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市場調查報告書
商品編碼
1831928

2025-2033年電解器市場報告（按產品、產能、應用和地區）

Electrolyzer Market Report by Product, Capacity, Application, and Region 2025-2033
出版日期: | 出版商: IMARC | 英文 148 Pages | 商品交期: 2-3個工作天內

價格

2024年，全球電解槽市場規模達5.448億美元。展望未來， IMARC Group預計到2033年，該市場規模將達到10.675億美元，2025-2033年期間的複合年成長率（CAGR）為7.14%。市場成長主要得益於綠色氫能日益成長的需求以及政府推動再生能源發展的優惠政策。此外，提高效率和降低成本的快速技術創新以及氫能基礎設施投資的增加也促進了市場成長，進一步支持了全球脫碳目標和能源轉型計畫。目前，受再生能源應用措施不斷增加的推動，歐洲佔據最大的市場佔有率。

電解器市場趨勢：

綠氫能需求不斷成長

永續能源的推動顯著提升了對綠色氫能的需求。綠色氫能利用再生能源驅動的電解槽生產。這是電解槽市場的重要趨勢之一。綠氫能是一種清潔能源載體，能夠幫助交通運輸、工業和發電等各領域實現脫碳。全球致力於減少碳排放和應對氣候變化，推動了這項轉變，綠色氫能也因此成為實現長期環境永續性的關鍵要素。例如，康明斯公司於2023年3月推出了旗下新動力業務部門旗下的新品牌Accelera by Cummins，以推動零排放解決方案。 Accelera旨在透過其多元化的產品組合（包括電池電動和燃料電池電動解決方案）幫助各行各業轉型為永續實踐。此次發布支持康明斯的「零排放目標」策略，該策略致力於實現所有產品的零排放。 Accelera也將承接一些重大項目，包括在魁北克建造一個90兆瓦的電解槽系統，以及在美國建造一個由1000輛電動校車組成的車隊。

重大技術進步

電解器市場收入穩定成長，主要得益於電解器技術的創新，這些創新提高了效率、降低了營運成本並增強了耐用性。更高的電解效率、更好的催化劑材料和改進的系統整合等進步使電解器更適合大規模氫氣生產。例如，2023 年 3 月，豐田利用其 Mirai 燃料電池汽車的技術開發了一款電解器，並將作為新能源和工業技術發展組織 (NEDO) 資助的計畫在 DENSO 福島工廠實施。該電解器每小時可生產 8 公斤氫氣，將支援當地的氫氣消耗並減少二氧化碳排放。這些技術改進使電解器在工業應用和儲能方面更具吸引力，支援更廣泛地採用氫氣作為清潔能源，並促進電解器市場的成長。

政府激勵措施和政策

世界各國政府正在實施政策並提供財政激勵措施，以促進綠色氫能和電解槽技術的應用。這些措施包括補貼、稅收抵免和研究補助金，旨在加速氫能基礎設施的開發和部署。根據產業報告，印度的目標是到 2047 年實現能源獨立，到 2070 年實現淨零排放。國家綠色氫能使命透過推廣再生能源的使用和綠色氫能來支持這一目標。目標包括使印度成為綠色氫能的主要生產國，減少對化石燃料的依賴，發展本地製造業，吸引投資，創造就業機會和支持研發。到 2030 年，該使命的目標是每年生產至少 500 萬噸綠色氫能，再生能源容量達到 125 吉瓦，投資超過 80 億盧比，並大幅減少化石燃料進口和溫室氣體排放。這種支援對於克服初始成本障礙、促進創新和創造良好的監管環境至關重要，從而推動電解槽市場的成長。

電解器市場細分：

按產品分類：

  • 鹼性電解槽
  • PEM電解器
  • 固態氧化物電解槽

鹼性電解槽佔大部分市場佔有率

鹼性電解槽憑藉其悠久的技術、具成本效益和高可靠性，佔據了電解槽市場的大部分佔有率。它們已投入使用數十年，並擁有久經考驗的性能記錄。鹼性電解槽在較低的溫度和壓力下高效運行，從而降低了營運成本。此外，它們使用廣泛可用且價格低廉的材料，進一步增強了其經濟可行性。其耐用性和可擴展性使其適用於大規模氫氣生產，滿足日益成長的綠色氫氣需求。例如，2023年7月，Nel ASA的子公司Nel Hydrogen Electrolyser AS簽署了一份價值900萬歐元的契約，為Hyd'Occ位於法國Port-La-Nouvelle的專案提供20兆瓦的鹼性電解槽設備。此電解槽將為當地工業和交通運輸生產可再生氫氣，使Port-La-Nouvelle成為地中海地區重要的氫氣樞紐。這反過來又推動了鹼性電解槽市場的發展，從而提升了電解槽的市場價值。

