“Global Direct Methanol Fuel Cell Market to 2018: Ballard Power System, E.I. du Pont de Nemours, SFC Energy & Toshiba Dominate”
Over the years, there has been a tremendous increase in the number of technological advancements, which has led to a subsequent growth in the usage of DMFCs in various electronics devices. These technological advancements can be used to address the technical limitations of DMFCs by bringing down the fuel crossover and oxidation reduction.
Significant developments have been made to increase the system energy densities. With the increase in energy density, the lifespan and performance of DMFCs will also increase, thereby enabling the usage of DMFCs in many portable applications. Currently, lithium-based batteries are mainly used in portable applications. However, due to the rapid technological advancements, lithium-based batteries are likely to be replaced with DMFCs in the next few years. Thus, the rapid technological advancements is a new trend that is expected to have a positive impact on the market during the forecast period.
One of the major drivers in this market is the high energy density of DMFCs. One of the major advantages of DMFCs is that they use methanol as a fuel. Methanol has a high energy density and can store energy for a longer period of time. Hence, DMFCs are an ideal choice for use in consumer electronic goods such as mobile phones, PCs, cameras, and laptops.
Further, the report states that one of the major challenges in this market is the high cost of DMFC components. One of the major components used in DMFCs is platinum and platinum-based alloys. The high cost of these components increases the overall cost of DMFCs.
The key vendors dominating this market space are:
Ballard Power System Inc.
E.I. du Pont de Nemours and Co
SFC Energy AG
Other vendors mentioned in the report are:
Altair Nanomaterials Inc
Johnson Matthey Fuel Cells
Neah Power Systems Inc
Oorja Protonics Inc
Pacific Fuel Cell Corp
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Application
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
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