TMCnet News
Stationary Fuel Cell Market to Attain Revenue of ~US$ 8.5 Bn by 2027; Clean Energy Demand to Drive Stationary Fuel Cell Market from 2019 to 2027: TMR· Stationary Fuel Cell Market to record a stellar CAGR of nearly 12% from 2019 to 2027 · Growing demand for environment friendly options to drive market forward · Asia Pacific to account for a major share in the stationary fuel cell market landscape ALBANY, New York, March 19, 2020 /PRNewswire/ -- The global stationary fuel cell market is set to see an increase in its market worth. Over the forecast period of 2019 to 2027, the valuation would reach approximately USD 8.5 bn. It is worth mentioning here that the market valuation in 2018 stood at approximately USD 3 bn.  Transparency Market Research States, "Growing need to move beyond conventional energy generation products will boost the demand trajectory of stationary fuel cells, which can reduce fuel consumption by 50% when compared with the former. From 2019 to 2027, the market is set to witness a compound annual growth rate of ~12%". Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=57843 Key Findings of Global Stationary Fuel Cell Market Study:
For a detailed analysis of Stationary Fuel Cell Market by type, stacking, and end user, visit: https://www.transparencymarketresearch.com/stationary-fuel-cell-system-market.html Key Drivers of Growth of Global Stationary Fuel Cell Market Clean energy is the need of the hour and as businesses and governments across the globe take note, investments pour in massively, states Transparency Market Research. This helps the global stationary fuel cell market to grow at a notable pace over the forecast period. A synopsis of market's growth drivers and an overview of trends, sustaining buoyancy are:
View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/57843 Key Impediment of Growth in Global Stationary Fuel Cell Market Despite positive growth projections, factors such as high costs of manufacturing stationary fuel clls are set to mar growth in the market to certain extent. Besides, switching from one cell type to another and associated infrastructure requirement is expensive. Regional Analysis of Global Stationary Fuel Cell Market
Analyze stationary fuel cell market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study Competitive Landscape of Global Stationary Fuel Cell Market
Global Stationary Fuel Cell: Segmentation Stationary Fuel Cell Market by Type
Stationary Fuel Cell Market by Stacking
Stationary Fuel Cell Market by End User
Stationary Fuel Cell Market by Region
Explore Transparency Market Research's award-winning coverage of the global Energy and Natural Resources Industry, Fuel Cell Market - In terms of revenue, the global market for fuel cells was valued at US$ 3.59 Bn in 2015 and is projected to attain a valuation of US$ 27.25 Bn by the end of the forecast period by 2024. Cogeneration Equipment Market - The global cogeneration equipment market was valued at US$ 20,245.9 Mn in 2018. Expanding at a CAGR of 9.84% during the forecast period from 2019 to 2027, the market is estimated to become worth US$ 42,896.4 Mn by the end of 2027. Marine Mining Market - The global marine mining market is expected to witness robust growth, thanks to rising demand for copper, which currently stands at near 24 million metric tons. The rising demand for minerals and increased technological advancement making seabed mining operations more effective will likely help the market achieve robust growth in the near future. Submarine Power Cable Market - The global submarine power cable market is projected to expand at a CAGR of 11.3% during the forecast period. According to the report, the market would continue to be influenced by a range of macroeconomic and market-specific factors. Lead-acid Battery Scrap Market - The lead-acid battery scrap market is anticipated to expand the most in the Asia Pacific region, followed by Europe and North America. Increasing adoption of electric vehicles and emerging opportunities in solar and oil & gas industries are fueling the demand for lead-acid battery scrap. Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions. About Transparency Market Research Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg
|