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Electrolyzers Global Market Report 2025
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Global Electrolyzers Market Report 2025

Report Price : $4490.00

Pages : 200

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Electrolyzers Global Market Report 2025

By Product (Alkaline Electrolyzer, PEM Electrolyzer, Solid Oxide Electrolyzers), By Capacity (Less than 500 kW, 500 kW to 2 MW, Above 2 MW), By Application (Power Plants, Steel Plants, Electronics And Photovoltaics, Industrial Gases, Energy Storage or Fueling for FCEV's, Power to Gas, Other Applications) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Electrolyzers Market Overview

• Electrolyzers market size has reached to $0.71 billion in 2024

• Expected to grow to $1.83 billion in 2029 at a compound annual growth rate (CAGR) of 21.1%

• Growth Driver: Fuel Cell-Powered Automotive Surge A Driving Force In The Electrolyzers Market

• Market Trend: Evolving Electrolyzers Market Bloom Energy's High-Volume Commercial Electrolyzer Line Sets New Technological Standards

• Western Europe was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Electrolyzers Market?

Electrolyzes refer to a device that uses electricity to separate the hydrogen and oxygen molecules that make up water to generate hydrogen through a chemical reaction known as electrolysis. It is used for process that helps to separates water into hydrogen and oxygen.

The main products in electrolyzers are alkaline electrolyzer, PEM electrolyzer, and solid oxide electrolyzer. Alkaline electrolyzers perform at a mean temperature of 80–160 °C. The capacities of electrolyzers include less than 500 KW, 500 KW to 2 MW, and above 2 MW and the various applications include power plants, steel plants, electronics and photovoltaics, Industrial Gases, energy storage, or fueling for FCEV, power to gas, and others.

Electrolyzers Market Size and growth rate 2025 to 2029: Graph

What Is The Electrolyzers Market Size 2025 And Growth Rate?

The electrolyzers market size has grown strongly in recent years. It will grow from $0.71 billion in 2024 to $0.85 billion in 2025 at a compound annual growth rate (CAGR) of 21.0%. The growth in the historic period can be attributed to increasing demand for hydrogen as a clean energy carrier, government incentives and subsidies, environmental awareness, expansion of renewable energy sources, early adopters and pilot projects in various industries.

What Is The Electrolyzers Market Growth Forecast?

The electrolyzers market size is expected to see strong growth in the next few years. It will grow to $1.83 billion in 2029 at a compound annual growth rate (CAGR) of 21.1%. The growth in the forecast period can be attributed to emerging applications inThe aviation and maritime sectors, expansion of global hydrogen infrastructure, integration of electrolyzers with renewable energy projects, increasing carbon emissions reduction regulations, increasing growth inThe use of power-to-gas systems. Major trends in the forecast period include green hydrogen production, decentralized hydrogen production, technology advancements, green ammonia production, hydrogen in transportation.

The forecast of 21.1% growth over the next five years reflects a modest reduction of 0.7% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply constraints for proton exchange membranes and catalyst coatings, sourced from key regions such as Canada, Belgium, and Japan, potentially delaying green hydrogen production projects. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Machinery Industry?

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

How Is The Electrolyzers Market Segmented?

1) By Product: Alkaline Electrolyzer, PEM Electrolyzer, Solid Oxide Electrolyzers

2) By Capacity: Less than 500 kW, 500 kW to 2 MW, Above 2 MW

3) By Application: Power Plants, Steel Plants, Electronics And Photovoltaics, Industrial Gases, Energy Storage or Fueling for FCEV's, Power to Gas, Other Applications

Subsegments:

1) By Alkaline Electrolyzer: Pressurized Alkaline Electrolyzers, Atmospheric Alkaline Electrolyzers

2) By PEM (Proton Exchange Membrane) Electrolyzer: Standard PEM Electrolyzers, High-Temperature PEM Electrolyzers

