Australia Proton Exchange Membrane Fuel Cell Market Size & Outlook

The proton exchange membrane fuel cell market in Australia is expected to reach a projected revenue of US$ 54.9 million by 2030. A compound annual growth rate of 34.6% is expected of Australia proton exchange membrane fuel cell market from 2024 to 2030.
Revenue, 2023 (US$M)
$6.8
Forecast, 2030 (US$M)
$54.9
CAGR, 2024 - 2030
34.8%
Report Coverage
Australia

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

Australia

Australia proton exchange membrane fuel cell market highlights

  • The Australia proton exchange membrane fuel cell market generated a revenue of USD 6.8 million in 2023 and is expected to reach USD 54.9 million by 2030.
  • The Australia market is expected to grow at a CAGR of 34.6% from 2024 to 2030.
  • In terms of segment, automotive was the largest revenue generating application in 2023.
  • Portable 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 6.8 million
Market revenue in 2030USD 54.9 million
Growth rate34.6% (CAGR from 2023 to 2030)
Largest segmentAutomotive
Fastest growing segmentPortable
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAutomotive, Stationery, Portable
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

  • In terms of revenue, Australia accounted for 0.2% of the global proton exchange membrane fuel cell market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan proton exchange membrane fuel cell market is projected to lead the regional market in terms of revenue in 2030.
  • Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 54.9 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Proton Exchange Membrane Fuel Cell Market Companies

Name Profile # Employees HQ Website

Australia 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 69.12% in 2023. Horizon Databook has segmented the Australia proton exchange membrane fuel cell market based on automotive, stationery, portable covering the revenue growth of each sub-segment from 2018 to 2030.


Reasons to subscribe to Australia proton exchange membrane fuel cell market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Australia proton exchange membrane fuel cell market databook

  • Our clientele includes a mix of proton exchange membrane fuel cell market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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

Partial client list

  • logo

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

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

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

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more