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Electrolyzers Global Market Report 2022

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¼¼°èÀÇ ÀüÇØÁ¶ ½ÃÀå(2022³â) Electrolyzers Global Market Report 2022
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LSH 22.08.03

“Electrolyzers Global Market Report 2022” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global electrolyzers market.

This report focuses on electrolyzers market which is experiencing strong growth. The report gives a guide to the electrolyzers market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the electrolyzers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Electrolyzers market global report” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider electrolyzers market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The electrolyzers market section of the report gives context. It compares the electrolyzers market with other segments of the electrolyzers market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, electrolyzers indicators comparison.

Scope

Markets Covered:

  • 1) By Product: Alkaline Electrolyzer; PEM Electrolyzer; Solid Oxide Electrolyzer
  • 2) By Capacity: Less than 500 kW; 500 kW to 2 MW; Above 2 MW
  • 3) By Application: Power Plants; Steel Plants; Electronics And Photovoltaics; Industrial Gases; Energy Storage or Fueling for FCEV's; Power to Gas; Other Applications
  • Companies Mentioned: Nel ASA; Asahi Kasei Corporation; Hydrogenics; Areva H2gen; Siemens AG
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the electrolyzers market are: Nel ASA, Asahi Kasei Corporation, Hydrogenics, Areva H2gen, Siemens AG, McPhy Energy S.A., ITM Power PLC, Erredue SpA, Enapter, Next Hydrogen, Tianjin Continental Hydrogen Equipment Co. Ltd., Toshiba Corporation, Air Liquide S.A, Plug Power Inc., and H-TEC SYSTEMS GmbH.

The global electrolyzers market is expected to grow from $0.27 billion in 2021 to $0.29 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The electrolyzers market is expected to grow to $0.46 billion in 2026 at a CAGR of 11.5%.

The electrolyzers market consists of sales of electrolyzers by entities (organizations, sole traders, and partnerships) that are mainly used in power generation systems. The electrolyzers are the devices that perform the electrolysis of water into hydrogen and oxygen using electricity. The hydrogen produced from an electrolyzer is ideal to be used with hydrogen fuel cells.

The main products in electrolyzers are alkaline electrolyzer, PEM electrolyzer, and solid oxide electrolyzer. Alkaline electrolyzers perform at a mean temperature of 80-160°C. The capacities of electrolyzers include less than 500 KW, 500 KW to 2 MW, and above 2 MW and the various applications include power plants, steel plants, electronics and photovoltaics, industrial gases, energy storage, or fueling for FCEV, power to gas, and others.

Western Europe was the largest region in the electrolyzers market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrolyzers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The electrolyzers market research report is one of a series of new reports from The Business Research Company that provides electrolyzers market statistics, including electrolyzers industry global market size, regional shares, competitors with a electrolyzers market share, detailed electrolyzers market segments, market trends and opportunities, and any further data you may need to thrive in the electrolyzers industry. This electrolyzers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Growing demand for fuel cell-based automotive is significantly contributing to the growth of the electrolyzers market. A fuel cell-based automotive is an electrically driven vehicle that utilizes hydrogen as an energy source by a fuel cell that generates electricity. The electrolyzers support the operation of fuel cell-based automotive by providing hydrogen to be used as fuel. For instance, in 2021, the sales of passenger electric vehicles including fuel cell vehicles were 140% higher than in 2019. Therefore, the growing demand for fuel cell-based automotive is driving the growth of the electrolyzers market.

Technological advancements are a key trend gaining popularity in the electrolyzers market. Technological advancement is a discovery of knowledge that advances technology. For instance, in October 2019, Technion Israel Institute of Technology researchers, an Israel-based public research university developed E-TAC, a new electrolysis technology for electrochemical - thermally activated water splitting. This technology provides an energy efficiency of 98.7% for the production of hydrogen from water.

In October 2020, GTT, a France-based engineering firm acquired Areva H2Gen for an undisclosed amount. Through this acquisition, GTT aimed to continue to develop advanced technologies for better energy efficiency and to strengthen its technological portfolio with green hydrogen expertise. Areva H2Gen is a France-based company in electrolyzers manufacturing.

The countries covered in the electrolyzers market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Table of Contents

1. Executive Summary

2. Electrolyzers Market Characteristics

3. Electrolyzers Market Trends And Strategies

4. Impact Of COVID-19 On Electrolyzers

5. Electrolyzers Market Size And Growth

  • 5.1. Global Electrolyzers Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Electrolyzers Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Electrolyzers Market Segmentation

  • 6.1. Global Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Alkaline Electrolyzer
  • PEM Electrolyzer
  • Solid Oxide Electrolyzer
  • 6.2. Global Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Less than 500 kW

500 kW to 2 MW

  • Above 2 MW
  • 6.3. Global Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Power Plants
  • Steel Plants
  • Electronics And Photovoltaics
  • Industrial Gases
  • Energy Storage or Fueling for FCEV's
  • Power to Gas
  • Others

7. Electrolyzers Market Regional And Country Analysis

  • 7.1. Global Electrolyzers Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Electrolyzers Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Electrolyzers Market

  • 8.1. Asia-Pacific Electrolyzers Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 8.3. Asia-Pacific Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Electrolyzers Market

  • 9.1. China Electrolyzers Market Overview
  • 9.2. China Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
  • 9.3. China Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Electrolyzers Market

  • 10.1. India Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 10.2. India Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Electrolyzers Market

  • 11.1. Japan Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 11.2. Japan Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Electrolyzers Market

  • 12.1. Australia Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 12.2. Australia Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Electrolyzers Market

  • 13.1. Indonesia Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 13.2. Indonesia Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Electrolyzers Market

  • 14.1. South Korea Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 14.2. South Korea Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Electrolyzers Market

  • 15.1. Western Europe Electrolyzers Market Overview
  • 15.2. Western Europe Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 15.3. Western Europe Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Electrolyzers Market

  • 16.1. UK Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 16.2. UK Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Electrolyzers Market

  • 17.1. Germany Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 17.2. Germany Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Electrolyzers Market

  • 18.4. France Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 18.5. France Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Electrolyzers Market

  • 19.1. Eastern Europe Electrolyzers Market Overview
  • 19.2. Eastern Europe Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 19.3. Eastern Europe Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Electrolyzers Market

  • 20.1. Russia Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 20.2. Russia Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Electrolyzers Market

  • 21.1. North America Electrolyzers Market Overview
  • 21.2. North America Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 21.3. North America Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Electrolyzers Market

  • 22.1. USA Electrolyzers Market Overview
  • 22.2. USA Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 22.3. USA Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Electrolyzers Market

  • 23.1. South America Electrolyzers Market Overview
  • 23.2. South America Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 23.3. South America Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Electrolyzers Market

  • 24.1. Brazil Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 24.2. Brazil Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Electrolyzers Market

  • 25.1. Middle East Electrolyzers Market Overview
  • 25.2. Middle East Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 25.3. Middle East Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Electrolyzers Market

  • 26.1. Africa Electrolyzers Market Overview
  • 26.2. Africa Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 26.3. Africa Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Electrolyzers Market Competitive Landscape And Company Profiles

  • 27.1. Electrolyzers Market Competitive Landscape
  • 27.2. Electrolyzers Market Company Profiles
    • 27.2.1. Nel ASA
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. Asahi Kasei Corporation
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Hydrogenics
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. Areva H2gen
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Siemens AG
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Electrolyzers Market

29. Electrolyzers Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Research Inquiries
  • 30.4. The Business Research Company
  • 30.5. Copyright And Disclaimer
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