DUBLIN--(BUSINESS WIRE)--The "Global Fuel Cells Market for Automotive Industry 2017-2021" report has been added to Research and Markets' offering.
The report forecasts the global fuel cells market for automotive industry to grow at a CAGR of 9.04% during the period 2017-2021.
The report, Global Fuel Cells Market for Automotive Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the reduction in the cost of fuel cell system. Technology developments have allowed the developments of new techniques, which have reduced the price of fuel cells. Fuel cell manufacturers are bringing down the cost of production with the reduction in the amount of platinum used in fuel cells. This has resulted in a cost reduction of up to 30% since 2008.
According to the report, one of the major drivers for this market is the increased demand for efficient and cleaner fuel. The transport sector accounts for about a quarter of the energy-related greenhouse gas (GHG) emissions. Since the proportion of GHG emission from the transport sector is considerable, auto regulators worldwide are setting emission targets in an effort to bring down emission levels. The polluting tailpipe emission can be broken down into hydrocarbons, nitrogen oxides (NOx), carbon monoxide, sulfur oxide (SOx), and particle matter (PM). Regulations and policies are put into effect in different regions of the world, but the overall message is clear that the automotive industry needs to drastically limit the amount of emissions it produces.
Key vendors
- Ballard Power Systems
- Hydrogenics
- Nuvera Fuel Cells
- Oorja Fuel Cells
-
Plug Power
Other prominent vendors
- Acumentrics
- AFC Energy
- Air Products and Chemicals
- Automotive Fuel Cell
- Cellkraft
- Delphi Automotive
- EnergyOR Technologies
- H2 Logic A/S
- Intelligent Energy
- NEL
- Proton Motor Fuel Cell
- Symbio FCell
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/kqdj9q/global_fuel_cells
