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Electrolyzer Market Size, Share & Industry Analysis, By Type (Traditional Alkaline Electrolyzer, PEM Electrolyzer), By Application (Power Plants, Steel Plant, Electronics and Photovoltaics, Industrial Gases, Energy Storage or Fueling for FCEVs, Power to Gas, Others), and Regional Forecast, 2024-2032

Last Updated: February 17, 2025 | Format: PDF | Report ID: FBI103919

 

  1. Introduction
    1. Research Scope
    2. Market Segmentation
    3. Research Methodology
    4. Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. Key Insights
    1. Key Emerging Trends – For Major Countries
    2. Latest Technological Advancement
    3. Insights on Regulatory Scenario
    4. Porters Five Forces Analysis
    5. Impact of COVID-19 on the Electrolyzer Market
  5. Global Electrolyzer Market Analysis (USD Million, MW), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Traditional Alkaline Electrolyzer
      2. PEM Electrolyzer
    3. Market Analysis, Insights and Forecast – By Application
      1. Power Plants
      2. Steel Plant
      3. Electronics and Photovoltaics
      4. Industrial Gases
      5. Energy Storage or Fueling for FCEV's
      6. Power to Gas
      7. Others
    4. Market Analysis, Insights and Forecast – By Region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Rest of World
  6. North America Electrolyzer Market Analysis (MW, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Traditional Alkaline Electrolyzer
      2. PEM Electrolyzer
    3. Market Analysis, Insights and Forecast – By Application
      1. Power Plants
      2. Steel Plant
      3. Electronics and Photovoltaics
      4. Industrial Gases
      5. Energy Storage or Fueling for FCEV's
      6. Power to Gas
      7. Others
    4. Market Analysis, Insights and Forecast – By Country
      1. United States Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      2. Canada Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
  7. Europe Electrolyzer Market Analysis (MW, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Traditional Alkaline Electrolyzer
      2. PEM Electrolyzer
    3. Market Analysis, Insights and Forecast – By Application
      1. Power Plants
      2. Steel Plant
      3. Electronics and Photovoltaics
      4. Industrial Gases
      5. Energy Storage or Fueling for FCEV's
      6. Power to Gas
      7. Others
    4. Market Analysis, Insights and Forecast – By Country
      1. Germany Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      2. U.K. Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      3. France Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      4. Italy Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      5. Rest of Europe Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
  8. Asia Pacific Electrolyzer Market Analysis (MW, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Traditional Alkaline Electrolyzer
      2. PEM Electrolyzer
    3. Market Analysis, Insights and Forecast – By Application
      1. Power Plants
      2. Steel Plant
      3. Electronics and Photovoltaics
      4. Industrial Gases
      5. Energy Storage or Fueling for FCEV's
      6. Power to Gas
      7. Others
    4. Market Analysis, Insights and Forecast – By Country
      1. China Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      2. India Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      3. Japan Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      4. South Korea Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      5. Southeast Asia Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
      6. Rest of Asia Market Analysis, Insights and Forecast – By Type
        1. Traditional Alkaline Electrolyzer
        2. PEM Electrolyzer
  9. Rest of the World Electrolyzer Market Analysis (MW, USD Million), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Traditional Alkaline Electrolyzer
      2. PEM Electrolyzer
    3. Market Analysis, Insights and Forecast – By Application
      1. Power Plants
      2. Steel Plant
      3. Electronics and Photovoltaics
      4. Industrial Gases
      5. Energy Storage or Fueling for FCEV's
      6. Power to Gas
      7. Others
  10. Competitive Analysis
    1. Company Market Share Analysis, 2023
    2. Company Profile
      1. Nel Hydrogen
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      2. Asahi Kasei
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      3. Hydrogenics
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      4. Shandong Saikesaisi Hydrogen Energy Co., Ltd.
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      5. Teledyne Energy
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      6. Siemens AG
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      7. Kobelco Eco-Solutions Co. Ltd
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      8. Green Hydrogen Systems
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      9. Next Hydrogen
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      10. H-Tec Systems
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
Read Less

