BIS Research - Emerging Technology Market Intelligence

Global Fuel Cells Market Flourishing To Rescue The Ailing Environment

Mar 19, 2017 11:26:51 PM / by BIS Research posted in Fuel Cell Market Report, Automotive, Fuel Cell, Fuel Cell Technology, Fuel Cell Technology Market, Fuel Cells Market


Fuel cells have emerged as the saviour of our environment over the past decade. Since its inception, fuel cells have revolutionized the energy and fossil fuels consuming sectors. During the oil crisis of the 1970s, the governments of western countries, especially the United States, emphasised to develop renewable energy resources on a commercial scale, including fuel cell technologies. The developments in the fuel cell technologies and their commercialization has opened a wide horizon for their application, and some of the important sectors, which are a potential market for fuel cell technology, are transportation and power generation (TPG), and combined heat & power (CHP).

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