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市场调查报告书
商品编码
1390867

2023-2028 年电解槽市场报告(按产品、产能、应用和地区)

Electrolyzer Market Report by Product, Capacity, Application, and Region 2023-2028

出版日期: | 出版商: IMARC | 英文 147 Pages | 商品交期: 2-3个工作天内

价格

抽象的

2022年全球电解槽市场规模达4.617亿美元。展望未来, IMARC Group预计到2028年市场规模将达到7.963亿美元,2022-2028年复合年增长率(CAGR)为9.51%。政府推出的众多促进再生能源的倡议、各行业对氢的需求不断增长、对永续发展的加强关注以及技术的不断进步是推动市场的一些主要因素。

电解槽是一种利用称为电解的电化学过程将水或其他化合物分解为其组成元素的装置。它由电解质溶液和两个电极组成,通常由金属或金属氧化物等导电材料製成。当电流通过电解质时,会在电极上引发化学反应。它们在氢气的生产中发挥着至关重要的作用,氢气被认为是一种清洁且多功能的能源载体。透过利用再生电力,它们可以生产绿色氢,这在燃料电池、能源储存、运输和工业过程等应用中具有巨大潜力。

再生能源的整合是市场的重要驱动因素。再生能源,例如太阳能和风能,呈现间歇性发电模式。电解槽提供了一种解决方案,可在发电高峰期透过水电解将多余的再生能源转化为氢气。这个过程可以实现能量储存和电网平衡,有效解决再生能源的间歇性挑战。此外,人们对利用氢作为交通、暖气和发电燃料的兴趣日益浓厚,这为市场创造了积极的前景。此外,钢铁生产、氨生产和合成燃料等各种应用正在探索氢的整合以减少碳排放,这推动了市场的成长。技术的不断进步进一步促进了全球市场的扩张。

电解槽市场趋势/驱动因素:

有利的政府措施和政策

政府多项利好措施和政策的实施对市场产生重大影响。世界各国都在积极推动再生能源的采用和脱碳策略,电解槽在其中扮演至关重要的角色。各国政府正在实施补贴、赠款、税收优惠和优惠法规等支援政策,以加速电解槽的部署和氢气的生产。这些措施旨在刺激对电解技术的投资,鼓励研究和开发,并创造有利的市场环境。强而有力的政府支持为投资者和利害关係人提供了稳定性和信心,促进了市场的成长。

对氢的需求不断增长

对氢的需求不断增长是推动市场的另一个关键因素。氢作为一种清洁且多功能的能源载体而受到关注,具有使交通、工业和发电等各部门脱碳的潜力。它们对于生产氢气,尤其是使用再生能源透过电解产生的绿色氢气至关重要。作为燃料电池的燃料、工业製程的原料和再生能源的储存介质,对氢的需求不断增长,为製造商创造了巨大的市场机会。人们对氢作为永续能源解决方案的兴趣日益浓厚,正在推动技术投资并促进市场扩张。

技术进步和成本降低

技术进步和成本降低是市场成长的主要动力。多年来,技术取得了重大进步,提高了效率、可扩展性和耐用性。研究和开发工作的重点是增强催化剂材料、薄膜技术、电极设计和系统整合。这些进步带来了更高的效能、更长的系统寿命和更少的维护要求。随着系统成本不断下降,它们在经济上变得更加可行,并且对更广泛的应用和行业更具吸引力。持续的技术进步和降低成本的努力正在增强市场竞争力,从而扩大全球市场。

电解槽产业细分:

IMARC Group提供了全球电解槽市场报告各细分市场主要趋势的分析,以及 2023-2028 年全球、区域和国家层面的预测。我们的报告根据产品、产能和应用对市场进行了分类。

按产品划分:

