Global Fuel Cell Market 2015-2019

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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.

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Global Fuel Cell Market 2015-2019

  1. 1. Global Fuel Cell Market 2015-2019 www.technavio.com enquiry@technavio.com
  2. 2. USA – CANADA – UK – CHINA – INDIA 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 For more information on the Global Fuel Cell Market 2015-2019, please mail us at enquiry@technavio.com
  3. 3. USA – CANADA – UK – CHINA – INDIA 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.
  4. 4. • 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 is available in our report: Global Fuel Cell Market 2015-2019 USA – CANADA – UK – CHINA – INDIA
  5. 5. USA – CANADA – UK – CHINA – INDIA 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.
  6. 6. USA – CANADA – UK – CHINA – INDIA 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.
  7. 7. USA – CANADA – UK – CHINA – INDIA Key Buying Criteria Guest 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. Reliability Fuel cells should reduce power fluctuations and provide a steady power supply. Security Refers to power security because fuel cells allow decentralized power generation.
  8. 8. • Growth Forecasts? • Market Analysis? • Revenue Forecasts? • Regional and Country level Analysis? • Competitive Structure? • Emerging Trends? • Vendor Landscape? • Other? What Would You Like to Learn From Technavio? Global Fuel Cell Market 2015-2019 Let us identify your needs. We would love to hear more!
  9. 9. USA – CANADA – UK – CHINA – INDIA Our Report Covers: Market Scenarios, Vendor landscape & Industry Road Maps. You have the Option to Customize Reports & Access Analysts on every Report Purchase. Purchasing this report? For media enquiries, please drop us a mail at media@technavio.com We’ll include an hour with our analysts to discuss the report findings. For free.
  10. 10. USA – CANADA – UK – CHINA – INDIA Access the Report USA – CANADA – UK – CHINA – INDIA India: An Overview USA – CANADA – UK – CHINA – INDIA About Us USA – CANADA – UK – CHINA – INDIA Thank You! North America Chicago, USA Phone: +1 630 333 9501 Fax: +1 630 833 2171 Europe London, United Kingdom Phone: +44 208 123 1770 Fax: +44 845 280 2825 Asia Bangalore, India Phone: +91 934 254 0560 Fax: +91 80 4080 6070 DISCLAIMER This presentation is intended solely for showcasing Infiniti’s research capabilities. All information contained within this presentation has been randomized and should not be used for any kind of analysis and/or for decision making purpose. All trademarks and copyrights remain the sole ownership of their rightful owners/licensees. In no event shall Infiniti Research have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with this report, even if Infiniti Research has been advised of the possibility of such damages. Copyright ©2013 Infiniti Research Limited. All Rights Reserved. Reproduction without written permission is completely forbidden. NOT FOR FURTHER DISTRIBUTION

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