Stationary Fuel Cell Systems Market Research Investigates World Market Analysis
Posted by Arslan on August 20th, 2019
The stationary fuel cell systems market will record a hefty 17.9% y-o-y over 2018 to reach over US$ 2,159 million by the end of 2019, reveals a recent market study published by Fact.MR. The study offers a holistic assessment on various market dynamics and macro and micro-economic factors that are influencing adoption of stationary fuel cell systems in various industrial verticals.
Combined heat and power (CHP) or cogeneration is one of the most common applications of stationary fuel cell systems, which accounted for the largest revenue share of over 45% in 2018, according to the Fact.MR study.
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Increasing concerns about negative impacts of conventional power generation methods on the environment have triggered the use of sustainable power generation equipment such as fuel cells. Conventional power generation units involve combustion of fuel, which ultimately leads to the emission of harmful gases into the environment. This is triggering needs for finding an eco-friendly substitute to tradition electricity generation methods.
Table of Content
Chapter 1 Global Stationary Fuel Cell System Market - Executive Summary
Chapter 2 Global Stationary Fuel Cell System Market Overview
Chapter 3 Global Stationary Fuel Cell Systems Market Dynamics
Chapter 4 Global Stationary Fuel Cell Systems Market – Key Assessment
To be Continue...........
The Fact.MR study opines that the stationary fuel cell systems market in the APEJ region will continue to lead the rally in the upcoming years. The study provides optimistic growth prospects of the stationary fuel cell systems market for the assessment period of 2018-2027. According to the Fact.MR study, the stationary fuel cell systems market will envisage a staggering 19.8% value CAGR during the forecast period 2018-2027.
Fact.MR report provides comprehensive information about recent developments in the stationary fuel cell systems market. The report conducts a thorough research on the recent activities of several stationary fuel cell systems market players including Plug Power Inc., Fuelcell Energy Inc., Doosan Fuel Cell America, Ballard Power Systems, POSCO ENERGY, SOLIDpower Group, Bloom Energy Corporation, PowerCell, AFC Energy Plc., and Fuji Electric Co., Ltd.
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About the AuthorArslan
Joined: December 18th, 2017
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