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By 2013 the World Market for the Fuel Cell Industry is Expected to be worth USD18.6 Billion.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c35166) has announced the addition of Fuel Cell Technology and Market Potential 2006 to their offering.

"The global fuel cell industry is expected to generate more than $18.6 billion in 2013. Fuel cell sales will come from three main market applications: automotive, stationary, and portables. projected sales could generate nearly $35 billion if market conditions improved for automotive fuel cells."

This comprehensive new report explains the fuel cell market, identifies the current and future state of the fuel cell industry, and details industry initiatives and potential.

It includes a special section on Micro Fuel Cell Technology and Potential

Excerpt ex·cerpt  
n.
A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film.

tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts
1.
 

Fuel cells provide direct current (DC) voltage that can be used to power motors, lights, or electrical appliances. Like batteries, fuel cells can be recharged while operating. They compete with other types of energy conversion devices such as gas turbines in power plants, gasoline engines gasoline engine: see internal-combustion engine.
gasoline engine

Most widely used form of internal-combustion engine, found in most automobiles and many other vehicles.
 in vehicles, and batteries in laptop computers. Fuel cells have the potential to become the dominant technology for automotive engines Automotive engine

The component of the motor vehicle that converts the chemical energy in fuel into mechanical energy for power. The automotive engine also drives the generator and various accessories, such as the air-conditioning compressor and power-steering
, power stations, and power packs for portable electronics.

The percentage of fuel cell units manufactured and sold by technology type has remained fairly steady in recent years. Overall, the market continues to be dominated by PEMFC PEMFC Proton Exchange Membrane Fuel Cell , the most flexible and market-adaptable fuel cell technology. However, other types of fuel cells are slowly gaining acceptance, creating a more dynamic and robust industry. At the larger end of the fuel cell scale, molten carbonate cells are dominant, with FuelCell Energy selling the most MCFCs. Solid oxide cells are still struggling to make the jump from the research lab to the market and to find practical applications.

Phosphoric acid fuel cell Phosphoric acid fuel cells (PAFC) are a type of fuel cell that uses liquid phosphoric acid as an electrolyte. The electrodes are made of carbon paper coated with a finely-dispersed platinum catalyst, which make them expensive to manufacture.  unit numbers remained practically unchanged in 2005, and thus the cumulative market share went down, but this trend is expected to change within two years when UTC (Coordinated Universal Time, Temps Universel Coordonné) The international time standard (formerly Greenwich Mean Time, or GMT). Zero hours UTC is midnight in Greenwich, England, which is located at 0 degrees longitude.  releases a new enhanced PAFC PAFC Phosphoric Acid Fuel Cells
PAFC Plymouth Argyle Football Club (UK)
PAFC Port Adelaide Football Club
 with a lifespan of 80,000 operating hours, the highest in the market.

A relatively new battleground is the residential or small stationary market. This is, in reality, two separate markets, and some companies are entering the fray with a focus on either back-up and premium power or on residential power, rather than trying to sell into both markets. The main technology is proton exchange membrane A proton exchange membrane (PEM) is a semipermeable membrane generally made from ionomers and designed to conduct protons while being impermeable to gases such as oxygen or hydrogen. , and a majority of units sold through 2005 were PEMFC. SOFC SOFC Solid Oxide Fuel Cell  has a small but significant market share in this sector, and there has been talk of early commercialization by several SOFC companies.

Finally, the small portable and portable electronic markets are dominated almost entirely and in equal shares by PEMFC and DMFC DMFC Direct Methanol Fuel Cell  technologies. Currently, DMFC has an edge, due to the market activities of one or two large companies. Several other technologies are also under investigation for use in small portable and portable electronic devices.

Emerging fuel cell applications in the areas of transportation, industry, the home, and consumer products speak to the enormous potential for this technology. Another important application for renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation.  is in the area of space travel. Since fuel cells do not rely on combustion, and thus do not produce air pollutants pollutants

see environmental pollution.
 such as NOx (nitrogen oxides Noun 1. nitrogen oxide - any of several oxides of nitrogen formed by the action of nitric acid on oxidizable materials; present in car exhausts
pollutant - waste matter that contaminates the water or air or soil
), SO2 (sulfur dioxides sulfur dioxide, chemical compound, SO2, a colorless gas with a pungent, suffocating odor. It is readily soluble in cold water, sparingly soluble in hot water, and soluble in alcohol, acetic acid, and sulfuric acid. ), or particulates, fuel cell use can substantially reduce pollution caused by emissions as well as reduce oil dependency. Prices for operation will remain vulnerable to natural gas supplies, as most fuel cells currently employ natural gas, but this will change if/when a hydrogen economy is established.

Topics Covered

--Overview

--How a Fuel Cell Works

--Parts of a Fuel Cell

--Types of Fuel Cells

--Comparison of Fuel Cell Types

--Hydrogen Production Sources

--Industry Challenges

--Cost

--Endurance and Reliability

--Onboard Storage

--System Size

--Fuel Flexibility

--Air, Thermal, and Water Management

--Hydrogen Availability

--Performance

--System Integration

--Improved Heat Recovery Systems

--Safety Concerns

--Lack of Innovative Technical Development

--Public Acceptance

--Transportation Application Challenges

--Regulatory Issues

--Fuel Cell R&D

--Micro Fuel Cell Technology

--Key Issues in the Micro Fuel Cells Market

--Commercialization of Micro Fuel Cells

--DOE Initiatives

--Transportation Systems

--Stationary Systems

--Fuel Processors

--Portable Power/APUs/Off-Road Applications

--Stack Components

--Industry Initiatives

--Micro Fuel Cells

--Transportation

--Portable Power

--Hydrogen Infrastructure

--New Fuels

--Industrial Applications

--Power Generation

--Military

--Wastewater Treatment Plants

--Residential Applications

--Telecommunication Systems

--Overall Market Potential and Forecast

--Fuel Cell Industry Participants

--Companies

--Government Links

--University Sites

--Miscellaneous

--Current News

--Glossary

For more information visit http://www.researchandmarkets.com/reports/c35166
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 4, 2006
Words:726
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