Electrolyzer Market (2023 Edition): Analysis by Type (Traditional Alkaline, PEM, Solid Oxide), Capacity (<=500KW, 500KW - 2 MW, Above 2 MW), By Application, By Region, By Country: Market Insights and Forecast (2019-2029)

Report
300 Pages
October 2023
Region: Global
Azoth Analytics
ID: 5886442

The publisher has released a research report titled “Global Electrolyzer Market (2023 Edition)” which provides a complete analysis of the Global Electrolyzer industry in terms of market segmentation by Type (Traditional Alkaline, PEM, Solid Oxide), Application (Power Plants, Steel Plants, Electronics & Photovoltaics, Others), Industry (Industrial & Manufacturing, Commercial, Residential, Others), By Capacity (< =500KW, 500KW - 2 MW, Above 2 MW) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.

The research report covers a detailed analysis of the regions (Americas, Europe, APAC, Middle East Africa) and 10 countries (United States, Canada, Brazil, United Kingdom, Germany, France, China, Japan, India, and South Korea). Additionally, the research report presents data including market size, yearly growth, potential analysis, the competitive study of market players, investment opportunities, and demand forecast. The research report also assesses growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.

The Global Electrolyzer Market is expected to generate USD 15.49 Billion by the end of 2029, up from USD 3.64 Billion in 2022. The market for alkaline electrolyzers is driven by the increasing demand for hydrogen in various applications such as power generation, transportation, and industrial gas. The transportation segment is expected to grow at the highest CAGR during the forecast period, due to the increasing adoption of fuel cell vehicles. During the forecast period, 2024-2029, Global Electrolyzer is expected to expand at a CAGR of 18.69%. The demand for alkaline electrolyzers has been increasing due to the growing demand for hydrogen as a clean energy source.

The electrolyzer market is growing rapidly due to the increasing demand for green hydrogen, which is produced using renewable energy sources such as wind and solar power. Electrolyzers are used to produce hydrogen through the process of electrolysis.

The market is driven by the need to reduce carbon emissions and transition towards a more sustainable energy system. The industrial sector is a major consumer of hydrogen, and the use of hydrogen in industries such as refining, chemicals, and steel production is expected to drive the demand for electrolyzers.

However, the high cost of electrolyzers and the lack of a regulatory framework for the development of hydrogen infrastructure are some of the challenges faced by the market. Nonetheless, with the increasing focus on decarbonization and the adoption of renewable energy sources, the electrolyzer market is expected to witness significant growth in the coming years.

Scope of the Report

The report analyses the Electrolyzer Market by Value (USD Million).
The report analyses the Electrolyzer Market by Volume (MW).
The report presents the analysis of the Electrolyzer market for the historical period of 2019-2022, the estimated year 2023, and the forecast period of 2024-2029.
The report analyses the Electrolyzer Market by Type (Traditional Alkaline, PEM, Solid Oxide).
The report analyses the Electrolyzer Market by Application (Power Plants, Steel Plants, Electronics & Photovoltaics, Others).
The report analyses the Electrolyzer Market by Industry (Industrial & Manufacturing, Commercial, Residential, Others).
The report analyses the Electrolyzer Market by Capacity (< =500KW, 500KW - 2 MW, Above 2 MW).
The Global Electrolyzer Market has been analyzed by countries (United States, Canada, Brazil, Germany, France, United Kingdom, China, Japan, South Korea and India).
The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by country, by type, by application, by industry, and by capacity.
Also, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.
The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Ineos, Asahi Kasei, Thyssenkrupp Nucera, Bloom Energy, ITM Power PLC, Cummins, PowerCell Sweden AB, Toshiba, SolidPower, FuelCell Energy.

