Global Regenerative Fuel Cell Market Overview:
The regenerative fuel cell is the reverse fuel cells that combine the electrolyzer to convert solar energy into stored chemical energy ie, pressurized hydrogen and oxygen gas with a fuel cell that can convert the chemical energy back to electric power and water. They are widely used in spacecraft, solar panels, UAVs, to power robots and other mobility systems. When the fuel cell is used in reverse, the anode turns to cathode and cathode becomes the anode. It is said to be the device that takes the waste product and electricity to return the original chemical fuel. The major problems the fuel cells face while competing with batteries, first converting water to H2 with electricity and the fuel cell itself is roughly 60% efficient when converting H2 back to electricity and water for the vehicle (where large amount of heat is lost). Some of the key players profiled in the study are Robert Bosch GmbH (Germany), Ballard Power Systems (Canada), Infinity Fuel Cell and Hydrogen, Inc. (United States), Ceres Power Holdings PLC (United Kingdom), Fujikura Ltd. (Japan), FuelCell Energy, Inc. (United States), Zinc8 Energy Solutions (Canada), Prototech AS (Norway), SFC Energy AG (Germany) and PolyFuel, LLC (United States).
On the basis of geography, the market of Regenerative Fuel Cell has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Industry, the sub-segment i.e. Solar Energy will boost the Regenerative Fuel Cell market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Subunit, the sub-segment i.e. Fuel Cell/Electrolyzer Subunit will boost the Regenerative Fuel Cell market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand for Power Generation for Fuel Flexibility, Clean Energy Consumption
- Demand for Easy Handling and Light-Duty Vehicles
- Increasing Use of Regenerative Fuel Cells to Power the Robots
- Emerging Unmanned Aerial Vehicle Market
- Regulatory Compliance with Use of Regenerative Fuel Cell
- Risk of Adverse Impact on Environment
- The Emerging Idea of Hydrogen Fuel Cell Vehicles will Boom the Regenerative Fuel Cell Market
- Technological Advancements in Vehicle Industry
- Stiff Competition in Regenerative Fuel Cell Market
Major Market Developments:
On 15th July 2019, FuelCell Energy Inc. announced the relaunch of the sub-MW distributed generation solution to the European market with the SureSource 250 and SureSource 400 fuel cell systems. These fuel cells are manufactured in Torrington, CT and assembled in Europe at the FuelCell Energy manufacturing facility in Germany.
"It is especially important that the hydrogen supply subsystem is protected from the elements and that the cylinder shut-off valve and the two-stage regulator adjustment knob be easily accessible. Several commercial gas suppliers can be selected for procuring the hydrogen vessel, including Matheson, Scott, and Air Products. The suppliers’ regulations and guidelines must be strictly adhered to for all aspects of handling the hydrogen gas and storage vessel. The stringent NASA safety standards must be followed when constructing and operating the fuel cell subsystem. Swagelok tube fittings are recommended for construction. It is highly recommended that the fuel cell stack be operated in a controlled laboratory environment to establish performance parameters prior to testing in the fuel cell subsystem for the mobile RFC trailer."
Regenerative Fuel Cell Manufacturers, Regenerative Fuel Cell International Traders, Regenerative Fuel Cell Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Regenerative Fuel Cell market on the basis of product [Hydrogen Oxygen Fuel, Alcohol Fuel and Other] , application [Spacecraft, Power Supply Systems, UAVs, Cars, Solar Panels and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Regenerative Fuel Cell market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Regenerative Fuel Cell industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Ultracell LLC (United States) and Bloom Energy (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Regenerative Fuel Cell market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.