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Fuel Cell Technology Market (Hydrogen, Natural Gas, Methanol, Anaerobic Digester Gas) Worth $2.5 Billion By 2018 - New Report by MarketsandMarkets
Date:11/8/2013

(PRWEB) November 08, 2013

The report "Fuel Cell Technology Market By Applications (Portable, Stationary, Transport), Types (PEMFC, DMFC, PAFC, SOFC, MCFC), Fuel (Hydrogen, Natural Gas, Methanol, Anaerobic Digester Gas) & Geography - Global Trends and Forecast to 2018 ", defines and segments the global fuel cell market with analysis and forecast of the global revenue. Fuel cell market will grow from an estimated $629.8 million in 2013 to $2,543.1 million by 2018, with a CAGR of 32.2% from 2013 to 2018.

Browse 119 market data tables with 27 figures spread through 246 pages and in-depth TOC on "Fuel Cell Technology Market - Global Trends and Forecast to 2018"
http://www.marketsandmarkets.com/Market-Reports/fuel-cell-market-348.html

Early buyers will receive 10% customization on this report.

Asia: The Largest Market for Fuel Cell Technology

Asia is the biggest market for green technologies and governments there are fixing renewable energy targets backed by favorable policies such as the Kyoto Protocol. The potential markets in Asia are Japan and South Korea. Asian region is the largest end user market for stationary fuel cells and is expected to continue with the same trend. The revenue trend estimates Asia dominating followed by North America and Europe.

Stationary Market: Biggest Market by Applications

In the current fuel cell global market, the stationary applications are the key application on the basis of market size and revenues. The demand is projected to increase heavily due to the increased power backup and household demand. Telecom, automobile and power backup industry acts as the parent market of fuel cell industry. Its growth and demand is highly influenced by the parent market. Off grid applications like providi
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