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Global PEMFC (Proton Exchange Membrane Fuel Cells) Market 2015-2019

Global PEMFC (Proton Exchange Membrane Fuel Cells) Market 2015-2019

About PEMFC

PEMFC are devices that generate electricity through an electrochemical process involving oxidation of electrolytes placed between the anode and the cathode. Fuel cells are generally categorized based on the type of electrolyte used. PEMFC use an acidic water-based polymer membrane with platinum-based electrodes. It operates at low temperatures and caters effectively to dynamic power requirements. The chemical source of PEMFC, which is hydrogen, needs to be extremely pure because of its operating temperature and use of precious metal-based electrodes. PEMFC is a fuel-cell technology that is used extensively in light duty and material handling vehicles.

TechNavio's analysts forecast the global PEMFC market to grow at a CAGR of 26.67 in terms of unit shipment and at 19.74 percent in terms of MW shipment over the period 2014-2019.

Covered in this Report



TechNavio's report, Global PEMFC Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the forecast of the global PEMFC market and its growth prospects in the coming years. The report also includes segmentation on the basis of application and geography. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Ballard Power Systems
  • Fuelcell Energy
  • Hydrogenics
  • Plug Power
  • Protonex
Other Prominent Vendors
  • Altergy Systems
  • ElectroChem
  • FKK
  • Horizon Fuel Cell Technologies
  • Johnson Matthey Fuel Cells
  • Microgrid Solar
  • Nedstack PEM Fuel Cells
  • Nuvera Fuel Cells
  • Oorja Protonics
  • Relion
  • SerEnergy
  • Shanghai EverPower Technologies
  • Sunrise Power
  • Toho Gas
Market Driver
  • Abundant energy sources and emerging applications
  • For a full, detailed list, view our report
Market Challenge
  • Functional issues
  • For a full, detailed list, view our report
Market Trend
  • Increased investments in R&D
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global PEMFC Market 2015-2019

Technavio recognizes the following companies as the key players in the global PEMFC market: Ballard Power Systems, FuelCell Energy Inc., Hydrogenics Corp., Plug Power and Protonex Technology Corp.

Other Prominent Vendors in the market are: Altergy Systems, ElectroChem, FKK, Horizon Fuel Cell Technologies, Johnson Matthey Fuel Cells, Nedstack PEM Fuel Cells, Nuvera Fuel Cells, Oorja Protonics, SerEnergy, Shanghai EverPower Technologies and Sunrise Power

Commenting on the report, an analyst from Technavio’s team said: “Increased investment in R&D is a key trend influencing the market. Many universities and governmental organizations are engaged in research and demonstration projects of new technologies in the PEMFC industry.”

According to the report, abundant energy sources and emerging applications act as a major driver in the global PEMFC market. Hydrogen is used in stationary PEMFCs as a fuel as it is the lightest, most abundant element in the universe.

Further, the report states that functional issues related to PEMFC applications are a challenge hindering the growth of the global PEMFC market. Current compressor technologies are not suitable for PEMFC applications, which makes air management difficult.

Companies Mentioned

Ballard Power Systems, FuelCell Energy Inc, Hydrogenics Corp, Plug Power and Protonex Technology Corp, Altergy Systems, ElectroChem, FKK, Horizon Fuel Cell Technologies, Johnson Matthey Fuel Cells, Nedstack PEM Fuel Cells, Nuvera Fuel Cells, Oorja Protonics, SerEnergy, Shanghai EverPower Technologies, Sunrise Power

