A Protonic Ceramic Fuel Cell (PCFC) is a form of fuel cell that is unique. The PCFC material has a high protonic conductivity that is visible at high temperatures. In the presence of water, hydrocarbon fuel is used as an anode in PCFC. This fuel is then broken down further into carbon dioxide, electrons, and protons, which go through the ceramic layer to the cathode. At 700 °C, PCFC shares the kinetic and thermal benefits of high-temperature operation. To achieve great electrical fuel economy, a high working temperature is required. PCFC is predicted to become the next-generation power system because to its low pollution emissions and high conversion efficiency.
MARKET DYNAMICS
The global protonic ceramic fuel cell market is growing due to factors such as new hydrogen storage technologies, the demand for more resilient energy systems, and increased corporate and public investments. Its benefit over backup power solutions, as well as its higher energy density than a battery, are propelling the total market forward. However, market growth is constrained by reasons such as fuel infrastructure, fuel cell durability, and the high cost of catalysts. During the projected period, cheaper metals, rising demand for fuel cell vehicles, and emerging new technologies are expected to provide new growth prospects for this market.
MARKET SCOPE
The "Global Protonic Ceramic Fuel Cell (PCFC) Market Analysis to 2028" is a specialized and in-depth study of the protonic ceramic fuel cell (PCFC) market with a special focus on the global market trend analysis. The report aims to provide an overview of the protonic ceramic fuel cell (PCFC) market with detailed market segmentation by type, application, and geography. The global protonic ceramic fuel cell (PCFC) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading protonic ceramic fuel cell (PCFC) market players and offers key trends and opportunities in the protonic ceramic fuel cell (PCFC) market.
MARKET SEGMENTATION
The global protonic ceramic fuel cell (PCFC) market is segmented based on type and application. Based on type protonic ceramic fuel cell (PCFC) market is segmented into PEMFC, AFC, MCFC, SOFC, DMFC and PAFC. Based on application, protonic ceramic fuel cell (PCFC) market is segmented into transport, stationary and portable.
IMPACT OF COVID-19 ON PROTONIC CERAMIC FUEL CELL (PCFC) MARKET
The unexpected breakout of the new coronavirus has severely disrupted global industrial activities. The number of instances affected has been steadily increasing, prompting several countries to implement a variety of countermeasures such as national lockdowns and social isolation. As a result of the global pandemic, the shutdown of industrial operations has had a significant impact on the market. Growing apprehensions about investing in new projects, restrictions on cross-border trade, deficiencies in required capitals, preventive government measures lowering the workforce, and a slew of other obstacles have all hampered the industry's expansion. For example, the International Energy Agency (IEA) predicted in May 2020 that global investment in the oil and gas industry would plummet by around 33% in 2020 compared to the previous year due to the global financial crisis.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Protonic Ceramic Fuel Cell (PCFC) Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Protonic Ceramic Fuel Cell (PCFC) Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Protonic Ceramic Fuel Cell (PCFC) Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the protonic ceramic fuel cell (PCFC) market in these regions.
MARKET PLAYERS
The reports cover key developments in the protonic ceramic fuel cell (PCFC) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from protonic ceramic fuel cell (PCFC) market are anticipated to lucrative growth opportunities in the future with the rising demand for protonic ceramic fuel cell (PCFC) market. Below mentioned is the list of few companies engaged in the protonic ceramic fuel cell (PCFC) market.
The report also includes the profiles of key protonic ceramic fuel cell (PCFC) market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Sunrise Power Solutions
-Ballard Power Systems
-PLUG POWER INC
-FuelCell Energy
-Hydrogenics, Pearl Hydrogen Technology Co. Ltd
-Nedstack, Hyster-Yale Group
-Intelligent Energy Limited,
-TW Horizon Fuel Cell Technologies
-Intelligent Energy
-Nuvera fuel cells