The stationary fuel cell prime power market is experiencing rapid growth. With an increasing number of companies offering commercial products to the non-residential market, commercial adopters are demonstrating increased interest. The residential market is only a matter of months behind. In fact, a few forward looking companies already have fully certified products in the market in limited regions.
Within this fluid, vibrant phase of market growth we are starting to see some new market trends appearing. These include the electrons or hardware business model where adopters lease or buy the stationary fuel cell prime power unit. The benefits of both vary depending on the adopter and, interestingly, the country in which the company is operating. In terms of geography, we have seen some companies developing a single country specific product, for example in the Japanese residential market. So although a company may be leading today, in terms of deployment, looking forward it could face significant barriers to entry for its product in other regions.
This Pike Research report evaluates 17 of the leading prime power station fuel cell developers and rates them on 12 criteria for strategy and execution, including go-to-market strategy, product portfolio, partnerships, innovation, reach, market share, pricing, and staying power. Using Pike Research' s proprietary Pike Pulse methodology, developers are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies' relative strengths and weaknesses in the rapidly growing prime power stationary fuel cell market.
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