Due to the COVID-19 pandemic, the global Hydrogen Electrolyzer market size is estimated to be worth US$ 387.5 million in 2022 and is forecast to a readjusted size of US$ 1481.9 million by 2028 with a CAGR of 25.1% during the review period. Fully considering the economic change by this health crisis, Traditional Alkaline Electroliser accounting for % of the Hydrogen Electrolyzer global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Power Plants segment is altered to an % CAGR throughout this forecast period.
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.
Nowadays, 96% of the global hydrogen produced comes from the use of fossil fuels (i.e., natural gas, oil); whereas production from water electrolysis represents only 4%. Indeed, the cost of hydrogen production by using fossil fuels is smaller than water electrolysis given that current electrolyzers are quite expensive and the cost of electricity as well. However, hydrogen production based on fossil fuels, namely gray hydrogen, suffers from lower purity and higher generation of greenhouse gases. To face the intensive use and depletion of fossil fuels to respond to hydrogen demands, water electrolysis supplied by renewable energy sources (e.g., wind turbine, photovoltaic) is considered an attractive and promising alternative. Renewable energy sources combined with water electrolysis come within the scope of the development of environmentally friendly hydrogen production pathways to substitute current hydrogen production based on pollutant fuels. Water electrolysis can produce hydrogen at high gas purity but features high cost (electrolyzer, electricity) and lower energy efficiency due to high specific energy consumption. For this reason, energy efficiency, cost of electricity, and water electrolysis systems remain major concerns to the development of the water electrolysis process at a large scale. The water electrolysis process consists of using electricity coming from the power grid or renewable energy sources to split pure water into hydrogen and oxygen.
In 2020, due to COVID-19, global market demand has shown a slight decline, which makes us particularly cautious in forecasting the growth rate in 2021. In fact, the actual growth rate in 2021 has exceeded our expectations, especially the market growth rate in China. As China's capital market highly favors the hydrogen energy industry, coupled with the Chinese government's support for the hydrogen energy industry, this has led to rapid growth of China's hydrogen energy industry. For example, Suzhou Jingli’s shipments have doubled, and they are all large-scale water electrolyzers of the 1-5 MW class. In general, due to a large number of photovoltaic hydrogen production projects in China in 2021, large amounts of investment and announcements in clean hydrogen production projects and P2G projects, global shipments of water electrolyzers will skyrocket in 2021. At the same time, in 2021, a large number of countries and regions have announced investment plans for the hydrogen energy industry, and we have further adjusted the forecast data.
If we go back to five years ago, MW-level projects are already very large, but now MW-level projects have become common. Technically speaking, super-large alkaline electrolyzers of 10MW-20 MW have appeared, and 5MW-10MW will also become possible. In the future, with the further growth of large-scale projects, it is expected that the price of water electrolyzers will become higher and higher. In addition, due to the increasing market potential of water electrolyzers and the favor of capital, many players such as Longi and Sungrow Power Supply and other Chinese companies have announced their entry into this market. From 2019 to 2021, at least a dozen companies have directly or indirectly entered this industry.
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
The readers in the section will understand how the Hydrogen Electrolyzer market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Global key hydrogen electrolyzer core manufacturers 718th Research Institute of CSIC, Suzhou Jingli, Proton On-Site, etc. The top 4 companies hold a share of about 50%. Asia-Pacific is the largest market, with a share of about 58%, followed by Europe and North America with a share of about 26% and 10%. In terms of product, traditional alkaline electroliser is the largest segment, with a share over 70%. And in terms of application, the largest application is power plants, followed by industrial gases and electronics and photovoltaics.
Key segments including type and application have been elaborated in this report. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type and application during the historical period (2017-2022) and forecast period (2023-2028).
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and production data of each region and country for the period 2017-2028. This information derived through comprehensive research will help the reader to get familiar with the potential value of the investment in a particular region.
In this section, the readers will gain an understanding of the key players competing. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and production by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
718th Research Institute of CSIC
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Report Metric |
Details |
|
Base Year: |
2021 |
|
Market Size in 2022: |
USD 387.5 Million |
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Forecast Period: |
2022 to 2028 |
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Forecast Period 2022 to 2028 CAGR: |
25.1% |
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2028 Value Projection: |
USD 1481.9 Million |
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No. of Pages: |
122 |
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Tables & Figures |
227 |
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Segments covered: |
Type, Application, Region |
Ans. Hydrogen Electrolyzer Market size was valued at USD 387.5 Million by 2022 and is projected to reach USD 1481.9 Million in 2028, growing at a CAGR of 25.1% from 2022 to 2028
Ans. Asia-Pacific is the largest market, with a share of about 58%, followed by Europe and North America with a share of about 26% and 10%.
