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Introduction
Molten carbonate fuel cells (MCFCs) uses biogas and natural gas as fuel and can be operated at high temperature. MCFC permits non-precious materials for using as catalyst on both cathode and anode leading to reduction in cost. Molten carbonate fuel cells are 50% to 60% effective at transforming fuel to electricity and it can be improved by seizing the leftover heat.
Market Dynamics
It provides low cost over phosphoric acid fuel cells. In addition, improved efficacy is also one of the major reasons for driving growth of this market. However, MCFC are less durable in nature when compared to other fuel cells, hence, this factor can restraint growth of this market. MCFC are easy to operate and low cost availability of these cells is highly expected to grow molten carbonate fuel cell market in near future.
Market Classification
The market can be bifurcated on the basis of product, end user and geography. By product, molten carbonate fuel cell (MCFC) market can be segmented into coal fuel, natural gas fuel and other. By end user, molten carbonate fuel cell (MCFC) market can be segmented into household thermoelectric system, distributed generation, power plant and other. On the basis of geography, the molten carbonate fuel cell (MCFC) market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
Report Coverage
Market |
Molten Carbonate Fuel Cell (MCFC) Market |
Analysis Period |
2015 – 2026 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2026 |
Market Stratification |
Product, End User, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the major players involved in molten carbonate fuel cell (MCFC) market include Johnson Controls, Fuel Cells Plc, Samsung Sdi, Fujikura Ltd, Hitachi Ltd., Dupont Fuel Cell, Cmr Sharp Corp, Sfc Power, Toshiba Corp, Ultracell Corp, and Polyfuel Inc among others.
Market Segmentation
Market By Product
Coal Fuel
Natural Gas Fuel
Other
Market By End User
Household Thermoelectric System
Distributed Generation
Power Plant
Other
Market By Region
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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