Fuel Cell Market Industry Growth , Competitive Landscape And Forecast To 2025: Grand View Research Inc.
San Francisco, 8 March 2019: The Report Fuel Cell Market Size, Share & Trends Analysis Report By Product (PEMFC, PAFC, SOFC, MCFC), By Application (Stationary, Transportation, Portable), By Region, And Segment Forecasts, 2018 – 2025 The global Fuel Cell Market Size is projected to reach USD 24.81 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.9% over the forecast period. International pressure on energy diversification is advocating positive investment environment for alternative energy. Fuel cell is closing in to be the most efficient form of alternative energy generation. Fuel cell shipments have witnessed rise over the past three years, compelling manufacturers to increase operations. Fuel cell systems cost has also seen a decline owing to significant innovations in terms of efficiency and working cost. Low gas prices will remain a specific concern for this market as natural gas based power generation is