DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Fuel Cell Market Analysis By Product (PEMFC, PAFC, SOFC, MCFC), By Application (Stationary, Transportation, Portable) And Segment Forecast, 2014 - 2025" report to their offering.
The global fuel cell market is expected to reach USD 24.81 billion by 2025. Growing demand for unconventional energy sources is one of the key factors driving the global fuel cell market. Fuel cell is one of the fastest growing alternate backup power options primarily due to the utilization of hydrogen as fuel. In addition, they are eco-friendly as their by-product is harmless in nature, unlike other conventional technologies.
On the basis of policy development, China is still lagging but shows tremendous promise in the near future as the majority of the Chinese fuel cell manufacturers have been focusing to develop proton exchange membrane fuel cells. This implies the focus of the country to incorporate fuel cells in various modes of transport.
The market is expected to witness strategic alliances to expand the end user segment in emerging markets. Public - private partnerships will be critical in attaining an economically viable technological shift. Introducing cleaner technologies to substitute existing methodologies is expected to incur high costs which are expected to challenge the innovative streak of the key market players.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Fuel Cell Industry Outlook
4. Fuel Cell Product Outlook
5. Fuel Cell Application Outlook
6. Fuel Cell Regional Outlook
7. Competitive Landscape
8. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/l8mmmx/fuel_cell_market