Direct Methanol Fuel Cell (DMFC) Market : 2019 Size Analysis by Key Venders, Price, Gross Margin, Segmentation, Trends and Opportunities Forecast to 2024
According to this study, over the next five years the Direct Methanol Fuel Cell (DMFC) market will register a 7.2% CAGR in terms of revenue, the global market size will reach US$ 140 million by 2024, from US$ 100 million in 2019.
The direct methanol fuel cell (DMFC) is a relatively recent addition to the suite of fuel cell technologies; it was invented and developed in the 1990s by researchers at several institutions in the United States, including NASA and the Jet Propulsion Laboratory. During decades of research, especially around 2010, many high tech companies like NEC, UltraCell they all have dedicated a large mass of R&D source into DMFC, and they all exhibited their prototype of their own DMFC. But as the fact, there are only two companies focus on commercial productions. This report only study the DMFC market will full-time commercial production participants.DMFCs can be seen as one of the most prominent fuel cell technology to be used as a generator and production device in small portable applications due to its high energy storage density fuel, fast refuelling and capability to refuel during operation.
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The DMFC market is monopolized by SFC Energy AG and Oorja Protonics. There are other company like Fujikura, Hitachi, Ltd, Toshiba, Sony, MTI Micro Fuel Cells Inc, NEC Corp, Neah Power Systems which are under developing in the industry but no mass production.
The Direct Methanol Fuel Cell (DMFC) report provides the market’s clean elaborated framework that includes each and every business-related data at a worldwide level. The full range of data linked to the global Direct Methanol Fuel Cell (DMFC) market is acquired from multiple sources and this acquired bulk of data is arranged, processed and displayed by a group of experts using multiple methodological methods and Direct Methanol Fuel Cell (DMFC) analytical instruments, such as market SWOT analysis, to produce a whole collection of trade-based research.
The report further covers the significant performance of robust Direct Methanol Fuel Cell (DMFC) companies including their research activities, product innovations, developments, technology adoptions, and brand promotions. The activities are performed in order to captivate the maximum numbers of potential buyers and offer better fit products in the market. Their strategic acquisitions, mergers, ventures, and partnerships are also examined in the report to help clients build their own strategies for their Direct Methanol Fuel Cell (DMFC) businesses.
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Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
1 KW-5 KW
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Materials Handling Equipment
Market Segment by Regions, regional analysis covers:
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries
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Direct Methanol Fuel Cell (DMFC) Market Report Structure at a Glance:
- Executive summary, market introduction, Direct Methanol Fuel Cell (DMFC) market definition.
- Macroeconomic factors and forecast factors.
- Direct Methanol Fuel Cell (DMFC) Market taxonomy – segmentation on the basis of type, end-use, and region.
- Pricing analysis, regulatory factors analysis, and value chain analysis.
- Direct Methanol Fuel Cell (DMFC) Market dynamics including key drivers, key restraints, recent trends, upcoming opportunities.
- In-depth forecast analysis by type, end-use, region.
- Direct Methanol Fuel Cell (DMFC) Market structure and competition analysis.