The global Microbial Fuel Cell Market is estimated to expand at ~9.00%
CAGR during the forecast period.
Microbial
fuel cell (MFC) is an bio-electrochemical system which drives the electric
current with the help of bacteria. It harnnesses the power of respiring
microbes and converts organic substrates in to electrical energy. MFC consists
of an two electrodes (anode and cathode) and membrane (a area that separates
two electrodes). Microbes at anode oxidizes the organic fuel generating proton
and electrons. Protons passes through membrane to cathode and electrons passes
through anode to external circuit in order to generate current. MFC has gained
attention due to its ability to generate power from organic or inorganic
compounds throug microorganisms.
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Prominent Players:
The
key players of global microbial fuel cell market Pilus Energy LLC (US), Fluence
Corporation Limited (US), Triqua International BV (The Netherlands),
Electrochem Solutions and Emefcy Ltd (US), MICROrganic Technologies Inc. (US),
Prongineer R&D Ltd (Canada), Vinpro Technologies (India), and Sainergy Tech
(US).
Microbial
Fuel Cell Market Highlights
The global microbial fuel cell Market is set to
witness significant growth due to increasing demand for portable water and
government initiatives for environmental sustainability. Provision of safe
water is necessary globally and wide range of biological and chemical methods
are used to ensure safety of water for consumption. So, microbial fuel cell
technology is used for testing the quality of water sources in order to meet
the rising demand for portable water. On the other hand, limited raw material
availability is one of the major restraints for the global Microbial Fuel Cell
Market. However, the increasing focus on wastewater treatment poses lucrative
business opportunities in the microbial fuel cell market as wastewater is a
source of innumerable microbial flora. So, generation of electricity from
degradation of wastewater with the help of microbial flora is expected to offer
opportunities to microbial fuel cell market.
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Segmentation
Based on application, the market has been segmented
as power generation, wastewater treatment, biosensor, and others. Wastewater
treatment segment is expected to dominate the market during the forecast period
due to rising investments in water & wastewater treatment sector. Moreover,
the key advantages of MFCs in wastewater treatment industry includes less
energy consumption compared to activated sludge process and non-requirement of
highly regulated distribution systems like the ones in hydrogen-based fuel
cells.
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