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Direct Methanol Fuel Cell Market Share

Report ID: GMI7883
Published Date: Jan 2024
Report Format: PDF

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Direct Methanol Fuel Cell Market Share

Companies in the DMFC industry were engaging in collaborations and partnerships to leverage complementary expertise, share resources, and accelerate the development and commercialization of DMFC technology. In addition, joint ventures and strategic alliances enhance research capabilities, expand the market reach, and foster innovation across the Direct Methanol Fuel cell industry.

Direct Methanol Fuel Cell Market Companies

Eminent players operating across the direct methanol fuel cell industry include:

SFC Energy AG
DMFC Corporation
Antig Technology Co. Ltd.
Treadstone Technologies Inc.
Oorja Protonics
Blue World Technologies
Panasonic Corporation
Toshiba Energy Systems & Solutions Corporation
Advent Technologies
Roland Gumpert
MeOH Power
Mitsubishi Gas Chemical Trading, Inc.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of direct methanol fuel cell was worth over USD 128 million in 2023 and is expected to reach 465 million by 2032, owing to large scale utilization across portable power applications along with ongoing R&D activities worldwide.

The balance of stacks component segment in the direct methanol fuel cell industry is expected to register over 15% CAGR from 2024 to 2032, owing to their ability to optimize the overall system and enhance the efficiency, durability, and reliability.

Asia Pacific direct methanol fuel cell market is expected to register over 9% CAGR from 2024 to 2032, due to the economies comprising Japan and South Korea, showing keen interest in fuel cell technologies, including DMFCs in the region.

Antig Technology Co. Ltd., Treadstone Technologies Inc., Oorja Protonics, Blue World Technologies, Panasonic Corporation, Toshiba Energy Systems & Solutions Corporation, Advent Technologies, and Roland Gumpertare are some of the major direct methanol fuel cell companies worldwide.