September 14, 2010 10:08 ET

Fuel Cell Shipments to Increase 68% Annually Through 2012

ROCKVILLE, MD--(Marketwire - September 14, 2010) - has announced the addition of RNCOS's new report "Fuel Cell Industry Analysis" to their collection of Energy market reports. For more information, visit

The global fuel cell industry has posted an unprecedented growth over the past few years on the back of government active support. Governments across the world have extended impressive funding for research and development of fuel cells and amending their emission legislations that spur growth in the fuel cell industry. For instance, governments in countries like the US, the UK, Germany, Denmark and South Korea are intensively supporting fuel cell development in the form of subsidies and by supporting R&D of the fuel cell technology.

According to our new research report "Fuel Cell Industry Analysis," the global fuel cell industry is expected to sustain its growth pace in near future driven by various factors such as huge market potential, positive impact on the quality of air, strengthening national energy security needs and reducing dependence on oil. In this regard, RNCOS has done an extensive research and analysis of various segments of the global fuel cell industry. Major segments by application covered in the report include: Transport, Stationary and Portable.

The baseline for optimistic future outlook of the global fuel cell industry is the rising demand for fuel cells in the automobile and telecom sector. Various automotive companies are planning to launch FCV by the end of 2012 or 2013, which will also contribute to the tremendous growth of fuel cells. Apart from the automobile sector, demand for fuel cells in the telecom sector will surge due to increasing power requirements. As a result, the global fuel cell shipment is expected to grow at a CAGR of around 68% during 2010-2012.

"Fuel Cell Industry Analysis" is a comprehensive research report that contains quality research, in-depth analysis and authentic statistics of the global fuel cell market. It studies the emerging market trends, recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, key players, expected future outlook and all other factors critical to the success of a new entrant in the global fuel cell market.

For more information, visit

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