Figure 1: Global Electrolyzer Market Revenue Breakdown (USD Million, %) by Region, 2023 & 2032

Figure 2: Global Electrolyzer Market Value Share (%), by Type, 2023 & 2032

Figure 3: Global Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2019-2032

Figure 4: Global Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2019-2032

Figure 5: Global Electrolyzer Market Value Share (%), by Application, 2023 & 2032

Figure 6: Global Electrolyzer Market Forecast (USD Million), by Power Plants, 2019-2032

Figure 7: Global Electrolyzer Market Forecast (USD Million), by Steel Plant, 2019-2032

Figure 8: Global Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2019-2032

Figure 9: Global Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2019-2032

Figure 10: Global Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2019-2032

Figure 11: Global Electrolyzer Market Forecast (USD Million), by Power to Gas, 2019-2032

Figure 12: Global Electrolyzer Market Forecast (USD Million), by Others, 2019-2032

Figure 13: Global Electrolyzer Market Value Share (%), by Region, 2023 & 2032

Figure 14: North America Electrolyzer Market Value Share (%), by Type, 2023 & 2032

Figure 15: North America Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2019-2032

Figure 16: North America Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2019-2032

Figure 17: North America Electrolyzer Market Value Share (%), by Application, 2023 & 2032

Figure 18: North America Electrolyzer Market Forecast (USD Million), by Power Plants, 2019-2032

Figure 19: North America Electrolyzer Market Forecast (USD Million), by Steel Plant, 2019-2032

Figure 20: North America Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2019-2032

Figure 21: North America Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2019-2032

Figure 22: North America Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2019-2032

Figure 23: North America Electrolyzer Market Forecast (USD Million), by Power to Gas, 2019-2032

Figure 24: North America Electrolyzer Market Forecast (USD Million), by Others, 2019-2032

Figure 25: North America Electrolyzer Market Value (USD Million), by Country, 2023 & 2032

Figure 26: North America Electrolyzer Market Value Share (%), by Country, 2023

Figure 27: Europe Electrolyzer Market Value Share (%), by Type, 2023 & 2032

Figure 28: Europe Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2019-2032

Figure 29: Europe Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2019-2032

Figure 30: Europe Electrolyzer Market Value Share (%), by Application, 2023 & 2032

Figure 31: Europe Electrolyzer Market Forecast (USD Million), by Power Plants, 2019-2032

Figure 32: Europe Electrolyzer Market Forecast (USD Million), by Steel Plant, 2019-2032

Figure 33: Europe Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2019-2032

Figure 34: Europe Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2019-2032

Figure 35: Europe Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2019-2032

Figure 36: Europe Electrolyzer Market Forecast (USD Million), by Power to Gas, 2019-2032

Figure 37: Europe Electrolyzer Market Forecast (USD Million), by Others, 2019-2032

Figure 38: Europe Electrolyzer Market Value (USD Million), by Country, 2023 & 2032

Figure 39: Europe Electrolyzer Market Value Share (%), by Country, 2023

Figure 40: Asia Pacific Electrolyzer Market Value Share (%), by Type, 2023 & 2032

Figure 41: Asia Pacific Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2019-2032

Figure 42: Asia Pacific Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2019-2032

Figure 43: Asia Pacific Electrolyzer Market Value Share (%), by Application, 2023 & 2032

Figure 44: Asia Pacific Electrolyzer Market Forecast (USD Million), by Power Plants, 2019-2032

Figure 45: Asia Pacific Electrolyzer Market Forecast (USD Million), by Steel Plant, 2019-2032

Figure 46: Asia Pacific Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2019-2032

Figure 47: Asia Pacific Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2019-2032

Figure 48: Asia Pacific Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2019-2032

Figure 49: Asia Pacific Electrolyzer Market Forecast (USD Million), by Power to Gas, 2019-2032

Figure 50: Asia Pacific Electrolyzer Market Forecast (USD Million), by Others, 2019-2032

Figure 51: Asia Pacific Electrolyzer Market Value (USD Million), by Country, 2023 & 2032

