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Date Submitted: 02/15/2016 10:20 PM
Stationary Fuel Cells Market Current Trends, Size, Share, Industry Analysis,
Competitive Intelligence, Growth, Opportunities and Global Forecasts To
2014 - 2020
The stationary fuel cells market is projected to reach USD 14.3 billion by 2020. It had attained
revenue worth USD 1.2 billion in 2013. High growth is expected in the market due to demand
for power that requires natural gas. Stationary fuel cells will be charged with hydrogen
manufactured from solar farms. Big box retailers like WalMart, Verizon, and other data centers
adopting it early will give an impetus to the market growth.
Stationary fuel cells are used to provide supplementary power in case of emergencies. They are a
viable method of storing and supplying energy in critical situations. Distributed energy
generation systems require modest installations and provide 24/7 load. Stationary fuel cells
generate energy on-site and eliminate any dependency of energy distribution systems. The
stationary fuel cells market requires government sponsorship to raise consumer awareness
required for its growth.
For further information on this report, please visit http://www.radiantinsights.com/research/stationary-fuel-cells-market
Applications of stationary fuel cells market are UPS (uninterrupted power supply), micro
combined heat and power (mCHP), and emergency power systems. UPS provides auxiliary
power when the primary source of electricity is cut off or unavailable. It provides protection
from constant power interruptions and prevents data loss. UPS units are primarily used for this
reason in data centers and computer networks. Emergency power systems include generators and
other backup systems that provide energy when regular systems fail. mCHP is a distributed
energy resource used in homes or small businesses. It uses less than 5 kWe and converts energy
to heat and electricity.
The stationary fuel cells market is dependent on technologies of SOFC (solid oxide fuel cell),
MCFC (molten carbonate fuel cell),...