openPR Logo
Press release

Hydrogen Electrolyzer Market to Witness Exponential Growth by 2026

Global Hydrogen Electrolyzer Market: Introduction
Hydrogen, used across various industrial applications such as chemicals, electronics, glass, etc., is produced both as a principal product and a by-product. More than 90% of total hydrogen demand across the globe depends upon fossil fuel based resources. Only a small fraction of this demand is met by hydrogen produced by water electrolysis. Different kind of electrolyzers such as alkaline electrolyzer, polymer electrolyte membrane (PEM) electrolyzer, solid oxide electrolyzer etc. are available in the market, which differ in processing methods and operational efficiency. Hydrogen electrolyzer disintegrates water into oxygen and hydrogen gases by passage of electric current. In order to meet optimum volume demand for different applications, these electrolyzers are available in varying capacities with hydrogen generation ranging from small scale production (100 liter/h) to large scale production (1000 liter/h).

Get access to full summary @: http://www.persistencemarketresearch.com/market-research/hydrogen-electrolyzer-market.asp

Considered as a green fuel of the future, governments across the globe are highly focused on creating a sustainable hydrogen economy, for which electrolyzers are expected to play a significant role over the coming years. Besides, hydrogen electrolyzers are also anticipated to gain popularity in small scale industrial applications with more end-users favoring for on-site hydrogen generation in industries such as food & beverages, metal production and fabrication, electronics, and others.

Global Hydrogen Electrolyzer Market Dynamics
Government regulations and public-private partnerships for promoting the use of hydrogen as an automotive fuel and energy carrier are expected to emerge as the most significant growth driver for electrolyzers market over the forecast period. Moreover, in geographies where transportation of hydrogen from long distances is either not cost effective or generation cost from natural gas is comparatively higher, end-users are preferring small scale electrolyzers for on-site generation.

Although, technological advancements in hydrogen electrolyzers are bringing the overall hydrogen production cost down, still there is a long way to go to make electrolysis as cost efficient as other conventional methods of production i.e. steam methane reforming, etc. Ongoing process level developments for increasing overall electrolyzer efficiency, such as advancements in catalyst & membrane effectiveness, are expected to make the process of electrolysis more cost effective over the coming decade. Further, development of efficient hydrogen storage system and high-pressure electrolyzers are expected to provide significant growth opportunities in the global hydrogen electrolyzer market over the forecast period of 2016-2026.

The key trends involved in the global hydrogen electrolyzer market include a use of renewable energy resources such as wind & solar coupled with electrolyzer system for hydrogen production and, in turn, for electricity generation.

A sample of this report is available upon request @ www.persistencemarketresearch.com/samples/11992

Global Hydrogen Electrolyzer Market Segmentation
Global hydrogen electrolyzer market is segmented on the basis of type, end-user, and regions. On the basis of type, global hydrogen electrolyzer market is segmented into: Polymer Electrolyte Membrane (PEM) Electrolyzer, Alkaline Water Electrolyzer, Solid Oxide Electrolyzer, On the basis of end-user, global hydrogen electrolyzer market is segmented into: Chemicals, Automobile, Energy, Food and beverages, Pharmaceutical & Biotechnology, Electronics, Glass, Metal production and Fabrication.

Global Hydrogen Electrolyzer Market: Regional Outlook
North America and Western Europe are expected to hold significant shares in the global hydrogen electrolyzer market. The market in Asia-Pacific is still in its nascent phase in terms of an untapped opportunity it holds, however, over the forecast period, a market in Asia-pacific is expected to create significant growth opportunities owing to increasing use of hydrogen across various end-use industries such as glass, electronics, welding & metal fabrication etc.

To view TOC of this report is available upon request @ www.persistencemarketresearch.com/toc/11992

Global Hydrogen Electrolyzer Market: Key Players
Key players involved in the value chain of global hydrogen electrolyzer market includes Itm-power, Ballard Power Systems, Plug Power, Proton Power Control Pvt Ltd., Quantum Fuel Systems Technologies worldwide Inc., HyperSolar – Technology, Kingkar technologies, Acta S.p.A and others. Companies are largely focused on research and development to reduce overvoltage of the oxygen evolution reaction (OER) in electrolyzers in order to make the process more cost efficient.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hydrogen Electrolyzer Market to Witness Exponential Growth by 2026 here

