Global Microbial Fuel Cell Market is valued at approximately USD 275.5 million in 2022 and is anticipated to grow with a healthy growth rate of more than 4.8% during the forecast period 2023-2030. Microbial Fuel Cells (MFCs) are non-combustive electrical energy producers that use organic materials as substrates, or the microorganisms' food, and bacteria as biocatalysts. These living bacteria transform Chemical energy into useful electrical energy as they digest the substrate. Microbial fuel cells (MFCs) have the capacity to employ agricultural residues such as manure, maize stover, or used straw bedding as substrates, along with waste products like rumen fluid to serve as a source for bio-catalysts. This utilization of commonly generated materials, often considered as waste, renders MFCs cost-effective to construct. The major market catalysts are considered mostly with the concern of building a eco-friendly environment such as, the need of using low cost renewable energy sources with less emissions of harmful chemicals and the growing population utilizing huge amount of water proposes the need of long term initiatives to sustain water in the planet. Another major driver to be considered is the government's initiatives and investments in aiding eco-friendly energy sources
According to the European Strategy and Policy Analysis System (ESPAS), by 2050 the levels of BOD, N, and P discharged into water bodies around the world are projected to increase by 11-32% (BOD), 46-62% (N) and 24-40% (P) which will increase the need to purify water into usable form serving as a platform to perform by the Microbial Fuel cell industries. According to the UN, by 2030, affordable energy from renewable sources are forecasted to account for 65% of the world's total electrical supply. By 2050, it could decarbonize 90% of the electricity industry, drastically reducing carbon emissions and assisting in the fight against climate change pushing the demand of clean energy sources like Microbio Fuel cells. Furthermore, Population growth, lifestyle changes, development, and agricultural practices are projected to increase the demand for water during the next 20 years by 30% from the current levels , proving various opportunities for the scope of Microbial Fuel Cell market.Microbial fuel cells are used in place of other fuel cells because of their excellent mechanical strength, electrical conductivity, and corrosion resistance.. However, the initial high investment of Microbial Fuel Cell in setting up the plant and technological advancements stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Microbial Fuel Cell Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with a strong demand for microbial fuel cells which has resulted from rising electricity consumption in the industrial and residential sectors as well as a recent increase in consumer health consciousness and sanitization. Asia Pacific is expected to grow significantly over the forecast period due to their constant efforts & investments in research and development of modern technologies to create a sustainable eco-friendly environment.
Major market player included in this report are:
- Praxair,Inc.
- Metprocell
- AVL
- Ballard Power Systems
- Toshiba Electronics
- Plug power , Inc.
- Fuel cell energy, Inc.
- Hydrogenics
- Doosan fuel cell America Inc
- Horizon Fuel Cell technologies Pte, Ltd.
Recent Developments in the Market:
- In February 2024, Bekaert and Toshiba Energy Systems and Solutions Corporation entered a global partnership which includes a strategic cooperation agreement, and a manufacturing technology license for Membrane Electrode Assemblies (MEA), a key component for Proton Exchange Membrane (PEM) electrolyzers. advanced iridium-saving MEA technology, coupled with Bekaert's longstanding expertise in PTL, forms a promising partnership.
- In February 2024, Plug and Uline expanded Partnership to supply Hydrogen and Fuel Cells at four Additional Sites including Uline's new campus in Kenosha, Wisconsin. Uline became one of Plug's biggest clients with this expanded relationship, running 520 fuel cells and 34 dispensers across ten facilities.
- March 2021, Toyota corporation launched its second-generation microbial fuel-cell car, the Mirai FCEV. A 200-kilowatt electrolyser and a 100-kilowatt battery are part new hydrogen production facility and refuelling station at its defunct automobile factory in Melbourne, Australia, which is powered by an 84-kilowatt solar array and a 100-kilowatt battery. This innovation have made the facility to function again, offering various benefits to the environment around including employment opportunities.
Global Microbial Fuel Cell Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Type, Application, End user, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
By Application:
- Power generation
- Wastewater treatment.
- Biosensor
- Bio recovery
- Education
By End use:
- Food & Beverage
- Agriculture
- Healthcare
- Military
- Power
- Education
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1.Executive Summary
- 1.1.Market Snapshot
- 1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1.Microbial Fuel Cell Market, by Region, 2020-2030 (USD Million)
- 1.2.2.Microbial Fuel Cell Market, by Type, 2020-2030 (USD Million)
- 1.2.3.Microbial Fuel Cell Market, by Application, 2020-2030 (USD Million)
- 1.2.4.Microbial Fuel Cell Market, by End use, 2020-2030 (USD Million)
- 1.3.Key Trends
- 1.4.Estimation Methodology
- 1.5.Research Assumption
Chapter 2.Global Microbial Fuel Cell Market Definition and Scope
- 2.1.Objective of the Study
- 2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
- 2.3.Years Considered for the Study
- 2.4.Currency Conversion Rates
Chapter 3.Global Microbial Fuel Cell Market Dynamics
- 3.1.Microbial Fuel Cell Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
- 3.1.1.1.Increasing use of cheap renewable energy sources
- 3.1.1.2.Need for usable water in the long run
- 3.1.2.Market Challenges
- 3.1.2.1.High Initial & Operational Cost in setting up the plant.
