Global Membrane Electrode Assemblies (MEA) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
According to our (Global Info Research) latest study, the global Membrane Electrode Assemblies (MEA) market size was valued at US$ 691 million in 2024 and is forecast to a readjusted size of USD 3843 million by 2031 with a CAGR of 27.5% during review period.
The Membrane Electrode Assembly (MEA) is the core component of a fuel cell that helps produce the electrochemical reaction needed to separate electrons. On the anode side of the MEA, a fuel (hydrogen, methanol etc.) diffuses through the membrane and is met on the cathode end by an oxidant (oxygen or air) which bonds with the fuel and receives the electrons that were separated from the fuel. Catalysts on each side enable reactions and the membrane allows protons to pass through while keeping the gases separate. In this way cell potential is maintained and current is drawn from the cell producing electricity.
Global main manufacturers of membrane electrode assemblies (MEA) include Hyundai Mobis, Toyota, Johnson Matthey, SinoHyKey Technology, Greenerity, etc. The top five players hold a share about 62%. Asia-Pacific is the largest market, has a share about 63%, followed by Europe and North America, with share 24% and 12%, separately. In terms of product type, 5-layer MEA is the largest segment, occupied for a share of 74%.
This report is a detailed and comprehensive analysis for global Membrane Electrode Assemblies (MEA) 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 2025, are provided.
Key Features:
Global Membrane Electrode Assemblies (MEA) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Membrane Electrode Assemblies (MEA) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Membrane Electrode Assemblies (MEA) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Membrane Electrode Assemblies (MEA) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
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 Membrane Electrode Assemblies (MEA)
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 Membrane Electrode Assemblies (MEA) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Johnson Matthey, SinoHyKey Technology, Hyundai Mobis, Greenerity, Toyota, Tangfeng, Hydrogine Technology, Gore, Ballard, WUT HyPower, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Membrane Electrode Assemblies (MEA) market is split by Type and by Application. For the period 2020-2031, 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
5-layer MEA
7-layer MEA
3-layer MEA
Market segment by Application
Fuel Cell Vehicle
Stationary Fuel Cell
Others
Major players covered
Johnson Matthey
SinoHyKey Technology
Hyundai Mobis
Greenerity
Toyota
Tangfeng
Hydrogine Technology
Gore
Ballard
WUT HyPower
Horizon
IRD Fuel Cells
Sunrise
Advent Technologies
Honda
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 Membrane Electrode Assemblies (MEA) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Membrane Electrode Assemblies (MEA), with price, sales quantity, revenue, and global market share of Membrane Electrode Assemblies (MEA) from 2020 to 2025.
Chapter 3, the Membrane Electrode Assemblies (MEA) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Membrane Electrode Assemblies (MEA) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
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 2020 to 2025.and Membrane Electrode Assemblies (MEA) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Membrane Electrode Assemblies (MEA).
Chapter 14 and 15, to describe Membrane Electrode Assemblies (MEA) sales channel, distributors, customers, research findings and conclusion.