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NEW YORK, Oct. 1 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue.

World Fuel Cells Market

http://www.reportlinker.com/p0120423/World-Fuel-Cells-Market.html

World commercial fuel cell demand to triple by 2013

The world commercial market for fuel cells -- including revenues associated with prototyping and test marketing activities, as well as actual product sales -- will more than triple to $1.9 billion in 2013 and then almost triple again to $5.1 billion in 2018. Market gains will be stimulated by ongoing technological advances, helping drive costs down to competitive levels in a growing number of applications, and supported by improved economies of scale as fuel cell manufacturers ramp up production. In industrialized areas such as the US and Western Europe, efforts to reduce dependence on imported oil and address environmental concerns will also contribute to fuel cell commercialization activity and sales growth over the coming decade. Product sales will increase substantially in China and other developing countries, but the US, Western Europe, Japan, Canada and South Korea will account for over four-fifths of all commercial demand in 2018.

Portable fuel cell systems show best growth prospects

Commercial demand for fuel cell systems, which totaled 17,800 units in 2008, will expand exponentially through 2013, when unit sales will reach 1.3 million, and then climb another sevenfold to 9.95 million units in 2018. Although market gains are projected to be strong for most applications, virtually all of this increase will be attributable to an explosion in portable fuel cell systems demand, which is expected to account for 98 percent of all unit sales in 2018. Demand for portable electronics fuel cells will be spurred by user frustration over the shortcomings of batteries as a power source for high-drain electronic devices, and declining product costs will help make fuel cells -- which have the potential to offer much longer run times than batteries -- an affordable source of portable power. Electric power generation fuel cells will account for less than one percent of the total number of systems sold in 2018, but they will continue to make up the largest single share of commercial fuel cell product and service demand measured in value terms. Sales of fuel cells used in electric power generation applications will be stimulated by the comparatively low hurdles that they have to overcome to achieve cost competitiveness in this market, as well as by their much greater fuel efficiency compared to conventional power generation methods.

PEM fuel cells to strengthen dominant market position

Proton-exchange membrane (PEM) fuel cells are the most widely used, and they will strengthen their dominant market position over the coming decade. PEMs operate at relatively low temperatures (allowing them to be fabricated in multiple sizes and shapes), offer quick start-up (a major advantage in both backup power and vehicular settings) and can operate over a wide range of power outputs. As a result, more organizations are actively working to develop and market PEM systems than any other single fuel cell chemistry. However, demand for direct methanol fuel cells (DMFCs) will rise at a faster rate. DMFCs are a variant of conventional PEM technology that can extract hydrogen from methanol without the need for a reformer, making them highly suitable for powering small electronic devices where a reformer would add unwanted bulk. Sales of high-temperature solid-oxide fuel cells will also grow at an above average pace because of their ability to use multiple fuels and their high energy efficiency, which can exceed 80 percent if excess heat generated is recaptured for cogeneration purposes.

Study coverage

This new study, World Fuel Cells, presents historical demand data (1998, 2003, 2008) plus forecasts for 2013 and 2018 by product, chemistry, application, world region and for 15 countries. The study also considers key market environment factors, evaluates company market share and profiles 39 industry participants.

