Global market leading company (GlobalMarketsDirect) on February 12, 2010 release, “global fuel cell market: 2015 key trends and development opportunities,” a report that fuel cells will be commercialized in 2013.
Technological advances and sales expected to rise would reduce the cost of fuel cells, which would make this technology by 2013 to 2015 to become commercially viable.
While this technique has many advantages, but the fuel cell market is still part of the mainstream market, mainly because of its power compared with the Internet, high cost, low durability.
Nanotechnology will enable fuel cells to improve durability and make it cost to send power to compete with the traditional. According to the global market leading company statistics, as of 2008, has more than 2,100 organizations engaged in the hydrogen used in fuel cells and nano-technology development, investment in research funding over 4.7 billion U.S. dollars.
Fuel cell technology development and the combination of nanotechnology, fuel cell market will be able to provide large reliability, durability and power, so reducing costs and with low emissions and fuel economy advantages.
Forecast that, although many manufacturers produce about 100 a year for road vehicles validation, but is expected by 2015, fuel cell cars are still not mass production, mainly a lack of appropriate infrastructure to support this development.
Fuel cells are used in automotive, portable facilities, and residential, commercial and industrial purposes does not discharge power.
2002 to 2009, the fuel cell market has attracted investment of over 633 million U.S. dollars in 2004, culminated in investment, industrial investment of about $ 170,300,000. Into 2010, once the economy recovers, the fuel cell will attract more investment.
U.S. fuel cell market in a rapid development momentum, the end of 2009, set a total of 620 fuel cells, development of the main driving force is the government’s support, the Government encourages the development of clean energy. Some plans, such as the Energy Policy Act of 2005, investment tax credits in various stages of relief and fuel cell market transformation project will further promote the U.S. fuel cell market.
In addition, South Korea, promising fuel cell market, though still in its infancy, but because of government support policies, is expected in the near future will be rapid development. South Korea has about nine fuel cell facilities at different stages of development.