Global Fuel Cell Market 2015-2019

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Global Fuel Cell Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global Fuel Cell Market 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “Functional issues and the technologies related to fuel cell applications comprise challenges that hinder the growth of the global fuel cell market. Current compressor technologies are not suitable for fuel cell applications, which make air management difficult. Government budget cuts represent yet another challenge faced by the market.”

• A fuel cell converts chemical energy into electrical energy through an electromechanical reaction. It is similar to a battery. A fuel cell consists of two electrodes, anode (positive) and cathode (negative), and an electrolyte that carry electrically charged elements from one electrode to another. A catalyst is required in the fuel cell, which speeds up the reaction taking place in the electrodes. Fuel cell creates little pollution because it uses hydrogen as the fuel.

• Technavio's analysts forecast the global fuel cell market to grow at CAGRs of 30.40% and 31.91% in terms of unit shipment and MW shipment, respectively, over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Fuel Cell Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our report:

Global Fuel Cell Market 2015-2019

Ballard

Bloom Energy

FuelCell Energy

Ballard was founded in 1979 and is headquartered in Burnaby, British Columbia, Canada. The company is a manufacturer of clean-energy fuel cell products and services. It specializes in proton membrane fuel cell technology.

Bloom Energy was founded in 2001 and is headquartered in Sunnyvale, California, US. The company, by means of its onsite power generation system, provides clean and cost-effective power from different traditional and renewable fuels.

FuelCell Energy was established in 1969, and is headquartered in Danbury, Connecticut, US. It is the world's leading integrated fuel cell company that designs, manufactures, sells, and operates Direct FuelCell power plants.

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Market Landscape

• The global fuel cell market by MW shipment is expected to grow significantly during the forecast period, driven by growing applications of MCFCs in large stationary systems.

• MCFCs overtook PEMFCs in terms of MW shipments in 2013 mainly because of the rising applications of fuel cells in large-scale stationary power generation.

• Stationary power fuel cell applications are expected to fuel the market growth because of their application in emerging sectors such as telecommunication power backup and residential micro-CHP.

• Increased power-to-gas projects, especially in EMEA, will also contribute to the market growth.

• This is mainly because surplus solar or wind energy converted to hydrogen, SNG, or methane can be used to power fuel cell systems or FCEVs. Several power-to-gas projects are already in operation in countries such as the UK and Germany.

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Key Buying CriteriaGuest BloggersParameter Details

Efficiency

Fuel cells should be efficient and feature advanced technology such as co-generation.

Flexibility Fuels used in fuel cell devices should be flexible.

ReliabilityFuel cells should reduce power fluctuations and provide a steady power supply.

Security Refers to power security because fuel cells allow decentralized power generation.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Fuel Cell Market 2015-2019

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