Global fuel cell market reached 0.14 million unit shipments in 2010 from mere 11 thousand units in 2007. During this period, shipments grew by CAGR of 132% and are further expected to rise by 115% CAGR from 2011 to 2016. The global fuel cell market which was at $650 million in 2010 will be at $1.6 billion in the year 2016.
The report “Global Fuel Cell Market by Technology, Application, Component, Installation, Cost, Geography, Trends and Forecasts (2011 – 2016)” highlights market trends, opportunities, and inhibitors. It divides global fuel cell market into geographies, technologies/types, applications, and fuel used and forecasts each market till 2016 in terms of quantity, capacity, and value. The report also discusses about the cost structure, investments, and policies and regulations. Some geographic markets which are pioneers in fuel cell manufacturing and research activities such as U.S., Canada, Germany, UK, Japan, and South Korea are analyzed in detail and depth.
This report breaks the global fuel cell market into four major segments, i.e. geographies, applications, technologies/types, and fuel used. Each market is analyzed in terms of unit shipments, MW capacity and value, and forecasted for 2011-2016.
Geography: North America, Europe, and Asia and major countries in those regions such as U.S., Canada, Germany, UK, Japan, and South Korea
Application: Stationary, transportation, and portable
Technology/Type: Proton Exchange Membrane Fuel Cell (PEMFC), Direct Methanol Fuel Cell (DMFC), Solid Oxide Fuel Cell (SOFC), Molten Carbonate Fuel Cell (MCFC), Phosphoric Acid Fuel Cell (PAFC) etc.
Fuel used: Hydrogen, Methanol, Natural Gas/Methane, Anaerobic Digester Gas/Biogas etc.
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