List of Tables
Table 1. Global PEM Fuel Cells Market Value by Type (US$ Million), 2025 vs 2032
Table 2. Global PEM Fuel Cells Market Value by Application (US$ Million), 2025 vs 2032
Table 3. Global PEM Fuel Cells Production Capacity (K Units) by Manufacturers in 2025
Table 4. Global PEM Fuel Cells Production by Manufacturers (K Units), 2021–2026
Table 5. Global PEM Fuel Cells Production Market Share by Manufacturers (2021–2026)
Table 6. Global PEM Fuel Cells Production Value by Manufacturers (US$ Million), 2021–2026
Table 7. Global PEM Fuel Cells Production Value Share by Manufacturers (2021–2026)
Table 8. Global Key Players of PEM Fuel Cells, Industry Ranking, 2024 vs 2025
Table 9. Classification of Companies by Tier (Tier 1, Tier 2, Tier 3), based on PEM Fuel Cells Production Value, 2025
Table 10. Global Market PEM Fuel Cells Average Price by Manufacturers (US$/Unit), 2021–2026
Table 11. Global Key Manufacturers of PEM Fuel Cells, Manufacturing Footprints and Headquarters
Table 12. Global Key Manufacturers of PEM Fuel Cells, Product Offerings and Applications
Table 13. Global Key Manufacturers of PEM Fuel Cells, Date of Entry into the Industry
Table 14. Global PEM Fuel Cells Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions and Expansion Plans
Table 16. Global PEM Fuel Cells Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)
Table 17. Global PEM Fuel Cells Production Value (US$ Million) by Region (2021–2026)
Table 18. Global PEM Fuel Cells Production Value Market Share by Region (2021–2026)
Table 19. Global PEM Fuel Cells Production Value (US$ Million) Forecast by Region (2027–2032)
Table 20. Global PEM Fuel Cells Production Value Market Share Forecast by Region (2027–2032)
Table 21. Global PEM Fuel Cells Production Comparison by Region: 2021 vs 2025 vs 2032 (K Units)
Table 22. Global PEM Fuel Cells Production (K Units) by Region (2021–2026)
Table 23. Global PEM Fuel Cells Production Market Share by Region (2021–2026)
Table 24. Global PEM Fuel Cells Production (K Units) Forecast by Region (2027–2032)
Table 25. Global PEM Fuel Cells Production Market Share Forecast by Region (2027–2032)
Table 26. Global PEM Fuel Cells Market Average Price (US$/Unit) by Region (2021–2026)
Table 27. Global PEM Fuel Cells Market Average Price (US$/Unit) by Region (2027–2032)
Table 28. Global PEM Fuel Cells Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K Units)
Table 29. Global PEM Fuel Cells Consumption by Region (K Units), 2021–2026
Table 30. Global PEM Fuel Cells Consumption Market Share by Region (2021–2026)
Table 31. Global PEM Fuel Cells Forecasted Consumption by Region (K Units), 2027–2032
Table 32. Global PEM Fuel Cells Forecasted Consumption Market Share by Region (2027–2032)
Table 33. North America PEM Fuel Cells Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K Units)
Table 34. North America PEM Fuel Cells Consumption by Country (K Units), 2021–2026
Table 35. North America PEM Fuel Cells Consumption by Country (K Units), 2027–2032
Table 36. Europe PEM Fuel Cells Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K Units)
Table 37. Europe PEM Fuel Cells Consumption by Country (K Units), 2021–2026
Table 38. Europe PEM Fuel Cells Consumption by Country (K Units), 2027–2032
Table 39. Asia Pacific PEM Fuel Cells Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K Units)
Table 40. Asia Pacific PEM Fuel Cells Consumption by Region (K Units), 2021–2026
Table 41. Asia Pacific PEM Fuel Cells Consumption by Region (K Units), 2027–2032
Table 42. Latin America, Middle East & Africa PEM Fuel Cells Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K Units)
Table 43. Latin America, Middle East & Africa PEM Fuel Cells Consumption by Country (K Units), 2021–2026
Table 44. Latin America, Middle East & Africa PEM Fuel Cells Consumption by Country (K Units), 2027–2032
Table 45. Global PEM Fuel Cells Production (K Units) by Type (2021–2026)
Table 46. Global PEM Fuel Cells Production (K Units) by Type (2027–2032)
Table 47. Global PEM Fuel Cells Production Market Share by Type (2021–2026)
Table 48. Global PEM Fuel Cells Production Market Share by Type (2027–2032)
Table 49. Global PEM Fuel Cells Production Value (US$ Million) by Type (2021–2026)
Table 50. Global PEM Fuel Cells Production Value (US$ Million) by Type (2027–2032)
Table 51. Global PEM Fuel Cells Production Value Market Share by Type (2021–2026)
Table 52. Global PEM Fuel Cells Production Value Market Share by Type (2027–2032)
Table 53. Global PEM Fuel Cells Price (US$/Unit) by Type (2021–2026)