1. Market Background

1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology

2. Strategic Recommendations

2.1 Collaboration and Partnerships
2.2 Scaling Up Electrolyzer Capacity

3. Global Electrolyzer Market: Historic and Forecast (2019-2029)

3.1 Impact Analysis of Macro Economic Factors on Electrolyzer Market
3.2 Global Electrolyzer Capacity Forecast (By Source and Year), GW
3.3 Global Electrolyzer Shipment Current and Forecast, PEM Vs Alkaline, (%)
3.4 Estimated annual electrolyzer capacity by Key producer, 2022 and 2023 (GW)
3.5 Cost Breakdown of Electrolysis Stacks of state-of-the-art 2.5MW AWE and 1MW PEM electrolysis stacks (2020), USD/kW
3.6 Average Selling Price Analysis of Global Electrolyzer Market
3.7 Global Electrolyzer Market: Dashboard
3.8 Global Electrolyzer Market: Market Value Assessment, 2019-2029 (USD Million)
3.9 Global Electrolyzer Market: Market Volume Assessment
3.10 Impact of COVID-19 on Electrolyzer Market
3.11 Global Electrolyzer Market Segmentation: By Type
3.11.1 Global Electrolyzer Market, By Type Overview
3.11.2 Global Electrolyzer Market Size, By Traditional Alkaline Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
3.11.3 Global Electrolyzer Market Size, By PEM Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
3.11.4 Global Electrolyzer Market Size, By Solid Oxide, By Value, 2019H-2029F (USD Million & CAGR)
3.12 Global Electrolyzer Market Segmentation: By Application
3.12.1 Global Electrolyzer Market, By Application Overview
3.12.2 Global Electrolyzer Market Size, By Power Plants, By Value, 2019H-2029F (USD Million & CAGR)
3.12.3 Global Electrolyzer Market Size, By Steel Plants, By Value, 2019H-2029F (USD Million & CAGR)
3.12.4 Global Electrolyzer Market Size, By Electronic & Photovoltaics, By Value, 2019H-2029F (USD Million & CAGR)
3.12.5 Global Electrolyzer Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
3.13 Global Electrolyzer Market Segmentation: By Industry
3.13.1 Global Electrolyzer Market, By Industry Overview
3.13.2 Global Electrolyzer Market Size, By Industrial & Manufacturing, By Value, 2019H-2029F (USD Million & CAGR)
3.13.3 Global Electrolyzer Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
3.13.4 Global Electrolyzer Market Size, By Residential, By Value, 2019H-2029F (USD Million & CAGR)
3.13.5 Global Electrolyzer Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
3.14 Global Electrolyzer Market Segmentation: By Capacity
3.14.1 Global Electrolyzer Market, By Capacity Overview
3.14.2 Global Electrolyzer Market Size, By < = 500KW, By Value, 2019H-2029F (USD Million & CAGR)
3.14.3 Global Electrolyzer Market Size, 500KW - 2MW, By Value, 2019H-2029F (USD Million & CAGR)
3.14.4 Global Electrolyzer Market Size, By Above 2 MW, By Value, 2019H-2029F (USD Million & CAGR)

