Reportlinker has included a new report titled "Fuel Cell Industry Analysis" in its range of offerings.
The all-inclusive report provides quality study, thorough analysis and valid statistics about the worldwide fuel cell market. It discusses the current developments and changing trends and how they will impact the fuel cell market.
According to the report, the global fuel cell industry has been witnessing a rapid growth in the past few years and is anticipated to achieve exponential growth in the coming years. It includes details on how the fuel cell industry received tremendous support from the governments for research and development. The regulatory authorities are also making modifications in the emissions norms to boost the growth in the industry. The report indicates that although countries such as the UK, Canada, Denmark, the USA and Germany lead the race in fuel cell market, such drive will gradually shift to the Asian segment, which has increased spending power and huge market potential.
The report indicates that the fuel cell industry will continue to maintain its growth pace in the coming years and will be driven by a number of factors such as maximum efficiency among clean energy resources, market prospective, eco-friendly functioning, and reduced reliance on fossil fuel. The report covers portable, stationary and transport sectors.
The report paints an optimistic future for the growth of fuel cell market in the automobile and telecom segments. Automobile companies have planned to introduce fuel cell vehicles in 2012 or 2013 and forecast large-scale commercialization by the year 2015. In addition, fuel cells will be predominantly utilized in electronic sector in the near future. The report predicts that the fuel cell segment will witness a combined annual growth rate (CAGR) of 71% from 2010 to 2013.
Source: http://www.reportlinker.com/