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Electrolyzer Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031

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    Report

  • 111 Pages
  • November 2023
  • Region: Global
  • Acute Market Reports
  • ID: 5913019
Description Jump to:
The electrolyzer market, pivotal in the production of green hydrogen, has been experiencing remarkable growth attributed to several compelling drivers. The electrolyzer market is expected to grow at a CAGR of 35% during the forecast period of 2023 to 2031, driven by the global focus on green hydrogen, technological advancements, and energy transition initiatives. However, challenges in scaling up hydrogen production represent a significant restraint. As the market continues to adapt to the evolving energy landscape, it is poised for substantial growth in the coming years.

Increasing Focus on Green Hydrogen Production

The global shift towards sustainable and green energy sources has ignited a surge in the electrolyzer market. Green hydrogen, produced through the electrolysis of water using renewable energy sources, is gaining prominence as an eco-friendly alternative to fossil fuels. The market thrived in 2022 as various countries, including Germany, Japan, and the United States, unveiled ambitious green hydrogen production plans, thereby fostering the adoption of electrolyzers. This driver is corroborated by official government reports and energy transition strategies.

Advancements in electrolyzer Technologies

The electrolyzer market is witnessing a significant boost due to relentless advancements in electrolysis technologies. In 2022, these innovations led to more efficient, durable, and cost-effective electrolyzers. Alkaline electrolyzers (AE) and Proton Exchange Membrane (PEM) electrolyzers, in particular, witnessed substantial progress, making hydrogen production more accessible. Evidence supporting this driver includes reports on technological breakthroughs and notable patents.

Energy Transition Initiatives

Governments and organizations worldwide are actively supporting the adoption of electrolyzers as part of their energy transition initiatives. The use of hydrogen in various sectors, such as transportation and industry, is being incentivized, fueling the electrolyzer market's growth. In 2022, the European Union's Hydrogen Strategy and the U.S. Department of Energy's Hydrogen Program played pivotal roles in driving the market. Official publications and statements affirming these initiatives validate this driver.

Challenges in Scaling Up

While the electrolyzer market presents immense potential, it faces a restraint in the form of challenges related to scaling up hydrogen production. Despite substantial growth in 2022, scaling up electrolysis operations to meet the growing demand for hydrogen remains a complex endeavor. Issues related to infrastructure, investment, and policy frameworks often slow down the scaling process. This restraint is supported by documented challenges and delays faced by large hydrogen projects.

Technology: Proton Exchange Membrane (PEM) electrolyzers Dominate the Market

The electrolyzer market is segmented based on the electrolyzer technology utilized for hydrogen production. In 2022, Proton Exchange Membrane (PEM) electrolyzers dominated the market due to their efficiency, versatility, and suitability for various applications. However, Solid Oxide electrolyzers (SOE) are expected to exhibit the highest CAGR from 2023 to 2031. This projection is backed by their growing application in industrial processes and the increasing use of solid oxide fuel cells.

Application: The Energy Sector Dominates the Market

The market is further segmented based on the application, with a strong focus on Energy, Mobility, Industrial, and Grid Injection. In 2022, the Energy sector led the market in terms of revenue due to the increasing adoption of green hydrogen in power generation and storage. However, Mobility is expected to experience the highest CAGR during the forecast period of 2023 to 2031. This projection is validated by the growing demand for fuel-cell electric vehicles and hydrogen-based transportation solutions.

Europe Remains the Global Leader

Geographically, Europe emerged as the dominant region in terms of revenue in 2022. This was driven by the European Union's ambitious hydrogen strategies and initiatives. However, Asia-Pacific is expected to exhibit the highest CAGR from 2023 to 2031, mainly due to the extensive hydrogen projects in countries like China and Japan. Data on hydrogen investments, government policies, and project announcements support these geographic trends.

