Press release
Global Electrolyzer Market to Witness a Pronounce Growth During 2024
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.
The global sales of electrolysis increased from 720 units in 2014 to 876 units in 2018, at a CAGR of 5.03% The global electrolysis market is valued at USD 289.95 million in 2018 and is expected to reach USD 406.71 million by the end of 2025, growing at a CAGR of 4.95% between 2018 and 2025. North America, Europe and Asia-Pacific play an important role in global electrolysis market.
According to this study, over the next five years the Electrolyzer market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 363.7 million by 2024, from US$ 297.7 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.
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This report presents a comprehensive overview, market shares, and growth opportunities of Electrolyzer market by product type, application, key manufacturers and key regions and countries.
This study considers the Electrolyzer value and volume generated from the sales of the following segments:
Market Segment by Manufacturers, this report covers
Proton On-Site
TianJin Mainland
718th Research Institute of CSIC
Hydrogenics
Nel Hydrogen
Teledyne Energy Systems
McPhy
Suzhou Jingli
Siemens
Beijing Zhongdian
Erredue SpA
Kobelco Eco-Solutions
ShaanXi HuaQin
Areva H2gen
Asahi Kasei
Yangzhou Chungdean Hydrogen Equipment
ITM Power
Idroenergy Spa
Shandong Saksay Hydrogen Energy
ELB Elektrolysetechnik GmbH
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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