Infinium Global Research Global Fuel Cell Market | Page 2

Infinium Global Research has added a new report on Global Fuel Cell Market. The report predicts the market size of
Fuel Cell is expected to reach XX billion by 2021.
The global Fuel Cell market is projected to surpass USD 6.60 billion by the end of 2021, growing at a CAGR between
14.5% and 15.0% from 2016 to 2021. 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
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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:
AFC Energy
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.