4. Global Electrolyzer Market, Regional Analysis

4.1 Regional Coverage of the Study
4.2 Regional Snapshot

5. Americas Electrolyzer Market: Historic and Forecast (2019-2029)

5.1 Americas Electrolyzer Market: Snapshot
5.2 Americas Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.3 Americas Global Electrolyzer Market Size, By Volume, 2019H-2029F (MW)
5.4 Americas Electrolyzer Market: Key Factors
5.5 Americas Electrolyzer Market Segmentation: By Type
5.5.1 Americas Electrolyzer Market, By Type Overview
5.5.2 Americas Electrolyzer Market Size, By Traditional Alkaline Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
5.5.3 Americas Electrolyzer Market Size, By PEM Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
5.5.4 Americas Electrolyzer Market Size, By Solid Oxide Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
5.6 Americas Electrolyzer Market Segmentation: By Application
5.6.1 Americas Electrolyzer Market, By Application Overview
5.6.2 Americas Electrolyzer Market Size, By Power Plants, By Value, 2019H-2029F (USD Million & CAGR)
5.6.3 Americas Electrolyzer Market Size, By Steel Plants, By Value, 2019H-2029F (USD Million & CAGR)
5.6.4 Americas Electrolyzer Market Size, By Electronic & Photovoltaics, By Value, 2019H-2029F (USD Million & CAGR)
5.6.5 Americas Electrolyzer Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
5.7 Americas Electrolyzer Market Segmentation: By Industry
5.7.1 Americas Electrolyzer Market, By Industry Overview
5.7.2 Americas Electrolyzer Market Size, By Industrial & Manufacturing, By Value, 2019H-2029F (USD Million & CAGR)
5.7.3 Americas Electrolyzer Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
5.7.4 Americas Electrolyzer Market Size, By Residential, By Value, 2019H-2029F (USD Million & CAGR)
5.7.5 Americas Electrolyzer Market Size, Others, By Value, 2019H-2029F (USD Million & CAGR)
5.8 Americas Electrolyzer Market Segmentation: By Capacity
5.8.1 Americas Electrolyzer Market, By Capacity Overview
5.8.2 Americas Electrolyzer Market Size, By < = 500KW, By Value, 2019H-2029F (USD Million & CAGR)
5.8.3 Americas Electrolyzer Market Size, 500KW - 2MW, By Value, 2019H-2029F (USD Million & CAGR)
5.8.4 Americas Electrolyzer Market Size, By Above 2 MW, By Value, 2019H-2029F (USD Million & CAGR)
5.9 Americas Electrolyzer Market Segmentation : By Country
5.9.1 Americas Electrolyzer Market, By Country Overview
5.9.2 United States Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.9.2.1 United States Electrolyzer Market, By Type
5.9.2.2 United States Electrolyzer Market, By Application
5.9.2.3 United States Electrolyzer Market, By Industry
5.9.2.4 United States Electrolyzer Market, By Capacity
5.9.3 Canada Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.9.3.1 Canada Electrolyzer Market, By Type
5.9.3.2 Canada Electrolyzer Market, By Application
5.9.3.3 Canada Electrolyzer Market, By Industry
5.9.3.4 Canada Electrolyzer Market, By Capacity
5.9.4 Brazil Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.9.4.1 Brazil Electrolyzer Market, By Type
5.9.4.2 Brazil Electrolyzer Market, By Application
5.9.4.2 Brazil Electrolyzer Market, By Industry
5.9.4.3 Brazil Electrolyzer Market, By Capacity
5.9.5 Rest of Americas Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.9.5.1 Rest of Americas Electrolyzer Market, By Type
5.9.5.2 Rest of Americas Electrolyzer Market, By Application
5.9.5.3 Rest of Americas Electrolyzer Market, By Industry
5.9.5.4 Rest of Americas Electrolyzer Market, By Capacity

6. Europe Electrolyzer Market: Historic and Forecast (2019-2029)

6.1 Europe Electrolyzer Market: Snapshot
6.2 Europe Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.3 Europe Global Electrolyzer Market Size, By Volume, 2019H-2029F (MW)
6.4 Europe Electrolyzer Market: Key Factors
6.5 Europe Electrolyzer Market Segmentation: By Type
6.5.1 Europe Electrolyzer Market, By Type Overview
6.5.2 Europe Electrolyzer Market Size, By Traditional Alkaline Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
6.5.3 Europe Electrolyzer Market Size, By PEM Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
6.5.4 Europe Electrolyzer Market Size, By Solid Oxide Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
6.6 Europe Electrolyzer Market Segmentation: By Application
6.6.1 Europe Electrolyzer Market, By Application Overview
6.6.2 Europe Electrolyzer Market Size, By Power Plants, By Value, 2019H-2029F (USD Million & CAGR)
6.6.3 Europe Electrolyzer Market Size, By Steel Plants, By Value, 2019H-2029F (USD Million & CAGR)
6.6.4 Europe Electrolyzer Market Size, By Electronic & Photovoltaics, By Value, 2019H-2029F (USD Million & CAGR)
6.6.5 Europe Electrolyzer Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
6.7 Europe Electrolyzer Market Segmentation: By Industry
6.7.1 Europe Electrolyzer Market, By Industry Overview
6.7.2 Europe Electrolyzer Market Size, By Industrial & Manufacturing, By Value, 2019H-2029F (USD Million & CAGR)
6.7.3 Europe Electrolyzer Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
6.7.4 Europe Electrolyzer Market Size, By Residential, By Value, 2019H-2029F (USD Million & CAGR)
6.7.5 Europe Electrolyzer Market Size, Others, By Value, 2019H-2029F (USD Million & CAGR)
6.8 Europe Electrolyzer Market Segmentation: By Capacity
6.8.1 Europe Electrolyzer Market, By Capacity Overview
6.8.2 Europe Electrolyzer Market Size, By < = 500KW, By Value, 2019H-2029F (USD Million & CAGR)
6.8.3 Europe Electrolyzer Market Size, 500KW - 2MW, By Value, 2019H-2029F (USD Million & CAGR)
6.8.4 Europe Electrolyzer Market Size, By Above 2 MW, By Value, 2019H-2029F (USD Million & CAGR)
6.9 Europe Electrolyzer Market Segmentation : By Country
6.9.1 Europe Electrolyzer Market, By Country Overview
6.9.2 United Kingdom Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.2.1 United Kingdom Electrolyzer Market, By Type
6.9.2.2 United Kingdom Electrolyzer Market, By Application
6.9.2.3 United Kingdom Electrolyzer Market, By Industry
6.9.2.4 United Kingdom Electrolyzer Market, By Capacity
6.9.3 Germany Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.3.1 Germany Electrolyzer Market, By Type
6.9.3.2 Germany Electrolyzer Market, By Application
6.9.3.3 Germany Electrolyzer Market, By Industry
6.9.3.4 Germany Electrolyzer Market, By Capacity
6.9.4 France Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.4.1 France Electrolyzer Market, By Type
6.9.4.2 France Electrolyzer Market, By Application
6.9.4.3 France Electrolyzer Market, By Industry
6.9.4.4 France Electrolyzer Market, By Capacity
6.9.5 Rest of Europe Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.5.1 Rest of Europe Electrolyzer Market, By Type
6.9.5.2 Rest of Europe Electrolyzer Market, By Application
6.9.5.3 Rest of Europe Electrolyzer Market, By Industry
6.9.5.4 Rest of Europe Electrolyzer Market, By Capacity

