MRO Magazine

Research and Markets: North American Fuel Cell Market 2015-2019: Abundant Energy Sources and Emerging Applications

June 29, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Fuel Cell Market in North America 2015-2019” report to their offering.

The analysts forecast the Fuel Cell Market in North America to grow at a CAGR of 33.14% in terms of unit shipment and at 38.59% in terms of MW shipment over the period 2014-2019.

Increased investments in R&D are one of the key trends being witnessed in this market. Many universities and government organizations are engaged in research and demonstration projects of new technologies in the industry.

According to the report, abundant energy sources and emerging applications are a major factor driving the Fuel Cell market in North America. Hydrogen is used in stationary fuel cells as it is the lightest, most abundant chemical in the universe.

Further, the report states that functional issues and the technologies related to fuel cell applications comprise challenges that hinder the growth of the Fuel Cell market in North America. Current compressor technologies are not suitable for fuel cell applications, which make air management difficult.

The Fuel Cell Market in North America can be divided into the following segments on the basis of application:

  • Stationary
  • Portable
  • Transportation

Based on fuel cell type, the market can be categorized into the following segments:

  • SOFC
  • DMFC
  • PAFC
  • AFC
  • MCFC

Key Vendors

  • Ballard Power Systems
  • Bloom Energy
  • Doosan Fuel Cell
  • Fuelcell Energy
  • Hydrogenics

Other Prominent Vendors

  • Acumentrics SOFC
  • Altergy Systems
  • CSA Group
  • DDI Energy
  • Delphi Automotive Systems
  • ElectroChem
  • Nuvera Fuel Cells
  • Oorja Protonics
  • Plug Power
  • Protonex Technology
  • Relion

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by Application
  8. Market Segmentation by Fuel Cell Type
  9. Market Share of Leading Countries in North America
  10. Buying Criteria
  11. Market Growth Drivers
  12. Drivers and their Impact
  13. Market Challenges
  14. Impact of Drivers and Challenges
  15. Market Trends
  16. Trends and their Impact
  17. Vendor Landscape
  18. Key Vendor Analysis

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Fuel Cells