Global PEM Fuel Cells Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global PEM Fuel Cells Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global polymer electrolyte (PEM) fuel cells market is in nascent phase and it is likely to grow at a rapid rate on account of increasing demand for clean energy and increase focus towards usage of fuel cell technology as a source of energy.

Globally, the increasing awareness about clean energy is providing a huge impetus to alternate sources of energy. As per the Paris climate deal, the countries across the globe have committed to use clean energy sources and move away from conventional fuels which cause adverse effects on environment. The fuel cells can be used to bridge the demand supply gap of electricity caused by reduction in usage of conventional fuels.

Asia Pacific region has highest share in PEM fuel cells market, owing to huge investments made in fuel cell technologies in countries such as Japan and South Korea. Japan and South Korea have planned to reduce the usage of nuclear energy thereby leading to increased opportunities for alternate power source, which in turn, is a big driver for PEM fuel cells market. The Asia Pacific region offers immense market opportunities for PEM fuel cells on account of widespread adoption of electric vehicles.

The US is anticipated to dominate the market growth for PEM fuel cells on account of increased focus on deployment of clean energy solutions. The per capita emission of carbon dioxide in the US very high and overall carbon dioxide emissions is second after China. The US government provide huge incentive to fuel cell technology and according to the Department of Energy (DOE), the fuel cell technology will be cost competitive with other options by 2018.

Companies Mentioned

  • Dupont Fuel Cell
  • Hitachi Ltd
  • Cmr Fuel Cells Plc
  • Panasonic Corp
  • Samsung Sdi Co Ltd
  • Polyfuel Inc S.A.p Corp
  • Toshiba Corp
  • Ultracell Corp
  • Fujikura Ltd

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Industry Attractiveness - Porter's Five Force Analysis

7. Regional Market Analysis

8. Key Company Analysis

9. Competitive Landscape

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/b26k4q/global_pem_fuel?w=4

Contacts

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Related Topics: Fuel Cells

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Fuel Cells