The Electrolysers are a very important invention for the production of low-emission hydrogen from renewable sources. The surging demand for hydrogen production in past few years have provided positive signal to electrolysers production
In the Net No Emission by 2050 Situation, low-discharges hydrogen assumes a key part in areas that are difficult to decarbonise, like weighty industry and significant distance transport, with electrolysis controlled by sustainable power being the primary course of creation
Report Insight:
In 2022, electrolyser manufacturing capacity increased by nearly 25% from 2021.
Countries such as China, United States and European Union have laid out the policies for the propulsion of hydrogen production. For instance, China accounted for almost 38% of global production
Installed electrolyser are costing the range of USD 4501-400/kWe for alkaline technology, USD 1230-1 800/kWe for PEM.
CSP Analytics Solutions has investigated other advancements, which are taking place in the market.
The Global Electrolyzer Market is expected to offer an $ opportunity of USD 58,562.16 Million over the analysis period i.e.2022-2035. Market was estimated USD XX million during 2022 and expected to grow at a significant CAGR XX% over the projected period. And by 2035, the market is expected to touch USD XX million.
Electrolyzer Market Segmentation:
Global Electrolyzer Market
Base Year:
2023
Forecast Period:
2023-2035
Historical Data:
2022 to 2023
Market Size in 2022:
USD XX Million
Forecast Period 2024-35 CAGR:
XX%
Market Size in 2035:
USD XX Million
Turbine Type
Solid Oxide Electrolyzer
PEM Electrolyzer
Alkaline Electrolyzer
Segments Covered:
By Capacity
Less than 500 kW
500 kW - 2 MW
More than 2 MW
By Application
Power plants
Steel plant
Energy storage for fuel cells
Electronics and photovoltaics
Industrial gases
Others
Companies Investigated in 'the Report:
H-Tec Systems
Asahi Kasei
INEOS
Brise Chemicals
Ohmium
Nel Hydrogen
Next Hydrogen
Hydrogenics
Cipher Neutron
Hysata
H-Tec Systems
Teledyne Energy Systems
Shandong Saikesaisi Hydrogen Energy Co., Ltd.
Siemens
Green Hydrogen Systems
Other major players
Electrolyzer Market Dynamics: Investigated in report
Surging Investment in green technologies
Rising demand for green hydrogen production across end use industry
Government Initiatives:
Initiatives have been taken at country-level and regional-level to endorse hydrogen production. For instance.
European Union has extended support of EUR 5.4 billion for hydrogen related projects. In Mar, 2023: EU hydrogen bank has been launched
Germany rolled out H2Global Initiatives
Electrolyzer Market Challenges: Explored in report
Installation and maintenance cost
Asymmetric regional policies
Recent Trends in the Market:
Report has covered the trends across various aspects of the market. Few of the latest trends described below:
Rising Investments in hydrogen related projects
Investment from market players
New product launches. For instance. Ohmium launches India's first green hydrogen electrolyzer
Electrolyzer Market Regional Analysis:
Report has fragmented the total market in five regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Each mapped region has been examined at granular level, based on certain parameters:
North America Electrolyzer Market Forecast
Market Size and Forecast 2023-2035
Market Segment Attractiveness Evaluation
Future Potential
Economic Viability Assessment
Production Capacity
Pricing/Installation cost
Challenges in installation
Use Case Analysis
Regional Policy Analysis
Regulatory Framework Assessment
Investment Analysis
Latest Trends in the Market
Key Players in the Market and their Market share (%)
Market Fragmented by Country
United States
Canada
Europe Electrolyzer Market Forecast
Market Size and Forecast 2023-2035
Market Segment Attractiveness Evaluation
Future Potential
Economic Viability Assessment
Production Capacity
Pricing/Installation cost
Challenges in installation
Use Case Analysis
Regional Policy Analysis
Regulatory Framework Assessment
Investment Analysis
Latest Trends in the Market
Key Players in the Market and their Market share (%)
Market Fragmented by Country
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific Electrolyzer Market Forecast
Market Size and Forecast 2023-2035
Market Segment Attractiveness Evaluation
Future Potential
Economic Viability Assessment
Production Capacity
Pricing/Installation cost
Challenges in installation
Use Case Analysis
Regional Policy Analysis
Regulatory Framework Assessment
Investment Analysis
Latest Trends in the Market
Key Players in the Market and their Market share (%)
Market Fragmented by Country
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
Latin America Electrolyzer Market Forecast
Market Size and Forecast 2023-2035
Market Segment Attractiveness Evaluation
Future Potential
Economic Viability Assessment
Production Capacity
Pricing/Installation cost
Challenges in installation
Use Case Analysis
Regional Policy Analysis
Regulatory Framework Assessment
Investment Analysis
Latest Trends in the Market
Key Players in the Market and their Market share (%)
Market Fragmented by Country
Brazil
Mexico
Rest of Latin America
Middle East and Africa Electrolyzer Market Forecast
Market Size and Forecast 2023-2035
Market Segment Attractiveness Evaluation
Future Potential
Economic Viability Assessment
Production Capacity
Pricing/Installation cost
Challenges in installation
Use Case Analysis
Regional Policy Analysis
Regulatory Framework Assessment
Investment Analysis
Latest Trends in the Market
Key Players in the Market and their Market share (%)
Market Fragmented by Country
Saudi Arabia
UAE
Israel
South Africa
Nigeria
Rest of Middle East and Africa
Electrolyzer Market Competitive Landscape:
Players in Market Space - Players explored in the report has been analyzed at various parameters. Analysis done around, product offerings, product comparative analysis, financial health, market share, collaboration and partnership, patents, funding secures, technology outlook, future strategic move and investment.
Companies Profiled in the Report:
H-Tec Systems
Asahi Kasei
INEOS
Brise Chemicals
Ohmium
Nel Hydrogen
Next Hydrogen
Hydrogenics
Cipher Neutron
Hysata
H-Tec Systems
Teledyne Energy Systems
Shandong Saikesaisi Hydrogen Energy Co., Ltd.
Siemens
Green Hydrogen Systems
Others major players
Report Addressed Common Questions Pertaining to the Market:
Global and Regional Market Potential…??
Segment Attractiveness Analysis….?
Which country/region Provides Lucrative Opportunities….??
Leading Players and their Strategic Developments and Market Share….?
Latest Trends Shaping the Market….??
Market Gap Analysis….?
Other Relevant Question
Reason to buy this report:
Fostering Understanding on Electrolyzer Market
In Order to Understand the Market Potential
Identifying Opportunities in Fulfilling Market Unmet Need
Opportunity Analysis (opportunity exist in the market for players)
Market Assessment from Investment Perspective (Interest of Different Stakeholders including Investors)
New Technological Developments in the Market
To Know Current and Future Market Trends
Key Players and their Key Strategic Move
Covers, Historical, Estimated and Forecasted Number for Better Market Analysis