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North America Proton Exchange Membrane (PEM) Fuel Cell Market Share

Report ID: GMI8699
Published Date: Mar 2024
Report Format: PDF

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North America PEM Fuel Cell Market Share

North America PEM Fuel Cell Company Market Share

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North America PEM Fuel Cell Market Companies

Eminent players operating in the Norh America PEM Fuel Cell industry include:

Air Liquide Energies
Ballard Power Systems
Cummins Inc.
Hyundai Motor Company
NUVERA FUEL CELLS, LLC.
Panasonic Corporation
PLUG POWER INC.
Robert Bosch LLC.
SFC Energy AG
TW Horizon Fuel Cell Technologies

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of North America PEM fuel cell was reached USD 902.1 million in 2023 and is anticipated to witness 8.7% CAGR up to 2032, due to the importance of converting the chemical energy stored in hydrogen fuel directly into electrical energy, with water and heat as the byproducts.

North America PEM fuel cell market size from the stationary application is anticipated to exceed USD 196 million by 2032, owing to growing utilization for backup power in critical infrastructure, comprising of telecommunications towers, data centers, and emergency response facilities.

U.S. PEM fuel cell industry is anticipated reach a revenue of USD 1.73 billion by 2032 owing to supportive government policies and increasing demand for clean and sustainable energy solutions.

Some of the eminent PEM fuel cell firms in Norh America include Air Liquide Energies, Ballard Power Systems, Cummins Inc., Hyundai Motor Company, NUVERA FUEL CELLS, LLC., Panasonic Corporation, PLUG POWER INC., Robert Bosch LLC., SFC Energy AG and TW Horizon Fuel Cell Technologies