Fuel Cell Market – Opportunities and Forecast, 2020-2027 - Gurgaon

Tuesday, 6 October, 2020

Item details

City: Gurgaon, Haryana
Offer type: Offer

Contacts

Contact name Sarah Nash

Item description

The fuel cell market is witnessing an upsurge in demand during the forecast period. This is mainly due to the rising demand for unconventional energy, the growing public-private partnerships, and government initiative to decrease carbon emission. For example, the Australian government took an initiative to convert the gas distribution system to clean hydrogen by 2030. According to the fuel cell market report, rising investment in fuel cell technology is positively influencing the fuel cell market outlook. Several countries aim to develop fuel cell technology and infrastructure to meet increasing power demand to decrease pollution. For example, the Fuel Cell Technologies Office (FCTO), United States provides funds for Research & Development (R & D) to decrease fuel cell cost and improve fuel cell systems processes. On the other hand, the high cost and availability of fuel cells are hampering the market growth.

Visit: httpswww.gmiresearch.com/report/global-fuel-cell-market/