Fuel cell technology has garnered great support and interest around the world in the past decade because of its huge market potential, positive impact on air quality and radically different nature than currently available power sources. The technology has witnessed a remarkable expansion in terms of new installations worldwide and the immense growth in the shipments of the fuel cell products. Besides, it has the potential to strengthen national energy security by reducing dependence on imported petroleum.
According to our new research report, "Fuel Cell Industry Analysis”, the fuel cells market has a bright future ahead and will see wide acceptance given the high growth in the global cumulative shipments at a CAGR of around 49% during 2005-2008. This increase is largely attributed to growing number of regions launching high profile projects and a large number of countries increasing their emission legislation standards.
We have classified the fuel cells as - Molten Carbonate Fuel Cells (MCFC), Proton Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC) and Direct Methanol Fuel Cells (DMFC). There has been a rising trend witnessed in their installations and adoption in various application areas. We have found that PEMFC and DMFC are primarily used for portable applications, while MCFC and SOFC are used widely for stationary purposes. Besides, DMFC’s are also used in some niche transportation sectors.
From the applications perspective, the report has broadly categorized the applications of fuel cells for portable, transportation and stationary purposes. The portable segment has emerged as the key power source owing to the current limitations of batteries and generators in terms of efficiency and emissions.
The report has given the global overview of the fuel cell industry and has placed special focus on the developments taking place in various countries in terms of the units manufactured and the investments being made in those countries for research purposes. On the basis of our research and thorough analysis, we foresee Japan, North America and Europe to emerge as the major markets for the fuel cell technology by 2010.
For more detail visit :- http://www.energysectornews.com/Fuel-Cell-Industry-Analysis-Reports/IM102.htm
Wednesday, July 22, 2009
Global Biofuel Market Analysis
Biofuels market has been witnessing a continuous growth and developments across the world over the past few years. Governments across the world are injecting huge amount of money and resources into the development of this sector in an attempt to reduce their dependency on oil. The volatile oil prices and production levels have further enlightened the need for continuous developments into this sector.
According to our research report “Global Biofuel Market Analysis”, the global ethanol production is forecasted to grow at a CAGR of around 6% during 2009-2018. Also, global biodiesel production is forecasted to grow at a CAGR of over 5% during the same period. Various growth factors for different market segments have been thoroughly discussed in the report.
On the regional front, we found that the American region, mainly the U.S. and Brazil, has been driving the global biofuel industry. The two aforementioned nations accounted for around 79% of the total world ethanol production in 2008. The immense support from the regional government has particularly been driving the growth of the biofuel industry. The region is also investing huge sums in the development of new technologies and methods for biofuel production.
Our research also foresees significant growth potential of biofuel industry in developing countries, such as India and China. The Southeast Asian region has an enormous potential in the field of biofuel production as a result of upcoming biofuels plants in the region. With increasing demand for biofuel, the region can become net exporter of biofuel to the developed world. In this regard, the report provides detailed analysis of the key trends and development of biofuel industry in the Southeast Asian region.
“Global Biofuel Market Analysis” provides extensive information and rational analysis on the world’s biofuel markets and emerging trends in the industry. It gives a deep insight of the regional trends prevailing in the biofuel market across the globe. Analysis and statistics regarding market size, growth, regional segmentation, and trends in technology developments have been thoroughly analyzed in the report to provide clients a comprehensive overview of the concerned market.
For more detail visit :- http://www.energysectornews.com/Global-Biofuel-Market-Analysis-Reports/IM098.htm
According to our research report “Global Biofuel Market Analysis”, the global ethanol production is forecasted to grow at a CAGR of around 6% during 2009-2018. Also, global biodiesel production is forecasted to grow at a CAGR of over 5% during the same period. Various growth factors for different market segments have been thoroughly discussed in the report.
On the regional front, we found that the American region, mainly the U.S. and Brazil, has been driving the global biofuel industry. The two aforementioned nations accounted for around 79% of the total world ethanol production in 2008. The immense support from the regional government has particularly been driving the growth of the biofuel industry. The region is also investing huge sums in the development of new technologies and methods for biofuel production.
Our research also foresees significant growth potential of biofuel industry in developing countries, such as India and China. The Southeast Asian region has an enormous potential in the field of biofuel production as a result of upcoming biofuels plants in the region. With increasing demand for biofuel, the region can become net exporter of biofuel to the developed world. In this regard, the report provides detailed analysis of the key trends and development of biofuel industry in the Southeast Asian region.
“Global Biofuel Market Analysis” provides extensive information and rational analysis on the world’s biofuel markets and emerging trends in the industry. It gives a deep insight of the regional trends prevailing in the biofuel market across the globe. Analysis and statistics regarding market size, growth, regional segmentation, and trends in technology developments have been thoroughly analyzed in the report to provide clients a comprehensive overview of the concerned market.
For more detail visit :- http://www.energysectornews.com/Global-Biofuel-Market-Analysis-Reports/IM098.htm
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