ABI Updates Its Automotive Fuel Cell Forecast for the Coming Decade.Business Editors OYSTER BAY Oyster Bay, uninc. area (1990 pop. 6,687) of the Town of Oyster Bay, Nassau co., SE N.Y., on N Long Island, on Long Island Sound; settled 1653. It is chiefly residential. , N.Y.--(BUSINESS WIRE)--Dec. 12, 2002 The number of the fuel cell vehicles
prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. ABI's new study on the topic. "Our expectations in last year's study that early fuel cell vehicles will be available by 2003 is already being met by Toyota and Honda in the US and in Japan," said Atakan Ozbek, Director of Energy Research and author of the study. Allied Business Intelligence (ABI Abi (ā`bī) [short for Abijah], in the Bible, King Hezekiah's mother. (Application Binary Interface) A specification for a specific hardware platform combined with the operating system. ) research shows that greater emphasis is finally being given to fuel cells in the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community , much as in Japan. The US will have to more aggressively execute its strategy of solving technological challenges and infrastructure layouts if it is to help early fuel cell vehicle introduction by the second half of the decade. "We have started to see more upbeat participation in automotive fuel cells in the European Union in the last year. And Japan already has been so active in this field it is taking the lead along with the US. The US, on the other hand, has to push the fuel cell sector toward meaningful infrastructure deployment, bringing in all the stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. -- and by that we mean the oil industry," said Ozbek. ABI has updated its forecasts for fuel cell vehicle shipments in the study and also updated its analysis of the changing global fuel cell business environment. The study exposes regional characteristics of the automotive fuel cell sector and outlines a timeline for potential fuel cell penetration in the next ten years. The new ABI study, "Automotive Fuel Cells: Global Market Issues, Technology Dynamics, and Major Players," analyzes market opportunities for automotive fuel cells from passenger cars to buses and trucks. Niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. opportunities from fleet applications to airport ground support vehicles are also investigated. The study details the technical challenges and opportunities from both market economic and environmental perspectives. The major players in the industry are delineated de·lin·e·ate tr.v. de·lin·e·at·ed, de·lin·e·at·ing, de·lin·e·ates 1. To draw or trace the outline of; sketch out. 2. To represent pictorially; depict. 3. , along with the status of their technologies and the most likely applications in the near term, from 2002 to 2012. Allied Business Intelligence Inc is an Oyster Bay, NY-based technology research think tank founded in 1990. ABI publishes research and technology intelligence on the wireless, automotive, electronics, networking and energy industries. Details can be found at www.alliedworld.com or by calling 516-624-3113. |
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