Global Hydrogen Electrolyzer Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Hydrogen Electrolyzer Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 Traditional Alkaline Electroliser
- 1.3.3 PEM Electroliser
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Hydrogen Electrolyzer Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Power Plants
- 1.4.3 Steel Plant
- 1.4.4 Electronics and Photovoltaics
- 1.4.5 Industrial Gases
- 1.4.6 Energy Storage or Fueling for FCEV's
- 1.4.7 Power to Gas
- 1.4.8 Others
- 1.5 Global Hydrogen Electrolyzer Market Size & Forecast
- 1.5.1 Global Hydrogen Electrolyzer Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Hydrogen Electrolyzer Sales Quantity (2019-2030)
- 1.5.3 Global Hydrogen Electrolyzer Average Price (2019-2030)
2 Manufacturers Profiles
- 2.1 718th Research Institute of CSIC
- 2.1.1 718th Research Institute of CSIC Details
- 2.1.2 718th Research Institute of CSIC Major Business
- 2.1.3 718th Research Institute of CSIC Hydrogen Electrolyzer Product and Services
- 2.1.4 718th Research Institute of CSIC Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 718th Research Institute of CSIC Recent Developments/Updates
- 2.2 Suzhou Jingli
- 2.2.1 Suzhou Jingli Details
- 2.2.2 Suzhou Jingli Major Business
- 2.2.3 Suzhou Jingli Hydrogen Electrolyzer Product and Services
- 2.2.4 Suzhou Jingli Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Suzhou Jingli Recent Developments/Updates
- 2.3 Proton On-Site
- 2.3.1 Proton On-Site Details
- 2.3.2 Proton On-Site Major Business
- 2.3.3 Proton On-Site Hydrogen Electrolyzer Product and Services
- 2.3.4 Proton On-Site Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 Proton On-Site Recent Developments/Updates
- 2.4 Cummins
- 2.4.1 Cummins Details
- 2.4.2 Cummins Major Business
- 2.4.3 Cummins Hydrogen Electrolyzer Product and Services
- 2.4.4 Cummins Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.4.5 Cummins Recent Developments/Updates
- 2.5 Siemens
- 2.5.1 Siemens Details
- 2.5.2 Siemens Major Business
- 2.5.3 Siemens Hydrogen Electrolyzer Product and Services
- 2.5.4 Siemens Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.5.5 Siemens Recent Developments/Updates
- 2.6 Teledyne Energy Systems
- 2.6.1 Teledyne Energy Systems Details
- 2.6.2 Teledyne Energy Systems Major Business
- 2.6.3 Teledyne Energy Systems Hydrogen Electrolyzer Product and Services
- 2.6.4 Teledyne Energy Systems Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.6.5 Teledyne Energy Systems Recent Developments/Updates
- 2.7 EM Solution
- 2.7.1 EM Solution Details
- 2.7.2 EM Solution Major Business
- 2.7.3 EM Solution Hydrogen Electrolyzer Product and Services
- 2.7.4 EM Solution Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.7.5 EM Solution Recent Developments/Updates
- 2.8 McPhy
- 2.8.1 McPhy Details
- 2.8.2 McPhy Major Business
- 2.8.3 McPhy Hydrogen Electrolyzer Product and Services
- 2.8.4 McPhy Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.8.5 McPhy Recent Developments/Updates
- 2.9 Nel Hydrogen
- 2.9.1 Nel Hydrogen Details
- 2.9.2 Nel Hydrogen Major Business
- 2.9.3 Nel Hydrogen Hydrogen Electrolyzer Product and Services
- 2.9.4 Nel Hydrogen Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.9.5 Nel Hydrogen Recent Developments/Updates
- 2.10 Toshiba
- 2.10.1 Toshiba Details
- 2.10.2 Toshiba Major Business
- 2.10.3 Toshiba Hydrogen Electrolyzer Product and Services
- 2.10.4 Toshiba Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.10.5 Toshiba Recent Developments/Updates
- 2.11 TianJin Mainland
- 2.11.1 TianJin Mainland Details
- 2.11.2 TianJin Mainland Major Business
- 2.11.3 TianJin Mainland Hydrogen Electrolyzer Product and Services
- 2.11.4 TianJin Mainland Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.11.5 TianJin Mainland Recent Developments/Updates
