
The Membrane Electrode Assembly (MEA) is the core component of a fuel cell that helps produce the electrochemical reaction needed to separate electrons. On the anode side of the MEA, a fuel (hydrogen, methanol etc.) diffuses through the membrane and is met on the cathode end by an oxidant (oxygen or air) which bonds with the fuel and receives the electrons that were separated from the fuel. Catalysts on each side enable reactions and the membrane allows protons to pass through while keeping the gases separate. In this way cell potential is maintained and current is drawn from the cell producing electricity.
The global Membrane Electrode Assemblies (MEA) market size is projected to grow from US$ 849 million in 2024 to US$ 3959 million in 2030; it is expected to grow at a CAGR of 29.3% from 2024 to 2030.
The “Membrane Electrode Assemblies (MEA) Industry Forecast” looks at past sales and reviews total world Membrane Electrode Assemblies (MEA) sales in 2023, providing a comprehensive analysis by region and market sector of projected Membrane Electrode Assemblies (MEA) sales for 2024 through 2030. With Membrane Electrode Assemblies (MEA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Membrane Electrode Assemblies (MEA) industry.
This Insight Report provides a comprehensive analysis of the global Membrane Electrode Assemblies (MEA) 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 Membrane Electrode Assemblies (MEA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Membrane Electrode Assemblies (MEA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Membrane Electrode Assemblies (MEA) 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 Membrane Electrode Assemblies (MEA).
Global main manufacturers of membrane electrode assemblies (MEA) include Hyundai Mobis, Toyota, Johnson Matthey, SinoHyKey Technology, Greenerity, etc. The top five players hold a share about 62%. Asia-Pacific is the largest market, has a share about 63%, followed by Europe and North America, with share 24% and 12%, separately. In terms of product type, 5-layer MEA is the largest segment, occupied for a share of 74%.
This report presents a comprehensive overview, market shares, and growth opportunities of Membrane Electrode Assemblies (MEA) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
5-layer MEA
7-layer MEA
3-layer MEA
Segmentation by Application:
Fuel Cell Vehicle
Stationary Fuel Cell
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Johnson Matthey
SinoHyKey Technology
Hyundai Mobis
Greenerity
Toyota
Tangfeng
Hydrogine Technology
Gore
Ballard
WUT HyPower
Horizon
IRD Fuel Cells
Sunrise
Advent Technologies
Honda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Membrane Electrode Assemblies (MEA) market?
What factors are driving Membrane Electrode Assemblies (MEA) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Membrane Electrode Assemblies (MEA) market opportunities vary by end market size?
How does Membrane Electrode Assemblies (MEA) break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
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 Membrane Electrode Assemblies (MEA) Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Membrane Electrode Assemblies (MEA) by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Membrane Electrode Assemblies (MEA) by Country/Region, 2019, 2023 & 2030
2.2 Membrane Electrode Assemblies (MEA) Segment by Type
2.2.1 5-layer MEA
2.2.2 7-layer MEA
2.2.3 3-layer MEA
2.3 Membrane Electrode Assemblies (MEA) Sales by Type
2.3.1 Global Membrane Electrode Assemblies (MEA) Sales Market Share by Type (2019-2024)
2.3.2 Global Membrane Electrode Assemblies (MEA) Revenue and Market Share by Type (2019-2024)
2.3.3 Global Membrane Electrode Assemblies (MEA) Sale Price by Type (2019-2024)
2.4 Membrane Electrode Assemblies (MEA) Segment by Application
2.4.1 Fuel Cell Vehicle
2.4.2 Stationary Fuel Cell
2.4.3 Others
2.5 Membrane Electrode Assemblies (MEA) Sales by Application
2.5.1 Global Membrane Electrode Assemblies (MEA) Sale Market Share by Application (2019-2024)
2.5.2 Global Membrane Electrode Assemblies (MEA) Revenue and Market Share by Application (2019-2024)
