A recent research report by RNCOS, “Fuel Cell Industry Analysis”, says that the portable fuel cells are expected to surpass the stationary and transportation segment (combined together with shipments) and grow at a CAGR of 82% during 2012-2013. Within the industry, the portable fuel cells are anticipated to hold a share of around 53% in terms of volume and the trend is likely to continue with the ever-increasing private sector spending in the future.
The global fuel cell industry has been undergoing through a dynamic phase over the past few years with growing interest of companies for investments and supporting initiatives by regulatory bodies towards its unstoppable development. Rising concerns on pollution and climatic changes coupled with depleting energy sources has further provided the requisite impetus to the alternative energy sources, especially fuel cells.
Our report analyzed the fact that global fuel cell industry is likely to sustain its growth pace in near future backed by factors, such as best efficiency amongst energy sources, related market potential, environment-friendly operation, and support towards reducing dependence on oil. Our team of experts has identified other important factors, like commercialization of portable fuel cell in products, such as mobile phones, PDAs, and other small devices, are also equally creating the requisite impetus towards a surge in consumer and industrial electronics’ industry. Exhaustive R&D activities are also being carried out to improve the technology of portable fuel cells by focusing on their efficiency, size, and cost effectiveness. All these factors are ascertained to allow the end-user industries to utilize them in even the smallest products.
Further our reports carries a comprehensive analysis of the emerging market trends, recent developments, and their impact on the market to facilitate clients in making strategic investment decisions. It also covers a section on key players and provides a micro-analysis of all the other factors critical to the success of a new entrant in the global fuel cell market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM102.htm
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.