Fuel Cells for Residential, Commercial and Military Power

November 12, 2012

Wellesley, Mass. – According to a new technical market research report, FUEL CELLS FOR RESIDENTIAL, COMMERCIAL, AND MILITARY POWER (FCB037A), from BCC Research (www.bccresearch.com), the global residential, commercial, and military fuel cell market was valued at $439 million in 2011 and should reach nearly $569 million in 2012. Total market value is expected to reach nearly $1.7 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 24.2%.

The market for fuel cell types can be broken down into three applications: solid oxide fuel cells (SOFCs), polymer electrolyte membrane fuel cells (PEMFCs), and other FCs.

The segment made up of SOFCs is expected to have a value of nearly $302 million in 2012 and nearly $1.2 billion in 2017, a CAGR of 31%.

As a segment, PEMFCs should total $175 million in 2012 and $339 million in 2017, a CAGR of 14.1%.

Other FCs are expected to total $92 million in 2012 and $176 million in 2017, a CAGR of 13.9%.

Fuel cell sizes range from tiny portable units that can be held in the hand to massive stacks the size of a building. Fuel cells can be combined into stacks in effectively unlimited sizes.  This report considers “medium-size” stationary fuel cells used in residential, commercial, and military settings. It does not consider automotive or traction fuel cells, very large utility-scale fuel cells, or much smaller portable cells. Of particular interest are solid oxide fuel cells (SOFCs) and polymer electrolyte membrane fuel cells (PEMFCs).

Like batteries, fuel cells produce electrical energy through an electrochemical process. Unlike batteries, fuel cells are “conversion” devices that change some kind of chemical fuel into electricity. Like combustion engines, fuel cells convert fuel into energy, but in this case, the energy is electricity rather than kinetic (movement) or heat.

This report will help its readers:

• Forecast the market size for residential, commercial, and military power fuel cell market in terms of dollars and units
• Classify the market size for fuel cells for residential, commercial and military power by geographical regions in terms of dollars and units
• Highlight the roles of major stakeholders and players
• Provide an overview of the activities of influential companies.

This report will be valuable to many industry participants, including the following:

• Fuel cell users and integrators
• Fuel cell and conventional power generator makers
• End users and distributors
• Military personnel
• Academic and research institutions
• Financial institutions.

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Fuel Cells for Residential, Commercial and Military Power( FCB037A )
Publish Date: Nov 2012    

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