Global Hydrogen Electrolyzer Market: Emerging Trends, Major Key Players Itm-power and Ballard Power Systems

According to the report, The global Hydrogen Electrolyzer market size is expected to reach $ Billion by 2028 growing at the CAGR of 14.5% from 2021 to 2028. Over the forecast period, government regulations and public-private partnerships supporting hydrogen as an automotive fuel and energy carrier are projected to be the most significant growth drivers for the electrolyzers market. Furthermore, end-users prefer small-scale electrolyzers for on-site generation in geographies where transportation of hydrogen over long distances is either not cost viable or where natural gas generating costs are substantially higher
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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global HYDROGEN ELECTROLYZER industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Hydrogen Electrolyzer market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Hydrogen Electrolyzer players holding highest market share include Itm-power, Ballard Power Systems, Plug Power and Proton Power Control Pvt Ltd.. These players use acquisition as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
o Itm-power
o Ballard Power Systems
o Plug Power
o Proton Power Control Pvt Ltd.
o Quantum Fuel Systems Technologies worldwide Inc.
o HyperSolar – Technology
o Kingkar technologies Acta S.p.A

Segmental Analysis

Market Segment By Product Type with focus on market share, consumption trend, and growth rate of HYDROGEN ELECTROLYZER Market:
o Alkaline Electrolyser
o Proton Exchange Membrane Electrolyser
o Solid Oxide Electrolyser

Market Segment By End-User Industry with focus on market share, consumption trend, and growth rate of HYDROGEN ELECTROLYZER Market:
• Automotive Industry
• Electricity
• Pharmaceutical and Biotechnology Industry
• Metal Industry
• Glass Industry
• Others

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Global Hydrogen Electrolyzer Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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