Fuel Cell Today has published its latest annual review of the fuel cell industry, reporting continued growth through 2012 and into 2013 across all regions.

The “Fuel Cell Industry Review 2013” forecasts shipments in 2013 reaching 66,800 units worldwide, growing by 46% compared with 2012. This continued success follows on from 86% growth between 2011 and 2012. Polymer electrolyte membrane fuel cells (PEMFCs) are again expected to lead 2013 unit shipments, accounting for 88% of the total, and regionally Asia is expected to dominate with a 76% share of total units.

Fuel Cells Becoming Established

Fuel cells are becoming well established in a number of markets where they are now recognised as a better technology option than conventional internal combustion engine generators or batteries. Despite a shortfall in expected shipments from the portable sector, 2012 demonstrated continued growth in unit shipments of fuel cells for transportation and a significant increase in unit shipments of stationary fuel cells, leading to an increase overall. The stationary sector was by far the stand-out performer for fuel cell technology, finding application across all scales: including small-scale grid-connected micro-combined heat and power units for residential use, off-grid backup power systems providing uninterruptible power supplies for critical infrastructure, prime power for buildings and even megawatt-scale installations designed as grid-connected power stations. A special feature in the Review focusses on financial support for stationary fuel cells in California.

In the Review Fuel Cell Today provides an overview of recent developments relating to fuel cell technology, including a commentary on unit shipments and megawatts shipped during the period 2009 to 2012 (supported by data tables), and publishes a forecast for 2013. The outlook chapter discusses Fuel Cell Today's views on fuel cell adoption over the next three years.

Availiability of the Industry Review

The Industry Review 2013 is available as a free download from the website www.fuelcelltoday.com 

About Fuel Cell Today

Fuel Cell Today is the leading organisation for market based intelligence on the fuel cell and hydrogen industries. Covering key trends and developments in industry and government, Fuel Cell Today has for ten years provided relevant, unbiased and objective information to companies, policymakers, investors and other stakeholders.