Polymer Electrolyte Membrane Fuel Cells Market, By Type (Gas Diffusion Layer, Electrodes, and Others), By Application (Stationary, Transport, and Portable), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI410320 | Publish Date: December 2023 | No. of Pages: 168

Global Polymer Electrolyte Membrane Fuel Overview

Polymer exchange membrane (PEM) fuel cell, also known as the proton exchange membrane fuel cell, uses a water-based, acidic polymer membrane as its electrolyte. It uses pure hydrogen, which is processed at the anode. On the cathode side, electrode combines the proton and electron with oxygen to produce water and heat as a byproduct. Oxygen can be supplied in a purified form or extracted from directly from the air. As a result, proton pass through the membrane to the cathode side and electron travels in an external circuit, generating the electrical output of the cell. For instance, in 2017, trucks and other heavy vehicles have become the most important sector for polymer electrolytes membrane fuel cells.

Drivers and Restraints:

The initiatives undertaken by the government and the funding and support by the private sector is the major driving factor for the growth of the global market. Moreover, the advantage of the of the PEM fuel cells over its alternatives is another propelling factor for the growth of the target market. Additionally, it reducing platinum in the fuel cell used in the automotive sector is the boosting factor for the growth of the global market. However, comparatively the more cost of PEM fuel cells than the other alternative is the major hampering factor for the growth of the target market.

Segmentation:

The global polymer electrolyte membrane fuel cells market is segmented based on region.

Based on the region the global polymer electrolyte membrane fuel cells market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia- Pacific region is the dominating region for the polymer electrolytes membrane fuel cells due to increasing adoption of the fuels cells car. For instance, the South Korean government introduced a set of measures for the development of an ecosystem for hydrogen vehicles, in 2018, in order to promote the transition from fossil fuels to zero emission energy.

Key Players:                                                                                                  

The key players operating the global polymer electrolyte membrane fuel cells market involves Hydrogenics Corporation, Bramble Energy, Toshiba Corp., Ballard Power Systems, Plug Power Inc., ITM Power plc, Powercell Sweden AB, Intelligent Energy Limited. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in 2018, Bramble Energy Ltd. declared a new partnership with TCP Ltd. and BOC Ltd. for the development of portable, PEM based hydrogen fuel cell powered LED lighting towers.

Detailed Segmentation:

Global Polymer Electrolyte Membrane Fuel Cells Market, By Region:

      • North America
        • North America Polymer Electrolyte Membrane Fuel Cells Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Polymer Electrolyte Membrane Fuel Cells Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Polymer Electrolyte Membrane Fuel Cells Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America Polymer Electrolyte Membrane Fuel Cells Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Polymer Electrolyte Membrane Fuel Cells Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa
  • Company Profile:
  • Hydrogenics Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategy
  • Bramble Energy
  • Toshiba Corp.
  • Ballard Power Systems
  • Plug Power Inc.
  • ITM Power plc.
  • Powercell Sweden AB
  • Intelligent Energy Limited

 “*” marked represents similar segmentation in other categories in the respective section

Global Polymer Electrolyte Membrane Fuel Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Polymer Electrolyte Membrane Fuel Cells Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Gas Diffusion Layer
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electrodes
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Polymer Electrolyte Membrane Fuel Cells Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Stationary
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Transport
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Portable
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Polymer Electrolyte Membrane Fuel Cells Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America

 

  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Hydrogenics Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bramble Energy
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Toshiba Corp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ballard Power Systems
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Plug Power Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ITM Power plc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Powercell Sweden AB
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Intelligent Energy Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The global polymer electrolyte membrane fuel cells market is segmented based on region.

The initiatives undertaken by the government and the funding and support by the private sector is the major driving factor for the growth of the global market.

The Asia- Pacific region is the dominating region for the polymer electrolytes membrane fuel cells due to the increasing adoption of the fuels cells car.

Manufacturers are focusing on licensing agreements, capacity expansions, and acquisitions for strengthening their market presence and expanding their product portfolios. For instance, in 2018, Bramble Energy Ltd. declared a new partnership with TCP Ltd. and BOC Ltd. for the development of portable, PEM based hydrogen fuel cell-powered LED lighting towers.