Global Direct Methanol Fuel Cells (DMFC) Market Size study, by Type (Polymer/Proton Exchange Membrane Fuel Cells (PEMFC), Molten Carbonate Fuel Cells (MCFC), Solid Oxide Fuel Cells (SOFC), Phosphoric Acid Fuel Cells (PAFC), Others), by Application (Portable, Stationary, Transportation), by Component (Electrode, Membrane, Balance of System, Balance of Stack) and Regional Forecasts 2020-2027

  • Product Code:
    RP-ID-10326759
  • Published Date:
    31 Jul 2020
  • Region:
    Global
  • Pages:
    200
  • Category:
    Energy & Power
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

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Global Direct Methanol Fuel Cells (DMFC) Market is valued approximately at USD 395.9 million in 2019 and is anticipated to grow with a CAGR of 3.6 % over the forecast period 2020-2027. Direct methanol fuel cells (DMFC) convert chemical energy into electrical energy and are used as an alternative of batteries and diesel-powered engines. They are beneficial over batteries as they eliminate fuel reforming and hydrogen storage, refueled within few minutes and hence eliminate cost of infrastructure facility for charging. Rise in demand for zero emission sources and rise in the awareness regarding utilization of clean energy and renewable energy resources are some major factors driving the growth of the market. Further, rise in customer demand, innovations and cost competitiveness would support the market growth. Rise in the industrialization globally along with rising demand for clean energy increase the demand for Direct Methanol Fuel Cells (DMFC). DMFC are used in manufacturing industry, automobile sector and medical applications. Due to rising emission impact on the environment, government and companies across world would incorporate investment technologies to support the adoption of clean energy sources For Instance: In December 2020, Hyundai Motor Corporation announced investment of USD 6.7 billion by 2030, to enhance the production of fuel cells by 200 times which would also incline the growth of methanol fuel cells. Moreover, merger and acquisition strategies are adopted worldwide among the market players in order to enhance production base and expand the market share. For Instance: In April 2018, Gumpert Airways Automobile GmbH (Germany) collaborated with Ser Energy AS (Denmark) to launch a supercar which helped both the companies to develop DMFC technology and enhance its commercial use. However, higher cost for the adoption of the technology is the major factor restraining the growth of the market over the forecasted period 2020-2027.

The regional analysis of global Direct Methanol Fuel Cells (DMFC) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world due to rise in the technological advancements for high utilization of renewable energy resources across several sectors. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rise in industrialization in the emerging economies such as China, India and Japan and government efforts to decrease the impact of harmful emission gases in the environment would create a lucrative growth in the market.
Major market player included in this report are:
Antig Technology Co., Ltd. (Taiwan)
Viaspace Inc. (US)
Neah Power Systems, Inc. (US)
PolyFuel, Inc. (US)
Oorja Protonics, Inc. (US)
Samsung SDI Co Ltd (South Korea)
Toshiba Corporation (Japan)
Fujikura Ltd. (Japan)
Panasonic Corporation (Japan)
MTI Microfuel Cells Inc. (US)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Polymer/Proton Exchange Membrane Fuel Cells (PEMFC)
Molten Carbonate Fuel Cells (MCFC)
Solid Oxide Fuel Cells (SOFC)
Phosphoric Acid Fuel Cells (PAFC)
Others
By Application:
Portable
Stationary
Transportation
By Component:
Electrode
Membrane
Balance of System
Balance of Stack
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Direct Methanol Fuel Cells (DMFC) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Direct Methanol Fuel Cells (DMFC)Market, by Region, 2018-2027 (USD Billion)
1.2.2. Direct Methanol Fuel Cells (DMFC)Market, by Type, 2018-2027 (USD Billion)
1.2.3. Direct Methanol Fuel Cells (DMFC)Market, by Application, 2018-2027 (USD Billion)
1.2.4. Direct Methanol Fuel Cells (DMFC)Market, by Component, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Direct Methanol Fuel Cells (DMFC)Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Direct Methanol Fuel Cells (DMFC)Market Dynamics
3.1. Direct Methanol Fuel Cells (DMFC)Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Direct Methanol Fuel Cells (DMFC)Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Direct Methanol Fuel Cells (DMFC)Market, by Type
5.1. Market Snapshot
5.2. Global Direct Methanol Fuel Cells (DMFC)Market by Type, Performance - Potential Analysis
5.3. Global Direct Methanol Fuel Cells (DMFC)Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Direct Methanol Fuel Cells (DMFC)Market, Sub Segment Analysis
5.4.1. Polymer/Proton Exchange Membrane Fuel Cells (PEMFC)
5.4.2. Molten Carbonate Fuel Cells (MCFC)
5.4.3. Solid Oxide Fuel Cells (SOFC)
5.4.4. Phosphoric Acid Fuel Cells (PAFC)
5.4.5. Others
Chapter 6. Global Direct Methanol Fuel Cells (DMFC)Market, by Application
6.1. Market Snapshot
6.2. Global Direct Methanol Fuel Cells (DMFC)Market by Application, Performance - Potential Analysis
6.3. Global Direct Methanol Fuel Cells (DMFC)Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Direct Methanol Fuel Cells (DMFC)Market, Sub Segment Analysis
6.4.1. Portable
6.4.2. Stationary
6.4.3. Transportation
Chapter 7. Global Direct Methanol Fuel Cells (DMFC)Market, by Component
7.1. Market Snapshot
7.2. Global Direct Methanol Fuel Cells (DMFC)Market by Component, Performance - Potential Analysis
7.3. Global Direct Methanol Fuel Cells (DMFC)Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
7.4. Direct Methanol Fuel Cells (DMFC)Market, Sub Segment Analysis
7.4.1. Electrode
7.4.2. Membrane
7.4.3. Balance of System
7.4.4. Balance of Stack

