Proton Exchange Membrane Fuel Cells (PEMFCs) Market Size, Share, Analysis Report

Proton Exchange Membrane Fuel Cells (PEMFCs) Market Size By Type (Solid Oxide Fuel Cells (SOFC), Proton Exchange Membrane Fuel Cells (PEMFC), Direct Methanol Fuel Cells (DMFC)), By Application (Transport, Stationary, Portable), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

Proton Exchange Membrane Fuel Cells (PEMFCs) Market is expected to be around US$ 7.40 Billion by 2027 at a CAGR of 27.9% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • SFC Energy AG
  • Nedstack Fuel Cell Technology B.V
  • Toshiba Corporation
  • Doosan Fuel Cell America, Inc
  • FuelCell Energy Inc
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    27

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market is expected to be around US$ 7.40 Billion by 2027 at a CAGR of 27.9% in the given forecast period.

    Expanded interest in R&D is a key pattern impacting the market. Numerous universities and governmental organizations are occupied with research and exhibition tasks of new advances in the PEMFC business. Plenteous vitality sources and rising applications go about as a noteworthy driver in the global PEMFC Market. Hydrogen is utilized in stationary PEMFCs as a fuel as it is the lightest, most bounteous component known to man.

    A Proton Exchange Membrane Fuel Cell (PEMFC) is a vitality change system and changes concoction vitality into electric vitality and is the most developed kind of the energy components. The ebb and flow research reports extensive advancement into commercialization. Organizations in various nations previously propelled different items into the market and have gained huge ground.

    The global Proton Exchange Membrane Fuel Cells (PEMFCs) market is segregated on the basis of Type as Solid Oxide Fuel Cells (SOFC), Proton Exchange Membrane Fuel Cells (PEMFC), Direct Methanol Fuel Cells (DMFC), and Others. Based on Application the global Proton Exchange Membrane Fuel Cells (PEMFCs) market is segmented in Transport, Stationary, and Portable.

    The global Proton Exchange Membrane Fuel Cells (PEMFCs) market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Proton Exchange Membrane Fuel Cells (PEMFCs) market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    SFC Energy AG, Toshiba Corporation, Doosan Fuel Cell America, Inc., FuelCell Energy, Inc., Hydrogenics Corporation, Nedstack Fuel Cell Technology B.V., Plug Power, Inc., AFC Energy PLC, Ballard Power Systems Inc., Panasonic Corporation, and others are among the major players in the global Proton Exchange Membrane Fuel Cells (PEMFCs) market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Proton Exchange Membrane Fuel Cells (PEMFCs) Market has been segmented as below:

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Type

    • Solid Oxide Fuel Cells (SOFC)
    • Proton Exchange Membrane Fuel Cells (PEMFC)
    • Direct Methanol Fuel Cells (DMFC)
    • Others

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Application

    • Transport
    • Stationary
    • Portable

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Company

    • SFC Energy AG
    • Toshiba Corporation
    • Doosan Fuel Cell America, Inc.
    • FuelCell Energy, Inc.
    • Hydrogenics Corporation
    • Nedstack Fuel Cell Technology B.V.
    • Plug Power, Inc.
    • AFC Energy PLC
    • Ballard Power Systems Inc.
    • Panasonic Corporation

    The report covers:

    • Global Proton Exchange Membrane Fuel Cells (PEMFCs) market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Proton Exchange Membrane Fuel Cells (PEMFCs) market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Proton Exchange Membrane Fuel Cells (PEMFCs) market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Proton Exchange Membrane Fuel Cells (PEMFCs) market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Proton Exchange Membrane Fuel Cells (PEMFCs) market share. Major industry players with significant revenue share include SFC Energy AG, Toshiba Corporation, Doosan Fuel Cell America, Inc., FuelCell Energy, Inc., Hydrogenics Corporation, Nedstack Fuel Cell Technology B.V., Plug Power, Inc., AFC Energy PLC, Ballard Power Systems Inc., Panasonic Corporation, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Proton Exchange Membrane Fuel Cells (PEMFCs) industry trends
    • Find complete analysis on the market status
    • Identify the Proton Exchange Membrane Fuel Cells (PEMFCs) market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Type
        5.1 Introduction
        5.2 Solid Oxide Fuel Cells (SOFC)
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Proton Exchange Membrane Fuel Cells (PEMFC)
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Direct Methanol Fuel Cells (DMFC)
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Others
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
    6. Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Application
        6.1 Introduction
        6.2 Transport
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Stationary
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Portable
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
    7. Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Geography
        7.1 Introduction
        7.2 North America
            7.2.1 North America Proton Exchange Membrane Fuel Cells (PEMFCs), By Type
            7.2.2 North America Proton Exchange Membrane Fuel Cells (PEMFCs), By Application
        7.3 Europe
            7.3.1 Europe Proton Exchange Membrane Fuel Cells (PEMFCs), By Type
            7.3.2 Europe Proton Exchange Membrane Fuel Cells (PEMFCs), By Application
        7.4 Asia-Pacific
            7.4.1 Asia-Pacific Proton Exchange Membrane Fuel Cells (PEMFCs), By Type
            7.4.2 Asia-Pacific Proton Exchange Membrane Fuel Cells (PEMFCs), By Application
        7.5 Rest of the World
            7.5.1 Rest of the World Proton Exchange Membrane Fuel Cells (PEMFCs), By Type
            7.5.2 Rest of the World Proton Exchange Membrane Fuel Cells (PEMFCs), By Application
    8. Competitive Insights
        8.1 Key Insights
        8.2 Company Market Share Analysis
        8.3 Strategic Outlook
            8.3.1 Mergers & Acquisitions
            8.3.2 New Product Development
            8.3.3 Portfolio/Production Capacity Expansions
            8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            8.3.5 Others
    9. Company Profiles
        9.1 SFC Energy AG
            9.1.1 Company Overview
            9.1.2 Product/Service Landscape
            9.1.3 Financial Overview
            9.1.4 Recent Developments
        9.2 Toshiba Corporation
            9.2.1 Company Overview
            9.2.2 Product/Service Landscape
            9.2.3 Financial Overview
            9.2.4 Recent Developments
        9.3 Doosan Fuel Cell America, Inc.
            9.3.1 Company Overview
            9.3.2 Product/Service Landscape
            9.3.3 Financial Overview
            9.3.4 Recent Developments
        9.4 FuelCell Energy, Inc.
            9.4.1 Company Overview
            9.4.2 Product/Service Landscape
            9.4.3 Financial Overview
            9.4.4 Recent Developments
        9.5 Hydrogenics Corporation
            9.5.1 Company Overview
            9.5.2 Product/Service Landscape
            9.5.3 Financial Overview
            9.5.4 Recent Developments
        9.6 Nedstack Fuel Cell Technology B.V.
            9.6.1 Company Overview
            9.6.2 Product/Service Landscape
            9.6.3 Financial Overview
            9.6.4 Recent Developments
        9.7 Plug Power, Inc.
            9.7.1 Company Overview
            9.7.2 Product/Service Landscape
            9.7.3 Financial Overview
            9.7.4 Recent Developments
        9.8 AFC Energy PLC
            9.8.1 Company Overview
            9.8.2 Product/Service Landscape
            9.8.3 Financial Overview
            9.8.4 Recent Developments
        9.9 Ballard Power Systems Inc.
            9.9.1 Company Overview
            9.9.2 Product/Service Landscape
            9.9.3 Financial Overview
            9.9.4 Recent Developments
        9.10 Panasonic Corporation
            9.10.1 Company Overview
            9.10.2 Product/Service Landscape
            9.10.3 Financial Overview
            9.10.4 Recent Developments

    The Proton Exchange Membrane Fuel Cells (PEMFCs) Market has been segmented as below:

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Type

    • Solid Oxide Fuel Cells (SOFC)
    • Proton Exchange Membrane Fuel Cells (PEMFC)
    • Direct Methanol Fuel Cells (DMFC)
    • Others

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Application

    • Transport
    • Stationary
    • Portable

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Proton Exchange Membrane Fuel Cells (PEMFCs) Market, By Company

    • SFC Energy AG
    • Toshiba Corporation
    • Doosan Fuel Cell America, Inc.
    • FuelCell Energy, Inc.
    • Hydrogenics Corporation
    • Nedstack Fuel Cell Technology B.V.
    • Plug Power, Inc.
    • AFC Energy PLC
    • Ballard Power Systems Inc.
    • Panasonic Corporation

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    The market is expected to grow at a CAGR of 27.9% during the study period (2022-2027)
    Proton Exchange Membrane Fuel Cells (PEMFCs) Market is expected to be around US$ 7.40 Billion by 2027
    The segment included in Proton Exchange Membrane Fuel Cells (PEMFCs) Market is Type, Application, Company and region.
    Some key players operating in the Proton Exchange Membrane Fuel Cells (PEMFCs) Market include SFC Energy AG, Toshiba Corporation, Doosan Fuel Cell America, Inc., FuelCell Energy, Inc., Hydrogenics Corporation, Nedstack Fuel Cell Technology B.V., Plug Power, Inc., AFC Energy PLC, Ballard Power Systems Inc
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