Annual Revenue from Fuel Cells Systems is Expected to Reach Nearly $57.8 Billion by 2023, According to Navigant Research

By | January 13, 2015

A report from Navigant Research provides a global analysis of major developments and trends in the fuel cell industry, including global market forecasts for fuel cell systems, capacity shipped, and system revenue through 2023. Growth in the fuel cell market continues to accelerate, after 2013 and 2014 saw rising demand in portable, transportation, and stationary applications in particular. Stationary applications, which vary widely by country and region, include utility-scale, industrial/commercial building, and residential power fuel cells.

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