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The fuel cells market for industrial and military applications is forecasted to grow by USD 1,166.49 mn during 2023-2028, accelerating at a CAGR of 14.11% during the forecast period. The report on the fuel cells market for industrial and military applications provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for efficient and cleaner technologies, rising applications of fuel cell products, and growing demand for fuel cells from military applications.
The fuel cells market for industrial and military applications is segmented as below:
By End-user
- Industrial
- Military
By Product
- PEMFC
- PAFC
- SOFC
- Others
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the fuel cells market for industrial and military applications covers the following areas:
- Fuel cells market for industrial and military applications sizing
- Fuel cells market for industrial and military applications forecast
- Fuel cells market for industrial and military applications industry analysis
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Fuel Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Exhibits:
Executive Summary
The publisher recognizes the following companies as the key players in the global fuel cells market for industrial and military applications: Acumentrics Inc., Advent Technologies Holdings Inc., Air Liquide SA, AISIN CORP., Altergy Systems, Australian Fuel Cells Pty Ltd., Ballard Power Systems Inc., Bloom Energy Corp., Doosan Corp., Elevator World LLC, FuelCell Energy Inc., GenCell Ltd., Hyster Yale Materials Handling Inc., Intelligent Energy Ltd., Nedstack Fuel Cell Technology BV, Plug Power Inc., Redox Power Systems LLC, SFC Energy AG, Toshiba Corp., and TW Horizon Fuel Cell Technologies.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rise in distributed power generation.'
According to the report, one of the major drivers for this market is the growing demand for efficient and cleaner technologies.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acumentrics Inc.
- Advent Technologies Holdings Inc.
- Air Liquide SA
- AISIN CORP.
- Altergy Systems
- Australian Fuel Cells Pty Ltd.
- Ballard Power Systems Inc.
- Bloom Energy Corp.
- Doosan Corp.
- Elevator World LLC
- FuelCell Energy Inc.
- GenCell Ltd.
- Hyster Yale Materials Handling Inc.
- Intelligent Energy Ltd.
- Nedstack Fuel Cell Technology BV
- Plug Power Inc.
- Redox Power Systems LLC
- SFC Energy AG
- Toshiba Corp.
- TW Horizon Fuel Cell Technologies