HOME Analyst Briefings Analyst Briefing Presentation on the Global Fuel Cell Market by Technology, Application, Component, Installation, Cost, Geography, Trends and Forecasts (2011 – 2016) to be held on July 19, 2011


Analyst Briefing Presentation on the Global Fuel Cell Market by Technology, Application, Component, Installation, Cost, Geography, Trends and Forecasts (2011 – 2016) to be held on July 19, 2011

The Energy & Power practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global Fuel Cell Market by Technology, Application, Component, Installation, Cost, Geography, Trends and Forecasts (2011 – 2016) to be held on July 19, 2011.

Global fuel cell industry is at the stage where every year one or more applications are being commercialized. Backup power for telecom towers and forklifts are among the initial applications to be commercialized in 2008, followed by cogeneration and heat production (CHP) and military units as of 2009.

MarketsandMarkets estimated global fuel cell market at $650 million with market size of 0.14 million unit shipments in 2010. Subsidies provided by government, private equity & venture capital investments, advantage over other backup power options, higher energy density compared to batteries, and capacity to store energy from intermittent sources like wind and sun in the form of hydrogen are some major factors currently driving the fuel cell industry. As per our forecast, the industry will grow by 17.6% CAGR during 2011 – 2016 and will reach $1.6 billion in 2016.

The agenda of this analyst briefing is to discuss market drivers, opportunities, winning imperatives, and burning issues for global fuel cell market.

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