Micro fuel cells is a power source for electronic devices that uses oxidized hydrogen or alcohol that converts chemical energy into electrical energy. Micro fuel cells are used as an alternative of batteries in mobiles, laptops, cameras and portable radios, it provides power up to 50 Watts. They can be said as scaled down versions of the micro fuel cells (that are used in vehicles).
The high initial cost of Micro fuel cells and its flammable nature can slowdown the growth of global Micro fuel cells market. Moreover, Micro fuel cells are bigger in size as compared to batteries that can be a restraining factor in the global Micro fuel cells market.
North America is the leader in the micro fuel cells market due to its growing consumer electronics and other portable electronics market. North America is followed by Asia Pacific in terms of the market share in the global micro fuel cells market owing to its rising smartphones and portable chargers market. China and India are the major contributor in this region.
The Micro Fuel Cells market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Micro Fuel Cells.
This report presents the worldwide Micro Fuel Cells market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Neah Power Systems
Horizon Fuel Cell Technologies
Ballard Power Systems
Micro Fuel Cells Breakdown Data by Type
By Product Type
Air-Cooled Micro Fuel Cells
Liquid Cooled Micro Fuel Cells
Small Bread Box Sized
Micro Fuel Cells Breakdown Data by Application
Material Handling Equipment
Micro Fuel Cells Production by Region
Micro Fuel Cells Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Micro Fuel Cells status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Micro Fuel Cells manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Micro Fuel Cells :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Micro Fuel Cells market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.