A latest report has been added to the wide database of Fuel Cell Market by Infinium Global Research. This report studies the Fuel Cell
Market by type (polymer/ proton exchange membrane, solid oxide, molten carbonate, phosphoric acid, direct methanol), by
application (stationery applications market, transportation applications market, portable power) market status and outlook of global
and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments
& countries in recent years and to forecast the values for the next six years. Fuel Cell Market provides opportunities in micro markets
for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major
companies in the Fuel Cell Market.
The global fuel cell market is projected to surpass USD 6.60 billion by the end of 2023, growing at a CAGR of 14.5% from 2017 to 2023.
Fuel cells are electro-chemical devices that transform the chemical energy into heat and electricity by the oxidation of fuel (hydrogen,
natural gas and methanol) contained in the fuel cell. The fuel cells usually comprise electrodes and electrolytes between which the
oxidation reaction takes place. Electrolytes used in fuel cells are materials that contain many ions (atoms or molecules that have a net
electrical charge), making it easy for an electric current to flow through them. Basic fuel cell components include electrodes,
membranes, catalysts, polymers, and ceramics. These components are procured from the suppliers along with the components such as
valves subsystem, membrane electrode assembly (MEA), which are then forwarded to the system integrators. Catalysts (platinum,
nickel, and conductive ceramics) are used to speed up the reaction at the electrodes.
Segments Covered:
The report segments the global fuel cell market by type, application, and region. The types include polymer/proton exchange
membrane (PEM) fuel cell, direct methanol fuel cell, phosphoric acid fuel cell, solid oxide fuel cell, and molten carbonate fuel cell,
among others. On the basis of application, the market is segmented into portable, transportation, and stationary applications.
Companies Profiled:
The report provides profiles of the companies in the global fuel cell market, AFC Energ, Aisin Seiki Co. Ltd, Ballard Power Systems Inc.,
Bloom Energy, Ceramic Fuel Cells Limited, Ceres Power Holdings PLC, Doosan Corporation, Fuelcell Energy, Hydrogenics Corporation,
Kyocera, Panasonic Corporation, Plug Power Inc., and Toshiba Corporation.