Global Microbial Fuel Cell Market to Register Growth at 12.37%, Thanks to Rising Demand for Power Generation

The global microbial fuel cell (MFC) market is likely to register strong growth during the 2021-2028 periods, thanks to the growing demand for key applications including power generation, wastewater treatment, and growing new opportunities in healthcare, and education sector. According to the US energy department, the year 2016 became a game-changer for growth for fuel cell technology. This year, Home Depot installed fuel cell technology in more than 140 sites of its countrywide reach. According to the company’s press release, the company generated more than 138 million kWh of clean energy since 2014 with the usage of fuel cells, saving it 31,000,000 gallons of water. The growth has more than tripled since 2016 in the business world. For example, Plug Power Inc., a supplier of hydrogen fuel cells shipped more than 32,000 fuel cells in 2020, tripling its sales from five years ago. Furthermore, companies like IKEA, and EBay have installed fuel cell technology at their stores, and data centers. Furthermore, over 15,000 fuel cell-operated forklifts remained in operation in 2016, according to the US Department of Energy. The use of microbial fuel cells in combination with biofilms promises even higher energy outputs as compared to conventional hydrogen-based fuel cells. For example, the MFCs convert energy with far more efficiency and can reach 60% efficiency in fuel consumption in vehicles. On the other hand, conventional energy reaches 20% to 33% in practical applications, due to barriers like Carnot efficiency. The MFCs also promise 8 times more energy efficiency for conventional hydrogen cells promising robust growth for its practical application in areas like biosensors, monitoring, and evaluation.

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Microbial Fuel Cell Market: by Type
Mediator Microbial Fuel Cell
Mediator-Free Microbial Fuel Cell

Microbial Fuel Cell Market: by Applications
Power Generation
Wastewater Treatment
Biosensor
Others

Microbial Fuel Cell Market: by End-Users
Agriculture
Healthcare
Food & Beverage
Others

Microbial Fuel Cell Market: Key Players
Emefcy
Open Therapeutics LLC
Cambrian Innovation Inc.
Triqua International
ElectroChem Inc.
Microrganic Technologies
Prongineer
Protonex Technology Corporation

Global Microbial Fuel Cell Market: Regions
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
• Asia Pacific (China, Global, India, Southeast Asia and Australia)
• Latin America (Brazil, Argentina and Colombia)
• Middle East and Africa

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The global microbial fuel cells market remains an open, innovative, and fragmented landscape. The growing research and development in the landscape, growing funding from key regulatory agencies, and development of promising new applications will likely result in robust growth for players in the global microbial fuel cell market during the 2021-2028 period. Some key players in the global microbial fuel cell market are, Vinpro Technologies, Triqua International BV, Cambrian Innovation Inc, MICROrganic Technologies, Sainergy Tech, Inc, Microbial Robotics, Prongineer, Fluence Corporation, ElectroChem, and Emefcy, Protonex.

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