Jun 23, 2017   SOURCE: BusinessWire

Global Fuel Cells Market For Industrial & Military Applications to Grow at a CAGR of 14% by 2021 - Key Vendors are Ballard Power, Systems Bloom Energy, Nuvera & SFC Energy - Research and Markets

Research and Markets has announced the addition of the "Global Fuel Cells Market For Industrial and Military Applications 2017-2021" report to their offering.

The global fuel cells market for industrial and military applications to grow at a CAGR of 14.05% during the period 2017-2021.

The report, Global Fuel Cells Market for Industrial and Military Applications 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.

According to the report, one driver in market is growing demand for efficient and cleaner technologies. Manufacturing facilities require constant power to have a continuous process for efficient operation of the plant. This has resulted in facility managers to use fossil fuel generators as backup in the event of an outage.

However, the growing demand for electricity, as well as the awareness about using cleaner energy forms, is driving the market for alternate technology sources such as fuel cells. Climate change mitigation techniques involve the use of cleaner fuels to produce electricity. Fuel cells are regarded as an efficient and reliable technology that can generate power and supply heat where necessary. Fuel cells are scalable in nature, their capacity can range from kilowatts to megawatts, allowing them to be used for backup in facilities such as manufacturing plants, warehouses, and primary power in off-grid networks to supply power.

Key vendors

  • Ballard Power Systems
  • Bloom Energy
  • NUVERA FUEL CELLS
  • SFC Energy

Other prominent vendors

  • ACAL Energy
  • Acumentrics
  • Altergy
  • SOLIDpower
  • Ceres Power
  • Delphi Automotive
  • Doosan Fuel Cell
  • Electrochem
  • EnergyOr Technologies

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: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Key vendor analysis

PART 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/2qstrw/global_fuel_cells