Latest research report on “Electrolyzer Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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.
This report contains market size and forecasts of Electrolyzer in global, including the following market information:
Global Electrolyzer Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electrolyzer Market Sales, 2017-2022, 2023-2028, (Unit)
Global top five Electrolyzer companies in 2021 (%)
The global Electrolyzer market was valued at 225.5 million in 2021 and is projected to reach US$ 710 million by 2028, at a CAGR of 17.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Traditional Alkaline Electroliser Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electrolyzer include Cummins, Teledyne Energy Systems, Suzhou Jingli, McPhy, TianJin Mainland, Siemens, Nel Hydrogen, Toshiba and Yangzhou Chungdean Hydrogen Equipment, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electrolyzer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrolyzer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Electrolyzer Market Segment Percentages, by Type, 2021 (%)
– Traditional Alkaline Electroliser
– PEM Electroliser
Global Electrolyzer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Electrolyzer Market Segment Percentages, by Application, 2021 (%)
– Power Plants
– Steel Plant
– Electronics and Photovoltaics
– Industrial Gases
– Energy Storage or Fueling for FCEV’s
– Power to Gas
– Others
Global Electrolyzer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Electrolyzer Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrolyzer revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electrolyzer revenues share in global market, 2021 (%)
Key companies Electrolyzer sales in global market, 2017-2022 (Estimated), (Unit)
Key companies Electrolyzer sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– 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
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