Fuel Cells are source of power production as long as they get fuel supplement. Fuel cells produce power through electro-chemical reaction which does not involve any mechanical parts. Fuel cells possess characteristics like clean output, efficiency and less noise as compared to generators. Fuel used by the Fuel Cells is natural gas, hydrogen, methanol & various other types of fuels. The use of Fuel Cells in growing due to factors like; improvement in the performance factor like high torque, development of hydrogen-on-demand technology, wide number of applications (like drones, unmanned ground robots, and other commercial applications), etc. Therefore, the Defense Fuel Cells Market is anticipated to expand and has tremendous scope during the forecast period. The global Defense Fuel Cells Market anticipated to flourish in the future by growing at a significantly higher CAGR.
The global Defense Fuel Cells Market is based on segment, by Technology the market is segmented into DMFC, SOFC and PEM.
Defense Fuel Cells Market, By Technology
On a global front, the Defense Fuel Cells Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). North American region is leading the Defense Fuel Cells Market due to increasing adoption of technical advancement in military equipment’s and rising budget on defense.
Defense Fuel Cells Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The leading players in the market are Direct Methanol Fuel Cell Corporation, WATT Fuel Cell Corporation, Protonex, Delphi Automotive, Ultracell, Altergy, Neah Power Systems, Bloom Energy, General Motors, Ballard Power Systems and SFC Energy. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Direct Methanol Fuel Cell Corporation
WATT Fuel Cell Corporation
Neah Power Systems
Ballard Power Systems
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?