7. Asia Pacific Electrolyzer Market: Historic and Forecast (2019-2029)

7.1 Asia Pacific Electrolyzer Market: Snapshot
7.2 Asia Pacific Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.3 Asia Pacific Global Electrolyzer Market Size, By Volume, 2019H-2029F (MW)
7.4 Asia Pacific Electrolyzer Market: Key Factors
7.5 Asia Pacific Electrolyzer Market Segmentation: By Type
7.5.1 Asia Pacific Electrolyzer Market, By Type Overview
7.5.2 Asia Pacific Electrolyzer Market Size, By Traditional Alkaline Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
7.5.3 Asia Pacific Electrolyzer Market Size, By PEM Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
7.5.4 Asia Pacific Electrolyzer Market Size, By Solid Oxide Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
7.6 Asia Pacific Electrolyzer Market Segmentation: By Application
7.6.1 Asia Pacific Electrolyzer Market, By Application Overview
7.6.2 Asia Pacific Electrolyzer Market Size, By Power Plants, By Value, 2019H-2029F (USD Million & CAGR)
7.6.3 Asia Pacific Electrolyzer Market Size, By Steel Plants, By Value, 2019H-2029F (USD Million & CAGR)
7.6.4 Asia Pacific Electrolyzer Market Size, By Electronic & Photovoltaics, By Value, 2019H-2029F (USD Million & CAGR)
7.6.5 Asia Pacific Electrolyzer Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
7.7 Asia Pacific Electrolyzer Market Segmentation: By Industry
7.7.1 Asia Pacific Electrolyzer Market, By Industry Overview
7.7.2 Asia Pacific Electrolyzer Market Size, By Industrial & Manufacturing, By Value, 2019H-2029F (USD Million & CAGR)
7.7.3 Asia Pacific Electrolyzer Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
7.7.4 Asia Pacific Electrolyzer Market Size, By Residential, By Value, 2019H-2029F (USD Million & CAGR)
7.7.5 Asia Pacific Electrolyzer Market Size, Others, By Value, 2019H-2029F (USD Million & CAGR)
7.8 Asia Pacific Electrolyzer Market Segmentation: By Capacity
7.8.1 Asia Pacific Electrolyzer Market, By Capacity Overview
7.8.2 Asia Pacific Electrolyzer Market Size, By < = 500KW, By Value, 2019H-2029F (USD Million & CAGR)
7.8.3 Asia Pacific Electrolyzer Market Size, 500KW - 2MW, By Value, 2019H-2029F (USD Million & CAGR)
7.8.4 Asia Pacific Electrolyzer Market Size, By Above 2 MW, By Value, 2019H-2029F (USD Million & CAGR)
7.9 Asia Pacific Electrolyzer Market Segmentation : By Country
7.9.1 Asia Pacific Electrolyzer Market, By Country Overview
7.9.2 China Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.2.1 China Electrolyzer Market, By Type
7.9.2.2 China Electrolyzer Market, By Application
7.9.2.3 China Electrolyzer Market, By Industry
7.9.2.4 China Electrolyzer Market, By Capacity
7.9.3 Japan Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.3.1 Japan Electrolyzer Market, By Type
7.9.3.2 Japan Electrolyzer Market, By Application
7.9.3.3 Japan Electrolyzer Market, By Industry
7.9.3.4 Japan Electrolyzer Market, By Capacity
7.9.4 India Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.4.1 India Electrolyzer Market, By Type
7.9.4.2 India Electrolyzer Market, By Application
7.9.4.3 India Electrolyzer Market, By Industry
7.9.4.4 India Electrolyzer Market, By Capacity
7.9.5 South Korea Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.5.1 South Korea Electrolyzer Market, By Type
7.9.5.2 South Korea Electrolyzer Market, By Application
7.9.5.3 South Korea Electrolyzer Market, By Industry
7.9.5.4 South Korea Electrolyzer Market, By Capacity
7.9.6 Rest of Asia Pacific Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.6.1 Rest of Asia Pacific Electrolyzer Market, By Type
7.9.6.2 Rest of Asia Pacific Electrolyzer Market, By Application
7.9.6.3 Rest of Asia Pacific Electrolyzer Market, By Industry
7.9.6.4 Rest of Asia Pacific Electrolyzer Market, By Capacity

