Global $16.3 Billion PEMFC (Proton Exchange Membrane Fuel Cells) Market to 2027 with Short-term Impact of COVID-19 for 2020 and 2021

DUBLIN, Dec. 23, 2020 /PRNewswire/ -- The "PEMFC (Proton Exchange Membrane Fuel Cells) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global PEMFC (Proton Exchange Membrane Fuel Cells) Market to Reach $16.3 Billion by 2027

Amid the COVID-19 crisis, the global market for PEMFC (Proton Exchange Membrane Fuel Cells) estimated at US$4.6 Billion in the year 2020, is projected to reach a revised size of US$16.3 Billion by 2027, growing at a CAGR of 19.8% over the period 2020-2027.

The U. S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19% CAGR

The PEMFC (Proton Exchange Membrane Fuel Cells) market in the U. S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 19% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.7% and 17.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR.

The 97-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• PEMFC (Proton Exchange Membrane Fuel Cells) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

• Altergy Systems
• Ballard Power Systems, Inc.
• FKK Corporation
• FuelCell Energy, Inc.
• Horizon Fuel Cell Technologies Pte Ltd.
• Hydrogenics Corporation
• Johnson Matthey Fuel Cells
• Nedstack Fuel Cell Technology BV
• Nuvera Fuel Cells LLC
• Oorja Corporation
• Plug Power Inc.
• Protonex Technology Corporation
• RELiON Battery, LLC
• SerEnergy A/S
• Shanghai EverPower Technologies., Ltd.
• Toho Gas Co., Ltd.

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 49

For more information about this report visit https://www.researchandmarkets.com/r/l4iaa6

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