碱性电解槽

质子交换膜电解槽

固态氧化物电解槽

碱性电解槽代表最大的细分市场

该报告根据产品提供了详细的市场细分和分析。这包括碱性电解槽、质子交换膜电解槽和固体氧化物电解槽。根据该报告,碱性电解槽占据了最大的份额。

与其他类型相比,碱性电解槽相对具有成本效益。这使得它们成为主要关注以较低成本生产氢气的应用的有吸引力的选择。碱性变体的成本优势源于在电极结构中使用丰富且廉价的材料,例如镍基催化剂。它们还具有很高的效率水平,这有助于它们的受欢迎。它们可以实现高电流密度,从而提高单位尺寸的氢气生产率。这种效率使它们适合氢气需求量高的应用,例如工业製程和大规模能源储存。此外,它们增强的可靠性和耐用性也有助于提高其使用率。其稳健的设计和更简单的操作使它们不易出现性能问题并且更易于维护。

按容量划分:

小于500千瓦

500千瓦至2兆瓦

2兆瓦以上

500kW至2MW占据大部分市场份额

该报告根据产能对市场进行了详细的细分和分析。这包括 500 kW 以下、500 kW 至 2 MW 以及 2 MW 以上。根据该报告,500 kW 至 2 MW 是最大的细分市场。

500 kW 至 2 MW 范围内的电解槽被认为适合广泛的应用,包括工业製程、能源储存和加氢站的氢气生产。它们具有强大的容量,可以满足各个行业对氢气的需求,同时在安装空间、操作要求和成本方面保持可控。此外,此容量范围非常符合新兴氢经济的需求。随着氢气需求持续增长,特别是在旨在减少碳排放和向清洁能源过渡的行业中,500 kW 至 2 MW 范围内的产品提供了可行的解决方案。它们可以满足中型氢气生产需求,并有助于扩大氢气基础设施。

按应用划分:

发电

运输

工业能源

工业原料

建筑热力发电

其他的

发电是最大的市场领域

该报告根据应用程式提供了详细的市场细分和分析。这包括发电、交通、工业能源、工业原料、建筑​​热电等。报告称,发电是最大的部分。

发电产业大量采用产品的主要驱动力之一是对再生能源整合的日益关注。透过在发电高峰期利用多余的再生能源,电解槽可以将其转化为氢气并将其储存。当再生能源供应不足或间歇时,这些储存的氢气可以用作灵活且清洁的发电能源。它们能够将再生能源与氢气生产结合起来,有助于建立更永续和可靠的发电系统。此外,它们也为再生能源的长期储存提供了潜在的解决方案。由于再生能源会受到波动和季节变化的影响,电解槽可以在高产量期间储存多余的能量,并将其转化为氢气,从而可以长期储存。然后可以在高需求或再生能源可用性低的时期利用储存的氢气,确保稳定和持续的电力供应。

按地区划分:

北美洲

美国

加拿大

亚太

中国

日本

印度

韩国

澳洲

印尼

其他的

欧洲

德国

法国

英国

义大利

西班牙

俄罗斯

其他的

拉丁美洲

巴西

墨西哥

其他的

中东和非洲

欧洲表现出明显的主导地位,占据最大的电解槽市场份额

该报告还对所有主要区域市场进行了全面分析,其中包括北美(美国和加拿大);欧洲(德国、法国、英国、义大利、西班牙、俄罗斯等);亚太地区(中国、日本、印度、韩国、澳洲、印尼等);拉丁美洲(巴西、墨西哥等);以及中东和非洲。

欧洲正在不断努力鼓励再生能源的采用和脱碳。该地区的目标是减少温室气体排放并转向清洁能源。对永续性的关注为电解槽的开发和部署创造了有利的环境,这对于再生能源整合和氢气生产至关重要。该地区的一些国家已经实施了上网电价补贴、补贴和碳定价机制等支持性政策,以激励技术的采用并促进氢经济的成长。

此外,欧洲拥有发达的氢基础设施和市场。该地区在加氢站、氢动力交通和工业过程中的氢气利用方面进行了大量投资。现有的基础设施为电解槽装置的扩展和更广泛地采用氢作为能源载体提供了坚实的基础。

竞争格局:

