Global Stationary Fuel Cell System Market Size, Trends, and Analysis- Forecasts To 2026

Gmeglobalmarket18 Jan, 2021Business

The Global Stationary Fuel Cell System Market will grow at a CAGR value of 12.30% during the forecast period. The growing demand for alternative sources of energy, rising awareness about carbon emission, and deploying of cleaner energy technologies are some of the major factors driving the market positively during the forecast period. According to data published by the Fuel Cell & Hydrogen Energy Association, the United States installed approximately 550 megawatts (MW) of stationary fuel cells in 2020. The rapid expansion of smart cities and industrialization are supporting market growth.

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