Table 54. Global PEM Fuel Cells Price (US$/Unit) by Type (2027–2032)
Table 55. Global PEM Fuel Cells Production (K Units) by Application (2021–2026)
Table 56. Global PEM Fuel Cells Production (K Units) by Application (2027–2032)
Table 57. Global PEM Fuel Cells Production Market Share by Application (2021–2026)
Table 58. Global PEM Fuel Cells Production Market Share by Application (2027–2032)
Table 59. Global PEM Fuel Cells Production Value (US$ Million) by Application (2021–2026)
Table 60. Global PEM Fuel Cells Production Value (US$ Million) by Application (2027–2032)
Table 61. Global PEM Fuel Cells Production Value Market Share by Application (2021–2026)
Table 62. Global PEM Fuel Cells Production Value Market Share by Application (2027–2032)
Table 63. Global PEM Fuel Cells Price (US$/Unit) by Application (2021–2026)
Table 64. Global PEM Fuel Cells Price (US$/Unit) by Application (2027–2032)
Table 65. Cummins Inc. PEM Fuel Cells Company Information
Table 66. Cummins Inc. PEM Fuel Cells Specification and Application
Table 67. Cummins Inc. PEM Fuel Cells Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 68. Cummins Inc. Main Business and Markets Served
Table 69. Cummins Inc. Recent Developments/Updates
Table 70. Bramble Energy PEM Fuel Cells Company Information
Table 71. Bramble Energy PEM Fuel Cells Specification and Application
Table 72. Bramble Energy PEM Fuel Cells Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 73. Bramble Energy Main Business and Markets Served
Table 74. Bramble Energy Recent Developments/Updates
Table 75. Toshiba Corporation PEM Fuel Cells Company Information
Table 76. Toshiba Corporation PEM Fuel Cells Specification and Application
Table 77. Toshiba Corporation PEM Fuel Cells Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 78. Toshiba Corporation Main Business and Markets Served
Table 79. Toshiba Corporation Recent Developments/Updates
Table 80. Ballard Power Systems PEM Fuel Cells Company Information
Table 81. Ballard Power Systems PEM Fuel Cells Specification and Application
Table 82. Ballard Power Systems PEM Fuel Cells Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 83. Ballard Power Systems Main Business and Markets Served
Table 84. Ballard Power Systems Recent Developments/Updates
Table 85. Plug Power Inc. PEM Fuel Cells Company Information
Table 86. Plug Power Inc. PEM Fuel Cells Specification and Application
Table 87. Plug Power Inc. PEM Fuel Cells Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 88. Plug Power Inc. Main Business and Markets Served
Table 89. Plug Power Inc. Recent Developments/Updates
Table 90. ITM Power PLC PEM Fuel Cells Company Information
Table 91. ITM Power PLC PEM Fuel Cells Specification and Application
Table 92. ITM Power PLC PEM Fuel Cells Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 93. ITM Power PLC Main Business and Markets Served
Table 94. ITM Power PLC Recent Developments/Updates
Table 95. Powercell Sweden AB PEM Fuel Cells Company Information
Table 96. Powercell Sweden AB PEM Fuel Cells Specification and Application
Table 97. Powercell Sweden AB PEM Fuel Cells Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 98. Powercell Sweden AB Main Business and Markets Served
Table 99. Powercell Sweden AB Recent Developments/Updates
Table 100. Intelligent Energy Limited PEM Fuel Cells Company Information
Table 101. Intelligent Energy Limited PEM Fuel Cells Specification and Application
Table 102. Intelligent Energy Limited PEM Fuel Cells Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 103. Intelligent Energy Limited Main Business and Markets Served
Table 104. Intelligent Energy Limited Recent Developments/Updates
Table 105. Key Raw Materials Lists
Table 106. Raw Materials Key Suppliers Lists
Table 107. PEM Fuel Cells Distributors List
Table 108. PEM Fuel Cells Customers List
Table 109. PEM Fuel Cells Market Trends
Table 110. PEM Fuel Cells Market Drivers
Table 111. PEM Fuel Cells Market Challenges
Table 112. PEM Fuel Cells Market Restraints
Table 113. Research Programs/Design for This Report
Table 114. Key Data Information from Secondary Sources
Table 115. Key Data Information from Primary Sources
Table 116. Authors List of This Report
List of Figures
Figure 1. Product Picture of PEM Fuel Cells
Figure 2. Global PEM Fuel Cells Market Value by Type (US$ Million), 2021–2032
Figure 3. Global PEM Fuel Cells Market Share by Type: 2025 vs 2032
Figure 4. Low Temperature PEM Fuel Cell Product Picture
Figure 5. High Temperature PEM Fuel Cell Product Picture
