
The global Solid Polymer Proton Exchange Membrane Fuel Cell market size is expected to reach $ 9412.3 million by 2030, rising at a market growth of 30.5% CAGR during the forecast period (2024-2030).
PEMFCs are widely used in a variety of applications including transportation, portable power, and stationary power generation. Growing demand for renewable energy adoption on the grid, coupled with widespread availability of reliable and low-emission equipment, will drive business trends. Improvements in catalysts, membrane materials and stack designs have extended their service life and reduced maintenance costs due to high energy conversion efficiencies, fuel flexibility and ongoing research and development efforts, coupled with the advancement of proton exchange membrane fuel cells in stationary applications The increasing deployment will boost industry dynamics. The fast start-up and response times of PEMFCs enable fast and efficient power delivery, coupled with increasing investment in the development of fuel cell infrastructure, the growing demand for fuel cell electric vehicles as an alternative to existing vehicles, coupled with the rapid development of technology Progress in launching new products will stimulate product adoption.
Solid polymer proton exchange membrane fuel cell is a fuel cell that uses hydrogen-containing fuel and air to generate electricity and heat. Solid polymer proton exchange membrane fuel cells operate at relatively low temperatures (below 100 degrees Celsius) and can tailor electrical output to meet dynamic power requirements. Due to the relatively low temperatures and the use of precious metal-based electrodes, these cells must operate on pure hydrogen.
This report studies the global Solid Polymer Proton Exchange Membrane Fuel Cell production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Solid Polymer Proton Exchange Membrane Fuel Cell, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Solid Polymer Proton Exchange Membrane Fuel Cell that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Solid Polymer Proton Exchange Membrane Fuel Cell total production and demand, 2019-2030, (K Units)
Global Solid Polymer Proton Exchange Membrane Fuel Cell total production value, 2019-2030, (USD Million)
Global Solid Polymer Proton Exchange Membrane Fuel Cell production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Solid Polymer Proton Exchange Membrane Fuel Cell consumption by region & country, CAGR, 2019-2030 & (K Units)
U.S. VS China: Solid Polymer Proton Exchange Membrane Fuel Cell domestic production, consumption, key domestic manufacturers and share
Global Solid Polymer Proton Exchange Membrane Fuel Cell production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Units)
Global Solid Polymer Proton Exchange Membrane Fuel Cell production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Solid Polymer Proton Exchange Membrane Fuel Cell production by Application production, value, CAGR, 2019-2030, (USD Million) & (K Units).
This reports profiles key players in the global Solid Polymer Proton Exchange Membrane Fuel Cell market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Plug Power, Ballard, Nuvera Fuel Cells, Hydrogenics, Sunrise Power, Panasonic, Vision Group, Nedstack PEM Fuel Cells and Shenli Hi-Tech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Solid Polymer Proton Exchange Membrane Fuel Cell market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Solid Polymer Proton Exchange Membrane Fuel Cell Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Solid Polymer Proton Exchange Membrane Fuel Cell Market, Segmentation by Type
Compressed Gaseous Hydrogen
Cryogenic Liquid Hydrogen
Hydrides
Global Solid Polymer Proton Exchange Membrane Fuel Cell Market, Segmentation by Application
Fuel Cells for Transportation
Stationary Fuel Cell
Others
Companies Profiled:
