Press release
Hydrogen Fuel Cells Market Global Growth Analysis and Forecast Report 2019-2026 | Industry Key Players - Toshiba, Sunrise Power, SFC Energy, Plug Power, Pearl Hydrogen, Panasonic, Nedstack Fuel Cells Technology, Intelligent Energy, Hydrogenics
The report on “Hydrogen Fuel Cells Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims.According to Publisher, the Global Hydrogen Fuel Cells Market is accounted for $476.78 million in 2017 and is expected to reach $55,061.4 million by 2026 growing at a CAGR of 69.5% during the forecast period. Rising adoption of electric and hybrid vehicles, increasing demand in the telecommunications, automotive and residential micro-CHP sector, and diminishing dependence on non-renewable energy sources are some of the factors boosting the market growth. However, the high cost of switching to this technology and reduced hydrogen refilling stations are restraining the market growth. Moreover, expanding the take-up of novel techniques for the decrease in fuel costs among the fuel makers is providing ample growth opportunities for the market.
A hydrogen fuel cell is a device that changes over hydrogen and oxygen into water, and all the while produces electricity. In a hydrogen fuel cells device, the flow of chemicals into cells is continuous, thereby ensuring that the battery does not go dead. Hydrogen fuel cells are being used as an alternative fuel in automobiles, in portable power systems, and also for power generation.
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Companies Covered in this Report are:
Toshiba Corporation, Sunrise Power, SFC Energy AG, Plug Power Inc, Pearl Hydrogen, Panasonic Corporation, Nedstack Fuel Cells Technology B.V., Intelligent Energy, Hyster-Yale Group, Hydrogenics, Fuelcell Energy , Doosan Fuel Cell, ClearEdge Power , Ballard Power and AFC Energy PLC.
Based on the product, the air-cooled type segment is likely to have a huge demand during the forecast period, because this type uses two primary methods, like active and passive methods. Both of these methods offer efficient and cost-effective cooling, which promote their growth. By Geography, Asia Pacific is significantly growing during the forecast period due to the increasing population and growing disposable income.
Types Covered:
- Solid Oxide Fuel Cells
- Polymer Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Other Types
Products Covered:
- Water-cooled Type
- Air-cooled Type
Applications Covered:
- Transport
- Stationary
- Portable
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
- South America
o Argentina
o Brazil
o Chile
o Rest of South America
- Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Contact Us:
Name: Sameer Joshi
Organization: Premium Market Insights
Email: sales@premiummarketinsights.com
Phone: +1-646-491-9876
About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
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