on innovation and R&D to advance fuel & hydrogen cells for transportation and diverse applications.
In June 2017, the U.S. Department of Energy announced to invest approximately USD 15.8 million in 30 new projects for the development and discovery of novel, low cost materials required for hydrogen production & storage and for fuel cells involved with light-duty vehicles.
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: www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Fuel Cell Market Key Industry Participants are Cellkraft AB, Acumentrics SOFC Corporation, BIC Consumer Products, Altergy Systems, Convion, Automotive Fuel Cell, Hydrogenics Corporation Ballard Power Systems, Toshiba, Plug Power, Panasonic, Blo here
News-ID: 1253539 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Fuel
Marine Gensets Market: Information by Vessel Type (Commercial Vessel, Defense Ve …
A marine genset is a power unit generator that supplies electricity to ships. It offers reliable and fuel-efficient electric power generation for onboard power, emergency gensets, and diesel-electric propulsion. It can be fueled by gas, diesel, hybrid fuel, and others. It has application in offshore commercial vessels, defense vessels, and offshore vessels, among others. Nowadays, most of the marine gensets are fueled by diesel. However, the introduction of alternative fuels…
Fuel Card Market to 2027 - Global Analysis and Forecasts By Type (Branded Fuel C …
The global fuel card market is estimated to account US$ 6.29 Bn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account to US$ 10.39 Bn by 2027.
Request Sample Pages of “Fuel Card Market” Research Report @ www.theinsightpartners.com/sample/TIPRE00003099/?utm_source=openpr&utm_medium=10387
Fuel Card Market: Key Insights
Fuel Card Market Size 2021, by manufacturer, region, types, and application, forecast till 2028 is analyzed and researched on…
Solid Oxide Fuel Cell Market Revenue And In-Depth Analysis 2028 | Atrex Energy, …
This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global solid oxide fuel cell market.
According to the report, the growing implementation of solid oxide fuel cells in information centers is expected to…
Clean Fuel Technology Market – Development Assessment 2025 | Clean Fuel Develo …
Global Clean Fuel Technology Market: Overview
Clean technology in general implies the use of any service, product, or system that has as little of a negative impact on the environment as possible. Aspects of clean technology include the conservation of energy, sustainable resources, and clean sources of fuels. Clean fuels can refer to the use of renewable fuels such as biogas, or also blended fuels such as fossil fuels with renewable…
Fuel Cell Interconnectors Market By Product Type Ceramic based, Metal based; By …
Global Fuel Cell Interconnectors Market Introduction
A fuel cell is a battery that generates electricity through an electrochemical reaction where the fuel cell interconnector is a layer made up of either ceramic or metallic material, which combines the electricity generated by each individual cell. Fuel cell interconnectors are placed between each individual cell to connect the cells in the series. Ceramic fuel cell interconnectors are more suitable for high-temperature working conditions…
Fuel Cells Sales In Global Market: By Product Type - Proton Exchange Membrane Fu …
Researchmoz added Most up-to-date research on "Fuel Cells Sales In Global Market: By Product Type - Proton Exchange Membrane Fuel Cells (PEMFC), Direct Methanol Fuel Cells (DMFC) & Solid Oxide Fuel Cells (SOFC)" to its huge collection of research reports.
In this report, the global Fuel Cells market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at…