3) By Solid Oxide Electrolyzers: Planar Solid Oxide Electrolyzers, Tubular Solid Oxide Electrolyzers

What Is Driving The Electrolyzers Market? Fuel Cell-Powered Automotive Surge A Driving Force In The Electrolyzers Market

Growing demand for fuel cell-based automotive is significantly contributing to the growth of the electrolyzers market. A fuel cell-based automotive is an electrically driven vehicle that utilizes hydrogen as an energy source by a fuel cell that generates electricity. The electrolyzers support the operation of fuel cell-based automotive by providing hydrogen to be used as fuel. For instance, in September 2024, according to theCalifornia Fuel Cell Partnership, fuel cell vehicles sold and leased in the United States reached 18,355 in 2024. Therefore, the growing demand for fuel cell-based automotive is driving the growth of the electrolyzers industry.

What Is Driving The Electrolyzers Market? Electrolyzer Market Surges As Green Electricity Production Soars Paving The Way To A Sustainable Energy Future

The increase in the production of green electricity is expected to propel the growth of the electrolyzer market in the coming years. Green electricity, often known as 'green energy' or 'clean electricity,' is energy produced from renewable and ecologically favorable sources. These sources are deemed 'green' because they cause a lower environmental impact and emit fewer greenhouse gases than typical fossil fuel-based power generation. Green power is environmentally friendly and helps to lower the overall carbon impact. Electrolyzers are an important part of the shift to a more environmentally friendly and renewable energy future because they allow for effective storage and exploitation of extra electricity generated by renewable sources while additionally supporting the generation of energy sources with less impact on the environment. For instance, in September 2022, according to the Energy Information Administration, a US-based principal government statistical system institution in charge of obtaining, analyzing, and disseminating energy data, renewable energy accounted for 24% of utility-scale electricity generation in the United States in the first six months of 2022. Renewables boosted their proportion to 21% in the identical period the previous year. Therefore, the increase in the production of green electricity is driving the electrolyzer industry.

Who Are The Major Players In The Global Electrolyzers Market?

Major companies operating in the electrolyzers market include Nel ASA, Asahi Kasei Corporation, Hydrogenics, Siemens AG, McPhy Energy S.A., ITM Power PLC, Erredue SpA, Enapter, Next Hydrogen Solutions Inc., Tianjin Continental Hydrogen Equipment Co. Ltd., Toshiba Corporation, Air Liquide S.A, Plug Power Inc., H-TEC SYSTEMS GmbH, Hysata Pty. Ltd., Supercritical Solutions, SunGreenH2, Hydrogen Pro, Iberlyzer, Bloom Energy, Cummins Inc., Green Hydrogen Systems A/S, Topsoe A/S, John Cockerill, LONGi Green Energy Technology Co. Ltd., MAN Energy Solutions SE, Ohmium International Inc., Sunfire GmbH, Sungrow Power Supply Co. Ltd., thyssenkrupp nucera AG & Co KgaA, Air Products and Chemicals Inc.

What Are The Key Trends Of The Global Electrolyzers Market? Evolving Electrolyzers Market Bloom Energy's High-Volume Commercial Electrolyzer Line Sets New Technological Standards

Technological advancements are a key trend gaining popularity in the electrolyzers market. Technological advancement is a discovery of knowledge that advances technology. For instance, in November 2022, Bloom Energy Corporation, a US-based publicly traded firm that manufactures and sells solid oxide fuel cells that generate power on-site, launched a high-volume commercial electrolyzer line at the firm's Newark site, raising the company's electrolyzer-producing capacity to two gigatonnes. The award-winning technique is the greatest energy-efficient clean hydrogen production concept to date. The Bloom Electrolyzer is founded on the same commercially established solid oxide technology platform is used to generate energy; therefore, simplifying current manufacturing for larger-volume electrolyzer production allows Bloom to better fulfill market demands.