Key Market Competition to Intensify during the Forecast Period

Key players in the electrolyzer market include Siemens, ITM Power, Nel ASA, McPhy Energy, HydrogenPro, Air Products and Chemicals, Inc., Asahi Kasei Corporation, Brise Chemicals, C&E Environmental Technology Co., Ltd., Cummins Inc., Linde AG, and Teledyne Energy Systems Inc., among others. These market leaders focus on enhancing the efficiency and performance of electrolyzers, expanding their product portfolios, and forming strategic partnerships with renewable energy providers. News about product innovations, partnerships, and market expansion strategies among these companies is illustrative of the competitive trends.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation ofElectrolyzer market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Electrolyzer market and their expected impact during the forecast period
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Technology

  • Alkaline Electrolyzer (AE)
  • Proton Exchange Membrane (PEM)
  • Solid Oxide Electrolyzer (SOE)
  • Anion Exchange Membrane (AEM)

Application

  • Energy
  • Mobility
  • Industrial
  • Grid Injection

Power rating

  • < 500 KW
  • 500-2,000 KW
  • >2,000 KW

Region Segment (2021 - 2031; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Electrolyzer market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Electrolyzer market?
  • Which is the largest regional market for Electrolyzer market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Electrolyzer market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Electrolyzer market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Electrolyzer Market
2.2. Global Electrolyzer Market, By Technology, 2022 (US$ Million)
2.3. Global Electrolyzer Market, By Application, 2022 (US$ Million)
2.4. Global Electrolyzer Market, By Power rating, 2022 (US$ Million)
2.5. Global Electrolyzer Market, By Geography, 2022 (US$ Million)
2.6. Attractive Investment Proposition by Geography, 2022
3. Electrolyzer Market: Competitive Analysis
3.1. Market Positioning of Key Electrolyzer Market Vendors
3.2. Strategies Adopted by Electrolyzer Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2022 Versus 2031
4. Electrolyzer Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Electrolyzer Market Value, 2021 - 2031, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter’s Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2022 Versus 2031
5.3. Market Segmentation
5.3.1. Alkaline Electrolyzer (AE)
5.3.2. Proton Exchange Membrane (PEM)
5.3.3. Solid Oxide Electrolyzer (SOE)
5.3.4. Anion Exchange Membrane (AEM)
6. Electrolyzer Market: By Application, 2021-2031, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2022 Versus 2031
6.3. Market Segmentation
6.3.1. Energy
6.3.1.1. Power Generation
6.3.1.2. CHP
6.3.2. Mobility
6.3.3. Industrial
6.3.3.1. Chemical
6.3.3.2. Industries
6.3.4. Grid Injection
7. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2022 Versus 2031
7.3. Market Segmentation
7.3.1. 2,000 KW
8. North America Electrolyzer Market, 2021-2031, USD (Million)
8.1. Market Overview
8.2. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
8.3. Electrolyzer Market: By Application, 2021-2031, USD (Million)
8.4. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
8.5. Electrolyzer Market: By Region, 2021-2031, USD (Million)
8.5.1. North America
8.5.1.1. U.S.
8.5.1.1.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
8.5.1.1.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
8.5.1.1.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
8.5.1.2. Canada
8.5.1.2.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
8.5.1.2.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
8.5.1.2.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
8.5.1.3. Rest of North America
8.5.1.3.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
8.5.1.3.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
8.5.1.3.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
9. UK and European Union Electrolyzer Market, 2021-2031, USD (Million)
9.1. Market Overview
9.2. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
9.3. Electrolyzer Market: By Application, 2021-2031, USD (Million)
9.4. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
9.5. Electrolyzer Market: By Region, 2021-2031, USD (Million)
9.5.1. UK and European Union
9.5.1.1. UK
9.5.1.1.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
9.5.1.1.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
9.5.1.1.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
9.5.1.2. Germany
9.5.1.2.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
9.5.1.2.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
9.5.1.2.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
9.5.1.3. Spain
9.5.1.3.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
9.5.1.3.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
9.5.1.3.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
9.5.1.4. Italy
9.5.1.4.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
9.5.1.4.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
9.5.1.4.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
9.5.1.5. France
9.5.1.5.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
9.5.1.5.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
9.5.1.5.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
9.5.1.6. Rest of Europe
9.5.1.6.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
9.5.1.6.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
9.5.1.6.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
