Global Market for PEM Electrolyzer
Report Scope
The report provides a comprehensive overview and analysis of the global proton exchange membrane (PEM) electrolyzer market and a detailed analysis of the market players’ products and key initiatives. Using 2023 as the base year, the report provides estimated market data for 2024, and the market values are forecast from 2024 through 2029. It also includes details about the electrolyzers’ different components and end-use applications. Estimated market values are based on the determined market penetration of PEM electrolyzers in the overall water electrolysis market. Projected revenue values are in constant U.S. dollars that have not been adjusted for inflation.
The global PEM electrolyzer market has been segmented into the following market segments:
Component: electrolyzer stack, balance of plant.
Capacity: below 500 kW, 500 kW to 2 MW, and above 2MW.
Application: industrial, refining, automotive and transportation, and others (energy storage, power generation, and high-temperature heating).
Region: North America, Europe, Asia-Pacific, and Rest of World.
Report Includes
43 data tables and 45 additional tables
An overview of the global market for proton exchange membrane (PEM) electrolyzers
Analysis of global market trends, with revenue data for 2023, estimated figures for 2024, forecasts for 2025, 2027, and 2029, and projected CAGRs through 2029
Identification of new opportunities, challenges and technological changes in the industry and a market share analysis by component, capacity, application and region
Examination of PEM electrolyzer companies’ current and future strategies
Analysis of R&D activity, product launches and regulatory elements
Analysis of the key companies’ market shares, mergers & acquisitions, joint ventures, collaborations and other market strategies
Profiles of the major market players, including Cummins Inc., ITM Power PLC, Ohmium, Plug Power Inc., and Siemens Energy
Companies Mentioned
AIR LIQUIDE
AIR PRODUCTS AND CHEMICALS INC.
CUMMINS INC.
HITACHI ZOSEN CORP.
H-TEC SYSTEMS GMBH
HYSTAR
ITM POWER PLC
NEL ASA
OHMIUM
PERIC HYDROGEN TECHNOLOGIES CO. LTD.
PLUG POWER INC.
SIEMENS ENERGY"
- Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- Market Summary
- Chapter 2 Market Overview
- Current Market Overview
- Key Hydrogen Production Methods
- Types of Hydrogen
- Grey Hydrogen
- Blue Hydrogen
- Turquoise Hydrogen
- Green Hydrogen
- Porter's Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Potential for New Entrants to the Market
- Threat of Substitutes
- Competition in the Industry
- Value Chain Analysis
- Raw Material Providers
- Processed Material Providers
- Sub-Component Providers
- End-Product Providers
- Chapter 3 Market Dynamics
- Market Dynamics
- Market Drivers
- Market Restraints
- Current Market Trends
- Future Market Opportunities
- Chapter 4 Emerging Technologies and Developments
- Overview
- Emerging Technologies in Proton Exchange Membrane Electrolyzers
- Advanced Membrane Technologies
- Integrated Electrolyzer Design
- High-Efficiency Electrolysis Catalysts
- Advanced Manufacturing Methods
- Patent Analysis
- Patent Description for Proton Exchange Membrane Electrolyzers
- Key Findings from Patent Analysis
- Chapter 5 Market Segmentation Analysis
- Segmentation Breakdown
- Global Proton Exchange Membrane Electrolyzer Market by Component
- Electrolyzer Stack
- Balance of Plant
- Global Proton Exchange Membrane Electrolyzer Market by Capacity
- Below 500 kW
- 500 kW to 2 MW
- Above 2 MW
- Global Proton Exchange Membrane Electrolyzer Market by Application
- Industrial
- Refining
- Automotive and Transportation
- Other Applications
- Geographic Breakdown
- Global Proton Exchange Membrane Electrolyzer Market by Region
- North America
- Europe
- Asia-Pacific
- Rest of World (RoW)
- Chapter 6 Competitive Intelligence
- Overview
- Competitive Information for Key Market Players
- Cummins Inc.
- ITM Power PLC
- Ohmium International Inc.
- Plug Power Inc.
- Siemens Energy AG
- Key Developments
- Chapter 7 Sustainability in Global Market for PEM Electrolyzer: An ESG Perspective
- Overview
- Environmental Impact/Performance
- Social Impact/Performance
- Governance Impact/Performance
- Concluding Remarks from BCC Research
- Chapter 8 Appendix
- Methodology
- Research Steps
- References
- Acronyms
- Company Profiles
- AIR LIQUIDE
- AIR PRODUCTS AND CHEMICALS INC.
- CUMMINS INC.
- HITACHI ZOSEN CORP.
- H-TEC SYSTEMS GMBH
- HYSTAR
- ITM POWER PLC
- NEL ASA
- OHMIUM
- PERIC HYDROGEN TECHNOLOGIES CO. LTD.
- PLUG POWER INC.
- SIEMENS ENERGY
- List of other Players (Emerging Players)
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