Global Electrolyzer Market Research Report 2024(Status and Outlook)

Global Electrolyzer Market Research Report 2024(Status and Outlook)



Report Overview: Electrolysis is a promising option for hydrogen production from renewable resources. Electrolysis is the process of using electricity to split water into hydrogen and oxygen. This reaction takes place in a unit called electrolyze. Electrolyzes can range in size from small, appliance-size equipment that is well-suited for small-scale distributed hydrogen production to large-scale, central production facilities that could be tied directly to renewable or other non-greenhouse-gas-emitting forms of electricity production. The Global Electrolyzer Market Size was estimated at USD 263.98 million in 2023 and is projected to reach USD 734.64 million by 2029, exhibiting a CAGR of 18.60% during the forecast period. This report provides a deep insight into the global Electrolyzer market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electrolyzer Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electrolyzer market in any manner. Global Electrolyzer Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company Cummins Teledyne Energy Systems Suzhou Jingli McPhy TianJin Mainland Siemens Nel Hydrogen Toshiba Yangzhou Chungdean Hydrogen Equipment Elogen ITM Power Idroenergy Spa Erredue SpA Kobelco Eco-Solutions ShaanXi HuaQin EM Solution Beijing Zhongdian H2B2 Elchemtech Verde LLC Shandong Saksay Hydrogen Energy Asahi Kasei ELB Elektrolyse technik GmbH Market Segmentation (by Type) Traditional Alkaline Electroliser PEM Electroliser Market Segmentation (by Application) Power Plants Steel Plant Electronics and Photovoltaics Industrial Gases Energy Storage or Fueling for FCEV's Power to Gas Others Geographic Segmentation • North America (USA, Canada, Mexico) • Europe (Germany, UK, France, Russia, Italy, Rest of Europe) • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific) • South America (Brazil, Argentina, Columbia, Rest of South America) • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA) Key Benefits of This Market Research: • Industry drivers, restraints, and opportunities covered in the study • Neutral perspective on the market performance • Recent industry trends and developments • Competitive landscape & strategies of key players • Potential & niche segments and regions exhibiting promising growth covered • Historical, current, and projected market size, in terms of value • In-depth analysis of the Electrolyzer Market • Overview of the regional outlook of the Electrolyzer Market: Key Reasons to Buy this Report: • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change • This enables you to anticipate market changes to remain ahead of your competitors • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly • Provision of market value (USD Billion) data for each segment and sub-segment • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis • Provides insight into the market through Value Chain • Market dynamics scenario, along with growth opportunities of the market in the years to come • 6-month post-sales analyst support Customization of the Report In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met. Note: this report may need to undergo a final check or review and this could take about 48 hours. Chapter Outline Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods. Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Electrolyzer Market and its likely evolution in the short to mid-term, and long term. Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market. Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis. Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc. Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years. Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years. Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Electrolyzer
1.2 Key Market Segments
1.2.1 Electrolyzer Segment by Type
1.2.2 Electrolyzer Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Electrolyzer Market Overview
2.1 Global Market Overview
2.1.1 Global Electrolyzer Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Electrolyzer Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Electrolyzer Market Competitive Landscape
3.1 Global Electrolyzer Sales by Manufacturers (2019-2024)
3.2 Global Electrolyzer Revenue Market Share by Manufacturers (2019-2024)