市场上的顶尖公司正在投资研发活动,以改善技术、提高效率、提高耐用性并降低成本。研发工作重点是开发先进材料、催化剂和薄膜技术,以优化性能并应对产业的关键挑战。他们不断开发具有改进特性和功能的新模型并将其商业化。这包括开发具有更高生产能力的产品、更好地与再生能源整合、增强的控制系统和改进的安全功能。目的是满足各个行业和应用不断变化的需求。除此之外,这些主要参与者还与其他行业参与者、研究机构和能源公司建立伙伴关係和合作,以利用专业知识、共享知识并加速技术开发。合作使公司能够进入新市场,共同开展研究项目,并促进产品融入更广泛的氢价值链。

该报告对市场竞争格局进行了全面分析。也提供了所有主要公司的详细资料。市场上的一些主要参与者包括:

液化空气公司

空气化工产品公司

旭化成株式会社

康明斯公司

ITM电力公司

林德公司

麦克菲能源公司

内尔·阿萨

插头电源公司

西门子公司

钛钽製品有限公司

东芝公司

最近的发展:

2022 年,西门子股份公司获得了丹麦绿色能源专案开发商和营运商欧洲能源公司的订单,交付电解槽工厂。该公司正在开发大型电子甲醇商业生产设施,其中氢气将由西门子能源公司的 50 兆瓦 (MW) 工厂提供。这是绿色转型的关键时刻,因为这些公司的目标是推动航运业的脱碳。

康明斯公司宣布于 2023 年推出康明斯新动力业务部门的新品牌 Accelera by Cummins。预计品牌将提供多样化的零排放解决方案组合,同时帮助客户加速向永续未来的过渡。这将有助于该公司在不同的应用领域实现全产业脱碳。

液化空气集团和西门子股份公司于 2022 年成立了一家合资企业,在欧洲生产大型再生氢电解槽。两家公司均同意在合作伙伴关係框架内提供研发能力,共同开发下一代技术。

本报告回答的关键问题:

  • 迄今为止,全球电解槽市场表现如何,未来几年将如何表现?
  • 全球电解槽市场的驱动因素、限制因素和机会是什么?
  • 每个驱动因素、限制因素和机会对全球电解槽市场有何影响?
  • 主要区域市场有哪些?
  • 哪些国家代表了最具吸引力的电解槽市场?
  • 基于产品的市场区隔是什么?
  • 电解槽市场上最具吸引力的产品是什么?
  • 依产能分類的市场是怎么样的?
  • 电解槽市场哪项产能最具吸引力?
  • 基于应用程式的市场区隔是什么?
  • 电解槽市场哪项应用最具吸引力?
  • 全球电解槽市场竞争格局如何?
  • 全球电解槽市场的主要参与者/公司有哪些?

本报告回答的关键问题:

  • 迄今为止,全球电解槽市场表现如何,未来几年将如何表现?
  • 全球电解槽市场的驱动因素、限制因素和机会是什么?
  • 每个驱动因素、限制因素和机会对全球电解槽市场有何影响?
  • 主要区域市场有哪些?
  • 哪些国家代表了最具吸引力的电解槽市场?
  • 基于产品的市场区隔是什么?
  • 电解槽市场上最具吸引力的产品是什么?
  • 依产能分類的市场是怎么样的?
  • 电解槽市场哪项产能最具吸引力?
  • 基于应用程式的市场区隔是什么?
  • 电解槽市场哪项应用最具吸引力?
  • 全球电解槽市场竞争格局如何?
  • 全球电解槽市场的主要参与者/公司有哪些?

