Global Electrolyzer Market Overview And Scope:
Global Electrolyzer Market Size was estimated at USD 387.5 million in 2022 and is projected to reach USD 1485.3 million by 2028, exhibiting a CAGR of 25.1% during the forecast period.
The Global Electrolyzer Market Report 2025 provides comprehensive analysis of market development components, patterns, flows, and sizes. This research study of Electrolyzer utilized both primary and secondary data sources to calculate present and past market values to forecast potential market management for the forecast period between 2025 and 2032. It includes the study of a wide range of industry parameters, including government policies, market environments, competitive landscape, historical data, current market trends, technological innovations, upcoming technologies, and technological progress within related industries. Additionally, the report provides an in-depth analysis of the value chain and supply chain to demonstrate how value is added at every stage in the product lifecycle. The study incorporates market dynamics such as drivers, restraints/challenges, trends, and their impact on the market.
Top Key Players Mentioned Are: 718th Research Institute of CSIC, Suzhou Jingli, Proton On-Site, Cummins, Siemens, Teledyne Energy Systems, EM Solution, McPhy, Nel Hydrogen, Toshiba, TianJin Mainland, Yangzhou Chungdean Hydrogen Equipment, Elogen, Erredue SpA, Kobelco Eco-Solutions, ITM Power, Idroenergy Spa, ShaanXi HuaQin, Beijing Zhongdian, Elchemtech, H2B2, Verde LLC
Global Electrolyzer Market Segmentation
By Type, Electrolyzer market has been segmented into:
Traditional Alkaline Electroliser
PEM Electroliser
By Application, Electrolyzer market has been segmented into:
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
Regional Analysis:
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The Electrolyzer market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the Electrolyzer market.
Top Key Players Covered in Electrolyzer market are:
718th Research Institute of CSIC
Suzhou Jingli
Proton On-Site
Cummins
Siemens
Teledyne Energy Systems
EM Solution
McPhy
Nel Hydrogen
Toshiba
TianJin Mainland
Yangzhou Chungdean Hydrogen Equipment
Elogen
Erredue SpA
Kobelco Eco-Solutions
ITM Power
Idroenergy Spa
ShaanXi HuaQin
Beijing Zhongdian
Elchemtech
H2B2
Verde LLC
Objective to buy this Report:
1. Electrolyzer analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with Electrolyzer market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Electrolyzer Market by Type
5.1 Electrolyzer Market Overview Snapshot and Growth Engine
5.2 Electrolyzer Market Overview
5.3 Traditional Alkaline Electroliser
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Traditional Alkaline Electroliser: Geographic Segmentation
5.4 PEM Electroliser
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 PEM Electroliser: Geographic Segmentation
Chapter 6: Electrolyzer Market by Application
6.1 Electrolyzer Market Overview Snapshot and Growth Engine
6.2 Electrolyzer Market Overview
6.3 Power Plants
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Power Plants: Geographic Segmentation
6.4 Steel Plant
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Steel Plant: Geographic Segmentation
6.5 Electronics and Photovoltaics
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Electronics and Photovoltaics: Geographic Segmentation
6.6 Industrial Gases
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Industrial Gases: Geographic Segmentation
6.7 Energy Storage or Fueling for FCEV's
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Energy Storage or Fueling for FCEV's: Geographic Segmentation
6.8 Power to Gas
6.8.1 Introduction and Market Overview
6.8.2 Historic and Forecasted Market Size (2017-2032F)
6.8.3 Key Market Trends, Growth Factors and Opportunities
6.8.4 Power to Gas: Geographic Segmentation
6.9 Others
6.9.1 Introduction and Market Overview
6.9.2 Historic and Forecasted Market Size (2017-2032F)
6.9.3 Key Market Trends, Growth Factors and Opportunities
6.9.4 Others: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Electrolyzer Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Electrolyzer Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Electrolyzer Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 718TH RESEARCH INSTITUTE OF CSIC
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 SUZHOU JINGLI
7.4 PROTON ON-SITE
7.5 CUMMINS
7.6 SIEMENS
7.7 TELEDYNE ENERGY SYSTEMS
7.8 EM SOLUTION
7.9 MCPHY
7.10 NEL HYDROGEN
7.11 TOSHIBA
7.12 TIANJIN MAINLAND
7.13 YANGZHOU CHUNGDEAN HYDROGEN EQUIPMENT
7.14 ELOGEN
7.15 ERREDUE SPA
7.16 KOBELCO ECO-SOLUTIONS
7.17 ITM POWER
7.18 IDROENERGY SPA
7.19 SHAANXI HUAQIN
7.20 BEIJING ZHONGDIAN
7.21 ELCHEMTECH
7.22 H2B2
7.23 VERDE LLC
Chapter 8: Global Electrolyzer Market Analysis, Insights and Forecast, 2017-2032
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Traditional Alkaline Electroliser
8.2.2 PEM Electroliser
8.3 Historic and Forecasted Market Size By Application
8.3.1 Power Plants
8.3.2 Steel Plant
8.3.3 Electronics and Photovoltaics
8.3.4 Industrial Gases
8.3.5 Energy Storage or Fueling for FCEV's
8.3.6 Power to Gas
8.3.7 Others
Chapter 9: North America Electrolyzer Market Analysis, Insights and Forecast, 2017-2032
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Traditional Alkaline Electroliser
9.4.2 PEM Electroliser
9.5 Historic and Forecasted Market Size By Application
9.5.1 Power Plants
9.5.2 Steel Plant
9.5.3 Electronics and Photovoltaics
9.5.4 Industrial Gases
9.5.5 Energy Storage or Fueling for FCEV's
9.5.6 Power to Gas
9.5.7 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 US
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Eastern Europe Electrolyzer Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Traditional Alkaline Electroliser
10.4.2 PEM Electroliser
10.5 Historic and Forecasted Market Size By Application
10.5.1 Power Plants
10.5.2 Steel Plant
10.5.3 Electronics and Photovoltaics
10.5.4 Industrial Gases
10.5.5 Energy Storage or Fueling for FCEV's
10.5.6 Power to Gas
10.5.7 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Bulgaria
10.6.2 The Czech Republic
10.6.3 Hungary
10.6.4 Poland
10.6.5 Romania
10.6.6 Rest of Eastern Europe
Chapter 11: Western Europe Electrolyzer Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Traditional Alkaline Electroliser
11.4.2 PEM Electroliser
11.5 Historic and Forecasted Market Size By Application
11.5.1 Power Plants
11.5.2 Steel Plant
11.5.3 Electronics and Photovoltaics
11.5.4 Industrial Gases
11.5.5 Energy Storage or Fueling for FCEV's
11.5.6 Power to Gas
11.5.7 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 Germany
11.6.2 UK
11.6.3 France
11.6.4 Netherlands
11.6.5 Italy
11.6.6 Russia
11.6.7 Spain
11.6.8 Rest of Western Europe
Chapter 12: Asia Pacific Electrolyzer Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Traditional Alkaline Electroliser
12.4.2 PEM Electroliser
12.5 Historic and Forecasted Market Size By Application
12.5.1 Power Plants
12.5.2 Steel Plant
12.5.3 Electronics and Photovoltaics
12.5.4 Industrial Gases
12.5.5 Energy Storage or Fueling for FCEV's
12.5.6 Power to Gas
12.5.7 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 China
12.6.2 India
12.6.3 Japan
12.6.4 South Korea
12.6.5 Malaysia
12.6.6 Thailand
12.6.7 Vietnam
12.6.8 The Philippines
12.6.9 Australia
12.6.10 New Zealand
12.6.11 Rest of APAC
Chapter 13: Middle East & Africa Electrolyzer Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Traditional Alkaline Electroliser
13.4.2 PEM Electroliser
13.5 Historic and Forecasted Market Size By Application
13.5.1 Power Plants
13.5.2 Steel Plant
13.5.3 Electronics and Photovoltaics
13.5.4 Industrial Gases
13.5.5 Energy Storage or Fueling for FCEV's
13.5.6 Power to Gas
13.5.7 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Turkey
13.6.2 Bahrain
13.6.3 Kuwait
13.6.4 Saudi Arabia
13.6.5 Qatar
13.6.6 UAE
13.6.7 Israel
13.6.8 South Africa
Chapter 14: South America Electrolyzer Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Traditional Alkaline Electroliser
14.4.2 PEM Electroliser
14.5 Historic and Forecasted Market Size By Application
14.5.1 Power Plants
14.5.2 Steel Plant
14.5.3 Electronics and Photovoltaics
14.5.4 Industrial Gases
14.5.5 Energy Storage or Fueling for FCEV's
14.5.6 Power to Gas
14.5.7 Others
14.6 Historic and Forecast Market Size by Country
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Electrolyzer Scope:
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Report Data
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Electrolyzer Market
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Electrolyzer Market Size in 2025
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USD XX million
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Electrolyzer CAGR 2025 - 2032
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XX%
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Electrolyzer Base Year
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2024
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Electrolyzer Forecast Data
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2025 - 2032
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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718th Research Institute of CSIC, Suzhou Jingli, Proton On-Site, Cummins, Siemens, Teledyne Energy Systems, EM Solution, McPhy, Nel Hydrogen, Toshiba, TianJin Mainland, Yangzhou Chungdean Hydrogen Equipment, Elogen, Erredue SpA, Kobelco Eco-Solutions, ITM Power, Idroenergy Spa, ShaanXi HuaQin, Beijing Zhongdian, Elchemtech, H2B2, Verde LLC.
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Key Segments
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By Type
Traditional Alkaline Electroliser
PEM Electroliser
By Applications
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
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