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Electrolyzer Market to Witness Robust Expansion by 2024– Top Key players like Proton On-Site,Hydrogenics,Suzhou Jingli,Inc.
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Electrolysis is a promising option for hydrogen production from renewable resources. Electrolysis is the process of using electricity to split water into hydrogen and oxygen. This reaction takes place in a unit called electrolyze. Electrolyzes can range in size from small, appliance-size equipment that is well-suited for small-scale distributed hydrogen production to large-scale, central production facilities that could be tied directly to renewable or other non-greenhouse-gas-emitting forms of electricity production.
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 an 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.
According to this study, over the next five years the Electrolyzer market will register a 9.5% CAGR in terms of revenue, the global market size will reach US$ 1390 million by 2024, from US$ 880 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electrolyzer business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Proton On-Site
718th Research Institute of CSIC
Teledyne Energy Systems
Hydrogenics
Nel Hydrogen
Suzhou Jingli
Beijing Zhongdian
McPhy
Siemens
TianJin Mainland
Areva H2gen
Shandong Saksay Hydrogen Energy
Yangzhou Chungdean Hydrogen Equipment
Asahi Kasei
Idroenergy Spa
Erredue SpA
ShaanXi HuaQin
Kobelco Eco-Solutions
ELB Elektrolysetechnik GmbH
ITM Power
Toshiba
Market Segment by Type, covers
Traditional Alkaline Electroliser
PEM Electroliser
Market Segment by Applications, can be divided into
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
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Related Information:
North America Electrolyzer Market Growth 2019-2024
United States Electrolyzer Market Growth 2019-2024
Asia-Pacific Electrolyzer Market Growth 2019-2024
Europe Electrolyzer Market Growth 2019-2024
EMEA Electrolyzer Market Growth 2019-2024
Global Electrolyzer Market Growth 2019-2024
China Electrolyzer Market Growth 2019-2024
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