目录

第一章:前言

第 2 章:范围与方法

  • 研究目的
  • 利害关係人
  • 资料来源
    • 主要资源
    • 二手资料
  • 市场预测
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第 3 章:执行摘要

第 4 章:简介

  • 概述
  • 主要行业趋势

第 5 章:全球电解槽市场

  • 市场概况
  • 市场业绩
  • COVID-19 的影响
  • 市场预测

第 6 章:按产品分類的市场区隔

  • 碱性电解槽
    • 市场走向
    • 市场预测
  • 质子交换膜电解槽
    • 市场走向
    • 市场预测
  • 固态氧化物电解槽
    • 市场走向
    • 市场预测

第 7 章:按容量分類的市场细分

  • 小于500千瓦
    • 市场走向
    • 市场预测
  • 500千瓦至2兆瓦
    • 市场走向
    • 市场预测
  • 2兆瓦以上
    • 市场走向
    • 市场预测

第 8 章:按应用分類的市场区隔

  • 发电
    • 市场走向
    • 市场预测
  • 运输
    • 市场走向
    • 市场预测
  • 工业能源
    • 市场走向
    • 市场预测
  • 工业原料
    • 市场走向
    • 市场预测
  • 建筑热力发电
    • 市场走向
    • 市场预测
  • 其他的
    • 市场走向
    • 市场预测

第 9 章:按地区分類的市场区隔

  • 北美洲
    • 美国
      • 市场走向
      • 市场预测
    • 加拿大
      • 市场走向
      • 市场预测
  • 亚太
    • 中国
      • 市场走向
      • 市场预测
    • 日本
      • 市场走向
      • 市场预测
    • 印度
      • 市场走向
      • 市场预测
    • 韩国
      • 市场走向
      • 市场预测
    • 澳洲
      • 市场走向
      • 市场预测
    • 印尼
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 欧洲
    • 德国
      • 市场走向
      • 市场预测
    • 法国
      • 市场走向
      • 市场预测
    • 英国
      • 市场走向
      • 市场预测
    • 义大利
      • 市场走向
      • 市场预测
    • 西班牙
      • 市场走向
      • 市场预测
    • 俄罗斯
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 拉丁美洲
    • 巴西
      • 市场走向
      • 市场预测
    • 墨西哥
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 中东和非洲
    • 市场走向
    • 按国家/地区分類的市场细分
    • 市场预测

第 10 章:SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 11 章:价值链分析

第 12 章:波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 13 章:价格分析

第14章:竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • Air Liquide SA
    • Air Products and Chemicals Inc.
    • Asahi Kasei Corporation
    • Cummins Inc.
    • ITM Power plc
    • Linde plc
    • McPhy Energy SA
    • Nel ASA
    • Plug Power Inc.
    • Siemens AG
    • Titanium Tantalum Products Limited
    • Toshiba Corporation
Product Code: SR112023A4752

Abstract

The global electrolyzer market size reached US$ 461.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 796.3 Million by 2028, exhibiting a growth rate (CAGR) of 9.51% during 2022-2028. Numerous government initiatives promoting renewable energy, the growing demand for hydrogen in various sectors, an enhanced focus on sustainable development and continual advancements in technologies are some of the major factors propelling the market.

An electrolyzer is a device that utilizes an electrochemical process known as electrolysis to split water or other compounds into their constituent elements. It consists of an electrolyte solution and two electrodes, typically made of conductive materials such as metals or metal oxides. When an electric current is passed through the electrolyte, it triggers chemical reactions at the electrodes. They play a crucial role in the production of hydrogen, which is considered a clean and versatile energy carrier. By utilizing renewable electricity, they can produce green hydrogen, which has significant potential in applications such as fuel cells, energy storage, transportation, and industrial processes.

The integration of renewable energy sources is a significant driving factor for the market. Renewable energy, such as solar and wind power, exhibits intermittent generation patterns. Electrolyzers provide a solution for converting excess renewable energy into hydrogen through water electrolysis during periods of high generation. This process allows for energy storage and grid balancing, effectively addressing the intermittency challenge of renewables. Moreover, the growing interest in utilizing hydrogen as a fuel for transportation, heating, and power generation is creating a positive outlook for the market. Additionally, various applications like steel production, ammonia production, and synthetic fuels are exploring the integration of hydrogen to reduce carbon emissions, which is propelling the market growth. Continual advancements in technologies are further contributing to the expansion of the global market.

