세계의 DMFC(직접 메탄올 연료전지) 시장(2024-2031년)

Global Direct Methanol Fuel Cell (DMFC) Market Size, Share & Trends Analysis Report by Application (Portable Electronic Devices,Transportation and Stationary Power), Forecast Period (2024-2031)

The global DMFC market is anticipated to grow at a significant CAGR of 12.8% during the forecast period. The growing demand for renewable sources of energy globally to reduce carbon footprints is a key factor driving the growth of the global DMFC market. However, the high cost of the cell technology may restrain its market growth.

Market Dynamics

Increasing Demand For Clean And Sustainable Energy Solutions

The rising global demand for clean and sustainable energy solutions is a significant factor driving the adoption of DMFCs. As concerns about climate change are growing, there is a growing need to transition to low-emission alternatives. DMFC uses methanol as a fuel source, offers a cleaner energy option, and is applicable in various applications, including portable devices and off-grid power. Ongoing technological advancements and increased efficiency are making DMFCs increasingly feasible, positioning with the global shift towards cleaner energy technologies.

Growing R&D Activities In This Technology

With growing consumer interest, private and public organizations are increasingly focusing on R&D aimed at improving DMFC efficiency, power output, and durability by exploring advanced materials and design configurations. This has led to collaborative initiatives between academia, industry, and government entities, supported by significant investments, eventually accelerating technological advancements and facilitating the commercialization of DMFCs for various applications. For instance, in July 2023, the US Department of Energy (DOE) announced $72 million in funding for small businesses to pursue scientific, clean energy, and climate research, development, and demonstration projects. This funding includes $8.6 million for 43 hydrogen and fuel cell projects across 16 states.

Market Segmentation

Our in-depth analysis of the global DMFC market includes the following segments by application:

• Based on application, the market is sub-segmented into portable electronic devices, transportation, and stationary power.

Transportation Segment Share is Expected to Grow Significantly

Among the applications, overall demand for DMFCs is expected to grow significantly in the forecasting period. Globally, the transportation sector has undergone significant transformation due to a growing focus on sustainable solutions from the government, and consumers, leading to a rise in demand for clean transportation solutions, R&D activities, and growing government support, creating favourable opportunities for the growth of the DMFC market. In transportation, DMFC adoption is increasing continuously owing to its advantages such as fast refueling, lower emissions, and high energy density. However, certain challenges such as lack of infrastructural development, storage issues, and costs are affecting negatively overall market growth.

Portable Electronic Devices Sub-segment to Hold a Considerable Market Share

DMFCs offer higher energy density compared to traditional batteries which helps to store more energy in a smaller volume, making them ideal for powering portable devices like smartphones, laptops, and tablets where space is limited.Growing environmental concerns associated with conventional battery technologies, along with demand for sustainable and eco-friendly energy options, have led to the exploration of DMFCs as a cleaner alternative which is also prevalent in the global electronics market. With growing demand, major market players are also focusing on R&D, and increasing production capacity for product portfolio and market expansion, eventually driving overall market growth. For instance, in July 2023, SFC Energy AG, a provider of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, the production of hydrogen and methanol fuel cells at its facility in New Delhi/Gurgaon, India. As per the company, this development is aimed to generate approximately EUR 100 million in annual sales through the development and production of new energy supply systems.

Regional Outlook

The global DMFC market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).

North America Holds Highest Share In Global DMFC Market

North America holds the highest share in the global DMFC market owing to the presence of major market players in the region such as SFC Energy, Portable Power & Lighting, and Horizon Fuel Cell Technologies as well as academic institutions such as National Renewable Energy Laboratory (NREL) and National Research Council of Canada (NRC) which are actively contributing to R&D of DMFC, giving advantage to regional countries. Additionally, North American companies and consumers are more adaptive to emerging technologies such as DMFCs primarily due to high disposable income and developed infrastructure. This helps market players for faster business development in the region, contributing to overall market growth.

Asia-Pacific is the Fastest Growing DMFC market

Among the regions, Asia-Pacific is expected to be the fastest-growing DMFC market globally. The primary factor contributing to the growth of the market is the growing demand for eco-friendly and sustainable energy solutions in the region. Governments in this area strongly emphasize on environmental sustainability and explore alternatives to conventional fossil fuels leading to growing investments, and supportive policies for for technology and infrastructure development from private and public organizations. This has created favorable conditions for the growth of the DMFC market in the regions. Additionally, to cater to growing demand, partnerships and collaborations between market players are also growing, leading to overall market growth. For instance, in September 2023, Advent Technologies Holdings, Inc. disclosed an expansion order agreement worth $1.3 million with a leading fuel cell integrator active in the Asian market. According to the terms of this agreement, Advent will supply its eFuel-powered fuel cell stacks for integration into power applications within the leisure sector in the region.The primary function of Advent's fuel cell stacks is to act as sustainable primary and backup power sources in small cabins, operating seamlessly alongside batteries.

