Global Alkaline Fuel Cells Market Growth 2023-2029

Global Alkaline Fuel Cells Market Growth 2023-2029

The alkaline fuel cell (AFC), also known as the Bacon fuel cell after its British inventor, Francis Thomas Bacon, is one of the most developed fuel cell technologies. NASA has used alkaline fuel cells since the mid-1960s, in Apollo-series missions and on the Space Shuttle. Alkaline fuel cells consume hydrogen and pure oxygen producing potable water, heat, and electricity. They are among the most efficient fuel cells, having the potential to reach 70%.

LPI (LP Information)' newest research report, the “Alkaline Fuel Cells Industry Forecast” looks at past sales and reviews total world Alkaline Fuel Cells sales in 2022, providing a comprehensive analysis by region and market sector of projected Alkaline Fuel Cells sales for 2023 through 2029. With Alkaline Fuel Cells sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Alkaline Fuel Cells industry.

This Insight Report provides a comprehensive analysis of the global Alkaline Fuel Cells landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Alkaline Fuel Cells portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Alkaline Fuel Cells market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Alkaline Fuel Cells and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Alkaline Fuel Cells.

The global Alkaline Fuel Cells market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The AFC market has immense potential to grow in certain markets owing to improved efficiencies in niche applications. Increasing research and development activities coupled with expanding niche applications and preference of AFCs offer great opportunities for the market growth in the next few years.

This report presents a comprehensive overview, market shares, and growth opportunities of Alkaline Fuel Cells market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Circulating Electrolyte Alkaline Fuel Cell
Fixed Electrolyte Alkaline Fuel Cell
Dissolved Fuel Alkaline Fuel Cell

Segmentation by application
Fuel Cell Taxi & Boat
Generator and Golf Car
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Dupont Fuel Cell
GS Yuasa
Fuel Cell Energy
Bloom Energy
Toshiba
Samsung SDI
AFC Energy
Ballard Power Systems
Hitachi
Delphi
Panasonic Corp
Doosan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Alkaline Fuel Cells market?

What factors are driving Alkaline Fuel Cells market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Alkaline Fuel Cells market opportunities vary by end market size?

How does Alkaline Fuel Cells break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.