Global Microbial Fuel Cell (MFC) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Chemical and Material Date : March 15th, 2019
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The global microbial fuel cell market was valued at USD 9.8 million in 2017, and is likely to generate a demand of USD 18.1 million by 2024, at a CAGR of 9.2% over the next seven years. Rising demand for wastewater treatment is expected to drive the market. Moreover, several favorable government initiatives towards renewable energy are set to accelerate market demand over the forecast period. The years used for the assessment are as follows;

  • Historical year : 2014, 2015 and 2016
  • Base year  : 2017
  • Forecast period: 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the microbial fuel cell market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the market
  • Finalizing the overall size and share for the global market

OBJECTIVES:

  • To classify global microbial fuel cell market into segments on the basis of design, type, application and end-use to analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with microbial fuel cell
  • Profiling key companies operating in the global market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE 

The research scope for microbial fuel cell market is as follows:

By Design

  • Single chambered
  • Double chambered
  • Stacked

By Type

  • Mediated
  • Unmediated
  • Phototrophic bio film
  • Soil-based
  • Others

By Application

  • Power generation
  • Education
  • Wastewater treatment
  • Biosensor
  • Others

By End-Use

  • Power
  • Agriculture
  • Medical
  • Education
  • Food & Beverage
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Central & South America (CSA)
  • Middle East & Africa (MEA)

The market for microbial fuel cells is projected to augment owing to the presence of several stringent government regulations regarding the use of fossil fuels and climate change. It is a well recognized fact that there is a global need for alternative sources of energy. Moreover, current reliance on fossil fuels accounts as unsustainable due to finite supply as well as pollution. Thus, microbial fuel cells have emerged as the most viable solution to this problem, as they not only generate bio-energy but also aid in removing carbon and nitrogen.

Microbial fuel cells are devices that convert chemical energy into electrical energy during substrate oxidation with the help of microorganisms that act as biocatalysts. The energy contained in organic matter is converted into useful electrical power. MFCs operate, as electrons from the microorganisms are transferred from a reduced electron donor to an electron acceptor at a higher electrochemical potential.

Electrons produced by the bacteria from these substrates are then transferred to the anode (negative terminal) and flow to the cathode (positive terminal) that is linked by a conductive material containing a resistor. The device must be capable of having the substrate oxidized at the anode replenished, either regularly or irregularly, otherwise the system is considered to be a bio battery. The performance of MFCs is likely to be influenced by various factors such as the rate of substrate oxidation, resistance of the circuit, electron transfer to the electrode by the microbes, proton transport to the cathode through membrane, and oxygen supply & reduction in the cathode.

The concept of microbial fuel cells is not new, but the development till date has been fairly slow. The primary reason for this is that the materials required to make better electrodes have only recently become readily available. Thus, the cells could only generate small amounts of power. However, with high availability of materials along with a better understanding of microbes that produce power, MFCs are increasingly gaining attention.

In addition, growing use for microbial fuel cells across a diverse range of applications including power generation, wastewater treatment, bio-hydrogen production, and biosensors, among others has fostered the market demand over the forecast period. However, as MFCs are operative only until the microbes are kept alive, they cannot be considered as a source of consistent primary power. Moreover, high cost of MFCs coupled with changes in temperature, fuel, and contaminants may hinder the market growth for commercial MFCs over the next seven years.

Some of the key companies operating in the industry include Cambrian Innovation Inc.; Sainergy Tech, Inc.; MICROrganic Technologies; Prongineer; Vinpro Technologies; Triqua International BV; Fluence Corporation; among others.Global Microbial Fuel Cell Market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Microbial fuel cell market – Market snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global microbial fuel cell market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.5.1. Growing investment in research & development

3.5.2. Rising demand for energy across the globe

3.5.3. Presence of stringent environmental regulations

3.6. Market dynamics

3.6.1. Market driver analysis

   3.6.1.1. Increasing demand for wastewater treatment

   3.6.1.2. Favorable government initiatives towards renewable energy

3.6.2. Market restraint analysis

           3.6.2.1. Consistent primary power cannot be generated

           3.6.2.2. Associated high cost

CHAPTER 4. Competitive Outlook

4.1. Competitive Analysis

4.2. Porter’s Five Forces Analysis

4.3. Company Market Share Analysis

        4.3.1. Competitive Factors

CHAPTER 5. Global Microbial Fuel Cell Market Size and Forecast (2014 – 2024)

