The Global Fuel Cell Market Would Grow at a CAGR of 15.5% from 2017 to 2025

The Global Fuel Cell Market Would Grow at a CAGR of 15.5% from 2017 to 2025

Progressive Markets has published a report, titled, Global Fuel Cell Market - Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025.

Global Fuel Cell Market Report Based on Type (PEM, SOFC, MCFC, PAFC, DMFC and Others), Application and Geography. As per the report, the Global Fuel Cell Market is expected to grow at a CAGR of 15.5% from 2017 to 2025.

The report provides insights on drivers, restraints, and opportunities along with detailed segmentation. In addition, current market trends, market attractiveness, and competitive landscape are discussed in the study along with key findings. The report is a helpful source of information for market players, investors, and new entrants to gain understanding of changing market dynamics. It also helps them in determining strategies for the future and take necessary steps to gain competitive edge.

The report provides an executive summary in terms of key findings and recent industry developmental analysis. These insights assist in gaining knowledge about current market dynamics. The trends that drive investors to invest in certain areas and segments are highlighted. Competitive landscape is outlined and steps taken to gain competitive advantage are deliberated. The study also shades a light on recent developments, fuel cell technology, and how it will shape the industry in coming years is discussed. The scope of the research and definitions of some of the important terms are mentioned to offer ease in readability to user. Research methodology implemented in the study is explored. It assists market players in determining sources of data and statistics.

Research Factor Included in Fuel Cell Industry

The research aims to help market players of the global fuel cell market by offering insights on drivers and restraints. There are features of fuel cell such as higher energy density as compared to battery and more capability than backup power station are some of the factors that are driving the growth of the industry. However, high cost of catalyst and lack of infrastructure in developing nations are the factors which may limit the growth of the market. On the other hand, requirement of resilient energy systems and emergence of new technologies in hydrogen usage are creating new opportunities in the global market. The study also outlines impact of drivers, restraints, and opportunities on the global market and how industry players can plan their action to achieve growth. Porters Five Forces Model is also outlined to determine competitive intensity of the industry. Bargaining power of suppliers and buyers, threat of substitutes, industry rivalry, and threat of new entrants are factors based on which the analysis is carried out.

Segmentation of Fuel Cell Market by Component and Industry Vertical

Detailed segmentation of the global fuel cell market is provided based on type, application, and geography. Type segment is classified into polymer/proton exchange membrane fuel cells (PEM), molten carbonate fuel cells (MCFC), solid oxide fuel cells (SOFC), direct methanol fuel cells (DMFC), phosphoric acid fuel cells (PAFC), and others. The report offers analysis of application segment into transportation, stationary, and portable power. Geographic breakdown is done into North America, Europe, Asia-Pacific, and LAMEA. Extensive analysis of each region is offered to determine dominating regions and emerging economies. Tables and figures offer insights on market share of each segment for the historic period, 2014-2016 and the forecast period, 2017-2025. In addition, market value of type and application based on geography are explored for the historic period and the forecast period in a tabular format. Revenue generated by each segment in aforementioned region is discussed with the help of tables and figures.

Key Manufacturers Analysis of Global Fuel Cell Market

The report offers extensive analysis of key manufacturers operating in the global fuel cell market. It helps other market players, investors, and new entrants in determining competitive landscape and opens up opportunities for collaboration, partnerships, and agreements. Leading players in the global fuel cell market includes AFC Energy PLC., Bloom Energy Corporation, Aisin Seiki Co. Ltd., Doosan Corporation, Ceramic Fuel Cells Limited, Hydrogenics Corporation, Fuelcell Energy, Inc., Panasonic Corporation, Kyocera Corporation, and Toshiba Corporation. These manufacturers are analyzed in terms of business overview, financial & business segments, and recent developments. Company snapshot of each market players is provided with the help of tables and figures. The study is a source of guidance for market players to get ahead of the curve and sustain for long time in the global market.


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