按容量分類：

  • 小於500千瓦
  • 500千瓦至2兆瓦
  • 2兆瓦以上

500千瓦至2兆瓦佔據產業最大佔有率

500 kW 至 2 MW 電解槽因其應用範圍廣泛、規模和靈活性均衡而佔據電解槽市場佔有率的主導地位。此容量範圍非常適合工業應用、再生能源整合和運輸燃料生產，為中等規模製氫提供了高效的解決方案。它實現了成本效益和營運效率的最佳組合，對各類終端用戶都具有吸引力。此外，電解槽市場報告重點介紹了重大技術進步，這些進步提高了該範圍內電解槽的效率和耐用性，進一步推動了其應用。 500 kW 至 2 MW 電解槽的可擴展性和適應性使其成為不斷發展的氫能經濟中的首選。

按應用分類：

  • 發電
  • 運輸
  • 工業能源
  • 工業原料
  • 建築熱電
  • 其他

發電是主要的細分市場

電解槽研究報告根據應用程式對市場進行了詳細的細分和分析。這些應用包括發電、交通運輸、工業能源、工業原料、建築​​供熱和供電等。根據電解槽市場研究報告，發電佔了最大的市場佔有率。

由於對再生能源的日益重視以及對高效能能源儲存解決方案的需求，發電佔據了領先的細分市場。電解槽能夠將過剩的可再生能源（例如太陽能和風能）轉化為綠色氫氣，這些氫氣可以儲存起來，並在電力需求旺盛或可再生能源產量低的時期用於發電。這種能力增強了電網的穩定性和可靠性。此外，電解槽產生的綠色氫氣可用於燃料電池，產生清潔電力，支持向低碳能源系統的轉型。電解槽與發電的整合符合全球脫碳目標和能源永續性計劃，進一步創造了積極的電解槽市場前景。

例如，2024年2月，科欽國際機場有限公司（CIAL）和印度石油公司（BPCL）宣布簽署合作備忘錄，將在喀拉拉邦科欽機場建立全球首個機場綠氫能工廠和加氫站。該工廠將利用再生能源從水中生產氫氣，以支援機場車輛的運作。 BPCL將負責技術和營運，而科欽國際機場將提供土地、水和綠色能源資源。

按地區分類：

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

歐洲引領市場，佔最大電解槽市場佔有率

該報告還對所有主要區域市場進行了全面分析，包括北美（美國和加拿大）；歐洲（德國、法國、英國、義大利、西班牙、俄羅斯等）；亞太地區（中國、日本、印度、韓國、澳洲、印尼等）；拉丁美洲（巴西、墨西哥等）；以及中東和非洲。報告指出，歐洲是電解槽最大的區域市場。

歐洲憑藉對脫碳和再生能源應用的堅定承諾，在電解槽市場佔據主導地位。該地區強而有力的政策框架，包括《歐洲綠色協議》和各種國家氫能戰略，支持氫能技術的開發和部署。例如，根據歐盟委員會官方網站的資訊，歐盟政府批准了七個成員國高達14億歐元的國家援助，用於氫能價值鏈中的第四個歐洲共同利益重要項目（IPCEI）。該計畫名為IPCEI Hy2Move，將支持氫能技術的研究、創新和首次工業部署，以減少交通運輸領域的排放，為歐盟到2050年實現氣候中和目標做出貢獻。預計該項目將釋放33億歐元的私人投資，並創造約3,600個直接就業機會。

此外，大量的研發投入，加上政府大量的資金和補貼，加速了技術進步。此外，歐洲完善的再生能源基礎設施為綠色氫氣生產提供了可靠的來源。政府、產業和研究機構之間的合作進一步推動了電解槽市場的成長，使歐洲成為全球市場的領導者。例如，清潔氫能夥伴關係組織於2023年1月啟動了2023年計畫徵集，撥款1.95億歐元用於開發清潔氫能技術，支持可再生氫能生產項目，並促進低排放氫能應用於難以減排的領域。

