Zion Market Research Global Fuel Cell Technology Market, 2016 – 2024 | Page 2

Fuel Cell Technology Market
Zion Market Research, the market research group announced the analysis report titled ‘Fuel
Cell Technology Market: Global Industry Analysis, Size, Share, Growth, Trends, and
Forecasts 2016–2024'
Global Fuel Cell Technology Market: Overview
Energy produced by the device after conversion from chemical to electrical due to chemical
reaction of positively charged hydrogen ions with oxidizing agent is known as fuel cell. Fuel
cells need continuous feeding of fuel or air to retain the reaction.
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technology-market
Global Fuel Cell Technology Market: Segmentation
The global fuel cell technology market is majorly segmented in two factors, by application
and by its type. Further, based on the type it is segmented as direct methanol fuel cell
(DMFC), solid oxide fuel cell (SOFC), phosphoric acid fuel cell (PAFC), polymer/proton
exchange membrane (PEM) Fuel Cell, and molten carbonate fuel cells (MCFC).Owing do
the developing technology and its advancements it is widely used in various application
such as portable, stationary, and transportation. In addition, global fuel cell technology
market is widely diversified into various regions which include North America, Europe, Asia
Pacific, Middle East, Africa and Rest of the World.