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Global Direct Methanol Fuel Cells (DMFC) Market To Reach USD 207 Million By 2020

The increasing demand for the clean energy and more save energy will be the main factors to stimulate the Direct Methanol Fuel Cells (DMFC) market; also the global DMFC market has been witnessing technological advancement. However, the high cost of materials could pose a challenge to the growth of this market, according to research, the Global Direct Methanol Fuel Cells (DMFC) market is expected to reach USD 207 million by 2020.
Geographically, currently Asia Pacific is a leader in Direct Methanol Fuel Cells (DMFC) market due to the hefty investments in fuel cell technologies, especially in Japan and South Korea. The Asia Pacific countries, governments of countries such as Japan and South Korea and China have also been undertaking initiatives to reduce dependence on fossil fuel and move toward renewable energy. 

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……………………According to news, The Japanese government is investing in fuel cell technology that will power the 2020 Olympics in Tokyo.
The Direct Methanol Fuel Cells (DMFC) market has also been segmented on the basis of components into electrodes, membranes, balance of stack, and balance of system, among others. Majority of the DMFC market is captured by electrode component.
Over the years, there has been a tremendous increase in the number of technological advancements, which has led to a subsequent growth in the usage of DMFCs in various electronics devices.
Global Direct Methanol Fuel Cells Market (DMFC) market share by region as following:

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Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
Web: www.gosreports.com
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Joanna | Executive - International Business and partner Relations
E-mail: [email protected] 
Tel: 001-510-400-8520
Web: www.gosreports.com