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

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.

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.

Polymer electrolyte membrane fuel cells market is segmented based on region.

Based on the region the 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.

Polymer Electrolyte Membrane Fuel Cells Market, By Region:

• North America
  • Middle East & Africa
    • Middle East & Africa Polymer Electrolyte Membrane Fuel Cells Market, By Country
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • Latin America Polymer Electrolyte Membrane Fuel Cells Market, By Country
      • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • Asia Pacific Polymer Electrolyte Membrane Fuel Cells Market, By Country
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • Europe Polymer Electrolyte Membrane Fuel Cells Market, By Country
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • North America Polymer Electrolyte Membrane Fuel Cells Market, By Country
    • U.S.
    • Canada

The key players operating the 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.

• 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