The Membrane Electrode Assembly (MEA) is the core component of a fuel cell that helps produce the electrochemical reaction needed to separate electrons. On the anode side of the MEA, a fuel (hydrogen, methanol etc.) diffuses through the membrane and is met on the cathode end by an oxidant (oxygen or air) which bonds with the fuel and receives the electrons that were separated from the fuel. Catalysts on each side enable reactions and the membrane allows protons to pass through while keeping the gases separate. In this way cell potential is maintained and current is drawn from the cell producing electricity.
This report aims to provide a comprehensive presentation of the global market for Membrane Electrode Assemblies (MEA) study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Membrane Electrode Assemblies (MEA) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Membrane Electrode Assemblies (MEA) Market Sales, 2017-2022, 2023-2028, (K Unit)
Global top five Membrane Electrode Assemblies (MEA) companies in 2021 (%)
The global Membrane Electrode Assemblies (MEA) market was valued at 528.3 million in 2021 and is projected to reach US$ 1887 million by 2028, at a CAGR of 19.9% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
5-layer MEA Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Membrane Electrode Assemblies (MEA) include Hyundai Mobis, Toyota, Johnson Matthey, SinoHyKey Technology, Ballard, Greenerity, Gore, Tangfeng and Horizon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Membrane Electrode Assemblies (MEA) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Membrane Electrode Assemblies (MEA) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Unit)
Global Membrane Electrode Assemblies (MEA) Market Segment Percentages, by Type, 2021 (%)
5-layer MEA
7-layer MEA
3-layer MEA
Global Membrane Electrode Assemblies (MEA) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Unit)
Global Membrane Electrode Assemblies (MEA) Market Segment Percentages, by Application, 2021 (%)
Hydrogen Fuel Cells
Methanol Fuel Cells
Other
Global Membrane Electrode Assemblies (MEA) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Unit)
Global Membrane Electrode Assemblies (MEA) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Membrane Electrode Assemblies (MEA) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Membrane Electrode Assemblies (MEA) revenues share in global market, 2021 (%)
Key companies Membrane Electrode Assemblies (MEA) sales in global market, 2017-2022 (Estimated), (K Unit)
Key companies Membrane Electrode Assemblies (MEA) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hyundai Mobis
Toyota
Johnson Matthey
SinoHyKey Technology
Ballard
Greenerity
Gore
Tangfeng
Horizon
Hydrogine Technology
WUT HyPower
Advent Technologies
IRD Fuel Cells
Honda
Sunrise
HyPlat
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Membrane Electrode Assemblies (MEA) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Membrane Electrode Assemblies (MEA) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Membrane Electrode Assemblies (MEA) Overall Market Size
2.1 Global Membrane Electrode Assemblies (MEA) Market Size: 2021 VS 2028
2.2 Global Membrane Electrode Assemblies (MEA) Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Membrane Electrode Assemblies (MEA) Sales: 2017-2028
3 Company Landscape
3.1 Top Membrane Electrode Assemblies (MEA) Players in Global Market
3.2 Top Global Membrane Electrode Assemblies (MEA) Companies Ranked by Revenue
3.3 Global Membrane Electrode Assemblies (MEA) Revenue by Companies
3.4 Global Membrane Electrode Assemblies (MEA) Sales by Companies
3.5 Global Membrane Electrode Assemblies (MEA) Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Membrane Electrode Assemblies (MEA) Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Membrane Electrode Assemblies (MEA) Product Type
3.8 Tier 1, Tier 2 and Tier 3 Membrane Electrode Assemblies (MEA) Players in Global Market
3.8.1 List of Global Tier 1 Membrane Electrode Assemblies (MEA) Companies
3.8.2 List of Global Tier 2 and Tier 3 Membrane Electrode Assemblies (MEA) Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Membrane Electrode Assemblies (MEA) Market Size Markets, 2021 & 2028
4.1.2 5-layer MEA
4.1.3 7-layer MEA
4.1.4 3-layer MEA
4.2 By Type - Global Membrane Electrode Assemblies (MEA) Revenue & Forecasts
4.2.1 By Type - Global Membrane Electrode Assemblies (MEA) Revenue, 2017-2022
4.2.2 By Type - Global Membrane Electrode Assemblies (MEA) Revenue, 2023-2028
4.2.3 By Type - Global Membrane Electrode Assemblies (MEA) Revenue Market Share, 2017-2028
