Electrolyzer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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from $4,595	220 Pages	Fairfield Market Research	July, 2023	FCSL18089905

Best Price Guarantee
Price	from $4,595
Length	220 Pages
Publisher	Fairfield Market Research
Published Date	July, 2023
SKU	FCSL18089905

The global electrolyzer market is experiencing significant growth due to its utilization in various industries, including flat glass manufacturing, semiconductor applications, steel production, and eco-friendly chemical production such as methanol, fertilizers, ammonia, and liquid jet fuel. The surge in demand for clean energy sources driven by increasing environmental awareness and concerns over carbon emissions has led to supportive government policies and a growing market for electrolyzers. Additionally, the rising adoption of electric vehicles is boosting the demand for hydrogen electrolyzers and refueling stations, providing further growth opportunities for the electrolyzer industry. Leading players are investing in innovative research and development to promote green hydrogen use and create carbon-free products, fostering a positive outlook for the global electrolyzer market.

Market Expansion Driven by Rising Energy Demand and Decarbonization Initiatives

Governments' promising initiatives to meet the escalating energy demand and electrify rural areas are positively impacting the electrolyzer market. The emphasis on low-carbon technologies and the pursuit of smart urban centers through new infrastructure projects are driving industry leaders to invest in smart technologies sustainably. As countries seek hydrogen energy to replace fossil fuels and achieve their decarbonization goals, the demand for electrolyzers is expected to surge in various sectors, including semiconductors, glass, mining, and food & beverages.

Alkaline Electrolyzers to Witness Diverse End-Use Applications

Among the main types of electrolyzers, alkaline electrolyzers are projected to generate substantial revenue streams, driven by their increasing demand in international markets. The superior properties of alkaline electrolyzers, such as long-term stability, low maintenance and installation costs, high efficiency and durability, contribute to their popularity. They also have a longer lifespan, wider operating temperature range, and lower power and current densities, making them suitable for various industries. Due to these favorable characteristics, alkaline electrolyzers are expected to witness higher end-use applications in a wide range of industries.

North America Leads the Electrolyzer Market

North America is set to dominate the global electrolyzer market in terms of value and volume. The region's growth is fueled by the increasing demand for green hydrogen, strong commitments to decarbonization, and the transition from gas or diesel-powered public transportation. North America's status as an emerging tech hub also encourages strategic partnerships. Additionally, Europe's legislative framework promoting energy security is expected to significantly expand its electrolyzer market during the forecast period.

Leading Market Players

Major players in the electrolyzer market include Nel Hydrogen, Gaztransport & Technigaz, Next Hydrogen, Air Liquide, Bloom Energy, Ltd., SwissHydrogen SA, Siemens AG, iGas Energy GmbH, Enapter, Ballard Power Systems, Plug Power Inc., and Beijing CEI Technology Co., Ltd., among others.

