Pune, April 18, 2022 (GLOBE NEWSWIRE) -- Global Electrolyzer Market 2022 research report represents a detailed overview of the current market situation and forecast till 2028. The study is perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, and competition the industry faces alongside gap analysis and new opportunities available and trend within the Electrolyzer Market. Further, this report gives Electrolyzer Market size, recent trends, growth, share, development status, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potential in the given period of forecast. An exhaustive and professional study of the global Electrolyzer market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information about the global market.
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Moreover, the research report gives detailed data about the major factors influencing the growth of the Electrolyzer market at the national and local level forecast of the market size, in terms of value, market share by region, and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT, product portfolio and growth strategies.
About Electrolyzer:
Electrolysis is a promising option for hydrogen production from renewable resources. Electrolysis is the process of using electricity to split water into hydrogen and oxygen. This reaction takes place in a unit called electrolyze. Electrolyzes can range in size from small, appliance-size equipment that is well-suited for small-scale distributed hydrogen production to large-scale, central production facilities that could be tied directly to renewable or other non-greenhouse-gas-emitting forms of electricity production.
Market Analysis and Insights: Global Electrolyzer Market
Due to the COVID-19 pandemic, the global Electrolyzer market size is estimated to be worth US$ 263.4 million in 2022 and is forecast to a readjusted size of US$ 733.1 million by 2028 with a CAGR of 18.6% during the review period. Fully considering the economic change by this health crisis, Traditional Alkaline Electroliser accounting for the Electrolyzer global market in 2021, is projected to value US$ million by 2028, growing at a revised CAGR in the post-COVID-19 period. While Power Plants segment is altered to CAGR throughout this forecast period.
Global core Electrolyzer manufacturers include 718th Research Institute of CSIC, Proton On-Site etc.The major 3 companies hold a share about 35%.Asia Pacific is the largest market, with a share about 45%, followed by Europe and North America with a share of about 30% and 15%.
In terms of production side, this report researches the Electrolyzer capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Electrolyzer by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
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This report gives a detailed description of all the factors influencing the growth of these market players as well as profiles of their companies, their product portfolios, marketing strategies, technology integrations, and more information about these market players. Some of the key players are as follows:
The Major Key Players Listed in Electrolyzer Market Report are:
- Cummins
- Teledyne Energy Systems
- Suzhou Jingli
- McPhy
- TianJin Mainland
- Siemens
- Nel Hydrogen
- Toshiba
- Yangzhou Chungdean Hydrogen Equipment
- Elogen
- ITM Power
- Idroenergy Spa
- Erredue SpA
- Kobelco Eco-Solutions
- ShaanXi HuaQin
- EM Solution
- Beijing Zhongdian
- H2B2
- Elchemtech
- Verde LLC
- Shandong Saksay Hydrogen Energy
- Asahi Kasei
- ELB Elektrolyse technik GmbH
Global Electrolyzer Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electrolyzer market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electrolyzer market.
Global Electrolyzer Market: Segment Analysis
The research report includes specific segments by region (country), company, Type and Application. This study provides information about the sales and revenue during the historic and forecasted period. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Type:
- Traditional Alkaline Electroliser
- PEM Electroliser
By Application:
- Power Plants
- Steel Plant
- Electronics and Photovoltaics
- Industrial Gases
- Energy Storage or Fueling for FCEV's
- Power to Gas
- Others
Geographic Segment Covered in the Report:
The Electrolyzer report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
Key questions answered in the report:
- What is the growth potential of the Electrolyzer market?
- Which product segment will take the lion’s share?
- Which regional market will emerge as a pioneer in the years to come?
- Which application segment will experience strong growth?
- What growth opportunities might arise in the Electrolyzer industry in the years to come?
- What are the most significant challenges that the Electrolyzer market could face in the future?
- Who are the leading companies on the Electrolyzer market?
- What are the main trends that are positively impacting the growth of the market?
- What growth strategies are the players considering to stay in the Electrolyzer market?
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Detailed TOC of Global Electrolyzer Market Report 2022
1 Study Coverage
1.1 Electrolyzer Product Introduction
1.2 Market by Type
1.2.1 Global Electrolyzer Market Size by Type, 2017 VS 2021 VS 2028
1.2.2 Traditional Alkaline Electroliser
1.2.3 PEM Electroliser
1.3 Market by Application
1.3.1 Global Electrolyzer Market Size by Application, 2017 VS 2021 VS 2028
1.3.2 Power Plants
1.3.3 Steel Plant
1.3.4 Electronics and Photovoltaics
1.3.5 Industrial Gases
1.3.6 Energy Storage or Fueling for FCEV's
1.3.7 Power to Gas
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Electrolyzer Production
2.1 Global Electrolyzer Production Capacity (2017-2028)
2.2 Global Electrolyzer Production by Region: 2017 VS 2021 VS 2028
2.3 Global Electrolyzer Production by Region
2.3.1 Global Electrolyzer Historic Production by Region (2017-2022)
2.3.2 Global Electrolyzer Forecasted Production by Region (2023-2028)
3 Global Electrolyzer Sales in Volume & Value Estimates and Forecasts
4 Competition by Manufactures
5 Market Size by Type
6 Market Size by Application
7 North America
8 Europe
9 Asia Pacific
10 Latin America
11 Middle East and Africa
12 Corporate Profiles
13 Industry Chain and Sales Channels Analysis
14 Market Drivers, Opportunities, Challenges and Risks Factors Analysis
15 Key Finding in The Global Electrolyzer Study
16 Appendix
Continued….
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