MarketsandMarkets: DMFC Unit Shipments to Grow at CAGR of 45.3% from 2011 to 2016

By Marketsandmarkets, PRNE
Sunday, July 10, 2011

DALLAS, July 11, 2011 -

According to the new market research report “ href="">
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="">
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.


Early buyers will receive 10% customization of

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.

About MarketsandMarkets

MarketsandMarkets (M&M) is a global href="">market research and
consulting company based in the U.S. We publish strategically
analyzed market research reports and serve as a business
intelligence partner to Fortune 500 companies across the world.

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profiles, databases, and custom research services. M&M covers
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automotives and transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy and power, food
and beverages, industrial automation, medical devices, href="">
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telecommunications and IT.

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