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Pike Research Publishes First Fuel Cells Annual Report

Adoption of fuel cell powered products is gathering increasing momentum from a wide variety of sectors. Between 2008 and 2010, according to the report, the fuel cell industry experienced a compound annual growth rate (CAGR) of 27%. The shift from an R&D-based industry to a fully commercial one is well underway but has not been without its setbacks. The first annual Pike Research, Boulder, Colo., Fuel Cells Annual Report analyzes the state of the global fuel cell industry, its key barriers and drivers, where the industry could be in 2017, and why 2015 is shaping up to be such a crucial point for the industry. This report is produced from extensive industry interviews as well as the Pike Research fuel cell forecast model.