10. Asia Pacific Electrolyzer Market, 2021-2031, USD (Million)
10.1. Market Overview
10.2. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
10.3. Electrolyzer Market: By Application, 2021-2031, USD (Million)
10.4. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
10.5. Electrolyzer Market: By Region, 2021-2031, USD (Million)
10.5.1. Asia Pacific
10.5.1.1. China
10.5.1.1.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
10.5.1.1.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
10.5.1.1.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
10.5.1.2. Japan
10.5.1.2.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
10.5.1.2.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
10.5.1.2.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
10.5.1.3. India
10.5.1.3.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
10.5.1.3.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
10.5.1.3.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
10.5.1.4. Australia
10.5.1.4.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
10.5.1.4.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
10.5.1.4.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
10.5.1.5. South Korea
10.5.1.5.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
10.5.1.5.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
10.5.1.5.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
10.5.1.6. Rest of Asia Pacific
10.5.1.6.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
10.5.1.6.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
10.5.1.6.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
11. Latin America Electrolyzer Market, 2021-2031, USD (Million)
11.1. Market Overview
11.2. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
11.3. Electrolyzer Market: By Application, 2021-2031, USD (Million)
11.4. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
11.5. Electrolyzer Market: By Region, 2021-2031, USD (Million)
11.5.1. Latin America
11.5.1.1. Brazil
11.5.1.1.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
11.5.1.1.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
11.5.1.1.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
11.5.1.2. Mexico
11.5.1.2.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
11.5.1.2.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
11.5.1.2.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
11.5.1.3. Rest of Latin America
11.5.1.3.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
11.5.1.3.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
11.5.1.3.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
12. Middle East and Africa Electrolyzer Market, 2021-2031, USD (Million)
12.1. Market Overview
12.2. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
12.3. Electrolyzer Market: By Application, 2021-2031, USD (Million)
12.4. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
12.5. Electrolyzer Market: By Region, 2021-2031, USD (Million)
12.5.1. Middle East and Africa
12.5.1.1. GCC
12.5.1.1.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
12.5.1.1.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
12.5.1.1.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
12.5.1.2. Africa
12.5.1.2.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
12.5.1.2.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
12.5.1.2.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
12.5.1.3. Rest of Middle East and Africa
12.5.1.3.1. Electrolyzer Market: By Technology, 2021-2031, USD (Million)
12.5.1.3.2. Electrolyzer Market: By Application, 2021-2031, USD (Million)
12.5.1.3.3. Electrolyzer Market: By Power rating, 2021-2031, USD (Million)
13. Company Profile
13.1. Siemens
13.1.1. Company Overview
13.1.2. Financial Performance
13.1.3. Product Portfolio
13.1.4. Strategic Initiatives
13.2. ITM Power,
13.2.1. Company Overview
13.2.2. Financial Performance
13.2.3. Product Portfolio
13.2.4. Strategic Initiatives
13.3. Nel ASA
13.3.1. Company Overview
13.3.2. Financial Performance
13.3.3. Product Portfolio
13.3.4. Strategic Initiatives
13.4. McPhy Energy
13.4.1. Company Overview
13.4.2. Financial Performance
13.4.3. Product Portfolio
13.4.4. Strategic Initiatives
13.5. HydrogenPro
13.5.1. Company Overview
13.5.2. Financial Performance
13.5.3. Product Portfolio
13.5.4. Strategic Initiatives
13.6. Air Products and Chemicals, Inc.
13.6.1. Company Overview
13.6.2. Financial Performance
13.6.3. Product Portfolio
13.6.4. Strategic Initiatives
13.7. Asahi Kasei Corporation
13.7.1. Company Overview
13.7.2. Financial Performance
13.7.3. Product Portfolio
13.7.4. Strategic Initiatives
13.8. Brise Chemicals
13.8.1. Company Overview
13.8.2. Financial Performance
13.8.3. Product Portfolio
13.8.4. Strategic Initiatives
13.9. C&E Environmental Technology Co., Ltd.
13.9.1. Company Overview
13.9.2. Financial Performance
13.9.3. Product Portfolio
13.9.4. Strategic Initiatives
13.10. Cummins Inc.
13.10.1. Company Overview
13.10.2. Financial Performance
13.10.3. Product Portfolio
13.10.4. Strategic Initiatives
13.11. Linde AG
13.11.1. Company Overview
13.11.2. Financial Performance
13.11.3. Product Portfolio
13.11.4. Strategic Initiatives
13.12. Teledyne Energy Systems Inc.
13.12.1. Company Overview
13.12.2. Financial Performance
13.12.3. Product Portfolio
13.12.4. Strategic Initiatives
13.13. Other Notable Players
13.13.1. Company Overview
13.13.2. Financial Performance
13.13.3. Product Portfolio
13.13.4. Strategic Initiatives
List of Figures
Fig. 1 Global Electrolyzer Market: Market Coverage
Fig. 2 Research Methodology and Data Sources
Fig. 3 Market Size Estimation-Top Down & Bottom-Up Approach