Chapter 8. Global Direct Methanol Fuel Cells (DMFC)Market, Regional Analysis
8.1. Direct Methanol Fuel Cells (DMFC)Market, Regional Market Snapshot
8.2. North America Direct Methanol Fuel Cells (DMFC)Market
8.2.1. U.S. Direct Methanol Fuel Cells (DMFC)Market
8.2.1.1. Type breakdown estimates & forecasts, 2017-2027
8.2.1.2. Application breakdown estimates & forecasts, 2017-2027
8.2.1.3. Component breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Direct Methanol Fuel Cells (DMFC)Market
8.3. Europe Direct Methanol Fuel Cells (DMFC)Market Snapshot
8.3.1. U.K. Direct Methanol Fuel Cells (DMFC)Market
8.3.2. Germany Direct Methanol Fuel Cells (DMFC)Market
8.3.3. Rest of Europe Direct Methanol Fuel Cells (DMFC)Market
8.4. Asia-Pacific Direct Methanol Fuel Cells (DMFC)Market Snapshot
8.4.1. China Direct Methanol Fuel Cells (DMFC)Market
8.4.2. India Direct Methanol Fuel Cells (DMFC)Market
8.4.3. Japan Direct Methanol Fuel Cells (DMFC)Market
8.4.4. Rest of Asia Pacific Direct Methanol Fuel Cells (DMFC)Market
8.5. Latin America Direct Methanol Fuel Cells (DMFC)Market Snapshot
8.5.1. Brazil Direct Methanol Fuel Cells (DMFC)Market
8.5.2. Mexico Direct Methanol Fuel Cells (DMFC)Market
8.6. Rest of The World Direct Methanol Fuel Cells (DMFC)Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Antig Technology Co., Ltd.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Viaspace Inc.
9.2.3. Neah Power Systems, Inc.
9.2.4. PolyFuel, Inc.
9.2.5. Oorja Protonics, Inc.
9.2.6. Samsung SDI Co Ltd
9.2.7. Toshiba Corporation
9.2.8. Fujikura Ltd.
9.2.9. Panasonic Corporation
9.2.10. MTI Micro Fuel Cells Inc.

Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
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Antig Technology Co., Ltd. (Taiwan)
Viaspace Inc. (US)
Neah Power Systems, Inc. (US)
PolyFuel, Inc. (US)
Oorja Protonics, Inc. (US)
Samsung SDI Co Ltd (South Korea)
Toshiba Corporation (Japan)
Fujikura Ltd. (Japan)
Panasonic Corporation (Japan)
MTI Microfuel Cells Inc. (US)
Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

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