8. Middle East and Africa Electrolyzer Market: Historic and Forecast (2019-2029)

8.1 Middle East and Africa Electrolyzer Market: Snapshot
8.2 Middle East and Africa Electrolyzer Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
8.3 Middle East and Africa Global Electrolyzer Market Size, By Volume, 2019H-2029F (MW)
8.4 Middle East and Africa Electrolyzer Market: Key Factors
8.5 Middle East and Africa Electrolyzer Market Segmentation: By Type
8.5.1 Middle East and Africa Electrolyzer Market, By Type Overview
8.5.2 Middle East and Africa Electrolyzer Market Size, By Traditional Alkaline Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
8.5.3 Middle East and Africa Electrolyzer Market Size, By PEM Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
8.5.4 Middle East and Africa Electrolyzer Market Size, By Solid Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
8.6 Middle East and Africa Electrolyzer Market Segmentation: By Application
8.6.1 Middle East and Africa Electrolyzer Market, By Application Overview
8.6.2 Middle East and Africa Electrolyzer Market Size, By Power Plants, By Value, 2019H-2029F (USD Million & CAGR)
8.6.3 Middle East and Africa Electrolyzer Market Size, By Steel Plants, By Value, 2019H-2029F (USD Million & CAGR)
8.6.4 Middle East and Africa Electrolyzer Market Size, By Electronic & Photovoltaics, By Value, 2019H-2029F (USD Million & CAGR)
8.6.5 Middle East and Africa Electrolyzer Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
8.7 Middle East and Africa Electrolyzer Market Segmentation: By Industry
8.7.1 Middle East and Africa Electrolyzer Market, By Industry Overview
8.7.2 Middle East and Africa Electrolyzer Market Size, By Industrial & Manufacturing, By Value, 2019H-2029F (USD Million & CAGR)
8.7.3 Middle East and Africa Electrolyzer Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
8.7.4 Middle East and Africa Electrolyzer Market Size, By Residential, By Value, 2019H-2029F (USD Million & CAGR)
8.7.5 Middle East and Africa Electrolyzer Market Size, Others, By Value, 2019H-2029F (USD Million & CAGR)
8.8 Middle East and Africa Electrolyzer Market Segmentation: By Capacity
8.8.1 Middle East and Africa Electrolyzer Market, By Capacity Overview
8.8.2 Middle East and Africa Electrolyzer Market Size, By < = 500KW, By Value, 2019H-2029F (USD Million & CAGR)
8.8.3 Middle East and Africa Electrolyzer Market Size, 500KW - 2MW, By Value, 2019H-2029F (USD Million & CAGR)
8.8.4 Middle East and Africa Electrolyzer Market Size, By Above 2 MW, By Value, 2019H-2029F (USD Million & CAGR)

