Warning: set_time_limit(): Cannot set max execution time limit due to system policy in /customers/b/b/b/brandspurng.com/httpd.www/wp-config.php on line 92 Combined Market Cap of Top Three Fuel Cell Companies Soared by 550% YoY to $20.8B - Brand Spur

Combined Market Cap of Top Three Fuel Cell Companies Soared by 550% YoY to $20.8B

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The increasing demand for clean energy sources and the development of environmental-friendly urban transport systems in developed countries had been driving the impressive growth of the fuel cell industry. In the next seven years, the entire market is expected to rise by CARG of 56% and hit a $24.8bn value.

The increasing awareness about carbon emissions and the efforts taken to maximize sustainable energy use has also boosted the growth of the companies operating in this sector.

Combined Market Cap of Top Three Fuel Cell Companies Soared by 550% YoY to $20.8B Brandspurng

According to data presented by Stock Apps, the combined market capitalization of Plug Power, Ballard Power and Bloom Energy, as the top three fuel cell companies, soared by 550% year-over-year and hit $20.8bn in December.

Plug Power Market Cap Soared by 1283% YoY

Fuel cell technology plays a huge role in dealing with environmental issues and encouraging the use of renewable energy carriers by minimizing the emission of carbon dioxide or any other hazardous pollutants.

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As the market leader, Plug Power Inc. witnessed the most impressive market cap growth in 2020. In December 2019, the combined value of stocks of the US company specialized in converting battery-powered equipment to hydrogen-generated fuel sources amounted to $950 million, revealed the Yahoo Finance data. By the end of the first quarter of 2020, the company hit the one-billion benchmark, despite the COVID-19 crisis.

In the next three months, the Plug Power market cap almost tripled and hit $2.7bn. The strong increasing trend continued in the third quarter, with the combined value of stocks surging to $5.2bn in September, a 450% jump in nine months.

However, statistics indicate the US fuel cell producer’s stock price exploded in the fourth quarter, with the market cap rising by almost $8bn in the last three months. Last week, Plug Power market capitalization stood at $13.1bn, a 1283% jump year-over-year.

Read Also:  BMW Group Proceeds to expand sales and market share in May

Bloom Energy Market Cap Jumped by 377% YoY, Ballard Power Follows with a 223% Increase

As the second-largest fuel cell company by market cap, Ballard Power Systems has also witnessed an impressive stock price growth this year.

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The fundamental technology that makes hydrogen power work is called a proton exchange membrane, which utilizes hydrogen and oxygen in an electrochemical reaction. The Canadian company is specialized in developing and manufacturing proton exchange membrane (PEM) fuel cell products for markets like heavy-duty motive applications, portable power, material handling, and engineering services.

Statistics show the Ballard Power Systems market cap surged by 223% year-over-year, rising from $1.6bn in December 2019 to $5.3bn last week.

As the third-largest company operating in the fuel cell market, Bloom Energy Corporation has also witnessed a three-digit market cap growth in 2020. The California-based company raised more than $1 bn in venture capital funding before going public in 2018. Its unique selling point is a fuel cell that allows its industrial-sized generators to run on natural gas, biogas, or hydrogen without combustion.

In December 2019, the combined value of stocks of the third-largest fuel cell technology producer stood at $900 million. By the end of June, this figure rose to $1.36bn and continued growing. Statistics show that Bloom Energy’s market cap stood at $4.3bn last week, a 377% jump in a year.

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Combined Market Cap of Top Three Fuel Cell Companies Soared by 550% YoY to $20.8B - Brand Spur

Trend Micro Placed in 2021 Magic Quadrant for Endpoint Protection Platforms

Recognized for Completeness of Vision and Ability to Execute

 

HONG KONG SAR - Media OutReach - 13 May 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Endpoint Protection Platform for its offering, Trend Micro Apex One. The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute.


Trend Micro is continually innovating and anticipating emerging threats. Our flagship Apex One endpoint protection platform features broad coverage against today's most critical threats. Our customers are protected using a range of techniques including virtual patching, which immediately protects against exploits until the vendor patch is applied.


Read the full Magic Quadrant for Endpoint Protection Platform report at: https://resources.trendmicro.com/Gartner-Magic-Quadrant-Endpoints.html

"The endpoint has become a key battleground as determined threat actors try to take advantage of the pandemic to target distributed workforces and vulnerable remote access infrastructure. But throughout this difficult period, we've been there for our customers," said Wendy Moore, vice president of product marketing for Trend Micro. "I'm delighted to see us recognized again for doing what we do best: Protecting global organizations through innovative, cloud-first and platform-based security. We will continue to focus on offering simple, robust and industry-leading protection through our cybersecurity platform."

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At the heart of the company's cybersecurity platform is Trend Micro Vision One, which delivers visibility and XDR using telemetry from Apex One in addition to email, servers, cloud workloads and networks for faster detections and investigations.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

* Gartner disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk


#TrendMicro


Combined Market Cap of Top Three Fuel Cell Companies Soared by 550% YoY to $20.8B - Brand Spur
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Latest News

Trend Micro Placed in 2021 Magic Quadrant for Endpoint Protection Platforms

Recognized for Completeness of Vision and Ability to Execute

 

HONG KONG SAR - Media OutReach - 13 May 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Endpoint Protection Platform for its offering, Trend Micro Apex One. The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute.


Trend Micro is continually innovating and anticipating emerging threats. Our flagship Apex One endpoint protection platform features broad coverage against today's most critical threats. Our customers are protected using a range of techniques including virtual patching, which immediately protects against exploits until the vendor patch is applied.


Read the full Magic Quadrant for Endpoint Protection Platform report at: https://resources.trendmicro.com/Gartner-Magic-Quadrant-Endpoints.html

"The endpoint has become a key battleground as determined threat actors try to take advantage of the pandemic to target distributed workforces and vulnerable remote access infrastructure. But throughout this difficult period, we've been there for our customers," said Wendy Moore, vice president of product marketing for Trend Micro. "I'm delighted to see us recognized again for doing what we do best: Protecting global organizations through innovative, cloud-first and platform-based security. We will continue to focus on offering simple, robust and industry-leading protection through our cybersecurity platform."

At the heart of the company's cybersecurity platform is Trend Micro Vision One, which delivers visibility and XDR using telemetry from Apex One in addition to email, servers, cloud workloads and networks for faster detections and investigations.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

* Gartner disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk


#TrendMicro


Combined Market Cap of Top Three Fuel Cell Companies Soared by 550% YoY to $20.8B - Brand Spur
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