Fuel Cell Market Prospects Bullish as Clean Energy Investments Grow
Verfasser: ashwani_kailiya on Wednesday, 23 January 2019Growing focus on sustainability and efficiency among end-users is driving the demand for fuel cells globally. The fuel cell market is benefiting from growing interest in alternative and unconventional sources of energy. Key benefits of fuel cells, especially their ability to generate electricity from different sources, is one of the key factors driving growth of fuel cell market.
The fuel cell market is likely to be positively influenced by growing focus of governments around the world to tap into cleaner sources of energy. The fuel cell market is likely to be positively driven by growing investments by governments. However, considering the fact that harnessing energy from alternative sources entails development of adequate technology, capital intensive nature of fuel cell systems remains a key challenge. In addition to these factors, the other key challenges faced by stakeholders in fuel cell market include operating cost and unavailability of raw materials.
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