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Direct Methanol Fuel Cell (DMFC) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

03-18-2024 11:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Direct Methanol Fuel Cell (DMFC) Market Size
The global Direct Methanol Fuel Cell (DMFC) market was valued at US$ 128.2 million in 2023 and is anticipated to reach US$ 208.4 million by 2030, witnessing a CAGR of 7.1% during the forecast period 2024-2030.

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Direct Methanol Fuel Cell (DMFC) Market
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.
The major players in global Direct Methanol Fuel Cell (DMFC) market include SFC Energy AG, Oorja Protonics, etc. The top 2 players occupy about 90% shares of the global market. North America and Europe are main markets, they occupy over 90% of the global market. Less than 1 KW is the main type, with a share over 70%. Mobility&Industrial and Telecommunications are two key applications, they hold a share about 60%.
This report aims to provide a comprehensive presentation of the global market for Direct Methanol Fuel Cell (DMFC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Direct Methanol Fuel Cell (DMFC).
Report Scope
The Direct Methanol Fuel Cell (DMFC) market size, estimations, and forecasts are provided in terms of output/shipments (GWh) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Direct Methanol Fuel Cell (DMFC) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Direct Methanol Fuel Cell (DMFC) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type
• Less than 1 KW
• 1 KW-5 KW

Segment by Application
• Defense&Security
• Mobility&Industrial
• Leisure
• Materials Handling Equipment
• Telecommunications
• Other

By Company
SFC Energy AG, Oorja Protonics

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https://reports.valuates.com/market-reports/QYRE-Auto-2D12463/global-direct-methanol-fuel-cell-dmfc

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