Global MEA & PEM Fuel Cell Market Insights, Forecast to 2029

Global MEA & PEM Fuel Cell Market Insights, Forecast to 2029



The global MEA & PEM Fuel Cell market is projected to grow from US$1,494.29 million in 2023 to US$4,480.79 million by 2029, at a Compound Annual Growth Rate (CAGR) of 20.08% during the forecast period.

The US & Canada market for MEA & PEM Fuel Cell is estimated to increase from $ 431.77 million in 2023 to reach $ 1,129.32 million by 2029, at a CAGR of 17.38% during the forecast period of 2024 through 2029.

The China market for MEA & PEM Fuel Cell is estimated to increase from $ 270.48 million in 2023 to reach $ 1,085.47 million by 2029, at a CAGR of 26.06% during the forecast period of 2024 through 2029.

The Europe market for MEA & PEM Fuel Cell is estimated to increase from $ 131.01 million in 2023 to reach $ 300.84 million by 2029, at a CAGR of 14.86% during the forecast period of 2024 through 2029.

The global key manufacturers of MEA & PEM Fuel Cell include Plug Power, Hyundai Mobis, Toyota, Ballard, Cummins (Hydrogenics), Panasonic, Shenli Hi-Tech, Foresight energy, Sinosynergy, and Cemt, etc. In 2022, the global top five players had a share approximately 74.64% in terms of revenue.

In terms of production side, this report researches the MEA & PEM Fuel Cell production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.

In terms of consumption side, this report focuses on the sales of MEA & PEM Fuel Cell by region (region level and country level), by company, by Type and by Application. From 2018 to 2023 and forecast to 2029.

Report Includes:

This report presents an overview of global market for MEA & PEM Fuel Cell, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.

This report researches the key producers of MEA & PEM Fuel Cell, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for MEA & PEM Fuel Cell, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the MEA & PEM Fuel Cell sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global MEA & PEM Fuel Cell market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for MEA & PEM Fuel Cell sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Plug Power, Cummins (Hydrogenics), Vision Group, SHPT, Panasonic, Shenli Hi-Tech, Foresight energy, Sinosynergy, and Cemt, etc.

By Company

Plug Power

Hyundai Mobis

Toyota

Ballard

Cummins (Hydrogenics)

Panasonic

Cemt

Shenli Hi-Tech

Sinosynergy

Horizon

Nedstack

Vision Group

SHPT

Foresight energy

Sunrise Power

Segment by Type

Below 10 KW

10KW-100KW

Above 100KW

Segment by Application

Transportation

Stationary

Others

Production by Region

North America

Europe

China

Japan

South Korea

Sales by Region

US & Canada

U.S.

Canada

China

Asia (excluding China)

Japan

South Korea

Southeast Asia

IndiaEurope

Germany

France

U.K.

Italy

Russia

Middle East, Africa, Latin America

Brazil

Mexico

Turkey

Israel

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: MEA & PEM Fuel Cell production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 3: Sales (consumption), revenue of MEA & PEM Fuel Cell in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 4: Detailed analysis of MEA & PEM Fuel Cell manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.

Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.

Chapter 9: China by Type, and by Application, sales, and revenue for each segment.

Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.

Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.

Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, MEA & PEM Fuel Cell sales, revenue, price, gross margin, and recent development, etc.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 15: The main points and conclusions of the report.


