Global Hydrogen Electrolyzer Market (Alkaline, PEM & Solid Oxide): Insights & Forecast with Potential Impact of COVID-19 (2024-2028)

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,250	65 Pages	Koncept Analytics	September, 2024	KOAN19136071

Best Price Guarantee
Price	from $1,250
Length	65 Pages
Publisher	Koncept Analytics
Published Date	September, 2024
SKU	KOAN19136071

The global hydrogen electrolyzer market is expected to reach US$497.07 million in 2028, growing at a CAGR of 6.57%, for the duration spanning 2024-2028. The market growth was driven by various factors like increasing global carbon emissions, growing production of low-carbon hydrogen, increasing production of ammonia, increasing demand for margarine, increasing production capacity of menthol and increase in demand for semiconductors. However the market growth would be challenges by lack of potent hydrogen storage facility and health effects caused by hydrogen. The market is anticipated to face certain trends such as rising production of hydrogen fuel cell electric vehicles, decline in green hydrogen production cost and increasing number of electrolyzer projects.

The global hydrogen electrolyzer market holds a lucrative future due to the rising demand for clean and green hydrogen. Ongoing acquisitions and mergers by leading manufacturing players are enhancing the industrial presence of major companies, which is driving the business scenario. Moreover, the increasing demand of electricity across heating, transportation and industrial activities is providing opportunities for global market expansion.

The global hydrogen market by region can be segmented as follows: North America, Europe, Asia Pacific, South America and Middle East & Africa. In 2023, North America dominated the global market due to the increased application of hydrogen. However, outbreak of the COVID-19 pandemic has caused a slowdown in the global market due to delay in the adoption of green hydrogen and postponement of the pipeline electrolysis projects.

Scope of the report:

The report provides a comprehensive analysis of the global hydrogen electrolyzer market.

The major regional markets (North America, Europe, Asia Pacific, South America and Middle East & Africa) have been analyzed.

The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.

The competitive landscape of the market, along with the company profiles of leading players (Siemens AG, ITM Power, NEL ASA, FuelCell Energy, Air Liquide and Plug Power) are also presented in detail.

Key Target Audience:

Hydrogen Electrolyzer Manufacturers

Supply Chain Partners

End Users (Businesses/ Consumers)