2.5.3 Global Membrane Electrode Assemblies (MEA) Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Membrane Electrode Assemblies (MEA) Breakdown Data by Company
3.1.1 Global Membrane Electrode Assemblies (MEA) Annual Sales by Company (2019-2024)
3.1.2 Global Membrane Electrode Assemblies (MEA) Sales Market Share by Company (2019-2024)
3.2 Global Membrane Electrode Assemblies (MEA) Annual Revenue by Company (2019-2024)
3.2.1 Global Membrane Electrode Assemblies (MEA) Revenue by Company (2019-2024)
3.2.2 Global Membrane Electrode Assemblies (MEA) Revenue Market Share by Company (2019-2024)
3.3 Global Membrane Electrode Assemblies (MEA) Sale Price by Company
3.4 Key Manufacturers Membrane Electrode Assemblies (MEA) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Membrane Electrode Assemblies (MEA) Product Location Distribution
3.4.2 Players Membrane Electrode Assemblies (MEA) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Membrane Electrode Assemblies (MEA) by Geographic Region
4.1 World Historic Membrane Electrode Assemblies (MEA) Market Size by Geographic Region (2019-2024)
4.1.1 Global Membrane Electrode Assemblies (MEA) Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Membrane Electrode Assemblies (MEA) Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Membrane Electrode Assemblies (MEA) Market Size by Country/Region (2019-2024)
4.2.1 Global Membrane Electrode Assemblies (MEA) Annual Sales by Country/Region (2019-2024)
4.2.2 Global Membrane Electrode Assemblies (MEA) Annual Revenue by Country/Region (2019-2024)
4.3 Americas Membrane Electrode Assemblies (MEA) Sales Growth
4.4 APAC Membrane Electrode Assemblies (MEA) Sales Growth
4.5 Europe Membrane Electrode Assemblies (MEA) Sales Growth
4.6 Middle East & Africa Membrane Electrode Assemblies (MEA) Sales Growth
5 Americas
5.1 Americas Membrane Electrode Assemblies (MEA) Sales by Country
5.1.1 Americas Membrane Electrode Assemblies (MEA) Sales by Country (2019-2024)
5.1.2 Americas Membrane Electrode Assemblies (MEA) Revenue by Country (2019-2024)
5.2 Americas Membrane Electrode Assemblies (MEA) Sales by Type (2019-2024)
5.3 Americas Membrane Electrode Assemblies (MEA) Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Membrane Electrode Assemblies (MEA) Sales by Region
6.1.1 APAC Membrane Electrode Assemblies (MEA) Sales by Region (2019-2024)
6.1.2 APAC Membrane Electrode Assemblies (MEA) Revenue by Region (2019-2024)
6.2 APAC Membrane Electrode Assemblies (MEA) Sales by Type (2019-2024)
6.3 APAC Membrane Electrode Assemblies (MEA) Sales by Application (2019-2024)
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 Membrane Electrode Assemblies (MEA) by Country
7.1.1 Europe Membrane Electrode Assemblies (MEA) Sales by Country (2019-2024)
7.1.2 Europe Membrane Electrode Assemblies (MEA) Revenue by Country (2019-2024)
7.2 Europe Membrane Electrode Assemblies (MEA) Sales by Type (2019-2024)
7.3 Europe Membrane Electrode Assemblies (MEA) Sales by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Membrane Electrode Assemblies (MEA) by Country
8.1.1 Middle East & Africa Membrane Electrode Assemblies (MEA) Sales by Country (2019-2024)
8.1.2 Middle East & Africa Membrane Electrode Assemblies (MEA) Revenue by Country (2019-2024)
8.2 Middle East & Africa Membrane Electrode Assemblies (MEA) Sales by Type (2019-2024)
8.3 Middle East & Africa Membrane Electrode Assemblies (MEA) Sales by Application (2019-2024)
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 Membrane Electrode Assemblies (MEA)
10.3 Manufacturing Process Analysis of Membrane Electrode Assemblies (MEA)
10.4 Industry Chain Structure of Membrane Electrode Assemblies (MEA)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Membrane Electrode Assemblies (MEA) Distributors
11.3 Membrane Electrode Assemblies (MEA) Customer
12 World Forecast Review for Membrane Electrode Assemblies (MEA) by Geographic Region
12.1 Global Membrane Electrode Assemblies (MEA) Market Size Forecast by Region
12.1.1 Global Membrane Electrode Assemblies (MEA) Forecast by Region (2025-2030)
12.1.2 Global Membrane Electrode Assemblies (MEA) Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Membrane Electrode Assemblies (MEA) Forecast by Type (2025-2030)
12.7 Global Membrane Electrode Assemblies (MEA) Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Johnson Matthey
