Released on: May 30, 2008, 2:32 am

Press Release Author: Shushmul Maheshwari

Industry: Energy

Press Release Summary: RNCOS new Market Research Report, \"Fuel Cell Industry
Analysis\" focuses on the growing marketplace for fuel cell industry at global as
well country level and analyzes the current market trends, applications, technology
and growth prospects of the fuel industry.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
\"Fuel Cell Industry Analysis\" to its report gallery. The report focuses on the
growing marketplace for fuel cell industry at global as well country level and
analyzes the current market trends, applications, technology and growth prospects of
the fuel industry.

As per the report, although fuel cell technology has yet to go to masses, it is
seeing growth across different countries. 2006 saw the dominance of Europe as a fuel
cell manufacturer followed by Japan. Transportation & Stationary remains the largest
application area for the fuel cell technology, but the future growth of fuel cell
vehicles largely depends upon hydrogen infrastructure, government policies and
consumer behavior.

The forecast given in the report is based on a correlation between previous drivers
and growth of basic factors, such as fuel cell demand and industrial production
performance.

Key Findings

- Being at nascent stage, fuel cell industry is highly dependent on funding from
government sources. To remain competitive with conventional sources, huge R&D is
required for development purposes.
- Western markets are expected to be the early adopters of fuel cell technology as
advanced environment regulations, high energy cost, and environmental pressure will
change the consumer behavior.
- In 2006 total new units jumped to well over 7,000 with the cumulative total over
20,000. In terms of development by application, all sectors experienced gains with
the niche transport sector and portable in particular exhibiting strong growth.
- Year 2006 saw the dominance of Europe as a fuel cell manufacturer, with North
America crashing to less than a fifth of all new units developed.
- To ensure the successful introduction of commercialization phase, vast improvement
in infrastructure is required.

Key Issues & Facts Analyzed

- What is the status of applications, technology and infrastructure of the fuel cell
industry?
- What are the potential applications for the fuel cell technology?
- What is the market share of the global fuel cell industry by type?
- What are the driving forces and challenges for the industry?
- What are the future opportunities for the fuel cell technology?
- What are the potential fuel cell markets at regional as well as country level?

Key Players

This section provides the overview and financials of several players like Daihatsu,
General Motors, Hyundai Motor Company, etc.

Research Methodology Used

Information Sources
Information has been sourced from many sources like, books, newspapers, trade
journals, and white papers, industry portals, government agencies, trade
associations, industry news and developments, and through access to more than 3000
paid databases.

Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause and
effect analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://rncos.com/Report/IM102.htm
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