Alkaline Fuel Cell (AFC) Market Trends, Business Overview, Industry Growth and Forecast to 2028

The Alkaline Fuel Cell (AFC) market is projected to grow at a CAGR of 7.43% during  forecast period 2017-2028. Alkaline fuel cells (AFCs) are a type of fuel cell that uses alkali as an electrolyte. Aqueous potassium hydroxide, along with sodium borohydride or hydroxylamine, is one of the common electrolytes used in AFC-based fuel cell stacks. They are also known as “aqueous fuel cells”, “oxy-hydrogen cells” or “alkaline water fuel cells”. Growing demand for fuel cell electric vehicles and growing government support across the region factors driving the market.

 

Key Players

 

• Johnson Controls
• Dupont Fuel Cell
• GS Yuasa
• Fuel Cell Energy
• Bloom Energy
• Toshiba
• Samsung SDI
• AFC Energy
• Ballard Power Systems
• Hitachi Ltd
• Delphi
• Panasonic Corp
• Doosan

 

Market – Segmentation

By Type

• Circulating Electrolyte Alkaline Fuel Cell
• Fixed Electrolyte Alkaline Fuel Cell
• Dissolved Fuel Alkaline Fuel Cell

 

By Application

• Fuel Cell Taxi & Boat
• Generator and Golf Car
• Other

 

Scope of the Report

 

The research study analyses the Global Alkaline Fuel Cell (AFC) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

 

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage 

 

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

 

Key Questions Answered by Alkaline Fuel Cell (AFC) Market Report :

1. What was theAlkaline Fuel Cell (AFC) Market size in 2020and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Alkaline Fuel Cell (AFC) Marketduring the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in theAlkaline Fuel Cell (AFC) Market was the market leader in 2021s?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.