Portable fuel cells have the real potential of being profitable in a shorter time span than either stationary or automotive fuel-cell applications, says RNCOS.
Noida, UP -- (SBWIRE) -- 02/04/2015 -- Batteries and chargers are the bane of a high-tech lifestyle. For each new device there are usually different size of battery, a different charger, and a new set of concerns about battery life. For years the industry has been searching for some type of "holy grail" that would allow road warriors to travel freely without being slaves to power sockets and backup batteries. In 2014, portable fuel cell shipments grew by 50%, says RNCOS in its latest research report.
According to our report, the market for portable fuel cell suffered a decline compared to previous year as the technology establishes itself against competing batteries. But in future, the sector is expected to flourish more with high growth potential in the mobile phone travel fuel cell chargers. As per our analysis, the Global Fuel Cell market, although at a nascent stage at present, is expected to mature considerably well in the coming years. The technology is gaining worldwide acceptance attributable to its high efficiency over other energy sources and it is expected to become the best replacement for conventional energy sources.
The report "Fuel Cell Market Outlook 2020", by RNCOS spread over 170 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the fuel cell market on globe. Our research includes profound study of the market by type, application and region. Besides that, the report exhibits the emerging trends and global research and developments taking place in the industry that are boosting the fuel cell market growth.
Additionally, to provide a comprehensive view and in-depth study of major fuel cell market has been covered in the report that includes countries such as US, UK, Japan, China, Germany, India etc. This section covers fuel cell market in both value and volume terms in each of these countries till 2020. In addition to that, we have covered the patent reviews on the global level for the fuel cell market.
Further, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Moreover, we have also covered the key financial and recent activities by these players to build up position in the fuel cell market. As a whole, the report presents a comprehensive look at the sector's past, present, and future scenario.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.