BANGALORE, India, June 20, 2023 /PRNewswire/ -- Bipolar Plates Market is segmented by type (Graphite, Metal, Composite), by application (Proton Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Molten Carbonate Fuel Cells (MCFC), Phosphoric Acid Fuel Cells (PAFC), Others): Global Opportunity Analysis and Industry Forecast 2023-2029. It is published in Valuates Reports under theComputers & Electronics Category.
Due to the COVID-19 pandemic, the global Bipolar Plates market size is estimated to be worth USD 465.14 million in 2022 and is forecast to a readjusted size of USD 1,870.64 million by 2029 with a CAGR of 22.15% during the review period.
Major Factors Driving the Growth of the Bipolar Plates Market
Growing government activities on fuel cell projects that emphasize the implications of carbon emissions while delivering a reliable and clean form of energy production are expected to drive the growth of the Bipolar Plates market. In addition, the Bipolar Plates market is driven by investments in fuel cell bipolar subsidiaries.
The Bipolar Plates market is expanding as a result of the increased demand for fuel cells in several industries, including automotive, portable electronics, stationary power, and backup power. Producers are stepping up their R&D efforts to create ultra-compact and light bipolar plates composed of carbon for PEM fuel cells.
Download Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-7M11055/Global_Bipolar_Plates_Sales_Market
TRENDS INFLUENCING THE GROWTH OF THE BIPOLAR PLATES MARKET
Fuel cells, which are getting a lot of attention as a clean and effective energy option, depend heavily on bipolar plates. Numerous industries, including the automobile, stationary power generation, portable power, and aerospace, employ fuel cells. The requirement for bipolar plates is being driven by the rising fuel cell demand in various industries, which is boosting the Bipolar Plates market expansion.
The Bipolar Plates market is expanding as a result of the global trend toward clean and renewable energy sources. Bipolar plate fuel cells, which use hydrogen as a clean fuel and generate power with little harm to the environment, are regarded as sustainable energy technology. The demand for bipolar plates is being driven by rising government programs and investment in renewable energy technology.
Strict laws and emission requirements have been put in place all over the world as a result of environmental concerns, such as greenhouse gas emissions and air pollution. Bipolar plates are essential in lowering carbon emissions because they make it possible for fuel cells to produce energy effectively. The requirement for bipolar plates in fuel cells is anticipated to rise as governments and regulatory organizations implement higher emission requirements. This factor is expected to drive the growth of the Bipolar Plates market.
A more environmentally friendly option to conventional internal combustion engine automobiles is electric vehicles (EVs). Bipolar plates are necessary for the effective operation of fuel cell electric vehicles (FCEVs), which employ fuel cells as their source of electricity. The need for bipolar plates in the automobile industry is being driven by the growing use of FCEVs, which is being aided by government incentives and initiatives. This factor is expected to drive the growth of the Bipolar Plates market.
Governments, academic institutions, and business entities are making significant investments in R&D projects to advance fuel cell technology and related parts such as bipolar plates. These expenditures are promoting innovations, enhancing performance, and bringing down bipolar plates' total prices. The market for bipolar plates is anticipated to develop as a result of the ongoing emphasis on R&D. This factor is expected to drive the growth of the Bipolar Plates market.
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-7M11055/global-bipolar-plates-sales
BIPOLAR PLATES MARKET SHARE ANALYSIS
Due to its lower electrical resistance and good chemical stability in acidic environments, the graphite material category now holds the majority of the market share. Graphite has also been used in single cells and lab-scale fuel cell development for greater stack sizes, aside from that.
The bipolar plate is an essential part of proton exchange membrane fuel cells because it carries reactant gasses and the current to the end plates from the membrane element, two factors that drive the market for fuel cell bipolar plates.
Due to the increasing need for cleaner energy to address environmental problems brought on by old energy technologies across the area, including India, Japan, and others, the Asia Pacific is predicted to lead the most significant market.
Get Regional Reports: https://reports.valuates.com/request/regional/QYRE-Auto-7M11055/Global_Bipolar_Plates_Sales_Market
By Company
- Dana
- Cell Impact
- Schunk Group
- Nisshinbo
- FJ Composite
- VinaTech (Ace Creation)
- LEADTECH International
- Dongguan Jiecheng Graphite Products
- Shanghai Hongjun
- Nantong Zhuolida Metal Technology
- Anhui Mingtian Hydrogen Energy Technology
- Hunan Zenpon Hydrogen Energy Technology
- Shanghai Yoogle Metal Technology
- Zhejiang Harog Technology
- Ballard
- ElringKlinger
- SGL Carbon
- Shanghai Hongfeng
- Shanghai Shenli
- Shenzhen Jiayu
- Guangdong Nation-Synergy Hydrogen Power Technology Co
- Shanghai Zhizhen
Buy Chapters: https://reports.valuates.com/request/chaptercost/QYRE-Auto-7M11055/Global_Bipolar_Plates_Sales_Market
Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-7M11055&lic=single-user
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
SIMILAR REPORTS
- Due to the COVID-19 pandemic, the global Synthetic Graphite market size is estimated to be worth USD 8833 million in 2022 and is forecast to a readjusted size of USD 10920 million by 2028 with a CAGR of 3.6% during the review period.