1 Study Coverage
1.1 MEA & PEM Fuel Cell Product Introduction
1.2 Market by Type
1.2.1 Global MEA & PEM Fuel Cell Market Size by Type, 2018 VS 2022 VS 2029
1.2.2 Global MEA & PEM Fuel Cell Market Share by Type
1.3 Market by Application
1.3.1 Global MEA & PEM Fuel Cell Market Size by Application, 2018 VS 2022 VS 2029
1.3.2 Transportation
1.3.3 Stationary
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global MEA & PEM Fuel Cell Production
2.1 Global MEA & PEM Fuel Cell Production Capacity (2018-2029)
2.2 Global MEA & PEM Fuel Cell Production by Region: 2018 VS 2022 VS 2029, Based on Production Site
2.3 Global MEA & PEM Fuel Cell Production by Region
2.3.1 Global MEA & PEM Fuel Cell Historic Production by Region (2018-2023)
2.3.2 Global MEA & PEM Fuel Cell Forecasted Production by Region (2024-2029)
2.3.3 Global MEA & PEM Fuel Cell Production Market Share by Region (2018-2029)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
2.8 South Korea
3 Executive Summary
3.1 Global MEA & PEM Fuel Cell Revenue Estimates and Forecasts 2018-2029
3.2 Global MEA & PEM Fuel Cell Revenue by Region
3.2.1 Global MEA & PEM Fuel Cell Revenue by Region: 2018 VS 2022 VS 2029
3.2.2 Global MEA & PEM Fuel Cell Revenue by Region (2018-2023)
3.2.3 Global MEA & PEM Fuel Cell Revenue by Region (2024-2029)
3.2.4 Global MEA & PEM Fuel Cell Revenue Market Share by Region (2018-2029)
3.3 Global MEA & PEM Fuel Cell Sales Estimates and Forecasts 2018-2029
3.4 Global MEA & PEM Fuel Cell Sales by Region
3.4.1 Global MEA & PEM Fuel Cell Sales by Region: 2018 VS 2022 VS 2029
3.4.2 Global MEA & PEM Fuel Cell Sales by Region (2018-2023)
3.4.3 Global MEA & PEM Fuel Cell Sales by Region (2024-2029)
3.4.4 Global MEA & PEM Fuel Cell Sales Market Share by Region (2018-2029)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global MEA & PEM Fuel Cell Sales by Manufacturers
4.1.1 Global MEA & PEM Fuel Cell Sales by Manufacturers (2019-2022)
4.1.2 Global MEA & PEM Fuel Cell Sales Market Share by Manufacturers (2019-2022)
4.2 Global MEA & PEM Fuel Cell Revenue by Manufacturers
4.2.1 Global MEA & PEM Fuel Cell Revenue by Manufacturers (2019-2022)
4.2.2 Global MEA & PEM Fuel Cell Revenue Market Share by Manufacturers (2019-2022)
4.3 Global MEA & PEM Fuel Cell Sales Price by Manufacturers (2019-2022)
4.4 Global Key Players of MEA & PEM Fuel Cell, Industry Ranking, 2021 VS 2022
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global MEA & PEM Fuel Cell Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of MEA & PEM Fuel Cell, Headquarters and Key Area Served
4.7 Global Key Manufacturers of MEA & PEM Fuel Cell, Date of Enter into This Industry
4.8 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global MEA & PEM Fuel Cell Sales by Type
5.1.1 Global MEA & PEM Fuel Cell Historical Sales by Type (2018-2023)
5.1.2 Global MEA & PEM Fuel Cell Forecasted Sales by Type (2024-2029)
5.1.3 Global MEA & PEM Fuel Cell Sales Market Share by Type (2018-2029)
5.2 Global MEA & PEM Fuel Cell Revenue by Type
5.2.1 Global MEA & PEM Fuel Cell Historical Revenue by Type (2018-2023)
5.2.2 Global MEA & PEM Fuel Cell Forecasted Revenue by Type (2024-2029)
5.2.3 Global MEA & PEM Fuel Cell Revenue Market Share by Type (2018-2029)
5.3 Global MEA & PEM Fuel Cell Price by Type
5.3.1 Global MEA & PEM Fuel Cell Price by Type (2018-2023)
5.3.2 Global MEA & PEM Fuel Cell Price Forecast by Type (2024-2029)
6 Market Size by Application
6.1 Global MEA & PEM Fuel Cell Sales by Application
6.1.1 Global MEA & PEM Fuel Cell Historical Sales by Application (2018-2023)
6.1.2 Global MEA & PEM Fuel Cell Forecasted Sales by Application (2024-2029)
6.1.3 Global MEA & PEM Fuel Cell Sales Market Share by Application (2018-2029)
6.2 Global MEA & PEM Fuel Cell Revenue by Application
6.2.1 Global MEA & PEM Fuel Cell Historical Revenue by Application (2018-2023)
6.2.2 Global MEA & PEM Fuel Cell Forecasted Revenue by Application (2024-2029)
6.2.3 Global MEA & PEM Fuel Cell Revenue Market Share by Application (2018-2029)
