Albany, NY -- (SBWire) -- 07/06/2018 --Hydrogen and Fuel Cells use hydrogen as a chemical element, and are made into batteries that store energy. The basic principle is the reverse reaction of electrolysis of water, hydrogen and oxygen were supplied to the cathode and anode, hydrogen diffusion through the cathode and the electrolyte reaction, the release of electrons through the external load to reach the anode.
Scope of the Report:
- This report focuses on the Hydrogen and Fuel Cells in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- North America was the largest consumption market with a market share of 56.55% in 2012 and 60.27% in 2016 with an increase of 3.72%. Japan ranked the second place with the market share of 15.51% in 2016.
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Nowadays, the top three companies make up more than 30.76% market share of the Hydrogen and Fuel Cells market in 2016, and the world's large enterprises are mainly concentrated in North America and Japan. The top three manufacturers are Fuel Cell Energy, Panasonic and Plug Power. They respectively with global production market share as 10.88%, 10.02%, and 9.86% in 2016.
Hydrogen and Fuel Cells are widely used in Stationary, Transport, Portable etc. In 2013 2014, the industry experience an obvious growth, but with the market returning to a reasonable state, from 2015, the market growth rate fell to a steady level.
The worldwide market for Hydrogen and Fuel Cells is expected to grow at a CAGR of roughly 14.9% over the next five years, will reach 3010 million US$ in 2023, from 1310 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Fuel Cell Energy
- Panasonic
- Plug Power
- Intelligent Energy
- Toshiba
- Hyster-Yale Group
- Ballard Power Systems
- Doosan Fuel Cell
- Nedstack
- Hydrogenics
- Pearl Hydrogen
- Sunrise Power
View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-north-america-europe-asia-pacific-south-america-middle-east-and-africa-hydrogen-and-fuel-cells-market-2018-forecast-to-2023-report.html/toc
Market Segment by Type, covers
- Air-cooled Type
- Water-cooled Type
Market Segment by Applications, can be divided into
- Stationary
- Transport
- Portable
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Global Hydrogen and Fuel Cells Market Forecast 2018-2023 : Fuel Cell Energy, Panasonic, Plug Power, Intelligent Energy, Toshiba