Press Release

Global sales of fuel cells will reach $1.2 billion by 2014

September 8th, 2010

Global Information Inc. would like to present a new market research report, "Fuel Cell Technologies Worldwide" by SBI Energy (aka Specialist In Business Information).

Fuel cells represent an exciting and dynamic industry that could alter the way we produce and use energy for residential and commercial consumption, transportation, electronic devices, and more.

While fuel cells are a technology that has been known to scientists for almost 200 years, in the modern world, they represent an innovative source of energy. Fuel cells are favored as a "green" technology for their low emissions, quiet operation and high efficiency. They can be fed by fuels that are readily available, including biofuels, thus reducing reliance on foreign oil and an electric grid that is aging and in many places pushed beyond capacity.

The great appeal of fuel cells is that they can operate continuously as long as the necessary flows of fuel and oxygen are maintained, and they produce only water as a byproduct, rather than being a source of pollution.

Although it is a relatively young industry, fuel cells have shown vigorous growth in the past few years. SBI Energy research estimates that the market grew from $353 million in 2005 to $498 million in 2009. We predict global sales will reach $1.2 billion by 2014.

In this dynamic and rapidly changing marketplace, SBI Energys new report, Fuel Cell Technologies Worldwide, will provide clear guidance and insight on various technologies and end-use markets.

The report zeroes in on the historic growth (2005-2009) and growth potential (2010-2014) of the global market for fuel cells and discuss various fuel cell technologies currently used. Market size and growth will be broken out by major country and by region of the world. The report will also segment the market by technology (type of fuel cell as defined by the electrolyte used), and application (stationary power, portable electronics, motor vehicles, backup power supplies, military & aerospace, and others), and provide detailed profiles of companies that are leading the way in the industry.

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 128351