13.1.1 Johnson Matthey Company Information
13.1.2 Johnson Matthey Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.1.3 Johnson Matthey Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Johnson Matthey Main Business Overview
13.1.5 Johnson Matthey Latest Developments
13.2 SinoHyKey Technology
13.2.1 SinoHyKey Technology Company Information
13.2.2 SinoHyKey Technology Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.2.3 SinoHyKey Technology Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 SinoHyKey Technology Main Business Overview
13.2.5 SinoHyKey Technology Latest Developments
13.3 Hyundai Mobis
13.3.1 Hyundai Mobis Company Information
13.3.2 Hyundai Mobis Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.3.3 Hyundai Mobis Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Hyundai Mobis Main Business Overview
13.3.5 Hyundai Mobis Latest Developments
13.4 Greenerity
13.4.1 Greenerity Company Information
13.4.2 Greenerity Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.4.3 Greenerity Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Greenerity Main Business Overview
13.4.5 Greenerity Latest Developments
13.5 Toyota
13.5.1 Toyota Company Information
13.5.2 Toyota Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.5.3 Toyota Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Toyota Main Business Overview
13.5.5 Toyota Latest Developments
13.6 Tangfeng
13.6.1 Tangfeng Company Information
13.6.2 Tangfeng Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.6.3 Tangfeng Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Tangfeng Main Business Overview
13.6.5 Tangfeng Latest Developments
13.7 Hydrogine Technology
13.7.1 Hydrogine Technology Company Information
13.7.2 Hydrogine Technology Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.7.3 Hydrogine Technology Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Hydrogine Technology Main Business Overview
13.7.5 Hydrogine Technology Latest Developments
13.8 Gore
13.8.1 Gore Company Information
13.8.2 Gore Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.8.3 Gore Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Gore Main Business Overview
13.8.5 Gore Latest Developments
13.9 Ballard
13.9.1 Ballard Company Information
13.9.2 Ballard Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.9.3 Ballard Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Ballard Main Business Overview
13.9.5 Ballard Latest Developments
13.10 WUT HyPower
13.10.1 WUT HyPower Company Information
13.10.2 WUT HyPower Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.10.3 WUT HyPower Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 WUT HyPower Main Business Overview
13.10.5 WUT HyPower Latest Developments
13.11 Horizon
13.11.1 Horizon Company Information
13.11.2 Horizon Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.11.3 Horizon Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Horizon Main Business Overview
13.11.5 Horizon Latest Developments
13.12 IRD Fuel Cells
13.12.1 IRD Fuel Cells Company Information
13.12.2 IRD Fuel Cells Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.12.3 IRD Fuel Cells Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 IRD Fuel Cells Main Business Overview
13.12.5 IRD Fuel Cells Latest Developments
13.13 Sunrise
13.13.1 Sunrise Company Information
13.13.2 Sunrise Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.13.3 Sunrise Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Sunrise Main Business Overview
13.13.5 Sunrise Latest Developments
13.14 Advent Technologies
13.14.1 Advent Technologies Company Information
13.14.2 Advent Technologies Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.14.3 Advent Technologies Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Advent Technologies Main Business Overview
13.14.5 Advent Technologies Latest Developments
13.15 Honda
13.15.1 Honda Company Information
13.15.2 Honda Membrane Electrode Assemblies (MEA) Product Portfolios and Specifications
13.15.3 Honda Membrane Electrode Assemblies (MEA) Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Honda Main Business Overview
13.15.5 Honda Latest Developments
14 Research Findings and Conclusion
*If Applicable.
