DUBLIN, Feb. 25, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/4vnwp3/north_american) has announced the addition of the "Concise Analysis of the North American Market for Fuel Cell Technology - Forecast to 2018" report to their offering.
Fuel cell technology is a clean energy source becoming widely commercialized for its various applications. The fuel cell industry has been growing at a promising rate in recent years. The technological developments and growing commercialization have fuelled the demand for fuel cells. This growing demand has been positively affecting the development of hydrogen infrastructure globally.
The North American fuel cell market is witnessing high growth based on the increased demand for clean energy and large investments related to hydrogen infrastructure development, especially in the U.S. and Canada. The U.S. holds the major market share followed by Canada. In terms of applications of the fuel cell, the market is dominated by stationary applications due to the off grid applications and household applications.
Ballard (Canada), Plug Power (U.S.), FuelCell Energy (U.S.), Oorja Fuel Cells (U.S.), and Hydrogenics (U.S.) are the major players, constituting the majority of the market share in North America. Most of these companies rely on growth strategies such as agreements and contracts, joint ventures and collaborations, mergers and acquisitions, and expansions in diversified geographic areas. The growing demand for technologically advanced clean energy solutions has prompted most of the companies to launch highly innovative and integrated fuel cell solutions.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 North American Fuel Cell Market, By Applications
6 North American Fuel Cell Market, By Countries
7 North American Fuel Cell Market, By Types/Technologies
8 North American Fuel Cells Market, By Fuel
9 Competitive Landscape
10 Company Profiles
- Ballard Power Systems Inc
- Bloom Energy Corp
- Clearedge Power
- Fuelcell Energy
- Hydrogenics Corporation
- Nuvera Fuel Cells
- Oorja Protonics
- Plug Power Inc
- Protonex Technology Corporation
- Relion Inc
For more information visit http://www.researchandmarkets.com/research/4vnwp3/north_american
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SOURCE Research and Markets