Polymer Electrolyte Membrane (PEM) Fuel Cell Market By Share, Size and Forecast 2028 | Techsci Research

Global Polymer Electrolyte Membrane (PEM) Fuel Cell Market has valued at USD 2.74 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 16.25 % through 2028. The Polymer Electrolyte Membrane (PEM) Fuel Cell Market refers to the global industry involved in the research, development, manufacturing, and deployment of PEM fuel cell systems and related components. PEM fuel cells are a type of electrochemical device that generate electricity through the reaction of hydrogen and oxygen, with the aid of a polymer electrolyte membrane. These fuel cells are known for their high energy efficiency, low emissions, and ability to provide clean and reliable power for various applications.

Key Market Players

Ballard Power System
Plug Power
Bloom Energy
FuelCell Energy
Hydrogenics (now part of Cummins Inc.)
Nuvera Fuel Cells
Doosan Fuel Cell America
Nel Hydrogen
Advent Technologies
SFC Energy
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