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1. Executive Summary: 1.1. Global Electrolyzer Market Snapshot; 1.2. Key Market Trends; 1.3. Future Projections; 1.4. Analyst Recommendations
2. Market Overview: 2.1. Market Definitions and Segmentations; 2.2. Market Dynamics; 2.2.1. Drivers; 2.2.1.1. Driver A; 2.2.1.2. Driver B; 2.2.1.3. Driver C; 2.2.2. Restraints; 2.2.2.1. Restraint 1; 2.2.2.2. Restraint 2; 2.2.3. Market Opportunities Matrix; 2.3. Value Chain Analysis; 2.4. Porter’s Five Forces Analysis; 2.5. Covid-19 Impact Analysis; 2.5.1. Pre-covid and Post-covid Scenario; 2.5.2. Supply Impact; 2.5.3. Demand Impact; 2.6. Government Regulations; 2.7. Trending: Green Hydrogen Market – Overview; 2.8. Technology Landscape; 2.9. Economic Analysis; 2.10. PESTLE
3. Production Output Statistics, 2018 - 2022: 3.1. Regional Production Statistics; 3.1.1. North America; 3.1.2. Europe; 3.1.3. Asia Pacific; 3.1.4. Latin America; 3.1.5. Middle East & Africa
4. Price Trends Analysis and Future Projects, 2018 - 2030: 4.1. Key Highlights; 4.2. Prominent Factors Affecting Prices; 4.3. By Technology; 4.4. By Region
5. Global Electrolyzer Market Outlook, 2018 - 2030: 5.1. Global Electrolyzer Market Outlook, by Technology, Volume (MW) and Value (US$ Mn), 2018 - 2030; 5.1.1. Key Highlights; 5.1.1.1. Polymer Electrolyte Membrane (PEM); 5.1.1.2. Alkaline; 5.1.1.3. Solid Oxide Electrolyzer Cell (SOEC); 5.1.1.4. Anion Exchange Membrane (AEM); 5.2. Global Electrolyzer Market Outlook, by End-user, Volume (MW) and Value (US$ Mn), 2018 - 2030; 5.2.1. Key Highlights; 5.2.1.1. Chemical; 5.2.1.2. Metallurgy; 5.2.1.3. Refining; 5.2.1.4. Transportation; 5.2.1.5. Electricity & Heating; 5.2.1.6. Misc.; 5.2.2. BPS Analysis/Market Attractiveness Analysis; 5.3. Global Electrolyzer Market Outlook, by Region, Volume (MW) and Value (US$ Mn), 2018 - 2030; 5.3.1. Key Highlights; 5.3.1.1. North America; 5.3.1.2. Europe; 5.3.1.3. Asia Pacific; 5.3.1.4. Latin America; 5.3.1.5. Middle East & Africa; 5.3.2. BPS Analysis/Market Attractiveness Analysis
6. North America Electrolyzer Market Outlook, 2018 - 2030: 6.1. North America Electrolyzer Market Outlook, by Technology, Volume (MW) and Value (US$ Mn), 2018 - 2030; 6.1.1. Key Highlights; 6.1.1.1. Polymer Electrolyte Membrane (PEM); 6.1.1.2. Alkaline; 6.1.1.3. Solid Oxide Electrolyzer Cell (SOEC); 6.1.1.4. Anion Exchange Membrane (AEM); 6.2. North America Electrolyzer Market Outlook, by End-user, Volume (MW) and Value (US$ Mn), 2018 - 2030; 6.2.1. Key Highlights; 6.2.1.1. Chemical; 6.2.1.2. Metallurgy; 6.2.1.3. Refining; 6.2.1.4. Transportation; 6.2.1.5. Electricity & Heating; 6.2.1.6. Misc.; 6.3. North America Electrolyzer Market Outlook, by Country, Volume (MW) and Value (US$ Mn), 2018 - 2030; 6.3.1. Key Highlights; 6.3.1.1. U.S.; 6.3.1.2. Canada; 6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Europe Electrolyzer Market Outlook, 2018 - 2030: 7.1. Europe Electrolyzer Market Outlook, by Technology, Volume (MW) and Value (US$ Mn), 2018 - 2030; 7.1.1. Key Highlights; 7.1.1.1. Polymer Electrolyte Membrane (PEM); 7.1.1.2. Alkaline; 7.1.1.3. Solid Oxide Electrolyzer Cell (SOEC); 7.1.1.4. Anion Exchange Membrane (AEM); 7.2. Europe Electrolyzer Market Outlook, by End-user, Volume (MW) and Value (US$ Mn), 2018 - 2030; 7.2.1. Key Highlights; 7.2.1.1. Chemical; 7.2.1.2. Metallurgy; 7.2.1.3. Refining; 7.2.1.4. Transportation; 7.2.1.5. Electricity & Heating; 7.2.1.6. Misc.; 7.3. Europe Electrolyzer Market Outlook, by Country, Volume (MW) and Value (US$ Mn), 2018 - 2030; 7.3.1. Key Highlights; 7.3.1.1. Germany; 