Electrolyzer Market by Product Type, Distribution Channel, End User 2023-2028

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Global Electrolyzer Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Electrolyzer Market Research Report The
latest report by IMARC, titled Electrolyzer
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028 the
global electrolyzer market size reached US 461.7
Million in 2022. 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. Request
Free Sample Report https//www.imarcgroup.com/el
ectrolyzer-market/requestsample
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Report 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 796.3
Million by 2028, exhibiting a CAGR of 9.3 during
the forecast period (2023-2028). Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
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Report Description and Highlights
Report Description

• Market Summary 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

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Report Description and Highlights
Report Description
Breakup by Region North America
United States Canada
Asia-Pacific China
Japan India
South Korea Austral
ia Indonesia O
thers Europe Germany
France United K
ingdom Italy S
pain Russia Ot
hers

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Report Description and Highlights
Report Description
Brazil Mexico
Others Middle East and
Africa


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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Air Liquide S.A. Air Products and Chemicals Inc. A
  sahi Kasei Corporation Cummins Inc. ITM Power plc
  Linde plc McPhy Energy S.A. Nel ASA Plug Power Inc
  . Siemens AG Titanium Tantalum Products Limited To
  shiba Corporation
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/electrolyzer-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
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resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
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trademarks of their respective companies.
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