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Direct Methanol Fuel Cells Market - Global Industry Analysis

Direct Methanol Fuel Cells Market by Component (Electrode, Membrane, Balance of System, and Balance of Stack) and by Application (Portable, Stationary, and Transportation): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 27-Feb-2019 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-3111 Status : Published

Global direct methanol fuel cells market expected to generate around USD 367 million by 2025, at a CAGR of around 15.13% between 2019 and 2025. The high demand for clean and green energy for sustainability and the eco-friendly environment is mainly driving the direct methanol fuel cells market growth.

Description

The report covers a forecast and an analysis of the direct methanol fuel cells market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million) and volume (Units). The study includes drivers and restraints of the direct methanol fuel cells market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the direct methanol fuel cells market on a global level.

In order to give the users of this report a comprehensive view of the direct methanol fuel cells market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Direct Methanol Fuel Cells Market

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to the regions.

The study provides a decisive view of the direct methanol fuel cells market by segmenting the market based on component, application, and region. All the segments have been analyzed based on present and the future trends and the market is estimated from 2019 to 2025. The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some key industry players operating in the global direct methanol fuel cells market include Viaspace Inc., Antig Technology Co. Ltd., CMR Fuel Cells, Neah Power Systems, Inc., Oorja Protonics, Inc., PolyFuel, Inc., Toshiba Corp., Samsung SDI Co. Ltd., IdaTech LLC, Dupont Fuel Cell, Ultracell Corp., Fujikura Ltd., MTI Micro Fuel Cells Inc., and Panasonic Corp., among others.

This report segments the global direct methanol fuel cells market as follows:

Global Direct Methanol Fuel Cells Market: Component Analysis

  • Electrode
  • Membrane
  • Balance of System
  • Balance of Stack

Global Direct Methanol Fuel Cells Market: Application Analysis

  • Portable
  • Stationary
  • Transportation

Global Direct Methanol Fuel Cells Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Direct Methanol Fuel Cells market, 2016-2025(USD Million) (Units)
    • 2.2. Global Direct Methanol Fuel Cells market: snapshot
  •  
  • Chapter 3. Direct Methanol Fuel Cells Market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global Direct Methanol Fuel Cells market drivers: impact analysis
      • 3.2.2. Ease of transportation and storage
    • 3.3. Market Restraints
      • 3.3.1. Global Direct Methanol Fuel Cells market restraints: impact analysis
      • 3.3.2. Methanol crossover and low efficiency
    • 3.4. Opportunities
      • 3.4.1. Growing demand for clean industry
    • 3.5. Porter's Five Forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by Component
      • 3.6.2. Market attractiveness analysis, by Application
      • 3.6.3. Market attractiveness analysis, by Region
  •  
  • Chapter 4. Global Direct Methanol Fuel Cells Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Direct Methanol Fuel Cells market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launch
      • 4.2.3. Agreements, partnerships, collaborations, and joint ventures
      • 4.2.4. Research and development and regional expansion
  •  
  • Chapter 5. Global Direct Methanol Fuel Cells Market - Component Analysis
    • 5.1. Global Direct Methanol Fuel Cells market: Component overview
      • 5.1.1. Global Direct Methanol Fuel Cells market revenue & volume share, by Component, 2018 and 2025
    • 5.2. Electrode
      • 5.2.1. Global Direct Methanol Fuel Cells market for Electrode, 2016-2025 (USD Million) (Units)
    • 5.3. Membrane
      • 5.3.1. Global Direct Methanol Fuel Cells market for Membrane, 2016-2025 (USD Million) (Units)
    • 5.4. Balance of System
      • 5.4.1. Global Direct Methanol Fuel Cells market for Balance of System, 2016-2025 (USD Million) (Units)
    • 5.5. Balance of Stack
      • 5.5.1. Global Direct Methanol Fuel Cells market for Balance of Stack, 2016-2025 (USD Million) (Units)
  •  
  • Chapter 6. Global Direct Methanol Fuel Cells Market - Application Analysis
    • 6.1. Global Direct Methanol Fuel Cells market: Application overview
      • 6.1.1. Global Direct Methanol Fuel Cells market revenue & volume share, by Application, 2018 and 2025
    • 6.2. Portable
      • 6.2.1. Global Direct Methanol Fuel Cells market for Portable, 2016-2025 (USD Million) (Units)
    • 6.3. Stationary
      • 6.3.1. Global Direct Methanol Fuel Cells market for Stationary, 2016-2025 (USD Million) (Units)
    • 6.4. Transportation
      • 6.4.1. Global Direct Methanol Fuel Cells market for Transportation, 2016-2025 (USD Million) (Units)
  •  
  • Chapter 7. Global Direct Methanol Fuel Cells Market - Regional Analysis
    • 7.1. Global Direct Methanol Fuel Cells market: regional overview
      • 7.1.1. Global Direct Methanol Fuel Cells market revenue & volume share, by region, 2018 and 2025
    • 7.2. North America
      • 7.2.1. North America Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
      • 7.2.2. North America Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.2.3. The U.S.
        • 7.2.3.1. The U.S. Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.2.3.2. The U.S. Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.2.4. Rest of North America
        • 7.2.4.1. Rest of North America Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.2.4.2. Rest of North America Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
    • 7.3. Europe
      • 7.3.1. Europe Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
      • 7.3.2. Europe Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.3.3. UK
        • 7.3.3.1. UK Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.3.3.2. UK Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.3.4. Germany
        • 7.3.4.1. Germany Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.3.4.2. Germany Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.3.5. France
        • 7.3.5.1. France Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.3.5.2. France Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.3.6. Rest of Europe
        • 7.3.6.1. Rest of Europe Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.3.6.2. Rest of Europe Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
      • 7.4.2. Asia Pacific Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.4.3. China
        • 7.4.3.1. China Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.4.3.2. China Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.4.4. Japan
        • 7.4.4.1. Japan Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.4.4.2. Japan Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.4.5. India
        • 7.4.5.1. India Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.4.5.2. India Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.4.6. Rest of Asia Pacific
        • 7.4.6.1. Rest of Asia Pacific Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.4.6.2. Rest of Asia Pacific Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
    • 7.5. Latin America
      • 7.5.1. Latin America Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
      • 7.5.2. Latin America Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.5.3.2. Brazil Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
      • 7.5.4. Rest of Latin America
        • 7.5.4.1. Rest of Latin America Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
        • 7.5.4.2. Rest of Latin America Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa Direct Methanol Fuel Cells market revenue & volume, by Component, 2016-2025 (USD Million) (Units)
      • 7.6.2. The Middle East and Africa Direct Methanol Fuel Cells market revenue & volume, by Application, 2016-2025 (USD Million) (Units)
  •  
  • Chapter 8. Company Profile
    • 8.1. Viaspace Inc.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Antig Technology Co. Ltd.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. CMR Fuel Cells
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Neah Power Systems, Inc.
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Oorja Protonics, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. PolyFuel, Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Toshiba Corp.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Samsung SDI Co. Ltd.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. IdaTech LLC
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Dupont Fuel Cell
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

