The Global Fuel Cells Market: Key Trends and Growth Opportunities up to 2015

Global Markets Direct, January 2010, Pages: 78

The Global Fuel Cells Market: Growth Opportunities and Key Trends up to 2015 provides an in-depth analysis of the global fuel cells market and gives growth projections up to 2015. The research analyzes key trends, major issues and growth opportunities in the global fuel cells market. Elaborate profiling of major market participants along with detailed analysis of the competitive scenario provides a comprehensive understanding of the global fuel cells market.

Scope

The report provides detailed market opportunities and challenges for present and potential bioethanol market players in the world.

- The report covers detailed qualitative analysis of the market scenario and analysis of the key countries such as the US, the UK, Germany, Japan, and Korea

- The report provides technology definition, types of fuel cells, their applications and benefits

- The report covers detail global market share analysis in addition to the market share analysis on the basis of fuel cell type, transportation sector, power range of fuel cells, and countries

- The report provides analysis of the investments taking place in the fuel cell market

- The report details historical statistics for fuel cell installations from 2001 to 2008

Reasons to buy

- Identify key growth and investment opportunities in the global fuel cells market

- Position yourself to gain the maximum advantage of the market’s growth potential

- Understand and respond to your competitors’ business structure, strategy and prospects

- Facilitate decision-making based on strong historic and forecast data, deal analysis and recent developments

1 TOC
1.1 List of Tables
1.2 List of Figures

2 Global Fuel Cell Market Analysis
2.1 Global Fuel Cell Market, Technology Analysis
2.1.1 What is a Fuel Cell?
2.1.2 Types of Fuel Cells
2.1.3 Applications of Fuel Cells
2.1.4 Benefits of the Technology
2.2 Global Fuel Cell Market, Market Analysis
2.2.1 Market Overview
2.2.2 Distribution Channel
2.2.3 Purchase Criteria for End-users
2.2.4 Fuel Cell Installations
2.2.5 Production Value and Revenues, 2007-2008
2.2.6 Market Drivers
2.2.7 Market Restraints and Challenges
2.2.8 Push and Pull Factors Affecting the Market

3 Global Fuel Cell Market, Market Share Analysis
3.1 Global Fuel Cell Market, Global Market Share Analysis
3.2 Global Fuel Cell Market, Market Share Analysis by Fuel Cell Type
3.3 Market Share Analysis in Transportation Sector
3.3.1 Market Share Analysis, Light Duty Vehicles
3.3.2 Market Share Analysis, Fuel Cell Buses
3.4 Global Fuel Cell Market, Market Share Analysis by Power Range
3.4.1 Global Fuel Cell Market, Market Share Analysis for fuel cells in power range less than 1 kW
3.4.2 Global Fuel Cell Market, Market Share Analysis for fuel cells in power range 1kW- 5kW
3.4.3 Global Fuel Cell Market, Market Share Analysis for fuel cells in power range 5kW- 250kW
3.4.4 Global Fuel Cell Market, Market Share Analysis for fuel cells in power range 250kW- 1MW
3.4.5 Global Fuel Cell Market, Market Share Analysis for fuel cells in power range greater than 1MW
3.5 Global Fuel Cell Market, Market Share Analysis by Countries
3.5.1 The US Fuel Cell Market, Manufacturers Share
3.5.2 The UK Fuel Cell Market, Manufacturers Share
3.5.3 Japan Fuel Cell Market, Manufacturers Share
3.5.4 Germany Fuel Cell Market, Manufacturers Share
4 Global Fuel Cell Market, Investments Analysis
4.1 Historical Investment Trend
4.2 Top 10 Investments

5 Global Fuel Cell Market, Key Country Analysis
5.1 Key Country Analysis – The US
5.1.1 The US Fuel Cell Market, Overview
5.1.2 Fuel Cell Installations
5.2 Key Country Analysis – The UK
5.2.1 The UK Fuel Cell Market, Overview
5.2.2 Fuel Cell Installations
5.3 Key Country Analysis – Germany
5.3.1 Fuel Cell Installations
5.4 Key Country Analysis – Japan
5.4.1 Japan Fuel Cell Market, Overview
5.4.2 Fuel Cell Installations
5.5 Key Country Analysis – Korea

