Market Overview:
The global molten carbonate fuel cell (MCFC) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The MCFC market is segmented on the basis of type, application and region. On the basis of type, the MCFC market is segmented into coal fuel, natural gas fuel and other. Coal fuel held a dominant share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to factors such as low cost of coal-fired power plants as compared to gas-fired power plants and government initiatives for promoting use of indigenous resources for power generation purposes.
 Industry Outlook.svg)
Product Definition:
A molten carbonate fuel cell (MCFC) is a fuel cell that uses an electrolyte of molten carbonates (K 2 CO 3 and KHCO 3 ) to transport protons between the anode and cathode. Molten carbonate fuel cells operate at temperatures around 650 °C, much higher than other types of fuel cells.
Coal Fuel:
Coal is a readily available, inexpensive and widely used source of energy. It accounts for around 40% of the world's energy supply. The combustion of coal produces a variety of gases including carbon dioxide, sulfur dioxide, nitrogen oxides and other particles which are harmful to the environment. Therefore; it is important to use efficient technologies while combusting coal in power plants for obtaining clean electricity.
Molten carbonate fuel cell (MCFC) uses pure oxygen.
Natural Gas Fuel:
Natural gas fuel and it's usage in Molten Carbonate Fuel Cell (MCFC) market is expected to witness significant growth over the forecast period. Natural gas, also known as methane, is one of the most abundant elements on earth. It comprises of two main forms: dry or granular and wet or gaseous form. The dry form can be easily stored and transported while the wet form requires a special medium to transport it such as liquid hydrogen or natural gas itself.
Application Insights:
Household thermoelectric systems application segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. Increasing demand for energy due to growing population, rapid urbanization, and rising per capita income has led to an increased focus on developing renewable sources of energy such as solar and wind power. MCFCs are considered as a clean source of electricity generation owing to their combustion-free operation along with their ability to produce direct current (DC) power output that can be used directly in household appliances without the need for transformers or additional equipment.
The distributed generation application segment is expected register a CAGR around 11% from 2017 to 2030 owing its limited use compared with other applications such as large scale industrial manufacturing plants, small hydropower projects, microturbines/micro turbines stations, small thermal power projects among others which have dominated the market since its inception.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing demand for clean energy generation sources to reduce carbon footprint, which is anticipated to drive the industry growth. China accounted for a major share of global MCFC production owing to low manufacturing cost coupled with easy availability of raw material.
Growth Factors:
- Increasing demand for fuel cells in transportation sector: The global market for fuel cells is projected to grow from USD 2.9 billion in 2016 to USD 11.8 billion by 2023, at a CAGR of 26.5% from 2017 to 2023. This growth can be attributed to the increasing demand for fuel cells in the transportation sector due to stringent emission norms across the globe.
- Rising demand for stationary power applications: The market for stationary power applications is expected to grow at a high rate during the forecast period owing to the increasing need for backup and standby power systems, especially in developed countries such as U.S., Germany, and Japan where there is an increased focus on reducing greenhouse gas emissions and improving energy security
Scope Of The Report
Report Attributes
Report Details
Report Title
Molten Carbonate Fuel Cell (MCFC) Market Research Report
By Type
Coal Fuel, Natural Gas Fuel, Other
By Application
Household Thermoelectric Systems, Distributed Generation, Power Plant, Others
By Companies
Dupont Fuel Cell, Hitachi Ltd, Johnson Controls, Delphi, Cmr Fuel Cells Plc, Panasonic Corp, Samsung Sdi Co Ltd, SFC Power, Polyfuel Inc, Sharp Corp, Toshiba Corp, Ultracell Corp, Fujikura Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Molten Carbonate Fuel Cell (MCFC) Market Report Segments:
The global Molten Carbonate Fuel Cell (MCFC) market is segmented on the basis of:
Types
Coal Fuel, Natural Gas Fuel, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household Thermoelectric Systems, Distributed Generation, Power Plant, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dupont Fuel Cell
- Hitachi Ltd
- Johnson Controls
- Delphi
- Cmr Fuel Cells Plc
- Panasonic Corp
- Samsung Sdi Co Ltd
- SFC Power
- Polyfuel Inc
- Sharp Corp
- Toshiba Corp
- Ultracell Corp
- Fujikura Ltd
 Market Overview.svg)
Highlights of The Molten Carbonate Fuel Cell (MCFC) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coal Fuel
- Natural Gas Fuel
- Other
- By Application:
- Household Thermoelectric Systems
- Distributed Generation
- Power Plant
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Molten Carbonate Fuel Cell (MCFC) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Molten carbonate fuel cells are a type of fuel cell that uses molten carbonate as the working fluid. The molten carbonate is heated by an external source, such as a power plant or solar thermal collector, to a temperature high enough to convert water into hydrogen and oxygen gas. The hydrogen and oxygen gas are then used to create electricity and heat, respectively.
