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
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 PlayersBallard Power Systems Bloom Energy Doosan FuelCell Energy Plug Power
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCTMarket 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 LANDSCAPEGeographic 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 TRENDSGrowing preference for self-generation of electricity Increasing R&D activities Development of zero energy homes
PART 11: VENDOR LANDSCAPEOverview Landscape disruption
PART 12: VENDOR ANALYSISVendors 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
INDUSTRY KEYWORD: ENERGY OTHER ENERGY
SOURCE: Research and Markets
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PUB: 01/07/2019 05:09 AM/DISC: 01/07/2019 05:09 AM