9. Industry Ecosystem Analysis

9.1 Value Chain Analysis
9.2 Porter’s Five Forces Model

10. Market Dynamics

10.1 Impact assessment of Market Dynamics on Global Electrolyzer Market
10.2 Drivers
10.3 Restraints
10.4 Trends

11. Competitive Positioning

11.1 Companies’ Product Positioning
11.2 Market Position Matrix
11.3 Market Share Analysis of Electrolyzer Screening Market
11.4 Company Profiles
11.4.1 Ineos
11.4.2 Asahi Kasei
11.4.3 Thyssenkrupp Nucera
11.4.4 Bloom Energy
11.4.5 ITM Power PLC
11.4.6 Cummins Inc
11.4.7 PowerCell Sweden AB
11.4.8 Toshiba
11.4.9 SolidPower
11.4.10 FuelCell Energy

List of Figures

Figure 1: Average Global Electrolyzer Price, By Region, 2022 (USD/ Unit)
Figure 2: Global Electrolyzer Market Size, By Value, 2019-2022 (USD Million)
Figure 3: Global Electrolyzer Market Size, By Value, 2023-2029 (USD Million)
Figure 4: Global Electrolyzer Market Share, By Type, 2022 (%)
Figure 5: Global Electrolyzer Market Size, By Volume, 2019-2022 (MW)
Figure 6: Global Electrolyzer Market Size, By Volume, 2023-2029 (USD Million)
Figure 7: Global Electrolyzer Market CAGR, 2019-2022 & 2024-2029
Figure 8: Global Electrolyzer Market Size, By Traditional Alkaline Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
Figure 9: Global Electrolyzer Market Absolute Opportunity, By Traditional Alkaline Electrolyzer 2019-2029 (USD Million)
Figure 10: Global Electrolyzer Market Size, By PEM Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
Figure 11: Global Electrolyzer Market Absolute Opportunity, By PEM Electrolyzer, 2019-2029 (USD Million)
Figure 12: Global Electrolyzer Market Size, By Solid Oxide, By Value, 2019H-2029F (USD Million & CAGR)
Figure 13: Global Electrolyzer Market Absolute Opportunity, By Solid Oxide, 2019-2029 (USD Million)
Figure 14: Global Electrolyzer Market Size, By Power Plants, By Value, 2019H-2029F (USD Million & CAGR)
Figure 15: Global Electrolyzer Market Absolute Opportunity, By Power Plants, 2019-2029 (USD Million)
Figure 16: Global Electrolyzer Market Size, By Steel Plants, By Value, 2019H-2029F (USD Million & CAGR)
Figure 17: Global Electrolyzer Market Absolute Opportunity, By Steel Plants, 2019-2029 (USD Million)
Figure 18: Global Electrolyzer Market Size, By Electronic & Photovoltaics, By Value, 2019H-2029F (USD Million & CAGR)
Figure 19: Global Electrolyzer Market Absolute Opportunity, By Electronic & Photovoltaics, 2019-2029 (USD Million)
Figure 20: Global Electrolyzer Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
Figure 21: Global Electrolyzer Market Absolute Opportunity, By Others, 2019-2029 (USD Million)
Figure 22: Global Electrolyzer Market Size, By Industrial & Manufacturing, By Value, 2019H-2029F (USD Million & CAGR)
Figure 23: Global Electrolyzer Market Absolute Opportunity, By Industrial & Manufacturing, 2019-2029 (USD Million)
Figure 24: Global Electrolyzer Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
Figure 25: Global Electrolyzer Market Absolute Opportunity, By Commercial, 2019-2029 (USD Million)
Figure 26: Global Electrolyzer Market Size, By Residential, By Value, 2019H-2029F (USD Million & CAGR)
Figure 27: Global Electrolyzer Market Absolute Opportunity, By Residential, 2019-2029 (USD Million)
Figure 28: Global Electrolyzer Market Size, Others, By Value, 2019H-2029F (USD Million & CAGR)
Figure 29: Global Electrolyzer Market Absolute Opportunity, Others, 2019-2029 (USD Million)
Figure 30: Global Electrolyzer Market Size, By < = 500KW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 31: Global Electrolyzer Market Absolute Opportunity, By < = 500KW, 2019-2029 (USD Million)
Figure 32: Global Electrolyzer Market Size, 500KW - 2MW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 33: Global Electrolyzer Market Absolute Opportunity, 500KW - 2MW, 2019-2029 (USD Million)
Figure 34: Global Electrolyzer Market Size, By Above 2 MW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 35: Global Electrolyzer Market Absolute Opportunity, By Above 2 MW, 2019-2029 (USD Million)
Figure 36: Americas Electrolyzer Market Size, By Value, 2019H-2029F (USD Million)
Figure 37: Americas Electrolyzer Market Share, By Application, By Value, 2022 (%)
Figure 38: Americas Global Electrolyzer Market Size, By Volume, 2019H-2029F (MW)
Figure 39: Americas Electrolyzer Market , By Traditional Alkaline Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
Figure 40: Americas Electrolyzer Market , By PEM Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
Figure 41: Americas Electrolyzer Market , By Solid Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
Figure 42: Americas Electrolyzer Market, By Power Plants, By Value, 2019H-2029F (USD Million & CAGR)
Figure 43: Americas Electrolyzer Market, By Steel Plants, By Value, 2019H-2029F (USD Million & CAGR)
Figure 44: Americas Electrolyzer Market, By Electronic & Photovoltaics, By Value, 2019H-2029F (USD Million & CAGR)
