Albany, NY -- (SBWire) -- 07/27/2018 --This report studies the global Stationary Fuel Cells market status and forecast, categorizes the global Stationary Fuel Cells market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Stationary fuel cells generate electricity through an electrochemical reaction, not combustion, providing clean, efficient, and reliable off-grid power to homes, businesses, telecommunications networks, utilities, and others.
Stationary fuel cells are quiet and have very low emissions, so they can be to be installed nearly anywhere. These systems provide power on-site directly to customers, without the efficiency losses of long-range grid transmission.
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Stationary fuel cell systems also take up much less space in proportion to other clean energy technologies. For instance, a 10 megawatt (MW) fuel cell installation can be sited in a about an acre of land. This is compared to about 10 acres required per MW of solar power and about 50 acres per MW of wind.
The classification of Stationary Fuel Cells includes 0-1 KW, 1-4 KW, > 4 KW, and the proportion of 0-1 KW in 2015 is about 43%.
JP & KR region is the largest supplier of Stationary Fuel Cells, with a production market share nearly 75% in 2015. USA is the second largest supplier of Stationary Fuel Cells, enjoying production market share nearly 15% in 2015.
The global Stationary Fuel Cells market is valued at 2980 million US$ in 2017 and will reach 15500 million US$ by the end of 2025, growing at a CAGR of 22.9% during 2018-2025.
The major manufacturers covered in this report
- Panasonic
- Toshiba
- Siemens
- Fuji Electric
- POSCO ENERGY
- Bloom Energy
- JX Nippon
- FuelCell Energy
- Ballard Power
- Plug Power
- Doosan PureCell America
- Altergy
- SOLIDpower
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Key Stakeholders
- Stationary Fuel Cells Manufacturers
- Stationary Fuel Cells Distributors/Traders/Wholesalers
- Stationary Fuel Cells Subcomponent Manufacturers
- Industry Association
- Downstream Vendors
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Global Stationary Fuel Cells Market Forecast 2018-2025: Panasonic, Toshiba, Siemens, Fuji Electric, POSCO ENERGY