DUBLIN, March 3, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/fw6wbd/global_direct) has announced the addition of the "Global Direct Methanol Fuel Cell Market 2016-2020" report to their offering.
This comprehensive report predicts that the global DMFC market will grow with a CAGR of 40.47% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Advances in technology have boosted the growth and use of DMFCs in different electronics devices. For instance, the use of DMFC in combination with batteries in forklifts extends the working time, reduces the operating cost, and also reduces the greenhouse gas emissions. Oorja Model 3, when used in a MHE, reduces the dependency on grid power and the CO2 emissions by 66%. These technological advancements can find solutions and help address the technical limitations of DMFCs.
According to the report, Energy density is defined as the amount of energy stored in a device for a certain period of time. One of the main advantages of DMFCs is that they use the high energy density methanol as fuel. It burns slower than gasoline, producing energy for a longer period of time. Thus, DMFCs are the ideal choice for small vehicles such as tuggers and forklifts. DMFCs are also best suited for portable power usage in consumer electronic goods such as mobile phones, PCs, cameras, and laptops.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Oorja Protonics
- SFC Energy
- Neah Power Systems
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: About Author
For more information visit http://www.researchandmarkets.com/research/fw6wbd/global_direct
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