Figure 52: Asia Pacific Electrolyzer Market Value Share (%), by Country, 2023

Figure 53: Rest of the World Electrolyzer Market Value Share (%), by Type, 2023 & 2032

Figure 54: Rest of the World Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2019-2032

Figure 55: Rest of the World Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2019-2032

Figure 56: Rest of the World Electrolyzer Market Value Share (%), by Application, 2023 & 2032

Figure 57: Rest of the World Electrolyzer Market Forecast (USD Million), by Power Plants, 2019-2032

Figure 58: Rest of the World Electrolyzer Market Forecast (USD Million), by Steel Plant, 2019-2032

Figure 59: Rest of the World Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2019-2032

Figure 60: Rest of the World Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2019-2032

Figure 61: Rest of the World Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2019-2032

Figure 62: Rest of the World Electrolyzer Market Forecast (USD Million), by Power to Gas, 2019-2032

Figure 63: Rest of the World Electrolyzer Market Forecast (USD Million), by Others, 2019-2032

Figure 64: Company Market Share Analysis (%), 2023

Table 1: Global Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 2: Global Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 3: Global Electrolyzer Market Volume (MW) Forecast, by Application 2019-2032

Table 4: Global Electrolyzer Market Volume (USD Million) Forecast, by Application 2019-2032

Table 5: Global Electrolyzer Market Volume (MW) Forecast, by Region, 2019-2032

Table 6: Global Electrolyzer Market Revenue (USD Million) Forecast, by Region, 2019-2032

Table 7: North America Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 8: North America Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 9: North America Electrolyzer Market Volume (MW) Forecast, by Application 2019-2032

Table 10: North America Electrolyzer Market Volume (USD Million) Forecast, by Application 2019-2032

Table 11: North America Electrolyzer Market Volume (MW) Forecast, By Country, 2019-2032

Table 12: North America Electrolyzer Market Revenue (USD Million) Forecast, By Country, 2019-2032

Table 13: U.S. Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 14: U.S. Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 15: Canada Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 16: Canada Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 17: Europe Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 18: Europe Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 19: Europe Electrolyzer Market Volume (MW) Forecast, by Application 2019-2032

Table 20: Europe Electrolyzer Market Volume (USD Million) Forecast, by Application 2019-2032

Table 21: Europe Electrolyzer Market Volume (MW) Forecast, By Country, 2019-2032

Table 22: Europe Electrolyzer Market Revenue (USD Million) Forecast, By Country, 2019-2032

Table 23: Germany Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 24: Germany Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 25: U.K. Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 26: U.K Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 27: France Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 28: France Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 29: Italy Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 30: Italy Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 31: Rest of Europe Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 32: Rest of Europe Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 33: Asia Pacific Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 34: Asia Pacific Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 35: Asia Pacific Electrolyzer Market Volume (MW) Forecast, by Application 2019-2032

Table 36: Asia Pacific Electrolyzer Market Volume (USD Million) Forecast, by Application 2019-2032

Table 37: Asia Pacific Electrolyzer Market Volume (MW) Forecast, By Country, 2019-2032

Table 38: Asia Pacific Electrolyzer Market Revenue (USD Million) Forecast, By Country, 2019-2032

Table 39: China Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 40: China Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 41: India Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 42: India Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 43: Japan Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 44: Japan Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 45: South Korea Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 46: South Korea Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 47: Southeast Asia Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 48: Southeast Asia Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 49: Rest of Asia Pacific Electrolyzer Market Volume (MW) Forecast, by Type, 2018–2031

Table 50: Rest of Asia Pacific Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 51: Rest of the World Electrolyzer Market Volume (MW) Forecast, by Type, 2019-2032

Table 52: Rest of the World Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2019-2032

Table 53: Rest of the World Electrolyzer Market Volume (MW) Forecast, by Application 2019-2032

Table 54: Rest of the World Electrolyzer Market Volume (USD Million) Forecast, by Application 2019-2032

Electrolyzer Market Size, Share and Global Industry Trend Forecast till 2032
  • 2019-2032
  • 2023
  • 2019-2022
  • 209
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