DUBLIN, Ireland, August 8, 2013 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/vj6ls5/fuel_cell) has announced the addition of the "Fuel Cell Technology by Applications, Types, Fuel & Geography - Global Trends and Forecast to 2018" report to their offering.

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The global fuel cell market revenue is estimated to reach $2.5 billion by 2018.

Fuel cells are gaining global importance as the demand for clean energy increases and the depletion of world oil and gas reserves continues. Furthermore, the shifting focus towards renewable energy and the increasing awareness and demand for zero emission energy sources worldwide is driving development and demand for fuel cell technology.

Fuel cells convert chemical energy into electrical energy through an electromechanical reaction, like a battery. The only difference is that the fuel is supplied from outside, thereby making the fuel cell feel like an engine converting fuel into electricity without burning it. Fuel cells are of varying types - such as proton exchange membrane (PEM), solid oxide fuel cell (SOFC), molten carbonate fuel cell (MCFC) and many more differentiated options based on the components used and type of reaction taking place within the cell. A variety of fuels cab be used such as hydrogen, methanol, biogas, natural gas, and hydrocarbons. When working with hydrogen, fuel cell generates water as an outcome and gives electricity with zero emission.

The unit shipments of fuel cells will increase by over fourteen fold from 78,100 in 2012 to 1,127,560 by 2018. Major factors responsible for the growth of fuel cell market include the ability of fuel cells in stationary, portable and transportation applications as a source of off grid power source, zero emission and clean energy source and continuous depletion of existing oil reserves makes. The key concerns in the industry pertain to the high cost of catalyst, commercialization of fuel cells and establishment of fuel cell infrastructure.

SCOPE OF THE REPORT

The global fuel cell market is analyzed in terms of revenue ($million) for the aforesaid applications, technologies, and fuels by regions.

By Application
- Portable
- Stationary
- Transportation

By Technology
- Polymer/Proton Exchange Membrane (PEM) Fuel Cell
- Direct Methanol Fuel Cell (DMFC)
- Alkaline Fuel Cell (AFC)
- Phosphoric Acid Fuel Cell (PAFC)
- Molten Carbonate Fuel Cells (MCFC)
- Solid Oxide Fuel Cell (SOFC)
- Direct Carbon Fuel Cell (DCFC)
- Zinc Air Fuel Cell (ZAFC)
- Protonic Ceramic Fuel Cell (PCFC)
- Microbial Fuel Cell (MFC)

By Fuel
- Hydrogen
- Natural Gas/ Methane
- Methanol
- Anaerobic Digester Gas
- Others

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Premium Insights

4 Market Overview

5 Global Fuel Cell Market, By Applications

6 Fuel Cell Market, By Geography

7 Global Fuel Cell Market, By Types/Technologies

8 Global Fuel Cells Market, By Fuels

9 Competitive Landscape

10 Company Profiles (Overview, Financials, Products & Services, Strategy, And Developments)

- AFC Energy PLC
- Ballard Power Systems Inc
- Bloom Energy Corp
- Ceramic Fuel Cells Limited
- Ceres Power Holdings Plc
- Clearedge Power
- Fuelcell Energy
- GS Caltex
- Genport SRL
- Horizon Fuel Cell Technologies
- Hydrogenics Corporation
- JX Nippon Oil & Gas
- Nedstack Fuel Cell Technology BV
- Nuvera Fuel Cells
- Oorja Protonics
- Panasonic Corporation
- Plug Power Inc
- Protonex Technology Corporation
- Relion Inc
- SFC Energy Ag
- Topsoe Fuel Cell
- Toshiba Fuel Cell

For more information visit http://www.researchandmarkets.com/research/vj6ls5/fuel_cell
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Energy and Natural Resources

SOURCE Research and Markets