According to the report, the fuel cell stack possesses flexible power output, allows easy addition and removal of fuel cells, and has modular designs among other features. The “fuel cell stack“ provides a wide range of power ratings, operating temperature ranges, and have applications in the portable power supply. the liquid-cooled fuel cell stack is expected to hold the lion’s share during the forecast period owing to its power rating as compared to the air-cooled fuel cell stack. The liquid-cooled segment has applications in hybrid batteries, primary power for grid backup, and power unit among others. Whereas, the air-cooled fuel cell stack has lower power ratings and is used in applications such as battery range extenders and portable power.
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The increasing demand for vehicles around the world is a key factor boosting the global Fuel Cell Stack Market size, says Fortune Business Insights in a report, titled “Fuel Cell Stack Market Size, Share and Global Trend by Type (Air-Cooled, Liquid Cooled), By Application (Portable Power, Backup Power, Motive Power, Material Handling Equipment, Others) and Geography Forecast till 2027.” The growth in the automotive industry will contribute positively to the market.
Some of the Major Companies that are Present in the Global Fuel Cell Stack Market are:
- Dana Incorporated
- Freudenberg Group
- TOTO Ltd
- Commonwealth Automation Technologies, Inc
- Robert Bosch GmbH
- Horizon Fuel Cell Technologies
- Ballard Power Systems
- ElringKlinger AG
- Pragama Industries
- FuelCell Energy Solutions GmbH
- Nuvera Fuel Cells, LLC
- Nissan Motor Corporation and
- Palcan Energy Corporation
The report is focused on providing detailed information about the market. It discusses all aspects in a profound way and offers insights on the recent market trends, market drivers, market restraints and several other parts of the market to assist companies with their agendas and strategies for the expansion.
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Key Segmental Overview:
1. By Type
- Air Cooled
- Liquid Cooled
2. By Application
- Portable Power
- Backup Power
- Motive Power
- Material Handling Equipment
3. By Geography
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive competition and maintain their stronghold.
Major Table of Content For Fuel Cell Stack Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Fuel Cell Stack Market Analysis, Insights and Forecast, 2027
- North America Fuel Cell Stack Market Analysis, Insights and Forecast, 2027
- Europe Fuel Cell Stack Market Analysis, Insights and Forecast, 2027
- Asia Pacific Fuel Cell Stack Market Analysis, Insights and Forecast, 2027
- Middle East and Africa Fuel Cell Stack Market Analysis, Insights and Forecast, 2027
- Latin America Fuel Cell Stack Market Analysis, Insights and Forecast, 2027
- Competitive Landscape
- Company Profile
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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