競爭格局：

市場研究報告還對市場競爭格局進行了全面分析，並提供了所有主要公司的詳細資料。電解槽產業的一些主要市場參與者包括：

  • 液化空氣公司
  • 空氣產品和化學品公司
  • 旭化成株式會社
  • 康明斯公司
  • ITM電力公司
  • 林德公司
  • 麥克菲能源公司
  • 尼爾
  • 普拉格電源公司
  • 西門子股份公司
  • 鈦鉭製品有限公司
  • 東芝公司

電解槽市場的競爭格局以成熟企業和新興新創企業為主，它們都在快速成長的行業中爭奪市場佔有率。主要參與者專注於技術進步、提高效率和降低成本，以獲得競爭優勢。隨著企業尋求擴大產能和市場佔有率，策略合作夥伴關係、併購和收購日益增加。產品創新，例如可擴展和模組化的電解槽系統，是一個顯著的趨勢。此外，電解槽公司擴大與再生能源供應商合作，以確保為氫氣生產提供穩定的綠色電力，從而進一步提升其競爭地位。

2023年3月，蒂森克虜伯努塞拉與Unigel簽署合作備忘錄，將Unigel位於巴西巴伊亞州的綠色氫能工廠的裝置容量從60兆瓦擴建至240兆瓦。該廠是巴西首個工業規模的綠色氫能工廠，每年將生產1萬噸綠色氫氣和6萬噸綠色氨。

本報告回答的關鍵問題

  • 電解器市場有多大
  • 電解槽市場未來前景如何
  • 推動電解器市場的關鍵因素有哪些
  • 哪個地區佔據電解器市佔率最大
  • 全球電解器市場領先的公司有哪些

本報告回答的關鍵問題

  • 電解器市場有多大？電解器市場未來前景如何？
  • 推動電解器市場發展的關鍵因素有哪些？
  • 哪個地區佔據電解器最大的市佔率？
  • 全球電解器市場領先的公司有哪些？

目錄

第1章：前言

第2章：範圍與方法

  • 研究目標
  • 利害關係人
  • 資料來源
    • 主要來源
    • 二手資料
  • 市場評估
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章：執行摘要

第4章：簡介

第5章：全球電解器市場

  • 市場概況
  • 市場表現
  • COVID-19的影響
  • 市場預測

第6章：市場區隔：依產品

  • 鹼性電解槽
  • PEM電解器
  • 固態氧化物電解槽

第7章：市場區隔：依容量

  • 小於500千瓦
  • 500千瓦至2兆瓦
  • 2兆瓦以上

第 8 章：市場區隔：按應用

  • 發電
  • 運輸
  • 工業能源
  • 工業原料
  • 建築熱電
  • 其他

第9章：市場細分：依地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

第 10 章：SWOT 分析

第 11 章：價值鏈分析

第 12 章：波特五力分析

第13章：價格分析

第 14 章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Air Liquide SA
    • Air Products and Chemicals Inc.
    • Asahi Kasei Corporation
    • Cummins Inc.
    • ITM Power plc
    • Linde plc
    • McPhy Energy SA
    • Nel ASA
    • Plug Power Inc.
    • Siemens AG
    • Titanium Tantalum Products Limited
    • Toshiba Corporation
Product Code: SR112025A4752

The global electrolyzer market size reached USD 544.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,067.5 Million by 2033, exhibiting a growth rate (CAGR) of 7.14% during 2025-2033. The market growth is primarily driven by the increasing demand for green hydrogen and favorable government policies promoting renewable energy. Additionally, rapid technological innovations for improving efficiency and costs and rising investments in hydrogen infrastructure are also contributing to the market growth, further supporting global decarbonization goals and energy transition initiatives. At present, Europe holds the largest market share, driven by increasing initiatives in renewable energy adoption.

