Brazil Proton Exchange Membrane Fuel Cell Market Size & Outlook
Brazil proton exchange membrane fuel cell market, 2018-2030 (US$M)
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Brazil proton exchange membrane fuel cell market highlights
- The Brazil proton exchange membrane fuel cell market generated a revenue of USD 2.8 million in 2023 and is expected to reach USD 7.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 15.6% 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 2023 | USD 2.8 million |
| Market revenue in 2030 | USD 7.6 million |
| Growth rate | 15.6% (CAGR from 2023 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | Portable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Stationery, Portable |
| Key market players worldwide | Plug 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, Brazil accounted for 0.1% 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 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 Scope
Proton Exchange Membrane Fuel Cell Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 71.43% in 2023. Horizon Databook has segmented the Brazil proton exchange membrane fuel cell market based on automotive, stationery, portable covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil proton exchange membrane fuel cell market , including forecasts for subscribers. This country databook contains high-level insights into Brazil proton exchange membrane fuel cell market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil proton exchange membrane fuel cell market size, by application, 2018-2030 (US$M)
Brazil Proton Exchange Membrane Fuel Cell Market Outlook Share, 2023 & 2030 (US$M)
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