Los Angeles, CA -- (SBWire) -- 05/29/2019 --Fuel cells offer significant savings of loads, in weight and volume, compared to conventional power sources.
The Global Defense Fuel Cells Market is expected to grow. Factors such as use of fuel cells as environmentally viable energy-on-demand solution, enhanced efficiency of fuel cells and increasing awareness about the benefits of the fuel cell are boosting the market growth. In addition, acceptance of fuel cells to decrease dependence on imported oil is one of the key trends which help the market to grow. However, lack of fuel cell infrastructure and high price of the catalyst, which raises the price of fuel cell are restricting the market.
The global market consists of different international, regional, and local manufacturers. The market competition is expected to grow higher with the increase in technological advancements and mergers & acquisitions activities in the future. Moreover, many local and regional manufacturers are offering specific application products for varied end-users. Asia-Pacific is likely to register major value generating region during the forecast period. Countries such as China, Japan, South Korea, and Taiwan will account for the high market share where the growth of the market is mainly driven by the rise in investments and advancements in technology.
This report studies the Defense Fuel Cells market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Defense Fuel Cells in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
WATT Fuel Cell Corporation
Ultracell
SFC Energy
Protonex
Neah Power Systems
General Motors
Direct Methanol Fuel Cell Corporation
Delphi Automotive
Bloom Energy
Altergy
Ballard Power System
By the product type, the market is primarily split into
PEM
SOFC
DMFC
By the end users/application, this report covers the following segments
Defense
Commercial
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Defense Fuel Cells Market Competitive Analytics and Insights 2025