Ans. The Global Hydrogen Electrolyzer Market is Segmented on the basis of Type, Application, Region.
Ans. In terms of product, traditional alkaline electroliser is the largest segment, with a share over 70%. And in terms of application, the largest application is power plants, followed by industrial gases and electronics and photovoltaics.
Ans. The sample report for the Hydrogen Electrolyzer Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
Ans. The forecast period in the Hydrogen Electrolyzer Market report is from 2022-2028
1 Hydrogen Electrolyzer Market Overview
1.1 Product Overview and Scope of Hydrogen Electrolyzer
1.2 Hydrogen Electrolyzer Segment by Type
1.2.1 Global Hydrogen Electrolyzer Market Size Growth Rate Analysis by Type 2022 VS 2028
1.2.2 Traditional Alkaline Electroliser
1.2.3 PEM Electroliser
1.3 Hydrogen Electrolyzer Segment by Application
1.3.1 Global Hydrogen Electrolyzer Consumption Comparison by Application: 2022 VS 2028
1.3.2 Power Plants
1.3.3 Steel Plant
1.3.4 Electronics and Photovoltaics
1.3.5 Industrial Gases
1.3.6 Energy Storage or Fueling for FCEV's
1.3.7 Power to Gas
1.3.8 Others
1.4 Global Market Growth Prospects
1.4.1 Global Hydrogen Electrolyzer Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global Hydrogen Electrolyzer Production Estimates and Forecasts (2017-2028)
1.5 Global Market Size by Region
1.5.1 Global Hydrogen Electrolyzer Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
1.5.2 North America Hydrogen Electrolyzer Estimates and Forecasts (2017-2028)
1.5.3 Europe Hydrogen Electrolyzer Estimates and Forecasts (2017-2028)
1.5.4 China Hydrogen Electrolyzer Estimates and Forecasts (2017-2028)
1.5.5 Japan Hydrogen Electrolyzer Estimates and Forecasts (2017-2028)
1.5.6 South Korea Hydrogen Electrolyzer Estimates and Forecasts (2017-2028)
2 Market Competition by Manufacturers
2.1 Global Hydrogen Electrolyzer Production Market Share by Manufacturers (2017-2022)
2.2 Global Hydrogen Electrolyzer Revenue Market Share by Manufacturers (2017-2022)
2.3 Hydrogen Electrolyzer Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Hydrogen Electrolyzer Average Price by Manufacturers (2017-2022)
2.5 Manufacturers Hydrogen Electrolyzer Production Sites, Area Served, Product Types
2.6 Hydrogen Electrolyzer Market Competitive Situation and Trends
2.6.1 Hydrogen Electrolyzer Market Concentration Rate
2.6.2 Global 5 and 10 Largest Hydrogen Electrolyzer Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion
3 Production by Region
3.1 Global Production of Hydrogen Electrolyzer Market Share by Region (2017-2022)
3.2 Global Hydrogen Electrolyzer Revenue Market Share by Region (2017-2022)
3.3 Global Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
3.4 North America Hydrogen Electrolyzer Production
3.4.1 North America Hydrogen Electrolyzer Production Growth Rate (2017-2022)
3.4.2 North America Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Hydrogen Electrolyzer Production
3.5.1 Europe Hydrogen Electrolyzer Production Growth Rate (2017-2022)
3.5.2 Europe Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
3.6 China Hydrogen Electrolyzer Production
3.6.1 China Hydrogen Electrolyzer Production Growth Rate (2017-2022)
3.6.2 China Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan Hydrogen Electrolyzer Production
3.7.1 Japan Hydrogen Electrolyzer Production Growth Rate (2017-2022)
3.7.2 Japan Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
3.8 South Korea Hydrogen Electrolyzer Production
3.8.1 South Korea Hydrogen Electrolyzer Production Growth Rate (2017-2022)
3.8.2 South Korea Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
4 Global Hydrogen Electrolyzer Consumption by Region
4.1 Global Hydrogen Electrolyzer Consumption by Region
4.1.1 Global Hydrogen Electrolyzer Consumption by Region
4.1.2 Global Hydrogen Electrolyzer Consumption Market Share by Region
4.2 North America
4.2.1 North America Hydrogen Electrolyzer Consumption by Country
4.2.2 United States
4.2.3 Canada
4.3 Europe
4.3.1 Europe Hydrogen Electrolyzer Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Hydrogen Electrolyzer Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 China Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Hydrogen Electrolyzer Consumption by Country
4.5.2 Mexico
4.5.3 Brazil
5 Segment by Type
5.1 Global Hydrogen Electrolyzer Production Market Share by Type (2017-2022)
5.2 Global Hydrogen Electrolyzer Revenue Market Share by Type (2017-2022)
5.3 Global Hydrogen Electrolyzer Price by Type (2017-2022)
6 Segment by Application
6.1 Global Hydrogen Electrolyzer Production Market Share by Application (2017-2022)
6.2 Global Hydrogen Electrolyzer Revenue Market Share by Application (2017-2022)
6.3 Global Hydrogen Electrolyzer Price by Application (2017-2022)
7 Key Companies Profiled
7.1 718th Research Institute of CSIC
7.1.1 718th Research Institute of CSIC Hydrogen Electrolyzer Corporation Information
7.1.2 718th Research Institute of CSIC Hydrogen Electrolyzer Product Portfolio
7.1.3 718th Research Institute of CSIC Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.1.4 718th Research Institute of CSIC Main Business and Markets Served
7.1.5 718th Research Institute of CSIC Recent Developments/Updates
7.2 Suzhou Jingli
7.2.1 Suzhou Jingli Hydrogen Electrolyzer Corporation Information
7.2.2 Suzhou Jingli Hydrogen Electrolyzer Product Portfolio
7.2.3 Suzhou Jingli Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.2.4 Suzhou Jingli Main Business and Markets Served
7.2.5 Suzhou Jingli Recent Developments/Updates
7.3 Proton On-Site
7.3.1 Proton On-Site Hydrogen Electrolyzer Corporation Information
7.3.2 Proton On-Site Hydrogen Electrolyzer Product Portfolio
7.3.3 Proton On-Site Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.3.4 Proton On-Site Main Business and Markets Served
7.3.5 Proton On-Site Recent Developments/Updates
7.4 Cummins
7.4.1 Cummins Hydrogen Electrolyzer Corporation Information
7.4.2 Cummins Hydrogen Electrolyzer Product Portfolio
7.4.3 Cummins Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.4.4 Cummins Main Business and Markets Served
7.4.5 Cummins Recent Developments/Updates
7.5 Siemens
7.5.1 Siemens Hydrogen Electrolyzer Corporation Information
7.5.2 Siemens Hydrogen Electrolyzer Product Portfolio
7.5.3 Siemens Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.5.4 Siemens Main Business and Markets Served
7.5.5 Siemens Recent Developments/Updates
7.6 Teledyne Energy Systems
7.6.1 Teledyne Energy Systems Hydrogen Electrolyzer Corporation Information
7.6.2 Teledyne Energy Systems Hydrogen Electrolyzer Product Portfolio
7.6.3 Teledyne Energy Systems Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.6.4 Teledyne Energy Systems Main Business and Markets Served
7.6.5 Teledyne Energy Systems Recent Developments/Updates
7.7 EM Solution
7.7.1 EM Solution Hydrogen Electrolyzer Corporation Information
7.7.2 EM Solution Hydrogen Electrolyzer Product Portfolio
7.7.3 EM Solution Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.7.4 EM Solution Main Business and Markets Served
7.7.5 EM Solution Recent Developments/Updates
7.8 McPhy
7.8.1 McPhy Hydrogen Electrolyzer Corporation Information
7.8.2 McPhy Hydrogen Electrolyzer Product Portfolio
7.8.3 McPhy Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.8.4 McPhy Main Business and Markets Served
7.7.5 McPhy Recent Developments/Updates
7.9 Nel Hydrogen
7.9.1 Nel Hydrogen Hydrogen Electrolyzer Corporation Information
7.9.2 Nel Hydrogen Hydrogen Electrolyzer Product Portfolio
7.9.3 Nel Hydrogen Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.9.4 Nel Hydrogen Main Business and Markets Served
7.9.5 Nel Hydrogen Recent Developments/Updates
7.10 Toshiba
7.10.1 Toshiba Hydrogen Electrolyzer Corporation Information
7.10.2 Toshiba Hydrogen Electrolyzer Product Portfolio
7.10.3 Toshiba Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.10.4 Toshiba Main Business and Markets Served
7.10.5 Toshiba Recent Developments/Updates
7.11 TianJin Mainland
7.11.1 TianJin Mainland Hydrogen Electrolyzer Corporation Information
7.11.2 TianJin Mainland Hydrogen Electrolyzer Product Portfolio
7.11.3 TianJin Mainland Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.11.4 TianJin Mainland Main Business and Markets Served
7.11.5 TianJin Mainland Recent Developments/Updates
7.12 Yangzhou Chungdean Hydrogen Equipment
7.12.1 Yangzhou Chungdean Hydrogen Equipment Hydrogen Electrolyzer Corporation Information
7.12.2 Yangzhou Chungdean Hydrogen Equipment Hydrogen Electrolyzer Product Portfolio
7.12.3 Yangzhou Chungdean Hydrogen Equipment Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.12.4 Yangzhou Chungdean Hydrogen Equipment Main Business and Markets Served
7.12.5 Yangzhou Chungdean Hydrogen Equipment Recent Developments/Updates
7.13 Elogen
7.13.1 Elogen Hydrogen Electrolyzer Corporation Information
7.13.2 Elogen Hydrogen Electrolyzer Product Portfolio
7.13.3 Elogen Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.13.4 Elogen Main Business and Markets Served
