openPR Logo
Press release

Microbial Fuel Cell Market Projected to grow at 4.9% CAGR To 2031

05-21-2024 01:07 PM CET | Energy & Environment

Press release from: Allied Analytics LLP

Microbial Fuel Cell Market Projected to grow at 4.9% CAGR To 2031

According to a new report published by Allied Market Research, The microbial fuel cell market size was valued at $264.8 million in 2021, and is estimated to reach $425.2 million by 2031, growing at a CAGR of 4.9% from 2022 to 2031.

The global microbial fuel cell market analysis include AFC Energy PLC, AVL group Bloom Energy, Ballard Power Systems, Ceres, Doosan Corporation, Fuel Cell Energy, Inc., Horizon Fuel Cell Technologies, Integer Holdings Corporation, Nedstack Fuel Cell Technology, Plug Power, Inc, and SFC Energy AG.

Click Here to Request PDF: https://www.alliedmarketresearch.com/request-sample/17599

Asia-Pacific garnered the highest share of 35.19% in 2021, in terms of revenue, growing at a CAGR of 5.6%.

Microbial fuel cell is a bio-electrochemical device that uses bacteria to generate electricity. A microbial fuel cell is a device that uses microorganisms to transform chemical energy into electrical energy.

The microbial fuel cell possesses various properties such as electrical conductivity, resistance to corrosion, high mechanical strength, developed surface area, biocompatibility.

The mediator segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.2% from 2022 to 2031.

The power generation segment is anticipated to register the highest CAGR of 5.5% during the forecast period.

Buy This Report (210 Pages PDF with Insights, Charts, Tables, and Figures): https://bit.ly/3SxgQ9m

One of the areas for microbial fuel cells with the highest growth is the food and beverage sector. The food and beverage sector is a well-established industry in Europe and is regarded as one of the major economic drivers in the region.

The market is in a phase of development & growth and is expected to continue to see decent growth as a result of the widespread demand for renewable energy. The market for microbial fuel cells is primarily driven by increased energy demand and environmental consciousness.

MFC cleanses the water in wastewater treatment facilities though generating energy. When compared to conventional fuel cells, MFC, however, produces a minimal amount of power or electricity.

Impact of COVID-19 on the global microbial fuel cell market

The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. The microbial fuel cell market has negative impact due to the COVID-19 pandemic, owing to the disruptions in the supply chain for various industrial products.

The outbreak of COVID-19 resulted in the shutdown of various manufacturing plants for a long period, especially in Europe, Asia-Pacific, and other regions due to which manufacturers have faced shortage in labor units, production losses, and the rising awareness regarding worker security, safety, and guidelines by government posed an additional challenge to resume their basic operations in manufacturing unit.

Browse Complete Report @ https://www.alliedmarketresearch.com/microbial-fuel-cell-market-A17181

In the first quarter of the pandemic, there is complete shutdown of food & beverage sector, manufacturing industry, and others due to the strict imposition of lockdown it has hindered the growth of microbial fuel cell market.

Trending Reports in Energy and Power Industry:

Hydrogen Fuel Cell Market

https://www.globenewswire.com/news-release/2023/03/15/2627844/0/en/Hydrogen-Fuel-Cell-Market-Is-Expected-to-Generate-5-7-Billion-by-2031-Allied-Market-Research.html

Stationary Fuel Cell Market

https://www.globenewswire.com/news-release/2023/11/08/2776533/0/en/Stationary-Fuel-Cell-Market-Is-Projected-to-Gain-9-0-Billion-by-2031-at-a-Compound-Annual-Growth-Rate-CAGR-of-13-1-Allied-Market-Research.html

Microbial Fuel Cell Market

https://www.globenewswire.com/news-release/2022/09/08/2512702/0/en/Global-Microbial-Fuel-Cell-Market-to-Reach-425-2-Million-by-2031-Allied-Market-Research.html

Fuel Cell Market

https://www.alliedmarketresearch.com/fuel-cell-market

Protonic Ceramic Fuel Cell (PCFC) Market

https://www.alliedmarketresearch.com/protonic-ceramic-fuel-cell-market

David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.Int'l: +1-503-894-6022Toll Free: +1-800-792-5285Fax: +1-800-792-5285help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog:

https://blog.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Microbial Fuel Cell Market Projected to grow at 4.9% CAGR To 2031 here

News-ID: 3506114 • Views:

