Global Regenerative Fuel Cells Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
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.
Companies Mentioned
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Samsung SDI
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Fujikura Limited
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Ballard Power Systems Inc.
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Oorja Protonics Inc.
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Horizon Fuel Cell Technologies
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Meoh Power Inc.
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SFC Energy AG
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Viaspace Inc.,Antig Technology Co. Ltd.
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Bren-Tronics Incorporated
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Treadstone Technologies Inc.
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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
10. Disclaimer
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180528005058/en/
Copyright Business Wire 2018
Source: Business Wire
(May 28, 2018 - 4:30 AM EDT)
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