About Fuel Cells
Fuel cells convert chemical energy into electrical energy through an electromechanical reaction. They are similar to batteries. A fuel cell consists of two electrodes, anode (positive) and cathode (negative), and an electrolyte that carry electrically charged elements from one electrode to another. A catalyst is required in the fuel cell, which speeds up the reaction taking place in the electrodes. Fuel cells create little pollution, because they use hydrogen as fuel. The hydrogen combines with oxygen to form water, which is a harmless by-product. This pollution reduction is one of the major reasons for the increased growth of the Fuel Cell Market in North America . Various fuels that can be used in a fuel cell are methanol, biogas, hydrogen, natural gas, and hydrocarbons.
TechNavio's analysts forecast the Fuel Cell Market in North America to grow at a CAGR of 33.14 percent in terms of unit shipment and at 38.59 percent in terms of MW shipment over the period 2014-2019.
Covered in this Report
The Fuel Cell Market in North America can be divided into the following segments on the basis of application: Stationary, Portable, and Transportation. Based on fuel cell type, the market can be categorized into the following segments: PEMFC, SOFC, DMFC, PAFC, AFC, and MCFC.
TechNavio's report, Fuel Cell Market in North America 2015-2019 , 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
Ballard Power Systems
Bloom Energy
Doosan Fuel Cell
Fuelcell Energy
Hydrogenics
Other Prominent Vendors
Acumentrics SOFC
Altergy Systems
CSA Group
DDI Energy
Delphi Automotive Systems
ElectroChem
Nuvera Fuel Cells
Oorja Protonics
Plug Power
Protonex Technology
Relion
Market Driver
Abundant Energy Sources and Emerging Applications
For a full, detailed list, view our report
Market Challenge
Functional Issues
For a full, detailed list, view our report
Market Trend
Increased Investments in R&D
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Technology Evolution
06.3 Technological Overview
06.3.1 PEMFC
06.3.2 SOFC
06.3.3 DMFC
06.3.4 MCFC
06.3.5 PAFC
06.3.6 AFC
06.3.7 Comparison of Fuel Cell Technologies
06.3.8 Description of Fuel Cell Applications
06.4 Market Size and Forecast by Unit Shipment
06.5 Market Size and Forecast by MW Shipment
06.6 Five Forces Analysis
07. Market Segmentation by Application
07.1 Fuel Cell Market in North America by Application (by unit and MW shipments) 2014
07.2 Fuel Cell Market in North America by Application (unit and MW shipments) 2019
07.3 Fuel Cell Market in North America by Application (unit shipments) 2014-2019
07.4 Fuel Cell Market in North America by Application (MW shipments) 2014-2019
07.5 Fuel Cell Market in North America by Stationary Segment (unit shipments)
07.5.1 Market Size and Forecast
07.6 Fuel Cell Market in North America by Stationary Segment (MW shipments)
07.6.1 Market Size and Forecast
07.7 Fuel Cell Market in North America by Portable Segment (unit shipments)
07.7.1 Market Size and Forecast
07.8 Fuel Cell Market in North America by Portable Segment (MW shipments)
07.8.1 Market Size and Forecast
07.9 Fuel Cell Market in North America by Transportation Segment (unit shipments)
07.9.1 Market Size and Forecast
07.10 Fuel Cell Transportation System Costs (assuming high-volume production)
07.11 Fuel Cell Market in North America by Transportation Segment (MW shipments)
07.11.1 Market Size and Forecast
08. Market Segmentation by Fuel Cell Type
08.1 Fuel Cell Market in North America by Fuel Cell Type (unit and MW shipments) 2014
08.2 Fuel Cell Market in North America by Fuel Cell Type (unit and MW shipments) 2019
08.3 Fuel Cell Market in North America by Fuel Cell Type (unit shipments) 2014-2019
08.4 Fuel Cell Market in North America by Fuel Cell Type (MW shipments) 2014-2019
08.5 Fuel Cell Market in North America by PEMFC Segment (unit shipments)
08.5.1 Market Size and Forecast
08.6 Fuel Cell Market in North America by PEMFC Segment (MW shipments)
08.6.1 Market Size and Forecast
08.7 Fuel Cell Market in North America by SOFC Segment (unit shipments)
08.7.1 Market Size and Forecast
08.8 Fuel Cell Market in North America by SOFC Segment (MW shipments)
08.8.1 Market Size and Forecast
08.9 Fuel Cell Market in North America by DMFC Segment (unit shipments)
08.9.1 Market Size and Forecast
08.10 Fuel Cell Market in North America by DMFC Segment (MW shipments)
08.10.1 Market Size and Forecast
08.11 Fuel Cell Market in North America by MCFC Segment (unit shipments)
08.11.1 Market Size and Forecast
08.12 Fuel Cell Market in North America by MCFC Segment (MW shipments)
08.12.1 Market Size and Forecast
08.13 Fuel Cell Market in North America by PAFC Segment (unit shipments)
08.13.1 Market Size and Forecast
08.14 Fuel Cell Market in North America by PAFC Segment (MW shipments)
08.14.1 Market Size and Forecast
08.15 Fuel Cell Market in North America by AFC Segment (unit shipments)
08.15.1 Market Size and Forecast
08.16 Fuel Cell Market in North America by AFC Segment (MW shipments)
08.16.1 Market Size and Forecast
09. Market Share of Leading Countries in North America
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
17.1 Competitive Scenario
17.1.1 Key News
17.2 Other Prominent Vendors
18. Key Vendor Analysis
18.1 Ballard
18.1.1 Key Facts
18.1.2 Business Overview
18.1.3 Business Segmentation by Revenue 2013
18.1.4 Business Segmentation by Revenue 2012 and 2013
18.1.5 Geographical Segmentation by Revenue 2013
18.1.6 Business Strategy
18.1.7 Recent Developments
18.1.8 SWOT Analysis
18.2 Bloom Energy
18.2.1 Key Facts
18.2.2 Business Overview
18.2.3 Recent Developments
18.2.4 SWOT Analysis
18.3 Doosan Fuel Cell
18.3.1 Key Facts
18.3.2 Business Overview
18.3.3 Business Strategy
18.3.4 Recent Developments
18.3.5 SWOT Analysis
18.4 FuelCell Energy
18.4.1 Key Facts
18.4.2 Business Overview
18.4.3 Business Segmentation by Revenue 2013
18.4.4 Business Segmentation by Revenue 2012 and 2013
18.4.5 Geographical Segmentation by Revenue 2013
18.4.6 Business Strategy
18.4.7 Recent Developments
18.4.8 SWOT Analysis
18.5 Hydrogenics
18.5.1 Key Facts
18.5.2 Business Overview
18.5.3 Business Segmentation by Revenue 2013
18.5.4 Business Segmentation by Revenue 2012 and 2013
18.5.5 Geographical Segmentation by Revenue 2013
18.5.6 Business Strategy
18.5.7 Recent Developments
18.5.8 SWOT Analysis
19. Other Reports in this Series
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape