register free | resend password


Direct Methanol Fuel Cells Market Share Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2024

As per the study, the global direct methanol fuel cell (DMFC) market is segmented among the elements of type, component, application, and power output.

ID: 1555787
recent pressrelease next pressrelease

(businesspress24) - Direct Methanol Fuel Cells Market Highlights

Market Research Future projects a detailed report on the recent trends, various challenges faced, and the segments of the market on which Direct methanol fuel cells are based. It is reported there will be a striking upsurge at a considerable CAGR between 2017

Market Key Trends & Challenges

Direct methanol fuel cells (DMFC) are gaining momentum owing to the electrochemical energy conversion devices that transform the chemical energy of liquid methanol into electrical energy. These have been eminent factors driving the market to a great extent and propelling the market. The ability of DMFCs to be used as an alternative to the internal combustion engine (ICE) technology is also gathering much power. As they offer numerous benefits, such as low or even zero emissions, have thus influenced the market. Various advantages of such as eliminating the requirement for fuel reforming and hydrogen storage and using a liquid fuel for power are also noticeable in the process of growth of the market.

At the same time, more factors that are driving the direct methanol fuel cell (DMFC) market are characterized as industrialization in developing countries that has augmented the demand for clean energy, investments in fuel cell development, the density of high energy of DMFC, and reduction in emission of harmful gases from the automotive industries. In fact, fuel cells have innumerable advantages by conventional energy sources, such as internal combustion engines and batteries, which also comprise of the low temperature of fuel cells, zero pollution, and superior efficiency as related to diesel or gas engines. Some of the significant fuel cell technologies being developed globally also include hydrogen, solid oxide, phosphoric acid, and direct methanol fuel cells. These factors have been influencing the market to a great extent for some years and have made more opportunities for the market to expand considerably in the coming years.



Get Free Sample Copy (at) https://www.marketresearchfuture.com/sample_request/7116

Segmentation of Market: Direct Methanol Fuel Cells

As per the study, the global direct methanol fuel cell (DMFC) market is segmented among the elements of type, component, application, and power output.

In terms of type: Electrode, membrane, the balance of system, and balance of stack are the segments.

The segmentation of components includes: Parallel flow field design and serpentine flow field design and are the segments.

The segmentation of applications includes: Stationery, Portable, and transportation are the segments.

The segmentation of power output: It comprises of less than 1KW, 1KW

Regional Framework

Geologically, the global direct methanol fuel cell (DMFC) market has been studied among the key regions of North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

As per the study, the Asia-Pacific region might hold a significant market share in the growth period for the market for witnessing the increase in energy demand due to the growing population and per capita. These factors are thus providing a vast market potential for the growth of clean energy in the region and motivating the Direct Methanol Fuel Cells Market Share expansion in a cleaner way. Further, as per the International Renewable Energy Agency (IRENA), the Asia-Pacific region gathered two-thirds of the growth in renewable energy installation capacity back in 2017. The rising demand for clean energy and the development in the fuel cell industry are the main cores that drive the growth of DMFCs in Asia-Pacific. Whereas in India, as per the ministry of new and renewable energy (MNRE), the country aims to achieve nearly 40% of its total energy generation from clean energy by 2030. Also, as per MNRE report 2016, the Government of India had set up the target to progress DMFCs in three phases such as Phase I (2016

Whereas North America leads in the global direct methanol fuel cells (DMFC) market on a regional analysis basis. The surge in demand for clean energy, investments in fuel cell development, the high energy density of DMFC, and lessening in the emission of harmful gases from the manufacturing and automotive industries. These are the highlights to drive the DMFC market in the region.

Key Market Players

The protuberant players involved in the global direct methanol fuel cell (DMFC) market study are listed as Fujikura Ltd (Japan), Antig Technology Co Ltd (Taiwan), Siqens GmbH (Germany), Oorja Corporation (US), Pro-Power Co Ltd (South Korea), SFC Energy AG (Germany), and Viaspace (US).

Related Reports: http://www.24article.com/direct-methanol-fuel-cell-dmfc-market-analysis-future-plans-technological-advancement-target-audience-growth-prospects-predicted-by-2024.html

https://pressreleasepost.co.uk/electrostatic-precipitator-system-market-size-emerging-technologies-comprehensive-analysis-future-prospects-regional-trends-and-potential-of-the-industry-2023/

https://pressreleasepost.co.uk/direct-methanol-fuel-cell-dmfc-market-trends-opportunities-sales-revenue-comprehensive-plans-growth-potential-forecast-2020-2024/

https://freeukpressrelease.co.uk/direct-methanol-fuel-cell-dmfc-market-analysis-future-plans-technological-advancement-target-audience-growth-prospects-predicted-by-2024/

https://freearticlesworld.com/direct-methanol-fuel-cell-dmfc-market-opportunities-share-regions-top-players-trends-and-demand-by-2024/

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: sales(at)marketresearchfuture.com



More information:
http:// https://www.marketresearchfuture.com/reports/direct-methanol-fuel-cells-market-7116



Keywords (optional):



Company information / Profile:

PressRelease by

Requests:



PressContact / Agency:



published by: mrfr123
print pressrelease  send to a friend  

Date: 02/07/2020 - 07:30
Language: English
News-ID 1555787
Character count: 2685
Kontakt-Informationen:
Firma: Market Research Future
Ansprechpartner: Avni Feedback to businesspress24.com about Pressrelease-id:
Stadt: Pune
Telefon:

Meldungsart: Financial
Versandart: send
Freigabedatum: 7/2/2020
Comments:



Number of hits: 715

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 438
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 49


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.