According to a market report by Lucintel, the future of the global PEMFC (proton exchange membrane fuel cell) market looks promising with opportunities in the automotive, portable, and stationary markets. The global PEMFC (proton exchange membrane fuel cell) market is expected to reach an estimated $10.5 billion by 2030 from $4.2 billion in 2024, at a CAGR of 16.3% from 2024 to 2030. The major drivers for this market are increasing demand for clean energy, government support for PEMFC development, and technological advancements.
A more than 150-page report to understand trends, opportunity and forecast in PEMFC (proton exchange membrane fuel cell) market to 2030 by type (high temperature and low temperature), material (membrane electrode assembly, hardware, and others), application (automotive, portable, stationary, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, low temperature will remain the larger segment due to rising energy consumption and the expensive cost of grid • expansion.
Within the application category, automotive will remain the largest segment.
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In terms of regions, APAC is expected to witness highest growth over the forecast period.
Intelligent Energy, Plug Power, ITM Power, Ballard Power Systems, PowerCell Sweden, Cummins, AVL are the major suppliers in the PEMFC (proton exchange membrane fuel cell) market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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