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Global Hydrogen and Fuel Cells Market Research Report - Forecast To 2025
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TITLE Category Report Type PAGES 1-User PDF Enterprise PDF Continents
Global Hydrogen and Fuel Cells Market Research Report - Forecast To 2025
EnP CRR 119 4450 6250 GLOBAL
Report Description
Introduction
A fuel cell is an electrochemical device that combines hydrogen fuel with oxygen to produce electricity, heat,
and water. The fuel cell is very similar to a battery, wherein an electrochemical reaction arises as long as fuel
is available. Hydrogen is kept in a pressurized container and oxygen is taken from the air. Because of the
absenteeism of combustion, there are no harmful emissions, and the only by-product is pure water. Hydrogen
and fuel cells market is primarily driven by several factors such as high demand in the automotive,
telecommunications, and residential Micro-CHP sectors and the reduced dependency on non-conventional
energy sources. Some of the constraints such as the lesser durability of fuel cell hinder the growth of the
market.
Emerging economies are greatly focusing on developing the hydrogen fuel cell technology and infrastructure
to limit the carbon emission and meet the growing power demand in respective countries. Hydrogen fuel cell
is presently at the development stage with government initiatives and RandD programmes across major
economies. It can be concluded that a positive outcome through these research program will absolutely help
the market grow in these emerging economies during the forecast period.
For the purpose of study, global hydrogen and fuel cells market has been segmented based on type,
end-user, application, and region. Based on type, the market has been segmented into air-cooled type, and
water-cooled type. Air-Cooled type accounted for the largest market share in 2016. Based on application, the
market is segmented into stationary, transport and portable. Stationary application segment is the largest
market share in 2016. Included in the stationary FC market are the main applications such as prime power,
large CHP, residential CHP, and uninterrupted power supply (UPS).
Key Players
The major players operating in the global hydrogen and fuel cells market are Panasonic Corporation (Japan),
FuelCell Energy, Inc. (U.S.), Plug Power Inc. (U.S.), Intelligent Energy Holdings plc (U.K.), and Hyster-Yale
Group (U.S.). Other major players are Ballard Power Systems. (Canada), Doosan Fuel Cell (U.S.), Nedstack
fuel cell technology BV. (Netherlands), Hydrogenics Corporation (Canada), Pearl Hydrogen (China), and
Horizon Fuel Cell Technologies (Singapore).
Objectives of Global Hydrogen and Fuel Cells Market Analysis and Forecast, 2017 - 2025
* To provide detailed analysis of the market structure along with forecast for the next 6 years of various
segments and sub-segments of the global Hydrogen and Fuel Cells market
* To provide insights about factors affecting the market growth
* To analyze the global hydrogen and fuel cells market based on various tools such as Supply Chain
Analysis, and Porter's Five Force Analysis
* To provide historical and forecast revenue of the market segments and sub-segments with respect to
regions and their respective key countries
* To provide country-level analysis of the market with respect to the current market size and future