Electrolyzer Market Trends:

Increasing Demand for Green Hydrogen

The push toward sustainable energy has significantly boosted the demand for green hydrogen, produced using electrolyzers powered by renewable energy sources. This is one of the significant electrolyzer market trends. Green hydrogen is a clean energy carrier that can decarbonize various sectors, including transportation, industry, and power generation. This shift is driven by global efforts to reduce carbon emissions and combat climate change, making green hydrogen a pivotal component in achieving long-term environmental sustainability. For instance, in March 2023, Cummins Inc. launched Accelera by Cummins, a new brand within its New Power business unit, to advance zero-emissions solutions. Accelera aims to help industries transition to sustainable practices with its diverse portfolio, including battery electric and fuel cell electric solutions. The launch supports Cummins' Destination Zero strategy, which focuses on achieving zero emissions across its products. Accelera will also undertake major projects, including a 90MW electrolyzer system in Quebec and a fleet of 1,000 electric school buses in the US.

Significant Technological Advancements

The electrolyzer market revenue is steadily increasing primarily due to innovations in electrolyzer technology, which have enhanced efficiency, reduced operational costs, and improved durability. Advances such as higher electrolytic efficiency, better catalyst materials, and improved system integration have made electrolyzers more viable for large-scale hydrogen production. For instance, in March 2023, Toyota developed an electrolyzer using technology from its Mirai fuel cell vehicle, set to be implemented at DENSO Fukushima plant as a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO). This electrolyzer, producing 8 kg of hydrogen per hour, will support local hydrogen consumption and reduce CO2 emissions. These technological improvements make electrolyzers more attractive for industrial applications and energy storage, supporting the broader adoption of hydrogen as a clean energy source and contributing to the electrolyzer market growth.

Government Incentives and Policies

Governments worldwide are implementing policies and providing financial incentives to promote the adoption of green hydrogen and electrolyzer technology. These include subsidies, tax credits, and research grants aimed at accelerating the development and deployment of hydrogen infrastructure. According to industry reports, India aims to become energy independent by 2047 and achieve Net Zero by 2070. The National Green Hydrogen Mission supports this goal by promoting renewable energy use and green hydrogen. Objectives include making India a leading producer of green hydrogen, reducing fossil fuel dependence, developing local manufacturing, attracting investment, creating jobs, and supporting R&D. By 2030, the mission aims for at least 5 MMT annual green hydrogen production, 125 GW of renewable energy capacity, over ₹8 lakh crore in investments, and significant reductions in fossil fuel imports and greenhouse gas emissions. Such support is crucial for overcoming initial cost barriers, fostering innovation, and creating a favorable regulatory environment, thereby driving the growth of the electrolyzer market.

Electrolyzer Market Segmentation:

Breakup by Product:

  • Alkaline Electrolyzer
  • PEM Electrolyzer
  • Solid Oxide Electrolyzer

Alkaline electrolyzer accounts for the majority of the market share

Alkaline electrolyzers account for the majority of the electrolyzer market share due to their long-established technology, cost-effectiveness, and reliability. They have been used for decades, providing a proven track record of performance. Alkaline electrolyzers operate efficiently at lower temperatures and pressures, which reduces operational costs. Additionally, they use widely available and inexpensive materials, further enhancing their economic viability. Their durability and scalability make them suitable for large-scale hydrogen production, meeting the growing demand for green hydrogen. For instance, in July 2023, Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, signed a €9 million contract to supply 20 MW of alkaline electrolyser equipment to Hyd'Occ for its project in Port-La-Nouvelle, France. The electrolyser will produce renewable hydrogen for local industry and transportation, positioning Port-La-Nouvelle as a key Mediterranean hydrogen hub. This, in turn, is driving the alkaline electrolyzer segment, thereby enhancing the electrolyzer market value.

Breakup by Capacity:

  • Less than 500 kW
  • 500 kW to 2 MW
  • Above 2 MW

500 kW to 2 MW holds the largest share of the industry

The 500 kW to 2 MW segment dominates the electrolyzer market share due to its suitability for a wide range of applications, balancing scale and flexibility. This capacity range is ideal for industrial applications, renewable energy integration, and transportation fuel production, providing an efficient solution for medium-scale hydrogen generation. It offers an optimal blend of cost-effectiveness and operational efficiency, making it attractive for various end-users. Additionally, the electrolyzer market report highlights significant technological advancements that have improved the efficiency and durability of electrolyzers within this range, further driving their adoption. The scalability and adaptability of 500 kW to 2 MW electrolyzers position them as a preferred choice in the evolving hydrogen economy.

