Thursday, May 13, 2010

Fuel Cell Industry Analysis

RNCOS has recently added a new Market Research Report titled "Fuel Cell Industry Analysis" to its report gallery. The global fuel cell market has seen outstanding growth and expansion both in terms of shipments and installations of fuel cell powered products. Growth in adoption of fuel cell technologies worldwide is being run by the possibility of fuel cells to enhance national energy security of countries that are heavily dependent on imported petroleum products. As a result, fuel cell technology to continuously been garnering great support and interest from around the world. Moreover, the positive effects of this technology on air quality, radically different in nature from existing energy sources and vast market potential have together made it an attractive technology.

According to our latest research report "Fuel Cell Industry Analysis", the market for fuel cells a prosperous future ahead, and are expected to experience wide acceptance in the coming times. The fuel cell cumulative shipments reaching around 75,000 units by the end of 2009. The figure is expected to grow at a CAGR of over 75% in 2010-2012. Various factors will continue to strengthen growth in fuel cell development in the world has been thoroughly discussed in the report.

The report studies the global fuel cell market by segmenting it into - Molten Carbonate fuel Cells (MCFC), Proton Exchange Membrane fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC) and Direct Methanol Fuel Cells (DMFC). The in-depth research to identify fast-growing trends in fuel cell installations and adoptions across different applications. The report has broadly categorized fuel cell applications for portable, transportation and stationary applications.

But the applicability of fuel cell type varies according to different application areas. For example, we found that the PEMFC and DMFC are used primarily for portable applications, while the MCFC and SOFC are widely used for stationary applications. Each of these applications and their respective fuel cell usage has been thoroughly explained in the report. Besides this our report expects the notebook segment to emerge as the main energy source for fuel cell deployment in the forecast period (2010-2012), and that it will constitute a significant proportion of the total fuel shipments in 2012.

The report provides an overview of the fuel cell industry worldwide emphasis on the developments taking place in different countries. Besides this, our report gives rational analysis of the major car companies in the world, highlighting their strengths and weaknesses.

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