3.3 Electrolyzer Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Electrolyzer Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Electrolyzer Sales Sites, Area Served, Product Type
3.6 Electrolyzer Market Competitive Situation and Trends
3.6.1 Electrolyzer Market Concentration Rate
3.6.2 Global 5 and 10 Largest Electrolyzer Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Electrolyzer Industry Chain Analysis
4.1 Electrolyzer Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Electrolyzer Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Electrolyzer Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Electrolyzer Sales Market Share by Type (2019-2024)
6.3 Global Electrolyzer Market Size Market Share by Type (2019-2024)
6.4 Global Electrolyzer Price by Type (2019-2024)
7 Electrolyzer Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Electrolyzer Market Sales by Application (2019-2024)
7.3 Global Electrolyzer Market Size (M USD) by Application (2019-2024)
7.4 Global Electrolyzer Sales Growth Rate by Application (2019-2024)
8 Electrolyzer Market Segmentation by Region
8.1 Global Electrolyzer Sales by Region
8.1.1 Global Electrolyzer Sales by Region
8.1.2 Global Electrolyzer Sales Market Share by Region
8.2 North America
8.2.1 North America Electrolyzer Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Electrolyzer Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Electrolyzer Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Electrolyzer Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Electrolyzer Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Cummins
9.1.1 Cummins Electrolyzer Basic Information
9.1.2 Cummins Electrolyzer Product Overview
9.1.3 Cummins Electrolyzer Product Market Performance
9.1.4 Cummins Business Overview
9.1.5 Cummins Electrolyzer SWOT Analysis
9.1.6 Cummins Recent Developments
9.2 Teledyne Energy Systems
9.2.1 Teledyne Energy Systems Electrolyzer Basic Information
9.2.2 Teledyne Energy Systems Electrolyzer Product Overview
9.2.3 Teledyne Energy Systems Electrolyzer Product Market Performance
9.2.4 Teledyne Energy Systems Business Overview
9.2.5 Teledyne Energy Systems Electrolyzer SWOT Analysis
9.2.6 Teledyne Energy Systems Recent Developments
9.3 Suzhou Jingli
9.3.1 Suzhou Jingli Electrolyzer Basic Information
9.3.2 Suzhou Jingli Electrolyzer Product Overview
9.3.3 Suzhou Jingli Electrolyzer Product Market Performance
9.3.4 Suzhou Jingli Electrolyzer SWOT Analysis
9.3.5 Suzhou Jingli Business Overview
9.3.6 Suzhou Jingli Recent Developments
9.4 McPhy
9.4.1 McPhy Electrolyzer Basic Information
9.4.2 McPhy Electrolyzer Product Overview
9.4.3 McPhy Electrolyzer Product Market Performance
9.4.4 McPhy Business Overview
9.4.5 McPhy Recent Developments
9.5 TianJin Mainland
9.5.1 TianJin Mainland Electrolyzer Basic Information
9.5.2 TianJin Mainland Electrolyzer Product Overview
9.5.3 TianJin Mainland Electrolyzer Product Market Performance
9.5.4 TianJin Mainland Business Overview
9.5.5 TianJin Mainland Recent Developments
9.6 Siemens
9.6.1 Siemens Electrolyzer Basic Information
9.6.2 Siemens Electrolyzer Product Overview
9.6.3 Siemens Electrolyzer Product Market Performance
9.6.4 Siemens Business Overview
9.6.5 Siemens Recent Developments
9.7 Nel Hydrogen
9.7.1 Nel Hydrogen Electrolyzer Basic Information
9.7.2 Nel Hydrogen Electrolyzer Product Overview
9.7.3 Nel Hydrogen Electrolyzer Product Market Performance
9.7.4 Nel Hydrogen Business Overview
9.7.5 Nel Hydrogen Recent Developments
9.8 Toshiba
9.8.1 Toshiba Electrolyzer Basic Information
9.8.2 Toshiba Electrolyzer Product Overview
9.8.3 Toshiba Electrolyzer Product Market Performance
9.8.4 Toshiba Business Overview
9.8.5 Toshiba Recent Developments
9.9 Yangzhou Chungdean Hydrogen Equipment
9.9.1 Yangzhou Chungdean Hydrogen Equipment Electrolyzer Basic Information
9.9.2 Yangzhou Chungdean Hydrogen Equipment Electrolyzer Product Overview
9.9.3 Yangzhou Chungdean Hydrogen Equipment Electrolyzer Product Market Performance
9.9.4 Yangzhou Chungdean Hydrogen Equipment Business Overview
9.9.5 Yangzhou Chungdean Hydrogen Equipment Recent Developments
9.10 Elogen
9.10.1 Elogen Electrolyzer Basic Information
9.10.2 Elogen Electrolyzer Product Overview
9.10.3 Elogen Electrolyzer Product Market Performance
9.10.4 Elogen Business Overview
9.10.5 Elogen Recent Developments
9.11 ITM Power
9.11.1 ITM Power Electrolyzer Basic Information
