DUBLIN--(BUSINESS WIRE)--The "Global Regenerative Fuel Cells Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global regenerative 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 shifting focus to increase use 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 regenerative 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 regenerative fuel cells market. The Asia Pacific region offers immense market opportunities for regenerative fuel cells on account of widespread adoption of electric vehicles.
The US is anticipated to dominate the market growth for regenerative 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.
- Samsung SDI
- Fujikura Limited
- Ballard Power Systems Inc.
- Oorja Protonics Inc.
- Horizon Fuel Cell Technologies
- Meoh Power Inc.
- SFC Energy AG
- Viaspace Inc.,Antig Technology Co. Ltd.
- Bren-Tronics Incorporated
- Treadstone Technologies Inc.
- Viaspace Inc.
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
For more information about this report visit https://www.researchandmarkets.com/research/wlb84m/global?w=4