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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

ng backup power for telecommunication infrastructure is provided by the fuel cells. For stationary applications use of Solid Oxide Fuel Cell (SOFC) and Molten Carbonate Fuel Cell (MCFC) will grow more than PEMFC.

Hydrogen Leads as a Primary Fuel for Fuel Cell Technology

Hydrogen is the largest primary fuel source for the fuel cells across the globe with more than half of the market share. On the other hand, Natural gas/Methane and Methanol are gaining a sharp focus as a renewable energy generation source. North America and Asia represents a huge potential in terms of hydrogen as a fuel. Fuel cell companies are continuously trying to develop technologies in order to provide a more cost effective catalyst, which in turn helps them to commercialize and launch products in market. On account of hydrogen & fuel cell technology infrastructure development for storage & distribution, the fuel cell market will experience a tremendous increase in demand in the years to come.

Browse related reports

North America Fuel Cell Technology Market by Applications (Portable, Stationary, Transport), Types (PEMFC, DMFC, PAFC, SOFC, MCFC), Fuel (Hydrogen, Natural Gas, Methanol, Anaerobic Digester Gas) & Geography - Trends and Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/north-america-fuel-cell-technology-market-1199.html

Europe Fuel Cell Technology Market by Applications (Portable, Stationary, Transport), Types (PEMFC, DMFC, PAFC, SOFC, MCFC), Fuel (Hydrogen, Natural Gas, Methanol, Anaerobic Digester Gas) & Geography - European Trends and Forecast to 2018
http://www.marketsandmarkets.com/Market-Rep
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