Released on = July 17, 2006, 11:28 pm

Press Release Author = RNCOS

Industry = International Trade

Press Release Summary = The embryonic fuel cell industry has immense potential to
fuel the systems that move our world .R&D with massive funding are crucial for the
success of the industry.

Press Release Body = Fuel cells belong to the genre of emergent and promising
technologies. For commercial success, fuel cells need to take significant
technological strides, cost effectiveness and encouraging policy framework.
Significant public-private partnerships facilitating R&D activities and investments
are necessitated for meeting the expectations of new-age automobiles that are
designed to be cleaner and greener.

Experts are of the opinion that by 2050 roughly around 35% of vehicles across the
globe will be powered by fuel cells. This will reduce dependency on oil, saving 15%
of global oil consumption that calculates to 5% of the global energy demand. As fuel
cell efficiency is more than double as compared to even the most efficient
combustion engines, hydrogen vehicles will run with less than 5% of the global
energy consumption.

The market research report on fuel cell vehicles, \"Market for Fuel Cell Technology
(2006-2007)\" by RNCOS highlights that in the recent years there's an increased
impetus both in technological and monetary terms in the arena of fuel cell powered
automobiles. Even though, in terms of numbers the seems to be a lull in production
with only a few hundred new fuel cell vehicles been introduced in the market since
last year, however this is only an incomplete picture. In fact the shrinking of
numbers is an evidence of increased focus on testing before the products head for
the roads.

The industry report deals with certain critical issues associated with the fuel cell
market. It focuses on the following:

· The significant features of fuel cell technology.
· The current status of fuel Cell market.
· The Automotive Hydrogen Infrastructure.
· The countries investing in R&D for fuel cell technology.
· The Government initiatives for growth of business.
· Competitive advantage of companies operating different fuel cell projects.

RNCOS' market research report \"Market for Fuel Cell Technology (2006-2007)" offers a
detailed analysis of the Global fuel cell industry highlighting the rapid
developments and opportunities in fuel cell vehicle market.

About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM046.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
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info@rncos.com