DUBLIN, Aug. 4, 2022 /PRNewswire/ — The “Global Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, Vehicles (FCV)), Size (Small & Large), End User (Residential, C&l, Transportation, Data Center, Military & Defense, Utility), Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and is projected to reach USD 9.1 billion by 2027, at a CAGR of 26.0%. The market has a promising growth potential due to several factors, including the stringent norms on GHG emission across the globe, increasing R&D grants, increasing need of energy efficient power generation, and spur in demand of public as well as personal fuel cell electric vehicles.Stationary, The largest segment of fuel cell market, by applicationIn the stationary application of…
Increased Efforts to Augment Hydrogen Fueling Stations & Increased Adoption of Fuel Cells for Backup Power in Data Centers Presents Lucrative Opportunities