6 UTC Power, Company Snapshot
6.1 Key Information
6.2 Company Overview
6.3 Competitors
6.4 Locations And Subsidiaries
6.4.1 Head Office

7 Plug Power Inc., Company Snapshot
7.1 Key Information
7.2 Company Overview
7.3 Competitors
7.4 Locations And Subsidiaries
7.4.1 Head Office
7.4.2 Other Locations & Subsidiaries

8 Ballard Power Systems Inc., Company Snapshot
8.1 Key Information
8.2 Company Overview
8.3 Competitors
8.4 Locations And Subsidiaries
8.4.1 Head Office
8.4.2 Other Locations & Subsidiaries

9 FuelCell Energy, Inc., Company Snapshot
9.1 Key Information
9.2 Company Overview
9.3 Competitors
9.4 Locations And Subsidiaries
9.4.1 Head Office
9.4.2 Other Locations & Subsidiaries

10 ReliOn Inc., Company Snapshot
10.1 Key Information
10.2 Company Overview
10.3 Competitors
10.4 Locations And Subsidiaries
10.4.1 Head Office

11 Appendix
11.1 Abbreviations
11.2 Methodology
11.2.1 Coverage
11.2.2 Secondary Research
11.2.3 Primary Research
11.2.4 Expert Panel Validation
11.3 Contact Us
11.4 Disclaimer

List of Tables:

Table 1: Global Fuel Cells Market, Annual Installations (Number of Units Installed) 1980s-2009
Table 2: Global Fuel Cells Market, Cumulative Installations (Number of Units Installed) 1980s-2009
Table 3: Global Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Table 4: Global Stationary Fuel Cells Market, Cumulative Installed Capacity Split by End-user Segments (%) 2008
Table 5: Global Stationary Fuel Cells Market, Cumulative Installed Capacity Split by End-user Application (%) 2008
Table 6: Global Stationary Fuel Cells Market, Cumulative Installed Capacity Split by Fuel Type (%) 1980s-2008
Table 7: Global Fuel Cells Market, Production Value and Revenues ($m) 2007-2008
Table 8: Global Fuel Cells Market, Number of Hydrogen Fueling Stations by Country
Table 9: Global Fuel Cells Market, Manufacturers Share (%) 2009
Table 10: Global Fuel Cells Market, Share of Fuel Cell Type (%) 2009
Table 11: Global Fuel Cells Market, Market Share Analysis for Manufacturers of Fuel Cell Light Duty Vehicles (%) 2009
Table 12: Global Fuel Cells Market, Market Share Analysis for Manufacturers of Fuel Cell Light Duty Vehicles (%) 2009
Table 13: Global Fuel Cells Market, Market Share Analysis for Manufacturers of Fuel Cell Buses (%) 2009
Table 14: Global Fuel Cells Market, Market Share Analysis for Fuel Cell Manufacturers for Buses (%) 2009
Table 15: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range Less Than 1 kW (%), 2009
Table 16: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range 1kW- 5kW (%) 2009
Table 17: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range 5kW- 250kW (%) 2009
Table 18: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range 250 kW-1 MW (%) 2009
Table 19: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range Greater Than 1MW (%) 2009
