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Research and Markets: Fuel Cell Components Market Forecast to reach $100 billion in 2013.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c20103) has announced the addition of Fuel Cell Components Market Opportunities, Strategies, and Forecasts, 2005 to 2013 to their offering.

At the time the war in Iraq ended, the army and military had only a three-day supply of batteries left. The military had raided battery stores from bases all over the world; the battery factories were working 24 hours per day. There is significant incentive to develop fuel cells as a replacement for batteries. This fuel cell market will develop first.

The handheld digital device power markets will develop much faster because the units are disposable, the technology is easier, and the markets are likely to develop faster. Handsets for wireless communications wireless communications

System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data.
 are replaced on average every 19 months. Thus, the fuel cell power device does not have to have the reliability capabilities that the automotive fuel cells need to have to be competitive.

Micro fuel cells are used to replace batteries. Smart Fuel Cell AG SFC SFC
abbr.
sergeant first class
 fuel cell cost reduction (SFC) has reached an important breakthrough in reducing the costs of micro fuel cells. A new membrane allows substitution of at least 50 percent of the expensive catalytic platinum.

The market driving force for fuel cells is the reality that fossil fuels are running out, and ultimately too expensive as an energy source. Wind and solar energy solar energy, any form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun.  can be used to generate electricity, but the electricity is fleeting, it needs to be stored. Hydrogen is an effective storage means for electrical power. But hydrogen needs to be manufactured so that there is an energy source.

Manufacturing costs for fuel cell components make systems too expensive to be competitive at the current time. Investment is needed to decrease the component costs. Economies of scale are needed to make fuel cells competitive.

Fuel cell components are enabling fuel cell commercialization. Strategic suppliers to Ballard Power Systems Ballard Power Systems (TSX: BLD, NASDAQ: BLDP), located in Burnaby, British Columbia -- a suburb of Vancouver -- is a company that designs, develops, and manufactures zero emission proton-exchange-membrane fuel cells.  are the most important component market participants as Ballard is a world leader in the development and commercialization of PEM (Privacy Enhanced Mail) A standard for secure e-mail on the Internet. It supports encryption, digital signatures and digital certificates as well as both private and public key methods. Not widely used, work on PEM later evolved into S/MIME. See MIME.  fuel cells.

The fuel cell component markets are expected to be $171 million in 2004 as products being to teach the market commercially in all three categories of offerings: micro fuel cells to replace batteries, residential and backup power An additional power source that can be used in the event of power failure. See UPS and backup.


A Half Minute of Backup
This roomful of lead acid batteries stands ready to drain itself entirely in less than a minute.
 units, in busses, and in the personal transport markets. If the advances promised by current trends are accomplished, the fuel cell component markets reach $100 billion in 2013 for the combined segments.

Check out these key topics covered:

Fuel Cell Component Market Share Analysis

Fuel Cell Component Membrane Electrode electrode, terminal through which electric current passes between metallic and nonmetallic parts of an electric circuit. In most familiar circuits current is carried by metallic conductors, but in some circuits the current passes for some distance through a  Assembly (MEA's) Forecasts

Market Driving Forces for Fuel Cell Components

Polymer Electrolyte electrolyte (ĭlĕk`trəlīt'), electrical conductor in which current is carried by ions rather than by free electrons (as in a metal).  Fuel Cell (PEFC PEFC Polymer Electrolyte Fuel Cell
PEFC Programme for the Endorsement of Forest Certification schemes
PEFC Pan European Forest Council
)

Hydrogen Flow

Fuel Cell

Component Description

Aspects

Basic Reactions

Vehicle Technology

Chemistry

Stack Issues

Types of Fuel Cell Technology

Direct Methanol Fuel Cell Direct-methanol fuel cells or DMFCs are a subcategory of proton-exchange fuel cells where, the fuel, methanol (CH3OH), is not reformed, but fed directly to the fuel cell.  Technology

Inside The PEM Fuel Cell

Storing Hydrogen

Hydrogen Supply and Container Infrastructure

Companies mentioned in the report include:
-         PEMEAS
-         Johnson Matthey
-         Solvay
-         DuPont
-         W. L. Gore and Associates
-         Altair Nonomaterials
-         Asahi Galss
-         Ballard
-         Dow Chemical Company
-         E-TEK
-         GrafTech International
-         Hoku Scientific
-         ICM Plastics'
-         Millenium
-         Mechanical Technology Incorporated (MTI)
-         NEC Corporation
-         SGL Technologies
-         Smart Fuel Cell
-         Toshiba


For more information visit http://www.researchandmarkets.com/reports/c20103
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 30, 2005
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