Leading companies in the Global Fuel Cell Technology Market include AFC Energy, Topsoe, Heliocentris, and Genport SRL. Companies in fuel cell technology have been looking to cooperate with national and regional governments to speed up the adoption of fuel cells in specific regions. For instance, AFC Energy has signed a cooperation agreement with the Thai government to drive the adoption of fuel cells in upcoming projects in Thailand.
Rising Crude Oil Prices to Drive Fuel Cell Technology Market
Market Research Future (MRFR) announces a new report on the Global Fuel Cell Technology Market. The Global Fuel Cell Technology Market has been assessed in terms of its applications and regional segmentation in order to derive accurate projections for the market’s growth over the forecast period (2018-2024). The report provides comprehensive forecasts for the previously mentioned forecast period through a detailed study of the various factors affecting the growth trajectory of the Fuel Cell Technology Market.
Fuel cell technology consists of batteries that run on a continuous supply of hydrogen or other fuels, which undergo a chemical reaction to produce electricity. Fuel cells differ from regular batteries in that they need a continuous supply of fuels, but they also differ from internal combustion engines in that the reaction is much more controlled and manageable. They gained attention in the global energy sector in recent years due to their high efficiency of fuel use and the environmental viability of their emissions. The rising support for environmentally oriented measures and growing government support to technological innovation into reducing the human impact on the planet is likely to drive the Global Fuel Cell Technology Market over the forecast period.
Rising prices of crude oil have necessitated the use of other fuel technologies in the automotive sector. Crude oil is an exhaustible resource and predictions have indicated a dire-to-moderate need to start looking for alternatives to crude oil derivatives, as global reserves of the same have started to run dry. This is likely to be a major driver for the Global Fuel Cell Technology Market over the forecast period.
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Global Fuel Cell Technology Market Report: Major Player
Some of the major market players in Global Fuel Cell Technology Market include
- AFC Energy PLC
- Ceres power Holdings PLC
- Genport SRL
- SFC energy AG
- TOPSOE Fuel cell
- Ned stack
The report segments the Global Fuel Cell Technology Market by Method, Application, and Fuel Type.
Global Fuel cell technology market by Fuel types:
- Natural gas/ Methane
- Anaerobic Digester gas
Global Fuel cell technology market by Method:
- Polymer/ Proton exchange membrane fuel cells (PEM)
- Solid oxide fuel cells (SOFC)
- Molten carbonate fuel cells (MCFC)
- Phosphoric acid fuel cells (PAFC)
- Direct methanol fuel cells (DMFC)
- Alkaline fuel cells (AFC)
- Direct carbon fuel cells (DCFC)
- Zinc air fuel cells (ZAFC)
- Protonic ceramic fuel cells (PCFC)
- Microbial fuel cells (MFC)
Global Fuel cell technology market by Applications:
- Portable electronics
Global Fuel cell technology market by Regional:
- North America
- Asia Pacific (APAC)
- Rest-of-the-World (RoW)
Browse the Full Research Report At@ https://www.marketresearchfuture.com/reports/fuel-cell-technology-market-798
Global Fuel Cell Technology Market Report: Latest News
AFC energy, one of the leading fuel cell power companies has announced in 2014 that it is going to sign a new co-operation agreement in Bangkok to accelerate adoption of fuel cell systems in upcoming projects in Thailand.
Table of Content
1 Report Excerpts
2 Market Definition
2.1 Scope of the study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.2 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Forecast
3.5 Forecast Model
4 Forecast Indicators
4.5 Macroeconomic Indicators
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5 Market Analysis
5.1 Value Chain/Supply Chain Analysis
5.2 Porters’ Five Forces Analysis
5.3 Pricing Analysis in (2014-2027)
5.4 Historical Market Analysis (2010-2015)
To be Continue ………..,
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