Phosphoric Acid Market Research Report Global Forecast to 2030

List of Tables

Phosphoric Acid Fuel Cell Market Forecast to 2030

Market Overview

Phosphoric Acid Fuel Cell (PAFC) Market is anticipated to exhibit a substantial CAGR of 20.30% during the review period. Increasing determination to diminish worldwide fossil fuel byproducts and moving concentration to clean energy sources will assist with battling environmental change, are the key market drivers improving the market development.

The utilization of the PAFC innovation is probably going to expand because of the rising number of unforeseen cataclysmic events and the rising number of moves made to address the energy issues brought about by these calamities. Because of their basic treatment of poisonous gases including carbon monoxide and carbon dioxide, the gadgets are effectively introduced for fixed purposes, which will speed up the extension of the phosphoric acid fuel cell market.

One of the super phosphoric acid fuel cell market patterns is the boundless establishment of phosphoric acid fuel cells in different business associations, including medical clinics, structures, lodgings, and electric utilities to give cogeneration arrangements. The frameworks' little and enormous scope joined intensity and-power (CHP) limit can supply constant power and meet supplemental energy needs. It creates high-temperature squander heat that can be successfully utilized in CHP frameworks to produce low-pressure steam, space warming, and water warming.

Market Segmentation

Vehicles, cogeneration, and other applications are included in the segmentation of the phosphoric acid fuel cell market based on application. Cogeneration, or combined heat and power, controlled the market in 2022. The majority of PAFC systems are deployed there because of its great thermal and electrical efficiency. In terms of market size and volume, the segment is anticipated to lead the industry throughout the forecast period. Some regional governments have implemented useful programs to support the deployment of CHP systems.

Regional Analysis

Asia Pacific Phosphoric Acid Fuel Cell market is projected to rule the market during the figure time frame. Ideal government strategies and aggressive long-haul objectives are credited for this. Moreover, the presence of notable makers and fundamentally expanded venture from various players are supposed to additional lift item interest in the country. Moreover, a lot of development is expected in South Korea because of the public organization's reception of innovation.

North America Phosphoric Acid Fuel Cell market experienced significant development in the Phosphoric Acid Fuel Cell Market. The U.S. industry pattern will be supported by expanded spending plan assignment for developing hydrogen-put together foundation and expanded consideration with respect to directing high level examination and improvement tasks.

The European Phosphoric Acid Fuel Cell market is supposed to observe a fair development rate during the figure time frame. The execution of FC frameworks in the countries of the European Association is expected to be advanced quickly by various empowering standards and drives.

Major Players

The key players in the Phosphoric Acid Fuel Cell market are Defence Research and Development Organisation (DRDO), Doosan Fuel Cell America, Inc., Fuji Electric Co., LTD., and Ingsman Energy and Fuel Cell Research Organization (IEFRO).

Product Code: MRFR/E&P/10164-HCR

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. DEFINITION
2.2. SCOPE OF THE STUDY
- 2.2.1. RESEARCH OBJECTIVE
- 2.2.2. ASSUMPTIONS
- 2.2.3. LIMITATIONS

3. RESEARCH METHODOLOGY

3.1. OVERVIEW
3.2. DATA MINING
3.3. SECONDARY RESEARCH
3.4. PRIMARY RESEARCH
- 3.4.1. PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS
- 3.4.2. BREAKDOWN OF PRIMARY RESPONDENTS
3.5. FORECASTING MODEL
3.6. MARKET SIZE ESTIMATION
- 3.6.1. BOTTOM-UP APPROACH
- 3.6.2. TOP-DOWN APPROACH
3.7. DATA TRIANGULATION
3.8. VALIDATION

4. MARKET DYNAMICS

4.1. OVERVIEW
4.2. DRIVERS
4.3. RESTRAINTS
4.4. OPPORTUNITIES

5. MARKET FACTOR ANALYSIS

5.1. VALUE CHAIN ANALYSIS
5.2. PORTER'S FIVE FORCES ANALYSIS
- 5.2.1. BARGAINING POWER OF SUPPLIERS
- 5.2.2. BARGAINING POWER OF BUYERS
- 5.2.3. THREAT OF NEW ENTRANTS
- 5.2.4. THREAT OF SUBSTITUTES
- 5.2.5. INTENSITY OF RIVALRY
5.3. COVID-19 IMPACT ANALYSIS
- 5.3.1. MARKET IMPACT ANALYSIS
- 5.3.2. REGIONAL IMPACT
- 5.3.3. OPPORTUNITY AND THREAT ANALYSIS

