Polat C.Kilinç N.2019-08-012019-08-0120071450-2275https://hdl.handle.net/11480/1200Hydrogen is considered the energy of the future and there is an intensive research in the field. A Proton Exchange Membrane Fuel Cell (PEMFC) is an energy transformation system and transforms chemical energy into electric energy and is the most developed type of the fuel cells. The current research reports considerable progress into commercialization. Companies in different countries already launched various products into the market and have made significant progress. The figures about the existing market show that there is a sharp growth trend in the PEMFC market due to many potential areas of use of it including transportation, industry, and settlement and its convenience. Although there is a considerable amount of research that has focused on the technical side of the issue, which was mainly performed by the fuel cell researchers, the market side seems to be neglected: This side of the research is expected to be performed by business researchers, which is what this study attempts to do. This study attempts to review the growth trends in the PEMFC, market dynamics and other related aspects, within the context of some major countries and Turkey, from the business point of view. © EuroJournals, Inc. 2007.eninfo:eu-repo/semantics/closedAccessHydrogen technologiesMarket driversMarket growth trendMarket researchMarket sharePEMFCReview Article869922-s2.0-37549050142N/A