Electrolyzer Market Trends/Drivers:

Favorable Government Initiatives and Policies

The implementation of numerous favorable government initiatives and policies have a significant impact on the market. Various countries around the world are actively promoting the adoption of renewable energy sources and decarbonization strategies, and electrolyzers play a crucial role in these efforts. Governments are implementing supportive policies such as subsidies, grants, tax incentives, and favorable regulations to accelerate the deployment of electrolyzers and the production of hydrogen. These initiatives aim to stimulate investment in electrolysis technologies, encourage research and development, and create a conducive market environment. The presence of robust government support provides stability and confidence for investors and stakeholders, fostering the growth of the market.

Growing Demand for Hydrogen

The increasing demand for hydrogen is another key factor driving the market. Hydrogen is gaining attention as a clean and versatile energy carrier with the potential to decarbonize various sectors such as transportation, industry, and power generation. They are essential for the production of hydrogen, especially green hydrogen, which is generated through electrolysis using renewable energy sources. The rising demand for hydrogen as a fuel for fuel cells, a feedstock for industrial processes, and a storage medium for renewable energy is creating a significant market opportunity for manufacturers. The growing interest in hydrogen as a sustainable energy solution is driving investments in technologies and contributing to the expansion of the market.

Technological Advancements and Cost Reduction

Technological advancements and cost reduction is majorly driving the market growth. Over the years, significant progress has been made in technologies, leading to improved efficiency, scalability, and durability. Research and development efforts have focused on enhancing catalyst materials, membrane technologies, electrode designs, and system integration. These advancements have resulted in higher performance, increased system lifetimes, and reduced maintenance requirements. As the costs of systems continue to decline, they become more economically viable and attractive to a wider range of applications and industries. Continual technological advancements and cost reduction efforts are augmenting market competitiveness, thereby expanding the market globally.

Electrolyzer Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global electrolyzer market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product, capacity and application.

Breakup by Product:

Alkaline Electrolyzer

PEM Electrolyzer

Solid Oxide Electrolyzer

Alkaline electrolyzer represents the largest market segment

The report has provided a detailed breakup and analysis of the market based on the product. This includes alkaline, PEM, and solid oxide electrolyzers. According to the report, alkaline electrolyzer represented the largest segment.

Alkaline electrolyzers are relatively cost efficient as compared to other types. This makes them an attractive option for applications where the primary focus is on producing hydrogen at a lower cost. The cost advantage of alkaline variants stems from the use of abundant and inexpensive materials, such as nickel-based catalysts, in the electrode construction. They also have high efficiency levels, contributing to their popularity. They can achieve high current densities, resulting in greater hydrogen production rates per unit of size. This efficiency makes them suitable for applications with high hydrogen demand, such as industrial processes and large-scale energy storage. Furthermore, their enhanced reliability and durability are contributing to their increased uptake. Their robust design and simpler operation make them less prone to performance issues and easier to maintain.

Breakup by Capacity:

Less than 500 kW

500 kW to 2 MW

Above 2 MW

500 kW to 2 MW accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the capacity. This includes Less than 500 kW, 500 kW to 2 MW, and Above 2 MW. According to the report, 500 kW to 2 MW represented the largest segment.

Electrolyzers within the 500 kW to 2 MW range are considered suitable for a wide range of applications, including industrial processes, energy storage, and hydrogen production for fueling stations. They offer a significant capacity to meet the demand for hydrogen in various sectors while remaining manageable in terms of installation space, operational requirements, and cost. Additionally, this capacity range aligns well with the needs of the emerging hydrogen economy. As the demand for hydrogen continues to grow, particularly in industries aiming to reduce carbon emissions and transition to cleaner energy sources, products in the 500 kW to 2 MW range provide a viable solution. They can cater to mid-sized hydrogen production requirements and contribute to the scaling up of hydrogen infrastructure.

Breakup by Application:

Power Generation

Transportation

Industry Energy

Industry Feedstock

Building Heat and Power

Others

Power generation represents the largest market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes power generation, transportation, industry energy, industry feedstock, building heat and power, and others. According to the report, power generation represented the largest segment.

One of the main drivers for the significant product adoption in the power generation sector is the increasing focus on renewable energy integration. By utilizing excess renewable energy during periods of high generation, electrolyzers can convert and store it as hydrogen. This stored hydrogen can then be used as a flexible and clean energy source for power generation when renewable energy supply is low or intermittent. They enable the coupling of renewable energy sources with hydrogen production, thereby contributing to a more sustainable and reliable power generation system. Additionally, They offer a potential solution for the long-term storage of renewable energy. As renewable energy sources are subject to fluctuations and seasonal variations, electrolyzers can store the surplus energy during periods of high production and convert it into hydrogen, which can be stored for an extended period. This stored hydrogen can then be utilized during times of high demand or low renewable energy availability, ensuring a stable and continuous power supply.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Europe exhibits a clear dominance, accounting for the largest electrolyzer market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.

Europe is continually making efforts to encourage renewable energy adoption and decarbonization. The region aims to reduce greenhouse gas emissions and transition to cleaner energy sources. This focus on sustainability has created a favorable environment for the development and deployment of electrolyzers, which are essential for renewable energy integration and hydrogen production. Several countries in this region have implemented supportive policies, such as feed-in tariffs, subsidies, and carbon pricing mechanisms, to incentivize the adoption of technologies and promote the growth of the hydrogen economy.

Moreover, Europe has a well-developed infrastructure and market for hydrogen. The region has made significant investments in hydrogen refueling stations, hydrogen-powered transportation, and hydrogen utilization in industrial processes. This existing infrastructure provides a solid foundation for the expansion of electrolyzer installations and the wider adoption of hydrogen as an energy carrier.

Competitive Landscape:

Top companies in the market are investing in research and development activities to improve technologies, enhance efficiency, increase durability, and reduce costs. R&D efforts focus on developing advanced materials, catalysts, and membrane technologies to optimize performance and address key challenges in the industry. They are continually developing and commercializing new models with improved features and capabilities. This includes developing products with higher production capacities, better integration with renewable energy sources, enhanced control systems, and improved safety features. The aim is to meet the evolving demands of various industries and applications. Apart from this, these major players are also forming partnerships and collaborations with other industry players, research institutions, and energy companies to leverage expertise, share knowledge, and accelerate technology development. Collaborations enable companies to access new markets, jointly conduct research projects, and facilitate the integration of products into broader hydrogen value chains.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Air Liquide S.A.

Air Products and Chemicals Inc.

Asahi Kasei Corporation

Cummins Inc.

ITM Power plc

Linde plc

McPhy Energy S.A.

Nel ASA

Plug Power Inc.

Siemens AG

Titanium Tantalum Products Limited

Toshiba Corporation

Recent Developments:

In 2022, Siemens AG secured an order from European Energy, a Danish developer and operator of green energy projects, for the delivery of an electrolyzer plant. The company is developing a large-scale commercial production facility of e-methanol, wherein the hydrogen will be provided by the 50 mega-watt (MW) plant by Siemens Energy. This is a crucial moment in the green transition as these companies aim to move forward with the decarbonization of the shipping industry.

Cummins Inc. announced the launch of Accelera by Cummins, a new brand for its New Power business unit, in 2023. It is expected to provide a diverse portfolio of zero-emissions solutions while empowering customers to accelerate their transition to a sustainable future. This will assist the company in achieving industry-wide decarbonization across diverse applications.

Air Liquide S.A. and Siemens AG formed a joint venture in 2022 for the European production of large-scale renewable hydrogen electrolyzers. Both the companies have agreed to offer R&D capacities to the co-development of next generation technologies within the framework of the partnership.

Key Questions Answered in This Report:

  • How has the global electrolyzer market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global electrolyzer market?
  • What is the impact of each driver, restraint, and opportunity on the global electrolyzer market?
  • What are the key regional markets?
  • Which countries represent the most attractive electrolyzer market?
  • What is the breakup of the market based on the product?
  • Which is the most attractive product in the electrolyzer market?
  • What is the breakup of the market based on the capacity?
  • Which is the most attractive capacity in the electrolyzer market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the electrolyzer market?
  • What is the competitive structure of the global electrolyzer market?
  • Who are the key players/companies in the global electrolyzer market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Electrolyzer Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Alkaline Electrolyzer
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 PEM Electrolyzer
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Solid Oxide Electrolyzer
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Capacity

  • 7.1 Less than 500 kW
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 500 kW to 2 MW
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Above 2 MW
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Power Generation
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Transportation
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Industry Energy
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Industry Feedstock
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Building Heat and Power
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Air Liquide S.A.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Air Products and Chemicals Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Asahi Kasei Corporation
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Cummins Inc.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 ITM Power plc
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Linde plc
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
    • 14.3.7 McPhy Energy S.A.
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
    • 14.3.8 Nel ASA
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
    • 14.3.9 Plug Power Inc.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
    • 14.3.10 Siemens AG
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Titanium Tantalum Products Limited
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Toshiba Corporation
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Electrolyzer Market: Major Drivers and Challenges
  • Figure 2: Global: Electrolyzer Market: Sales Value (in Million US$), 2017-2022
  • Figure 3: Global: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 4: Global: Electrolyzer Market: Breakup by Product (in %), 2022
  • Figure 5: Global: Electrolyzer Market: Breakup by Capacity (in %), 2022
  • Figure 6: Global: Electrolyzer Market: Breakup by Application (in %), 2022
  • Figure 7: Global: Electrolyzer Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Electrolyzer (Alkaline Electrolyzer) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Electrolyzer (Alkaline Electrolyzer) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Electrolyzer (PEM Electrolyzer) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Electrolyzer (PEM Electrolyzer) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Electrolyzer (Solid Oxide Electrolyzer) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Electrolyzer (Solid Oxide Electrolyzer) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Electrolyzer (Less than 500 kW) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Electrolyzer (Less than 500 kW) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Electrolyzer (500 kW to 2 MW) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Electrolyzer (500 kW to 2 MW) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Electrolyzer (Above 2 MW) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Electrolyzer (Above 2 MW) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Electrolyzer (Power Generation) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Electrolyzer (Power Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Electrolyzer (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Electrolyzer (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Electrolyzer (Industry Energy) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Electrolyzer (Industry Energy) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Electrolyzer (Industry Feedstock) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Electrolyzer (Industry Feedstock) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Electrolyzer (Building Heat and Power) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Electrolyzer (Building Heat and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Electrolyzer (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Electrolyzer (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: North America: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: North America: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: United States: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: United States: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Canada: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Canada: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Asia-Pacific: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Asia-Pacific: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: China: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: China: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: Japan: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: Japan: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: India: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: India: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: South Korea: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: South Korea: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: Australia: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: Australia: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Indonesia: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Indonesia: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: Others: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: Others: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: Europe: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: Europe: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Germany: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Germany: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: France: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: France: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: United Kingdom: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: United Kingdom: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Italy: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Italy: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Spain: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Spain: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: Russia: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: Russia: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Others: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Others: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Latin America: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Latin America: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Brazil: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Brazil: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Mexico: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Mexico: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 76: Others: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 77: Others: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 78: Middle East and Africa: Electrolyzer Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 79: Middle East and Africa: Electrolyzer Market: Breakup by Country (in %), 2022
  • Figure 80: Middle East and Africa: Electrolyzer Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Global: Electrolyzer Industry: SWOT Analysis
  • Figure 82: Global: Electrolyzer Industry: Value Chain Analysis
  • Figure 83: Global: Electrolyzer Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Electrolyzer Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Electrolyzer Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 3: Global: Electrolyzer Market Forecast: Breakup by Capacity (in Million US$), 2023-2028
  • Table 4: Global: Electrolyzer Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 5: Global: Electrolyzer Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Electrolyzer Market: Competitive Structure
  • Table 7: Global: Electrolyzer Market: Key Players