Thursday, February 27, 2025

Technological Advances Boost Hydrogen Fuel Cells Market To

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According to The Business Research Company’s research report on the hydrogen fuel cells market, the global hydrogen fuel cells market is expected to grow from $2.78 billion in 2020 to $3.85 billion in 2021 at a compound annual growth rate (CAGR) of 38.8%. The growth of the hydrogen fuel cell market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hydrogen fuel cell market is expected to reach $16.50 billion in 2025 at a CAGR of 43.8%. Companies…

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