PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1826627
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1826627
Membrane Electrode Assembly Market Growth, Size, Trends Analysis - By Component, By Application, By Product Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Membrane Electrode Assembly Market Introduction and Overview
According to SPER Market Research, 'Global Membrane Electrode Assembly Market Size - By Component, By Application, By Product Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Membrane Electrode Assembly Market is predicted to reach 15.96 billion by 2034 with a CAGR of 9.13%.
The Membrane Electrode Assembly (MEA) is the heart of proton exchange membrane fuel cells, enabling clean energy conversion through electrochemical reactions. Composed of a proton-conducting membrane sandwiched between catalyst layers and gas diffusion electrodes, MEAs generate electricity by combining hydrogen and oxygen - producing only water as a byproduct.
Restraints: The market for Membrane Electrode Assembly (MEA) is hampered by several significant factors. High production costs continue to be a major obstacle, mostly because of costly platinum-based catalysts and intricate manufacturing procedures. Technical difficulties include sensitivity to contaminants in hydrogen fuel and low durability under actual operating settings. Commercialisation is hampered by the absence of a comprehensive infrastructure for hydrogen refuelling, especially in transportation applications.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Component, By Application, By Product Type
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Ballard Power Systems, W. L. Gore & Associates, Inc, Danish Power Systems, BASF SE, Giner Inc, IRD Fuel Cells, Greenerity GmBH, Plug Power Inc, HyPlat Pty Ltd, Cummins Inc.
Global Membrane Electrode Assembly Market Segmentation:
By Component: Based on the Component, Global Membrane Electrode Assembly Market is segmented as; Membranes, Gas Diffusion Layers, Gaskets, Others.
By Product Type: Based on the Product Type, Global Membrane Electrode Assembly Market segmented as; 3-layer, 5-layer, 7-layer, Others.
By Application: Based on the Application, Global Membrane Electrode Assembly Market segmented as; Fuel Cell & Electrolyzer.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1.Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Membrane Electrode Assembly Market Manufacturing Base Distribution, Sales Area, Interface Type
- 6.2. Mergers & Acquisitions, Partnerships, Interface Launch, and Collaboration in Global Membrane Electrode Assembly Market
7. Global Membrane Electrode Assembly Market, By Component 2021-2034 (USD Million)
- 7.1. Membranes
- 7.2. Gas Diffusion Layers
- 7.3. Gaskets
- 7.4. Others
8. Global Membrane Electrode Assembly Market, By Product Type 2021-2034 (USD Million)
- 8.1. 3-layer
- 8.2. 5-layer
- 8.3. 7-layer
9. Global Membrane Electrode Assembly Market, By Application 2021-2034 (USD Million)
- 9.1. Fuel Cell
- 9.2. Electrolyzer
10. Global Membrane Electrode Assembly Market, 2021-2034 (USD Million)
- 10.1. Global Membrane Electrode Assembly Market, size and Market Share
11. Global Membrane Electrode Assembly Market, By Region, 2021-2034 (USD Million)
- 11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
- 11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
- 11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
- 11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
12. Company Profile
- 12.1. Ballard Power Systems
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Interface summary
- 12.1.4. Recent developments
- 12.2. W. L. Gore & Associates, Inc
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Interface summary
- 12.2.4. Recent developments
- 12.3. Danish Power Systems
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Interface summary
- 12.3.4. Recent developments
- 12.4. BASF SE
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Interface summary
- 12.4.4. Recent developments
- 12.5. Giner Inc
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Interface summary
- 12.5.4. Recent developments
- 12.6. IRD Fuel Cells
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Interface summary
- 12.6.4. Recent developments
- 12.7. Greenerity GmBH
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Interface summary
- 12.7.4. Recent developments
- 12.8. Plug Power Inc
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Interface summary
- 12.8.4. Recent developments
- 12.9. HyPlat Pty Ltd
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Interface summary
- 12.9.4. Recent developments
- 12.10. Cummins Inc
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Interface summary
- 12.10.4. Recent developments
- 12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
