Global MEA & PEM Fuel Cell Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global MEA & PEM Fuel Cell Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global MEA & PEM Fuel Cell market size was valued at USD 1174.9 million in 2022 and is forecast to a readjusted size of USD 4021.2 million by 2029 with a CAGR of 19.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The global key manufacturers of MEA & PEM fuel cell are Plug Power, Hyundai Mobis, Toyota, Ballard, Cemt and Shenli Hi-Tech, etc., among which the top three manufacturers occupy more than 60%, and the largest manufacturer is Hyundai Mobis at present. The global production of membrane electrodes and PEM fuel cells is mainly distributed in Japan, South Korea, China, North America and other regions, among which the top four regions occupy more than 95% of the market share, and Japan is the largest production region which accounting for almost 30% production market share. In terms of its product categories, the 10KW-100KW specification has the highest market share of over 50%, followed by specifications over 100KW. In terms of its applications, the transportation industry is the biggest application area, with a market share of over 90%，followed by stationary..

A membrane electrode assembly (MEA) is an assembled stack of proton-exchange membranes (PEM) or alkali anion exchange membrane (AAEM), catalyst and flat plate electrode used in fuel cells and electrolyzers. The PEM is sandwiched between two electrodes which have the catalyst embedded in them. The electrodes are electrically insulated from each other by the PEM. These two electrodes make up the anode and cathode respectively.

Proton-exchange membrane fuel cells, also known as polymer electrolyte membrane (PEM) fuel cells (PEMFC), are a type of fuel cell being developed mainly for transport applications, as well as for stationary fuel-cell applications and portable fuel-cell applications. Their distinguishing features include lower temperature/pressure ranges (50 to 100 °C) and a special proton-conducting polymer electrolyte membrane. PEMFCs generate electricity and operate on the opposite principle to PEM electrolysis, which consumes electricity. They are a leading candidate to replace the aging alkaline fuel-cell technology, which was used in the Space Shuttle.

This report is a detailed and comprehensive analysis for global MEA & PEM Fuel Cell market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global MEA & PEM Fuel Cell market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2018-2029

Global MEA & PEM Fuel Cell market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2018-2029

Global MEA & PEM Fuel Cell market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2018-2029

Global MEA & PEM Fuel Cell market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for MEA & PEM Fuel Cell

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global MEA & PEM Fuel Cell market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Plug Power, Hyundai Mobis, Toyota, Ballard and Cummins (Hydrogenics), etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

MEA & PEM Fuel Cell market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Below 10KW
10KW-100KW
Above 100KW

Market segment by Application
Transportation
Stationary
Others

Major players covered
Plug Power
Hyundai Mobis
Toyota
Ballard
Cummins (Hydrogenics)
Panasonic
Cemt
Shenli Hi-Tech
Sinosynergy
Horizon
Nedstack
Vision Group
SHPT
Foresight energy
Sunrise Power

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe MEA & PEM Fuel Cell product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of MEA & PEM Fuel Cell, with price, sales, revenue and global market share of MEA & PEM Fuel Cell from 2018 to 2023.

Chapter 3, the MEA & PEM Fuel Cell competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the MEA & PEM Fuel Cell breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and MEA & PEM Fuel Cell market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of MEA & PEM Fuel Cell.

Chapter 14 and 15, to describe MEA & PEM Fuel Cell sales channel, distributors, customers, research findings and conclusion.