Fuel Cell Industry to Witness Tremendous Growth

Fuel cell is emerging as the best renewable energy source which is expected to change the energy consumption scenario in the coming years. The fuel cell technology has been gaining rapid acceptance due to its various advantages over other renewable energy sources. Over the past few years, the global fuel cell industry has been growing at a rapid pace. The constant government support, regulations like amendment in emission legislations, and increased funding for research and development of fuel cells are encouraging the industry. According to the new “ Fuel Cell Forecast to 2015 ” report, the global fuel cell market is projected to grow at a CAGR of around 43% during 2012-2015.

Research Analysis & Highlights

The report, “ Fuel Cell Forecast to 2015 ” , which is spread over 145 pages, provides comprehensive research that contains quality research, in-depth analysis, and authentic statistics regarding the global fuel cell market. It studies the emerging market trends, recent developments, and their impact on the market. The report will facilitate clients in analyzing the leading-edge opportunities, prospective customer base, expected future outlook, and all other factors critical to the success of a new entrant in the global fuel cell market.

Besides this, the report covers a brief analysis of the key players to help clients understand the market, its structure and progress in the coming years.

Some of the report’s key highlights include:

- Fuel Cells Market Emerging for Remote Applications

-Growing Fuel Cell Market for Residential CHP Applications

-Manufacturers Focusing FCEVs

-Rising Investments in Fuel Cells R&D