Market Projections: UPS & Fuel Cells
Researchers at Business Communications Co. (www.bccresearch.com) have projected future markets for fuel cells and uninterruptible power systems (UPS). The fuel cell market alone is projected to experience phenomenal growth: Fuel cells. Estimated at $218 million for last year, the fuel cell market is forecasted to increase to $2.
Researchers at Business Communications Co. ( www.bccresearch.com ) have projected future markets for fuel cells and uninterruptible power systems (UPS). The fuel cell market alone is projected to experience phenomenal growth:
Fuel cells. Estimated at $218 million for last year, the fuel cell market is forecasted to increase to $2.4 billion by 2005—growing at an average rate of more than 60% annually. Fuel-cell plants that generate electricity and usable heat can be built in sizes from 200 kilowatts to 100 megawatts, researchers report.
UPS. Growth in this market will average 12.7% from 2000 to 2005, reaching $11 billion in 2005. Flywheel UPS device sales in 2000 were $230 million.
From Pure Power, Fall 2001.
Value of Worldwide UPS Supplies (in millions)
| 2000 | 2005 | Average Annual Growth | |
| Standby, Online, Line-Interactive and Flywheel UPS Equipment | $5,327 | $9,832 | 13.0% |
| Battery Replacement Kits/Packs | 441 | 723 | 10.4% |
| Accessory Shipments | 373 | 629 | 11.0% |
| Total Shipments | $6,141 | $11,184 | 12.7% |
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