May 10, 2011 11:08 ET

Fuel Cell Market to Reach $1.6 Billion in 2016

ROCKVILLE, MD--(Marketwire - May 10, 2011) - has announced the addition of MarketsandMarkets' new report "Global Fuel Cell Market by Technology, Application, Type, Geography, Fuel, Installation, Trends and Forecasts (2011 - 2016)," to their collection of Energy market reports. For more information, visit

Global fuel cell market reached 0.14 million unit shipments in 2010 from mere 11 thousand units in 2007. During this period, shipments grew by CAGR of 132% and are further expected to rise by 115% CAGR from 2011 to 2016. The global fuel cell market which was at $650 million in 2010 will be at $1.6 billion in the year 2016.

The report "Global Fuel Cell Market by Technology, Application, Component, Installation, Cost, Geography, Trends and Forecasts (2011 - 2016)" highlights market trends, opportunities, and inhibitors. It divides global fuel cell market into geographies, technologies/types, applications, and fuel used and forecasts each market till 2016 in terms of quantity, capacity, and value.

The report also discusses about the cost structure, investments, and policies and regulations. Some geographic markets which are pioneers in fuel cell manufacturing and research activities such as U.S., Canada, Germany, UK, Japan, and South Korea are analyzed in detail and depth.

Specific coverage includes:

  • Geography: North America, Europe, and Asia and major countries in those regions such as U.S., Canada, Germany, UK, Japan, and South Korea
  • Application: Stationary, transportation, and portable
  • Technology/Type: Proton Exchange Membrane Fuel Cell (PEMFC), Direct Methanol Fuel Cell (DMFC), Solid Oxide Fuel Cell (SOFC), Molten Carbonate Fuel Cell (MCFC), Phosphoric Acid Fuel Cell (PAFC) etc
  • Fuel used: Hydrogen, Methanol, Natural Gas/Methane, Anaerobic Digester Gas/Biogas etc.

For more information, visit

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