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The PEM Electrolyzer market is a subset of the Fuel Cells market, which is a technology that converts chemical energy into electrical energy. PEM Electrolyzers are a type of fuel cell that uses a proton exchange membrane (PEM) to separate the anode and cathode, allowing for the efficient conversion of hydrogen and oxygen into electricity and water. PEM Electrolyzers are used in a variety of applications, including stationary power, transportation, and industrial processes.
The PEM Electrolyzer market is expected to grow in the coming years due to increasing demand for clean energy sources and the need for efficient energy storage solutions. Additionally, the development of new technologies and materials for PEM Electrolyzers is expected to drive market growth.
Some of the major companies in the PEM Electrolyzer market include Ballard Power Systems, Hydrogenics, Plug Power, ITM Power, and Nel Hydrogen. Show Less Read more