TABLE OF CONTENTS

INTRODUCTION xi

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

World Economic Overview 5

Recent Economic Performance 6

Economic Outlook 8

Personal Income & Expenditure Trends 11

World Population Outlook 13

Gross Fixed Investment & Manufacturing Trends 15

World Gross Fixed Investment Outlook 16

World Manufacturing Outlook 18

Fuel Cell Infrastructure 19

World Energy & Power Generation Outlook 20

Energy Supply & Demand 21

Electric Power Generation 24

Distributed Power/Micropower 25

World Motor Vehicle Outlook 26

Motor Vehicle Production Trends 27

Hybrid/Electric Vehicle Outlook 30

World Electronics Sector Outlook 35

Government/Institutional Trends 37

Fuel Cell Cost/Pricing Dynamics 38

Environmental & Regulatory Issues 41

III. TECHNOLOGY 44

General 44

Basic Electrical Properties 45

Fuel Cell Construction & Operation 46

Fuel Cell Chemistries 47

Alkaline 48

Molten Carbonate 49

Phosphoric Acid 50

Proton-Exchange Membrane 51

Direct Methanol 52

Solid-Oxide 53

Other 54

Hydrogen Fuel Sources 55

Fuel Cell Materials 56

Catalysts 57

Electrodes, Electrolytes & Plates 58

Nanotechnology 59

Alternate Sources of Power 60

Batteries 62

Internal Combustion Engines 63

Turbines & Microturbines 65

Other Sources of Power 68

IV. SUPPLY & DEMAND 71

General 71

World Fuel Cell Markets 72

Regional Demand Dynamics 73

Total Fuel Cell Spending 76

Commercial Fuel Cell Demand 79

Demand by Product 81

Systems 82

Fuels 83

Electronic Devices 85

Other Products & Services 86

Demand by Chemistry 87

Proton-Exchange Membrane 89

Molten Carbonate 91

Phosphoric Acid 93

Solid-Oxide 95

Direct Methanol 98

Alkaline 99

Other 101

Demand by Application 104

Electric Power Generation 108

Industrial Stationary & Motive Power 111

Industrial Stationary Power 113

Motive Power 113

Motor Vehicles 114

Other Transportation Equipment 117

Portable Electronics 119

Other 121

(continued on next page)

