PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Global Fuel Cell Market to Surpass US$ 3 Billion by 2020 Says TechSci Research - Rising adoption of fuel cell powered vehicles and material handling equipment across major geographies to drive global fuel cell market through 2020 - TechSciResearch.com
Global Fuel Cell Market to Surpass US$ 3 Billion by 2020 Says TechSci Research

 

NewswireToday - /newswire/ - Burnaby, British Columbia, Canada, 2015/02/04 - Rising adoption of fuel cell powered vehicles and material handling equipment across major geographies to drive global fuel cell market through 2020 - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

According to the recently published report by TechSci Research,“Global Fuel Cell Market Forecast & Opportunities, 2020”, global market for fuel cell is forecast to peg over US$ 3 billion in 2020. Increasing adoption of fuel cells for stationary applications in telecom sector as backup power and as power source in vehicles are the growing application areas of the technology. The technology has been gaining wider acceptance as a clean energy sourcedue to almost zero carbon emissions. Incessant exploitation of oil and gas reserves has redirected the focus of industries on the use of fuel cells to power automobiles and material handling equipment. On these grounds, the technology is being increasingly adopted in both developed as well as developing economies worldwide.

Fuel cells offer eight times higher energy density as compared to batteries resulting into more number of opportunities in portable consumer electronics, stationary energy generation, and auxiliary power market. The German fuel cell industry is growing at a good pace and plans to shut down all nuclear power plants by 2022 with an aim to reduce green house emission. In consonance with these developments, the market for fuel cell in Europe has been witnessing significant growth over the past few years and is expected to continue the trajectory in the years to come.

“With increasing penetration of fuel cells in different applications, a large number of players are expected to foray into the market tooffer cost-effective, high-efficiency fuel cells with lower operating cost per KW. This, in turn, is expected to result in sizeable dip in average selling prices of fuel cells. Government support and tax incentives are also expected to transform the market dynamics worldwide over the coming years”, said Mr. Vipul Tiwari, Research Consultant with TechSci Research, a global management consulting firm.

“Global Fuel Cell Market Forecast & Opportunities, 2020” has evaluated the future growth potential of fuel cells market worldwide and provides statistics and information on market structure, market trends, market size & share, etc. The report includes fuel cell market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities available in the fuel cell market globally.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Global Fuel Cell Market to Surpass US$ 3 Billion by 2020 Says TechSci Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]techsciresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TechSci Research / Company Profile


Read Energy Most Recent Related Newswires:

Enel and Luxottica Group Inaugurate Innovative Mini-biomass Plant in Northern Italian Town of Agordo
The Abraaj Group and ENGIE to Develop a Wind Power Platform in India
Enel Starts Operation of South America's Two Largest Solar Parks in Brazil
Anheuser-Busch and Enel Green Power Announce Renewable Energy Partnership
EDP Renováveis and ENGIE Consortium Awarded Long-term CfD for 950 MW Offshore Wind Project in UK
E-Distribuzione Installs over A Million Electronic 2.0 Open Meters
ENGIE, through its Subsidiary ENGIE Axima, has Opened Exclusive Negotiations to Buy MCI, French Specialist in Industrial and Commercial Refrigeration
Enel Starts Construction of Peru’s Largest Wind Farm
GE Hits 5GW Milestone of Wind Energy in Brazil
Enel Starts Operations of Delfina Wind Farm in Brazil
GE to Install Advanced Wind Turbines for 150 MW Clean Power Project in Pakistan’s Jhimpir Corridor
ENGIE to Develop its First Renewable Project in Mongolia
Enel Starts Construction of Ayanunga Hydro Plant in Peru
Sundance Square and Green Mountain Energy Announce Extended Clean Energy Partnership
Enel Signs Tax Equity Agreement for 300 MW Red Dirt Wind Project in the USA

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)