Deloitte Forecasts Increased Fuel Cell-based Products for 2005.
According to the company, Deloitte technology partner Nick Griffin has predicted that since fuel cells are able to be developed in various sizes and provide enough power for several days of continuous use, use of the technology will become more prevalent in portable devices and applications.
"There are still some significant challenges to fuel cell adoption, including restrictions on fuel cell use in airplanes," said Griffin. "But these barriers are steadily being overcome. The market in 2005 will be small, probably measured in tens of millions of dollars, but is likely to grow vigorously once consumer electronics manufacturers get on board."
Deloitte said Griffin noted that manufacturers must establish practical distribution networks and accelerated development pipelines in order for fuel cells "to reach their maximum potential."
Contact: Jo Ouvry, Deloitte, phone +44-020-7303-0587, website http://www.deloitte.com.
(EIN STAFF: 4/12)
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|Publication:||Fuel Cells Today|
|Date:||Apr 21, 2005|
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