World Fuel Cell Production 123

International Trade Flows & Multinational Investment 127

V. NORTH AMERICA 129

General 129

Fuel Cell Activity & Markets 130

Fuel Cell Outlook 131

United States 133

Canada 139

Mexico 144

VI. WESTERN EUROPE 149

General 149

Fuel Cell Activity & Markets 150

Fuel Cell Outlook 152

Germany 155

United Kingdom 161

Italy 166

France 170

Spain 175

Netherlands 180

Other Western Europe 185

VII. ASIA/PACIFIC 190

General 190

Fuel Cell Activity & Markets 192

Fuel Cell Outlook 194

Japan 196

South Korea 203

China 208

India 214

Australia 219

Other Asia/Pacific 224

VIII. OTHER REGIONS 229

Latin America 229

Eastern Europe 234

Russia 239

Other Eastern Europe 245

Africa/Mideast 250

IX. INDUSTRY STRUCTURE 256

General 256

Industry Composition 257

Market Share 259

FuelCell Energy 260

Teledyne Energy Systems 260

UTC Power 261

Ballard Power Systems 261

Hydrogenics 262

Siemens 262

Other Companies 262

Research & Product Development 263

Manufacturing 265

Marketing & Distribution 267

Cooperative Agreements 268

Financial Requirements 283

Acquisitions & Divestitures 284

Company Profiles 287

Acumentrics Corporation 288

Altergy Systems 291

Ansaldo Fuel Cells, see Finmeccanica

Arcotronics Fuel Cells, see Morphic Technologies

AREVA Group 292

Automotive Fuel Cell, see Ballard Power Systems,

Daimler and Ford Motor

Axane Fuel Cell Systems, see L'Air Liquide

Ballard Power Systems Incorporated 294

Cell Impact, see Morphic Technologies

Ceramic Fuel Cells Limited 300

Ceres Power Holdings plc 303

CFC Solutions, see Tognum

Daimler AG 305

Exergy Fuel Cells, see Morphic Technologies

Finmeccanica SpA 307

Ford Motor Company 308

FuelCell Energy Incorporated 310

General Hydrogen, see Plug Power

General Motors Corporation 315

Helbio, see Morphic Technologies

Helion, see AREVA Group

Honda Motor Company Limited 319

Horizon Fuel Cell Technologies Pte Limited 321

Hydrogenics Corporation 323

Hyundai Motor Company 327

IdaTech LLC 329

IHI Corporation 332

Intelligent Energy Limited 333

Ishikawajima-Harima Heavy Industries, see IHI

Jadoo Power Systems Incorporated 335

L'Air Liquide SA 337

Matsushita Electric Industrial, see Panasonic

Mechanical Technology Incorporated 339

Mitsubishi Heavy Industries Limited 342

Morphic Technologies AB 343

MTI MicroFuel Cells, see Mechanical Technology

MTU Onsite Energy, see Tognum

Nippon Oil Corporation 347

Nuvera Fuel Cells Incorporated 348

Panasonic Corporation 351

Plug Power Incorporated 352

Proton Motor Fuel Cell, see Proton Power Systems

Proton Power Systems plc 356

Protonex Technology Corporation 358

Quantum Fuel Systems Technologies Worldwide

Incorporated 361

ReliOn Incorporated 364

SFC Smart Fuel Cell AG 366

Siemens AG 369

Sunrise Power Company Limited 372

Teledyne Technologies Incorporated 373

Tognum AG 375

Toshiba Corporation 377

Toyota Motor Corporation 378

United Technologies Corporation 381

UTC Power, see United Technologies

Other Companies Mentioned in Study 385

LIST OF TABLES

SECTION I - EXECUTIVE SUMMARY

SECTION II - MARKET ENVIRONMENT

1 World Gross Domestic Product by Region 11

2 World Per Capita GDP by Region 13

3 World Population by Region 15

4 World Gross Fixed Investment by Region 17

5 World Manufacturing Value Added by Region 19

6 World Energy Production by Type 23

7 World Electric Power Generation by Region 25

8 World Motor Vehicle Production by Region 30

9 World Hybrid/Electric Light Vehicle Demand by Region 34

10 World Electronic Product Shipments by Region 36

11 World Fuel Cell System Costs 40

SECTION III - TECHNOLOGY

1 World Battery Demand by Region 63

2 World Internal Combustion Engine Demand by Region 65

3 World Turbine Demand by Region 68

SECTION IV - SUPPLY & DEMAND

1 Total World Fuel Cell Spending by Type & Region 78

2 World Commercial Fuel Cell Demand by Region 80

3 Total World Commercial Fuel Cell Demand by Product 82

4 World Commercial Fuel Cell Demand by Chemistry 88

5 World Commercial Proton-Exchange Membrane Fuel Cell Demand by Application & Region 91

6 World Commercial Molten Carbonate Fuel Cell Demand by Application & Region 93

7 World Commercial Phosphoric Acid Fuel Cell Demand by Application & Region 95

8 World Commercial Solid-Oxide Fuel Cell Demand by Application & Region 97

9 World Commercial Direct Methanol Fuel Cell Demand by Application & Region 99

10 World Commercial Alkaline Fuel Cell Demand by Application & Region 101

11 World Commercial Demand for Other Fuel Cell Types by Application & Region 103

12 World Commercial Fuel Cell Demand by Application 105

13 World Commercial Fuel Cell Systems Demand by Application 107

14 World Commercial Electric Power Generation Fuel Cell Demand by Chemistry, Region & Product 110

15 World Commercial Industrial Stationary & Motive Power Fuel Cell Demand by Application, Chemistry, Region & Product 112

