Global Direct Methanol Fuel Cell (DMFC) Market Growth 2019-2024

The direct methanol fuel cell (DMFC) is a relatively recent addition to the suite of fuel cell technologies; it was invented and developed in the 1990s by researchers at several institutions in the United States, including NASA and the Jet Propulsion Laboratory. During decades of research, especially around 2010, many high tech companies like NEC, UltraCell they all have dedicated a large mass of R&D source into DMFC, and they all exhibited their prototype of their own DMFC. But as the fact, there are only two companies focus on commercial productions. This report only study the DMFC market will full-time commercial production participants.DMFCs can be seen as one of the most prominent fuel cell technology to be used as a generator and production device in small portable applications due to its high energy storage density fuel, fast refuelling and capability to refuel during operation.
The Direct Methanol Fuel Cell (DMFC) is a subset of the Proton Exchange Membrane (PEM) fuel cell technology. PEM fuel cells have a number of features and advantages that ensure their usage in a variety of power applications including portable and transportation systems to large-scale stationary power systems for buildings and distributed generation. The commercialization of DMFC-systems is driven by consumer demands and desires for secure and reliable power sources that operate alone or as a hybrid energy system combining the fuel cell technology with existing advanced battery technologies.
At present, in developed countries, the Direct Methanol Fuel Cell industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in USA and Europe. The DMFC market is monopolized by SFC Energy AG and Oorja Protonics. There are other company like Fujikura, Hitachi, Ltd, Toshiba, Sony, MTI Micro Fuel Cells Inc, NEC Corp, Neah Power Systems which are under developing in the industry but no mass production.

According to this study, over the next five years the Direct Methanol Fuel Cell (DMFC) market will register a 7.2% CAGR in terms of revenue, the global market size will reach US$ 140 million by 2024, from US$ 100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Direct Methanol Fuel Cell (DMFC) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Direct Methanol Fuel Cell (DMFC) market by product type, application, key manufacturers and key regions and countries.

This study considers the Direct Methanol Fuel Cell (DMFC) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
＜1 KW
1 KW-5 KW
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Defense&Security
Mobility&Industrial Application
Leisure
Materials Handling Equipment
Telecommunications
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
SFC Energy AG
Oorja Protonics
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Direct Methanol Fuel Cell (DMFC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Direct Methanol Fuel Cell (DMFC) market by identifying its various subsegments.
Focuses on the key global Direct Methanol Fuel Cell (DMFC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Direct Methanol Fuel Cell (DMFC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Direct Methanol Fuel Cell (DMFC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.