Breakup by Application:

  • Power Generation
  • Transportation
  • Industry Energy
  • Industry Feedstock
  • Building Heat and Power
  • Others

Power generation represents the leading market segment

The electrolyzer research report has provided a detailed breakup and analysis of the market based on the application. This includes power generation, transportation, industry energy, industry feedstock, building heat and power, and others. According to the electrolyzer market research report, power generation represented the largest segment.

Power generation represents the leading market segment due to the growing emphasis on renewable energy sources and the need for efficient energy storage solutions. Electrolyzers enable the conversion of excess renewable energy, such as solar and wind, into green hydrogen, which can be stored and later used to generate electricity during periods of high demand or low renewable output. This capability enhances grid stability and reliability. Additionally, green hydrogen produced by electrolyzers can be used in fuel cells to generate clean electricity, supporting the transition to a low-carbon energy system. The integration of electrolyzers into power generation aligns with global decarbonization goals and energy sustainability initiatives, further creating a positive electrolyzer market outlook.

For instance, in February 2024, Cochin International Airport Ltd (CIAL) and Bharat Petroleum Corporation Ltd (BPCL) announced that they have signed an MoU to establish the world's first airport-based green hydrogen plant and fueling station at Cochin Airport, Kerala. The plant will produce hydrogen from water using renewable energy to support airport vehicle operations. BPCL will oversee technology and operations, while CIAL will provide land, water, and green energy resources.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Europe leads the market, accounting for the largest electrolyzer market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe represents the largest regional market for electrolyzer.

Europe dominates the electrolyzer market due to its strong commitment to decarbonization and renewable energy adoption. The region's robust policy framework, including the European Green Deal and various national hydrogen strategies, supports the development and deployment of hydrogen technologies. For instance, according to the official website of the European Commission, the government approved up to €1.4 billion in State aid from seven Member States for the fourth Important Project of Common European Interest (IPCEI) in the hydrogen value chain. Named IPCEI Hy2Move, the project will support research, innovation, and the first industrial deployment of hydrogen technologies to reduce emissions in the mobility and transport sectors, contributing to the EU's climate-neutral goals by 2050. The initiative is expected to unlock €3.3 billion in private investments and create around 3,600 direct jobs.

Moreover, significant investments in research and development (R&D), coupled with substantial government funding and subsidies, have accelerated technological advancements. Additionally, Europe's well-established renewable energy infrastructure provides a reliable source for green hydrogen production. Collaborative efforts between governments, industry, and research institutions further drive the electrolyzer market growth, positioning Europe as a leader in the global market. For instance, in January 2023, the Clean Hydrogen Partnership launched its 2023 call for proposals, allocating €195 million to develop clean hydrogen technologies, support projects for renewable hydrogen production, and stimulate the use of low-emission hydrogen in hard-to-abate sectors.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the electrolyzer industry include:

  • 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
  • Titanium Tantalum Products Limited
  • Toshiba Corporation

The competitive landscape of the electrolyzer market is characterized by a mix of established companies and emerging startups, all vying for market share in a rapidly growing industry. Key players are focusing on technological advancements, improving efficiency, and reducing costs to gain a competitive edge. Strategic partnerships, mergers, and acquisitions are common as companies seek to expand their capabilities and market presence. Innovations in product offerings, such as scalable and modular electrolyzer systems, is a significant trend. Additionally, electrolyzer companies are increasingly collaborating with renewable energy providers to ensure a steady supply of green electricity for hydrogen production, further enhancing their competitive positions.

In March 2023, thyssenkrupp nucera and Unigel signed a Memorandum of Understanding to expand Unigel's green hydrogen plant in Bahia, Brazil, from 60 MW to 240 MW. This facility, the first industrial-scale green hydrogen plant in Brazil, will produce 10,000 tons/year of green hydrogen and 60,000 tons/year of green ammonia.

Key Questions Answered in This Report

  • 1.How big is the electrolyzer market?
  • 2.What is the future outlook of electrolyzer market?
  • 3.What are the key factors driving the electrolyzer market?
  • 4.Which region accounts for the largest electrolyzer market share?
  • 5.Which are the leading companies in the global electrolyzer market?

