DMFC

Global Fuel Cell Market Forecast Report 2023-2028: Increasing Generation of Distributed Power Using Low-Carbon Fuels

Retrieved on: 
Thursday, January 11, 2024
Proton, Transport, MFC, Vacuum breaker, PAFC, Component, AFC, Commercial, Carbon, CHP, USD, PEMFC, Region, DMFC, Growth

Additionally, the fuel cell market will grow in the future owing to the increased requirement for fuel cell setup in power generation and combined heat and power (CHP) applications.

Key Points: 
  • Additionally, the fuel cell market will grow in the future owing to the increased requirement for fuel cell setup in power generation and combined heat and power (CHP) applications.
  • Proton exchange membrane fuel cell: The second largest segment of the fuel cell market, by type
    Based on type, the fuel cell market has been split into two types: solid oxide fuel cell, proton exchange membrane fuel cell, phosphoric acid fuel cell, microbial fuel cell, direct methanol fuel cell, and alkaline fuel cell.
  • Based on application, the fuel cell market is segmented into stationary, fuel cell vehicles, and portable.
  • The fuel cell vehicles segment is expected to be the second-largest segment of the fuel cell market during the forecast period.

EQS-News: SFC Energy AG and Johnson Matthey expand their strategic partnership to focus on hydrogen fuel cells and conclude technology transfer for direct methanol fuel cell systems

Retrieved on: 
Tuesday, April 18, 2023
Hydrogen, Johnson Matthey Battery Systems, Partnership, JM, Joint, JDA, Methanol, SFC, Hydrogen technologies, Carbon, Conducted emissions, DE, PEM, DMFC, Johnson Matthey, ISIN, Memorandum of understanding, Membrane electrode assembly, Direct methanol fuel cell, Electric battery, Renewable energy

Under this partnership, JM commits to developing and supplying proton exchange membrane components (PEMs) for the H2-PEM stack developed by SFC Energy, the core of the SFC hydrogen fuel cell.

Key Points: 
  • Under this partnership, JM commits to developing and supplying proton exchange membrane components (PEMs) for the H2-PEM stack developed by SFC Energy, the core of the SFC hydrogen fuel cell.
  • With more than 60,000 fuel cells sold worldwide, SFC is expanding its range of higher-power hydrogen fuel cells for stationary markets.
  • The long-term collaboration between SFC and JM has to date centered around the supply of components for SFC's direct methanol fuel cell systems (DMFC).
  • In this way, SFC Energy secures a stable supply chain and significantly increases the value-added share for methanol fuel cells by integrating component production.

Stationary Fuel Cell Market to Reach $9.0 Billion, Globally, by 2031 at 13.1% CAGR: Allied Market Research

Retrieved on: 
Monday, February 27, 2023
Proton, Low-power electronics, Greenhouse, Carbon, Transport, Forest Law Enforcement and Governance Program, PDF, Carbonate, Climate, Table, Organization, OCED, SOFC, Growth, MCFC, Traction, Less, GHG, UPS, DMFC, Uninterruptible power supply, CO2, CHP, KW, COVID-19, PEMFC, PAFC, Prime power, Renewable energy

PORTLAND, Ore., Feb. 27, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Stationary Fuel Cell Market by Capacity (Less than 1kW, 1 KW to 5kW, 5kW to 250kW, 250kW to 1MW, More than 1MW), by Type (Proton Exchange Membrane Fuel Cell (PEMFC), Phosphoric Acid Fuel Cell (PAFC), Molten Carbonate Fuel Cell (MCFC), Solid Oxide Fuel Cell (SOFC), Direct Methanol Fuel Cell (DMFC), Others), by Application (Combined Heat and Power (CHP), Prime Power, Uninterrupted Power Supply (UPS), Others), by End-Use Industry (Transportation, Defense, Oil and Gas, Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the global stationary fuel cell industry was valued at $2.6 billion in 2021 and is estimated to generate $9.0 billion by 2031, witnessing a CAGR of 13.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points: 
  • However, the high cost of fuel cell systems and lack of hydrogen infrastructure hinder the global market growth.
  • On the other hand, technological advancements in fuel cells, such as flexibility & improving operational efficiency, and rapid investment toward R&D of fuel cell systems will present new growth opportunities for the global stationary fuel cell market in the coming years.
  • However, the molten carbonate fuel cell (MCFC) segment is projected to witness the fastest CAGR of 14.6% from 2022 to 2031.
  • Asia-Pacific has amazing potential for the stationary fuel cell market due to the rising concerns from governments across emerging nations, such as China, India, and South Korea, towards zero carbon emission norms.

