Fuel Cell Technology Market Worth $2.5 Billion By 2018
Hydrogen is the largest primary fuel source for the fuel cells across the globe 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. North America and Asia 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 Market infrastructure development for storage & distribution, the fuel cell market will experience a tremendous increase in demand in the years to come.
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