4.3 By Type - Global Membrane Electrode Assemblies (MEA) Sales & Forecasts
4.3.1 By Type - Global Membrane Electrode Assemblies (MEA) Sales, 2017-2022
4.3.2 By Type - Global Membrane Electrode Assemblies (MEA) Sales, 2023-2028
4.3.3 By Type - Global Membrane Electrode Assemblies (MEA) Sales Market Share, 2017-2028
4.4 By Type - Global Membrane Electrode Assemblies (MEA) Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Membrane Electrode Assemblies (MEA) Market Size, 2021 & 2028
5.1.2 Hydrogen Fuel Cells
5.1.3 Methanol Fuel Cells
5.1.4 Other
5.2 By Application - Global Membrane Electrode Assemblies (MEA) Revenue & Forecasts
5.2.1 By Application - Global Membrane Electrode Assemblies (MEA) Revenue, 2017-2022
5.2.2 By Application - Global Membrane Electrode Assemblies (MEA) Revenue, 2023-2028
5.2.3 By Application - Global Membrane Electrode Assemblies (MEA) Revenue Market Share, 2017-2028
5.3 By Application - Global Membrane Electrode Assemblies (MEA) Sales & Forecasts
5.3.1 By Application - Global Membrane Electrode Assemblies (MEA) Sales, 2017-2022
5.3.2 By Application - Global Membrane Electrode Assemblies (MEA) Sales, 2023-2028
5.3.3 By Application - Global Membrane Electrode Assemblies (MEA) Sales Market Share, 2017-2028
5.4 By Application - Global Membrane Electrode Assemblies (MEA) Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Membrane Electrode Assemblies (MEA) Market Size, 2021 & 2028
6.2 By Region - Global Membrane Electrode Assemblies (MEA) Revenue & Forecasts
6.2.1 By Region - Global Membrane Electrode Assemblies (MEA) Revenue, 2017-2022
6.2.2 By Region - Global Membrane Electrode Assemblies (MEA) Revenue, 2023-2028
6.2.3 By Region - Global Membrane Electrode Assemblies (MEA) Revenue Market Share, 2017-2028
6.3 By Region - Global Membrane Electrode Assemblies (MEA) Sales & Forecasts
6.3.1 By Region - Global Membrane Electrode Assemblies (MEA) Sales, 2017-2022
6.3.2 By Region - Global Membrane Electrode Assemblies (MEA) Sales, 2023-2028
6.3.3 By Region - Global Membrane Electrode Assemblies (MEA) Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Membrane Electrode Assemblies (MEA) Revenue, 2017-2028
6.4.2 By Country - North America Membrane Electrode Assemblies (MEA) Sales, 2017-2028
6.4.3 US Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.4.4 Canada Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.4.5 Mexico Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Membrane Electrode Assemblies (MEA) Revenue, 2017-2028
6.5.2 By Country - Europe Membrane Electrode Assemblies (MEA) Sales, 2017-2028
6.5.3 Germany Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.5.4 France Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.5.5 U.K. Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.5.6 Italy Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.5.7 Russia Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.5.8 Nordic Countries Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.5.9 Benelux Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Membrane Electrode Assemblies (MEA) Revenue, 2017-2028
6.6.2 By Region - Asia Membrane Electrode Assemblies (MEA) Sales, 2017-2028
6.6.3 China Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.6.4 Japan Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.6.5 South Korea Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.6.6 Southeast Asia Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.6.7 India Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Membrane Electrode Assemblies (MEA) Revenue, 2017-2028
6.7.2 By Country - South America Membrane Electrode Assemblies (MEA) Sales, 2017-2028
6.7.3 Brazil Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.7.4 Argentina Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Membrane Electrode Assemblies (MEA) Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Membrane Electrode Assemblies (MEA) Sales, 2017-2028
6.8.3 Turkey Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.8.4 Israel Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.8.5 Saudi Arabia Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
6.8.6 UAE Membrane Electrode Assemblies (MEA) Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Hyundai Mobis
7.1.1 Hyundai Mobis Corporate Summary
7.1.2 Hyundai Mobis Business Overview
7.1.3 Hyundai Mobis Membrane Electrode Assemblies (MEA) Major Product Offerings
7.1.4 Hyundai Mobis Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.1.5 Hyundai Mobis Key News
7.2 Toyota
7.2.1 Toyota Corporate Summary
7.2.2 Toyota Business Overview
7.2.3 Toyota Membrane Electrode Assemblies (MEA) Major Product Offerings
7.2.4 Toyota Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.2.5 Toyota Key News
