TechNavio today launched its Global Military Fuel Cell Market 2010-2014 report based on an in-depth study covering the Americas and the EMEA and APAC regions.
London, UK, December 23, 2011 -- TechNavio today launched its Global Military Fuel Cell Market 2010-2014 report based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aids decision makers’ understanding of the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio’s Cleantech team said, “A large amount of money is being invested in the R&D part of the Global Military Fuel Cell market. For instance, in Germany, there are more than 65 institutes involved in fuel cell technology research work. Most of the universities and governmental organizations are involved in military fuel cell research, and US$2.68 billion is being kept aside for R&D purposes in Germany for the next 10 years. In addition to R&D, some of these organizations are also involved in hydrogen production, delivery and storage, safety code and standard analysis, and fuel cell technology validation.”
According to the report, the Global Military Fuel Cell market is expected to grow at a rapid pace in the future because of some thriving factors in the market. One of the major factors driving the market is the variety of functional benefits provided by fuel cell to military, including the reduced noise, increased reliability, and improved performance.
Further, the report also discusses the challenges with the high cost of these cells in comparison to other technologies.
The contents of this report are based on research conducted on an objective combination of primary and secondary scores, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://www.technavio.com/content/global-military-fuel-cell-market-2010-2014 or follow us on Twitter @Technavio.
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