Fuel Cell Market Manufacturers Industry Share Analysis

Read More: https://www.emergenresearch.com/industry-report/fuel-cells-market

Fuel cells are becoming an attractive option for military applications. Its ability to generate clean, reliable electricity from hydrogen on-site is being used in a variety of ways to assist soldiers in protecting national security while also improving energy efficiency. Hydrogen fuel cells can extend Unmanned Aerial Vehicle (UAV) flight time to approximately eight hours and can be refueled in less than 15 minutes after landing.

The global fuel cell market size reached USD 4.26 Billion in 2021 and is expected to register a revenue CAGR of 22.8% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of fuel cells in military applications across the globe is the key factor driving revenue growth of the market.