Global Market Size Of Membrane Electrode Assemblies Is About 248 M USD In 2017
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According to GLOBAL INFO RESEARCH, the global market size of Membrane Electrode Assemblies is about 248 M USD in 2017 and the market will reach to 1000 M USD in 2025 with CAGR about 19%.
The global sales of Membrane Electrode Assemblies is about 415 MW in 2017; North America is the largest consumption region in 2017, the sales volume is about 179 MW; Europe is also the second largest consumption region in 2017, the sales volume is about 111 MW, the market share is about 27%;
The average price of Membrane Electrode Assemblies is about 597 USD per KW in 2017, the average gross margin is about 30%, the price shows down trend and the gross margin has the similar trend;
In the future, with the development of technology and improvement of economic level, and the stable demand in fuel cell industry, the Membrane Electrode Assemblies will have great increase range; the developing countries will be high growth rate market.
Key manufacturers in these regions are 3M, Chemours (Dupont), Gore, Johnson Matthey, Ballard, Greenerity, etc. 3M is the largest player with market share of 18% followed by Chemours (Dupont) sharing 15% of the market. In the future, more and more companies will enter the market.