More Releases from Allied Analytics LLP

Syngas Market Analysis: Top Players and Strategies for 2024
Syngas Market Analysis: Top Players and Strategies for 2024
According to a new report published by Allied Market Research, The global syngas market was valued at $43.6 billion in 2019, and is projected to reach $66.5 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027. Players analyzed and profiled in the global syngas market Air Liquide, Air Products and Chemicals Inc., BASF SE, John Wood Group, Royal Dutch Shell, Sasol Limited, Siemens, Syngas Energy Holdings, SynGas
Solar Battery Market Projected to grow at 15.5% CAGR To 2027
Solar Battery Market Projected to grow at 15.5% CAGR To 2027
According to a new report published by Allied Market Research, The global solar battery market size was valued at $113.4 million in 2019, and is projected to reach $360.4 million by 2027, growing at a CAGR of 15.5% from 2020 to 2027. Some of the key players profiled in the report include BYD Company, Kokam.Co, Carnegie Clean Energy, Primus Power, LG Chem, and EnerSys. Asia-Pacific dominated the solar battery market with more
Gas Meter Market Projected to grow at 6.6% CAGR To 2028
Gas Meter Market Projected to grow at 6.6% CAGR To 2028
According to a new report published by Allied Market Research, The global gas meter market revenue was valued at $5.8 billion in 2020, and is projected to reach $9.7 billion by 2028, growing at a CAGR of 6.6% from 2021 to 2028. Some of the key players profiled in the report include General Electric, Itron, Elster, Landis+Gyr, ABB, Aclara, and Badger Meter. Get Report Sample PDF @ https://www.alliedmarketresearch.com/request-sample/11718 Asia-Pacific would exhibit a CAGR
Commercial Boiler Market Projected to grow at 4.2% CAGR To 2030
Commercial Boiler Market Projected to grow at 4.2% CAGR To 2030
According to a new report published by Allied Market Research, The global commercial boiler market size was valued at $1.9 billion in 2020, and is projected to reach $2.8 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030. The major companies profiled in this commercial boiler market include A.O. Smith Corporation, Bosch Thermotechnology, Cochran Limited, Cleaver-Brooks, Fulton Boiler Company, Parker Boiler, Slant/Fin Corporation, Superior Boiler Works, Inc.,

All 5 Releases


More Releases for Fuel

Marine Gensets Market: Information by Vessel Type (Commercial Vessel, Defense Ve …
A marine genset is a power unit generator that supplies electricity to ships. It offers reliable and fuel-efficient electric power generation for onboard power, emergency gensets, and diesel-electric propulsion. It can be fueled by gas, diesel, hybrid fuel, and others. It has application in offshore commercial vessels, defense vessels, and offshore vessels, among others. Nowadays, most of the marine gensets are fueled by diesel. However, the introduction of alternative fuels
Fuel Card Market to 2027 - Global Analysis and Forecasts By Type (Branded Fuel C …
The global fuel card market is estimated to account US$ 6.29 Bn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account to US$ 10.39 Bn by 2027. Request Sample Pages of “Fuel Card Market” Research Report @ www.theinsightpartners.com/sample/TIPRE00003099/?utm_source=openpr&utm_medium=10387 Fuel Card Market: Key Insights Fuel Card Market Size 2021, by manufacturer, region, types, and application, forecast till 2028 is analyzed and researched on
Solid Oxide Fuel Cell Market Revenue And In-Depth Analysis 2028 | Atrex Energy, …
This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global solid oxide fuel cell market. According to the report, the growing implementation of solid oxide fuel cells in information centers is expected to
Clean Fuel Technology Market – Development Assessment 2025 | Clean Fuel Develo …
Global Clean Fuel Technology Market: Overview Clean technology in general implies the use of any service, product, or system that has as little of a negative impact on the environment as possible. Aspects of clean technology include the conservation of energy, sustainable resources, and clean sources of fuels. Clean fuels can refer to the use of renewable fuels such as biogas, or also blended fuels such as fossil fuels with renewable
Fuel Cell Interconnectors Market By Product Type Ceramic based, Metal based; By …
Global Fuel Cell Interconnectors Market Introduction A fuel cell is a battery that generates electricity through an electrochemical reaction where the fuel cell interconnector is a layer made up of either ceramic or metallic material, which combines the electricity generated by each individual cell. Fuel cell interconnectors are placed between each individual cell to connect the cells in the series. Ceramic fuel cell interconnectors are more suitable for high-temperature working conditions
Fuel Cells Sales In Global Market: By Product Type - Proton Exchange Membrane Fu …
Researchmoz added Most up-to-date research on "Fuel Cells Sales In Global Market: By Product Type - Proton Exchange Membrane Fuel Cells (PEMFC), Direct Methanol Fuel Cells (DMFC) & Solid Oxide Fuel Cells (SOFC)" to its huge collection of research reports. In this report, the global Fuel Cells market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at