- 2.12 Yangzhou Chungdean Hydrogen Equipment
- 2.12.1 Yangzhou Chungdean Hydrogen Equipment Details
- 2.12.2 Yangzhou Chungdean Hydrogen Equipment Major Business
- 2.12.3 Yangzhou Chungdean Hydrogen Equipment Hydrogen Electrolyzer Product and Services
- 2.12.4 Yangzhou Chungdean Hydrogen Equipment Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.12.5 Yangzhou Chungdean Hydrogen Equipment Recent Developments/Updates
- 2.13 Elogen
- 2.13.1 Elogen Details
- 2.13.2 Elogen Major Business
- 2.13.3 Elogen Hydrogen Electrolyzer Product and Services
- 2.13.4 Elogen Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.13.5 Elogen Recent Developments/Updates
- 2.14 Erredue SpA
- 2.14.1 Erredue SpA Details
- 2.14.2 Erredue SpA Major Business
- 2.14.3 Erredue SpA Hydrogen Electrolyzer Product and Services
- 2.14.4 Erredue SpA Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.14.5 Erredue SpA Recent Developments/Updates
- 2.15 Kobelco Eco-Solutions
- 2.15.1 Kobelco Eco-Solutions Details
- 2.15.2 Kobelco Eco-Solutions Major Business
- 2.15.3 Kobelco Eco-Solutions Hydrogen Electrolyzer Product and Services
- 2.15.4 Kobelco Eco-Solutions Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.15.5 Kobelco Eco-Solutions Recent Developments/Updates
- 2.16 ITM Power
- 2.16.1 ITM Power Details
- 2.16.2 ITM Power Major Business
- 2.16.3 ITM Power Hydrogen Electrolyzer Product and Services
- 2.16.4 ITM Power Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.16.5 ITM Power Recent Developments/Updates
- 2.17 Idroenergy Spa
- 2.17.1 Idroenergy Spa Details
- 2.17.2 Idroenergy Spa Major Business
- 2.17.3 Idroenergy Spa Hydrogen Electrolyzer Product and Services
- 2.17.4 Idroenergy Spa Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.17.5 Idroenergy Spa Recent Developments/Updates
- 2.18 ShaanXi HuaQin
- 2.18.1 ShaanXi HuaQin Details
- 2.18.2 ShaanXi HuaQin Major Business
- 2.18.3 ShaanXi HuaQin Hydrogen Electrolyzer Product and Services
- 2.18.4 ShaanXi HuaQin Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.18.5 ShaanXi HuaQin Recent Developments/Updates
- 2.19 Beijing Zhongdian
- 2.19.1 Beijing Zhongdian Details
- 2.19.2 Beijing Zhongdian Major Business
- 2.19.3 Beijing Zhongdian Hydrogen Electrolyzer Product and Services
- 2.19.4 Beijing Zhongdian Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.19.5 Beijing Zhongdian Recent Developments/Updates
- 2.20 Elchemtech
- 2.20.1 Elchemtech Details
- 2.20.2 Elchemtech Major Business
- 2.20.3 Elchemtech Hydrogen Electrolyzer Product and Services
- 2.20.4 Elchemtech Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.20.5 Elchemtech Recent Developments/Updates
- 2.21 H2B2
- 2.21.1 H2B2 Details
- 2.21.2 H2B2 Major Business
- 2.21.3 H2B2 Hydrogen Electrolyzer Product and Services
- 2.21.4 H2B2 Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.21.5 H2B2 Recent Developments/Updates
- 2.22 Verde LLC
- 2.22.1 Verde LLC Details
- 2.22.2 Verde LLC Major Business
- 2.22.3 Verde LLC Hydrogen Electrolyzer Product and Services
- 2.22.4 Verde LLC Hydrogen Electrolyzer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.22.5 Verde LLC Recent Developments/Updates
3 Competitive Environment: Hydrogen Electrolyzer by Manufacturer
- 3.1 Global Hydrogen Electrolyzer Sales Quantity by Manufacturer (2019-2024)
- 3.2 Global Hydrogen Electrolyzer Revenue by Manufacturer (2019-2024)
- 3.3 Global Hydrogen Electrolyzer Average Price by Manufacturer (2019-2024)
- 3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Hydrogen Electrolyzer by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Hydrogen Electrolyzer Manufacturer Market Share in 2023
- 3.4.3 Top 6 Hydrogen Electrolyzer Manufacturer Market Share in 2023
- 3.5 Hydrogen Electrolyzer Market: Overall Company Footprint Analysis
- 3.5.1 Hydrogen Electrolyzer Market: Region Footprint
- 3.5.2 Hydrogen Electrolyzer Market: Company Product Type Footprint