6. GLOBAL PHOSPHORIC ACID FUEL CELL MARKET, BY APPLICATION

6.1. OVERVIEW
6.2. VEHICLES
6.3. COGENERATION
6.4. OTHERS

7. GLOBAL PHOSPHORIC ACID FUEL CELL MARKET, BY REGION

7.1. OVERVIEW
7.2. NORTH AMERICA
- 7.2.1. U.S.
- 7.2.2. CANADA
7.3. EUROPE
- 7.3.1. GERMANY
- 7.3.2. FRANCE
- 7.3.3. U.K
- 7.3.4. ITALY
- 7.3.5. SPAIN
- 7.3.6. REST OF EUROPE
7.4. ASIA-PACIFIC
- 7.4.1. CHINA
- 7.4.2. INDIA
- 7.4.3. JAPAN
- 7.4.4. SOUTH KOREA
- 7.4.5. AUSTRALIA
- 7.4.6. REST OF ASIA-PACIFIC
7.5. REST OF THE WORLD
- 7.5.1. MIDDLE EAST
- 7.5.2. AFRICA
- 7.5.3. LATIN AMERICA

8. COMPETITIVE LANDSCAPE

8.1. OVERVIEW
8.2. COMPETITIVE ANALYSIS
8.3. MARKET SHARE ANALYSIS
8.4. MAJOR GROWTH STRATEGY IN THE GLOBAL PHOSPHORIC ACID FUEL CELL MARKET,
8.5. COMPETITIVE BENCHMARKING
8.6. LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL PHOSPHORIC ACID FUEL CELL MARKET,
8.7. KEY DEVELOPMENTS AND GROWTH STRATEGIES
- 8.7.1. NEW APPLICATION LAUNCH/PRODUCT DEPLOYMENT
- 8.7.2. MERGER & ACQUISITIONS
- 8.7.3. JOINT VENTURES
8.8. MAJOR PLAYERS FINANCIAL MATRIX
- 8.8.1. SALES & OPERATING INCOME, 2022
- 8.8.2. MAJOR PLAYERS R&D EXPENDITURE. 2022

9. COMPANY PROFILES

9.1. FUJI ELECTRIC CO., LTD
- 9.1.1. COMPANY OVERVIEW
- 9.1.2. FINANCIAL OVERVIEW
- 9.1.3. APPLICATIONS OFFERED
- 9.1.4. KEY DEVELOPMENTS
- 9.1.5. SWOT ANALYSIS
- 9.1.6. KEY STRATEGIES
9.2. DOOSAN FUEL CELL AMERICA, INC.
- 9.2.1. COMPANY OVERVIEW
- 9.2.2. FINANCIAL OVERVIEW
- 9.2.3. APPLICATIONS OFFERED
- 9.2.4. KEY DEVELOPMENTS
- 9.2.5. SWOT ANALYSIS
- 9.2.6. KEY STRATEGIES
9.3. DEFENCE RESEARCH AND DEVELOPMENT ORGANISATION (DRDO)
- 9.3.1. COMPANY OVERVIEW
- 9.3.2. FINANCIAL OVERVIEW
- 9.3.3. APPLICATIONS OFFERED
- 9.3.4. KEY DEVELOPMENTS
- 9.3.5. SWOT ANALYSIS
- 9.3.6. KEY STRATEGIES
9.4. INGSMAN ENERGY AND FUEL CELL RESEARCH ORGANIZATION (IEFRO)
- 9.4.1. COMPANY OVERVIEW
- 9.4.2. FINANCIAL OVERVIEW
- 9.4.3. APPLICATIONS OFFERED
- 9.4.4. KEY DEVELOPMENTS
- 9.4.5. SWOT ANALYSIS
- 9.4.6. KEY STRATEGIES

10. APPENDIX

10.1. REFERENCES
10.2. RELATED REPORTS