Table 20: The US Fuel Cell Market, Manufacturers share (%) 2009
Table 21: The US Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – MCFC (%) 2009
Table 22: The US Fuel Cell Market, Manufacturers Share by Fuel Cell Type – PAFC (%) 2009
Table 23: The US Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PEM (%) 2009
Table 24: The US Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – SOFC (%) 2009
Table 25: The UK Fuel Cell Market, Manufacturers’ Shares (%) 2009
Table 26: The UK Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PEM (%) 2009
Table 27: Japan Fuel Cell Market, Manufacturers’ Shares (%) 2009
Table 28: Japan Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PEM (%) 2009
Table 29: Japan Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PAFC (%) 2009
Table 30: Germany Fuel Cell Market, Manufacturers’ Shares (%) 2009
Table 31: Germany Fuel Cell Market, Manufacturers Share by Fuel Cell Type – PEM (%) 2009
Table 32: Global Fuel Cells Market, Financing or Equity Investment (Million $) 2002-2009
Table 33: Global Fuel Cells Market, Top 10 Financing or Equity Investments, 2002-2009
Table 34: The US Fuel Cells Market, Fuel Cell Stimulus Plan (Million $)
Table 35: The US Fuel Cells Market, State Level Fuel Cell Market Transformation Projects
Table 36: The US Fuel Cells Market, Annual Installations (Number of Units Installed) 1980s-2009
Table 37: The US Fuel Cells Market, Cumulative Installations (Number of Units Installed) 1980s-2009
Table 38: The US Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Table 39: The UK Fuel Cells Market, Cumulative Installations (Number of Units Installed) 2002-2009
Table 40: The UK Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Table 41: Germany Fuel Cells Market, Annual Installations (Number of Units Installed) 1990s-2009
Table 42: Germany Fuel Cells Market, Cumulative Installations (Number of Units Installed) 1980s-2009
Table 43: Germany Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Table 44: Japan Fuel Cells Market, Cumulative Installations (Number of Units Installed) 1980s-2009
Table 45: Japan Fuel Cells Market, Cumulative Installations (Number of Units Installed) 2002-2009
Table 46: Japan Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Table 47: UTC Power, Key Facts
Table 48: Plug Power Inc., Key Facts
Table 49: Plug Power Inc., Other Locations
Table 50: Plug Power Inc., Subsidiaries
Table 51: Ballard Power Systems Inc., Key Facts
Table 52: Ballard Power Systems Inc., Other Locations
Table 53: Ballard Power Systems Inc., Subsidiaries
Table 54: FuelCell Energy, Inc., Key Facts
Table 55: FuelCell Energy, Inc., Other Locations
Table 56: ReliOn, Inc., Key Facts
Table 57: ReliOn, Inc., Other Locations
Table 58: Abbreviations ( in alphabetical order )