Methodology

Free Analysis

Direct methanol fuel cell technology is considered as innovation and breakthrough in the field of power delivery or portable energy. The direct methanol fuel cells can be proficiently used in consumer electronics and portable devices, such as smartphones and tablets. In comparison to the traditional fuel cells, direct methanol cells have increased shelf life coupled with advanced energy densities. Direct methanol fuel cells are also known as a subcategory of the proton exchange membrane (PEM) fuel cell technology. Methanol is utilized in the fuel cell stack to initiate the chemical reaction (electrolyte) required to generate electricity. Methanol is quite economical as compared to other alcohol products. Additionally, direct methanol fuel cells can be easily stored and transported to the desired places.

The growing demand for clean energy is the key factor contributing to the direct methanol fuel cells market. The rising awareness among the people is fuelling the demand for clean energy, which, in turn, has led consumers to shift their focus on fuel cell technology as the prominent source of power generation. Direct methanol fuel cells emit lesser pollutants as compared to the traditional fuel cells, as they have the capability to use less than 50% energy. Furthermore, the increasing acceptance of direct methanol fuel cells in the consumer electronic goods and portable devices will also boost the direct methanol fuel cells market in the upcoming years. Direct methanol fuel cells are run on methanol that is utilized in windshield wiper fluid. Methanol is economical as well. However, the high product toxicity and flammable attributes of methanol may hinder the direct methanol fuel cells market growth in the future.

Global Direct Methanol Fuel Cells Market

Based on the component, the direct methanol fuel cells market is segmented into the electrode, membrane, balance of system, and balance of stack. On the basis of application, the market is sectored into stationary, portable, and transportation.

By region, the North American direct methanol fuel cells market held an extensive revenue share in 2018 and is anticipated to dominate in the upcoming years as well. This growth can be attributed to the increasing demand for clean energy solutions. The growing product popularity in the region is mainly due to the rapid depletion of fossil fuels and a shift in focus on greener energy solutions. The European region is expected to provide significant growth opportunities in the global direct methanol fuel cells market. The rising number of government rules and regulations is likely to stimulate this regional market in the future. According to the European Commission’s 2020 climate and energy package, the region is going to reduce its greenhouse gas emissions by 20% in 2020 as compared to the GHG emission levels in 1990.

Some key industry players operating in the global direct methanol fuel cells market include Viaspace Inc., Antig Technology Co. Ltd., CMR Fuel Cells, Neah Power Systems, Inc., Oorja Protonics, Inc., PolyFuel, Inc., Toshiba Corp., Samsung SDI Co. Ltd., IdaTech LLC, Dupont Fuel Cell, Ultracell Corp., Fujikura Ltd., MTI Micro Fuel Cells Inc., and Panasonic Corp., among others.

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