Advent Technologies Holdings Inc (ADN)

[WeTheMarket]

Fuel Cells Market For Industrial and Military Applications to increase by USD 1.17 billion between 2023 to 2028; Acumentrics Inc., Advent Technologies Holdings Inc., Air Liquide SA, and more among key companies - Technavio
Global Fuel Cells Market For Industrial and Military Applications Market 2024-2028
16 Nov, 2023, 17:35 ET
https://www.prnewswire.com/news-releases/fuel-cells-market-for-industrial-and-military-applications-to-increase-by-usd-1-17-billion-between-2023-to-2028-acumentrics-inc-advent-technologies-holdings-inc-air-liquide-sa-and-more-among-key-companies---technavio-301991050.html

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- The fuel cells market for industrial and military applications size is expected to grow by USD 1.17 billion from 2023 to 2028. In addition, the growth momentum of the market will progress at a CAGR of 14.11% during the forecast period, according to Technavio. Growing demand for efficient and cleaner technologies is notably driving the fuel cells market for industrial and military applications. However, factors such as high implementation costs of fuel cells may impede the market growth. The market is segmented by End-user (Industrial and Military), Product (PEMFC, PAFC, SOFC, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the fuel cells market for industrial and military applications including Acumentrics Inc., Advent Technologies Holdings Inc., Air Liquide SA, AISIN CORP., Altergy Systems, Australian Fuel Cells Pty Ltd., Ballard Power Systems Inc., Bloom Energy Corp., Doosan Corp., Elevator World LLC, FuelCell Energy Inc., GenCell Ltd., Hyster Yale Materials Handling Inc., Intelligent Energy Ltd., Nedstack Fuel Cell Technology BV, Plug Power Inc., Redox Power Systems LLC, SFC Energy AG, Toshiba Corp., and TW Horizon Fuel Cell Technologies