List of Figures:

Figure 1: Global Fuel Cell Market, Electricity Generation Process
Figure 2: Global Stationary Fuel Cells Market, Distribution Channel, 2009
Figure 3: Global Stationary Fuel Cells Market, Purchase Criteria, 2009
Figure 4: Global Fuel Cells Market, Annual Installations (Number of Units Installed) 1980s-2009
Figure 5: Global Fuel Cells Market, Cumulative Installations (Number of Units Installed) 2001-2009
Figure 6: Global Fuel Cells Market, Growth in Number of Fuel Cell Units Installed, 2015F
Figure 7: Global Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Figure 8: Global Stationary Fuel Cells Market, Cumulative Installed Capacity Split by End-user Segments (%) 2008
Figure 9: Global Stationary Fuel Cells Market, Cumulative Installed Capacity Split by End-user Application (%) 2008
Figure 10:Global Stationary Fuel Cells Market, Cumulative Installed Capacity Split by Fuel Type (%) 1980s-2008
Figure 11: Global Fuel Cells Market, Production Value and Revenues (Million $) 2007-2008
Figure 12: Global Stationary Fuel Cells Market, Push-Pull Forces, 2009
Figure 13: Global Fuel Cells Market, Manufacturers Share by Number of Units Installed (%) 2009
Figure 14: Global Fuel Cells Market, Share by Fuel Cell Type (%) 2009
Figure 15: Global Fuel Cells Market, Market Share Analysis for Manufacturers of Fuel Cell Light Duty Vehicles (%) 2009
Figure 16: Global Fuel Cells Market, Market Share Analysis for Fuel Cell Manufacturers for Light Duty Vehicles (%) 2009
Figure 17: Global Fuel Cells Market, Market Share Analysis for Manufacturers of Fuel Cell Buses (%) 2009
Figure 18: Global Fuel Cells Market, Market Share Analysis for Fuel Cell Manufacturers for Buses (%) 2009
Figure 19: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range Less Than 1 kW (%) 2009
Figure 20: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range 1kW- 5kW (%) 2009
Figure 21: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range 5 kW-250 kW (%) 2009
Figure 22: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range 250 kW- 1 MW (%) 2009
Figure 23: Global Fuel Cell Market, Market Share Analysis for Fuel Cells in Power Range Greater Than 1 MW (%) 2009
Figure 24: The US Fuel Cell Market, Manufacturers’ Shares (%) 2009
Figure 25: The US Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – MCFC (%) 2009
Figure 26: The US Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PAFC (%) 2009
Figure 27:The US Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PEM (%) 2009
Figure 28:The US Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – SOFC (%) 2009
Figure 29: The UK Fuel Cell Market, Manufacturers’ Shares (%) 2009
Figure 30:The UK Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PEM (%) 2009
Figure 31: Japan Fuel Cell Market, Manufacturers’ Shares (%) 2009
Figure 32: Japan Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PEM (%) 2009
Figure 33: Japan Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PAFC (%) 2009
Figure 34: Germany Fuel Cell Market, Manufacturers’ Shares (%) 2009
Figure 35: Germany Fuel Cell Market, Manufacturers’ Shares by Fuel Cell Type – PEM (%) 2009
Figure 36: Global Fuel Cells Market, Financing or Equity Investment (Million $) 2002-2009
Figure 37: The US Fuel Cells Market, Annual Installations (Number of Units Installed) 1980s-2009
Figure 38: The US Fuel Cells Market, Cumulative Installations (Number of Units Installed) 1980s-2009
Figure 39: The US Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Figure 40: The UK Fuel Cells Market, Cumulative Installations (Number of Units Installed) 2002-2009
Figure 41: The UK Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Figure 42: Germany Fuel Cells Market, National Innovation Program
Figure 43: Germany Fuel Cells Market, The H2 Mobility Scheme, 2009
Figure 44: Germany Fuel Cells Market, Annual Installations (Number of Units Installed) 1990s-2009
Figure 45: Germany Fuel Cells Market, Cumulative Installations (Number of Units Installed) 1980s-2009
Figure 46: Germany Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Figure 47: Japan Fuel Cells Market, Cumulative Installations (Number of Units Installed) 1980s-2009
Figure 48: Japan Fuel Cells Market, Cumulative Installations (Number of Units Installed) 2002-2009
Figure 49: Japan Fuel Cells Market, Cumulative Installations by Fuel Cell Type (%) 2009
Figure 50: Germany Fuel Cells Market, The H2 Mobility Scheme, 2009
Figure 51: Global Markets Direct Methodology

“The Global Fuel Cells Market: Key Trends and Growth Opportunities up to 2015”, gives an in-depth analysis of Global fuel cells market and provides growth opportunities up to 2015. The research analyzes the growth and evolution of the Global fuel cells market up to 2008 and gives historical statistics for 2001-2008. This research analyzes the market scenarios for this technology and regulatory policies that govern them. This coupled with elaborate country profiles of key market give a comprehensive understanding of the market scenario.

Fuel Cells Market is Expected to Commercialize by 2013-2015

Demand for non-toxic-substance-based energy storage is expected to accelerate the demand for stationary fuel cells in the coming decade. Technological advancements and an increase in sales are expected to bring the cost of fuel cells down. As a result, the technology is expected to become commercialized by 2013-2015. Commercialization of the market will lead to rise in number of fuel cell installations in 2015 which are expected to exceed hundreds of thousands units.

Fuel Cells Market is in its Nascent Stage of Development

Despite the various advantages of the technology, the fuel cell market is yet to be a part of the mainstream market mainly due to its high cost and lower durability in comparison to grid power. Since the market is in its development phase the fuel cell industry has large number of manufacturers. This is primarily because most of the technological developments are taking place in universities or government laboratories which further spin out as new business units and seek private equity and venture funding from established corporations.

