Direct Methanol Fuel Cells Market (DMFC) by Application, by Component, & by Region -Global Forecast to 2020
Direct Methanol Fuel Cells Market (DMFC) categories the global market by Application (Portable, Stationary, & Transportation), by Component (Electrode, Membrane, Balance of System, & Balance of Stack), & by Region
(EMAILWIRE.COM, August 02, 2017 ) “Direct Methanol Fuel Cells Market (DMFC) by Application (Portable, Stationary, & Transportation), by Component (Electrode, Membrane, Balance of System, & Balance of Stack), & by Region -Global Forecast to 2020”, defines and segments the global DMFC market with an analysis and forecast of the market size.
Browse 90 market data Tables and 40 Figures spread through 152 Pages and in-depth TOC on "Direct Methanol Fuel Cells Market - Global Forecast to 2020 "
<||>rnhttp://www.marketsandmarkets.com/Market-Reports/direct-methanol-fuel-cell-advanced-technologies-and-global-market-research-94.html
Direct Methanol Fuel Cells (DMFC) market is expected to grow from an estimated USD 92.65 Million in 2015 to USD 188.82 Million by 2020, at a CAGR of 15.3% from 2015 to 2020. Increasing demand for clean energy coupled with government initiatives in the form of funding is driving the market globally.
The DMFC market for portable application to grow at the highest rate
The market has been segmented into application, component, and region. By application, the market has been subsegmented into portable, stationary, and transportation. The portable application segment is expected to exhibit the highest growth rate during the forecast period. The growth can be attributed to the use of higher energy density fuel, namely methanol, which is a potential replacement for lithium ion/nickel cadmium batteries. Along with this, benefits such as easy recharge with changing methanol cartridge, cold start, and extended power back-up are driving the development of DMFC in portable applications.
The balance of system component is estimated to drive the DMFC market with the highest growth rate
On the basis of component, the market has been segmented into electrode, membrane, balance of system, and balance of stack. The balance of system component is expected to grow at the highest CAGR during the forecast period. Direct methanol fuel cells are put to use with the help of a DMFC system that contains arrangement and provision for methanol cartridges, air supply, water management, and housing design & assembly. With increasing fuel cells in large power applications, there would be an increased need for balance of system such as methanol cartridges, more air and water supply. This factor is expected to fuel the demand for the balance of system component.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=239430160
Asia-Pacific is estimated to be the global leader in DMFC market, by value, for the next five years.
On the basis of region, the market has been segmented into Asia-Pacific, North America, Europe, and Rest of the World. Asia-Pacific represents the largest market for green technologies in the world. This growth can be attributed to the high adoption of fuel cell technology in countries such as South Korea and Japan. Other developing countries in the region, such as China and India, are also adopting fuel cell technology to meet their domestic energy demand through eco-friendly means.
The DMFC market was dominated by SFC Energy AG (Germany), Ballard Power Systems Inc. (Canada), and Oorja Protonics (U.S.), in 2015. These market players have also been active in the competitive developments of the DMFC market.
The report segments the market on the basis of application into portable, stationary & transportation; by component into electrode, membrane, balance of system, and balance of stack; and by region into Asia-Pacific,North America, Europe, and Rest of the World. Market share analysis, by revenue for key companies, is included in the report. The scope accordingly aids market participants to identify high growth markets and help managing key investment decisions.
Purchase Complete Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=94
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Browse 90 market data Tables and 40 Figures spread through 152 Pages and in-depth TOC on "Direct Methanol Fuel Cells Market - Global Forecast to 2020 "
<||>rnhttp://www.marketsandmarkets.com/Market-Reports/direct-methanol-fuel-cell-advanced-technologies-and-global-market-research-94.html
Direct Methanol Fuel Cells (DMFC) market is expected to grow from an estimated USD 92.65 Million in 2015 to USD 188.82 Million by 2020, at a CAGR of 15.3% from 2015 to 2020. Increasing demand for clean energy coupled with government initiatives in the form of funding is driving the market globally.
The DMFC market for portable application to grow at the highest rate
The market has been segmented into application, component, and region. By application, the market has been subsegmented into portable, stationary, and transportation. The portable application segment is expected to exhibit the highest growth rate during the forecast period. The growth can be attributed to the use of higher energy density fuel, namely methanol, which is a potential replacement for lithium ion/nickel cadmium batteries. Along with this, benefits such as easy recharge with changing methanol cartridge, cold start, and extended power back-up are driving the development of DMFC in portable applications.
The balance of system component is estimated to drive the DMFC market with the highest growth rate
On the basis of component, the market has been segmented into electrode, membrane, balance of system, and balance of stack. The balance of system component is expected to grow at the highest CAGR during the forecast period. Direct methanol fuel cells are put to use with the help of a DMFC system that contains arrangement and provision for methanol cartridges, air supply, water management, and housing design & assembly. With increasing fuel cells in large power applications, there would be an increased need for balance of system such as methanol cartridges, more air and water supply. This factor is expected to fuel the demand for the balance of system component.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=239430160
Asia-Pacific is estimated to be the global leader in DMFC market, by value, for the next five years.
On the basis of region, the market has been segmented into Asia-Pacific, North America, Europe, and Rest of the World. Asia-Pacific represents the largest market for green technologies in the world. This growth can be attributed to the high adoption of fuel cell technology in countries such as South Korea and Japan. Other developing countries in the region, such as China and India, are also adopting fuel cell technology to meet their domestic energy demand through eco-friendly means.
The DMFC market was dominated by SFC Energy AG (Germany), Ballard Power Systems Inc. (Canada), and Oorja Protonics (U.S.), in 2015. These market players have also been active in the competitive developments of the DMFC market.
The report segments the market on the basis of application into portable, stationary & transportation; by component into electrode, membrane, balance of system, and balance of stack; and by region into Asia-Pacific,North America, Europe, and Rest of the World. Market share analysis, by revenue for key companies, is included in the report. The scope accordingly aids market participants to identify high growth markets and help managing key investment decisions.
Purchase Complete Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=94
About MarketsandMarkets™:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results