Global Fuel Cell Market to Post 16.58% CAGR to 2026, Forecasts Inkwood Research in Its New Report Added at MarketPublishers.com31 Jan 2018 • by Natalie Aster
LONDON – A number of advantages, which fuel cells provide over other storage technologies that are available in the global market, alongside the increasing PPPs, are projected to propel the growth of the global fuel cell market at a CAGR of 16.58% through to 2026.
Application–wise, stationary applications are currently taking the lead in the market space. With respect to technologies, polymer/proton exchange membrane fuel cells (PEMFCs) are claiming momentum amongst the end-users.
Geography-wise, the APAC market is set to outstrip all other regions by end-2026. Nations such as Japan, Taiwan, India, China and South Korea are stimulating this market’s growth owing to massive investments in the fuel cell R&D as well as technology advances. The majority of these countries are also observing grand-scale installations of fuel cells.
Exxon Mobil Corporation, Fuelcell Energy, Hitachi, Hydrogenics Corporation, AFC Energy, Bloom Energy Corporation, Ballard Power Systems, Plug Power, Toyota Motor Corporation, and Toshiba, amid others, are the well-entrenched market players.
New cutting-edge research report “GLOBAL FUEL CELL MARKET FORECAST 2018-2026” drawn up by Inkwood Research offers a 360-degree view of the market worldwide covering all its major aspects.
This report examines the market’s historical background and current situation; gives an overview of the market dynamics covering drivers, restraints, opportunities and challenges. It presents granular market segmentation based on application and technology, and also geography-wise. Key analytics provided in the study include Porter’s five forces analysis, value chain assessment, major buying criteria, regulatory framework, patent analysis, investment outlook, etc. Furthermore, the study canvasses the competitive environment, offers market share analysis, pinpoints the top winning strategies, and profiles the leading companies. Detailed future forecasts of the market development through to 2026 are also available.
Many other new reports by Inkwood Research are at hand in the publisher’s online catalogue at MarketPublishers.com.