Fuel Cell Market worth $8.7 billion by 2028 – Emerging Trends and Opportunities Analysis
According to a research report “Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, Vehicle (FCVs)), End User (Residential, C&l, Transportation, Data Center, Military & Defense), Size, Fuel, Component and Region – Global Forecast to 2028″ published by MarketsandMarkets, the fuel cell market is projected to reach USD 8.7 billion...
Navigating the Future: Insights into the Booming Fuel Cell Market
The emissions from vehicles account for more than 15% of the global greenhouse emissions. Hence, governments all over the world are finding alternative power sources for use in the transportation sector. The adoption of fuel cell vehicles (FCVs) in the sector is expected to increase in the near future, as there is zero owing to the absence of CO2 emissions during vehicle operation. Therefore,...
Rising at 26.0% CAGR, Global Fuel Cell Market, Forecast to 2027
Fuel Cell Market New Revenue Pockets:
The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and projected to reach USD 9.1 billion by 2027, at a CAGR of 26.0%. Stringent emission norms across the globe is a driving factor for the market growth. Moreover, increase adoption of clean and green technologies in public and private transport to boost the market in near future.
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Fuel Cell Market to Surge $9.1 billion by 2027 at a CAGR of 26.0%
The report “Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, Vehicles (FCV)), Size (Small & Large), End User (Residential, C&l, Transportation, Data Center, Military & Defense, Utility), Region – Global Forecast to 2027“, The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and projected to reach...