- 3.5.3 Hydrogen Electrolyzer Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Hydrogen Electrolyzer Market Size by Region
- 4.1.1 Global Hydrogen Electrolyzer Sales Quantity by Region (2019-2030)
- 4.1.2 Global Hydrogen Electrolyzer Consumption Value by Region (2019-2030)
- 4.1.3 Global Hydrogen Electrolyzer Average Price by Region (2019-2030)
- 4.2 North America Hydrogen Electrolyzer Consumption Value (2019-2030)
- 4.3 Europe Hydrogen Electrolyzer Consumption Value (2019-2030)
- 4.4 Asia-Pacific Hydrogen Electrolyzer Consumption Value (2019-2030)
- 4.5 South America Hydrogen Electrolyzer Consumption Value (2019-2030)
- 4.6 Middle East & Africa Hydrogen Electrolyzer Consumption Value (2019-2030)
5 Market Segment by Type
- 5.1 Global Hydrogen Electrolyzer Sales Quantity by Type (2019-2030)
- 5.2 Global Hydrogen Electrolyzer Consumption Value by Type (2019-2030)
- 5.3 Global Hydrogen Electrolyzer Average Price by Type (2019-2030)
6 Market Segment by Application
- 6.1 Global Hydrogen Electrolyzer Sales Quantity by Application (2019-2030)
- 6.2 Global Hydrogen Electrolyzer Consumption Value by Application (2019-2030)
- 6.3 Global Hydrogen Electrolyzer Average Price by Application (2019-2030)
7 North America
- 7.1 North America Hydrogen Electrolyzer Sales Quantity by Type (2019-2030)
- 7.2 North America Hydrogen Electrolyzer Sales Quantity by Application (2019-2030)
- 7.3 North America Hydrogen Electrolyzer Market Size by Country
- 7.3.1 North America Hydrogen Electrolyzer Sales Quantity by Country (2019-2030)
- 7.3.2 North America Hydrogen Electrolyzer Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
- 8.1 Europe Hydrogen Electrolyzer Sales Quantity by Type (2019-2030)
- 8.2 Europe Hydrogen Electrolyzer Sales Quantity by Application (2019-2030)
- 8.3 Europe Hydrogen Electrolyzer Market Size by Country
- 8.3.1 Europe Hydrogen Electrolyzer Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Hydrogen Electrolyzer Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
- 9.1 Asia-Pacific Hydrogen Electrolyzer Sales Quantity by Type (2019-2030)
- 9.2 Asia-Pacific Hydrogen Electrolyzer Sales Quantity by Application (2019-2030)
- 9.3 Asia-Pacific Hydrogen Electrolyzer Market Size by Region
- 9.3.1 Asia-Pacific Hydrogen Electrolyzer Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Hydrogen Electrolyzer Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 South Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
- 10.1 South America Hydrogen Electrolyzer Sales Quantity by Type (2019-2030)
- 10.2 South America Hydrogen Electrolyzer Sales Quantity by Application (2019-2030)
- 10.3 South America Hydrogen Electrolyzer Market Size by Country
- 10.3.1 South America Hydrogen Electrolyzer Sales Quantity by Country (2019-2030)
- 10.3.2 South America Hydrogen Electrolyzer Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
- 11.1 Middle East & Africa Hydrogen Electrolyzer Sales Quantity by Type (2019-2030)
- 11.2 Middle East & Africa Hydrogen Electrolyzer Sales Quantity by Application (2019-2030)
- 11.3 Middle East & Africa Hydrogen Electrolyzer Market Size by Country
- 11.3.1 Middle East & Africa Hydrogen Electrolyzer Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Hydrogen Electrolyzer Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
- 12.1 Hydrogen Electrolyzer Market Drivers
- 12.2 Hydrogen Electrolyzer Market Restraints
- 12.3 Hydrogen Electrolyzer Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Hydrogen Electrolyzer and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Hydrogen Electrolyzer
- 13.3 Hydrogen Electrolyzer Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Hydrogen Electrolyzer Typical Distributors
- 14.3 Hydrogen Electrolyzer Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
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.
