MarketsandMarkets: DMFC Unit Shipments to Grow at CAGR of 45.3% from 2011 to 2016
By Marketsandmarkets, PRNESunday, July 10, 2011
DALLAS, July 11, 2011 -
According to the new market research report “
href="www.marketsandmarkets.com/Market-Reports/direct-methanol-fuel-cell-advanced-technologies-and-global-market-research-94.html">
Direct Methanol Fuel Cells (DMFC) Technical
Insights & Market Opportunities“ published by
MarketsandMarkets, the global DMFC unit shipments are expected to
grow from 4,780 units in 2011 to 92,000 units in 2016 at an
estimated CAGR of 45.3% for the same period. Asia is expected to
lead the global
href="www.marketsandmarkets.com/PressReleases/direct-methanol-fuel-cells-market.asp">
DMFC Market with share of 38%; followed by North America (35%),
and Europe (27%) in terms of unit shipments by the year 2016.
Browse 63 market data tables with 19 figures and in-depth
TOC on Direct Methanol Fuel Cells (DMFC) Technical Insights &
Market Opportunities.
href="www.marketsandmarkets.com/Market-Reports/direct-methanol-fuel-cell-advanced-technologies-and-global-market-research-94.html">
www.marketsandmarkets.com/Market-Reports/direct-methanol-fuel-cell-advanced-technologies-and-global-market-research-94.html
Early buyers will receive 10% customization of
report.
The major drivers of DMFC are higher energy density than other
conventional batteries, government funding, and more reliability
than internal combustion engines. The major restraints in
development of DMFC are high cost of catalyst; technical
limitations such as methanol cross over, and need for methanol
cartridge distribution infrastructure. Major challenges in DMFC are
low cost membrane manufacturing and replacement of platinum
catalyst. Industry players are observed to collaborate with other
fuel cell research institutions and component providers to speed up
the commercialization.
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