7.3 Johnson Matthey
7.3.1 Johnson Matthey Corporate Summary
7.3.2 Johnson Matthey Business Overview
7.3.3 Johnson Matthey Membrane Electrode Assemblies (MEA) Major Product Offerings
7.3.4 Johnson Matthey Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.3.5 Johnson Matthey Key News
7.4 SinoHyKey Technology
7.4.1 SinoHyKey Technology Corporate Summary
7.4.2 SinoHyKey Technology Business Overview
7.4.3 SinoHyKey Technology Membrane Electrode Assemblies (MEA) Major Product Offerings
7.4.4 SinoHyKey Technology Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.4.5 SinoHyKey Technology Key News
7.5 Ballard
7.5.1 Ballard Corporate Summary
7.5.2 Ballard Business Overview
7.5.3 Ballard Membrane Electrode Assemblies (MEA) Major Product Offerings
7.5.4 Ballard Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.5.5 Ballard Key News
7.6 Greenerity
7.6.1 Greenerity Corporate Summary
7.6.2 Greenerity Business Overview
7.6.3 Greenerity Membrane Electrode Assemblies (MEA) Major Product Offerings
7.6.4 Greenerity Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.6.5 Greenerity Key News
7.7 Gore
7.7.1 Gore Corporate Summary
7.7.2 Gore Business Overview
7.7.3 Gore Membrane Electrode Assemblies (MEA) Major Product Offerings
7.7.4 Gore Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.7.5 Gore Key News
7.8 Tangfeng
7.8.1 Tangfeng Corporate Summary
7.8.2 Tangfeng Business Overview
7.8.3 Tangfeng Membrane Electrode Assemblies (MEA) Major Product Offerings
7.8.4 Tangfeng Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.8.5 Tangfeng Key News
7.9 Horizon
7.9.1 Horizon Corporate Summary
7.9.2 Horizon Business Overview
7.9.3 Horizon Membrane Electrode Assemblies (MEA) Major Product Offerings
7.9.4 Horizon Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.9.5 Horizon Key News
7.10 Hydrogine Technology
7.10.1 Hydrogine Technology Corporate Summary
7.10.2 Hydrogine Technology Business Overview
7.10.3 Hydrogine Technology Membrane Electrode Assemblies (MEA) Major Product Offerings
7.10.4 Hydrogine Technology Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.10.5 Hydrogine Technology Key News
7.11 WUT HyPower
7.11.1 WUT HyPower Corporate Summary
7.11.2 WUT HyPower Membrane Electrode Assemblies (MEA) Business Overview
7.11.3 WUT HyPower Membrane Electrode Assemblies (MEA) Major Product Offerings
7.11.4 WUT HyPower Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.11.5 WUT HyPower Key News
7.12 Advent Technologies
7.12.1 Advent Technologies Corporate Summary
7.12.2 Advent Technologies Membrane Electrode Assemblies (MEA) Business Overview
7.12.3 Advent Technologies Membrane Electrode Assemblies (MEA) Major Product Offerings
7.12.4 Advent Technologies Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.12.5 Advent Technologies Key News
7.13 IRD Fuel Cells
7.13.1 IRD Fuel Cells Corporate Summary
7.13.2 IRD Fuel Cells Membrane Electrode Assemblies (MEA) Business Overview
7.13.3 IRD Fuel Cells Membrane Electrode Assemblies (MEA) Major Product Offerings
7.13.4 IRD Fuel Cells Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.13.5 IRD Fuel Cells Key News
7.14 Honda
7.14.1 Honda Corporate Summary
7.14.2 Honda Business Overview
7.14.3 Honda Membrane Electrode Assemblies (MEA) Major Product Offerings
7.14.4 Honda Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.14.5 Honda Key News
7.15 Sunrise
7.15.1 Sunrise Corporate Summary
7.15.2 Sunrise Business Overview
7.15.3 Sunrise Membrane Electrode Assemblies (MEA) Major Product Offerings
7.15.4 Sunrise Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.15.5 Sunrise Key News
7.16 HyPlat
7.16.1 HyPlat Corporate Summary
7.16.2 HyPlat Business Overview
7.16.3 HyPlat Membrane Electrode Assemblies (MEA) Major Product Offerings
7.16.4 HyPlat Membrane Electrode Assemblies (MEA) Sales and Revenue in Global (2017-2022)
7.16.5 HyPlat Key News
8 Global Membrane Electrode Assemblies (MEA) Production Capacity, Analysis
8.1 Global Membrane Electrode Assemblies (MEA) Production Capacity, 2017-2028
8.2 Membrane Electrode Assemblies (MEA) Production Capacity of Key Manufacturers in Global Market
8.3 Global Membrane Electrode Assemblies (MEA) Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Membrane Electrode Assemblies (MEA) Supply Chain Analysis
10.1 Membrane Electrode Assemblies (MEA) Industry Value Chain
10.2 Membrane Electrode Assemblies (MEA) Upstream Market
10.3 Membrane Electrode Assemblies (MEA) Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Membrane Electrode Assemblies (MEA) Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
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