Global Fuel Cell Market Outlook (2017-2026): Expected to Grow at a CAGR of 18.9% During the Forecast Period - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Fuel Cell - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Fuel Cell market accounted for $3,512.25 million in 2017 and is expected to reach $16,672.63 million by 2026 growing at a CAGR of 18.9%.

Some of the key factors influencing the market growth include rising demand for unconventional energy sources, growing demand for space heating across residential and commercial establishments, rising demand for backup power source in off-grid areas, increasing demand for portable devices. However, high price of the catalyst, which raises the price of fuel cell and lack of fuel cell infrastructure are restraining the market growth.

Amongst application, stationary application segment is set to witness strong growth owing to increasing demand for space heating demand across homes, offices, and other commercial establishments. Increasing product penetration as a backup power source in hospitals, telecommunication base stations, data centers, tetra networks, schools and hotels will further augment the fuel cell market growth.

By Geography, Asia Pacific is expected to account for the largest market share during the forecast period as the market in this is probable to grow at a rapid pace. Enlarge in speculation of fuel cell devices and advances in technology are the two main factors that will drive the market growth in this region.

Key Topics Covered

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.5 Research Sources

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 Product Analysis

3.8 Emerging Markets

3.9 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Fuel Cell Market, By Application

5.1 Introduction

5.2 Portable

5.3 Stationary

5.4 Transportation

5.5 Other Applications

6 Global Fuel Cell Market, By Product

6.1 Introduction

6.2 Low-Temperature Fuel Cells (LTFC)

6.3 High-Temperature Fuel Cells (HTFC)

6.4 Other Products

7 Global Fuel Cell Market, By Geography

7.1 Introduction

7.2 North America

7.3 Europe

7.4 Asia Pacific

7.5 South America

7.6 Middle East & Africa

8 Key Developments

8.1 Agreements, Partnerships, Collaborations and Joint Ventures

8.2 Acquisitions & Mergers

8.3 New Product Launch

8.4 Expansions

8.5 Other Key Strategies

9 Company Profiling

9.1 Panasonic

9.2 Toshiba

9.3 Ballard Power Systems

9.4 Hydrogenics Corporation

9.5 Horizon Fuel Cell Technologies

9.6 FuelCell Energy Inc.

9.7 Doosan Fuel Cell America

9.8 Aisin Seiki Co. Ltd.

9.9 Nuvera Fuel Cells

9.10 SFC Group

9.11 Ceramic Fuel Cells Ltd.

9.12 Bloom Energy

9.13 Plug Power

9.14 Nedstack Fuel Cell Technology B.V.

9.15 UTC Power Corporation

9.16 Arcola Energy

For more information about this report visit https://www.researchandmarkets.com/research/xrv3tg/global_fuel_cell?w=4