02 December 2019
The Fuel Cells for Marine Vessels Market Report 2020-2030: Forecasts By Power Output (<200 KW, >200 KW), by Type (Proton-exchange membrane fuel cell, Solid oxide fuel cell, Direct methanol fuel cell, Phosphoric acid fuel cell), By Application (Commercial, Defense), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and analysis of leading companies operating in this industry.
By fact, fuel cells are modular and can be used either as a single cell or in stacks. As a consequence, it is possible to channelize the energy generated throughout a ship without increasing fuel consumption. For naval ships, fuel cells are used to drive the main propulsion system in whole or in part, as well as to fulfil on-board specifications for energy consumption. The industry is still in its infancy and, in reaction to strict regulatory regulations, businesses are investing in technology development to produce low-carbon propulsion systems.
Local marine fuel cells consider the need for alternate propulsion systems as one of the key factors that will have a positive impact on market growth. Factors such as the emission of harmful gases on combustion, the need for regular maintenance and the high operating costs for diesel engines and gas turbines have resulted in increased electrical propulsion systems being introduced. While the main electrical propulsion systems in the maritime industry have mounted diesel-electric and gas turbine drive systems, current systems have been developed to incorporate fuel cell technology.
Fuel cells directly transform chemical energy into electrical energy, and the absence of extensive, high-temperature combustion of fuel cells provides the advantages of reduced sound, friction, and NOx production. Because of this fuel cells, conversion devices that deliver safe, quiet, and reliable power become increasingly energy-efficient. Such benefits of alternate propulsion systems and the use of fuel cells for such propulsion applications can drive this market's development.
Advancing hydrogen as marine fuel is one of the main developments in the demand for commercial ships in fuel cells. In automotive uses around the globe, the hydrogen gas is widely adopted. This gives benefits such as lower GHG levels, which in turn reduces waste from the atmosphere. Such advantages allow the use of hydrogen in fuel cells and the marine ship energy propulsion system. In contrast, the hydrogen fuel cell system is commonly used by small vessels with daily refuelling capacity. Future infrastructure expansion, such as hydrogen stations, would gradually expand the technology's advertising.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The global floating liquefied natural gas (FLNG) market was valued at US$16,670 million in 2021 and is projected to grow at a CAGR of 20.1% during the forecast period 2022-2032.
14 September 2022
The global anaerobic digestion (AD) market was valued at US$18,075 million in 2021 and is projected to grow at a CAGR of 3.8% during the forecast period 2022-2032.
12 September 2022
The grid scale battery storage technologies market was valued at US$7,058 million in 2021 and is projected to grow at a CAGR of 15.6% during the forecast period 2022-2032.
08 September 2022
The global coal combustion products market was valued at US$111.2 million in 2021 and is projected to grow at a CAGR of 4.8% during the forecast period 2022-2032.