Global Proton Exchange Membrane Fuel Cells?PEMFC) Market Growth 2019-2024 – ResearchbyMarkets.com

Research By Markets adds Market Research Report - Global Proton Exchange Membrane Fuel Cells?PEMFC) Market Growth 2019-2024 – ResearchbyMarkets.com

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Proton-exchange membrane fuel cells, also known as polymer electrolyte membrane (PEM) fuel cells (PEMFC), are a type of fuel cell being developed mainly for transport applications, as well as for stationary fuel-cell applications and portable fuel-cell applications. Their distinguishing features include lower temperature/pressure ranges (50 to 100 °C) and a special proton-conducting polymer electrolyte membrane. PEMFCs generate electricity and operate on the opposite principle to PEM electrolysis, which consumes electricity. They are a leading candidate to replace the aging alkaline fuel-cell technology, which was used in the Space Shuttle.
The leading manufactures mainly are Ballard, Plug Power, Freudenberg Sealing Technologies, Hydrogenics and Sunrise Power. Ballard is the largest manufacturer; its revenue of global market exceeds 17% in 2018.
Geographically, the global Proton Exchange Membrane Fuel Cells(PEMFC) market has been segmented into North America, Europe, Japan, China, RoA and RoW. The North America held the largest share in the global market, its revenue of global market exceeds 33% in 2018. The next is Europe.

According to this study, over the next five years the Proton Exchange Membrane Fuel Cells?PEMFC) market will register a 15.2% CAGR in terms of revenue, the global market size will reach US$ 1199.1 million by 2024, from US$ 591.4 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Proton Exchange Membrane Fuel Cells?PEMFC) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Proton Exchange Membrane Fuel Cells?PEMFC) market by product type, application, key manufacturers and key regions and countries.

This study considers the Proton Exchange Membrane Fuel Cells?PEMFC) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Compressed Gaseous Hydrogen
Cryogenic Liquid Hydrogen
Hydrides
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Transportation
Stationary
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ballard
Plug Power
Freudenberg Sealing Technologies
Hydrogenics
Sunrise Power
Panasonic
Nedstack PEM Fuel Cells
Nuvera Fuel Cells
Altergy Systems
Shenli Hi-Tech
Horizon Fuel Cell Technologies

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Proton Exchange Membrane Fuel Cells?PEMFC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Proton Exchange Membrane Fuel Cells?PEMFC) market by identifying its various subsegments.
Focuses on the key global Proton Exchange Membrane Fuel Cells?PEMFC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Proton Exchange Membrane Fuel Cells?PEMFC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Proton Exchange Membrane Fuel Cells?PEMFC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.


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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via ritesh@researchbymarkets.com. *Market Research News is a part of Research By Markets.