7.13.5 Elogen Recent Developments/Updates
7.14 Erredue SpA
7.14.1 Erredue SpA Hydrogen Electrolyzer Corporation Information
7.14.2 Erredue SpA Hydrogen Electrolyzer Product Portfolio
7.14.3 Erredue SpA Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.14.4 Erredue SpA Main Business and Markets Served
7.14.5 Erredue SpA Recent Developments/Updates
7.15 Kobelco Eco-Solutions
7.15.1 Kobelco Eco-Solutions Hydrogen Electrolyzer Corporation Information
7.15.2 Kobelco Eco-Solutions Hydrogen Electrolyzer Product Portfolio
7.15.3 Kobelco Eco-Solutions Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.15.4 Kobelco Eco-Solutions Main Business and Markets Served
7.15.5 Kobelco Eco-Solutions Recent Developments/Updates
7.16 ITM Power
7.16.1 ITM Power Hydrogen Electrolyzer Corporation Information
7.16.2 ITM Power Hydrogen Electrolyzer Product Portfolio
7.16.3 ITM Power Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.16.4 ITM Power Main Business and Markets Served
7.16.5 ITM Power Recent Developments/Updates
7.17 Idroenergy Spa
7.17.1 Idroenergy Spa Hydrogen Electrolyzer Corporation Information
7.17.2 Idroenergy Spa Hydrogen Electrolyzer Product Portfolio
7.17.3 Idroenergy Spa Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.17.4 Idroenergy Spa Main Business and Markets Served
7.17.5 Idroenergy Spa Recent Developments/Updates
7.18 ShaanXi HuaQin
7.18.1 ShaanXi HuaQin Hydrogen Electrolyzer Corporation Information
7.18.2 ShaanXi HuaQin Hydrogen Electrolyzer Product Portfolio
7.18.3 ShaanXi HuaQin Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.18.4 ShaanXi HuaQin Main Business and Markets Served
7.18.5 ShaanXi HuaQin Recent Developments/Updates
7.19 Beijing Zhongdian
7.19.1 Beijing Zhongdian Hydrogen Electrolyzer Corporation Information
7.19.2 Beijing Zhongdian Hydrogen Electrolyzer Product Portfolio
7.19.3 Beijing Zhongdian Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.19.4 Beijing Zhongdian Main Business and Markets Served
7.19.5 Beijing Zhongdian Recent Developments/Updates
7.20 Elchemtech
7.20.1 Elchemtech Hydrogen Electrolyzer Corporation Information
7.20.2 Elchemtech Hydrogen Electrolyzer Product Portfolio
7.20.3 Elchemtech Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.20.4 Elchemtech Main Business and Markets Served
7.20.5 Elchemtech Recent Developments/Updates
7.21 H2B2
7.21.1 H2B2 Hydrogen Electrolyzer Corporation Information
7.21.2 H2B2 Hydrogen Electrolyzer Product Portfolio
7.21.3 H2B2 Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.21.4 H2B2 Main Business and Markets Served
7.21.5 H2B2 Recent Developments/Updates
7.22 Verde LLC
7.22.1 Verde LLC Hydrogen Electrolyzer Corporation Information
7.22.2 Verde LLC Hydrogen Electrolyzer Product Portfolio
7.22.3 Verde LLC Hydrogen Electrolyzer Production, Revenue, Price and Gross Margin (2017-2022)
7.22.4 Verde LLC Main Business and Markets Served
7.22.5 Verde LLC Recent Developments/Updates
8 Hydrogen Electrolyzer Manufacturing Cost Analysis
8.1 Hydrogen Electrolyzer Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Hydrogen Electrolyzer
8.4 Hydrogen Electrolyzer Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Hydrogen Electrolyzer Distributors List
9.3 Hydrogen Electrolyzer Customers
10 Market Dynamics
10.1 Hydrogen Electrolyzer Industry Trends
10.2 Hydrogen Electrolyzer Market Drivers
10.3 Hydrogen Electrolyzer Market Challenges
10.4 Hydrogen Electrolyzer Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of Hydrogen Electrolyzer by Region (2023-2028)
11.2 North America Hydrogen Electrolyzer Production, Revenue Forecast (2023-2028)
11.3 Europe Hydrogen Electrolyzer Production, Revenue Forecast (2023-2028)
11.4 China Hydrogen Electrolyzer Production, Revenue Forecast (2023-2028)
11.5 Japan Hydrogen Electrolyzer Production, Revenue Forecast (2023-2028)
11.6 South Korea Hydrogen Electrolyzer Production, Revenue Forecast (2023-2028)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Hydrogen Electrolyzer
12.2 North America Forecasted Consumption of Hydrogen Electrolyzer by Country
12.3 Europe Market Forecasted Consumption of Hydrogen Electrolyzer by Country
12.4 Asia Pacific Market Forecasted Consumption of Hydrogen Electrolyzer by Region
12.5 Latin America Forecasted Consumption of Hydrogen Electrolyzer by Country
13 Forecast by Type and by Application (2023-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of Hydrogen Electrolyzer by Type (2023-2028)
13.1.2 Global Forecasted Revenue of Hydrogen Electrolyzer by Type (2023-2028)
13.1.3 Global Forecasted Price of Hydrogen Electrolyzer by Type (2023-2028)
13.2 Global Forecasted Consumption of Hydrogen Electrolyzer by Application (2023-2028)
13.2.1 Global Forecasted Production of Hydrogen Electrolyzer by Application (2023-2028)
13.2.2 Global Forecasted Revenue of Hydrogen Electrolyzer by Application (2023-2028)
13.2.3 Global Forecasted Price of Hydrogen Electrolyzer by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
Table 1. Global Hydrogen Electrolyzer Market Size by Type (Units) & (US$ Million) (2022 VS 2028)
Table 2. Global Hydrogen Electrolyzer Market Size by Application (Units) & (US$ Million) (2022 VS 2028)
Table 3. Hydrogen Electrolyzer Market Size Comparison by Region: 2017 VS 2021 VS 2028
Table 4. Global Hydrogen Electrolyzer Production by Manufacturers (2017-2022) & (Units)
Table 5. Global Hydrogen Electrolyzer Production (Units) by Manufacturers (2017-2022)
Table 6. Global Hydrogen Electrolyzer Production Market Share by Manufacturers (2017-2022)
Table 7. Global Hydrogen Electrolyzer Revenue by Manufacturers (2017-2022) & (US$ Million)
Table 8. Global Hydrogen Electrolyzer Revenue Share by Manufacturers (2017-2022)
Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hydrogen Electrolyzer as of 2021)
Table 10. Global Market Hydrogen Electrolyzer Average Price (K US$/Unit) of Key Manufacturers (2017-2022)
Table 11. Manufacturers Hydrogen Electrolyzer Production Sites and Area Served
Table 12. Manufacturers Hydrogen Electrolyzer Product Types
Table 13. Global Hydrogen Electrolyzer Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion
Table 15. Global Hydrogen Electrolyzer Production (Units) by Region (2017-2022)
Table 16. Global Hydrogen Electrolyzer Revenue (US$ Million) by Region (2017-2022)
Table 17. Global Hydrogen Electrolyzer Revenue Market Share by Region (2017-2022)
Table 18. Global Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 19. North America Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 20. Europe Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 21. China Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 22. Japan Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 23. South Korea Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 24. Global Hydrogen Electrolyzer Consumption Market by Region (2017-2022) & (Units)
Table 25. Global Hydrogen Electrolyzer Consumption Market Share by Region (2017-2022)
Table 26. North America Hydrogen Electrolyzer Consumption by Country (2017-2022) & (Units)
Table 27. Europe Hydrogen Electrolyzer Consumption by Country (2017-2022) & (Units)
Table 28. Asia Pacific Hydrogen Electrolyzer Consumption by Region (2017-2022) & (Units)
Table 29. Latin America Hydrogen Electrolyzer Consumption by Country (2017-2022) & (Units)
Table 30. Global Hydrogen Electrolyzer Production (Units) by Type (2017-2022)
Table 31. Global Hydrogen Electrolyzer Production Market Share by Type (2017-2022)
Table 32. Global Hydrogen Electrolyzer Revenue (US$ Million) by Type (2017-2022)
Table 33. Global Hydrogen Electrolyzer Revenue Share by Type (2017-2022)
Table 34. Global Hydrogen Electrolyzer Price (K US$/Unit) by Type (2017-2022)
Table 35. Global Hydrogen Electrolyzer Production by Application (2017-2022) & (Units)
Table 36. Global Hydrogen Electrolyzer Production Market Share by Application (2017-2022)
Table 37. Global Hydrogen Electrolyzer Revenue (US$ Million) by Application (2017-2022)
Table 38. Global Hydrogen Electrolyzer Revenue Share by Application (2017-2022)
Table 39. Global Hydrogen Electrolyzer Price (K US$/Unit) by Application (2017-2022)
Table 40. 718th Research Institute of CSIC Hydrogen Electrolyzer Corporation Information
Table 41. 718th Research Institute of CSIC Specification and Application
Table 42. 718th Research Institute of CSIC Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 43. 718th Research Institute of CSIC Main Business and Markets Served
Table 44. 718th Research Institute of CSIC Recent Developments/Updates
Table 45. Suzhou Jingli Hydrogen Electrolyzer Corporation Information
Table 46. Suzhou Jingli Specification and Application
Table 47. Suzhou Jingli Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 48. Suzhou Jingli Main Business and Markets Served
Table 49. Suzhou Jingli Recent Developments/Updates
Table 50. Proton On-Site Hydrogen Electrolyzer Corporation Information
Table 51. Proton On-Site Specification and Application
Table 52. Proton On-Site Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 53. Proton On-Site Main Business and Markets Served
Table 54. Proton On-Site Recent Developments/Updates
Table 55. Cummins Hydrogen Electrolyzer Corporation Information
Table 56. Cummins Specification and Application
Table 57. Cummins Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 58. Cummins Main Business and Markets Served
Table 59. Cummins Recent Developments/Updates
Table 60. Siemens Hydrogen Electrolyzer Corporation Information
Table 61. Siemens Specification and Application
Table 62. Siemens Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 63. Siemens Main Business and Markets Served
Table 64. Siemens Recent Developments/Updates
Table 65. Teledyne Energy Systems Hydrogen Electrolyzer Corporation Information
Table 66. Teledyne Energy Systems Specification and Application
Table 67. Teledyne Energy Systems Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 68. Teledyne Energy Systems Main Business and Markets Served
Table 69. Teledyne Energy Systems Recent Developments/Updates
Table 70. EM Solution Hydrogen Electrolyzer Corporation Information
Table 71. EM Solution Specification and Application
Table 72. EM Solution Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 73. EM Solution Main Business and Markets Served
Table 74. EM Solution Recent Developments/Updates
Table 75. McPhy Hydrogen Electrolyzer Corporation Information
Table 76. McPhy Specification and Application
Table 77. McPhy Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 78. McPhy Main Business and Markets Served
Table 79. McPhy Recent Developments/Updates
Table 80. Nel Hydrogen Hydrogen Electrolyzer Corporation Information
Table 81. Nel Hydrogen Specification and Application
Table 82. Nel Hydrogen Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 83. Nel Hydrogen Main Business and Markets Served
Table 84. Nel Hydrogen Recent Developments/Updates
Table 85. Toshiba Hydrogen Electrolyzer Corporation Information
Table 86. Toshiba Specification and Application
Table 87. Toshiba Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 88. Toshiba Main Business and Markets Served
Table 89. Toshiba Recent Developments/Updates
Table 90. TianJin Mainland Hydrogen Electrolyzer Corporation Information
Table 91. TianJin Mainland Specification and Application
Table 92. TianJin Mainland Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 93. TianJin Mainland Main Business and Markets Served
Table 94. TianJin Mainland Recent Developments/Updates
Table 95. Yangzhou Chungdean Hydrogen Equipment Hydrogen Electrolyzer Corporation Information
Table 96. Yangzhou Chungdean Hydrogen Equipment Specification and Application
Table 97. Yangzhou Chungdean Hydrogen Equipment Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 98. Yangzhou Chungdean Hydrogen Equipment Main Business and Markets Served
Table 99. Yangzhou Chungdean Hydrogen Equipment Recent Developments/Updates
Table 100. Elogen Hydrogen Electrolyzer Corporation Information
Table 101. Elogen Specification and Application
Table 102. Elogen Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 103. Elogen Main Business and Markets Served
Table 104. Elogen Recent Developments/Updates
Table 105. Erredue SpA Hydrogen Electrolyzer Corporation Information
Table 106. Erredue SpA Specification and Application
Table 107. Erredue SpA Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 108. Erredue SpA Main Business and Markets Served
Table 109. Erredue SpA Recent Developments/Updates
Table 110. Erredue SpA Hydrogen Electrolyzer Corporation Information
Table 111. Kobelco Eco-Solutions Specification and Application
Table 112. Kobelco Eco-Solutions Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 113. Kobelco Eco-Solutions Main Business and Markets Served
Table 114. Kobelco Eco-Solutions Recent Developments/Updates
Table 115. ITM Power Hydrogen Electrolyzer Corporation Information
Table 116. ITM Power Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 117. ITM Power Main Business and Markets Served
Table 118. ITM Power Recent Developments/Updates
Table 119. Idroenergy Spa Hydrogen Electrolyzer Corporation Information
Table 120. Idroenergy Spa Specification and Application
Table 121. Idroenergy Spa Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 122. Idroenergy Spa Main Business and Markets Served
Table 123. Idroenergy Spa Recent Developments/Updates
Table 124. ShaanXi HuaQin Hydrogen Electrolyzer Corporation Information
Table 125. ShaanXi HuaQin Specification and Application
Table 126. ShaanXi HuaQin Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 127. ShaanXi HuaQin Main Business and Markets Served
Table 128. ShaanXi HuaQin Recent Developments/Updates
Table 129. Beijing Zhongdian Hydrogen Electrolyzer Corporation Information
Table 130. Beijing Zhongdian Specification and Application
Table 131. Beijing Zhongdian Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 132. Beijing Zhongdian Main Business and Markets Served
Table 133. Beijing Zhongdian Recent Developments/Updates
Table 134. Elchemtech Hydrogen Electrolyzer Corporation Information
Table 135. Elchemtech Specification and Application
Table 136. Elchemtech Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 137. Elchemtech Main Business and Markets Served
Table 138. Elchemtech Recent Developments/Updates
Table 139. H2B2 Hydrogen Electrolyzer Corporation Information
Table 140. H2B2 Specification and Application
Table 141. H2B2 Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 142. H2B2 Main Business and Markets Served
Table 143. H2B2 Recent Developments/Updates
Table 144. Verde LLC Hydrogen Electrolyzer Corporation Information
Table 145. Verde LLC Specification and Application
Table 146. Verde LLC Hydrogen Electrolyzer Production (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2017-2022)
Table 147. Verde LLC Main Business and Markets Served
Table 148. Verde LLC Recent Developments/Updates
Table 149. Production Base and Market Concentration Rate of Raw Material
Table 150. Key Suppliers of Raw Materials
Table 151. Hydrogen Electrolyzer Distributors List
Table 152. Hydrogen Electrolyzer Customers List
Table 153. Hydrogen Electrolyzer Market Trends
Table 154. Hydrogen Electrolyzer Market Drivers
Table 155. Hydrogen Electrolyzer Market Challenges
Table 156. Hydrogen Electrolyzer Market Restraints
Table 157. Global Hydrogen Electrolyzer Production (Units) Forecast by Region (2023-2028)
Table 158. North America Hydrogen Electrolyzer Consumption Forecast by Country (2023-2028) & (Units)
Table 159. Europe Hydrogen Electrolyzer Consumption Forecast by Country (2023-2028) & (Units)
Table 160. Asia Pacific Hydrogen Electrolyzer Consumption Forecast by Region (2023-2028) & (Units)
Table 161. Latin America Hydrogen Electrolyzer Consumption Forecast by Country (2023-2028) & (Units)
Table 162. Global Hydrogen Electrolyzer Production Forecast by Type (2023-2028) & (Units)
Table 163. Global Hydrogen Electrolyzer Revenue Forecast by Type (2023-2028) & (US$ Million)
Table 164. Global Hydrogen Electrolyzer Price Forecast by Type (2023-2028) & (K US$/Unit)
Table 165. Global Hydrogen Electrolyzer Production Forecast by Application (2023-2028) & (Units)
Table 166. Global Hydrogen Electrolyzer Revenue Forecast by Application (2023-2028) & (US$ Million)
Table 167. Global Hydrogen Electrolyzer Price Forecast by Application (2023-2028) & (K US$/Unit)
Table 168. Research Programs/Design for This Report
Table 169. Key Data Information from Secondary Sources
Table 170. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Hydrogen Electrolyzer
Figure 2. Global Hydrogen Electrolyzer Market Share by Type: 2022 VS 2028
Figure 3. Traditional Alkaline Electroliser Product Picture
Figure 4. PEM Electroliser Product Picture
Figure 5. Global Hydrogen Electrolyzer Market Share by Application: 2022 VS 2028
Figure 6. Power Plants
Figure 7. Steel Plant
Figure 8. Electronics and Photovoltaics
Figure 9. Industrial Gases
Figure 10. Energy Storage or Fueling for FCEV's
Figure 11. Power to Gas
Figure 12. Others
Figure 13. Global Hydrogen Electrolyzer Revenue (US$ Million), 2017 VS 2021 VS 2028
Figure 14. Global Hydrogen Electrolyzer Revenue (US$ Million) (2017-2028)
Figure 15. Global Hydrogen Electrolyzer Production (Units) & (2017-2028)
Figure 16. North America Hydrogen Electrolyzer Revenue (US$ Million) and Growth Rate (2017-2028)
Figure 17. Europe Hydrogen Electrolyzer Revenue (US$ Million) and Growth Rate (2017-2028)
Figure 18. China Hydrogen Electrolyzer Revenue (US$ Million) and Growth Rate (2017-2028)
Figure 19. Japan Hydrogen Electrolyzer Revenue (US$ Million) and Growth Rate (2017-2028)
Figure 20. South Korea Hydrogen Electrolyzer Revenue (US$ Million) and Growth Rate (2017-2028)
Figure 21. Hydrogen Electrolyzer Production Share by Manufacturers in 2021
Figure 22. Global Hydrogen Electrolyzer Revenue Share by Manufacturers in 2021
Figure 23. Hydrogen Electrolyzer Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2017 VS 2021
Figure 24. Global Market Hydrogen Electrolyzer Average Price (K US$/Unit) of Key Manufacturers in 2021
