Report Code: A05160 | Pages: NA | Mar 2023 | 3965 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Protonic Ceramic Fuel Cell (pcfc) Market
Request Now !A Protonic Ceramic Fuel Cell (PCFC) is a special type of fuel cell. The material used in PCFC has high protonic conductivity that exhibits at high temperature. In PCFC, hydrocarbon fuel is used as anode in the presence of water. This fuel is further broken down into carbon dioxide, electrons, and protons, these protons move through the ceramic layer toward the cathode. PCFC shares kinetic and thermal advantages of high temperature operation at 700 °C. High operating temperature is necessary to attain high electrical fuel efficiency. Due to low pollutant emissions and high conversion efficiency, PCFC is expected to emerge as the next-generation power system.
Factors such as new technologies in hydrogen storage, need for more resilient energy systems, and increasing private & public investments are driving the growth of the global protonic ceramic fuel cell market. Its advantage over backup power options and higher energy density compared to battery is further fueling the overall market growth. However, fuel infrastructure, durability of fuel cell, and high cost of catalysts are the factors that restrain the market growth. Use of cheaper metals, high demand for fuel cell vehicles, and emerging new technologies are anticipated to offer new growth opportunities to this market during the forecast period.
The global protonic ceramic fuel cell market is segmented on the basis type, application, and region. By type, it is divided into PEMFC, AFC, MCFC, SOFC, DMFC, and PAFC. By application, it is classified into transport, stationary, and portable. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players that operate in the global protonic ceramic fuel cell market include Sunrise Power Solutions, Ballard Power Systems, PLUG POWER INC., FuelCell Energy, Hydrogenics, Pearl Hydrogen Technology Co. Ltd., Nedstack, Hyster-Yale Group, Intelligent Energy Limited, and TW Horizon Fuel Cell Technologies. Major players have adopted various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market.
Protonic Ceramic Fuel Cell (PCFC) Market Report Highlights
Aspects | Details |
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By Type |
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By Application |
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By Region |
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Key Market Players | Sunrise Power Solutions, Ballard Power Systems, PLUG POWER INC, FuelCell Energy, Hydrogenics, Pearl Hydrogen Technology Co. Ltd, Nedstack, Hyster-Yale Group, Intelligent Energy Limited,, TW Horizon Fuel Cell Technologies |
Other Key Market Players | Intelligent Energy, Nuvera fuel cells |
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