Los Angeles, CA -- (SBWire) -- 05/29/2019 --DMFC is a subcategory of the proton exchange membrane fuel cell (PEMFC) that uses methanol as the fuel. It was invented and developed in 1990. A DMFC anode can draw hydrogen directly from liquid methanol. This action eliminates the need to have a fuel reformer, allowing the direct use of pure methanol as a fuel. Methanol provides several advantages as it is convenient to handle and easily available.
The rising need to save energy and high adoption of green technology in many countries are the major drivers contributing to the growth of the global DMFC market. At present, governments worldwide are taking several initiatives, in terms of investments, R&D, and commercialization, to increase energy efficiency and reduce energy consumption. As a result, there has been an increased focus on energy-efficient products for energy generation and storage, including fuel cells. This has led to growing awareness among consumers about the use of DMFCs. Also, many end-users prefer using energy-efficient products such as DMFCs to expand their energy storage and reduce their operating expenses.
The global DMFC market has few manufacturers. They work on various segments in developing DMFC products for stationary and portable power. There are also some firms that are highly specialized and provide expertise in proprietary technology.
The demand for clean and reliable power sources, coupled with the growing investments in DMFCs, is contributing to the growth of the DMFC market in EMEA. Significant resources are being allocated for the R&D of clean technologies such as DMFC for use in stationary power and in vehicles.
This report studies the Direct Methanol Fuel Cell market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Direct Methanol Fuel Cell in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
DMFCC
Hitachi
Oorja Protonics
SFC Energy
Enocell
FuelCellsEtc
Neah Power Systems
By the product type, the market is primarily split into
Stationary
Portable
By the end users/application, this report covers the following segments
Portable
Stationary
Transportation
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Direct Methanol Fuel Cell Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2025 - QYR
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience