Market Research Report
Global Fuel Cells Market for Automotive Industry 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||350478|
|Published||Content info||85 Pages
|Global Fuel Cells Market for Automotive Industry 2017-2021|
|Published: August 24, 2017||Content info: 85 Pages||
Fuel cells like batteries generate electricity from chemical synthesis. The electrochemical reaction in the fuel cell oxidizes the hydrogen, which reacts with oxygen to form water and release electrons. All fuel cells follow a standard design, wherein two electrodes (a porous anode and cathode) are separated by an electrolyte. The electrolyte carries electrically charged particles. To accelerate the electrochemical reaction, a catalyst is used. Fuel cells are categorized by the nature of the electrolyte used.
Technavio's analysts forecast the global fuel cells market for automotive industry to grow at a CAGR of 9.04% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global fuel cells market for automotive industry for 2017-2021. To calculate the market size, the report considers the new installations in the market and only fuel cells for automotive industry has been considered in market sizing.
The market is divided into the following segments based on geography:
Technavio's report, Global Fuel Cells Market for Automotive Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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