Consulting Firms

Investment Banks

Government Bodies & Regulating Authorities

1. Market Overview: 1.1 Introduction; 1.2 Major Types of Electrolyzer Technology; Table 1: Major Types of Electrolyzer Technology; 1.3 Comparison of PEM and Alkaline Electrolysis Technologies; Table 2: Comparison of PEM and Alkaline Electrolysis Technologies; 1.4 Opportunities for Electrolysis; 1.5 A Clean Hydrogen Economy; Table 3: A Clean Hydrogen Economy
2. COVID-19 Impact: 2.1 Use of Hydrogen Peroxide; Table 4: Global Hydrogen Peroxide Disinfectant Market Forecast by Value (2020-2023); 2.2 Impact on Chemical Industry; Table 5: Worldwide Percentage Change in Chemical Production by Type (2019-2020); 2.3 Delay in The Adoption of Clean Hydrogen
3. Global Market: 3.1 Global Hydrogen Electrolyzer Market by Value; Table 6: Global Hydrogen Electrolyzer Market by Value (2019-2023); 3.2 Global Hydrogen Electrolyzer Market Forecast by Value; Table 7: Global Hydrogen Electrolyzer Market Forecast by Value (2024-2028); 3.3 Global Hydrogen Electrolyzer Market Value by Product Type; Table 8: Global Hydrogen Electrolyzer Market by Product Type (2023); 3.3.1 Global Alkaline Electrolyzer Market by Value; Table 9: Global Alkaline Electrolyzer Market by Value (2019-2023); 3.3.2 Global Alkaline Electrolyzer Market Forecast by Value; Table 10: Global Alkaline Electrolyzer Market Forecast by Value (2024-2028); 3.3.3 Global Proton Exchange Membrane (PEM) Electrolyzer Market by Value; Table 11: Global Proton Exchange Membrane (PEM) Electrolyzer Market by Value (2019-2023); 3.3.4 Global Proton Exchange Membrane (PEM) Electrolyzer Market Forecast by Value; Table 12: Global Proton Exchange Membrane (PEM) Electrolyzer Market Forecast by Value; (2024-2028); 3.3.5 Global Solid Oxide Electrolyzer Market by Value; Table 13: Global Solid Oxide Electrolyzer Market by Value (2019-2023); 3.3.6 Global Solid Oxide Electrolyzer Market Forecast by Value; Table 14: Global Solid Oxide Electrolyzer Market Forecast by Value (2024-2028); 3.4 Global Hydrogen Electrolyzer Market by Regions; Table 15: Global Hydrogen Electrolyzer Market by Regions (2023)
4. Regional Market: 4.1 North America; 4.1.1 North America Hydrogen Electrolyzer Market by Value; Table 16: North America Hydrogen Electrolyzer Market by Value (2019-2023); 4.1.2 North America Hydrogen Electrolyzer Market Forecast by Value; Table 17: North America Hydrogen Electrolyzer Market Forecast by Value (2024-2028); 4.2 Europe; 4.2.1 Europe Hydrogen Electrolyzer Market by Value; Table 18: Europe Hydrogen Electrolyzer Market Forecast by Value (2019-2023); 4.2.2 Europe Hydrogen Electrolyzer Market Forecast by Value; Table 19: Europe Hydrogen Electrolyzer Market Forecast by Value (2024-2028); 4.3 Asia Pacific; 4.3.1 Asia Pacific Hydrogen Electrolyzer Market by Value; Table 20: Asia Pacific Hydrogen Electrolyzer Market by Value (2019-2023); 4.3.2 Asia Pacific Hydrogen Electrolyzer Market Forecast by Value; Table 21: Asia Pacific Hydrogen Electrolyzer Market Forecast by Value (2024-2028); 4.4 South America; 4.4.1 South America Hydrogen Electrolyzer Market by Value; Table 22: South America Hydrogen Electrolyzer Market by Value (2019-2023); 4.4.2 South America Hydrogen Electrolyzer Market Forecast by Value; Table 23: South America Hydrogen Electrolyzer Market Forecast by Value (2024-2028); 4.5 Middle East & Africa; 4.5.1 Middle East & Africa Hydrogen Electrolyzer Market by Value; Table 24: Middle East & Africa Hydrogen Electrolyzer Market by Value (2019-2023); 4.5.2 Middle East & Africa Hydrogen Electrolyzer Market Forecast by Value; Table 25: Middle East & Africa Hydrogen Electrolyzer Market Forecast by Value (2024-2028)
5. Market Dynamics: 5.1 Growth Drivers; 5.1.1 Growing Carbon Emissions; Table 26: Global Annual Carbon Dioxide (CO₂) Emissions (2018-2023); 5.1.2 Increasing Production of Low-Carbon Hydrogen; Table 27: Global Production of Low-Carbon Hydrogen (2018-2023); 5.1.3 Increasing Production of Ammonia; Table 28: Global Ammonia Production (2017-2023); 5.1.4 Increasing Demand for Margarine; Table 29: Global Margarine Market (2018-2023); 5.1.5 Increasing Production Capacity of Methanol; Table 30: Global Production Capacity of Methanol (2018-2024); 5.1.6 Increase in Demand for Semiconductor; Table 31: Global Semiconductor Market (2020-2024); 5.2 Key Trends & Developments; 5.2.1 Increasing Production of Hydrogen Fuel Cell Electric Vehicle; Table 32: Global Production of Hydrogen Fuel Cell Electric Vehicle (2017-2027); 5.2.2 Upsurge in Electrolysis Capacity; Table 33: Global Electrolysis Capacity (2019-2025); 5.2.3 Decline in Green Hydrogen Production Cost; Table 34: Global Hydrogen Green Production Cost (2020-2050); 5.2.4 Increasing Number of Hydrogen Electrolyzer Projects; Table 35: Global Electrolyzer Projects (2020-2030); 5.2.5 Growth in Hydrogen Demand; Table 36: Global Hydrogen Demand by Segments (2015-2050); 5.3 Challenges; 5.3.1 Lack of Potent Hydrogen Storage Facilities; 5.3.2 Health Effects of Hydrogen
6. Company Profiles: 6.1 Siemens AG; 6.1.1 Business Overview; 6.2 Air Liquide; 6.2.1 Business Overview; 6.3 Plug Power; 6.3.1 Business Overview; 6.4 Nel ASA; 6.4.1 Business Overview; 6.5 FuelCell Energy; 7.5.1 Business Overview; 6.6 ITM Power; 6.6.1 Business Overview

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Global Hydrogen Electrolyzer Market (Alkaline, PEM & Solid Oxide): Insights & Forecast with Potential Impact of COVID-19 (2024-2028)