7.3.1.2. France; 7.3.1.3. U.K.; 7.3.1.4. Italy; 7.3.1.5. Spain; 7.3.1.6. Russia; 7.3.1.7. Rest of Europe; 7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Asia Pacific Electrolyzer Market Outlook, 2018 - 2030: 8.1. Asia Pacific Electrolyzer Market Outlook, by Technology, Volume (MW) and Value (US$ Mn), 2018 - 2030; 8.1.1. Key Highlights; 8.1.1.1. Polymer Electrolyte Membrane (PEM); 8.1.1.2. Alkaline; 8.1.1.3. Solid Oxide Electrolyzer Cell (SOEC); 8.1.1.4. Anion Exchange Membrane (AEM); 8.2. Asia Pacific Electrolyzer Market Outlook, by End-user, Volume (MW) and Value (US$ Mn), 2018 - 2030; 8.2.1. Key Highlights; 8.2.1.1. Chemical; 8.2.1.2. Metallurgy; 8.2.1.3. Refining; 8.2.1.4. Transportation; 8.2.1.5. Electricity & Heating; 8.2.1.6. Misc.; 8.3. Asia Pacific Electrolyzer Market Outlook, by Country, Volume (MW) and Value (US$ Mn), 2018 - 2030; 8.3.1. Key Highlights; 8.3.1.1. China; 8.3.1.2. Japan; 8.3.1.3. South Korea; 8.3.1.4. India; 8.3.1.5. Southeast Asia; 8.3.1.6. Rest of Asia Pacific; 8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Latin America Electrolyzer Market Outlook, 2018 - 2030: 9.1. Latin America Electrolyzer Market Outlook, by Technology, Volume (MW) and Value (US$ Mn), 2018 - 2030; 9.1.1. Key Highlights; 9.1.1.1. Polymer Electrolyte Membrane (PEM); 9.1.1.2. Alkaline; 9.1.1.3. Solid Oxide Electrolyzer Cell (SOEC); 9.1.1.4. Anion Exchange Membrane (AEM); 9.2. Latin America Electrolyzer Market Outlook, by End-user, Volume (MW) and Value (US$ Mn), 2018 - 2030; 9.2.1. Key Highlights; 9.2.1.1. Chemical; 9.2.1.2. Metallurgy; 9.2.1.3. Refining; 9.2.1.4. Transportation; 9.2.1.5. Electricity & Heating; 9.2.1.6. Misc.; 9.3. Latin America Electrolyzer Market Outlook, by Country, Volume (MW) and Value (US$ Mn), 2018 - 2030; 9.3.1. Key Highlights; 9.3.1.1. Brazil; 9.3.1.2. Mexico; 9.3.1.3. Rest of Latin America; 9.3.2. BPS Analysis/Market Attractiveness Analysis
10. Middle East & Africa Electrolyzer Market Outlook, 2018 - 2030: 10.1. Middle East & Africa Electrolyzer Market Outlook, by Technology, Volume (MW) and Value (US$ Mn), 2018 - 2030; 10.1.1. Key Highlights; 10.1.1.1. Polymer Electrolyte Membrane (PEM); 10.1.1.2. Alkaline; 10.1.1.3. Solid Oxide Electrolyzer Cell (SOEC); 10.1.1.4. Anion Exchange Membrane (AEM); 10.2. Middle East & Africa Electrolyzer Market Outlook, by End-user, Volume (MW) and Value (US$ Mn), 2018 - 2030; 10.2.1. Key Highlights; 10.2.1.1. Chemical; 10.2.1.2. Metallurgy; 10.2.1.3. Refining; 10.2.1.4. Transportation; 10.2.1.5. Electricity & Heating; 10.2.1.6. Misc.; 10.3. Middle East & Africa Electrolyzer Market Outlook, by Country, Volume (MW) and Value (US$ Mn), 2018 - 2030; 10.3.1. Key Highlights; 10.3.1.1. GCC; 10.3.1.2. South Africa; 10.3.1.3. Rest of Middle East & Africa; 10.3.2. BPS Analysis/Market Attractiveness Analysis
11. Competitive Landscape: 11.1. Company Market Share Analysis, 2022; 11.2. Competitive Dashboard; 11.3. Company Profiles; 11.3.1. LONGi; 11.3.1.1. Company Overview; 11.3.1.2. Product Portfolio; 11.3.1.3. Financial Overview; 11.3.1.4. Business Strategies and Development; 11.3.2. PERIC; 11.3.3. John Cockerill; 11.3.4. Auyan; 11.3.5. NEL ASA; 11.3.6. thyssenkrupp; 11.3.7. Cummins; 11.3.8. ITM POWER; 11.3.9. Plug Power; 11.3.10. Ohmium; 11.3.11. McPhy; 11.3.12. Siemens Energy; 11.3.13. Sunfire; 11.3.14. HydrogenPro; 11.3.15. SinoHy
12. Appendix: 12.1. Research Methodology; 12.2. Report Assumptions; 12.3. Acronyms and Abbreviations

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Electrolyzer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)