수소 전해조 시장 규모, 점유율, 성장 분석 : 제품 유형별, 용량별, 출구 압력별, 최종 용도별, 지역별 - 산업 예측(2025-2032년)

Global Hydrogen Electrolyzer Market size was valued at USD 0.52 billion in 2023 and is poised to grow from USD 0.79 billion in 2024 to USD 21.52 billion by 2032, growing at a CAGR of 51.23% during the forecast period (2025-2032).

The global hydrogen electrolyzer market is witnessing substantial growth fueled by regulatory support, technological advancements, and enhanced synergy with renewable energy sources. Governments worldwide are enacting strict policies and providing incentives to bolster the shift towards clean energy, resulting in significant public and private investments in hydrogen infrastructure. Hydrogen electrolyzers play a crucial role in generating green hydrogen from renewable sources, positioning themselves as key drivers of this transition. Continuous technological innovations enhance market potential through improved efficiency, reduced costs, and greater scalability. These advancements make hydrogen production more viable across various applications, including transportation, industrial processes, and energy storage. Additionally, the seamless integration of hydrogen production with renewable energy, particularly wind and solar, serves as a vital catalyst for market expansion.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Hydrogen Electrolyzer market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Hydrogen Electrolyzer Market Segments Analysis

Global Hydrogen Electrolyzer Market is segmented by Product Type, Capacity, Outlet Pressure, End Use and region. Based on Product Type, the market is segmented into Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer and Solid Oxide Electrolyzer. Based on Capacity, the market is segmented into Low (<= 150 kW), Medium (150kW - 1mW) and High (> 1mW). Based on Outlet Pressure, the market is segmented into Low (<= 10 Bar), Medium (150 Bar - 40 Bar) and High (> 40 Bar). Based on End Use, the market is segmented into Ammonia, Methanol, Refining/ Hydrocarbon, Electronics, Energy, Power to Gas, Transport, Metal Production and Fabrication, Pharma and Biotech, Food and Beverages, Glass Industry and Other Industrial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Hydrogen Electrolyzer Market

The growing emphasis on minimizing carbon emissions is significantly fueling the demand for green hydrogen, which is generated through hydrogen electrolyzers that utilize renewable energy sources. Both governments and industries around the globe are channeling investments into extensive green hydrogen initiatives to facilitate decarbonization across various sectors, including transportation, power generation, and industrial manufacturing. Additionally, the introduction of incentives, subsidies, and supportive policies aimed at advancing clean energy transitions is further propelling the uptake of hydrogen electrolyzers. This shift towards sustainable energy solutions is essential in addressing climate change and promoting a cleaner future.

Restraints in the Global Hydrogen Electrolyzer Market

The global hydrogen electrolyzer market faces substantial challenges due to the high costs associated with establishing the necessary infrastructure. The financial burden of acquiring electrolyzer units, alongside the complexities involved in integrating these systems with renewable energy sources, creates a barrier to widespread adoption. This, coupled with ongoing maintenance expenses, significantly hinders market growth, particularly in developing regions where budget constraints are more pronounced. As a result, potential users may be deterred from investing in hydrogen electrolyzers, slowing the transition towards cleaner energy solutions and limiting the overall expansion of the market.

Market Trends of the Global Hydrogen Electrolyzer Market

The Global Hydrogen Electrolyzer market is witnessing a significant upward trend, driven by the expansion of large-scale green hydrogen projects. As nations worldwide intensify their commitment to clean energy, the integration of electrolyzers with renewable energy sources, particularly solar and wind, is becoming pivotal. Countries such as Germany, Australia, and Saudi Arabia are spearheading the development of massive hydrogen hubs, positioning themselves as future leaders in hydrogen production and export. This surge in investment and technological advancement not only enhances hydrogen production efficiency but also facilitates competitive pricing, ultimately fostering a robust ecosystem centered around green hydrogen solutions.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Analysis

Global Hydrogen Electrolyzer Market Size by Product Type & CAGR (2025-2032)

• Market Overview
• Proton Exchange Membrane Electrolyzer
• Alkaline Electrolyzer
• Solid Oxide Electrolyzer

Global Hydrogen Electrolyzer Market Size by Capacity & CAGR (2025-2032)

• Market Overview
• Low (<= 150 kW)
• Medium (150kW - 1mW)
  • 150 - 400 kW
  • 400 - 750kW
  • 750 - 1mW
• High (> 1mW)
  • 1 - 10 mW
  • 10 - 20 mW
  • Above 20 mW

Global Hydrogen Electrolyzer Market Size by Outlet Pressure & CAGR (2025-2032)

• Market Overview
• Low (<= 10 Bar)
• Medium (150 Bar - 40 Bar)
• High (> 40 Bar)

Global Hydrogen Electrolyzer Market Size by End Use & CAGR (2025-2032)

• Market Overview
• Ammonia
• Methanol
• Refining/ Hydrocarbon
• Electronics
• Energy
• Power to Gas
• Transport
• Metal Production and Fabrication
• Pharma and Biotech
• Food and Beverages
• Glass Industry
• Other Industrial

Global Hydrogen Electrolyzer Market Size & CAGR (2025-2032)

• North America (Product Type, Capacity, Outlet Pressure, End Use)
  • US
  • Canada
• Europe (Product Type, Capacity, Outlet Pressure, End Use)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Capacity, Outlet Pressure, End Use)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Capacity, Outlet Pressure, End Use)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Capacity, Outlet Pressure, End Use)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Siemens Energy (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thyssenkrupp Nucera (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• John Cockerill (Belgium)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Plug Power Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ITM Power PLC (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• McPhy Energy S.A. (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Enapter S.r.l. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cummins Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ballard Power Systems Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LONGi (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PERIC Hydrogen Technologies Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Green Hydrogen Systems (Denmark)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sunfire GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bloom Energy (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HydrogenPro (Norway)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• H-TEC SYSTEMS GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Asahi Kasei Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Beijing SinoHy Energy Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Giner Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations