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The Proton Exchange Membrane Fuel Cell (PEMFC) market is a subset of the fuel cell industry. PEMFCs are a type of fuel cell that uses a proton exchange membrane as an electrolyte to convert chemical energy from a fuel into electricity. PEMFCs are used in a variety of applications, including automotive, stationary, and portable power.
PEMFCs offer several advantages over other fuel cell technologies, such as high power density, fast start-up times, and low operating temperatures. These advantages make them well-suited for applications such as automotive and portable power.
The PEMFC market is expected to grow in the coming years due to increasing demand for clean energy sources and the development of new technologies. Governments around the world are also providing incentives for the development and deployment of fuel cells, which is expected to further drive the market.
Some of the major companies in the PEMFC market include Ballard Power Systems, Plug Power, Hydrogenics, and FuelCell Energy. Show Less Read more