Integration of Nanotechnology Will Enhance Fuel Cells Market Potential

Nanotechnology is providing increased durability to fuel cells and is making its costs competitive with traditional sources of power generation. In 2008, more than 2,100 organizations engaged in the development of nanotechnology for fuel cells and hydrogen energy, spent more than $4.7 billion on this research. Fuel cell technology development coupled with integration of nanotechnology will provide the fuel cell market with greater reliability, durability, and power, at a lower cost along with the advantages of lower emissions and fuel saving.

Price of Fuel Cell Installations is Expected to Go Down in the Future

The price of fuel cells is expected to decrease in the near future as production increases in response to the government support in terms of subsidies and coordinated R&D, coupled with technological development in making fuel cell manufacturing more profitable. The mass production of fuel cell vehicles is not expected to gather momentum before 2015 although many producers will manufacture about 100 vehicles per year for fleet demonstration. This delay in mass production of fuel cells is mainly due to the lack of appropriate infrastructure to support the development. Though various countries are taking steps towards the development of hydrogen fueling stations inadequate infrastructure will push further commercialization of fuel cell market till 2015. Even with this hurdle the fuel cell installations costs will come down because of the technological developments and government support mechanisms.

Environmental Concerns Are Driving the Fuel Cells Market

Fuel cells are an emission free power sources used for vehicles, potable devices, and residential, commercial, and industrial purposes. Lead-acid batteries, traditionally used for energy storage contain toxic waste such as lead, which need to be effectively disposed of at the end of the life of a system. The growing need to curb toxic wastes therefore drives interest into alternate energy solutions such as fuel cells due to their emission-free nature. The rising energy demand boosts the need for clean sources of power generation which in turn gives way to fast paced development of the fuel cells market.

Lack of Infrastructure is Hampering Market Development

The global market for power supply systems does not have the adequate infrastructure required to transport, distribute, and store fuel cell systems and the fuels used in them. As a result, the fuel cells market is unable to cater effectively to the growth in demand for systems. Fuel cell vehicle manufacturers also anticipate infrastructure as the primary bottleneck in the development of technology. Hydrogen fuelling stations are slow to develop and are also expensive which adds to the challenges for the technology.

Investments Are Pooling in for Fuel Cell Development

Global fuel cell industry is attracting a large pool of investments primarily due to the huge demand potential the industry possesses. Since the fuel cell technology is being promoted by the governments across the globe in form of subsidies, financial incentives, and tax benefits, more and more investors are putting in money in the sector. During 2002 to 2009 the fuel cells market has attracted the investment of more than $663m in the form of equity financing, private placement, private equity, venture financing, and so on. Investments peaked in 2004 when the industry received investments of about $170.3m which resulted in an increased number of installations coming online in 2005. The investments decline during 2008 and 2009 as a result of economic crisis but it is expected that the fuel cells market will attract more investors once the economy recovers.

The US Fuel Cell Market is Growing Rapidly, While Korea is the Key Emerging Market for Fuel Cell Technology

The US fuel cell market is growing at a rapid pace with the total number of fuel cells installed by the end of 2009 standing at 620 units. The main driver of this growth is the government support that the industry received as a part of the US government’s effort to promote the development of clean sources of energy generation. Programs such as the Energy Policy Act of 2005, Investment Tax Credit, and various state-level fuel cell market transformation projects will further drive the US fuel cell market. The Korean fuel cell market is in a nascent stage and is expected to witness rapid growth in the near future as a result of government supported policies. Korea has about nine fuel cell units installed in various regions. The major driver behind the future development of the hydrogen and fuel cell industry in Korea is the country’s need to achieve energy security.

- UTC Power
- Plug Power Inc.
- Ballard Power Systems Inc.
- FuelCell Energy, Inc.
- ReliOn Inc.

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