The global microbial fuel cell market size was US$ 264.8 million in 2021. The global microbial fuel cell market size is estimated to reach US$ 407.2 million by 2030, growing at a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2022 to 2030.
Microbial fuel cells are a new era of fuel cell technology that uses the adoption of organisms and changes the released energy into electrical energy. Since they do not use fossil fuels to yield power, these cells are environmentally valuable and run on sewage, food waste, and wastewater. As long as there is a supply to feed the bacteria in the microbial fuel cell, they continue to produce power by reproducing.
Factors Influencing Market Growth
- The increase in environmental consciousness and the demand for more energy drive the overall market expansion.
- The growth in urbanization, industrialization, an increase in disposable income, and end users such as the medical, agriculture, food, and beverages industries drive the overall market expansion.
- Despite the advantages of technology, there are still specific practical barriers to take into account, like poor electricity output, high internal resistance, irregular current, and expensive materials employed, which hinder the overall market growth.
- The microbial fuel cell is continuously utilized in the production of hydrogen and the supply of power to small devices, wastewater treatment facilities, and domestic energy consumption. These factors are expected to drive the overall market expansion.
Effect of the COVID-19 Pandemic
COVID-19 had a severe impact on the overall market expansion. However, the market for microbial fuel cells is significantly propelled by improved energy demand in hospitals, residential and commercial sectors owing to which the market is in a stage of development and growth and is anticipated to continue to see proper growth as a result of the overall need for renewable energy.
Regional Analysis
Asia-pacific is the highest growing region during the forecast period. This is due to the market for microbial fuel cells having seen a powerful need due to the power consumption in the sector and the residential industry has developed. The recent increase in sanitization, along with health consciousness among clients is expected to increase the wastewater treatment services market, which is supposed to drive the overall market.
Leading Competitors
The prominent players in the global microbial fuel cell market are:
- SFC Energy AG
- Nedstack Fuel Cell Technology
- Integer Holdings Corporation
- Horizon Fuel Cell Technologies
- Ballard Power Systems
- Bloom Energy
- Doosan Corporation
- AFC Energy PLC
- Fuel Cell Energy
- Plug Power
- Others
Segmentation Analysis
The global microbial fuel cell market segmentation focuses on Type, Application, and Region.
Segmentation on the basis of Type
- Mediator
- Non-Mediator
Segmentation on the basis of Application
- Power Generation
- Wastewater Treatment
- Biosensor
Segmentation on the basis of Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America