5.1. Global Microbial Fuel Cell Market, By Design (USD Million)

5.1.1. Single chambered

5.1.2. Double chambered

5.1.3. Stacked

5.2. Global Microbial Fuel Cell Market, By Type (USD Million)

5.2.1. Mediated

5.2.2. Unmediated

5.2.3. Phototrophic bio film

5.2.4. Soil-based

5.2.5. Others

5.3. Global Microbial Fuel Cell Market, By Application (USD Million)

5.3.1. Power generation

5.3.2. Education

5.3.3. Wastewater treatment

5.3.4. Biosensor

5.3.5. Others

5.4. Global Microbial Fuel Cell Market, By End-Use (USD Million)

5.4.1. Power

5.4.2. Agriculture

5.4.3. Medical

5.4.4. Education

5.4.5. Food & Beverage

5.4.6. Others

CHAPTER 6. Global Microbial Fuel Cell Market Size and Forecast, By Region (2014 – 2024)

6.1. North America Microbial Fuel Cell Market (USD Million)

6.1.1. North America Microbial Fuel Cell Market, By Design (USD Million)

6.1.2. North America Microbial Fuel Cell Market, By Type (USD Million)

6.1.3. North America Microbial Fuel Cell Market, By Application (USD Million)

6.1.4. North America Microbial Fuel Cell Market, By End-Use (USD Million)

6.1.5. North America Microbial Fuel Cell Market, By Country (USD Million)

  6.1.5.1. The U.S.

  6.1.5.2. Canada

  6.1.5.3. Mexico

6.2. Europe Microbial Fuel Cell Market (USD Million)

6.2.1. Europe Microbial Fuel Cell Market, By Design (USD Million)

6.2.2. Europe Microbial Fuel Cell Market, By Type (USD Million))

6.2.3. Europe Microbial Fuel Cell Market, By Application (USD Million)

6.2.4. Europe Microbial Fuel Cell Market, By End-Use (USD Million)

6.2.5. Europe Microbial Fuel Cell Market, By Country (USD Million)

  6.2.5.1. Germany

  6.2.5.2. U.K

  6.2.5.3. France

  6.2.5.4. Italy

  6.2.5.5. Spain

  6.2.5.6. Rest of Europe

6.3. Asia-Pacific Microbial Fuel Cell Market (USD Million)

6.3.1. Asia-Pacific Microbial Fuel Cell Market, By Design (USD Million)

6.3.2. Asia-Pacific Microbial Fuel Cell Market, By Type (USD Million)

6.3.3. Asia-Pacific Microbial Fuel Cell Market, By Application (USD Million)

6.3.4. Asia-Pacific Microbial Fuel Cell Market, By End-Use (USD Million)

6.3.5. Asia-Pacific Microbial Fuel Cell Market, By Country (USD Million)

  6.3.5.1. China

  6.3.5.2. Japan

  6.3.5.3. India

  6.3.5.4. South Korea

  6.3.5.5. Australia

  6.3.5.6. Rest of Asia-Pacific

6.4. Central & South America (CSA) Microbial Fuel Cell Market (USD Million)

6.4.1. Central & South America (CSA) Microbial Fuel Cell Market, By Design (USD Million)

6.4.2. Central & South America (CSA) Microbial Fuel Cell Market, By Type (USD Million)

6.4.3. Central & South America (CSA) Microbial Fuel Cell Market, By Application (USD Million)

6.4.4. Central & South America (CSA) Microbial Fuel Cell Market, By End-Use (USD Million)

6.4.5. Central & South America (CSA) Microbial Fuel Cell Market, By Country (USD Million)

  6.4.5.1. Brazil

  6.4.5.2. Chile

  6.4.5.3. Rest of Central & South America (CSA)

6.5. Middle East & Africa (MEA) Microbial Fuel Cell Market (USD Million)

6.5.1. Middle East & Africa (MEA) Microbial Fuel Cell Market, By Design (USD Million)

6.5.2. Middle East & Africa (MEA) Microbial Fuel Cell Market, By Type (USD Million)

6.5.3. Middle East & Africa (MEA) Microbial Fuel Cell Market, By Application (USD Million)

6.5.4. Middle East & Africa (MEA) Microbial Fuel Cell Market, By End-Use (USD Million)

6.5.5. Middle East & Africa (MEA) Microbial Fuel Cell Market, By Country (USD Million)

   6.5.5.1. Saudi Arabia

   6.5.5.2. South Africa

   6.5.5.3. Rest of Middle East & Africa (MEA)

CHAPTER 7. Key Players and Strategic Developments

7.1. Cambrian Innovation Inc.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Sainergy Tech, Inc.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. MICROrganic Technologies

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Prongineer

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Vinpro Technologies

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Triqua International BV

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Fluence Corporation

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

Global Microbial Fuel Cell Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024