Fig. 4 Global Electrolyzer Market: Quality Assurance
Fig. 5 Global Electrolyzer Market, By Technology, 2022
Fig. 6 Global Electrolyzer Market, By Application, 2022
Fig. 7 Global Electrolyzer Market, By Power rating, 2022
Fig. 8 Global Electrolyzer Market, By Geography, 2022
Fig. 9 Market Geographical Opportunity Matrix-Global Electrolyzer Market, 2022
Fig. 10 Market Positioning of Key Electrolyzer Market Players, 2022
Fig. 11 Global Electrolyzer Market-Tier Analysis-Percentage of Revenues by Tier Level, 2022 Versus 2031
Fig. 12 Global Electrolyzer Market, By Technology, 2022 Vs 2031, %
Fig. 13 Global Electrolyzer Market, By Application, 2022 Vs 2031, %
Fig. 14 Global Electrolyzer Market, By Power rating, 2022 Vs 2031, %
Fig. 15 U.S. Electrolyzer Market (US$ Million), 2021-2031
Fig. 16 Canada Electrolyzer Market (US$ Million), 2021-2031
Fig. 17 Rest of North America Electrolyzer Market (US$ Million), 2021-2031
Fig. 18 UK Electrolyzer Market (US$ Million), 2021-2031
Fig. 19 Germany Electrolyzer Market (US$ Million), 2021-2031
Fig. 20 Spain Electrolyzer Market (US$ Million), 2021-2031
Fig. 21 Italy Electrolyzer Market (US$ Million), 2021-2031
Fig. 22 France Electrolyzer Market (US$ Million), 2021-2031
Fig. 23 Rest of Europe Electrolyzer Market (US$ Million), 2021-2031
Fig. 24 China Electrolyzer Market (US$ Million), 2021-2031
Fig. 25 Japan Electrolyzer Market (US$ Million), 2021-2031
Fig. 26 India Electrolyzer Market (US$ Million), 2021-2031
Fig. 27 Australia Electrolyzer Market (US$ Million), 2021-2031
Fig. 28 South Korea Electrolyzer Market (US$ Million), 2021-2031
Fig. 29 Rest of Asia Electrolyzer Market (US$ Million), 2021-2031
Fig. 30 Brazil Electrolyzer Market (US$ Million), 2021-2031
Fig. 31 Mexico Electrolyzer Market (US$ Million), 2021-2031
Fig. 32 Rest of Latin America Electrolyzer Market (US$ Million), 2021-2031
Fig. 33 GCC Electrolyzer Market (US$ Million), 2021-2031
Fig. 34 Africa Electrolyzer Market (US$ Million), 2021-2031
Fig. 35 Rest of Middle East and Africa Electrolyzer Market (US$ Million), 2021-2031
List of Tables
Table 1 Global Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 2 Global Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 3 Global Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 4 Global Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 5 Global Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 6 North America Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 7 North America Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 8 North America Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 9 North America Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 10 North America Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 11 U.S. Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 12 U.S. Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 13 U.S. Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 14 U.S. Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 15 U.S. Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 16 Canada Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 17 Canada Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 18 Canada Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 19 Canada Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 20 Canada Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 21 Rest of North America Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 22 Rest of North America Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 23 Rest of North America Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 24 Rest of North America Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 25 Rest of North America Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 26 UK and European Union Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 27 UK and European Union Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 28 UK and European Union Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 29 UK and European Union Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 30 UK and European Union Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 31 UK Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 32 UK Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 33 UK Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 34 UK Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 35 UK Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 36 Germany Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 37 Germany Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 38 Germany Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 39 Germany Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 40 Germany Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 41 Spain Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 42 Spain Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 43 Spain Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 44 Spain Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 45 Spain Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 46 Italy Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 47 Italy Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 48 Italy Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 49 Italy Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 50 Italy Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 51 France Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 52 France Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 53 France Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 54 France Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 