Argentina Proton Exchange Membrane Fuel Cell Market Size & Outlook

The proton exchange membrane fuel cell market in Argentina is expected to reach a projected revenue of US$ 0.5 million by 2030. A compound annual growth rate of 16.1% is expected of Argentina proton exchange membrane fuel cell market from 2024 to 2030.
Revenue, 2023 (US$M)
$0.2
Forecast, 2030 (US$M)
$0.5
CAGR, 2024 - 2030
14%
Report Coverage
Argentina

Argentina proton exchange membrane fuel cell market, 2018-2030 (US$M)

Argentina

Argentina proton exchange membrane fuel cell market highlights

  • The Argentina proton exchange membrane fuel cell market generated a revenue of USD 0.2 million in 2023 and is expected to reach USD 0.5 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 16.1% from 2024 to 2030.
  • In terms of segment, automotive was the largest revenue generating application in 2023.
  • Automotive is the most lucrative application segment registering the fastest growth during the forecast period.

Proton exchange membrane fuel cell market data book summary

Market revenue in 2023USD 0.2 million
Market revenue in 2030USD 0.5 million
Growth rate16.1% (CAGR from 2023 to 2030)
Largest segmentAutomotive
Fastest growing segmentAutomotive
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAutomotive, Stationery
Key market players worldwidePlug Power Inc, ITM Power PLC, Ballard Power Systems Inc, PowerCell Sweden AB, Cummins Inc, Oxford Instruments PLC, Intelligent Energy, Australian Vanadium Ltd, FuelCell Energy Inc, Horizon Oil Ltd

Other key industry trends

  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil proton exchange membrane fuel cell market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 0.5 million by 2030.

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Proton Exchange Membrane Fuel Cell Market Companies

Name Profile # Employees HQ Website

Argentina proton exchange membrane fuel cell market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to proton exchange membrane fuel cell market will help companies and investors design strategic landscapes.


Automotive was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the Argentina proton exchange membrane fuel cell market based on automotive, stationery covering the revenue growth of each sub-segment from 2018 to 2030.


  • Argentina Proton Exchange Membrane Fuel Cell Application Outlook (Revenue, USD Million, 2018-2030)
    • Automotive
    • Stationery
    • Portable
    • Others
  • Argentina Proton Exchange Membrane Fuel Cell Type Outlook (Revenue, USD Million, 2018-2030)
    • High Temperature
    • Low Temperature
  • Argentina Proton Exchange Membrane Fuel Cell Material Outlook (Revenue, USD Million, 2018-2030)
    • Membrane Electrode Assembly
    • Hardware
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina proton exchange membrane fuel cell market , including forecasts for subscribers. This country databook contains high-level insights into Argentina proton exchange membrane fuel cell market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina proton exchange membrane fuel cell market size, by application, 2018-2030 (US$M)

Argentina Proton Exchange Membrane Fuel Cell Market Outlook Share, 2023 & 2030 (US$M)

Argentina proton exchange membrane fuel cell market size, by application, 2018-2030 (US$M)

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