Microbial Fuel Cell Market Share, Sales Revenue, Industry Landscape, Significant Growth Analysis 2023


Posted September 13, 2019 by DhanashreePawar

The report summarizes market review of the key segments in the market such as by Type, by Depth, by Application, End-User and Region.

 
Microbial Fuel Cell Market Scenario

Microbial fuel cell is a bio-electrochemical device that uses bacteria as the catalysts to oxidize organic and inorganic matter and generate current. Also, microbial is a fuel cell which transforms chemical energy into electricity using oxidation reduction reactions. MFC has gained attention due to its ability to generate power from organic or inorganic compounds throug microorganisms.

Microbial fuel cell (MFC) is an bio-electrochemical system which drives the electric current with the help of bacteria. It harnnesses the power of respiring microbes and converts organic substrates in to electrical energy. MFC consists of an two electrodes (anode and cathode) and membrane (a area that separates two electrodes). Microbes at anode oxidizes the organic fuel generating proton and electrons. Protons passes through membrane to cathode and electrons passes through anode to external circuit in order to generate current. MFC has gained attention due to its ability to generate power from organic or inorganic compounds throug microorganisms.

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Industry Highlights

The global microbial fuel cell Market is set to witness significant growth due to increasing demand for portable water and government initiatives for environmental sustainability. Provision of safe water is necessary globally and wide range of biological and chemical methods are used to ensure safety of water for consumption. So, microbial fuel cell technology is used for testing the quality of water sources in order to meet the rising demand for portable water. On the other hand, limited raw material availability is one of the major restraints for the global Microbial Fuel Cell Market. However, the increasing focus on wastewater treatment poses lucrative business opportunities in the microbial fuel cell market as wastewater is a source of innumerable microbial flora. So, generation of electricity from degradation of wastewater with the help of microbial flora is expected to offer opportunities to microbial fuel cell market.

Segmental Overview

The Microbial Fuel Cell Market has been segmented based on application into power generation, wastewater treatment, biosensor, and others.

Among these end-users, wastewater treatment is the fastest growing segment in the Microbial Fuel Cell Market due to rising investments in water & wastewater treatment sector. Moreover, the key advantages of MFCs in wastewater treatment industry includes less energy consumption compared to activated sludge process and non-requirement of highly regulated distribution systems like the ones in hydrogen-based fuel cells. Also, microbial fuel cells (MFC) yield 50 to 90% less solids to be disposed of and generates more stable sludge compared to the one produced in aerobic treatment process. All these factors are likely to drive the microbial fuel cell market in the wastewater treatment segment.

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Regional Analysis

Region wise, North America held the largest market share of the global Microbial fuel cell market in 2017 driven by significant amount of investments and R&D initiatives from the government and various enterprises. It is also anticipated, that microbial fuel cell technology would be cost-effective as compared to other alternatives including renewable energy production from biomass.

Key Players

The key players of the global Microbial Fuel Cell Market are Pilus Energy LLC (US), Fluence Corporation Limited (US), Triqua International BV (The Netherlands), Electrochem Solutions and Emefcy Ltd (US), MICROrganic Technologies Inc. (US), Prongineer R&D Ltd (Canada), Vinpro Technologies (India), and Sainergy Tech (US).

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Issued By MRFR
Country India
Categories Business , Energy
Tags microbial fuel cell market , microbial fuel cell market demand , microbial fuel cell market forecast , microbial fuel cell market trends
Last Updated September 13, 2019