6.3 Global MEA & PEM Fuel Cell Price by Application
6.3.1 Global MEA & PEM Fuel Cell Price by Application (2018-2023)
6.3.2 Global MEA & PEM Fuel Cell Price Forecast by Application (2024-2029)
7 US & Canada
7.1 US & Canada MEA & PEM Fuel Cell Market Size by Type
7.2 US & Canada MEA & PEM Fuel Cell Market Size by Application
7.3 US & Canada MEA & PEM Fuel Cell Market Size by Country
7.3.1 US & Canada MEA & PEM Fuel Cell Revenue by Country: 2018 VS 2022 VS 2029
7.3.2 US & Canada MEA & PEM Fuel Cell Revenue by Country (2018-2029)
7.3.3 US & Canada MEA & PEM Fuel Cell Sales by Country (2018-2029)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe MEA & PEM Fuel Cell Market Size by Type
8.2 Europe MEA & PEM Fuel Cell Market Size by Application
8.3 Europe MEA & PEM Fuel Cell Market Size by Country
8.3.1 Europe MEA & PEM Fuel Cell Revenue by Country: 2018 VS 2022 VS 2029
8.3.2 Europe MEA & PEM Fuel Cell Sales by Country (2018-2029)
8.3.3 Europe MEA & PEM Fuel Cell Revenue by Country (2018-2029)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China MEA & PEM Fuel Cell Market Size by Type
9.2 China MEA & PEM Fuel Cell Market Size by Application
10 Asia (excluding China)
10.1 Asia MEA & PEM Fuel Cell Market Size by Type
10.2 Asia MEA & PEM Fuel Cell Market Size by Application
10.3 Asia MEA & PEM Fuel Cell Market Size by Region
10.3.1 Asia MEA & PEM Fuel Cell Revenue by Region: 2018 VS 2022 VS 2029
10.3.2 Asia MEA & PEM Fuel Cell Revenue by Region (2018-2029)
10.3.3 Asia MEA & PEM Fuel Cell Sales by Region (2018-2029)
10.3.4 Japan
10.3.5 South Korea
10.3.6 Southeast Asia
10.3.7 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America MEA & PEM Fuel Cell Market Size by Type
11.2 Middle East, Africa and Latin America MEA & PEM Fuel Cell Market Size by Application
11.3 Middle East, Africa and Latin America MEA & PEM Fuel Cell Market Size by Country
11.3.1 Middle East, Africa and Latin America MEA & PEM Fuel Cell Revenue by Country: 2018 VS 2022 VS 2029
11.3.2 Middle East, Africa and Latin America MEA & PEM Fuel Cell Revenue by Country (2018-2029)
11.3.3 Middle East, Africa and Latin America MEA & PEM Fuel Cell Sales by Country (2018-2029)
11.3.4 Mexico
11.3.5 Brazil
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 Plug Power
12.1.1 Plug Power Corporation Information
12.1.2 Plug Power Overview
12.1.3 Plug Power MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.1.4 Plug Power MEA & PEM Fuel Cell Product Descriptions
12.2 Hyundai Mobis
12.2.1 Hyundai Mobis Corporation Information
12.2.2 Hyundai Mobis Overview
12.2.3 Hyundai Mobis MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.2.4 Hyundai Mobis MEA & PEM Fuel Cell Product Descriptions
12.3 Toyota
12.3.1 Toyota Corporation Information
12.3.2 Toyota Overview
12.3.3 Toyota MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.3.4 Toyota MEA & PEM Fuel Cell Product Descriptions
12.4 Ballard
12.4.1 Ballard Corporation Information
12.4.2 Ballard Overview
12.4.3 Ballard MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.4.4 Ballard MEA & PEM Fuel Cell Product Descriptions
12.5 Cummins (Hydrogenics)
12.5.1 Cummins (Hydrogenics) Corporation Information
12.5.2 Cummins (Hydrogenics) Overview
12.5.3 Cummins (Hydrogenics) MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.5.4 Cummins (Hydrogenics) MEA & PEM Fuel Cell Product Descriptions
12.6 Panasonic
12.6.1 Panasonic Corporation Information
12.6.2 Panasonic Overview
12.6.3 Panasonic MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.6.4 Panasonic MEA & PEM Fuel Cell Product Descriptions
12.7 Cemt
12.7.1 Cemt Corporation Information
12.7.2 Cemt Overview
12.7.3 Cemt MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.7.4 Cemt MEA & PEM Fuel Cell Product Descriptions
12.8 Shenli Hi-Tech
12.8.1 Shenli Hi-Tech Corporation Information
12.8.2 Shenli Hi-Tech Overview
12.8.3 Shenli Hi-Tech MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.8.4 Shenli Hi-Tech MEA & PEM Fuel Cell Product Descriptions