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
Key Questions Answered
1. How big is the global Solid Polymer Proton Exchange Membrane Fuel Cell market?
2. What is the demand of the global Solid Polymer Proton Exchange Membrane Fuel Cell market?
3. What is the year over year growth of the global Solid Polymer Proton Exchange Membrane Fuel Cell market?
4. What is the production and production value of the global Solid Polymer Proton Exchange Membrane Fuel Cell market?
5. Who are the key producers in the global Solid Polymer Proton Exchange Membrane Fuel Cell market?
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Supply Summary
1.1 Solid Polymer Proton Exchange Membrane Fuel Cell Introduction
1.2 World Solid Polymer Proton Exchange Membrane Fuel Cell Supply & Forecast
1.2.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Production Value (2019 & 2023 & 2030)
1.2.2 World Solid Polymer Proton Exchange Membrane Fuel Cell Production (2019-2030)
1.2.3 World Solid Polymer Proton Exchange Membrane Fuel Cell Pricing Trends (2019-2030)
1.3 World Solid Polymer Proton Exchange Membrane Fuel Cell Production by Region (Based on Production Site)
1.3.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Production Value by Region (2019-2030)
1.3.2 World Solid Polymer Proton Exchange Membrane Fuel Cell Production by Region (2019-2030)
1.3.3 World Solid Polymer Proton Exchange Membrane Fuel Cell Average Price by Region (2019-2030)
1.3.4 North America Solid Polymer Proton Exchange Membrane Fuel Cell Production (2019-2030)
1.3.5 Europe Solid Polymer Proton Exchange Membrane Fuel Cell Production (2019-2030)
1.3.6 China Solid Polymer Proton Exchange Membrane Fuel Cell Production (2019-2030)
1.3.7 Japan Solid Polymer Proton Exchange Membrane Fuel Cell Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Solid Polymer Proton Exchange Membrane Fuel Cell Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Solid Polymer Proton Exchange Membrane Fuel Cell Major Market Trends
2 Demand Summary
2.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Demand (2019-2030)
2.2 World Solid Polymer Proton Exchange Membrane Fuel Cell Consumption by Region
2.2.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Consumption by Region (2019-2024)
2.2.2 World Solid Polymer Proton Exchange Membrane Fuel Cell Consumption Forecast by Region (2025-2030)
2.3 United States Solid Polymer Proton Exchange Membrane Fuel Cell Consumption (2019-2030)
2.4 China Solid Polymer Proton Exchange Membrane Fuel Cell Consumption (2019-2030)
2.5 Europe Solid Polymer Proton Exchange Membrane Fuel Cell Consumption (2019-2030)
2.6 Japan Solid Polymer Proton Exchange Membrane Fuel Cell Consumption (2019-2030)
2.7 South Korea Solid Polymer Proton Exchange Membrane Fuel Cell Consumption (2019-2030)
2.8 ASEAN Solid Polymer Proton Exchange Membrane Fuel Cell Consumption (2019-2030)
2.9 India Solid Polymer Proton Exchange Membrane Fuel Cell Consumption (2019-2030)
3 World Solid Polymer Proton Exchange Membrane Fuel Cell Manufacturers Competitive Analysis
3.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Production Value by Manufacturer (2019-2024)
3.2 World Solid Polymer Proton Exchange Membrane Fuel Cell Production by Manufacturer (2019-2024)
3.3 World Solid Polymer Proton Exchange Membrane Fuel Cell Average Price by Manufacturer (2019-2024)
3.4 Solid Polymer Proton Exchange Membrane Fuel Cell Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Solid Polymer Proton Exchange Membrane Fuel Cell Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Solid Polymer Proton Exchange Membrane Fuel Cell in 2023
3.5.3 Global Concentration Ratios (CR8) for Solid Polymer Proton Exchange Membrane Fuel Cell in 2023
3.6 Solid Polymer Proton Exchange Membrane Fuel Cell Market: Overall Company Footprint Analysis
3.6.1 Solid Polymer Proton Exchange Membrane Fuel Cell Market: Region Footprint
3.6.2 Solid Polymer Proton Exchange Membrane Fuel Cell Market: Company Product Type Footprint
3.6.3 Solid Polymer Proton Exchange Membrane Fuel Cell Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
4.1 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Production Value Comparison
4.1.1 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Production Comparison
4.2.1 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Consumption Comparison
4.3.1 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Solid Polymer Proton Exchange Membrane Fuel Cell Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Solid Polymer Proton Exchange Membrane Fuel Cell Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Solid Polymer Proton Exchange Membrane Fuel Cell Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Solid Polymer Proton Exchange Membrane Fuel Cell Production Value (2019-2024)
4.4.3 United States Based Manufacturers Solid Polymer Proton Exchange Membrane Fuel Cell Production (2019-2024)
4.5 China Based Solid Polymer Proton Exchange Membrane Fuel Cell Manufacturers and Market Share
4.5.1 China Based Solid Polymer Proton Exchange Membrane Fuel Cell Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Solid Polymer Proton Exchange Membrane Fuel Cell Production Value (2019-2024)
4.5.3 China Based Manufacturers Solid Polymer Proton Exchange Membrane Fuel Cell Production (2019-2024)
4.6 Rest of World Based Solid Polymer Proton Exchange Membrane Fuel Cell Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Solid Polymer Proton Exchange Membrane Fuel Cell Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Solid Polymer Proton Exchange Membrane Fuel Cell Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Solid Polymer Proton Exchange Membrane Fuel Cell Production (2019-2024)