- The global lithium-ion battery market was valued at USD 36.7 billion in 2019 and is projected to hit USD 129.3 billion by 2027 at a CAGR of 18.0% from 2020 to 2027.
- The global Lithium-Ion Battery Separator market size is estimated to be worth USD 3808.9 million in 2022 and is forecast to be a readjusted size of USD 6565.8 million by 2028 with a CAGR of 9.5% during the review period.
- The global graphene battery market size was valued at USD 48.8 million in 2019 and is projected to reach USD 398.6 million by 2027, to register a CAGR of 31.2% during the forecast period.
- The global Zinc-Air Batteries market size is estimated to be worth USD 418.9 million in 2022 and is forecast to a readjusted size of USD 607.8 million by 2028 with a CAGR of 6.4% during the review period.
- The global Lithium-ion Battery Recycling market size is projected to reach USD 24930 million by 2028, from USD 2543 million in 2021, at a CAGR of 38.1% during 2022-2028.
- In 2020, the global Battery Separator market size was USD 8218.6 million and it is expected to reach USD 18940 million by the end of 2027, with a Compound Annual Growth Rate (CAGR) of 12.7% during 2021-2027.
- The global marine battery market size was valued at USD 0.37 billion in 2021 and is projected to reach USD 1.99 billion in 2030 growing at a CAGR of 20.5%.
- The global lithium-iron phosphate batteries market size was valued at D5.6 billion in 2020, and the lithium-iron phosphate batteries market is forecast to reach D9.9 billion by 2030 at a CAGR of 5.9% from 2021 to 2030.
- The global lead-acid battery market size was valued at USD 39.7 billion in 2018, and is projected to reach USD 59.7 billion by 2026, growing at a CAGR of 5.24% from 2019 to 2026.
- The global Military Battery market size is estimated to be worth USD 2113 million in 2022 and is forecast to a readjusted size of USD 2751.7 million by 2028 with a CAGR of 4.5% during the review period.
-Industrial Batteries market size is estimated to be worth USD 6229.2 million in 2022 and is forecast to be a readjusted size of USD 8065.5 million by 2028 with a CAGR of 4.4% during the review period.
- The global Battery Management System (BMS) market was valued at USD 4862 million in 2020 and it is expected to reach USD 30680 million by the end of 2027, growing at a CAGR of 30.1% during 2021-2027.
-Seawater Battery market size was US$ 2 million and it is expected to reach US$ 26 million by the end of 2027, with a CAGR of 35.8% during 2021-2027.
- The global Electric Scooter and Motorcycle market size is estimated to be worth USD 7885 million in 2022 and is forecast to a readjusted size of USD 12170 million by 2028 with a CAGR of 7.5% during the review period.
- The global EV Charging Cables market is estimated to be worth USD 618.4 million in 2022 and is forecast to a readjusted size of USD 3672.2 million by 2028 with a CAGR of 34.6% during the review period.
- The global Electric Vehicle (EV) Charging Stations market size is estimated to be worth USD 2419.2 million in 2022 and is forecast to a readjusted size of USD 12490 million by 2028 with a CAGR of 31.5% during the review period.
-Metal-air Battery market size is estimated to be worth USD 608.3 million in 2022 and is forecast to be a readjusted size of USD 1335.3 million by 2028 with a CAGR of 14.0% during the review period.
-Printed Electronics market was valued at USD 2386.5 Million in 2020 and it is expected to reach USD 5428.4 Million by the end of 2027, growing at a CAGR of 12.5% during 2021-2027.
-PCB Waste Services Market
-Global EV Solid State Battery Market Research Report 2022
-Global Solid-State Lithium Battery Market Size, Status and Forecast 2022-2028
-Global Thin-film Solid State Battery Market Insights, Forecast to 2028
-Global Portable Solid State Battery Market Insights, Forecast to 2028
-Global Residential Solar Battery Market Research Report 2022
-Printed Circuit Board market was valued at USD 70850 million in 2020 and it is expected to reach USD 90930 million by the end of 2027, growing at a CAGR of 3.8% during 2021-2027.
-Consumer Electronics Market Revenue is about USD 850 Billion in 2021, projected to have a CAGR 5.1%.
Click here to see related reports on Bipolar Plates Market
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
CONTACT US:
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Sitemap: https://reports.valuates.com/sitemap/html/reports
https://reports.valuates.com/sitemap/html/reports/807
https://reports.valuates.com/sitemap/html/reports/808
https://reports.valuates.com/sitemap/html/reports/809
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bipolar-plates-market-to-grow--usd-1-870-64-million-by-2029-with-a-cagr-of-22-15--valuates-reports-301855524.html
