Proton Exchange Membrane Fuel Cell (PEMFC) Market Poised to Expand at a Robust Pace Over 2021-2031 | Ballard Power Systems, Plug Power, Hydrogenics, Nuvera Fuel Cells, LLC

New York, 2022-Aug-12 — /EPR Network/ — According to a new market research report published by Global Insight Services “Proton Exchange Membrane Fuel Cell (PEMFC) Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

A Proton Exchange Membrane Fuel Cell (PEMFC) is a type of fuel cell that uses hydrogen and oxygen to produce electricity. PEMFCs are the most common type of fuel cell used in cars and other vehicles. PEMFCs work by passing hydrogen gas through a membrane. The hydrogen ions (protons) pass through the membrane and react with oxygen to produce water and electricity. The electrons produced by the reaction are used to power the vehicle.

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Key Trends

The Proton Exchange Membrane Fuel Cell (PEMFC) technology is a type of fuel cell that uses a proton-conducting membrane as the electrolyte. The PEMFC was first developed in the early 1900s, but it was not until the 1970s that it began to be used commercially.

PEMFCs are used in a variety of applications, including portable electronics, automotive, stationary power, and backup power. PEMFCs have a number of advantages over other types of fuel cells, including high power density, high efficiency, and low emissions.

PEMFCs are typically made with a thin film of proton-conducting polymer sandwiched between two electrodes. The electrodes are usually made of carbon, and the electrolyte is typically a thin film of proton-conducting polymer.

PEMFCs can operate at a wide range of temperatures, from -50°C to +100°C. They can also operate at a wide range of pressures, from atmospheric to 10 bar.

Key Drivers

The key drivers of the Proton Exchange Membrane Fuel Cell (PEMFC) market are the increasing demand for fuel cells, the need for clean energy, and government support for fuel cells.

Fuel cells are a clean and efficient way to generate electricity, and they are being increasingly used in a variety of applications, such as power generation, transportation, and portable electronics. Fuel cells offer many advantages over traditional combustion-based power generation technologies, including higher efficiency, lower emissions, and the ability to operate using a variety of fuels.

Market Segments

The Proton Exchange Membrane Fuel Cell (PEMFC) Market is segmented by type, application, and region. By type, the market is divided into low-temperature proton exchange membrane fuel cell, high-temperature proton exchange membrane fuel cell. Based on application, it is bifurcated into transport & battery replacement, transportation, residential power generation, and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Proton Exchange Membrane Fuel Cell (PEMFC) Market includes players such as Ballard Power Systems, Plug Power, Hydrogenics, Nuvera Fuel Cells, LLC, Horizon Fuel Cell Technologies, Nedstack Fuel Cell Technology, ITM Power, ElringKlinger, Intelligent Energy, and W.L. Gore & Associates.

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Reasons to buy Proton Exchange Membrane Fuel Cell (PEMFC) Market Report:

• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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