12.9 Sinosynergy
12.9.1 Sinosynergy Corporation Information
12.9.2 Sinosynergy Overview
12.9.3 Sinosynergy MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.9.4 Sinosynergy MEA & PEM Fuel Cell Product Descriptions
12.10 Horizon
12.10.1 Horizon Corporation Information
12.10.2 Horizon Overview
12.10.3 Horizon MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.10.4 Horizon MEA & PEM Fuel Cell Product Descriptions
12.11 Nedstack
12.11.1 Nedstack Corporation Information
12.11.2 Nedstack Overview
12.11.3 Nedstack MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.11.4 Nedstack MEA & PEM Fuel Cell Product Descriptions
12.12 Vision Group
12.12.1 Vision Group Corporation Information
12.12.2 Vision Group Overview
12.12.3 Vision Group MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.12.4 Vision Group MEA & PEM Fuel Cell Product Descriptions
12.13 SHPT
12.13.1 SHPT Corporation Information
12.13.2 SHPT Overview
12.13.3 SHPT MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.13.4 SHPT MEA & PEM Fuel Cell Product Descriptions
12.14 Foresight energy
12.14.1 Foresight energy Corporation Information
12.14.2 Foresight energy Overview
12.14.3 Foresight energy MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.14.4 Foresight energy MEA & PEM Fuel Cell Product Descriptions
12.15 Sunrise Power
12.15.1 Sunrise Power Corporation Information
12.15.2 Sunrise Power Overview
12.15.3 Sunrise Power MEA & PEM Fuel Cell Sales, Price, Revenue and Gross Margin (2019-2022)
12.15.4 Sunrise Power MEA & PEM Fuel Cell Product Descriptions
13 Industry Chain and Sales Channels Analysis
13.1 MEA & PEM Fuel Cell Industry Chain Analysis
13.2 MEA & PEM Fuel Cell Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 MEA & PEM Fuel Cell Production Mode & Process
13.4 MEA & PEM Fuel Cell Sales and Marketing
13.4.1 MEA & PEM Fuel Cell Sales Channels
13.4.2 MEA & PEM Fuel Cell Distributors
13.5 MEA & PEM Fuel Cell Customers
14 MEA & PEM Fuel Cell Market Dynamics
14.1 MEA & PEM Fuel Cell Industry Trends
14.2 MEA & PEM Fuel Cell Market Drivers
14.3 MEA & PEM Fuel Cell Market Challenges
15 Key Findings in the Global MEA & PEM Fuel Cell Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
List of Tables
Table 1. Global MEA & PEM Fuel Cell Market Size Growth Rate by Type, 2018 VS 2022 VS 2029 (US$ Million)
Table 2. Global MEA & PEM Fuel Cell Market Size Growth Rate by Application, 2018 VS 2022 VS 2029 (US$ Million)
Table 3. Global MEA & PEM Fuel Cell Production Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029 (MW)
Table 4. Global MEA & PEM Fuel Cell Production by Region (2018-2023) & (MW)
Table 5. Global MEA & PEM Fuel Cell Production by Region (2024-2029) & (MW)
Table 6. Global MEA & PEM Fuel Cell Production Market Share by Region (2018-2023)
Table 7. Global MEA & PEM Fuel Cell Production Market Share by Region (2024-2029)
Table 8. Global MEA & PEM Fuel Cell Revenue Grow Rate (CAGR) by Region: 2018 VS 2022 VS 2029 (US$ Million)
Table 9. Global MEA & PEM Fuel Cell Revenue by Region (2018-2023) & (US$ Million)
Table 10. Global MEA & PEM Fuel Cell Revenue by Region (2024-2029) & (US$ Million)
Table 11. Global MEA & PEM Fuel Cell Revenue Market Share by Region (2018-2023)
Table 12. Global MEA & PEM Fuel Cell Revenue Market Share by Region (2024-2029)
Table 13. Global MEA & PEM Fuel Cell Sales Grow Rate (CAGR) by Region: 2018 VS 2022 VS 2029 (MW)
Table 14. Global MEA & PEM Fuel Cell Sales by Region (2018-2023) & (MW)
Table 15. Global MEA & PEM Fuel Cell Sales by Region (2024-2029) & (MW)
Table 16. Global MEA & PEM Fuel Cell Sales Market Share by Region (2018-2023)
Table 17. Global MEA & PEM Fuel Cell Sales Market Share by Region (2024-2029)
Table 18. Global MEA & PEM Fuel Cell Sales by Manufacturers (2019-2022) & (MW)
Table 19. Global MEA & PEM Fuel Cell Sales Share by Manufacturers (2019-2022)
Table 20. Global MEA & PEM Fuel Cell Sales Share by Manufacturers in 2022

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