Global Fuel Cell Market Forecast 2023-2038 – Market Size, Drivers, Trends, And Competitors
The global fuel cell market is projected to reach USD 8.7 billion by 2028 from an estimated USD 3.3 billion in 2023, at a CAGR of 21.7% during the forecast period. The growing use of electronic devices in emergency, off-grid, and automotive applications will benefit the fuel cell generator business.
This report segments the fuel cell market based on type into proton exchange membrane fuel cell,...
Navigating the Future: Insights into the Booming Fuel Cell Market
The emissions from vehicles account for more than 15% of the global greenhouse emissions. Hence, governments all over the world are finding alternative power sources for use in the transportation sector. The adoption of fuel cell vehicles (FCVs) in the sector is expected to increase in the near future, as there is zero owing to the absence of CO2 emissions during vehicle operation. Therefore,...
Fuel Cell Market Is Expected to Generate Huge Profits by 2022-2027
The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and projected to reach USD 9.1 billion by 2027, at a CAGR of 26.0%. Stringent emission norms across the globe is a driving factor for the market growth. Moreover, increase adoption of clean and green technologies in public and private transport to boost the market in near future.
Increasing urge for cleaner transportation...
Rising at 26.0% CAGR, Global Fuel Cell Market, Forecast to 2027
Fuel Cell Market New Revenue Pockets:
The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and projected to reach USD 9.1 billion by 2027, at a CAGR of 26.0%. Stringent emission norms across the globe is a driving factor for the market growth. Moreover, increase adoption of clean and green technologies in public and private transport to boost the market in near future.
Download...