5 Market Analysis by Type
5.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Compressed Gaseous Hydrogen
5.2.2 Cryogenic Liquid Hydrogen
5.2.3 Hydrides
5.3 Market Segment by Type
5.3.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Production by Type (2019-2030)
5.3.2 World Solid Polymer Proton Exchange Membrane Fuel Cell Production Value by Type (2019-2030)
5.3.3 World Solid Polymer Proton Exchange Membrane Fuel Cell Average Price by Type (2019-2030)
6 Market Analysis by Application
6.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Fuel Cells for Transportation
6.2.2 Stationary Fuel Cell
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Solid Polymer Proton Exchange Membrane Fuel Cell Production by Application (2019-2030)
6.3.2 World Solid Polymer Proton Exchange Membrane Fuel Cell Production Value by Application (2019-2030)
6.3.3 World Solid Polymer Proton Exchange Membrane Fuel Cell Average Price by Application (2019-2030)
7 Company Profiles
7.1 Plug Power
7.1.1 Plug Power Details
7.1.2 Plug Power Major Business
7.1.3 Plug Power Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.1.4 Plug Power Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Plug Power Recent Developments/Updates
7.1.6 Plug Power Competitive Strengths & Weaknesses
7.2 Ballard
7.2.1 Ballard Details
7.2.2 Ballard Major Business
7.2.3 Ballard Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.2.4 Ballard Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Ballard Recent Developments/Updates
7.2.6 Ballard Competitive Strengths & Weaknesses
7.3 Nuvera Fuel Cells
7.3.1 Nuvera Fuel Cells Details
7.3.2 Nuvera Fuel Cells Major Business
7.3.3 Nuvera Fuel Cells Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.3.4 Nuvera Fuel Cells Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Nuvera Fuel Cells Recent Developments/Updates
7.3.6 Nuvera Fuel Cells Competitive Strengths & Weaknesses
7.4 Hydrogenics
7.4.1 Hydrogenics Details
7.4.2 Hydrogenics Major Business
7.4.3 Hydrogenics Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.4.4 Hydrogenics Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Hydrogenics Recent Developments/Updates
7.4.6 Hydrogenics Competitive Strengths & Weaknesses
7.5 Sunrise Power
7.5.1 Sunrise Power Details
7.5.2 Sunrise Power Major Business
7.5.3 Sunrise Power Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.5.4 Sunrise Power Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Sunrise Power Recent Developments/Updates
7.5.6 Sunrise Power Competitive Strengths & Weaknesses
7.6 Panasonic
7.6.1 Panasonic Details
7.6.2 Panasonic Major Business
7.6.3 Panasonic Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.6.4 Panasonic Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Panasonic Recent Developments/Updates
7.6.6 Panasonic Competitive Strengths & Weaknesses
7.7 Vision Group
7.7.1 Vision Group Details
7.7.2 Vision Group Major Business
7.7.3 Vision Group Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.7.4 Vision Group Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Vision Group Recent Developments/Updates
7.7.6 Vision Group Competitive Strengths & Weaknesses
7.8 Nedstack PEM Fuel Cells
7.8.1 Nedstack PEM Fuel Cells Details
7.8.2 Nedstack PEM Fuel Cells Major Business
7.8.3 Nedstack PEM Fuel Cells Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.8.4 Nedstack PEM Fuel Cells Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 Nedstack PEM Fuel Cells Recent Developments/Updates
7.8.6 Nedstack PEM Fuel Cells Competitive Strengths & Weaknesses
7.9 Shenli Hi-Tech
7.9.1 Shenli Hi-Tech Details
7.9.2 Shenli Hi-Tech Major Business
7.9.3 Shenli Hi-Tech Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.9.4 Shenli Hi-Tech Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 Shenli Hi-Tech Recent Developments/Updates
7.9.6 Shenli Hi-Tech Competitive Strengths & Weaknesses
7.10 Altergy Systems
7.10.1 Altergy Systems Details
7.10.2 Altergy Systems Major Business
7.10.3 Altergy Systems Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.10.4 Altergy Systems Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 Altergy Systems Recent Developments/Updates
7.10.6 Altergy Systems Competitive Strengths & Weaknesses
7.11 Horizon Fuel Cell Technologies
7.11.1 Horizon Fuel Cell Technologies Details
7.11.2 Horizon Fuel Cell Technologies Major Business
7.11.3 Horizon Fuel Cell Technologies Solid Polymer Proton Exchange Membrane Fuel Cell Product and Services
7.11.4 Horizon Fuel Cell Technologies Solid Polymer Proton Exchange Membrane Fuel Cell Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 Horizon Fuel Cell Technologies Recent Developments/Updates
7.11.6 Horizon Fuel Cell Technologies Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Solid Polymer Proton Exchange Membrane Fuel Cell Industry Chain
8.2 Solid Polymer Proton Exchange Membrane Fuel Cell Upstream Analysis
8.2.1 Solid Polymer Proton Exchange Membrane Fuel Cell Core Raw Materials
8.2.2 Main Manufacturers of Solid Polymer Proton Exchange Membrane Fuel Cell Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Solid Polymer Proton Exchange Membrane Fuel Cell Production Mode
8.6 Solid Polymer Proton Exchange Membrane Fuel Cell Procurement Model
8.7 Solid Polymer Proton Exchange Membrane Fuel Cell Industry Sales Model and Sales Channels
8.7.1 Solid Polymer Proton Exchange Membrane Fuel Cell Sales Model
8.7.2 Solid Polymer Proton Exchange Membrane Fuel Cell Typical Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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
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