May 19, 2003—The global fuel cell industry will generate more than $18.6 billion in 2013, according to new findings from Allied Business Intelligence (ABI). Fuel cell sales will be generated from three main market applications: Automotive, Stationary, and Portables. ABI projects sales could generate near $35 billion if market conditions improve for automotive fuel cells, driven by strong government endorsement from three major regions—the United States, European Union, and Japan.
The study is titled “Fuel Cell Supply Chain: Global Market Analysis, Potential and Forecasts.”