Press release
Global Electrolyzer market report, size, share, trends and forecast to 2028
Electrolyzer is a device that uses nuclear and renewable energy sources to produce carbon-free hydrogen without the use of fossil fuels. It includes separators, storage tanks, vents, pumps, and other parts. Electrolyzer is used to electrolyze water. Hydrogen and oxygen are separated from water through electrolysis and then collected separately for use in industrial processes, the automotive, power, and chemical sectors. The Electrolyzer come in a variety of sizes and uses various electrolysis techniques. The market will continue to increase as a result of rising power consumption and the deployment of green hydrogen generates systems.
Increasing demand for automobiles powered by hydrogen fuel cells has proven to be a major market driver. The market has experienced significant expansion as a result of the relative decrease in dependence on traditional fuel sources. People are choosing fuel cell automobiles over gasoline-powered ones, which are assisting the sector in generating large profits over time.
By geography, North America is projected to hold the largest market share during the forecast period owing to the increasing need for hydrogen in a variety of industries, including manufacturing, th e power sector, and others. Petrochemicals, glass purification, refining, and fertilisers are all centred there. Because the need for hydrogen as a fuel in the automobile sector is growing.
Some of the key players profiled in the Electrolyzer Market include Green Hydrogen Systems, Swiss Hydrogen SA, Siemens Energy AG, ITM Power Plc, Asahi Kasei Corporation, Idroenergy S.P.A., Hydrogenics, Nel ASA, H-Tec Systems, Plug Power, Toshiba, Teledyne Energy Systems, Kobelco Eco-solutions Co., Ltd., McPhy Energy S.A., Next Hydrogen, Shandong Saikesaisi Hydrogen Energy Co., Ltd. and Air Liquide S.A.
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By Capacities:
• 500 kW - 2 MW
• ? 500 kW
• Above 2 MW
• Other Capacities
By Products:
• Solid Oxide Electrolyzer
• Alkaline Electrolyzer
• Polymer Electrolyte Membrane (PEM) Electrolyzer
• Other Products
By Applications:
• Industry Feedstock
• Power Generation
• Building Heating & Power
• Industry Energy
• Transportation
• Steel Plant
• Industrial Gases
• Electronics & Photovoltaics
• Power Plants
• Energy Storage / Fueling for FCEVs
• Power to Gas
• Other Applications
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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Stratistics MRC offers a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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