Global Membrane Electrode Assemblies (MEA) Market Research Report 2022

Global Membrane Electrode Assemblies (MEA) Market Research Report 2022

Due to the COVID-19 pandemic, the global Membrane Electrode Assemblies (MEA) market size is estimated to be worth US$ 603.18 million in 2022 and is forecast to a readjusted size of US$ 2032.96 million by 2028 with a CAGR of 22.45% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, 5-layer MEA accounting for 70.77% of the Membrane Electrode Assemblies (MEA) global market in 2021, is projected to value US$ 1390.40 million by 2028, growing at a revised 21.85% CAGR from 2022 to 2028. While Hydrogen Fuel Cells segment is altered to 28.25% CAGR throughout this forecast period.

North America Membrane Electrode Assemblies (MEA) market size was US$ 66.96 million in 2021, while Europe was US$ 70.44 million. The proportion of the North America was 12.92% in 2021, while Europe’s percentage was 13.59%, and it is predicted that Europe market share will reach 11.01% in 2028, trailing a CAGR of 17.22% through the analysis period. As for the Asia, the notable markets are China and South Korea, CAGR is 35.01% and 14.21% respectively for the next 6-year period.

The global major manufacturers of Membrane Electrode Assemblies (MEA) include Hyundai Mobis, Toyota, Johnson Matthey, SinoHyKey Technology, Ballard, and Greenerity, etc. In terms of revenue, the global three largest players hold a 60.28% market share of Membrane Electrode Assemblies (MEA) in 2021.

This report focuses on Membrane Electrode Assemblies (MEA) volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Membrane Electrode Assemblies (MEA) market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan, South Korea, etc.

Global Membrane Electrode Assemblies (MEA) Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company

Hyundai Mobis

Toyota

Honda

Ballard

Gore

Johnson Matthey

Greenerity

SinoHyKey Technology

Hydrogine Technology

Wuhan WUT

IRD Fuel Cells

HyPlat

Advent Technologies

Giner

Segment by Type

3-layer MEA

5-layer MEA

7-layer MEA

Segment by Application

Hydrogen Fuel Cells

Methanol Fuel Cells

Others

Consumption by Region

North America

U.S.

Canada

Asia-Pacific

China

Japan

South Korea

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

South America

Mexico

Brazil

Rest of South America