- 3.1.2.2.Quick penetration of other cheap renewable energy sources.
- 3.1.3.Market Opportunities
- 3.1.3.1.Advancements in technology
- 3.1.3.2.Government's support in creating eco friendly environment
Chapter 4.Global Microbial Fuel Cell Market Industry Analysis
- 4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
- 4.2.Porter's 5 Force Impact Analysis
- 4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
- 4.4.Top investment opportunity
- 4.5.Top winning strategies
- 4.6.COVID-19 Impact Analysis
- 4.7.Disruptive Trends
- 4.8.Industry Expert Perspective
- 4.9.Analyst Recommendation & Conclusion
Chapter 5.Global Microbial Fuel Cell Market, by Type
- 5.1.Market Snapshot
- 5.2.Global Microbial Fuel Cell Market by Type, Performance - Potential Analysis
- 5.3.Global Microbial Fuel Cell Market Estimates & Forecasts by Type 2020-2030 (USD Million)
- 5.4.Microbial Fuel Cell Market, Sub Segment Analysis
- 5.4.1.Mediator
- 5.4.2.Non-mediator
Chapter 6.Global Microbial Fuel Cell Market, by Application
- 6.1.Market Snapshot
- 6.2.Global Microbial Fuel Cell Market by Application, Performance - Potential Analysis
- 6.3.Global Microbial Fuel Cell Market Estimates & Forecasts by Application 2020-2030 (USD Million)
- 6.4.Microbial Fuel Cell Market, Sub Segment Analysis
- 6.4.1. Power generation
- 6.4.2. Waste water treatment
- 6.4.3.Biosensor
- 6.4.4.Bio recovery
- 6.4.5.Education
Chapter 7.Global Microbial Fuel Cell Market, by End use
- 7.1.Market Snapshot
- 7.2.Global Microbial Fuel Cell Market by End use, Performance - Potential Analysis
- 7.3.Global Microbial Fuel Cell Market Estimates & Forecasts by End use 2020-2030 (USD Million)
- 7.4.Microbial Fuel Cell Market, Sub Segment Analysis
- 7.4.1. Food & Beverage
- 7.4.2. Agriculture
- 7.4.3. Healthcare
- 7.4.4. Military
- 7.4.5.Power
- 7.4.6.Education
Chapter 8.Global Microbial Fuel Cell Market, Regional Analysis
- 8.1.Top Leading Countries
- 8.2.Top Emerging Countries
- 8.3.Microbial Fuel Cell Market, Regional Market Snapshot
- 8.4.North America Microbial Fuel Cell Market
- 8.4.1.U.S. Microbial Fuel Cell Market
- 8.4.1.1.Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2.Application breakdown estimates & forecasts, 2020-2030
- 8.4.1.3.End use breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Microbial Fuel Cell Market
- 8.5.Europe Microbial Fuel Cell Market Snapshot
- 8.5.1.U.K. Microbial Fuel Cell Market
- 8.5.2.Germany Microbial Fuel Cell Market
- 8.5.3.France Microbial Fuel Cell Market
- 8.5.4.Spain Microbial Fuel Cell Market
- 8.5.5.Italy Microbial Fuel Cell Market
- 8.5.6.Rest of Europe Microbial Fuel Cell Market
- 8.6.Asia-Pacific Microbial Fuel Cell Market Snapshot
- 8.6.1.China Microbial Fuel Cell Market
- 8.6.2.India Microbial Fuel Cell Market
- 8.6.3.Japan Microbial Fuel Cell Market
- 8.6.4.Australia Microbial Fuel Cell Market
- 8.6.5.South Korea Microbial Fuel Cell Market
- 8.6.6.Rest of Asia Pacific Microbial Fuel Cell Market
- 8.7.Latin America Microbial Fuel Cell Market Snapshot
- 8.7.1.Brazil Microbial Fuel Cell Market
- 8.7.2.Mexico Microbial Fuel Cell Market
- 8.8.Middle East & Africa Microbial Fuel Cell Market
- 8.8.1.Saudi Arabia Microbial Fuel Cell Market
- 8.8.2.South Africa Microbial Fuel Cell Market
- 8.8.3.Rest of Middle East & Africa Microbial Fuel Cell Market
Chapter 9.Competitive Intelligence
- 9.1.Key Company SWOT Analysis
- 9.2.Top Market Strategies
- 9.3.Company Profiles
- 9.3.1. Praxair Inc
- 9.3.1.1.Key Information
- 9.3.1.2.Overview
- 9.3.1.3.Financial (Subject to Data Availability)
- 9.3.1.4.Product Summary
- 9.3.1.5.Recent Developments
- 9.3.2. Metprocell,
- 9.3.3.AVL
- 9.3.4.Ballard Power Systems
- 9.3.5.Toshiba Electronics
- 9.3.6.Plug power, Inc.
- 9.3.7.Fuel cell energy,Inc.
- 9.3.8.Hydrogenics
- 9.3.9.Doosan fuel cell America Inc
- 9.3.10.Horizon Fuel Cell technologies Pte, Ltd.
- 9.3.11.
Chapter 10.Research Process
- 10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
- 10.2.Research Attributes
- 10.3.Research Assumption