Some of the major companies in the molten carbonate fuel cell (mcfc) market are Dupont Fuel Cell, Hitachi Ltd, Johnson Controls, Delphi, Cmr Fuel Cells Plc, Panasonic Corp, Samsung Sdi Co Ltd, SFC Power, Polyfuel Inc, Sharp Corp, Toshiba Corp, Ultracell Corp, Fujikura Ltd.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Molten Carbonate Fuel Cell (MCFC) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Molten Carbonate Fuel Cell (MCFC) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Molten Carbonate Fuel Cell (MCFC) Market - Supply Chain
4.5. Global Molten Carbonate Fuel Cell (MCFC) Market Forecast
4.5.1. Molten Carbonate Fuel Cell (MCFC) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Molten Carbonate Fuel Cell (MCFC) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Molten Carbonate Fuel Cell (MCFC) Market Absolute $ Opportunity
5. Global Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Type
5.3.1. Coal Fuel
5.3.2. Natural Gas Fuel
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Application
6.3.1. Household Thermoelectric Systems
6.3.2. Distributed Generation
6.3.3. Power Plant
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Molten Carbonate Fuel Cell (MCFC) Demand Share Forecast, 2019-2026
9. North America Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Application
9.4.1. Household Thermoelectric Systems
9.4.2. Distributed Generation
9.4.3. Power Plant
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Type
9.7.1. Coal Fuel
9.7.2. Natural Gas Fuel
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Molten Carbonate Fuel Cell (MCFC) Demand Share Forecast, 2019-2026
10. Latin America Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Application
10.4.1. Household Thermoelectric Systems
10.4.2. Distributed Generation
10.4.3. Power Plant
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Type
10.7.1. Coal Fuel
10.7.2. Natural Gas Fuel
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Molten Carbonate Fuel Cell (MCFC) Demand Share Forecast, 2019-2026
11. Europe Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Application
11.4.1. Household Thermoelectric Systems
11.4.2. Distributed Generation
11.4.3. Power Plant
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Type
11.7.1. Coal Fuel
11.7.2. Natural Gas Fuel
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Molten Carbonate Fuel Cell (MCFC) Demand Share, 2019-2026
12. Asia Pacific Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Application
12.4.1. Household Thermoelectric Systems
12.4.2. Distributed Generation
12.4.3. Power Plant
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Type
12.7.1. Coal Fuel
12.7.2. Natural Gas Fuel
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Molten Carbonate Fuel Cell (MCFC) Demand Share, 2019-2026
13. Middle East & Africa Molten Carbonate Fuel Cell (MCFC) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Application
13.4.1. Household Thermoelectric Systems
13.4.2. Distributed Generation
13.4.3. Power Plant
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Molten Carbonate Fuel Cell (MCFC) Market Size and Volume Forecast by Type
13.7.1. Coal Fuel
13.7.2. Natural Gas Fuel
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Molten Carbonate Fuel Cell (MCFC) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Molten Carbonate Fuel Cell (MCFC) Market: Market Share Analysis
14.2. Molten Carbonate Fuel Cell (MCFC) Distributors and Customers
14.3. Molten Carbonate Fuel Cell (MCFC) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dupont Fuel Cell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitachi Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson Controls
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delphi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cmr Fuel Cells Plc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Panasonic Corp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Samsung Sdi Co Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SFC Power
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Polyfuel Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sharp Corp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Toshiba Corp
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ultracell Corp
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fujikura Ltd
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