9.11.2 ITM Power Electrolyzer Product Overview
9.11.3 ITM Power Electrolyzer Product Market Performance
9.11.4 ITM Power Business Overview
9.11.5 ITM Power Recent Developments
9.12 Idroenergy Spa
9.12.1 Idroenergy Spa Electrolyzer Basic Information
9.12.2 Idroenergy Spa Electrolyzer Product Overview
9.12.3 Idroenergy Spa Electrolyzer Product Market Performance
9.12.4 Idroenergy Spa Business Overview
9.12.5 Idroenergy Spa Recent Developments
9.13 Erredue SpA
9.13.1 Erredue SpA Electrolyzer Basic Information
9.13.2 Erredue SpA Electrolyzer Product Overview
9.13.3 Erredue SpA Electrolyzer Product Market Performance
9.13.4 Erredue SpA Business Overview
9.13.5 Erredue SpA Recent Developments
9.14 Kobelco Eco-Solutions
9.14.1 Kobelco Eco-Solutions Electrolyzer Basic Information
9.14.2 Kobelco Eco-Solutions Electrolyzer Product Overview
9.14.3 Kobelco Eco-Solutions Electrolyzer Product Market Performance
9.14.4 Kobelco Eco-Solutions Business Overview
9.14.5 Kobelco Eco-Solutions Recent Developments
9.15 ShaanXi HuaQin
9.15.1 ShaanXi HuaQin Electrolyzer Basic Information
9.15.2 ShaanXi HuaQin Electrolyzer Product Overview
9.15.3 ShaanXi HuaQin Electrolyzer Product Market Performance
9.15.4 ShaanXi HuaQin Business Overview
9.15.5 ShaanXi HuaQin Recent Developments
9.16 EM Solution
9.16.1 EM Solution Electrolyzer Basic Information
9.16.2 EM Solution Electrolyzer Product Overview
9.16.3 EM Solution Electrolyzer Product Market Performance
9.16.4 EM Solution Business Overview
9.16.5 EM Solution Recent Developments
9.17 Beijing Zhongdian
9.17.1 Beijing Zhongdian Electrolyzer Basic Information
9.17.2 Beijing Zhongdian Electrolyzer Product Overview
9.17.3 Beijing Zhongdian Electrolyzer Product Market Performance
9.17.4 Beijing Zhongdian Business Overview
9.17.5 Beijing Zhongdian Recent Developments
9.18 H2B2
9.18.1 H2B2 Electrolyzer Basic Information
9.18.2 H2B2 Electrolyzer Product Overview
9.18.3 H2B2 Electrolyzer Product Market Performance
9.18.4 H2B2 Business Overview
9.18.5 H2B2 Recent Developments
9.19 Elchemtech
9.19.1 Elchemtech Electrolyzer Basic Information
9.19.2 Elchemtech Electrolyzer Product Overview
9.19.3 Elchemtech Electrolyzer Product Market Performance
9.19.4 Elchemtech Business Overview
9.19.5 Elchemtech Recent Developments
9.20 Verde LLC
9.20.1 Verde LLC Electrolyzer Basic Information
9.20.2 Verde LLC Electrolyzer Product Overview
9.20.3 Verde LLC Electrolyzer Product Market Performance
9.20.4 Verde LLC Business Overview
9.20.5 Verde LLC Recent Developments
9.21 Shandong Saksay Hydrogen Energy
9.21.1 Shandong Saksay Hydrogen Energy Electrolyzer Basic Information
9.21.2 Shandong Saksay Hydrogen Energy Electrolyzer Product Overview
9.21.3 Shandong Saksay Hydrogen Energy Electrolyzer Product Market Performance
9.21.4 Shandong Saksay Hydrogen Energy Business Overview
9.21.5 Shandong Saksay Hydrogen Energy Recent Developments
9.22 Asahi Kasei
9.22.1 Asahi Kasei Electrolyzer Basic Information
9.22.2 Asahi Kasei Electrolyzer Product Overview
9.22.3 Asahi Kasei Electrolyzer Product Market Performance
9.22.4 Asahi Kasei Business Overview
9.22.5 Asahi Kasei Recent Developments
9.23 ELB Elektrolyse technik GmbH
9.23.1 ELB Elektrolyse technik GmbH Electrolyzer Basic Information
9.23.2 ELB Elektrolyse technik GmbH Electrolyzer Product Overview
9.23.3 ELB Elektrolyse technik GmbH Electrolyzer Product Market Performance
9.23.4 ELB Elektrolyse technik GmbH Business Overview
9.23.5 ELB Elektrolyse technik GmbH Recent Developments
10 Electrolyzer Market Forecast by Region
10.1 Global Electrolyzer Market Size Forecast
10.2 Global Electrolyzer Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Electrolyzer Market Size Forecast by Country
10.2.3 Asia Pacific Electrolyzer Market Size Forecast by Region
10.2.4 South America Electrolyzer Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Electrolyzer by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Electrolyzer Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Electrolyzer by Type (2025-2030)
11.1.2 Global Electrolyzer Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Electrolyzer by Type (2025-2030)
11.2 Global Electrolyzer Market Forecast by Application (2025-2030)
11.2.1 Global Electrolyzer Sales (K Units) Forecast by Application
11.2.2 Global Electrolyzer Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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