Global Fuel Cell Market in the Automotive Industry 2015-2019
Description- About Fuel Cell Market in the Automotive Industry A fuel cell converts chemical energy into electrical energy through an electromechanical reaction. A typical fuel cell consists of two electrodes, the anode and the cathode, which react to generate electricity. While liquid electrolytes carry electrically charged elements from one electrode to another, a catalyst is required to speed up the chemical reaction inside the fuel cell. Methanol, biogas, hydrogen, natural gas, and hydrocarbons are various fuels used in fuel cells. Fuel cells generate less pollution as hydrogen combines with oxygen to form water, a harmless by-product. Technavios analysts forecast the global fuel cell market in the automotive industry to grow at a CAGR of 45.27% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global fuel cell market in the automotive industry for 2015-2019. The market size has been calc