Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Bharatbook.com : Integration of Nanotechnology Will Enhance Fuel Cells Market Potential

Abstract:
Bharatbook.com added a new report on "The Global Fuel Cells Market: Key Trends and Growth Opportunities up to 2015" which gives price, huge demand and the factors which are Driving the Fuel Cells Market.

Bharatbook.com : Integration of Nanotechnology Will Enhance Fuel Cells Market Potential

India | Posted on January 4th, 2010

This report gives an in-depth analysis of Global fuel cells market and provides growth opportunities up to 2015. The research analyzes the growth and evolution of the Global fuel cells market up to 2008 and gives historical statistics for 2001-2008. This research analyzes the market scenarios for this technology and regulatory policies that govern them. This coupled with elaborate country profiles of key market give a comprehensive understanding of the market scenario.

Fuel Cells Market is Expected to Commercialize by 2013-2015

Demand for non-toxic-substance-based energy storage is expected to accelerate the demand for stationary fuel cells in the coming decade. Technological advancements and an increase in sales are expected to bring the cost of fuel cells down. As a result, the technology is expected to become commercialized by 2013-2015. Commercialization of the market will lead to rise in number of fuel cell installations in 2015 which are expected to exceed hundreds of thousands units.

Fuel Cells Market is in its Nascent Stage of Development

Despite the various advantages of the technology, the fuel cell market is yet to be a part of the mainstream market mainly due to its high cost and lower durability in comparison to grid power. Since the market is in its development phase the fuel cell industry has large number of manufacturers. This is primarily because most of the technological developments are taking place in universities or government laboratories which further spin out as new business units and seek private equity and venture funding from established corporations.

Integration of Nanotechnology Will Enhance Fuel Cells Market Potential

Nanotechnology is providing increased durability to fuel cells and is making its costs competitive with traditional sources of power generation. In 2008, more than 2,100 organizations engaged in the development of nanotechnology for fuel cells and hydrogen energy, spent more than $4.7 billion on this research. Fuel cell technology development coupled with integration of nanotechnology will provide the fuel cell market with greater reliability, durability, and power, at a lower cost along with the advantages of lower emissions and fuel saving.

Price of Fuel Cell Installations is Expected to Go Down in the Future

The price of fuel cells is expected to decrease in the near future as production increases in response to the government support in terms of subsidies and coordinated R&D, coupled with technological development in making fuel cell manufacturing more profitable. The mass production of fuel cell vehicles is not expected to gather momentum before 2015 although many producers will manufacture about 100 vehicles per year for fleet demonstration. This delay in mass production of fuel cells is mainly due to the lack of appropriate infrastructure to support the development. Though various countries are taking steps towards the development of hydrogen fueling stations inadequate infrastructure will push further commercialization of fuel cell market till 2015. Even with this hurdle the fuel cell installations costs will come down because of the technological developments and government support mechanisms.

Environmental Concerns Are Driving the Fuel Cells Market

Fuel cells are an emission free power sources used for vehicles, potable devices, and residential, commercial, and industrial purposes. Lead-acid batteries, traditionally used for energy storage contain toxic waste such as lead, which need to be effectively disposed of at the end of the life of a system. The growing need to curb toxic wastes therefore drives interest into alternate energy solutions such as fuel cells due to their emission-free nature. The rising energy demand boosts the need for clean sources of power generation which in turn gives way to fast paced development of the fuel cells market.

Lack of Infrastructure is Hampering Market Development

The global market for power supply systems does not have the adequate infrastructure required to transport, distribute, and store fuel cell systems and the fuels used in them. As a result, the fuel cells market is unable to cater effectively to the growth in demand for systems. Fuel cell vehicle manufacturers also anticipate infrastructure as the primary bottleneck in the development of technology. Hydrogen fuelling stations are slow to develop and are also expensive which adds to the challenges for the technology.

Investments Are Pooling in for Fuel Cell Development

Global fuel cell industry is attracting a large pool of investments primarily due to the huge demand potential the industry possesses. Since the fuel cell technology is being promoted by the governments across the globe in form of subsidies, financial incentives, and tax benefits, more and more investors are putting in money in the sector. During 2002 to 2009 the fuel cells market has attracted the investment of more than $663m in the form of equity financing, private placement, private equity, venture financing, and so on. Investments peaked in 2004 when the industry received investments of about $170.3m which resulted in an increased number of installations coming online in 2005. The investments decline during 2008 and 2009 as a result of economic crisis but it is expected that the fuel cells market will attract more investors once the economy recovers.

