Press release
Direct Methanol Fuel Cell (DMFC) Market: Competitive Dynamics & Global Outlook 2023
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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Global Direct Methanol Fuel Cell (DMFC) Market: Forecast by Type / Application / Region
The Direct Methanol Fuel Cell (DMFC) is a subset of the Proton Exchange Membrane (PEM) fuel cell technology. PEM fuel cells have a number of features and advantages that ensure their usage in a variety of power applications including portable and transportation systems to large-scale stationary power systems for buildings and distributed generation. The commercialization of DMFC-systems is driven by consumer demands and desires for secure and reliable power sources that operate alone or as a hybrid energy system combining the fuel cell technology with existing advanced battery technologies.
At present, in developed countries, the Direct Methanol Fuel Cell industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in USA and Europe. 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.
Over the next five years, LPI(LP Information) projects that Direct Methanol Fuel Cell (DMFC) will register a 7.2% CAGR in terms of revenue, reach US$ 140 million by 2023, from US$ 100 million in 2017.
Global Direct Methanol Fuel Cell (DMFC) Market: Key Players
SFC Energy AG
Oorja Protonics
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Related Information:
United States Direct Methanol Fuel Cell (DMFC) Market Research Report 2018
Europe Direct Methanol Fuel Cell (DMFC) Market Research Report 2018
North America Direct Methanol Fuel Cell (DMFC) Market Research Report 2018
Asia-Pacific Direct Methanol Fuel Cell (DMFC) Market Research Report 2018
China Direct Methanol Fuel Cell (DMFC) Market Research Report 2018
EMEA Direct Methanol Fuel Cell (DMFC) Market Research Report 2018
Global Direct Methanol Fuel Cell (DMFC) Market Research Report 2018
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