Figure 25. The Global 5 and 10 Largest Players: Market Share by Hydrogen Electrolyzer Revenue in 2021
Figure 26. Global Hydrogen Electrolyzer Production Market Share by Region (2017-2022)
Figure 27. North America Hydrogen Electrolyzer Production (Units) Growth Rate (2017-2022)
Figure 28. Europe Hydrogen Electrolyzer Production (Units) Growth Rate (2017-2022)
Figure 29. China Hydrogen Electrolyzer Production (Units) Growth Rate (2017-2022)
Figure 30. Japan Hydrogen Electrolyzer Production (Units) Growth Rate (2017-2022)
Figure 31. South Korea Hydrogen Electrolyzer Production (Units) Growth Rate (2017-2022)
Figure 32. Global Hydrogen Electrolyzer Consumption Market Share by Region (2017-2022)
Figure 33. North America Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 34. North America Hydrogen Electrolyzer Consumption Market Share by Country in 2021
Figure 35. Canada Hydrogen Electrolyzer Consumption Growth Rate (2017-2022) & (Units)
Figure 36. U.S. Hydrogen Electrolyzer Consumption Growth Rate (2017-2022) & (Units)
Figure 37. Europe Hydrogen Electrolyzer Consumption Growth Rate (2017-2022) & (Units)
Figure 38. Europe Hydrogen Electrolyzer Consumption Market Share by Country in 2021
Figure 39. Germany Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 40. France Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 41. U.K. Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 42. Italy Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 43. Russia Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 44. Asia Pacific Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 45. Asia Pacific Hydrogen Electrolyzer Consumption Market Share by Regions in 2021
Figure 46. China Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 47. Japan Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 48. South Korea Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 49. China Taiwan Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 50. Southeast Asia Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 51. India Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 52. Australia Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 53. Latin America Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 54. Latin America Hydrogen Electrolyzer Consumption Market Share by Country in 2021
Figure 55. Mexico Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 56. Brazil Hydrogen Electrolyzer Consumption and Growth Rate (2017-2022) & (Units)
Figure 57. Production Market Share of Hydrogen Electrolyzer by Type (2017-2022)
Figure 58. Production Market Share of Hydrogen Electrolyzer by Type in 2021
Figure 59. Revenue Share of Hydrogen Electrolyzer by Type (2017-2022)
Figure 60. Revenue Market Share of Hydrogen Electrolyzer by Type in 2021
Figure 61. Production Market Share of Hydrogen Electrolyzer by Application (2017-2022)
Figure 62. Production Market Share of Hydrogen Electrolyzer by Application in 2021
Figure 63. Revenue Share of Hydrogen Electrolyzer by Application (2017-2022)
Figure 64. Revenue Market Share of Hydrogen Electrolyzer by Application in 2021
Figure 65. Manufacturing Cost Structure of Hydrogen Electrolyzer
Figure 66. Manufacturing Process Analysis of Hydrogen Electrolyzer
Figure 67. Hydrogen Electrolyzer Industrial Chain Analysis
Figure 68. Channels of Distribution
Figure 69. Distributors Profiles
Figure 70. Global Hydrogen Electrolyzer Production Market Share Forecast by Region (2023-2028)
Figure 71. North America Hydrogen Electrolyzer Production (Units) Growth Rate Forecast (2023-2028)
Figure 72. Europe Hydrogen Electrolyzer Production (Units) Growth Rate Forecast (2023-2028)
Figure 73. China Hydrogen Electrolyzer Production (Units) Growth Rate Forecast (2023-2028)
Figure 74. Japan Hydrogen Electrolyzer Production (Units) Growth Rate Forecast (2023-2028)
Figure 75. South Korea Hydrogen Electrolyzer Production (Units) Growth Rate Forecast (2023-2028)
Figure 76. Global Forecasted Demand Analysis of Hydrogen Electrolyzer (2017-2028) & (Units)
Figure 77. Global Hydrogen Electrolyzer Production Market Share Forecast by Type (2023-2028)
Figure 78. Global Hydrogen Electrolyzer Revenue Market Share Forecast by Type (2023-2028)
Figure 79. Global Hydrogen Electrolyzer Production Market Share Forecast by Application (2023-2028)
Figure 80. Global Hydrogen Electrolyzer Revenue Market Share Forecast by Application (2023-2028)
Figure 81. Bottom-up and Top-down Approaches for This Report
Figure 82. Data Triangulation
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