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Small Stationary Fuel Cell Market Set for Stupendous Growth

Aug 25, 2010
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The small stationary sector has been showing sustainable growth rate for the past 2 years. The number of companies manufacturing small stationary fuel cell units has doubled over the past few years. Besides, manufacturers have increased their funding into new production units to expand their current production capabilities. The main factor responsible for growth is the huge demand for Uninterruptible Power Supply (UPS) products. As a result, the cumulative shipments of small stationary fuel cell market are expected to grow at a CAGR of 76% between 2010 and 2012, says our new research report Fuel Cell Industry Analysis”.
 
Another factor, which is responsible for such a stupendous growth rate, is the rising demand for residential fuel cell units. With the development of infrastructure across the world, this segment is set to show significant growth in the near future. Our team of experts have also identified that PEM will dominate the small stationary fuel cell market with an estimated share of around 93% at the end of 2009.
 
Our reportprovides thorough research and rational analysis along with reliable statistics of the global fuel cell industry. Our report has segmented the fuel cell industry into transport, stationary and portable segments on the basis of technology.
 
Fuel Cell Industry Analysisprovides an insight into the prevailing trends in the global fuel cell market. Analysis and statistics regarding market size, growth, share, segmentation and geographic distribution have been thoroughly studied in the report to give a comprehensive view of the global fuel cell market. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years.
 
Most importantly, the report has also given the segment wise industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the global fuel cell industry and will prove decisive for clients.

For more information visit: http://www.rncos.com/Report/IM102.htm

Related Press Releases:
» Platinum-Free PEM Fuel Cells to Stimulate Market Growth
» Canada Fuel Cell Industry: Set for a Giant Leap
» Japan to Lead the Way in Global Fuel Cell Industry
» Portable Fuel Cells to Dominate the Industry in Future
» Korea to Drive the Global Fuel Cell Market
 
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