55 France Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 56 Rest of Europe Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 57 Rest of Europe Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 58 Rest of Europe Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 59 Rest of Europe Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 60 Rest of Europe Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 61 Asia Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 62 Asia Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 63 Asia Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 64 Asia Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 65 Asia Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 66 China Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 67 China Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 68 China Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 69 China Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 70 China Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 71 Japan Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 72 Japan Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 73 Japan Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 74 Japan Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 75 Japan Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 76 India Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 77 India Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 78 India Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 79 India Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 80 India Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 81 Australia Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 82 Australia Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 83 Australia Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 84 Australia Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 85 Australia Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 86 South Korea Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 87 South Korea Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 88 South Korea Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 89 South Korea Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 90 South Korea Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 91 Latin America Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 92 Latin America Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 93 Latin America Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 94 Latin America Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 95 Latin America Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 96 Brazil Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 97 Brazil Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 98 Brazil Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 99 Brazil Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 100 Brazil Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 101 Mexico Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 102 Mexico Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 103 Mexico Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 104 Mexico Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 105 Mexico Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 106 Rest of Latin America Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 107 Rest of Latin America Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 108 Rest of Latin America Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 109 Rest of Latin America Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 110 Rest of Latin America Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 111 Middle East and Africa Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 112 Middle East and Africa Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 113 Middle East and Africa Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 114 Middle East and Africa Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 115 Middle East and Africa Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 116 GCC Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 117 GCC Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 118 GCC Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 119 GCC Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 120 GCC Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 121 Africa Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 122 Africa Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 123 Africa Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 124 Africa Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 125 Africa Electrolyzer Market By Power rating, 2021-2031, USD (Million)
Table 126 Rest of Middle East and Africa Electrolyzer Market By Technology, 2021-2031, USD (Million)
Table 127 Rest of Middle East and Africa Electrolyzer Market By Application, 2021-2031, USD (Million)
Table 128 Rest of Middle East and Africa Electrolyzer Market By Energy, 2021-2031, USD (Million)
Table 129 Rest of Middle East and Africa Electrolyzer Market By Industrial, 2021-2031, USD (Million)
Table 130 Rest of Middle East and Africa Electrolyzer Market By Power rating, 2021-2031, USD (Million)

Companies Mentioned

  • Siemens
  • ITM Power
  • Nel ASA
  • McPhy Energy
  • HydrogenPro
  • Air Products and Chemicals, Inc.
  • Asahi Kasei Corporation
  • Brise Chemicals
  • C&E Environmental Technology Co., Ltd.
  • Cummins Inc.
  • Linde AG
  • Teledyne Energy Systems Inc.

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