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Fuel Cell Technology Market Research Expected to Grow at a CAGR of 16.2% By 2026 - AFC, Ceramic, Doosan, FuelCell, Hydrogenics, Kyocera

11-27-2019 10:28 AM CET | Energy & Environment

Press release from: Premium Market Insights

Fuel Cell Technology Market

Fuel Cell Technology Market

According to Publisher, the Global Fuel Cell Technology Market is expected to grow at a CAGR of 16.2% during the forecast period. Growing private as well as public investments is influencing the market growth. However, factors such as high catalyst cost and lack of proper fuel infrastructures are hampering the market growth.

Fuel cells are used for converting chemical energy into electrical energy. However, the fuel is mainly full from the outside; thus making these cells feel as if the engine is converting fuel power without actually burning it. In addition, the dramatic shift and focus towards generation of renewable energy coupled by government initiative has kept the future of the market robust.

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Some of the key players in Fuel Cell Technology market include AFC energy (UK), Ballard Power Systems Inc., Ceramic Fuel Cell, Doosan Corporation, FuelCell Energy, Hydrogenics, Kyocera (Japan), Panasonic Corporation, Plug Power and Toshiba Corporation.

Based on the type, proton-exchange membrane fuel cell segment have a huge demand across the world due to higher power to area ratio than the other types due to the higher associated installation costs. By geography, North America is expected to grow at a faster rate due to increasing the demand for the fuel cell by improving the infrastructure and decreasing the cost of the fuel cells.

Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Fuel Cell Technology Market, By Type
6 Global Fuel Cell Technology Market, By Fuel Type
7 Global Fuel Cell Technology Market, By Application
8 Global Fuel Cell Technology Market, By Geography
9 Key Developments
10 Company Profiling
10.1 AFC energy (UK)
10.2 Ballard Power Systems Inc.
10.3 Ceramic Fuel Cell
10.4 Doosan Corporation
10.5 FuelCell Energy
10.6 Hydrogenics
10.7 Kyocera (Japan)
10.8 Panasonic Corporation
10.9 Plug Power
10.10 Toshiba Corporation

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