Abstract
Summary
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.
LPI (LP Information)' newest research report, the “Proton Exchange Membrane Fuel Cell (PEMFC) Industry Forecast” looks at past sales and reviews total world Proton Exchange Membrane Fuel Cell (PEMFC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Proton Exchange Membrane Fuel Cell (PEMFC) sales for 2023 through 2029. With Proton Exchange Membrane Fuel Cell (PEMFC) 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 Fuel Cell (PEMFC) industry.
This Insight Report provides a comprehensive analysis of the global Proton Exchange Membrane Fuel Cell (PEMFC) 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 Fuel Cell (PEMFC) 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 Fuel Cell (PEMFC) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Proton Exchange Membrane Fuel Cell (PEMFC) 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 Fuel Cell (PEMFC).
The global Proton Exchange Membrane Fuel Cell (PEMFC) market size is projected to grow from US$ 1038.9 million in 2022 to US$ 1282.1 million in 2029; it is expected to grow at a CAGR of 1282.1 from 2023 to 2029.
The global key Proton Exchange Membrane Fuel Cell (PEMFC) manufacturers include Plug Power, Ballard, Nuvera Fuel Cells, Hydrogenics, Sunrise Power, Panasonic, Vision Group, Nedstack PEM Fuel Cells, Shenli Hi-Tech, Altergy Systems, Horizon Fuel Cell Technologies, Foresightetc and etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Proton Exchange Membrane Fuel Cell (PEMFC) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
50 KW
75 KW
Others
Segmentation by application
Stationary
Transportation
Portable
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.
Fuel Cell Energy, Inc.
Ballard Power Systems
Hydrogenics Corporation
SFC Energy AG
Nedstack Fuel Cell Technology B.V.
Bloom Energy
Doosan Fuel Cell America, Inc.
Ceres Power Holdings Plc
Plug Power, Inc.
Nuvera Fuel Cells LLC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Proton Exchange Membrane Fuel Cell (PEMFC) market?
What factors are driving Proton Exchange Membrane Fuel Cell (PEMFC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Proton Exchange Membrane Fuel Cell (PEMFC) market opportunities vary by end market size?
How does Proton Exchange Membrane Fuel Cell (PEMFC) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “Proton Exchange Membrane Fuel Cell (PEMFC) Industry Forecast” looks at past sales and reviews total world Proton Exchange Membrane Fuel Cell (PEMFC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Proton Exchange Membrane Fuel Cell (PEMFC) sales for 2023 through 2029. With Proton Exchange Membrane Fuel Cell (PEMFC) 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 Fuel Cell (PEMFC) industry.
This Insight Report provides a comprehensive analysis of the global Proton Exchange Membrane Fuel Cell (PEMFC) 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 Fuel Cell (PEMFC) 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 Fuel Cell (PEMFC) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Proton Exchange Membrane Fuel Cell (PEMFC) 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 Fuel Cell (PEMFC).
The global Proton Exchange Membrane Fuel Cell (PEMFC) market size is projected to grow from US$ 1038.9 million in 2022 to US$ 1282.1 million in 2029; it is expected to grow at a CAGR of 1282.1 from 2023 to 2029.
The global key Proton Exchange Membrane Fuel Cell (PEMFC) manufacturers include Plug Power, Ballard, Nuvera Fuel Cells, Hydrogenics, Sunrise Power, Panasonic, Vision Group, Nedstack PEM Fuel Cells, Shenli Hi-Tech, Altergy Systems, Horizon Fuel Cell Technologies, Foresightetc and etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Proton Exchange Membrane Fuel Cell (PEMFC) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
50 KW
75 KW
Others
Segmentation by application
Stationary
Transportation
Portable
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.
Fuel Cell Energy, Inc.
Ballard Power Systems
Hydrogenics Corporation
SFC Energy AG
Nedstack Fuel Cell Technology B.V.
Bloom Energy
Doosan Fuel Cell America, Inc.
Ceres Power Holdings Plc
Plug Power, Inc.
Nuvera Fuel Cells LLC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Proton Exchange Membrane Fuel Cell (PEMFC) market?
What factors are driving Proton Exchange Membrane Fuel Cell (PEMFC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Proton Exchange Membrane Fuel Cell (PEMFC) market opportunities vary by end market size?
How does Proton Exchange Membrane Fuel Cell (PEMFC) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Proton Exchange Membrane Fuel Cell (PEMFC) by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Proton Exchange Membrane Fuel Cell (PEMFC) by Country/Region, 2018, 2022 & 2029
2.2 Proton Exchange Membrane Fuel Cell (PEMFC) Segment by Type
2.2.1 50 KW
2.2.2 75 KW
2.2.3 Others
2.3 Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Type
2.3.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Sales Market Share by Type (2018-2023)
2.3.2 Global Proton Exchange Membrane Fuel Cell (PEMFC) Revenue and Market Share by Type (2018-2023)
2.3.3 Global Proton Exchange Membrane Fuel Cell (PEMFC) Sale Price by Type (2018-2023)
2.4 Proton Exchange Membrane Fuel Cell (PEMFC) Segment by Application
2.4.1 Stationary
2.4.2 Transportation
2.4.3 Portable
2.5 Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Application
2.5.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Sale Market Share by Application (2018-2023)
2.5.2 Global Proton Exchange Membrane Fuel Cell (PEMFC) Revenue and Market Share by Application (2018-2023)
2.5.3 Global Proton Exchange Membrane Fuel Cell (PEMFC) Sale Price by Application (2018-2023)
3 Global Proton Exchange Membrane Fuel Cell (PEMFC) by Company
3.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Breakdown Data by Company
3.1.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Annual Sales by Company (2018-2023)
3.1.2 Global Proton Exchange Membrane Fuel Cell (PEMFC) Sales Market Share by Company (2018-2023)
3.2 Global Proton Exchange Membrane Fuel Cell (PEMFC) Annual Revenue by Company (2018-2023)
3.2.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Revenue by Company (2018-2023)
3.2.2 Global Proton Exchange Membrane Fuel Cell (PEMFC) Revenue Market Share by Company (2018-2023)
3.3 Global Proton Exchange Membrane Fuel Cell (PEMFC) Sale Price by Company
3.4 Key Manufacturers Proton Exchange Membrane Fuel Cell (PEMFC) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Proton Exchange Membrane Fuel Cell (PEMFC) Product Location Distribution
3.4.2 Players Proton Exchange Membrane Fuel Cell (PEMFC) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Proton Exchange Membrane Fuel Cell (PEMFC) by Geographic Region
4.1 World Historic Proton Exchange Membrane Fuel Cell (PEMFC) Market Size by Geographic Region (2018-2023)
4.1.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Proton Exchange Membrane Fuel Cell (PEMFC) Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Proton Exchange Membrane Fuel Cell (PEMFC) Market Size by Country/Region (2018-2023)
4.2.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Annual Sales by Country/Region (2018-2023)
4.2.2 Global Proton Exchange Membrane Fuel Cell (PEMFC) Annual Revenue by Country/Region (2018-2023)
4.3 Americas Proton Exchange Membrane Fuel Cell (PEMFC) Sales Growth
4.4 APAC Proton Exchange Membrane Fuel Cell (PEMFC) Sales Growth
4.5 Europe Proton Exchange Membrane Fuel Cell (PEMFC) Sales Growth
4.6 Middle East & Africa Proton Exchange Membrane Fuel Cell (PEMFC) Sales Growth
5 Americas
5.1 Americas Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Country
5.1.1 Americas Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Country (2018-2023)
5.1.2 Americas Proton Exchange Membrane Fuel Cell (PEMFC) Revenue by Country (2018-2023)
5.2 Americas Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Type
5.3 Americas Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Region
6.1.1 APAC Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Region (2018-2023)
6.1.2 APAC Proton Exchange Membrane Fuel Cell (PEMFC) Revenue by Region (2018-2023)
6.2 APAC Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Type
6.3 APAC Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Proton Exchange Membrane Fuel Cell (PEMFC) by Country
7.1.1 Europe Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Country (2018-2023)
7.1.2 Europe Proton Exchange Membrane Fuel Cell (PEMFC) Revenue by Country (2018-2023)
7.2 Europe Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Type
7.3 Europe Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Proton Exchange Membrane Fuel Cell (PEMFC) by Country
8.1.1 Middle East & Africa Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Country (2018-2023)
8.1.2 Middle East & Africa Proton Exchange Membrane Fuel Cell (PEMFC) Revenue by Country (2018-2023)
8.2 Middle East & Africa Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Type
8.3 Middle East & Africa Proton Exchange Membrane Fuel Cell (PEMFC) Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Proton Exchange Membrane Fuel Cell (PEMFC)
10.3 Manufacturing Process Analysis of Proton Exchange Membrane Fuel Cell (PEMFC)
10.4 Industry Chain Structure of Proton Exchange Membrane Fuel Cell (PEMFC)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Proton Exchange Membrane Fuel Cell (PEMFC) Distributors
11.3 Proton Exchange Membrane Fuel Cell (PEMFC) Customer
12 World Forecast Review for Proton Exchange Membrane Fuel Cell (PEMFC) by Geographic Region
12.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Market Size Forecast by Region
12.1.1 Global Proton Exchange Membrane Fuel Cell (PEMFC) Forecast by Region (2024-2029)
12.1.2 Global Proton Exchange Membrane Fuel Cell (PEMFC) Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Proton Exchange Membrane Fuel Cell (PEMFC) Forecast by Type
