Direct methanol fuel cells (DMFC) is an
attractive source of energy for mobiles, portable, and stationary applications.
Its main advantage is ease of transport with no complicated storage mechanism.
DMFCs have higher energy density compared to conventional lithium ion
batteries. Such superior characteristics are presumed to play a critical part
in aiding the global market development. Favorable government initiatives and
regulations related to clean energy would further have a positive impact on
direct methanol fuel cells market.
Get
Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/7116
Increasing demand for clean energy and
demand for reduction for carbon emission would drive the demand for DMFC
market. According to BNEF, global spending on renewable energy projects reached
USD 333.5 billion in 2017. Similarly, Oil & Gas giant Shell plc plans to
spend up to USD 1 billion annually by 2020 in its New Energies division which
is dedicated to renewable and low-carbon technology. Furthermore, stringent
environmental regulations would act as a catalyst in driving the demand in DMFC
market, as the regulations would likely to compel countries to shift their
primary energy mix towards cleaner fuels, such as fuel cells.
Key
Players:
The key players of global Direct Methanol
Fuel Cells market are Antig Technology Co.,Ltd. (Taiwan), SFC Energy AG
(Germany), Ballard Power Systems (Canada), Oorja Corporation (US), Meoh Power,
Inc. (US), Horizon Fuel Cell Technologies (Singapore), Fujikura Ltd (Japan),
Treadstone Technologies Inc. (US), and Samsung SDI (South Korea), among others.
Browse Complete Research
Report @ https://www.marketresearchfuture.com/reports/direct-methanol-fuel-cells-market-7116
Industry
Segments
Global Direct Methanol Fuel Cells market
has been segmented based on type, component, application, and region. Based on
component, the market is classified into electrode, membrane, balance of
system, and balance of stack. The balance of system segment is expected to be
the largest segment of Direct Methanol Fuel Cells, by component, in 2018. With
increasing fuel cells in large power applications, there would be an increasing
need for balance of system such as methanol cartridges, more air and water
supply. This factor is expected to boost the demand for the balance of system
component. The global Direct Methanol Fuel Cells market is further segmented
based on application, including portable, stationary, and transportation. Portable segment of the global Direct
Methanol Fuel Cells market is estimated to register the highest growth rate
during the forecast period.
Regional
Analysis
Region wise, Asia Pacific held the largest
market share of the global Direct Methanol Fuel Cells market in 2017. It is
estimated that Asia-Pacific region would be the fastest growing market during
the forecast period, mainly due to the rising investment in railway sector,
rising urbanization and proliferation of electrification. Europe region holds
significant market share and is expected to dominate the global Direct Methanol
Fuel Cells market in terms of revenue contribution. Germany is leading country
contributing to the growth of the European market. The market is mainly driven
by factors such as the gradual shift from diesel-based to diesel-electric
locomotives and electric locomotives.
View
More Info @ https://bit.ly/2GCREvo
About
Market Research Future:
At Market Research Future (MRFR), we
enable our customers to unravel the complexity of various industries through
our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw
Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
No comments:
Post a Comment