PRLog (Press Release)– Jul 21, 2011– Global direct methanol fuel cell (DMFC) market is expected to grow from 14,200 unit shipments in 2011 to 92,000 unit shipments by the year 2016 at an estimated CAGR of 45.3% for the same period. Asia is expected to lead the market with 38% share; followed by North America (35%), and Europe (27%) in terms of unit shipments by the year 2016. DMFC revenue is expected to reach $109 million by the year 2016 from $17.5 million in the year 2010.
The report "Direct Methanol Fuel Cells (DMFC) Technical Insights & Market Opportunities" di dodge scusses the cost structure, investments, volume break down, and policies and regulations. Some geographic markets which are pioneers in fuel cell manufacturing and research activities such as U.S., Canada, Germany, UK, Japan, and South Korea are analyzed in detail. The report also discusses about applications of direct methanol fuel cells like portable (cell phones, laptops), stationary power units, and transportation (DMFC powered vehicles).
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