Stationary Fuel Cell Market to Reach $9.0 Billion, Globally, by 2031 at 13.1% CAGR: Allied Market Research

Retrieved on: 
Monday, February 27, 2023
Proton, Low-power electronics, Greenhouse, Carbon, Transport, Forest Law Enforcement and Governance Program, PDF, Carbonate, Climate, Table, Organization, OCED, SOFC, Growth, MCFC, Traction, Less, GHG, UPS, DMFC, Uninterruptible power supply, CO2, CHP, KW, COVID-19, PEMFC, PAFC, Prime power, Renewable energy

PORTLAND, Ore., Feb. 27, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Stationary Fuel Cell Market by Capacity (Less than 1kW, 1 KW to 5kW, 5kW to 250kW, 250kW to 1MW, More than 1MW), by Type (Proton Exchange Membrane Fuel Cell (PEMFC), Phosphoric Acid Fuel Cell (PAFC), Molten Carbonate Fuel Cell (MCFC), Solid Oxide Fuel Cell (SOFC), Direct Methanol Fuel Cell (DMFC), Others), by Application (Combined Heat and Power (CHP), Prime Power, Uninterrupted Power Supply (UPS), Others), by End-Use Industry (Transportation, Defense, Oil and Gas, Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the global stationary fuel cell industry was valued at $2.6 billion in 2021 and is estimated to generate $9.0 billion by 2031, witnessing a CAGR of 13.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points: 
  • However, the high cost of fuel cell systems and lack of hydrogen infrastructure hinder the global market growth.
  • On the other hand, technological advancements in fuel cells, such as flexibility & improving operational efficiency, and rapid investment toward R&D of fuel cell systems will present new growth opportunities for the global stationary fuel cell market in the coming years.
  • However, the molten carbonate fuel cell (MCFC) segment is projected to witness the fastest CAGR of 14.6% from 2022 to 2031.
  • Asia-Pacific has amazing potential for the stationary fuel cell market due to the rising concerns from governments across emerging nations, such as China, India, and South Korea, towards zero carbon emission norms.

Global Direct Methanol Fuel Cell (DMFC) Market Report 2022: Sector Poised to Lead the Way In Portable Electronic Device Power - ResearchAndMarkets.com

Retrieved on: 
Monday, October 24, 2022
Other Energy, Energy, Transport, DuPont, Direct methanol fuel cell, Balance of system, Research, Electrode, Methanol, Technology, Horizon Fuel Cell Technologies, Industry, Samsung, Miniaturization, Component, Communication, App Store (iOS/iPadOS), Electricity, COVID-19, USD, Renewable energy, Coal, Electric battery, Watt, Portable, DMFC, Application

According to a research report published in September 2022, the Global Direct Methanol Fuel Cell Market was valued at USD 187.56 million in the year 2022.

Key Points: 
  • According to a research report published in September 2022, the Global Direct Methanol Fuel Cell Market was valued at USD 187.56 million in the year 2022.
  • These fuel cells lead the field in fuel cell systems for off-grid power & mobile applications for Mission Critical Communication / IT/ Optronics/ Sensors/ Auxiliary Power etc.
  • The report analyses the Direct Methanol Fuel Cell Market by Value (USD millions), Volume (units) and Megawatts.
  • The report presents the analysis of the Direct Methanol Fuel cell market for the historical period of 2018-2021, estimated year 2022 and the forecast period of 2023-2028.

Hydrogen Fuel Cell Global Market to Reach $80.48 Billion by 2030 with a 21.2% CAGR

Retrieved on: 
Thursday, September 22, 2022
Hydrogen, Revenue, PAFC, Efficiency, DMFC, Fuel cell, Application, Air pollution, Growth, Climate change, AFC, Government, USD, Electricity, Technology, SOFC, Pollutant, Greenhouse, MCFC, PEMFC, CAGR, Renewable energy, Coal

The global Hydrogen Fuel Cell market was valued at USD 14.72 Billion in 2021 and is projected to grow at a CAGR of 21.2% from 2021 to reach USD 80.48 Billion by the year 2030.

Key Points: 
  • The global Hydrogen Fuel Cell market was valued at USD 14.72 Billion in 2021 and is projected to grow at a CAGR of 21.2% from 2021 to reach USD 80.48 Billion by the year 2030.
  • The rising concerns over climate change and air pollution are the major factors driving the growth of the hydrogen fuel cell market.
  • However, the high cost of fuel cells and the lack of infrastructure are the major factors restraining the growth of the hydrogen fuel cell market.
  • On the basis of type, the hydrogen fuel cell market has been classified into PEMFC, DMFC, AFC, PAFC, SOFC, and MCFC.

