Direct Methanol Fuel Cells Market (DMFC) -Global Forecast to 2020

“Growing demand for clean energy is expected to drive the direct methanol fuel cells market at a CAGR of 15.3% during the forecast period”
The Direct Methanol Fuel Cells (DMFC) market is expected to reach a size of USD 188.82 million by 2020, at a CAGR of 15.3% from 2015 to 2020. The demand for DMFCs is being spurred by continuous investments for R&D programs, along with government initiatives in the form of public–private partnerships. Furthermore, methanol is relatively easier to transport and store as compared to hydrogen since it is stable and denser at all environmental conditions. These factors are fueling the growth of the DMFC market.
“DMFCs designed for portable applications are expected to witness the highest growth in the market”
The growth of the DMFC market in portable applications is primarily due to the usage of high energy density fuel, methanol, which is a potential replacement for lithium ion/nickel cadmium batteries. However, factors such as high capital costs and methanol crossover are restraining the growth of this market.
“Asia-Pacific is expected to lead the global DMFC market, in terms of growth rate, followed by North America”
Japan and South Korea are the largest markets for fuel cells in Asia-Pacific. These countries are investing significantly in fuel cell technologies, including DMFC. The Japanese government is investing in fuel cell technology, which will power the 2020 Olympics in Tokyo. Other countries, such as Singapore, India, Indonesia, and Malaysia, have started or are expected to start exclusive programs to promote DMFCs in regional markets. These countries are currently focusing on back-up power (stationary application) fuel cells. India is expected to invest in fuel cell systems that will provide back-up power for telecommunication towers during the forecast period.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitative information as well as assess future market prospects. Distribution of primary interviews is as follows
By Company Type: Tier 1- 15%, Tier2-35%, and Tier 3-50%
By Designation: C-Level-25%, Manager Level-30%, and Others*-45%
By Region: Asia-Pacific-43%, North America-25%, Europe-15%, and RoW-17%
Note1: *Others include sales managers, marketing managers, and product engineers
Note2: The tier of companies has been defined on the basis of their total revenue, as of 2014: Tier 1 = >USD 1 billion, Tier 2 = USD 50 million to USD 1 billion, and Tier 3 = Companies Profiled:
The leading players of the DMFC market include SFC Energy AG (Germany), Oorja Photonics Inc. (U.S.), Ballard Power Systems Inc. (Canada), Horizon Fuel Cell Technologies (Singapore), MEOH Power Inc. (U.S.), Brent-tronics Inc.(U.S.), Treadstone Technologies Inc.(U.S.), Viaspace Inc. (U.S.), EI DU Pont De Nemours and Company (U.S.), IRD Fuel Cell A/S (Denmark), Johnson Matthey(U.K.), Fujikura Ltd. (Japan), Antig Technology Co. Ltd. (Taiwan), and Samsung SDI (South Korea)
Reasons to buy the report: From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends, and Porter’s analysis), market share analysis of top players, value chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, usage patterns, emerging and high-growth segments of the DMFC market, high-growth regions, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
The report provides insights on the following pointers:
Product Analysis and Development: Detailed insights on upcoming technologies, research and development activities, and new product launches in the DMFC market. Usage pattern/ penetration rate (in-depth trend analysis) of products (segment-wise) and purchasing data
Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the DMFC markets across regions, exploit new distribution channels, and new clientele base.
Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments decisions in the DMFC market. A detailed description regarding related and unrelated diversifications pertaining to the market.
Competitive Assessment: In-depth assessment of market shares and company share analysis of the key players forecast till 2020. Develop business strategies and manufacturing capabilities of leading players to enhance the bottom-line of the companies in the DMFC market.
Product/ Brand Perception Analysis: Comprehensive study of customer perception and behavior through our inbuilt social connect tool (digital marketing language) checking the virility and tonality of blogs.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primaries 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 25
2.4.1 ASSUMPTIONS 25
2.4.2 LIMITATIONS 26
3 EXECUTIVE SUMMARY 27
3.1 INTRODUCTION 27
3.1.1 HISTORICAL BACKDROP 27
3.2 CURRENT SCENARIO 27
3.3 FUTURE OUTLOOK 28
3.4 CONCLUSION 31
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE MARKET OPPORTUNITIES 32
4.2 STATIONARY DIRECT METHANOL FUEL CELLS ARE EXPECTED TO DOMINATE IN
THE FORECAST PERIOD 33
4.3 ASIA-PACIFIC HELD THE LARGEST MARKET SHARE IN DIRECT METHANOL FUEL CELLS MARKET IN 2015 34
4.4 ASIA-PACIFIC, THE LARGEST DIRECT METHANOL FUEL CELLS MARKET IN 2014 35
4.5 DIRECT METHANOL FUEL CELLS MARKET: BY APPLICATION 36
4.6 PORTABLE DIRECT METHANOL FUEL CELLS MARKET IS EXPECTED TO GROW AT
THE FASTEST PACE DURING 2015-2020 37
5 MARKET OVERVIEW 38
5.1 INTRODUCTION 39
5.2 MARKET SEGMENTATION 39
5.2.1 BY APPLICATION 39
5.2.1.1 Portable 39
5.2.1.2 Stationary 39
5.2.1.3 Transportation 39
5.2.2 BY COMPONENT 40
5.2.2.1 Electrodes 40
5.2.2.2 Membranes 40
5.2.2.3 Balance of stack 40
5.2.2.3.1 Gas diffusion layer 40
5.2.2.3.2 Bipolar plate 40
5.2.2.4 Balance of system 40
5.2.2.4.1 Fuel system 40
5.3 MARKET DYNAMICS 41
5.3.1 DRIVERS 42
5.3.1.1 Increasing demand for clean energy 42
5.3.1.2 High investments in fuel cell development 43
5.3.1.3 Ease of transport & storage 43
5.3.1.4 High energy density of direct methanol fuel cells 44
5.3.1.5 More reliable than internal combustion engines 44
5.3.2 RESTRAINTS 45
5.3.2.1 Methanol crossover & low efficiency 45
5.3.2.2 Low oil prices 45
5.3.2.3 Expensive catalyst 45
5.3.3 OPPORTUNITIES 45
5.3.3.1 Technological innovation 45
5.3.3.2 Research collaborations 45
5.3.3.3 Portable applications 46
5.3.4 CHALLENGES 46
5.3.4.1 Competition from existing technologies 46
5.3.4.2 Lack of infrastructure for DMFC vehicles 46
5.4 IMPACT OF MARKET DYNAMICS 47
5.5 BURNING ISSUES 48
5.5.1 LOW DURABILITY 48

