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Fuel cell Market Strategic Assessment by Top Players: Aisin Seiki Co. Ltd., Ceres Power Holdings PLC, Plug Power Inc., Panasonic Corporation, Ballard Power Systems, Inc., Nedstack Fuel Cell Technology, Horizon Fuel Cell Technologies, Intelligent Energy Li

04-02-2020 04:58 AM CET | Energy & Environment

Press release from: Polaris Market Research & Consulting

fuel cell Industry

fuel cell Industry

Polaris Market Research adds "fuel cell Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2026" reports to its database.

This report provides in depth study of "fuel cell Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The fuel cell Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.

The global fuel cell market is estimated to reach USD 13.71 billion by 2026 growing at a CAGR of 17.5% during the forecast period, according to a new study published by Polaris Market Research. The report 'Fuel Cell Market Share, Size, Trends, & Industry Analysis Report, By Type (Solid Oxide Fuel Cells, Phosphoric Acid Fuel Cells, Proton Exchange Membrane Fuel Cells, Molten Carbonate Fuel Cells); By Application; By Region: Segment Forecast, 2019 - 2026' provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the stationary application segment dominated the global market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

Access insightful study with over 100+ pages, list of tables & figures, profiling 10+ companies. Ask for Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/fuel-cell-market/request-for-sample

Government regulations and favorable public initiatives regarding energy consumption have boosted the adoption of fuel cell. Growing concerns regarding environment, increasing demand for unconventional energy sources, and increasing adoption of power efficient energy systems further support the market growth. Additionally, higher efficiency offered by fuel cells as compared to other power generating systems, and growth in adoption of distributed power system would boost the market growth during the forecast period

The well-known companies profiled in the report include:

o Aisin Seiki Co. Ltd.
o Ceres Power Holdings PLC
o Plug Power Inc.
o Panasonic Corporation
o Ballard Power Systems, Inc.
o Nedstack Fuel Cell Technology,
o Horizon Fuel Cell Technologies
o Intelligent Energy Limited
o Mitsubishi Hitachi Power Systems, Ltd.
o Toshiba Fuel Cell Power Systems Corporation

These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Polaris Market Research has segmented the global fuel cell market on the basis of type, application, and region:

Fuel Cell Type Outlook

o Solid Oxide Fuel Cells
o Phosphoric Acid Fuel Cells
o Proton Exchange Membrane Fuel Cells
o Molten Carbonate Fuel Cells
o Others

Fuel Cell Application Outlook
o Stationary
o Portable
o Transport

Get Offer on Report: https://www.polarismarketresearch.com/industry-analysis/fuel-cell-market/request-for-discount-pricing

Other factors supporting market growth include supportive government regulations, increasing awareness, adoption of green technologies, and technological advancements. Increasing investments by vendors in advancements in hydrogen storage, and increasing demand of fuel cell vehicles further boosts the market growth.

Asia-Pacific generated the highest revenue in the fuel cell industry in 2018, and is expected to lead the global market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the fuel cell market growth in the region. The governments in the region are investing significantly to promote the adoption of fuel Cell. The increasing application of fuel cells in commercial, and transportation sector further supports the market growth in the region. The increasing penetration fuel cell electric vehicles, and significant increase in power consumption accelerates the adoption of fuel cells in the region.

The Phosphoric Acid Fuel Cells (PAFCs) use liquid phosphoric acid, ceramic electrolyte and a platinum catalyst. PAFCs operate at a higher temperature, and are capable of handling small amounts of fuel impurities. PAFCs are used in high-energy demand applications, such as hospitals, schools, and manufacturing and processing centers. Solid Oxide Fuel Cell (SOFCs)

are the highest temperature fuel cells, operating at about 1800 degrees Fahrenheit. SOFCs use a dense layer of ceramic as an electrolyte, a non-platinum catalyst, and are commonly fueled by natural gas. SOFCs can achieve electrical efficiencies of 50% to 60%, and 70%-80% in CHP applications. SOFCs are used in applications such as small residential auxiliary power units, and large-scale stationary power generators for buildings and businesses.

Else place an Inquire before Purchase "Global fuel cell Market Size, Status and Forecast 2026: https://www.polarismarketresearch.com/industry-analysis/fuel-cell-market/inquire-before-buying

About Us

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contacts:
Mr. Likhil
Corporate Sales
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com

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