Wave Energy Converter Market worth $28 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 21, 2022
Knowledge, Transport, GEM, Infrastructure, ROW, PAFC, Efficiency, DMFC, Small, FCV, AFC, Component, Intelligence, Defense, Technology, SME, Wave power, SOFC, Ocean Power Technologies, Nacelle, Research, PEMFC, MFC, Renewable energy, Marketing

The oscillating water column segment holds the largest share of the Wave Energy Converter Market.

Key Points: 
  • The oscillating water column segment holds the largest share of the Wave Energy Converter Market.
  • The offshore segment is expected to be the fastest growing Wave Energy Converter Market, by location, during the forecast period.
  • The Wave Energy Converter Market, by location, is divided into shoreline, nearshore and offshore, wherein the offshore segment accounts for the largest share.
  • In this report, the Wave Energy Converter Market has been analyzed for four regions, namely, North America, Europe, Asia Pacific, and ROW.

Wave Energy Converter Market worth $28 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 21, 2022
Knowledge, Transport, GEM, Infrastructure, ROW, PAFC, Efficiency, DMFC, Small, FCV, AFC, Component, Intelligence, Defense, Technology, SME, Wave power, SOFC, Ocean Power Technologies, Nacelle, Research, PEMFC, MFC, Renewable energy, Marketing

The oscillating water column segment holds the largest share of the Wave Energy Converter Market.

Key Points: 
  • The oscillating water column segment holds the largest share of the Wave Energy Converter Market.
  • The offshore segment is expected to be the fastest growing Wave Energy Converter Market, by location, during the forecast period.
  • The Wave Energy Converter Market, by location, is divided into shoreline, nearshore and offshore, wherein the offshore segment accounts for the largest share.
  • In this report, the Wave Energy Converter Market has been analyzed for four regions, namely, North America, Europe, Asia Pacific, and ROW.

Hydrogen Fuel Cell Global Market Report 2022: Rising Investments by Private and Governmental Organizations Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 15, 2022
Automotive, Technology, Other Technology, Alternative Energy, Energy, Alternative Vehicles, Fuels, Hydrogen, Revenue, PAFC, Efficiency, DMFC, Fuel cell, Application, Air pollution, Growth, Climate change, AFC, Government, USD, Electricity, Technology, SOFC, Pollutant, Greenhouse, MCFC, PEMFC, CAGR, Coal, Renewable energy

The rising concerns over climate change and air pollution are the major factors driving the growth of the hydrogen fuel cell market.

Key Points: 
  • The rising concerns over climate change and air pollution are the major factors driving the growth of the hydrogen fuel cell market.
  • In addition, the increasing investment by government and private organizations in fuel cell technology is expected to provide a further boost to the market growth.
  • However, the high cost of fuel cells and the lack of infrastructure are the major factors restraining the growth of the hydrogen fuel cell market.
  • The increasing investment by government and private organizations in fuel cell technology is also expected to boost the market growth.

Fuel Cell Generator Market worth $1.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, July 20, 2022
Hydrogen, Knowledge, Linde plc, AFC, Electricity generation, Precision agriculture, SOFC, DMFC, Partnership, PEMFC, Small, Methanol, Public utility, Australian Renewable Energy Agency, GHG, GEM, Bloom Energy, Water, Planar, Intelligence, Research, Climate, CAGR, Growth, ARENA, Blue, Nigeria Renewable Energy Master Plan, Government, Electrolysis, USD, Quality of life, Soil, SME, Transport, Less, Siemens Energy, Defense, Private sector, MFC, Hyundai, Commercial, Fuel cell, Ballard Power Systems, Adoption, FCV, Merchant, Generation, Aquaculture, PAFC, Renewable energy, Electric battery, Marketing, Technology, Region, Methanation, Ammonia

CHICAGO, July 20, 2022 /PRNewswire/ -- Fuel Cell Generator Market is projected to grow from USD 0.3 billion in 2022 to USD 1.4 billion by 2030, at a CAGR of 19.9% according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, July 20, 2022 /PRNewswire/ -- Fuel Cell Generator Market is projected to grow from USD 0.3 billion in 2022 to USD 1.4 billion by 2030, at a CAGR of 19.9% according to a new report by MarketsandMarkets.
  • A key factor driving the growth of the Fuel Cell Generator Market is government policies and incentives provided for fuel cells.
  • In August 2020, Siemens Energy installed fuel cell generator at a building site of major infrastructure in UK removing the demand for diesel generator.
  • These factors are the prime reasons for the growth of the Fuel Cell Generator Market in Asia Pacific and Europe.