What Are The Key Trends Of The Global Electrolyzers Market? Pioneering The Hydrogen Revolution Bloom Energy's Solid Oxide Electrolyzer Sets New Industry Standards

Major companies operating in the electrolyzer market are focusing on product innovations like the solid oxide electrolyzer to better meet the needs of their existing consumers. A solid oxide electrolyzer, often known as an SOE, is an electrochemical device that converts electrical power into chemical energy by employing solid oxide materials. It works in the same way as a fuel cell but in reverse. A solid oxide electrolyzer utilizes electricity to drive a chemical process that generates hydrogen gas (H2) and oxygen gas (O2) from water (H2O) rather than producing power from a chemical reaction. For instance, in April 2022, Bloom Energy Corporation, a US-based public manufacturing company of electrolyzers, announced that the high-temperature solid oxide electrolyzer would be deployed for the first time internationally. Following the commercial debut of the Bloom Electrolyzer in 2021, the successful 130-kilowatt (kW) installation in Gumi, South Korea, accelerates Bloom Energy's efforts to create a hydrogen-fueled economy. Bloom's high-temperature electrolyzer is creating hydrogen on-site more effectively than lower-temperature PEM and alkaline electrolyzers. The Bloom Electrolyzer takes less energy to break water molecules and create hydrogen as it operates at high temperatures. Since power may cost up to 80% of the value of hydrogen produced by electrolysis, utilizing less electricity improves the economics of hydrogen generation and supports adoption.

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Electrolyzers Market Merger And Acquisition: Rolls-Royce's Strategic Entry Into The Hydrogen Manufacturing Market Through Majority Stake Acquisition In Hoeller Electrolyzer Gmbh

In June 2022, Rolls-Royce Limited, a UK-based luxury automobile and, subsequently, an aero-engine manufacturing company, acquired a 54% majority stake in Hoeller Electrolyzer GmbH for an undisclosed amount. Through the acquisition, Rolls-Royce plans to enter the market for hydrogen manufacturing. This acquisition is going to enable Rolls-Royce Limited to provide comprehensive hydrogen solutions while also making a substantial contribution to climate protection. Rolls-Royce Limited's comprehensive hydrogen solutions will enable clients to store renewable energy in the form of hydrogen for usage as needed or for further processing or resale. Hoeller Electrolyzer GmbH is a Germany-based electrolyzer manufacturing company.

Regional Outlook For The Global Electrolyzers Market

Western Europe was the largest region in the electrolyzers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the electrolyzers market during the forecast period. The regions covered in this market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in this market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Electrolyzers Market?

The electrolyzes market consists of sales of direct methanol fuel cell, solid oxide fuel cells (SOFC). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Electrolyzers Industry?

The electrolyzers market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the electrolyzers industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Electrolyzers Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $0.85 billion
Revenue Forecast In 2034 $1.83 billion
Growth Rate CAGR of 21.1% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Product: Alkaline Electrolyzer, PEM Electrolyzer, Solid Oxide Electrolyzers
2) By Capacity: Less than 500 kW, 500 kW to 2 MW, Above 2 MW
3) By Application: Power Plants, Steel Plants, Electronics And Photovoltaics, Industrial Gases, Energy Storage or Fueling for FCEV's, Power to Gas, Other Applications Subsegments: 1) By Alkaline Electrolyzer: Pressurized Alkaline Electrolyzers, Atmospheric Alkaline Electrolyzers
2) By PEM (Proton Exchange Membrane) Electrolyzer: Standard PEM Electrolyzers, High-Temperature PEM Electrolyzers
3) By Solid Oxide Electrolyzers: Planar Solid Oxide Electrolyzers, Tubular Solid Oxide Electrolyzers
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Nel ASA, Asahi Kasei Corporation, Hydrogenics, Siemens AG, McPhy Energy S.A., ITM Power PLC, Erredue SpA, Enapter, Next Hydrogen Solutions Inc., Tianjin Continental Hydrogen Equipment Co. Ltd., Toshiba Corporation, Air Liquide S.A, Plug Power Inc., H-TEC SYSTEMS GmbH, Hysata Pty. Ltd., Supercritical Solutions, SunGreenH2, Hydrogen Pro, Iberlyzer, Bloom Energy, Cummins Inc., Green Hydrogen Systems A/S, Topsoe A/S, John Cockerill, LONGi Green Energy Technology Co. Ltd., MAN Energy Solutions SE, Ohmium International Inc., Sunfire GmbH, Sungrow Power Supply Co. Ltd., thyssenkrupp nucera AG & Co KgaA, Air Products and Chemicals Inc.
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Table Of Contents