According to our (Global Info Research) latest study, the global Hydrogen Electrolyzer market size was valued at US$ 856 million in 2023 and is forecast to a readjusted size of USD 18510 million by 2030 with a CAGR of 49.2% during review period.
Global key players of Hydrogen Electrolyzer include Nel Hydrogen, Siemens, Plug Power, PERIC Hydrogen Technologies, Hydrogen Pro, etc. The top five players hold a share about 49%. Asia Pacific is the largest market, and has a share about 46%, followed by Europe and North America with share 27% and 22%, separately. In terms of product type, Alkaline Electrolyzer is the largest segment, accounting for a share of 54%. In terms of application, Power to Gas has a share about 36 percent.
This report is a detailed and comprehensive analysis for global Hydrogen Electrolyzer market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Hydrogen Electrolyzer market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030
Global Hydrogen Electrolyzer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030
Global Hydrogen Electrolyzer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030
Global Hydrogen Electrolyzer market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hydrogen Electrolyzer
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hydrogen Electrolyzer market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include PERIC Hydrogen Technologies, Nel Hydrogen, Longi Green Energy Technology, Sungrow Power Supply, Hydrogen Pro, Plug Power, Siemens, Cockerill Jingli Hydrogen, ThyssenKrupp, Sunfire, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hydrogen Electrolyzer market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
PEM Electrolyzer
Alkaline Electrolyzer
Others
Market segment by Application
Power to Gas
Chemical Industry and Refining
Metallurgy and Steel Industry
Hydrogen Refueling Station
Power Industry
Electronics and Semiconductor
Others
Major players covered
PERIC Hydrogen Technologies
Nel Hydrogen
Longi Green Energy Technology
Sungrow Power Supply
Hydrogen Pro
Plug Power
Siemens
Cockerill Jingli Hydrogen
ThyssenKrupp
Sunfire
McPhy
SANY Hydrogen
TianJin Mainland
Beijing Zhongdian
Cummins
CIMC GH2 Technology
ShaanXi HuaQin
Verde Hydrogen
SPIC Hydrogen Technology
Teledyne Energy Systems
EM Solution
H2B2
Shandong Saikesaisi Hydrogen Energy
China NewGas Energy Technology
Elogen
CPU Hydrogen Power
Kobelco Eco-Solutions
Toshiba
Elchemtech
ITM Power
Ohmium
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydrogen Electrolyzer product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen Electrolyzer, with price, sales quantity, revenue, and global market share of Hydrogen Electrolyzer from 2019 to 2024.
Chapter 3, the Hydrogen Electrolyzer competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen Electrolyzer breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hydrogen Electrolyzer market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen Electrolyzer.
Chapter 14 and 15, to describe Hydrogen Electrolyzer sales channel, distributors, customers, research findings and conclusion.