Press release
Analysis of Global Fuel Cells Market for Automotive Industry to grow at a CAGR of 9.04% during the period 2017-2021
About Fuel Cells
Fuel cells like batteries generate electricity from chemical synthesis. The electrochemical reaction in the fuel cell oxidizes the hydrogen, which reacts with oxygen to form water and release electrons. All fuel cells follow a standard design, wherein two electrodes (a porous anode and cathode) are separated by an electrolyte. The electrolyte carries electrically charged particles. To accelerate the electrochemical reaction, a catalyst is used. Fuel cells are categorized by the nature of the electrolyte used.
Technavios analysts forecast the global fuel cells market for automotive industry to grow at a CAGR of 9.04% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fuel cells market for automotive industry for 2017-2021. To calculate the market size, the report considers the new installations in the market and only fuel cells for automotive industry has been considered in market sizing.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Fuel Cells Market for Automotive Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Ballard Power Systems
Hydrogenics
Nuvera Fuel Cells
Oorja Fuel Cells
PLUG POWER
Browse more details @ https://www.researchmoz.us/global-fuel-cells-market-for-automotive-industry-2017-2021-report.html
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
Fuel cell overview
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global fuel cells market for automotive industry by application
Light-duty vehicles
Heavy-duty vehicles
Other vehicles
PART 07: Geographical segmentation
Global fuel cells market for automotive industry by geography
APAC
Americas
EMEA
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Reduction in the cost of fuel cell system
Increase in R&D investment and activities
Diverse applications
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