Global Proton Exchange Membrane (PEM) Fuel Cells Market Growth 2023-2029

Global Proton Exchange Membrane (PEM) Fuel Cells Market Growth 2023-2029

Proton-exchange membrane fuel cells (PEMFC), also known as polymer electrolyte membrane (PEM) fuel cells, 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.

LPI (LP Information)' newest research report, the “Proton Exchange Membrane (PEM) Fuel Cells Industry Forecast” looks at past sales and reviews total world Proton Exchange Membrane (PEM) Fuel Cells sales in 2022, providing a comprehensive analysis by region and market sector of projected Proton Exchange Membrane (PEM) Fuel Cells sales for 2023 through 2029. With Proton Exchange Membrane (PEM) Fuel Cells sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Proton Exchange Membrane (PEM) Fuel Cells industry.

This Insight Report provides a comprehensive analysis of the global Proton Exchange Membrane (PEM) Fuel Cells landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Proton Exchange Membrane (PEM) Fuel Cells portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Proton Exchange Membrane (PEM) Fuel Cells market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Proton Exchange Membrane (PEM) Fuel Cells and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Proton Exchange Membrane (PEM) Fuel Cells.

The global Proton Exchange Membrane (PEM) Fuel Cells market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Proton Exchange Membrane (PEM) Fuel Cells is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Proton Exchange Membrane (PEM) Fuel Cells is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Proton Exchange Membrane (PEM) Fuel Cells is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Proton Exchange Membrane (PEM) Fuel Cells players cover Plug Power, Ballard, Sunrise Power, Panasonic, Nuvera Fuel Cells, Hydrogenics, Vision Group, Nedstack PEM Fuel Cells and Shenli Hi-Tech, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Proton Exchange Membrane (PEM) Fuel Cells market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Compressed Gaseous Hydrogen
Cryogenic Liquid Hydrogen
Hydrides

Segmentation by application
Transportation
Stationary Fuel-cell
Portable Fuel-cell

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Plug Power
Ballard
Sunrise Power
Panasonic
Nuvera Fuel Cells
Hydrogenics
Vision Group
Nedstack PEM Fuel Cells
Shenli Hi-Tech
Altergy Systems
Horizon Fuel Cell Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Proton Exchange Membrane (PEM) Fuel Cells market?

What factors are driving Proton Exchange Membrane (PEM) Fuel Cells market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Proton Exchange Membrane (PEM) Fuel Cells market opportunities vary by end market size?

How does Proton Exchange Membrane (PEM) Fuel Cells break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.