16 World Commercial Motor Vehicle Fuel Cell Demand by Chemistry, Region & Product 116

17 World Commercial Demand for Fuel Cells Used in Other Transportation Applications by Chemistry, Region & Product 118

18 World Commercial Portable Electronics Fuel Cell Demand by Chemistry, Region & Product 120

19 World Commercial Demand for Fuel Cells Used in Other Applications by Chemistry, Region & Product 122

20 Selected International Fuel Cell Programs 125

SECTION V - NORTH AMERICA

1 North America - Economic & Market Environment 131

2 North America - Commercial Fuel Cell Demand 132

3 United States - Economic & Market Environment 136

4 United States - Commercial Fuel Cell Demand 138

5 Canada - Economic & Market Environment 141

6 Canada - Commercial Fuel Cell Demand 143

7 Mexico - Economic & Market Environment 146

8 Mexico - Commercial Fuel Cell Demand 148

SECTION VI - WESTERN EUROPE

1 Western Europe - Economic & Market Environment 152

2 Western Europe - Commercial Fuel Cell Demand 154

3 Germany - Economic & Market Environment 158

4 Germany - Commercial Fuel Cell Demand 160

5 United Kingdom - Economic & Market Environment 163

6 United Kingdom - Commercial Fuel Cell Demand 165

7 Italy - Economic & Market Environment 168

8 Italy - Commercial Fuel Cell Demand 170

9 France - Economic & Market Environment 172

10 France - Commercial Fuel Cell Demand 174

11 Spain - Economic & Market Environment 177

12 Spain - Commercial Fuel Cell Demand 179

13 Netherlands - Economic & Market Environment 182

14 Netherlands - Commercial Fuel Cell Demand 184

15 Other Western Europe - Economic & Market Environment 187

16 Other Western Europe - Commercial Fuel Cell Demand 189

SECTION VII - ASIA/PACIFIC

1 Asia/Pacific - Economic & Market Environment 193

2 Asia/Pacific - Commercial Fuel Cell Demand 195

3 Japan - Economic & Market Environment 199

4 Japan - Commercial Fuel Cell Demand 202

5 South Korea - Economic & Market Environment 205

6 South Korea - Commercial Fuel Cell Demand 207

7 China - Economic & Market Environment 211

8 China - Commercial Fuel Cell Demand 213

9 India - Economic & Market Environment 216

10 India - Commercial Fuel Cell Demand 218

11 Australia - Economic & Market Environment 221

12 Australia - Commercial Fuel Cell Demand 223

13 Other Asia/Pacific - Economic & Market Environment 226

14 Other Asia/Pacific - Commercial Fuel Cell Demand 228

SECTION VIII - OTHER REGIONS

1 Latin America - Economic & Market Environment 231

2 Latin America - Commercial Fuel Cell Demand 233

3 Eastern Europe - Economic & Market Environment 236

4 Eastern Europe - Commercial Fuel Cell Demand 238

5 Russia - Economic & Market Environment 241

6 Russia - Commercial Fuel Cell Demand 244

7 Other Eastern Europe - Economic & Market Environment 247

8 Other Eastern Europe - Commercial Fuel Cell Demand 249

9 Africa/Mideast - Economic & Market Environment 252

10 Africa/Mideast - Commercial Fuel Cell Demand 255

SECTION IX - INDUSTRY STRUCTURE

1 Fuel Cell-Related Revenues for Selected Companies, 2008 258

2 Research & Development Spending by Selected Fuel Cell

Companies, 2006-2008 265

3 Selected Cooperative Agreements 270

4 Selected Acquisitions & Divestitures 286

LIST OF CHARTS

SECTION II - MARKET ENVIRONMENT

1 World Energy Production by Type, 1998-2018 23

2 World Fuel Cell System Costs, 1998-2018 41

SECTION III - TECHNOLOGY

1 Basic Fuel Cell Construction 47

2 Gravimetric Energy Density of Various Power Conversion

& Storage Systems 61

SECTION IV - SUPPLY & DEMAND

1 Relationship Between Per Capita Fuel Cell Demand & Per Capita GDP, 2018 75

2 Total World Fuel Cell Spending by Region, 2018 79

3 World Commercial Fuel Cell Demand by Region, 2018 81

4 World Commercial Fuel Cell Demand by Chemistry, 2018 88

5 World Commercial Fuel Cell Demand by Application, 2018 106

6 World Commercial Fuel Cell Systems Demand by

Application, 1998-2018 108

SECTION V - NORTH AMERICA

1 North America - Commercial Fuel Cell Demand by

Country, 2018 133

SECTION VI - WESTERN EUROPE

1 Western Europe - Commercial Fuel Cell Demand by

Country, 2018 155

SECTION VII - ASIA/PACIFIC

1 Asia/Pacific - Commercial Fuel Cell Demand by

Country, 2018 196

SECTION IX - INDUSTRY STRUCTURE

1 World Fuel Cell Market Share by Company, 2008 259

To order this report:

World Fuel Cells Market

http://www.reportlinker.com/p0120423/World-Fuel-Cells-Market.html

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    Nicolas Bombourg
    Reportlinker
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