Global Automotive Fuel Cell Market 2015-2019 with Ballard Power Systems, ACAL, Nuvera Fuel Cells, Plug Power & Hydrogenics Dominating

DUBLIN, Feb. 3, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/2wkdwl/global_fuel_cell) has announced the addition of the "Global Fuel Cell Market in the Automotive Industry 2015-2019" report to their offering.

The global fuel cell market in the automotive industry to grow at a CAGR of 45.27% during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global fuel cell market in the automotive industry for 2015-2019. The market size has been calculated based on the revenue generated from the global units and MW shipments of fuel cells in the automotive industry. The report also includes a discussion of the key vendors operating in this market. 

Companies are making huge investments in R&D in the fuel cell industry. Many universities and government organizations are engaged in research and demonstration projects of new technologies in the industry. For instance, the National Energy Foundation is working with New Energy and Industrial Technology Development Organization (NEDO) in the UK on various fuel cell research projects.

According to the report, development of the hydrogen infrastructure is the key driver for the growth of this market. Since hydrogen is the primary fuel used in fuel cell electric vehicles (FCEVs), around 80 million tons of hydrogen is produced every year to meet the growing need for hydrogen fuel cells in FCEVs

Further, the report states that vendors need to address some functional issues associated with fuel cell systems, which include improving thermal, air, and water management.

The market is divided into the following segments based on type of vehicle:

• Light-duty vehicles
• Fuel cell buses
• Material handling

Key vendors

• Ballard Power Systems
• ACAL
• Nuvera Fuel Cells
• Plug Power
• Hydrogenics

Other prominent vendors

• Delphi Automotive Systems
• EnergyOR Technologies
• H2 Logic
• Symbio FCell
• Proton Motors
• Oorja Protonics
• Nuvera Fuel Cell
• Intelligent Energy
• Infintium Fuel Cell Systems

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by type of vehicle

Part 07: Geographical segmentation

Part 08: Key leading countries

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

Part 14: Vendor landscape

Part 15: Key vendor analysis

Part 16: Appendix

For more information visit

http://www.researchandmarkets.com/research/2wkdwl/global_fuel_cell

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net