To know more and to buy a copy of your report feel free to visit:

www.bharatbook.com/detail.asp?id=129701&rt=The-Gl

####

About Bharatbook.com
Bharat Book Bureau is the leading business information aggregator providing market research reports and online databases. Bharatbook is also into the business of marketing conferences worldwide and undertakes custom research.

For more information, please click here

Contacts:
Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email:
Website: www.bharatbook.com
Blog: bharatbookresearch.blogspot.com
Follow us on twitter: twitter.com/3bbharatbook

Copyright © PRlog

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Advantest to Exhibit at SEMICON Korea in Seoul, South Korea February 4-6 Showcasing Broad Portfolio of Semiconductor Products, Technologies and Solutions January 29th, 2015

Park Systems Announces Innovations in Bio Cell Analysis with the Launch of Park NX-Bio, the only 3-in-1 Imaging Nanoscale Tool Available for Life Science Researchers January 29th, 2015

2015 Nanonics Image Contest January 29th, 2015

Iranian Scientists Use MOFs to Eliminate Dye Pollutants January 29th, 2015

Investments/IPO's/Splits

Malaysian Nanotechnology Company Nanopac Innovation Ltd. lists on the NSX January 19th, 2015

Aspen Aerogels, Inc. to Present at the Needham Growth Conference January 8th, 2015

Blend Therapeutics Secures $21 Million Financing and Unveils Novel Pentarin™ Platform for Cancer Therapeutics: Company’s Technology and Expertise in Cancer R&D Evolve to Create New Class of Miniaturized Biologic Drug Conjugates (mBDCs) Encapsulated in Nanoparticles January 8th, 2015

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 2, 2015 January 7th, 2015

Announcements

Advantest to Exhibit at SEMICON Korea in Seoul, South Korea February 4-6 Showcasing Broad Portfolio of Semiconductor Products, Technologies and Solutions January 29th, 2015

Park Systems Announces Innovations in Bio Cell Analysis with the Launch of Park NX-Bio, the only 3-in-1 Imaging Nanoscale Tool Available for Life Science Researchers January 29th, 2015

2015 Nanonics Image Contest January 29th, 2015

Iranian Scientists Use MOFs to Eliminate Dye Pollutants January 29th, 2015

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Discovery Channel taps Angstron Materials for segment featuring graphene advances January 29th, 2015

Asteroid Mining 101: A New Book by World-Renowned Expert Dr. John S. Lewis - Exclusive Sneak-Peek Opportunity for Book Reviewers and Media January 29th, 2015

Los Alamos Develops New Technique for Growing High-Efficiency Perovskite Solar Cells: Researchers’ crystal-production insights resolve manufacturing difficulty January 29th, 2015

Iranian Scientists Use MOFs to Eliminate Dye Pollutants January 29th, 2015

Environment

Iranian Scientists Use MOFs to Eliminate Dye Pollutants January 29th, 2015

Detection of Heavy Metals in Samples with Naked Eye January 26th, 2015

Magnetic Nanosorbents Able to Eliminate Chemical Contaminants January 19th, 2015

Malaysian Nanotechnology Company Nanopac Innovation Ltd. lists on the NSX January 19th, 2015

Energy

Los Alamos Develops New Technique for Growing High-Efficiency Perovskite Solar Cells: Researchers’ crystal-production insights resolve manufacturing difficulty January 29th, 2015

Carbon nanoballs can greatly contribute to sustainable energy supply January 27th, 2015

Visualizing interacting electrons in a molecule: Scientists at Aalto University and the University of Zurich have succeeded in directly imaging how electrons interact within a single molecule January 26th, 2015

Iranian Researchers Boost Solar Cells Efficiency Using Anti-Aggregates January 26th, 2015

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Nexeon Board Changes Announced January 29th, 2015

'Bulletproof' battery: Kevlar membrane for safer, thinner lithium rechargeables January 28th, 2015

Toyocolor to Launch New Carbon Nanotube Materials at nano tech 2015 January 24th, 2015

Smart keyboard cleans and powers itself -- and can tell who you are January 21st, 2015

Fuel Cells

New concept of fuel cell for efficiency and environment: It grasps both performance efficiency and removal of toxic heavy metal ions in direct methanol fuel cells January 5th, 2015

Toward a low-cost 'artificial leaf' that produces clean hydrogen fuel December 3rd, 2014

Single-atom gold catalysts may offer path to low-cost production of fuel and chemicals November 28th, 2014

National Synchrotron Light Source II Achieves 'First Light' October 23rd, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE