The global market size of Proton Exchange Membrane Fuel Cell (PEMFC) is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2019 to 2025.
Overview:
Proton exchange membrane fuel cells are a type of fuel cell developed primarily for transport applications, portable fuel-cell applications, and stationary fuel-cell applications. Fuel cells have many advantages, such as increased efficiency and longer life than others. The global proton exchange membrane fuel cell market focuses on six regions, such as North America, Europe, South America, Asia Pacific, the Middle East, and Africa.
Drivers:
Government initiatives for the development of fuel cell infrastructure, such as hydrogen refueling stations, are expected to drive growth of the global proton exchange membrane fuel cell market during the forecast period. For instance, the Government of South Korean plans to build 310 hydrogen refueling stations by 2022, and around 1200 stations by 2040. Increasing demand for stationary fuel cells is also expected to drive growth of the market. Moreover, growing investments in research and development activities of fuel cell technology are expected to propel the global proton exchange membrane fuel cell market growth.
Restraint:
Lack of fuel cell infrastructure in emerging economies is expected to hamper growth of the global proton exchange membrane fuel cell market.
Opportunities:
Increasing demand for fuel cell vehicles is expected to create significant growth opportunities in the global proton exchange membrane fuel cell market.
Regional Insights:
Europe is expected to register robust growth in the global proton exchange membrane fuel cell market due to rising government initiatives for the development of fuel cell infrastructure in this region. For instance, Germany has 23 hydrogen fueling stations in operation and plans to build 400 stations by 2025.
Asia Pacific is also expected to witness lucrative growth in the global proton exchange membrane fuel cell market due to the presence of major fuel cell electric vehicle manufacturers (such as Nissan, Toyota, and Hyundai) in this region.
Competitive Section:
Kay players operating in the global proton exchange membrane fuel cell market are Ballard Power Systems, Fuel Cell Energy, Hydrogenics, Intelligent Energy, Plug Power, SFC Energy, Toshiba Energy Systems & Solution Corporation, Aisin Seiki Co., Bloom Energy, Mitsubishi Hitachi Power Systems, Horizon Fuel cell, Linde, and Doosan Fuel Cell.
In August 2020, Linde was selected by the European Commission as a new member of the European Clean Hydrogen Alliance.
In December 2018, Hydrogenics received an order to design and supply fuel cell power modules for a new lightweight aircraft.
Global Proton Exchange Membrane Fuel Cell (PEMFC) Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Proton Exchange Membrane Fuel Cell (PEMFC) industry. The key insights of the report:
1.The report provides key statistics on the market status of the Proton Exchange Membrane Fuel Cell (PEMFC) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2025 market development trends of Proton Exchange Membrane Fuel Cell (PEMFC) industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Proton Exchange Membrane Fuel Cell (PEMFC) Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Proton Exchange Membrane Fuel Cell (PEMFC) as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Proton Exchange Membrane Fuel Cell (PEMFC) market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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