How much is the hydrogen fuel cell market worth?
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How much is the hydrogen fuel cell market worth?
The global fuel cell market size was valued at USD 4.1 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 23.2\% from 2020 to 2028. Increasing demand for unconventional sources of energy is one of the key factors driving the market growth.
Who makes fuel cells?
Advent Technologies Holdings, Inc. The fuel cell company manufactures basic components that track the performance of hydrogen fuel cells and other energy systems. Laurence Alexander of Jefferies on July 6 maintained an Outperform rating on Advent Technologies Holdings, Inc. (NASDAQ:ADN) with an $18 price target.
Who are fuel cells competitors?
FuelCell Energy’s top competitors include Intelligent Energy, Bloom Energy, Doosan Fuel Cell America, SFC Energy, Joi Scientific and ClearCell Power.
What sector is fuel cell?
Renewable energy
FuelCell Energy
| Type | Public company |
|---|---|
| Industry | Renewable energy, Fuel cells, Carbon capture and energy storage |
| Founded | 1969 |
| Headquarters | Danbury, Connecticut, United States |
| Key people | Jason Few, CEO and President |
What is the outlook for hydrogen fuel cells?
The hydrogen fuel cell vehicle market size was valued at $651.9 million in 2018, and is projected to reach at $42,038.9 million by 2026, growing at a CAGR of 66.9\% from 2019 to 2026.
Who is the biggest fuel cell company?
Some of the most popular hydrogen fuel cell companies are Bloom Energy Corporation (NYSE:BE), FuelCell Energy, Inc. (NASDAQ:FCEL), Plug Power Inc. (NASDAQ:PLUG), Cummins Inc. (NYSE:CMI), and Ballard Power Systems Inc.
How many employees does fuel cell have?
301
Compare FCEL With Other Stocks
| FuelCell Energy Annual Number of Employees | |
|---|---|
| 2019 | 301 |
| 2018 | 489 |
| 2017 | 458 |
| 2016 | 580 |