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Best Quality Stainless Steel 441 Sheet Supplier in India

Posted by Metal Supply Centre on December 11, 2023 at 7:56am 0 Comments

Metal Supply Centre is one of the Best Stainless Steel 441 Sheet Supplier in India. We supply SS 441 Sheets to various companies and localities. Numerous sectors, including gas, nuclear power, oil, and power plants, employ SS…


Presstonic Engineering IPO GMP Watch: Handling the Waves of Market Expectation

Posted by Informative Blogs on December 11, 2023 at 7:56am 0 Comments

Presstonic Engineering IPO GMP has opened for subscription today. The issue size is worth ₹23.30 crore and consists of a completely fresh issue of 3,236,800 equity shares. According to the latest news, the IPO has been subscribed 8.6 times on Day 1 of issue. The grey market…


Exploring the World of Vaping: Myle V5 Pods, Devices, and Beyond

Posted by geekstation on December 11, 2023 at 7:55am 0 Comments


The vaping industry has been on an unstoppable rise, offering a wide array of options and flavors to cater to different preferences. In this article, we will delve into the world of vaping products, with a particular focus on the Myle V5 pods and devices, as well as other popular choices like the Fummo King, Pod Salt Go, VGOD Pod, Tugboat Evo, Tugboat Ultra, and Elfbar.

Myle V5 Pods and Devices

Myle has been a prominent player in the vaping market,… Continue

Proton Exchange Membrane Fuel Cell Market – Industry Insights By Product And Application

The global Proton Exchange Membrane Fuel Cell Market size is expected to reach USD 13.85 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.1% from 2023 to 2030. The rising pressure across the globe to reduce carbon emissions through supporting energy safety is a factor supporting the growth of the PEMFC market. Government funding is being exchanged by business funding and which in turn displayed positive growth throughout the projected period. PEMFC is expected to emerge as the most dominant form of fuel cell owing to its ability to suit both transportation and stationary applications. It is a popular choice for transportation applications due to its unique characteristics that make it a suitable alternative to conventional power sources. Unlike other fuel cell technologies, PEMFCs can start quickly. This feature is crucial for applications in the transportation sector where quick startups are essential.

The market is likely to witness strategic alliances to expand end-user segments in emerging markets. Public-private partnerships are expected to be critical for attaining an economically viable technological shift. The introduction of sustainable technologies to replace the existing power generation technologies is anticipated to lead to high costs, which is projected to challenge the innovations carried out by key market players like Intelligent Energy Limited, Plug Power Inc., ITM Power PLC, Ballard Power Systems, PowerCell Sweden AB, Cummins Inc.

Related Press Release@ Proton Exchange Membrane Fuel Cell Market Report

Proton Exchange Membrane Fuel Cell Market Report Highlights

  • In terms of revenue, the portable segment accounted for a significant share of the market in 2022 and is further expected to witness steady growth over the forecast period
  • Asia Pacific region is projected to grow at a substantial rate throughout the forecast period. Japan is expected to account for the maximum share in the Asia-Pacific region
  • Automotive segment dominated the industry, accounting for 63.84% of total market revenue in 2022
  • High-temperature segment accounted for the largest share of 59.39% in the market in 2022
  • North America is likely to display a substantial growth rate during the projected period

Proton Exchange Membrane Fuel Cell Market Report Scope

Report Attribute


Market size value in 2023

USD 4.32 billion

Revenue forecast in 2030

USD 13.85 billion

Growth Rate

CAGR of 18.1% from 2023 to 2030

Base year for estimation


Historical data

2018 - 2021

Forecast period

2023 - 2030


Proton Exchange Membrane Fuel Cell Market Segmentation

Grand View Research has segmented the global proton exchange membrane fuel cell market based on application, material, type, and region:

Proton Exchange Membrane Fuel Cell (PEMFC) Type Outlook (Revenue, USD Million, 2018 - 2030)

  • High Temperature
  • Low Temperature

Proton Exchange Membrane Fuel Cell (PEMFC) Material Outlook (Revenue, USD Million, 2018 - 2030)

  • Membrane Electrode Assembly
  • Hardware
  • Others

Proton Exchange Membrane Fuel Cell (PEMFC) Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Automotive
  • Stationary
  • Portable
  • Others

Proton Exchange Membrane Fuel Cell (PEMFC) Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    •  Germany
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
  • Central and South America
    • Brazil
  • Middle East and Africa
    • South Africa

List of Key Players of the Proton Exchange Membrane Fuel Cell (PEMFC) Market

  • Intelligent Energy Limited
  • Plug Power Inc.
  • ITM Power PLC
  • Ballard Power Systems
  • PowerCell Sweden AB
  • Cummins Inc.
  • AVL
  • Nedstack Fuel Cell Technology BV
  • Horizon Fuel Cell Technologies
  • Altergy

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