Fuel Cell Market Size, Share, Industry Analysis and Global Forecast to 2030
The latest report, titled ‘GlobalFuel Cells Market,’ comprises a profound analysis of the fundamental parameters
contributing to the global Fuel Cells market scenario. The research report
provides the reader with an in-depth interpretation of the Fuel Cells market
dynamics, including the crucial drivers, opportunities, threats, and challenges.
The report also describes the key business strategies, demand and supply
ratios, leading regions, and the renowned market players, in a nutshell,
offering a futuristic outlook of the overall Fuel Cells industries. The market
intelligence report is a prototype of the 360 overview of the global Fuel
Cells industry shedding light on the estimated market value, share, growth
trends, gross revenue, competitive overview, prominent manufacturers and
buyers, available product types, and end-use applications.
The global Fuel
Cells Market is expected to reach USD 16.58 Billion by
2027, according to a new report by Emergen Research. The growth of this market
can be attributed due to the growing environmental awareness among consumers
and increasing government initiatives regarding the adoption of fuel cells to
reduce the emission levels in the environment. Increasing research and
development for the technological advancement of the products is augmenting the
demand for the industry.
Additionally,
the report also gives an insight into product portfolios, costs, sales,
production capacities, and market players. Raw materials, demand analysis,
product flow, and distribution channels have been studied and surveyed
extensively in this research report. The key growth trends and opportunities
are offered through a thorough investigation and examination of the market. A
detailed course of development is offered in the report along with insights
into businesses connected with it, which include firms, industries,
organizations, vendors, and local manufacturers.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/100
Prominent Players Analyzed in the
Report:
Ballard Power Systems,
Hydrogenics Corporation, FuelCell Energy, Inc., Bloom Energy, Plug Power, Inc.,
SFC Energy AG, Ceres Power Holdings PLC, Doosan Fuel Cell America, Intelligent
Energy, and Toshiba Energy Systems & Solutions Corporation, among others.
The pandemic has severely
affected the automotive & transportation industry and disrupted the supply
chain, raw material supplies, and demand for the product in the automotive
industry. As people are facing a financial crisis, there are changes in
consumer buying behavior, which can adversely affect the industry. The
liquidity shortfall and the cash crisis have already affected the sales of the product.
Additionally, many companies are withdrawing their investments, and the
government of several countries is cutting down the incentives provided by them
earlier, which are hampering the growth of the market.
Some Key Highlights from the
Report
- The Proton Exchange Membrane Fuel Cell
(PEMFC) segment dominated the market with a share of 53.5% in 2019 due to
its higher efficiencies, lower emission rate, and can operate at a lower
temperature.
- The transportation segment is expected to
register the highest CAGR of 26.0% over the forecast period as the
government of the developing countries is replacing the gasoline-based bus
with fuel cells based buses in order to reduce the CO2 emission.
- Asia-Pacific has the highest adoption rate in
the market due to the favorable policies and initiatives of the government
in countries such as Japan, China, and South Korea.
Request a discount on the report @ https://www.emergenresearch.com/request-discount/100
Emergen Research has segmented
the global Fuel Cells Market on the basis of Product, Application, End-User,
and region:
Product Outlook (Revenue, USD
Billion; 2017-2027)
- Phosphoric Acid Fuel Cell (PAFC)
- Molten Carbonate Fuel Cell (MCFC
- Proton Exchange Membrane Fuel Cell (PEMFC)
- Solid Oxide Fuel Cell (SOFC)
- Others
Application Outlook (Revenue, USD
Billion; 2017-2027)
- Portable
- Stationary
- Transportation
End-User Outlook (Revenue, USD
Billion; 2017-2027)
- Defense
- Fuel Cell Vehicles
- Utilities
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/fuel-cells-market
Regional Outlook (Revenue, USD
Billion; 2017-2027)
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
Overview of the Fuel Cells Market
Report:
·
Introduction,
Product Scope, Market Overview, and Opportunities
·
Analysis of
the Manufacturers with sales, revenue, and price analysis
·
Comprehensive
analysis of the competitive landscape
·
Extensive
profiling of the key competitors along with their business strategies and
market size
·
Regional analysis
of the market along with sales, revenue, market share, and global position
·
Country-wise
analysis of the market along with types, applications, and manufacturing
·
Strategic
recommendations to established players as well as new entrants
·
In-depth
analysis of the risks, restraints, and limitations in the Fuel Cells industry
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Thank
you for reading our report. Please connect with us to know more about the
report or the customization of the report. Our team will ensure the report is
best suited to meet your requirements.
About Emergen Research
At Emergen Research, we believe
in advancing with technology. We are a growing Marketresearch and strategy
consulting company with an exhaustive knowledge base of cutting-edge and
potentially market-disrupting technologies that are predicted to become more
prevalent in the coming decade.
Contact Us:
Eric
Lee
Corporate
Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
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