Pike Releases Report on Portable Fuel Cell Market
“Dozens of niche applications will drive the growth of the fuel cell market over the next several years,” said Clint Wheelock, managing director of Pike. “Manufacturers are increasingly finding that fuel cell technologies are an attractive alternative to batteries and small generators for portable power applications.” According to Wheelock, the commercialization of portable fuel cells is receiving a significant boost from government funding and direct orders for various military and industrial applications.
Pike Research forecasts that the leading market segment by 2016 will be fuel cells in the 500 watt to 2 kilowatt range, which serve as a replacement for gasoline and diesel generators and are used in watercraft, combat support systems, and auxiliary power units. The 100-500 watt power level will be the second-largest segment; this category has applications for first-responder battery charging, power tools and unmanned vehicles.
For more information, call (303) 284-9609 or visit www.pikeresearch.com.