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Protonic Ceramic Fuel Cell (PCFC) Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2019-09-27   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8115 |  Industry: Miscellaneous  |   Format : pdf word ppt excel



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Fuel cell technology has emerged as one of the promising technological advancements to fulfil the need for an environment friendly, efficient, and sustainable alternative to fossil fuels. A protonic ceramic fuel cell (PCFC) is a type of fuel cell. A material called ceramic electrolyte is utilized in PCFC, which displays high protonic conductivity at high temperatures. PCFCs have the ability to operate at high temperatures, which is essential in order to attain high electrical fuel efficiency. PCFCs can make use of a wide range of fuel sources. Some of the fuels that can be deployed are hydrocarbons, non-fossilized organic matter, coal, and wood.

PCFC is anticipated to emerge as a next generation power system owing to its associated features such as low pollutant emissions and exceptional conversion efficiency. A number of innovations are taking place in the market. For instance, the world’s smallest and lightest hydrogen fuel cell was developed by the some of the researchers in Singapore. The energy density of the fuel cell was much greater than the conventional ones.

Advancements in PCFC Technology to act as Push to the Market Growth

Constant developments in PCFC technology is having a positive impact on the protonic ceramic fuel cell market growth. Advent of novel technologies in hydrogen storage and growing need for reliable and durable energy system are boosting the market growth.

Surge in public and private investments is also acting as a key factor driving the protonic ceramic fuel cell market. PCFC is increasingly preferred over backup power options owing to its high fuel efficiency and ability to perform at high temperature, which is further boosting the market growth in the forthcoming years. Use of cost-effective metals, surge in the demand for fuel cell vehicles, and emergence of novel technologies are likely to open up novel avenues for the market.

Key Players to Introduce Novel Products

Key players operating in the protonic ceramic fuel cell market include Ballard, FuelCell Energy, Hydrogenics, Horizon, Hyster-Yale Group, Pearl Hydrogen, Toshiba, Doosan Fuel Cell, Intelligent Energy, Nedstack, Sunrise Power, and PLUG Power. Market participants are taking up strategic initiatives such as mergers and acquisitions, partnerships, collaborations, expansions, and new product launches in order to gain a greater share in the market.

For instance, lately, one of the key companies, Intelligent Energy introduced FCM 800 SERIES of fuel cell module products for stationary as well as portable applications. These products have the potential to deliver power outputs ranging from 1kW to 4kW, which is improved for hybridisation with batteries.

Key Points to Remember

 Advancements in PCFC technology to act as a key driver in the global PCFC market

  PEMFC product type to gain popularity in the protonic ceramic fuel cell market

  Ability of PCFC to perform under practical conditions is expected to drive its demand among stationery power applications

  North America to emerge as a frontrunner in the global PCFC market in the forthcoming years

By Product Type

  PEMFC

 DMFC

 PAFC

 SOFC

 MCFC

 AFC

      By Application

  Portable

 Stationary

 Transport

     According to the experts, the PEMFC product type is expected to grab a major share in the PCFC market owing to its extensive usage in a wide range of applications. Besides that, it has been estimated that SOFC and MCFC product types are likely to witness significant growth in the coming years. As far as the application is concerned, PCFC is expected to gain immense traction in the stationery power applications such as small scaled grid connected power units in households and continuous power supplies to critical infrastructure.

By Region

world_regions

Technological advancements and novel product launches in North America are fuelling the regional market growth. Growing environmental concerns in the US is one of the key factors driving the PCFC market in North America. Asia Pacific is expected to witness significant growth in the near future owing to economic growth and rising awareness regarding the PCFC technology. In addition, surge in the adoption of PCFC in countries such as China and India could be one of the leading factors supporting the overall growth of the PCFC market in Asia Pacific.

Agriculture


Agriculture is expected to be an important sector of the global business in the coming years. At QYR Consulting we make sincere efforts to help you improve your performance and transform your business by seizing the opportunities. Our research reports include an assessment of the shifting agricultural trends, evolving energy needs, and introduction of disruptive technologies. We offer market outlooks after through research, which is conducted using primary and secondary research methodologies.

Our reports highlight the best investment opportunities by evaluating the risk factors. Over a period of time, we have built a valuable network of market experts, which makes its own, invaluable contribution in writing these business reports. With our understanding of the promising markets, we present to you a heuristic approach towards discovering the future of energy and agriculture sector.


Energy and Power


Energy and power systems across the globe have undergone massive changes in recent years. The surging demand for power consumption has drastically impacted generation and distribution of energy through the years. The changing landscape, with innovation in automotive, housing, and industrial sectors, has pushed energy and power companies to not just boost production but also look for alternatives for sustainability. The sector is challenged by issues of soaring demand and rising CO2 emissions.

The research reports shed light on the energy and power needs of the future. They predict the rise and fall from conventional energy consumption to renewable power production. Analysts have discussed the benefits and hurdles that energy mixes are expected to bring. Wind, solar, and other renewable and less harmful energy sources have been extensively researched and written about in these research reports.


Service and Software


The software industry has reinvented the future of business over the years. From providing top-notch solutions to customizing them for specific needs, the software industry offers myriad services. Shifting trends and needs of the global citizens has drastically helped the service and software industry as devised applications that were unheard of. We understand your changing needs that demand unique vision and strategy.


The software industry has reinvented the future of business over the years. From providing top-notch solutions to customizing them for specific needs, the software industry offers myriad services. Shifting trends and needs of the global citizens has drastically helped the service and software industry to devise applications that were unheard of. We understand your changing needs that demand unique vision and strategy.

The research reports have been collated by an expert team of analysts who aim to be your guiding hand through the coming years. The thoughtful evaluation of the service and software industry attempts to provide a detailed picture of the changing competitive landscape. Analysts have discussed products and evaluated the way they must progress to stay ahead of the game.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts.QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Protonic Ceramic Fuel Cell (PCFC) Market Report