Global Electrolyzer Market Growth, Share, Size, Trends and Forecast (2023 - 2029)

Segmented by Product;

Alkaline electrolyzer, PEM electrolyzer and SOEC electrolyzer.

Segmented by Capacity;

Less than 500 kW, 500 kW - 2 MW and Above 2 MW.

Segmented by Application;

Power generation, Transportation, Industry energy, Industry feedstock, Building heat & power and Others.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2019 - 2029).
Report ID: Rn417818011 Published Date: January, 2023 Updated Date: February, 2023

Introduction

Global Electrolyzer Market (USD Million), 2019 - 2029

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2019 - 2029
2019 77.5
2020 86.1
2021 97.8
2022 117.4
2023 122.1
2024 141.8
2025 142.4
2026 142.7
2027 161.6
2028 167.3
2029 167.7

In the year 2022, the Global Electrolyzer Market was valued at USD 260.92 million. The size of this market is expected to increase to USD 951.40 million by the year 2029, while growing at a Compounded Annual Growth Rate (CAGR) of 20.3%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Capacity
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
    5. Market Opportunity Map
  4. Global Electrolyzer Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Electrolyzer Market, By Product, 2021 - 2031 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2023 and 2029 (%)
      3. Y-o-Y Growth Analysis, 2020 - 2029
      4. Segment Trends
        1. Alkaline electrolyzer
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        2. PEM electrolyzer
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        3. SOEC electrolyzer
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
    2. Global Electrolyzer Market, By Capacity, 2021 - 2031 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2023 and 2029 (%)
      3. Y-o-Y Growth Analysis, 2020 - 2029
      4. Segment Trends
        1. Less than 500 kW
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        2. 500 kW - 2 MW
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        3. Above 2 MW
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
    3. Global Electrolyzer Market, By Application, 2021 - 2031 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2023 and 2029 (%)
      3. Y-o-Y Growth Analysis, 2020 - 2029
      4. Segment Trends
        1. Power generation
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        2. Transportation
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        3. Industry energy
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        4. Industry feedstock
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        5. Building heat & power
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
        6. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2019 - 2029 (USD Million)
    4. Global Electrolyzer Market, By Geography, 2021 - 2031 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2023 and 2029 (%)
      3. Y-o-Y Growth Analysis, 2020 - 2029
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2029 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2019 - 2029 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2029 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Hydrogenics
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Nel ASA
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Proton Onsite
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Siemens
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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