DUBLIN--(BUSINESS WIRE)--The "Global Fuel Cells for Marine Vessels Market 2017-2021" report has been added to Research and Markets' offering.
The global fuel cells for marine vessels market is expected to grow at a CAGR of 3.73% during the period 2017-2021.
The report, Global Fuel Cells for Marine Vessels Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is evolution of hydrogen as a marine fuel. With stringent regulatory pressures from governments and increase in bunker fuel oil prices, the global marine transportation industry is shifting toward fuels such as low sulfur fuel oil (LSFO, which releases negligible sulfur oxide emissions) and hydrogen fuel (which has zero emissions owing to the production of water on burning).
According to the report, one driver in the market is demand for alternate propulsion systems. The marine propulsion systems market has been steadily evolving over the years. Conventional systems are typically based on diesel engines and gas turbines that convert the chemical energy of the fuel into mechanical energy. Though such systems are still prominent, a shift toward alternative propulsion systems has been observed in recent years. Diesel and gas are non-renewable resources of energy that are scarce and are subject to price fluctuations. Additionally, they release harmful gases on combustion, and the operation of diesel engines generate considerable noise and vibration.
Key vendors
- Dynad International
- PowerCell Sweden
- Serenergy
- Toshiba
Other prominent vendors
- Fiskerstrand Verft
-
Meyer Werft
- Nuvera Fuel Cells
- WATT Fuel Cell
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Technology
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/xpq78k/global_fuel_cells
