Press release
Global Direct Methanol Fuel Cell (DMFC) Market Growth 2018-2022|Analysis by Top Key Players: SFC Energy AG, Oorja Protonics
Global Direct Methanol Fuel Cell (DMFC) Market
Global Direct Methanol Fuel Cell (DMFC) Market Overview:
According to market analysts, Global Direct Methanol Fuel Cell (DMFC) Market is projected to grow at a high CAGR value from 2018 to 2022.
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Increasing awareness about clean energy and demand for zero emission energy sources is driving the demand in the DMFC market. Furthermore, stringent environmental regulations would act as a catalyst in driving the demand in DMFC market, as the regulations would likely to compel countries to shift their primary energy mix towards cleaner fuels, such as fuel cells.
The Direct Methanol Fuel Cell (DMFC) Market is segmented based on Application, Component and Region. On the basis of application, the market is sub-segmented into Portable, Stationary and Transportation. The portable application segment is expected to exhibit the highest growth rate during the forecast period. The growth can be attributed to the use of higher energy density fuel, namely methanol, which is a potential replacement for lithium ion/nickel cadmium batteries.
On the basis of component, the market is sub-segmented into Electrode, Membrane, Balance of System and Balance of Stack. The balance of system component is expected to grow at the highest CAGR during the forecast period.
Regionally, Asia-Pacific represents the largest market for green technologies in the world. This growth can be attributed to the high adoption of fuel cell technology. Other developing countries in the region, such as China and India, are also adopting fuel cell technology to meet their domestic energy demand through eco-friendly means.
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Key Players:
1 SFC Energy AG
2 Oorja Protonics
Key Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2022?
2 What are the key factors driving the Direct Methanol Fuel Cell (DMFC) Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Direct Methanol Fuel Cell (DMFC) Definition
2 Global Direct Methanol Fuel Cell (DMFC) Market Major Player Share and Market Overview
3 Major Player Direct Methanol Fuel Cell (DMFC) Business Introduction
4 Global Direct Methanol Fuel Cell (DMFC) Market Segmentation (Region Level)
5 Global Direct Methanol Fuel Cell (DMFC) Market Segmentation (Type Level)
6 Global Direct Methanol Fuel Cell (DMFC) Market Segmentation (Industry Level)
7 Direct Methanol Fuel Cell (DMFC) Market Forecast 2018-2022
8 Direct Methanol Fuel Cell (DMFC) Segmentation Type
9 Direct Methanol Fuel Cell (DMFC) Segmentation Industry
10 Direct Methanol Fuel Cell (DMFC) Cost Analysis
11 Conclusion
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