Future Prospects : Global Defense Fuel Cells Market Research Report 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.
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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.
The global Defense Fuel Cells market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Defense Fuel Cells volume and value at global level, regional level and company level. From a global perspective, this report represents overall Defense Fuel Cells market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
WATT Fuel Cell Corporation
Neah Power Systems
Direct Methanol Fuel Cell Corporation
Ballard Power System
Segment by Regions
Segment by Type
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Segment by Application
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