Fuel-Cell Research Report - 45% Growth for Global Automotive Fuel Cell Market 2015-2019
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SEE ALSO: Fuel Cell Madness
DUBLIN February 3, 2016; Research and Markets has announced the addition of the "Global Fuel Cell Market in the Automotive Industry 2015-2019" report to their offerings.
“Global Fuel Cell Market in the Automotive Industry 2015-2019”
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The analysts forecast the global fuel cell market in the automotive industry to grow at a CAGR of 45.27% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global fuel cell market in the automotive industry for 2015-2019. The market size has been calculated based on the revenue generated from the global units and MW shipments of fuel cells in the automotive industry. The report also includes a discussion of the key vendors operating in this market.
Companies are making huge investments in R&D in the fuel cell industry. Many universities and government organizations are engaged in research and demonstration projects of new technologies in the industry. For instance, the National Energy Foundation is working with New Energy and Industrial Technology Development Organization (NEDO) in the UK on various fuel cell research projects.
According to the report, development of the hydrogen infrastructure is the key driver for the growth of this market. Since hydrogen is the primary fuel used in fuel cell electric vehicles (FCEVs), around 80 million tons of hydrogen is produced every year to meet the growing need for hydrogen fuel cells in FCEVs.
Further, the report states that vendors need to address some functional issues associated with fuel cell systems, which include improving thermal, air, and water management.
The market is divided into the following segments based on type of vehicle:
- Light-duty vehicles
- Fuel cell buses
- Material handling
Key vendors
- Ballard Power Systems
- ACAL
- Nuvera Fuel Cells
- Plug Power
- Hydrogenics
Other prominent vendors
- Delphi Automotive Systems
- EnergyOR Technologies
- H2 Logic
- Symbio FCell
- Proton Motors
- Oorja Protonics
- Nuvera Fuel Cell
- Intelligent Energy
- Infintium Fuel Cell Systems
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type of vehicle
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information visit http://www.researchandmarkets.com/research/g4wzch/global_fuel_cell