Phosphoric acid fuel cells (PAFCs) are the first economical fuel cells appropriate for stationary applications. PAFCs catalyst is formed by using platinum and uses liquefied phosphoric acid as electrolyte. These fuel cells are 40% to 50% effective and proficiency can be improved. The usual life cycles of PAFCs are around 40,000hr to 65,000hr. It can function by using renewable energy, variety of fuels and fossil fuels. They are considered as the most mature fuel cell categories and first group of modern fuel cells.

Market Dynamics

Fuel cells permit more KWH storing than batteries of similar weight, hence, more inclination towards PAFCs are seen over batteries. However, expensive cost for early manufacturing may restraint the growth of PAFCs market. Increase in investment from companies and governments towards this commerce are expected to boost growth of this market in near future.

Market Classification

The market can be bifurcated on the basis of product, end user and geography. By product, phosphoric acid fuel cell (PAFC) market can be segmented into hydrogen fuel, alcohol fuel and other. By end user, phosphoric acid fuel cell (PAFC) market can be segmented intopower plant, large vehicles and other. On the basis of geography, the phosphoric acid fuel cell (PAFC) marketcan be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved inphosphoric acid fuel cell (PAFC) market include Johnson Controls, Hitachi Ltd, Bloom Energy, Dupont Fuel Cell, Panasonic Corp, Aptiv PLC, Ballard Power Systems Inc., SFC Energy AG, Samsung Sdi Co Ltd, and GS Yuasa Corp. among others.

Market Segmentation

Market By Product

Hydrogen Fuel

Alcohol Fuel

Other Delphi

Market By End User

Power Plant

Large Vehicles

Other

Market By Region

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa