Global Fuel Cells for Marine Vessels Market 2017-2021

Published: October 2017
No. of Pages: 62
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Fuel cells are flexible in nature, and they can be used as a single cell or in stacks. As a result, the power produced can be channelized throughout a ship, without an increase in the consumption of fuel. Fuel cells are used in marine vessels to power the main propulsion system partially or fully, as well as cater to the onboard energy consumption requirements. The market is still in its nascent stage and companies are investing in the technology development to produce propulsion systems with low carbon emission in response to stringent regulatory policies.

The analysts forecast global fuel cells for marine vessels market to grow at a CAGR of 3.73% during the period 2017-2021.

Covered in this report

This report covers the present scenario and the growth prospects of the global fuel cells for marine vessels market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

This report, Global Fuel Cells for Marine Vessels Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Dynad International
  • PowerCell Sweden
  • Serenergy
  • Toshiba

Other prominent vendors

  • Fiskerstrand Verft
  • MEYER WERFT
  • Nuvera Fuel Cells
  • WATT Fuel Cell

Market driver

  • Demand for alternate propulsion systems
  • For a full, detailed list, view our report

Market challenge

  • Issues in designs of propulsion systems
  • For a full, detailed list, view our report

Market trend

  • Evolution of hydrogen as a marine fuel
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Published By: Technavio
Product Code: Technavio17819


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