Figure 45: Americas Electrolyzer Market, By Others, By Value, 2019H-2029F (USD Million & CAGR)
Figure 46: Americas Electrolyzer Market, By Industrial & Manufacturing, By Value, 2019H-2029F (USD Million & CAGR)
Figure 47: Americas Electrolyzer Market, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
Figure 48: Americas Electrolyzer Market, By Residential, By Value, 2019H-2029F (USD Million & CAGR)
Figure 49: Americas Electrolyzer Market, By Others By Value, 2019H-2029F (USD Million & CAGR)
Figure 50: Americas Electrolyzer Market, By < = 500KW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 51: Americas Electrolyzer Market, By 500KW - 2MW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 52: Americas Electrolyzer Market, By Above 2 MW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 53: United States Electrolyzer Market, By Value, 2019-2029 (USD Million & CAGR)
Figure 54: United States Electrolyzer Market Value, By Type, 2022 (USD Million)
Figure 55: United States Electrolyzer Market Share, By Type, By Value, 2022 (%)
Figure 56: United States Electrolyzer Market Share, By Application, By Value, 2022 (%)
Figure 57: United States Electrolyzer Market Share, By Industry By Value,, 2022 (%)
Figure 58: United States Electrolyzer Market Share, By Capacity, By Value, 2022 (%)
Figure 59: Canada Electrolyzer Market, By Value, 2019-2029 (USD Million & CAGR)
Figure 60: Canada Electrolyzer Market Value, By Type, 2022 (USD Million)
Figure 61: Canada Electrolyzer Market Share, By Type, By Value, 2022 (%)
Figure 62: Canada Electrolyzer Market Share, By Application, By Value, 2022 (%)
Figure 63: Canada Electrolyzer Market Share, By Industry By Value,, 2022 (%)
Figure 64: Canada Electrolyzer Market Share, By Capacity, By Value, 2022 (%)
Figure 65: Brazil Electrolyzer Market, By Value, 2019-2029 (USD Million & CAGR)
Figure 66: Brazil Electrolyzer Market Value, By Type, 2022 (USD Million)
Figure 67: Brazil Electrolyzer Market Share, By Type, By Value, 2022 (%)
Figure 68: Brazil Electrolyzer Market Share, By Application, By Value, 2022 (%)
Figure 69: Brazil Electrolyzer Market Share, By Industry By Value,, 2022 (%)
Figure 70: Brazil Electrolyzer Market Share, By Capacity, By Value, 2022 (%)
Figure 71: Rest of Americas Electrolyzer Market, By Value, 2019-2029 (USD Million & CAGR)
Figure 72: Rest of Americas Electrolyzer Market Value, By Type, 2022 (USD Million)
Figure 73: Rest of Americas Electrolyzer Market Share, By Type, By Value, 2022 (%)
Figure 74: Rest of Americas Electrolyzer Market Share, By Application, By Value, 2022 (%)
Figure 75: Rest of Americas Electrolyzer Market Share, By Industry By Value,, 2022 (%)
Figure 76: Rest of Americas Electrolyzer Market Share, By Capacity, By Value, 2022 (%)
Figure 77: Europe Electrolyzer Market Size, By Value, 2019H-2029F (USD Million)
Figure 78: Europe Electrolyzer Market Share, By Type, 2022 (%)
Figure 79: Europe Global Electrolyzer Market Size, By Value, 2019H-2029F (USD Million)
Figure 80: Europe Global Electrolyzer Market Share, By Value, By Industry, 2022 (%)
Figure 81: Europe Electrolyzer Market , By Traditional Alkaline Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
Figure 82: Europe Electrolyzer Market , By PEM Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
Figure 83: Europe Electrolyzer Market , By Solid Electrolyzer, By Value, 2019H-2029F (USD Million & CAGR)
Figure 84: Europe Electrolyzer Market, By Power Plants, By Value, 2019H-2029F (USD Million & CAGR)
Figure 85: Europe Electrolyzer Market, By Steel Plants, By Value, 2019H-2029F (USD Million & CAGR)
Figure 86: Europe Electrolyzer Market, By Electronic & Photovoltaics, By Value, 2019H-2029F (USD Million & CAGR)
Figure 87: Europe Electrolyzer Market, By Others, By Value, 2019H-2029F (USD Million & CAGR)
Figure 88: Europe Electrolyzer Market, By Industrial & Manufacturing, By Value, 2019H-2029F (USD Million & CAGR)
Figure 89: Europe Electrolyzer Market, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
Figure 90: Europe Electrolyzer Market, By Residential, By Value, 2019H-2029F (USD Million & CAGR)
Figure 91: Europe Electrolyzer Market, By Others By Value, 2019H-2029F (USD Million & CAGR)
Figure 92: Europe Electrolyzer Market, By < = 500KW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 93: Europe Electrolyzer Market, By 500KW - 2MW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 94: Europe Electrolyzer Market, By Above 2 MW, By Value, 2019H-2029F (USD Million & CAGR)
Figure 95: United Kingdom Electrolyzer Market, By Value, 2019-2029 (USD Million & CAGR)
Figure 96: United Kingdom Electrolyzer Market Value, By Type, 2022 (USD Million)
Figure 97: United Kingdom Electrolyzer Market Share, By Type, By Value, 2022 (%)
Figure 98: United Kingdom Electrolyzer Market Share, By Application, By Value, 2022 (%)
Figure 99: United Kingdom Electrolyzer Market Share, By Industry By Value,, 2022 (%)
Figure 100: United Kingdom Electrolyzer Market Share, By Capacity, By Value, 2022 (%)

