Global PEMFC Market 2015-2019

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Global PEMFC Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global PEMFC Market 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “The global PEMFC market is expected to grow significantly because of some new emerging trends. Increased investment in R&D is a key trend influencing the market. Many universities and governmental organizations are engaged in research and demonstration projects of new technologies in the PEMFC industry. The reduction in the prices of PEMFC devices is another trend influencing market growth.”

• A PEMFC is a device that generates electricity through an electrochemical process that oxidizes electrolytes between two electrodes, the anode and the cathode. The PEMFC is a leading fuel cell technology extensively used for applications in light duty and material handling vehicles. Such devices are also used in stationary and other applications.

• The global PEMFC market is growing significantly and is expected to grow at a CAGR of 26.67% in terms of unit shipments during 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global PEMFC Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our

report:

Global PEMFC Market 2015-2019

Ballard

FuelCell Energy

Hydrogenics

The company offers its products through four business segments: Engineering Services, Telecom Backup Power, Development Stage, and Material Handling. It offers fuel cell products for both motive power and stationary applications. It operates three manufacturing facilities.

FuelCell Energy was established in 1969, and is headquartered in Danbury, Connecticut, US. It is the world's leading integrated fuel cell company that designs, manufactures, sells, and operates Direct FuelCell power plants.

Hydrogenics was incorporated in 2009 and is headquartered in Mississauga, Ontario, Canada. The company designs, manufactures, builds, and installs industrial and commercial hydrogen systems. Its hydrogen generation and fuel cell products are based on the water electrolysis and PEM technologies.

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Market Landscape

• The global PEMFC market is expected to grow significantly during the forecast period.

• The rise in demand for PEMFC systems for stationary power is expected to drive the unit shipments of fuel cells.

• The transportation sector is an important application for PEMFCs.

• The increased demand from the transportation sector, which includes light duty vehicles, buses, aerospace, and material handling vehicles that operate in ports and airports, has contributed significantly to market growth in terms of unit shipments.

• Additionally, the shipments of portable PEMFC systems have escalated significantly over the last three years and are expected to grow further because of the large-scale presence of portable fuel cell chargers for consumer electronics and mobile devices.

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Key Buying Criteria

Guest BloggersParameter Details

Efficiency

The efficiency of PEMFCs to store and provide energy while reducing fuel consumption.

Cost The overall cost of PEMFCs should be reasonable for end-users.

Fuel Utilization Cost effectiveutilization or consumption of fuel during the operation of PEMFCs.

Carbon Emissions PEMFCs should be eco-friendly and emit very low levels of carbon.

ReliabilityPEMFCs should reduce power fluctuations and provide a steady power supply.

SecurityPEMFCs enable decentralized power generation, so the systems should be secure.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global PEMFC Market 2015-2019

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