Table of Contents

1 Preface

2 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 Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Electrolyzer Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

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 Forecast

7 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
  • 7.3 Above 2 MW
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Power Generation
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Transportation
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Industry Energy
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Industry Feedstock
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Building Heat and Power
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Air Liquide S.A.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Air Products and Chemicals Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Asahi Kasei Corporation
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Cummins Inc.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 ITM Power plc
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Linde plc
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
    • 14.3.7 McPhy Energy S.A.
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
    • 14.3.8 Nel ASA
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
    • 14.3.9 Plug Power Inc.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
    • 14.3.10 Siemens AG
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Titanium Tantalum Products Limited
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Toshiba Corporation
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Electrolyzer Market: Major Drivers and Challenges
  • Figure 2: Global: Electrolyzer Market: Sales Value (in Million USD), 2019-2024
  • Figure 3: Global: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 4: Global: Electrolyzer Market: Breakup by Product (in %), 2024
  • Figure 5: Global: Electrolyzer Market: Breakup by Capacity (in %), 2024
  • Figure 6: Global: Electrolyzer Market: Breakup by Application (in %), 2024
  • Figure 7: Global: Electrolyzer Market: Breakup by Region (in %), 2024
  • Figure 8: Global: Electrolyzer (Alkaline Electrolyzer) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 9: Global: Electrolyzer (Alkaline Electrolyzer) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 10: Global: Electrolyzer (PEM Electrolyzer) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 11: Global: Electrolyzer (PEM Electrolyzer) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 12: Global: Electrolyzer (Solid Oxide Electrolyzer) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 13: Global: Electrolyzer (Solid Oxide Electrolyzer) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 14: Global: Electrolyzer (Less than 500 kW) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 15: Global: Electrolyzer (Less than 500 kW) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 16: Global: Electrolyzer (500 kW to 2 MW) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 17: Global: Electrolyzer (500 kW to 2 MW) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 18: Global: Electrolyzer (Above 2 MW) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 19: Global: Electrolyzer (Above 2 MW) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 20: Global: Electrolyzer (Power Generation) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 21: Global: Electrolyzer (Power Generation) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 22: Global: Electrolyzer (Transportation) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 23: Global: Electrolyzer (Transportation) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 24: Global: Electrolyzer (Industry Energy) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 25: Global: Electrolyzer (Industry Energy) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 26: Global: Electrolyzer (Industry Feedstock) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 27: Global: Electrolyzer (Industry Feedstock) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 28: Global: Electrolyzer (Building Heat and Power) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 29: Global: Electrolyzer (Building Heat and Power) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 30: Global: Electrolyzer (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 31: Global: Electrolyzer (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 32: North America: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 33: North America: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 34: United States: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 35: United States: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 36: Canada: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 37: Canada: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 38: Asia-Pacific: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 39: Asia-Pacific: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 40: China: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 41: China: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 42: Japan: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 43: Japan: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 44: India: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 45: India: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 46: South Korea: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 47: South Korea: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 48: Australia: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 49: Australia: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 50: Indonesia: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 51: Indonesia: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 52: Others: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 53: Others: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 54: Europe: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 55: Europe: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 56: Germany: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 57: Germany: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 58: France: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 59: France: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 60: United Kingdom: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 61: United Kingdom: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 62: Italy: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 63: Italy: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 64: Spain: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 65: Spain: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 66: Russia: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 67: Russia: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 68: Others: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 69: Others: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 70: Latin America: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 71: Latin America: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 72: Brazil: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 73: Brazil: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 74: Mexico: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 75: Mexico: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 76: Others: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 77: Others: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 78: Middle East and Africa: Electrolyzer Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 79: Middle East and Africa: Electrolyzer Market: Breakup by Country (in %), 2024
  • Figure 80: Middle East and Africa: Electrolyzer Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 81: Global: Electrolyzer Industry: SWOT Analysis
  • Figure 82: Global: Electrolyzer Industry: Value Chain Analysis
  • Figure 83: Global: Electrolyzer Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Electrolyzer Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Electrolyzer Market Forecast: Breakup by Product (in Million USD), 2025-2033
  • Table 3: Global: Electrolyzer Market Forecast: Breakup by Capacity (in Million USD), 2025-2033
  • Table 4: Global: Electrolyzer Market Forecast: Breakup by Application (in Million USD), 2025-2033
  • Table 5: Global: Electrolyzer Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 6: Global: Electrolyzer Market: Competitive Structure
  • Table 7: Global: Electrolyzer Market: Key Players