Title: Electrolyzer Market Growth, Demand and Challenges of the Key Industry Players
1Global Electrolyzer Market Research and Forecast
Report 2022-2027
Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
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3Report Description and Highlights
Report Description
Global Electrolyzer Market Research Report
2022-2027 According to the latest report by
IMARC Group, titled Electrolyzer Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2022-2027, the global electrolyzer
market size reached US 421 Million in 2021. An
electrolyzer is a system that uses electricity
for carbon-free hydrogen production using
renewable and nuclear resources. It splits water
into hydrogen and oxygen, which is collected
separately and further used in the automotive,
power, and chemical industries. In recent
years, electrolyzer has gained traction across
the globe as it generates electricity with zero
emissions as compared to fossil fuels that
release harmful gases in the environment.
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4Report Description and Highlights
Report Description
Global Electrolyzer Market Trends The market
is primarily driven by the increasing awareness
about the harmful impact of burning fossil fuels.
In addition, the implementation of stringent
policies by governing authorities of numerous
countries to control greenhouse gas (GHG)
emissions from the automotive industry represents
another major growth-inducing factor. Besides
this, electrolyzers are extensively utilized to
power hydrogen fuel cell electric trains, buses,
trucks, and other vehicles. This, coupled with
the rising sales of electric vehicles (EVs), is
driving the demand for hydrogen refueling
stations and electrolyzers. Apart from this,
the market is further propelled by the increasing
product adoption in natural gas grids to lower
carbon heating and refineries to remove sulfur
from fossil fuels. Furthermore, the increasing
adoption of wind and solar panels for electricity
generation and widespread utilization of
electrolyzers in the production of green
chemicals, such as methanol, fertilizers,
ammonia, and liquid jet fuel, are anticipated to
propel the market growth. Looking forward,
IMARC Group expects the market value to reach US
732 Million by 2027, exhibiting a CAGR of 9.45
during the forecast period (2022-2027). View
Report TOC, Figures and Tables
https//www.imarcgroup.com/electrolyzer-market
5Report Description and Highlights
Report Description
- Key Market Segmentation
- The research report includes the following
segments - Breakup by Product
- Alkaline Electrolyzer
- PEM Electrolyzer
- Solid Oxide Electrolyzer
-
- Breakup by Capacity
- Less than 500 kW
- 500 kW to 2 MW
- Above 2 MW
- Breakup by Application
- Power Generation
- Transportation
- Industry Energy
- Industry Feedstock
- Building Heat and Power
- Others
6Report Description and Highlights
Report Description
-
- Breakup by Region
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
- Competitive Landscape with Key Players
- Air Liquide S.A.
- Air Products and Chemicals Inc.
- Asahi Kasei Corporation
- Cummins Inc.
- ITM Power plc
- Linde plc
- McPhy Energy S.A.
- Nel ASA
- Plug Power Inc.
- Siemens AG
7Key Questions Answered in the Report
Report Description
- How has the global electrolyzer market performed
so far and how will it perform in the coming
years? - What has been the impact of COVID-19 on the
global electrolyzer market? - What are the key regional markets?
- What is the breakup of the market based on the
product? - What is the breakup of the market based on the
capacity? - What is the breakup of the market based on the
application? - What are the various stages in the value chain of
the industry? - What are the key driving factors and challenges
in the industry? - What is the structure of the global electrolyzer
market and who are the key players? - What is the degree of competition in the
industry? -
8Table of Contents
Report Description
1 Preface2 Scope and Methodology 2.1
Objectives of the Study 2.2
Stakeholders 2.3 Data Sources
2.3.1 Primary Sources 2.3.2
Secondary Sources 2.4 Market Estimation
2.4.1 Bottom-Up Approach 2.4.2
Top-Down Approach 2.5 Forecasting
Methodology3 Executive Summary4
Introduction 4.1 Overview 4.2 Key
Industry Trends5 Global Electrolyzer Market
5.1 Market Overview 5.2 Market
Performance 5.3 Impact of COVID-19 5.4
Market Forecast
9Table of Contents
Report Description
6 Market Breakup by Product 6.1
Alkaline Electrolyzer 6.1.1 Market
Trends 6.1.2 Market Forecast 6.2
PEM Electrolyzer 6.2.1 Market Trends
6.2.2 Market Forecast 6.3 Solid Oxide
Electrolyzer 6.3.1 Market Trends
6.3.2 Market Forecast7 Market Breakup by
Capacity 7.1 Less than 500 kW
7.1.1 Market Trends 7.1.2 Market
Forecast 7.2 500 kW to 2 MW 7.2.1
Market Trends 7.2.2 Market Forecast
Click here to visit the complete table of
content with list of figures and tables
https//www.imarcgroup.com/electrolyzer-market/toc
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11Partial List of Clients
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A partial List of our Clients
12Report Description and Highlights
Report Description
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