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Direct Methanol Fuel Cells - Global Market Trajectory & Analytics

  • ID: 5029966
  • Report
  • April 2021
  • Region: Global
  • 145 pages
  • Global Industry Analysts, Inc
Global Direct Methanol Fuel Cells Market to Reach $287.8 Million by 2027

Amid the COVID-19 crisis, the global market for Direct Methanol Fuel Cells estimated at US$110.9 Million in the year 2020, is projected to reach a revised size of US$287.8 Million by 2027, growing at a CAGR of 14.6% over the analysis period 2020-2027. Electrode, one of the segments analyzed in the report, is projected to record a 16.4% CAGR and reach US$146.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Membrane segment is readjusted to a revised 14.7% CAGR for the next 7-year period.



The U.S. Market is Estimated at $32.8 Million, While China is Forecast to Grow at 13.9% CAGR

The Direct Methanol Fuel Cells market in the U.S. is estimated at US$32.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$49.6 Million by the year 2027 trailing a CAGR of 13.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.1% and 12.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.

Balance of System Segment to Record 13.2% CAGR

In the global Balance of System segment, USA, Canada, Japan, China and Europe will drive the 13% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$10.9 Million in the year 2020 will reach a projected size of US$25.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$34.1 Million by the year 2027.

Select Competitors (Total 43 Featured):
  • Antig Technology Co. Ltd.
  • Fujikura Ltd.
  • Hitachi Ltd.
  • Oorja Corporation
  • Panasonic Corporation
  • Polyfuel Inc.
  • Samsung SDI Co., Ltd
  • SFC Energy AG
  • Sharp Corporation
  • Toshiba Corporation
  • UltraCell LLC
  • Viaspace, Inc.
  • XNRGI, Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • Table 1: World Current & Future Analysis for Direct Methanol Fuel Cells by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Direct Methanol Fuel Cells by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Electrode by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Electrode by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Membrane by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Membrane by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Balance of System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Balance of System by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for Balance of Stack by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Balance of Stack by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for PorTable by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for PorTable by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 13: World Current & Future Analysis for Stationary by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Stationary by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 15: World Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 16: World 7-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • Table 17: USA Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 18: USA 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 19: USA Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 20: USA 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 21: Canada Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 22: Canada 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 23: Canada Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 24: Canada 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 25: Japan Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 26: Japan 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 27: Japan Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 28: Japan 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 29: China Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 30: China 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 31: China Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 32: China 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 33: Europe Current & Future Analysis for Direct Methanol Fuel Cells by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 34: Europe 7-Year Perspective for Direct Methanol Fuel Cells by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 35: Europe Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 36: Europe 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 37: Europe Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 38: Europe 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 39: France Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 40: France 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 41: France Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 42: France 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 43: Germany Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 44: Germany 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 45: Germany Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 46: Germany 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 47: Italy Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 48: Italy 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 49: Italy Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 50: Italy 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 51: UK Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 52: UK 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 53: UK Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 54: UK 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 55: Rest of Europe Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 56: Rest of Europe 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 57: Rest of Europe Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 58: Rest of Europe 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 59: Asia-Pacific Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 60: Asia-Pacific 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 61: Asia-Pacific Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 62: Asia-Pacific 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
  • Table 63: Rest of World Current & Future Analysis for Direct Methanol Fuel Cells by Component - Electrode, Membrane, Balance of System and Balance of Stack - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 64: Rest of World 7-Year Perspective for Direct Methanol Fuel Cells by Component - Percentage Breakdown of Value Sales for Electrode, Membrane, Balance of System and Balance of Stack for the Years 2020 & 2027
  • Table 65: Rest of World Current & Future Analysis for Direct Methanol Fuel Cells by Application - Portable, Stationary and Transportation - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 66: Rest of World 7-Year Perspective for Direct Methanol Fuel Cells by Application - Percentage Breakdown of Value Sales for Portable, Stationary and Transportation for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 43
Note: Product cover images may vary from those shown
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