Abstract
Fuel cell companies continue to struggle to grow their industry beyond its
emerging technology status. Despite the addition of new distribution partners,
international offices, and new products, technology constraints and high
production costs continue to hamper broad implementation efforts. In this
report, we consider the industry's overall health and its prospects for 2005
and beyond.
Companies continue to improve product reliability and to lower manufacturing
cost. However, given the current status of sales efforts, it's too early to say
that any company has successfully made the transition from an R&D firm to a
commercially viable business.
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