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Technological Evolution of Fuel Cell
    • Technological Overview
      • Overview of Fuel Cell Electrolyte Types
        • Table Overview of Fuel Cell Electrolyte Types
      • Comparison of Fuel Cell Technologies
        • Table Comparison of Fuel Cell Technologies
      • Description of Fuel Cell Applications
        • Table Description of Fuel Cell Applications
      • PEMFC
        • Table Schematic Diagram of PEMFC
      • Applications of PEMFC
    • Market Size and Forecast by Unit Shipments
      • Table Global PEMFC Market by Unit Shipments 2014-2019 (thousand units)
    • Market Size and Forecast by MW Shipments
      • Table Global PEMFC Market by MW Shipments 2014-2019
    • Five Forces Analysis
  • Market Segmentation by Application
    • Global PEMFC Market by Application 2014
      • Table Global PEMFC Market by Application 2014
    • Global PEMFC Market by Application 2019
      • Table Global PEMFC Market by Application 2019
    • Global PEMFC Market by Application (unit shipments) 2014-2019
    • Global PEMFC Market by Application (MW shipments) 2014-2019
    • Global PEMFC Market for Stationary Applications (Unit Shipments)
      • Market Size and Forecast
        • Table Global PEMFC Market for Stationary Applications 2014-2019 (thousand units)
    • Global PEMFC Market for Stationary Applications (MW Shipments)
      • Market Size and Forecast
        • Table Global PEMFC Market for Stationary Applications 2014-2019 (MW shipments)
    • Global PEMFC Market for Transportation Applications (Unit Shipments)
      • Market Size and Forecast
        • Table Global PEMFC Market for Transportation Applications 2014-2019 (Thousand Units)
    • Fuel Cell Transportation System Cost (Assuming High Volume Production)
      • Table PEMFC Transportation System Cost Trend 2014-2019 ($/kW)
    • Global PEMFC Market for Transportation Applications (MW Shipments)
      • Market Size and Forecast
        • Table Global PEMFC Market for Transportation Applications 2014-2019 (MW shipments)
    • Global PEMFC Market for Portable Applications (Unit Shipments)
      • Market Size and Forecast
        • Table Global PEMFC Market for Portable Applications 2014-2019 (thousand units)
    • Global PEMFC Market for Portable Applications (MW Shipments)
      • Market Size and Forecast
        • Table Global PEMFC Market for Portable Applications 2014-2019 (MW shipments)
  • Geographical Segmentation
    • Global PEMFC Market by Geographical Segmentation 2014
      • Table Global PEMFC Market by Geographical Segmentation 2014
    • Global PEMFC Market by Geographical Segmentation 2019
      • Table Global PEMFC Market by Geographical Segmentation 2019
    • Global PEMFC Market by Geographical Segmentation (Unit Shipments) 2014-2019
    • Global PEMFC Market by Geographical Segmentation (MW Shipments) 2014-2019
    • PEMFC Market in APAC by Unit Shipments
      • Market Size and Forecast
        • Table PEMFC Market in APAC by Unit Shipments 2014-2019 (thousand units)
    • PEMFC Market in APAC by MW Shipments
      • Market Size and Forecast
        • Table PEMFC Market in APAC by MW Shipments 2014-2019
    • PEMFC Market in EMEA by Unit Shipments
      • Market Size and Forecast
        • Table PEMFC Market in EMEA by Unit Shipments 2014-2019 (thousand units)
    • PEMFC Market in EMEA by MW Shipments
      • Market Size and Forecast
        • Table PEMFC Market in EMEA by MW Shipments 2014-2019
    • PEMFC Market in Americas by Unit Shipments
      • Market Size and Forecast
        • Table PEMFC Market in Americas by Unit Shipments 2014-2019 (thousand units)
    • PEMFC Market in Americas by MW Shipments
      • Market Size and Forecast
        • Table PEMFC Market in Americas by MW Shipments 2014-2019
  • Key Leading Countries
    • US
    • Germany
    • Japan
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Ballard
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Ballard : Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Ballard: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Ballard: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • FuelCell Energy
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table FuelCell Energy: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table FuelCell Energy: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table FuelCell Energy: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Hydrogenics
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Hydrogenics: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Hydrogenics: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Hydrogenics: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Plug Power
      • Key Facts
      • Business Overview
      • Products
        • Table Plug Power: Products
      • Geographical Segmentation by Revenue 2014
        • Table Plug Power : Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Protonex
      • Key Facts
      • Business Overview
      • Products
        • Table Aviation Market in the APAC 2015-2019: Products
      • SWOT Analysis
  • Other Reports in this Series

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