The global Membrane Electrode Assemblies (MEA) market size is projected to reach USD 2.46 billion by 2029

• Global Membrane Electrode Assemblies (MEA) Market

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.

According to the new market research report “Global Membrane Electrode Assemblies (MEA) Market Report 2023-2029”, published by GIResearch, the global Membrane Electrode Assemblies (MEA) market size is projected to reach USD 2.46 billion by 2029, at a CAGR of 19.7% during the forecast period.

• Global Membrane Electrode Assemblies (MEA) MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Membrane Electrode Assemblies (MEA) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(MEA) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact GIResearch..

• Global Membrane Electrode Assemblies (MEA) Top16Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Source: GlobalInfoResearch, “Global Membrane Electrode Assemblies (MEA) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(MEA) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact GIResearch.

The global key manufacturers of Membrane Electrode Assemblies (MEA) include Hyundai Mobis, SinoHyKey Technology, Toyota, Johnson Matthey, Greenerity, Ballard, Gore, Hydrogine Technology, Tangfeng, Horizon, etc. In 2022, the global top five players had a share approximately 66.0% in terms of revenue.

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