Market Players Outlook

The major companies serving the global DMFC market are Toshiba Corp., Johnson Matthey, LG Fuel Cell Systems Inc.,and Samsung SDI Co., Ltd. among others. With growing demand market players are increasingly adopting strategies such as collaboration, partnerships to invest in R&D, market expansion, and improving production capabilities. For instance, in February 2023, FC TecNrgy and SFC Energy partnered for local manufacturing of hydrogen and methanol fuel cells in India. The agreement focuses on SFC producing its EFOY hydrogen and EFOY methanol fuel cells locally, ensuring quality, while FC TecNrgy acts as the primary market partner, handling opportunities, engineering, assembly of customized fuel cell solutions, system integration, and the development of critical components. This manufacturing facility in Gurugram is expected to be operational by April 2023.

The Report Covers:

• Market value data analysis of 2023and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global DMFC market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

Table of Contents

1.Report Summary

• Current Industry Analysis and Growth Potential Outlook
• 1.1.Research Methods and Tools
• 1.2.Market Breakdown
  • 1.2.1.By Segments
  • 1.2.2.By Region

2.Market Overview and Insights

• 2.1.Scope of the Report
• 2.2.Analyst Insight & Current Market Trends
  • 2.2.1.Key Findings
  • 2.2.2.Recommendations
  • 2.2.3.Conclusion

3.Competitive Landscape

• 3.1.Key Company Analysis
• 3.2.Toshiba Corp.
  • 3.2.1.Overview
  • 3.2.2.Financial Analysis
  • 3.2.3.SWOT Analysis
  • 3.2.4.Recent Developments
• 3.3.Johnson Matthey
  • 3.3.1.Overview
  • 3.3.2.Financial Analysis
  • 3.3.3.SWOT Analysis
  • 3.3.4.Recent Developments
• 3.4.LG Fuel Cell Systems Inc.
  • 3.4.1.Overview
  • 3.4.2.Financial Analysis
  • 3.4.3.SWOT Analysis
  • 3.4.4.Recent Developments
• 3.5.Samsung SDI Co., Ltd.
  • 3.5.1.Overview
  • 3.5.2.Financial Analysis
  • 3.5.3.SWOT Analysis
  • 3.5.4.Recent Developments
• 3.6.Key Strategy Analysis

4.Market Segmentation

• 4.1.Global DMFC Market by Application
  • 4.1.1.Portable Electronic Devices
  • 4.1.2.Transportation
  • 4.1.3.Stationary

5.Regional Analysis

• 5.1.North America
  • 5.1.1.United States
  • 5.1.2.Canada
• 5.2.Europe
  • 5.2.1.UK
  • 5.2.2.Germany
  • 5.2.3.Italy
  • 5.2.4.Spain
  • 5.2.5.France
  • 5.2.6.Rest of Europe
• 5.3.Asia-Pacific
  • 5.3.1.China
  • 5.3.2.India
  • 5.3.3.Japan
  • 5.3.4.South Korea
  • 5.3.5.Rest of Asia-Pacific
• 5.4.Rest of the World

6.Company Profiles

• 6.1.Antig Technology Co., Ltd.
• 6.2.Ballard Power Systems Inc.
• 6.3.Blue World Technologies ApS
• 6.4.Dantherm Power
• 6.5.ElectroChem, Inc.
• 6.6.Enocell AB
• 6.7.FuelCell Energy Inc.
• 6.8.Fujikura Ltd.
• 6.9.Horizon Fuel Cell Technologies
• 6.10.Intelligent Energy Holdings plc
• 6.11.MeOH Power, Inc.
• 6.12.MTI MicroFuel Cells Inc.
• 6.13.MyFC AB
• 6.14.Neah Power Systems, Inc.
• 6.15.Nuvera Fuel Cells
• 6.16.Oorja Protonics Inc.
• 6.17.Powerzinc Electric, Inc.
• 6.18.Proton Motor Fuel Cell GmbH
• 6.19.Serenergy A/S
• 6.20.SFC Energy AG
• 6.21.TreadStone Technologies, Inc.
• 6.22.Ultracell Corp.
• 6.23.VIASPACE Inc.