The Proton Exchange Membrane (PEM) market, valued at $146 million, is expanding its role in clean energy applications beyond just hydrogen-powered vehicles. PEMs, essential components that enable efficient hydrogen fuel cells, are increasingly being used in sectors such as stationary power generation and portable energy devices. Advances in PEM technology are improving both performance and cost-effectiveness, supporting broader adoption of hydrogen solutions.
As industries seek sustainable energy alternatives, the development of PEMs is critical to unlocking the full potential of hydrogen fuel cells. The market’s evolution reflects growing investment and innovation aimed at overcoming current limitations, making hydrogen a more viable option across multiple energy sectors.
**Why this matters**
PEMs are central to the functionality of hydrogen fuel cells, which produce clean electricity with water as the only emission. Enhancements in PEM technology can lower costs and increase durability, accelerating the shift toward hydrogen-based energy systems. This progress is key to reducing reliance on fossil fuels and achieving global clean energy goals.
Source: NewsData