Table Information

Report Attribute	Details
No. of Pages	300
Published	October 2023
Forecast Period	2024 - 2029
Estimated Market Value ( USD ) in 2024	$ 6.58 Billion
Forecasted Market Value ( USD ) by 2029	$ 15.49 Billion
Compound Annual Growth Rate	18.6%
Regions Covered	Global

PURCHASE OPTIONS

Single User License PDF And Excel

Enterprise License PDF And Excel

need a quote ?

License	Format	Properties	Price
SINGLE USER LICENSE PDF and Excel	The electronic report will be emailed to you. The file formats are PDF and Excel.	This is a single user license, allowing one user access to the product.	€2338EUR$2,450USD£1,958GBP
ENTERPRISE LICENSE PDF and Excel	The electronic report will be emailed to you. The file formats are PDF and Excel.	This is an enterprise license, allowing all employees within your organization access to the product.	€2815EUR$2,950USD£2,358GBP

Scope of the Report

Table of Contents

Table Information

Related Topics

Related Reports

Global Market for PEM Electrolyzer

PEM Electrolyzer Market by Material Type, Capacity, Application - Global Forecast 2025-2030

Electrolyzers for Green Hydrogen Market by Technology, Capacity, Application - Global Forecast 2025-2030

Electrolyzers Market by Technology (Alkaline, Proton Exchange Membrane (PEM), Solid Oxide Electrolyzer, AEM), Application (Energy, Mobility, Industrial, Grid Injection), Power Rating (<500 kW, 500-2,000 kW, >2,000 kW), Region - Forecast to 2030

Electrolyzers Global Market Report 2024