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Stack market
Stack market




stack market

#STACK MARKET PORTABLE#

North America region has witnessed a surge in demand for portable power and material handling equipment in the recent past. The global fuel cell stack market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa).

stack market

  • Latin America (Brazil, Mexico, and Rest of Latin America).
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific).
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe).
  • Some of the major companies that are present in the global fuel cell stack market are Solvay, Dana Incorporated, Freudenberg Group, TOTO Ltd, Commonwealth Automation Technologies, Inc, Robert Bosch GmbH, Horizon Fuel Cell Technologies, Ballard Power Systems, Nedstack, ElringKlinger AG, Pragama Industries, FuelCell Energy Solutions GmbH, Nuvera Fuel Cells, LLC, Nissan Motor Corporation and Palcan Energy Corporation among others.

    stack market

    This is expected to have a negative impact on the growth of the fuel cell stack market in the coming years. The other counterparts such as batteries are economical in cost as compared to the fuel cell stack. This is likely to boost the growth of the fuel cell stack market in the near future.įuel cell stack is at the introduction phase in the market and is not fully commercialized. Owing to this, the fuel cell stack manufacturers are focused on investing massive amounts into the research and development of fuel stacks. The efficiency of the fuel cell stacks is higher as compared to its other counterparts such as batteries. The fuel cell stacks are totally environment-friendly and have zero carbon emissions. Owing to this, the fuel cell stack market is expected to grow at a healthy rate in the near future. The growth in demand for the vehicles and increasing on-road fleet are expected to drive the automotive industry in the coming years. By application, the fuel cell stack market is categorized on the basis of the uses in portable power, backup power, motive power, and material handling equipment among others.įuel cell stacks are highly efficient and are widely in demand for automotive industry applications. Owing to a broader range of applications, the liquid-cooled fuel cell stacks are expected to hold the lion's share in the global fuel cell stack market by type during the forecast period. The liquid-cooled fuel stack has applications in hybrid batteries, primary power for grid backup, and power unit among others. The liquid-cooled fuel cell stack has a higher power rating as compared to the air-cooled fuel cell stack. The air-cooled fuel cell stack has lower power ratings and is used in applications such as battery range extenders and portable power. air-cooled and liquid-cooled fuel cell stack. To gain extensive insights into the market, Request for Customizationīy type, the fuel cell stack market is bifurcated based on the cooling mechanism used, i.e.






    Stack market