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United States proton therapy market has potential to surpass US$ 16 Billion by the end of 2024. In current outlook United States captures more than 40 percent of Proton Beam Therapy Facility worldwide.

Rising incidences of Pediatric cancer has provoked medical organizations towards development and implementation of sophisticated treatment procedures, which is Proton Radiotherapy. The course of action is known for successfully destructing tumor cells by damaging their DNA during a targeted deposition of high-energy radiation dosage onto the tumor.

Browse 187 market data Tables and 40 Figures spread through 217 Pages and in-depth TOC on "Fuel Cells Market". Global fuel cells market, fuel cells market, fuel cells, fuel cells industry, Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, Alkaline Fuel Cell, Microbial Fuel Cell, fuel cell-based vehicles, power sector, power generation, clean energy generation

According to the new market research report "Fuel Cells Market by Type (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, Alkaline Fuel Cell, Microbial Fuel Cell), Application (Transport, Stationary, Portable), End-User, Region - Global Forecast to 2025", The global fuel cells market size is expected to grow from an estimated value of USD 263 million in 2020 to USD 848 million by 2025, at a CAGR of 26.4%, from 2020 to 2025. The market has been analyzed with key focus on advancements in fuel cell technologies such as PEMFC, PAFC, AFC, and MFC. The global market is set to witness significant growth owing to the rising demand for clean energy generation methods in developed regions and the emphasis on reducing carbon emissions from vehicles across all the major countries over the next few years.

The global fuel cell market is projected to reach USD 8.7 billion by 2028 from an estimated USD 3.3 billion in 2023, at a CAGR of 21.7% during the forecast period. The growing use of electronic devices in emergency, off-grid, and automotive applications will benefit the fuel cell generator business. This report segments the fuel cell market based on type into proton exchange membrane fuel cell, solid oxide fuel cell, phosphoric acid fuel cell, alkaline fuel cell, microbial fuel cell and others. Solid Oxide Fuel Cells (SOFCs) stand out due to their prolonged longevity, exceptional efficiency, and straightforward operation. Operating at temperatures reaching 1,000°C, these cells prove ideal for heating systems across commercial, industrial, and residential settings. Moreover, they excel in extracting process heat within power plants and combined heat and power facilities. Their expansive electro-conversion area contributes to their notably high efficiency compared to other fuel cell types. The resultant chemical reaction primarily yields heat and water (H2O) as byproducts, distinguishing SOFCs for their efficacy and minimal environmental impact.

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