Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Alkaline Fuel Cell Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.
Fuel
cell converts chemical energy into electrical energy by a chemical reaction
with oxidizing agent. There are many types of fuel cells consisting of anode,
cathode and electrolyte which help the charges to move between two sides of the
fuel cells. Alkaline Fuel Cell or AFC uses alkaline electrolyte and is also
known as Bacon fuel cell. It is one of the most developed and cheapest fuel
cell technologies.
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The
Alkaline Fuel Cells are used since 1980s they have high power density and have
long lifetime in certain applications which increase its usage in different
areas. Some of the major factors responsible for the growth of fuel cell market
are its better efficiency than PEM fuel cell in moderate conditions, quick
start at sub-zero temperature, high conductivity compared to other fuel cells
and low cost of electrodes. The growth of AFC market slowed down after the
arrival of Polymer Electrolyte Membrane (PEM) fuel cell due to its lower power
density. It is easily poisoned by carbon dioxide which affects cell’s
operation. This requires purification of hydrogen and oxygen used in the cell
making it a costly process. The alkaline Fuel Cell market has potential to
succeed in certain market due to better efficiency in niche applications. More
R&D activities in this technology will help to refine its application and
usage and will turn into successful market offerings.
Alkaline
Fuel Cell is mainly used in three types of markets. As backup power for
communication towers in stationary market, as auxiliary power for worksites,
boats in portable market and as electric vehicles, golf cars, fork lift
vehicles in transportation market. The AFC was used in Apollo series to provide
electricity on-board of the shuttle. This fuel cell consumes hydrogen and pure
oxygen and produces hot water as waste product which can also be used for
drinking by astronauts.
Some
of the key players in the AFC market are Fuel Cell Energy, Bloom Energy,
Toshiba, AFC Energy Plc and Ballard Power Systems Inc.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
·
North America
·
Asia Pacific
·
Europe
·
Rest of the World
This report provides comprehensive analysis of
·
Market growth drivers
·
Factors limiting market growth
·
Current market trends
·
Market structure
·
Market projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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