Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Hydrogen Electrolyzers Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Hydrogen Electrolyzers Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Hydrogen
Electrolyzers Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Hydrogen Electrolyzers Market is offered. In accordance with the report, the global
Hydrogen Electrolyzers Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Hydrogen, used across various industrial applications such as
electronics, chemicals, glass, etc., is produced both as a principal product
and a by-product. Only a small fraction of this demand is met by hydrogen
produced by water electrolysis. Different kind of electrolyzers such as
alkaline electrolyzer, polymer electrolyte membrane (PEM) electrolyzer, solid
oxide electrolyzer etc. are available in the market, which differ in processing
methods and operational efficiency. Increasing demand for highly efficient and
low-space utilizing energy storage systems to handle the electricity produced
from solar, wind and hydropower generation units are primary factors driving
the global hydrogen electrolyzers market during forecast period.
The power generation units across the globe are shifting from
traditional battery-based systems for power storage novel technologies such as
hydrogen electrolyzers. Post fulfillment of hydrogen storage tanks are further
recycled through hydrogen electrolyzers and distributed electricity to the
respective grids. Additionally, increasing establishments of renewable power
generation units across the globe coupled with growing investments by the
organization in future sustainable technologies are contributing to the growth
of hydrogen electrolyzer market during forecast period.
Government regulations and public-private partnerships for promoting
the use of hydrogen as an automotive fuel and energy carrier are expected to
emerge as the most significant growth driver for electrolyzers market over the
forecast period. Moreover, in geographies where transportation of hydrogen from
long distances is either not cost effective or generation cost from natural gas
is comparatively higher, end-users are preferring small scale electrolyzers for
on-site generation. The production cost can be brought down by technological
development in hydrogen electrolyzers. Therefore, there is the opportunity to
grow the market by advancing systems of hydrogen storage and high-pressure
electrolyzers are anticipated to provide significant growth over the forecast
period. In recent years, the demand for high capacity hydrogen electrolyzer has
gained momentum, and it is estimated that that the technology development by
players such as Siemens is enabling it to capture a sizeable market share for
the production of hydrogen by competing with other technologies. Asia Pacific
may also prove to be a growth generator as key manufacturers are investing
hugely in research and development activities across the region.
Segment Covered:
This market
intelligence report on the global Hydrogen Electrolyzers Market encompasses market segments based on product type,
capacity, outlet pressure, end use and region.
By Product Type the global Hydrogen
Electrolyzers Market has been divided into:
·
PEM Electrolyzer
·
Alkaline
Electrolyzer
·
Solid Oxide
Electrolyzer
By Capacity the global Hydrogen Electrolyzers
Market has been divided into:
·
Low (<= 500
kW)
·
Medium (500 kW–2
MW)
·
High (> 2 MW)
By Outlet
Pressure the global Hydrogen Electrolyzers Market has been divided into:
·
Low (<= 10
Bar)
·
Medium (150
Bar–40 Bar)
·
High (> 40
Bar)
By End User the
global Hydrogen Electrolyzers Market has been divided into:
·
Ammonia
·
Electronics
·
Energy
·
Food &
Beverages
·
Glass Industry
·
Metal Production
& Fabrication
·
Methanol
·
Pharma &
Biotech
·
Power to Gas
·
Refining/
Hydrocarbon
·
Transport
·
Other Industrial
By country/region, the global Hydrogen
Electrolyzers Market has been divided into:
·
North America
(the U.S., Canada),
·
Latin America
(Brazil, Mexico, Argentina and other countries)
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries)
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries)
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries)
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
Accagen SA
·
Areva H2Gen
·
Beijing CEI
Technology Co., Ltd.
·
ELB
Elektrolysetechnik GmbH
·
Giner Inc.
·
GreenHydrogen.dk
ApS
·
Hydrogenics
·
iGas Energy GmbH
·
ITM Power Plc
·
McPhy Energy S.A
·
Nel Hydrogen
·
Next Hydrogen
·
Siemens AG
·
Tianjin Mainland
Hydrogen Equipment Co. Ltd
Others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Hydrogen Electrolyzers Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the growth
of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Hydrogen
Electrolyzers Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Hydrogen Electrolyzers Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Hydrogen Electrolyzers caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Hydrogen
Electrolyzers Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Hydrogen Electrolyzers Market
v
Identification
of key factors driving investment opportunities in the Hydrogen
Electrolyzers Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants