Europe Fuel Cell Technology Market is Expected to Reach $613.7 Million by 2018

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MarketsandMarkets Presents
Europe Fuel Cell Technology Market worth 613.7
Million by 2018
http//www.marketsandmarkets.com/Market-Reports/eu
rope-fuel-cell-technology-market-1202.html
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• The report "Europe Fuel Cell Technology Market
  By Applications (Portable, Stationary,
  Transport), Types (PEMFC, DMFC, PAFC, SOFC,
  MCFC), Fuel (Hydrogen, Natural Gas, Methanol,
  Anaerobic Digester Gas) and Geography- European
  Trends And Forecast To 2018" defines and segments
  the European fuel cell market with analysis and
  forecast of the revenue.
• Fuel cell market will grow from an estimated
  150.4 million in 2013 to 613.7 million by 2018,
  at a CAGR of 32.5 from 2013 to 2018.
• Browsegtgt
•  87 market data tables
• 25 figures
• 168 pages and in-depth TOC on Europe Fuel Cell
  Technology Market
• http//www.marketsandmarkets.com/Market-Reports/eu
  rope-fuel-cell-technology-market-1202.html
• Early buyers will receive 10 customization on
  this report.

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• European Market Fuel cell technology grows on
  combined efforts of universities, governments and
  private players
• Germany is the leading country in the European
  fuel cell market.
• Many universities, research institutes and
  companies are involved in the fuel cell business,
  both in RD and commercializing the market.
• After Germany U.K. is the most active country in
  terms of hydrogen and fuel cell technology.
• The Government of U.K. has launched renewable
  heat incentive which includes provisions for CHP
  units and aerobic digestion to produce biogas for
  heat production.
• It also runs money-back feed-in tariff (FIT) for
  household fuel cell installations for encouraging
  the demand for fuel cells.

http//www.marketsandmarkets.com/Market-Reports/eu
rope-fuel-cell-technology-market-1202.html
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• Market demand Household, telecom and backup
  applications dominates market demand 
• In the current European fuel cell market, the
  stationary Household, telecom and backup
  applications dominates market demand on the basis
  of market size and revenues.
• The demand is projected to increase heavily due
  to the increased power backup and household
  demand.
• Telecom, automobile and power backup industry
  acts as the parent market of fuel cell industry.
  Its growth and demand is highly influenced by the
  parent market.
• Off grid applications like providing backup
  power for telecommunication infrastructure is
  provided by the fuel cells.
• Stationary fuels cells are used for these
  applications and have already been commercialized
  thus demand is further expected to rise owing to
  this commercialization.

http//www.marketsandmarkets.com/Market-Reports/eu
rope-fuel-cell-technology-market-1202.html
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• Increase in Hydrogen as a primary fuel Key for
  fuel cell growth
• Hydrogen is the largest primary fuel source for
  the fuel cells across Europe with more than half
  of the market share.
• On the other hand, Natural gas/Methane and
  Methanol are gaining a sharp focus as a renewable
  energy generation source.
• Germany and U.K. represents a huge potential in
  terms of hydrogen as a fuel. Fuel cell companies
  are continuously trying to develop technologies
  in order to provide a more cost effective
  catalyst, which in turn helps them to
  commercialize and launch products in market.
• On account of hydrogen fuel cell technology
  infrastructure development for storage
  distribution, the fuel cell market will
  experience a tremendous increase in demand in the
  years to come.

http//www.marketsandmarkets.com/Market-Reports/eu
rope-fuel-cell-technology-market-1202.html
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rope-fuel-cell-technology-market-1202.html
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