PEMFC Market Growth Forecast at 26% CAGR to 2019 in Global Fuel Cell Technology Market Research Reports

May 21, 2015, 04:30 ET from ReportsnReports

DALLAS, May 21, 2015 /PRNewswire/ --

Global PEMFC Market (Proton Exchange Membrane Fuel Cells) 2015-2019 research report analyses the solutions and products offered by PEMFC market vendors and presents a comprehensive breakdown on the basis of application, which includes stationary and portable technology, as well as the transportation segment.

Complete report on PEMFC market spread across 96 pages, providing analysis of 5 major companies supported with 36 exhibits is now available at .

This proton electrode membrane fuel cell (PEMFC) market report on global analysis and forecasts says huge amounts are being spent on R&D on PEMFCs. Many universities and governmental organizations are engaged in this research and in demonstration projects of such new technologies. PEMFC are devices that generate electricity through an electrochemical process involving oxidation of electrolytes placed between the anode and the cathode. Fuel cells are generally categorized based on the type of electrolyte used. PEMFC use an acidic water-based polymer membrane with platinum-based electrodes. It operates at low temperatures and caters effectively to dynamic power requirements. The chemical source of PEMFC, which is hydrogen, needs to be extremely pure because of its operating temperature and use of precious metal-based electrodes. PEMFC is a fuel-cell technology that is used extensively in light duty and material handling vehicles.

Analysts forecast global PEMFC market to grow at a CAGR of 26.67% in terms of unit shipment and at 19.74% in terms of MW shipment over the period 2014-2019. In addition, the report presents the vendor landscape and a corresponding detailed analysis of the five major vendors in the global PEMFC market. It also discusses the key drivers influencing market growth, and examines the challenges faced by vendors and the market as a whole.

Companies mentioned in this 2015 PEMFC market report include Ballard Power Systems, Fuelcell Energy, Hydrogenics, Plug Power, Protonex, Altergy Systems, ElectroChem, FKK, Horizon Fuel Cell Technologies, Johnson Matthey Fuel Cells, Microgrid Solar, Nedstack PEM Fuel Cells, Nuvera Fuel Cells, Oorja Protonics, Relion, SerEnergy, Shanghai EverPower Technologies, Sunrise Power and Toho Gas. Order a copy of Global PEMFC (Proton Exchange Membrane Fuel Cells) Market 2015-2019 research report at .

Abundant energy sources and emerging applications as well as development of hydrogen infrastructure are major PEMFC market growth drivers discussed in this research. Trends of increased investment in R&D and reduction in PEMFC prices have been covered. Also mentioned are challenges for the PEMFC market like functional issues and governmental budget cuts. Questions on the PEMFC market like what will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? are answered in this research.

Another research on the broad level Fuel Cell Technology Market  by Type (PEMFC, MCFC, SOFC, DMFC, PAFC, OTHERS), by Application (Stationary, Portable, Transportation) and Geography - Global Trends and Forecasts Till 2019 defines and segments the global fuel cell market along with analyzing and forecasting the global market size in terms of value ($million). The market is segmented and estimated on the basis of major regions such as North America, Europe, Asia, and Rest of World. The increase in demand for clean source of energy, decreasing carbon emissions, and continuous depletion of existing oil reserves thus, contributing to the huge potential market for fuel cell technologies.

The premium insights section of this report covers information on points like Attractive Market Opportunities in Fuel Cell Technology, Top Three Fuel Cell Types: PEMFC, SOFC, MCFC, Asia-Pacific Dominating the Global Market, Current Market and Growth Analysis, Fuel Cell Market Share in Terms of Capacity, Units Shipped & Value as well as Stationary Fuel Cells Expected to Dominate Globally. Companies profiled in this research include AFC Energy, Aisin Seiki Co. Ltd., Ballard Power Systems Inc., Bloom Energy, Ceramic Fuel Cells Limited, Ceres Power Holdings PLC, Doosan Corporation, Fuelcell Energy, Horizon Fuel Cell Technologies, Hydrogenics Corporation, Kyocera, Panasonic Corporation, Plug Power Inc. and Toshiba Corporation. Order a copy of this fuel cell technology market report at .

On the same lines, a newly published research on Fuel Cell Market in North America 2015-2019 forecasts North American fuel cell market to grow at a CAGR of 33.14% in terms of unit shipment and at 38.59% in terms of MW shipment over the period 2014-2019. Companies like Ballard Power Systems, Bloom Energy, Doosan Fuel Cell, Fuelcell Energy, Hydrogenics, Acumentrics SOFC, Altergy Systems, CSA Group, DDI Energy, Delphi Automotive Systems, ElectroChem, Nuvera Fuel Cells, Oorja Protonics, Plug Power, Protonex Technology and Relion are mentioned in this research available at .

Explore more reports on the fuel cell market and overall energy and power industry at .


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