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The fuel cell for prime power market is forecasted to grow by USD 1103.62 mn during 2023-2028, accelerating at a CAGR of 12.78% during the forecast period. The report on the fuel cell for prime power market 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 supportive government policies for adoption of fuel cells, rising demand for off-grid and remote power, and development of hydrogen economy.
The fuel cell for prime power market is segmented as below:
By End-user
- Commercial
- Residential
- Industrial
By Product
- PEMFC
- PAFC
- SOFC
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the fuel cell for prime power market covers the following areas:
- Fuel cell for prime power market sizing
- Fuel cell for prime power market forecast
- Fuel cell for prime power market 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 End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global fuel cell for prime power market: AFC Energy PLC, Ballard Power Systems Inc., Bloom Energy Corp., Ceres Power Holdings plc, Convion Ltd., Cummins Inc., Doosan Corp., EBZ SE, FuelCell Energy Inc., Fuji Electric Co. Ltd., GenCell Ltd., Inocel, Intelligent Energy Ltd., Kyocera Corp., Mitsubishi Heavy Industries Ltd., Plug Power Inc., PowerCell Sweden AB, RedHawk Energy Systems LLC, SFC Energy AG, 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 growing preference for self-generation of electricity.'
According to the report, one of the major drivers for this market is the supportive government policies for adoption of fuel cells.
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:
- AFC Energy PLC
- Ballard Power Systems Inc.
- Bloom Energy Corp.
- Ceres Power Holdings plc
- Convion Ltd.
- Cummins Inc.
- Doosan Corp.
- EBZ SE
- FuelCell Energy Inc.
- Fuji Electric Co. Ltd.
- GenCell Ltd.
- Inocel
- Intelligent Energy Ltd.
- Kyocera Corp.
- Mitsubishi Heavy Industries Ltd.
- Plug Power Inc.
- PowerCell Sweden AB
- RedHawk Energy Systems LLC
- SFC Energy AG
- TW Horizon Fuel Cell Technologies