The new Fuel Cell Industry Review 2019 withmarket data and analyses was published in January 2020. Since 2014, E4tech’s team has been contacting fuel cell companies worldwide to build it, aggregating their supply figures and creating an independent annual reference point on the current state of the fuel cell industry. Some excerpts are presented below.
Fuel Cell Market: Transport Sector Is Growing Rapidly
In November 2016, E4tech published data and analyses on the fuel cell industry in its latest edition of Fuel Cell Industry Review. Since 2014, it has contacted businesses in the industry and aggregated their shipment figures to capture the most recent market developments. The following sections will present some excerpts from this review and explain the changes to the preliminary 2016 figures published last November.
Global Fuel Cell Market Review
Despite the fuel cell industry’s recent growth spurt, the market still looks like a pyramid. At the top, you will find the stack and system manufacturers which offer commercial products and have a clear understanding of the costs involved and the wishes customers may have. These businesses are either driven by policy, as in Japan, or the forces of a free market, like FuelCell Energy. But of the worldwide more than 200 stack and system providers, fewer than 30 have made it this far.