12.7 Global Proton Exchange Membrane Fuel Cell (PEMFC) Forecast by Application
13 Key Players Analysis
13.1 Fuel Cell Energy, Inc.
13.1.1 Fuel Cell Energy, Inc. Company Information
13.1.2 Fuel Cell Energy, Inc. Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.1.3 Fuel Cell Energy, Inc. Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 Fuel Cell Energy, Inc. Main Business Overview
13.1.5 Fuel Cell Energy, Inc. Latest Developments
13.2 Ballard Power Systems
13.2.1 Ballard Power Systems Company Information
13.2.2 Ballard Power Systems Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.2.3 Ballard Power Systems Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Ballard Power Systems Main Business Overview
13.2.5 Ballard Power Systems Latest Developments
13.3 Hydrogenics Corporation
13.3.1 Hydrogenics Corporation Company Information
13.3.2 Hydrogenics Corporation Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.3.3 Hydrogenics Corporation Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Hydrogenics Corporation Main Business Overview
13.3.5 Hydrogenics Corporation Latest Developments
13.4 SFC Energy AG
13.4.1 SFC Energy AG Company Information
13.4.2 SFC Energy AG Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.4.3 SFC Energy AG Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 SFC Energy AG Main Business Overview
13.4.5 SFC Energy AG Latest Developments
13.5 Nedstack Fuel Cell Technology B.V.
13.5.1 Nedstack Fuel Cell Technology B.V. Company Information
13.5.2 Nedstack Fuel Cell Technology B.V. Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.5.3 Nedstack Fuel Cell Technology B.V. Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 Nedstack Fuel Cell Technology B.V. Main Business Overview
13.5.5 Nedstack Fuel Cell Technology B.V. Latest Developments
13.6 Bloom Energy
13.6.1 Bloom Energy Company Information
13.6.2 Bloom Energy Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.6.3 Bloom Energy Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Bloom Energy Main Business Overview
13.6.5 Bloom Energy Latest Developments
13.7 Doosan Fuel Cell America, Inc.
13.7.1 Doosan Fuel Cell America, Inc. Company Information
13.7.2 Doosan Fuel Cell America, Inc. Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.7.3 Doosan Fuel Cell America, Inc. Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 Doosan Fuel Cell America, Inc. Main Business Overview
13.7.5 Doosan Fuel Cell America, Inc. Latest Developments
13.8 Ceres Power Holdings Plc
13.8.1 Ceres Power Holdings Plc Company Information
13.8.2 Ceres Power Holdings Plc Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.8.3 Ceres Power Holdings Plc Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Ceres Power Holdings Plc Main Business Overview
13.8.5 Ceres Power Holdings Plc Latest Developments
13.9 Plug Power, Inc.
13.9.1 Plug Power, Inc. Company Information
13.9.2 Plug Power, Inc. Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.9.3 Plug Power, Inc. Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Plug Power, Inc. Main Business Overview
13.9.5 Plug Power, Inc. Latest Developments
13.10 Nuvera Fuel Cells LLC
13.10.1 Nuvera Fuel Cells LLC Company Information
13.10.2 Nuvera Fuel Cells LLC Proton Exchange Membrane Fuel Cell (PEMFC) Product Portfolios and Specifications
13.10.3 Nuvera Fuel Cells LLC Proton Exchange Membrane Fuel Cell (PEMFC) Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Nuvera Fuel Cells LLC Main Business Overview
13.10.5 Nuvera Fuel Cells LLC Latest Developments
14 Research Findings and Conclusion