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The Global Fuel Cell Market for Prime Power 2019-2023 - Leading Players are Ballard Power Systems, Bloom Energy, Doosan, FuelCell Energy and Plug Power - ResearchAndMarkets.com

January 7, 2019

DUBLIN--(BUSINESS WIRE)--Jan 7, 2019--The “Global Fuel Cell Market for Prime Power 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The global power generation capacity has been increasing rapidly over the years; it is still not at par with the surging demand, thereby resulting in power outrages worldwide.

The transmission and distribution (T&D) loss of the power plants is another factor leading to power outrages. Therefore, off-grid energy storage technologies have gained significant momentum in recent years as they help decrease the dependency on the main grid and reduce the T&D losses.

Fuel-cell powered off-grid systems are experiencing high adoption and are finding applications in various industries. The adoption of fuel cells will drive the market to register a CAGR of close to 28% during the forecast period.

Growing demand for efficient and cleaner technologies

The adoption of cleaner and efficient power sources in increasing to mitigate climate changes amidst the growing environmental concerns. Fuel cells have emerged as an efficient and reliable alternate technology for electricity generation heating and other prime applications.

High cost of fuel cells

Despite increasing adoption of fuel cells the cost still remains the primary factor affecting the acceptance of the technology, a both fuel cell system and its fuel are expensive when compared with the alternative technologies such as gas generators and lithium-ion batteries.

Key Players

Ballard Power Systems Bloom Energy Doosan FuelCell Energy Plug Power

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

Market segmentation by product Comparison by product PEMFC - Market size and forecast 2018-2023 PAFC - Market size and forecast 2018-2023 SOFC - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation Geographic comparison Americas - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 EMEA - Market size and forecast 2018-2023 Key leading countries Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

Growing preference for self-generation of electricity Increasing R&D activities Development of zero energy homes

PART 11: VENDOR LANDSCAPE

Overview Landscape disruption

PART 12: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Ballard Power Systems Bloom Energy Doosan FuelCell Energy Plug Power

For more information about this report visit https://www.researchandmarkets.com/research/2xcjbh/the_global_fuel?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190107005473/en/

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Related Topics:Fuel Cells

KEYWORD:

INDUSTRY KEYWORD: ENERGY OTHER ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/07/2019 05:09 AM/DISC: 01/07/2019 05:09 AM

http://www.businesswire.com/news/home/20190107005473/en

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