Global Fuel Cells for Marine Vessels Market 2017-2021

  • ID: 4420462
  • Report
  • Region: Global
  • 62 pages
  • TechNavio
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FEATURED COMPANIES

  • Dynad International
  • Fiskerstrand Verft
  • MEYER WERFT
  • Nuvera Fuel Cells
  • PowerCell Sweden
  • Serenergy
  • MORE
About Fuel Cells for Marine Vessels

Fuel cells are flexible in nature, and they can be used as a single cell or in stacks. As a result, the power produced can be channelized throughout a ship, without an increase in the consumption of fuel. Fuel cells are used in marine vessels to power the main propulsion system partially or fully, as well as cater to the onboard energy consumption requirements. The market is still in its nascent stage and companies are investing in the technology development to produce propulsion systems with low carbon emission in response to stringent regulatory policies.

The analysts forecast the global fuel cells for marine vessels market to grow at a CAGR of 3.73% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global fuel cells for marine vessels market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Fuel Cells for Marine Vessels Market 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.

Key vendors
  • Dynad International
  • PowerCell Sweden
  • Serenergy
  • Toshiba
Other prominent vendors
  • Fiskerstrand Verft
  • MEYER WERFT
  • Nuvera Fuel Cells
  • WATT Fuel Cell
Market drivers
  • Demand for alternate propulsion systems
  • For a full, detailed list, view the full report
Market challenges
  • Issues in designs of propulsion systems
  • For a full, detailed list, view the full report
Market trends
  • Evolution of hydrogen as a marine fuel
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 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?
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FEATURED COMPANIES

  • Dynad International
  • Fiskerstrand Verft
  • MEYER WERFT
  • Nuvera Fuel Cells
  • PowerCell Sweden
  • Serenergy
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by technology
  • Market segmentation by technology
  • Global PEMFC for marine vessels market
  • Global SOFC for marine vessels market
  • Global other fuel cells for marine vessels market
PART 07: Geographical segmentation
  • Market segmentation by geography
  • Fuel cells for marine vessels market in Americas
  • Fuel cells for marine vessels market in APAC
  • Fuel cells for marine vessels market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Evolution of hydrogen as a marine fuel
  • Adoption of AIP technology
  • Emergence of hybrid propulsion systems
PART 11: Vendor landscape
  • Competitive scenario
  • List of vendors in global fuel cells for marine vessels market
  • Dynad International
  • PowerCell Sweden
  • Serenergy
  • Toshiba
  • Other prominent vendors
PART 12: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: List of projects with fuel cell technology
Exhibit 02: Global fuel cells for marine vessels market: Overview
Exhibit 03: Global fuel cells for marine vessels market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Segmentation of global fuel cells for marine vessels market by technology 2016 and 2021 (% share)
Exhibit 06: Segmentation of global fuel cells for marine vessels market by technology 2016-2021 ($ millions)
Exhibit 07: Global PEMFC for marine vessels market 2016-2021 ($ millions)
Exhibit 08: Global SOFC for marine vessels market 2016-2021 ($ millions)
Exhibit 09: Global other fuel cells for marine vessels market 2016-2021 ($ millions)
Exhibit 10: Global fuel cells for marine vessels market segmentation by geography 2016 and 2021 (% share)
Exhibit 11: Global fuel cells for marine vessels market segmentation by geography 2016-2021 ($ millions)
Exhibit 12: Fuel cells for marine vessels market in Americas 2016-2021 ($ millions)
Exhibit 13: Fuel cells for marine vessels market in APAC 2016-2021 ($ millions)
Exhibit 14: Fuel cells for marine vessels market in EMEA 2016-2021 ($ millions)
Exhibit 15: Advantages of electric propulsion systems
Exhibit 16: List of vendors in global fuel cells for marine vessels market
Exhibit 17: Advantages of Hydromax 150
Exhibit 18: PowerCell Sweden: Product portfolio
Exhibit 19: Serenergy: Product portfolio
Exhibit 20: Toshiba: Business segmentation by revenue 2016 (%)
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FEATURED COMPANIES

  • Dynad International
  • Fiskerstrand Verft
  • MEYER WERFT
  • Nuvera Fuel Cells
  • PowerCell Sweden
  • Serenergy
  • MORE
New Report Released: – Global Fuel Cells for Marine Vessels Market 2017-2021

The author of the report recognizes the following companies as the key players in the global fuel cells for marine vessels market: Dynad International, PowerCell Sweden, Serenergy, and Toshiba.

Other Prominent Vendors in the market are: Fiskerstrand Verft, MEYER WERFT, Nuvera Fuel Cells, and WATT Fuel Cell.

Commenting on the report, an analyst from the research team said: “One trend in the market is evolution of hydrogen as a marine fuel. With stringent regulatory pressures from governments and increase in bunker fuel oil prices, the global marine transportation industry is shifting toward fuels such as low sulfur fuel oil (LSFO, which releases negligible sulfur oxide emissions) and hydrogen fuel (which has zero emissions owing to the production of water on burning).”

According to the report, one driver in the market is demand for alternate propulsion systems. The marine propulsion systems market has been steadily evolving over the years. Conventional systems are typically based on diesel engines and gas turbines that convert the chemical energy of the fuel into mechanical energy. Though such systems are still prominent, a shift toward alternative propulsion systems has been observed in recent years. Diesel and gas are non-renewable resources of energy that are scarce and are subject to price fluctuations. Additionally, they release harmful gases on combustion, and the operation of diesel engines generate considerable noise and vibration.

Further, the report states that one challenge in the market is issues in designs of propulsion systems. Proper designing and engineering of propulsion systems are often challenged by technical problems in combustion systems, generator, battery, and electric motor in terms of factors such as weight, charge rate, battery life, and size. The development of propulsion system of marine vessels considers multiple aspects such as power, drivability, emissions, infrastructure support, cost, and energy efficiency. As the energy required by marine vessels is immense, it is extremely difficult to drive an entire ship only on renewable propulsion systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Dynad International
  • PowerCell Sweden
  • Serenergy
  • Toshiba
  • Fiskerstrand Verft
  • MEYER WERFT
  • Nuvera Fuel Cells
  • WATT Fuel Cell
Note: Product cover images may vary from those shown
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