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.
The global market for Membrane Electrode Assemblies (MEA) is estimated to increase from US$ 507 million in 2021 to reach US$ 2195.1 million by 2028, exhibiting a CAGR of 23.3% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global main manufacturers of membrane electrode assemblies (MEA) include Hyundai Mobis, Toyota, Johnson Matthey, SinoHyKey Technology, etc. The top four players hold a share about 68%. The global membrane electrode assemblies (MEA) are mainly produced in South Korea and Japan, they occupied for a share over 50%. Asia-Pacific is the largest market, has a share about 73%, followed by Europe and North America, with share 14% and 13%, separately.
Report Coverage
This latest report provides a deep insight into the global Membrane Electrode Assemblies (MEA) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Membrane Electrode Assemblies (MEA) market, with both quantitative and qualitative data, to help readers understand how the Membrane Electrode Assemblies (MEA) market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.
Market Segmentation:
The study segments the Membrane Electrode Assemblies (MEA) market and forecasts the market size by Type (5-layer MEA, 7-layer MEA and 3-layer MEA), by Application (Hydrogen Fuel Cells, Methanol Fuel Cells and Other,), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
5-layer MEA
7-layer MEA
3-layer MEA
Segmentation by application
Hydrogen Fuel Cells
Methanol Fuel Cells
Other
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Hyundai Mobis
Toyota
Johnson Matthey
SinoHyKey Technology
Ballard
Greenerity
Gore
Tangfeng
Horizon
Hydrogine Technology
WUT HyPower
Advent Technologies
IRD Fuel Cells
Honda
Sunrise
HyPlat
Chapter Introduction
Chapter 1: Scope of Membrane Electrode Assemblies (MEA), Research Methodology, etc.
Chapter 2: Executive Summary, global Membrane Electrode Assemblies (MEA) market size (sales and revenue) and CAGR, Membrane Electrode Assemblies (MEA) market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Membrane Electrode Assemblies (MEA) sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Membrane Electrode Assemblies (MEA) sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Membrane Electrode Assemblies (MEA) market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Hyundai Mobis, Toyota, Johnson Matthey, SinoHyKey Technology, Ballard, Greenerity, Gore, Tangfeng and Horizon, etc.
Chapter 14: Research Findings and Conclusion