1 / 8

Fuel Cell Market to Reach $9.1 billion by 2027

[321 Pages Report] The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and projected to reach USD 9.1 billion by 2027, at a CAGR of 26.0%. The emissions from vehicles account for more than 15% of the global greenhouse emissions. Hence, governments all over the world are finding alternative power sources for use in the transportation sector. The adoption of fuel cell vehicles (FCVs) in the sector is expected to increase in the near future, as there is zero owing to the absence of CO2 emissions during vehicle operation. Therefore, many automotive manufacturers are making

JohnTeary
Download Presentation

Fuel Cell Market to Reach $9.1 billion by 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, Vehicles (FCV)), Size (Small & Large), End User (Residential, C&l, Transportation, Data Center, Military & Defense, Utility), Region - Global Forecast to 2027 www.MarketsandMarkets.com

  2. The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and projected to reach USD 9.1 billion by 2027, at a CAGR of 26.0%. The emissions from vehicles account for more than 15% of the global greenhouse emissions. Hence, governments all over the world are finding alternative power sources for use in the transportation sector. The adoption of fuel cell vehicles (FCVs) in the sector is expected to increase in the near future, as there is zero owing to the absence of CO2 emissions during vehicle operation. Therefore, many automotive manufacturers are making considerable investments to incorporate fuel cell vehicles in their product offerings. View detailed Table of Content here – https://www.marketsandmarkets.com/Market-Reports/fuel-cell-market-348.html

  3. Decarbonizing goals to make transportation emission free is expected to result in fuel cell vehicles application segment occupying majority of the fuel cell market share  The fuel cell vehicles are estimated to have the largest market share by value. Growth of this segment can be attributed to different decarbonization goals set by government to make transportation emission free. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=348

  4. SOFC segment is expected to be the fastest growing market The growth of this segment can be attributed to flexibility in fuel used by SOFCs and Increasing demand for energy efficient power generation by different end users. Solid oxide fuel cells with an operating temperature of up to 1,000°C are suitable for the extraction of process heat and thus for stationary usage in power stations and combined heat and power plants, as well as for heating systems in residential and commercial & industrial sectors.

  5. Browse >> 331 market data tables 64 figures 321 pagesand in-depth TOC on “Fuel Cell Market- Global Forecast to 2027” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  6. Asia Pacific is likely to emerge as the largest fuel cell market Asia Pacific is estimated to be the largest market for fuel cell during the forecast period. The Asia Pacific market is principally driven by government regulations on energy and climate, strict laws on emission of GHG. The increasing production of vehicles in China, Japan, and South Korea and the growing demand for electric vehicles, especially in China and Japan, are also expected to drive the fuel cell market in the region. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=348

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Fuel Cell Market. These include • Bloom Energy (US), • Aisin Corporation (Japan), • Doosan Fuel Cell Co., Ltd. (South Korea), • KYOCERA Corporation (Japan), • Plug Power Inc. (US), • Ceres (UK), • Ballard Power Systems (Canada), • Powercell Sweden AB (Sweden) among others... • Buy Now : - https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=348

  8. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

More Related