5.6 SUPPLY CHAIN ANALYSIS 48
5.7 PORTER’S FIVE FORCES ANALYSIS 49
5.7.1 THREAT OF NEW ENTRANTS 50
5.7.2 THREAT OF SUBSTITUTES 50
5.7.3 BARGAINING POWER OF BUYERS 50
5.7.4 BARGAINING POWER OF SUPPLIERS 51
5.7.5 INTENTSITY OF COMPETITIVE RIVALRY 51
6 DIRECT METHANOL FUEL CELLS MARKET, BY APPLICATION 52
6.1 INTRODUCTION 53
6.2 PORTABLE DIRECT METHANOL FUEL CELLS MARKET 55
6.2.1 BY REGION 55
6.2.2 BY COMPONENT 57
6.3 STATIONARY DIRECT METHANOL FUEL CELLS MARKET 57
6.3.1 BY REGION 57
6.3.2 BY COMPONENT 59
6.4 TRANSPORTATION DIRECT METHANOL FUEL CELLS MARKET 59
6.4.1 BY REGION 59
6.4.2 BY COMPONENT 61
7 DIRECT METHANOL FUEL CELLS MARKET, BY COMPONENT 62
7.1 INTRODUCTION 63
7.2 DIRECT METHANOL FUEL CELLS ELECTRODE MARKET 64
7.2.1 BY APPLICATION 64
7.3 DIRECT METHANOL FUEL CELLS MEMBRANE MARKET 65
7.3.1 BY APPLICATION 65
7.4 DIRECT METHANOL FUEL CELLS BALANCE OF SYSTEM MARKET 65
7.4.1 BY APPLICATION 65
7.5 DIRECT METHANOL FUEL CELLS BALANCE OF STACK MARKET 66
7.5.1 BY APPLICATION 66
8 DIRECT METHANOL FUEL CELLS MARKET, BY REGION 67
8.1 INTRODUCTION 68
8.2 ASIA-PACIFIC 71
8.3 NORTH AMERICA 73
8.4 EUROPE 75
8.5 REST OF THE WORLD 76
9 FUEL CELL TECHNOLOGY MARKET, BY TYPE 78
9.1 INTRODUCTION 79
9.2 POLYMER/PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFC) 82
9.3 MOLTEN CARBONATE FUEL CELLS (MCFC) 83
9.4 SOLID OXIDE FUEL CELLS (SOFC) 85
9.5 PHOSPHORIC ACID FUEL CELLS (PAFC) 86
9.6 OTHERS 88
9.7 BY REGION 89
9.7.1 INTRODUCTION 89
9.7.2 ASIA-PACIFIC 91
9.7.3 NORTH AMERICA 93
9.7.4 EUROPE 95
9.7.5 REST OF THE WORLD 97
10 COMPETITIVE LANDSCAPE 99
10.1 OVERVIEW 100
10.2 COMPETITIVE SITUATION & TRENDS 101
10.2.1 CONTRACTS & AGREEMENTS 103
10.2.2 NEW PRODUCT/TECHNOLOGY DEVELOPMENTS 104
10.2.3 MERGERS & ACQUISITIONS 104
10.2.4 EXPANSIONS 105
10.2.5 OTHER DEVELOPMENTS 106
11 COMPANY PROFILES 107
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
11.1 INTRODUCTION 107
11.2 SFC ENERGY AG 108
11.3 BALLARD POWER SYSTEMS INC. 116
11.4 OORJA PROTONICS INC. 121
11.5 HORIZON FUEL CELL TECHNOLOGIES 125
11.6 MEOH POWER, INC. 128
11.7 BREN-TRONICS INCORPORATED 129
11.8 TREADSTONE TECHNOLOGIES INC. 131
11.9 VIASPACE INC. 132
11.10 E. I. DU PONT DE NEMOURS AND COMPANY 133
11.11 IRD FUEL CELL A/S 135
11.12 JOHNSON MATTHEY 137
11.13 FUJIKURA LIMITED 139
11.14 ANTIG TECHNOLOGY CO. LTD. 141
11.15 SAMSUNG SDI 142
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.

12 APPENDIX 144
12.1 INSIGHTS OF INDUSTRY EXPERTS 144
12.2 DISCUSSION GUIDE 145
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 149
12.4 AVAILABLE CUSTOMIZATIONS 150
12.5 RELATED REPORTS 150