Fuel cells produce electricity by utilizing the power generated from electrochemical reactions. They use external sources of chemical energy such as hydrogen and oxygen to produce energy. Electrochemical reactions in the fuel cells oxidize hydrogen, which reacts with oxygen to form water and release electrons. The electrons then flow through the external circuit producing an electric current. All fuel cells are based on a standard design wherein two electrodes are separated by an electrolyte. The electrolyte carries electrically charged particles. A catalyst is used to speed up or accelerate the electrochemical reaction within the fuel cells. Fuel cells can be used in small devices that are powered by a few watts of electricity and also in large power plants that produce megawatts (MW) of electrical energy. Fuel cells are categorized by the nature of the electrolyte used in them.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by application

Global fuel cells market for industrial and military applications by application

Global fuel cells market for industrial and military applications for stationary application

Global fuel cells market for industrial and military applications for transportation application

Global fuel cells market for industrial and military applications for portable application

PART 07: Market segmentation by end-user

Global fuel cells market for industrial and military applications by end-user

Global fuel cells market for industrial application

Global fuel cells market for military application

PART 08: Geographical segmentation

Global fuel cells market for industrial and military applications by geography

Fuel cells market for industrial and military applications in APAC

Fuel cells market for industrial and military applications in the Americas

Fuel cells market for industrial and military applications in EMEA

PART 09: Decision framework

PART 10: Drivers and challenges

Market drivers

Impact of drivers on key customer segments

Market challenges

Impact of challenges on key customer segments

PART 11: Market trends

Rise in distributed power generation

Increase in R&D investment and activities

Increasing interest on CHP

PART 12: Vendor landscape

Competitive scenario

Other prominent vendors (indicative list)

PART 13: Key vendor analysis

Ballard Power Systems

Bloom Energy

NUVERA FUEL CELLS

SFC Energy

PART 14: Appendix

List of abbreviations

PART 15: Explore Technavio