Figure 6. Global PEM Fuel Cells Market Value by Application (US$ Million), 2021–2032
Figure 7. Global PEM Fuel Cells Market Share by Application: 2025 vs 2032
Figure 8. Industrial
Figure 9. Automotive and Transportation
Figure 10. Energy and Power
Figure 11. Logistics and Transportation
Figure 12. Aerospace
Figure 13. Chemical
Figure 14. Other
Figure 15. Global PEM Fuel Cells Production Value (US$ Million), 2021 vs 2025 vs 2032
Figure 16. Global PEM Fuel Cells Production Value (US$ Million), 2021–2032
Figure 17. Global PEM Fuel Cells Production Capacity (K Units), 2021–2032
Figure 18. Global PEM Fuel Cells Production (K Units), 2021–2032
Figure 19. Global PEM Fuel Cells Average Price (US$/Unit), 2021–2032
Figure 20. PEM Fuel Cells Report Years Considered
Figure 21. PEM Fuel Cells Production Share by Manufacturers in 2025
Figure 22. Global PEM Fuel Cells Production Value Share by Manufacturers (2025)
Figure 23. PEM Fuel Cells Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
Figure 24. Top 5 and Top 10 Global Players: Market Share by PEM Fuel Cells Revenue in 2025
Figure 25. Global PEM Fuel Cells Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)
Figure 26. Global PEM Fuel Cells Production Value Market Share by Region: 2021 vs 2025 vs 2032
Figure 27. Global PEM Fuel Cells Production Comparison by Region: 2021 vs 2025 vs 2032 (K Units)
Figure 28. Global PEM Fuel Cells Production Market Share by Region: 2021 vs 2025 vs 2032
Figure 29. North America PEM Fuel Cells Production Value (US$ Million) Growth Rate (2021–2032)
Figure 30. Europe PEM Fuel Cells Production Value (US$ Million) Growth Rate (2021–2032)
Figure 31. China PEM Fuel Cells Production Value (US$ Million) Growth Rate (2021–2032)
Figure 32. Japan PEM Fuel Cells Production Value (US$ Million) Growth Rate (2021–2032)
Figure 33. Global PEM Fuel Cells Consumption by Region: 2021 vs 2025 vs 2032 (K Units)
Figure 34. Global PEM Fuel Cells Consumption Market Share by Region: 2021 vs 2025 vs 2032
Figure 35. North America PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 36. North America PEM Fuel Cells Consumption Market Share by Country (2021–2032)
Figure 37. U.S. PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 38. Canada PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 39. Europe PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 40. Europe PEM Fuel Cells Consumption Market Share by Country (2021–2032)
Figure 41. Germany PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 42. France PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 43. U.K. PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 44. Italy PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 45. Russia PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 46. Asia Pacific PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 47. Asia Pacific PEM Fuel Cells Consumption Market Share by Region (2021–2032)
Figure 48. China PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 49. Japan PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 50. South Korea PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 51. China Taiwan PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 52. Southeast Asia PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 53. India PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 54. Latin America, Middle East & Africa PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 55. Latin America, Middle East & Africa PEM Fuel Cells Consumption Market Share by Country (2021–2032)
Figure 56. Mexico PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 57. Brazil PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 58. Turkey PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 59. GCC Countries PEM Fuel Cells Consumption and Growth Rate (K Units), 2021–2032
Figure 60. Global Production Market Share of PEM Fuel Cells by Type (2021–2032)
Figure 61. Global Production Value Market Share of PEM Fuel Cells by Type (2021–2032)
Figure 62. Global PEM Fuel Cells Price (US$/Unit) by Type (2021–2032)
Figure 63. Global Production Market Share of PEM Fuel Cells by Application (2021–2032)
Figure 64. Global Production Value Market Share of PEM Fuel Cells by Application (2021–2032)
Figure 65. Global PEM Fuel Cells Price (US$/Unit) by Application (2021–2032)
Figure 66. PEM Fuel Cells Value Chain
Figure 67. Channels of Distribution (Direct Vs Distribution)
Figure 68. Bottom-up and Top-down Approaches for This Report
Figure 69. Data Triangulation