News-ID: 559755 • Views: 359

More Releases from Persistence Market Research

Global Waterborne Coatings Market Revenue to Witness Steady Growth Through 2020
Waterborne coatings are green substrates using water as solvent to dissolve a resin, making them environment friendly and easy to apply. These coatings usually contain approximately 80% of water with minimum quantities of other solvents such as glycol ethers. As per the U.S. and European regulations of waterborne coatings to have a VOC content less than 3.5 gallons of water, these are considered eco-friendly in nature. Various types of coatings
Manufacturers to Benefit from Lucrative Growth Prospects in the Global Textile P …
Application of coloring pattern and design to decorate the finished fabric is referred as printing. At the time of printing the color is applied to the fabric so that the color or design is not affected at the time of washing. Textile printing is a process of applying color to fabric in definite pattern and design. Textile printing is sometime confused with dyeing. In dyeing whole fabric is uniformly colored
Demand for Triazole Fungicides to Rise Significantly from Key End-use Industry S …
The growth of the crop can be affected by fungal infection. Fungicides are chemical compound used to kill fungi or fungal spores. Triazole is most widely used fungicides due to their different uses and efficacy against a number of fungal diseases. Triazole is highly effective against many different fungal diseases include rusts, leaf-spotting fungi and powdery mildews. Triazole is used on field crops, fruit trees and vegetables. Repeated use
Global Purified Terephthalic Acid Market Revenue to Witness Rapid Growth in the …
Purified terephthalic acid (PTA) is a chemical which is synthesized from crude oil. It is majorly used to manufacture polyester fiber. Its end-user industries include textile and home furnishing where PTA is required to manufacture garments such as bed sheets, curtains and clothes. Request For Report Sample@https://www.persistencemarketresearch.com/samples/3434 The market for purified terephthalic is expected to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in

All 5 Releases


More Releases for Electrolyzer

Global Hydrogen Electrolyzer Market Growth Propelling Aspects
The global hydrogen electrolyzer market is poised to witness significant growth and is expected to develop across key regions worldwide in the years to come. Future Market Insights has put forth a spectacular snapshot of the entire hydrogen electrolyzer market in its new research publication – “Hydrogen Electrolyzer Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017–2027”. The research study stresses on the various developments, trends, opportunities, drivers and restraints
Hydrogen Electrolyzer Market New Study Offers Insights for 2016 - 2026
Hydrogen, used across various industrial applications such as chemicals, electronics, glass, etc., is produced both as a principal product and a by-product. More than 90% of total hydrogen demand across the globe depends upon fossil fuel based resources. Only a small fraction of this demand is met by hydrogen produced by water electrolysis. Different kind of electrolyzers such as alkaline electrolyzer, polymer electrolyte membrane (PEM) electrolyzer, solid oxide electrolyzer etc.
Global Hydrogen Electrolyzer Market 2017 - A Detailed Growth Analysis
Qyresearchreports include new market research report Global Hydrogen Electrolyzer Market Research Report 2017 to its huge collection of research reports. The intensive report here collects alternate points of view having a place with the general Hydrogen Electrolyzer market which verbalizes the present-day information and future exposures with reference to the dynamic forces at play. The prime purpose behind the examination report is to offer the endorser with a broad configuration and
China Ion-exchange Membrane Electrolyzer Market Research Report 2017
This report studies Ion-exchange Membrane Electrolyzer in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering Bluestar Chemical Machinery Asahi Kasei ThyssenKrupp Uhde Chlorine Engineers Market Segment by Regions (provinces), covering South China East China Southwest China Northeast China North China Central China Northwest China Split by product Type, with production, revenue, price, market share and growth rate of each type, can be divided into Mono-polar Electrolyzer Bipolar Electrolyzer Get Free Report
Global Hydrogen Electrolyzer Market
Global Hydrogen Electrolyzer Market Dynamics Government regulations and public-private partnerships for promoting the use of hydrogen as an automotive fuel and energy carrier are expected to emerge as the most significant growth driver for electrolyzers market over the forecast period. Moreover, in geographies where transportation of hydrogen from long distances is either not cost effective or generation cost from natural gas is comparatively higher, end-users are preferring small scale electrolyzers for
Hydrogen Electrolyzer Market Regulations and Competitive Landscape Outlook to 20 …
Hydrogen, used across various industrial applications such as chemicals, electronics, glass, etc., is produced both as a principal product and a by-product. More than 90% of total hydrogen demand across the globe depends upon fossil fuel based resources. Only a small fraction of this demand is met by hydrogen produced by water electrolysis. Different kind of electrolyzers such as alkaline electrolyzer, polymer electrolyte membrane (PEM) electrolyzer, solid oxide electrolyzer etc.