Fuel cell technologies have the power to change the way we make and use energy. Their unique set of benefits will improve the global quality of life. However, capturing a snapshot of the industry is difficult given the competitive nature of the business and the necessity to preserve trade secrets. The Worldwide Fuel Cell Industry Survey, now in its fourth year of data collection, is a collaborative effort by the leading fuel cell industry associations in North America, Europe and Asia to increase awareness of the industry's progress and achievements.
The survey provides a profile of the organizations involved in the industry and reports on three key indicators of industry performance: sales, R&D expenditure and employment. This information will provide industry stakeholders with the most comprehensive picture of the global industry to date, and assist in future benchmarking and trend analysis as the sector matures.
Summary results
The 2006 Worldwide Fuel Cell Industry Survey provides valuable benchmark data on the industry's size and financial performance. Between 2004 and 2005:
- Sales have increased by 7% from $331 million in 2004 to $353 million in 2005
- R&D Expenditure increased 11% from $716 million in 2004 to $796 million in 2005
- Employees increased 12% from 6,305 in 2004 and 7,074 in 2005
For full survey results, download the complete 2006 Worldwide Fuel Cell Industry Survey from www.usfcc.com.