1. Executive Summary

2. Electrolyzers Market Characteristics

3. Electrolyzers Market Trends And Strategies

4. Electrolyzers Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Electrolyzers Growth Analysis And Strategic Analysis Framework

5.1. Global Electrolyzers PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Electrolyzers Market Growth Rate Analysis

5.4. Global Electrolyzers Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Electrolyzers Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Electrolyzers Total Addressable Market (TAM)

6. Electrolyzers Market Segmentation

6.1. Global Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Alkaline Electrolyzer

PEM Electrolyzer

Solid Oxide Electrolyzers

6.2. Global Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Less than 500 kW

500 kW to 2 MW

Above 2 MW

6.3. Global Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Power Plants

Steel Plants

Electronics And Photovoltaics

Industrial Gases

Energy Storage or Fueling for FCEV's

Power to Gas

Other Applications

6.4. Global Electrolyzers Market, Sub-Segmentation Of Alkaline Electrolyzer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Pressurized Alkaline Electrolyzers

Atmospheric Alkaline Electrolyzers

6.5. Global Electrolyzers Market, Sub-Segmentation Of PEM (Proton Exchange Membrane) Electrolyzer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Standard PEM Electrolyzers

High-Temperature PEM Electrolyzers

6.6. Global Electrolyzers Market, Sub-Segmentation Of Solid Oxide Electrolyzers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Planar Solid Oxide Electrolyzers

Tubular Solid Oxide Electrolyzers

7. Electrolyzers Market Regional And Country Analysis

7.1. Global Electrolyzers Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Electrolyzers Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Electrolyzers Market

8.1. Asia-Pacific Electrolyzers Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Electrolyzers Market

9.1. China Electrolyzers Market Overview

9.2. China Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Electrolyzers Market

10.1. India Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Electrolyzers Market

11.1. Japan Electrolyzers Market Overview

11.2. Japan Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Electrolyzers Market

12.1. Australia Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Electrolyzers Market

13.1. Indonesia Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Electrolyzers Market

14.1. South Korea Electrolyzers Market Overview

14.2. South Korea Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Electrolyzers Market

15.1. Western Europe Electrolyzers Market Overview

15.2. Western Europe Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Electrolyzers Market

16.1. UK Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Electrolyzers Market

17.1. Germany Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Electrolyzers Market

18.1. France Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Electrolyzers Market

19.1. Italy Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Electrolyzers Market

20.1. Spain Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Electrolyzers Market

21.1. Eastern Europe Electrolyzers Market Overview

21.2. Eastern Europe Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Electrolyzers Market

22.1. Russia Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Electrolyzers Market

23.1. North America Electrolyzers Market Overview

23.2. North America Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Electrolyzers Market

24.1. USA Electrolyzers Market Overview

24.2. USA Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Electrolyzers Market

25.1. Canada Electrolyzers Market Overview

25.2. Canada Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Electrolyzers Market

26.1. South America Electrolyzers Market Overview

26.2. South America Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Electrolyzers Market

27.1. Brazil Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Electrolyzers Market

28.1. Middle East Electrolyzers Market Overview

28.2. Middle East Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Electrolyzers Market

29.1. Africa Electrolyzers Market Overview

29.2. Africa Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Electrolyzers Market Competitive Landscape And Company Profiles

30.1. Electrolyzers Market Competitive Landscape

30.2. Electrolyzers Market Company Profiles

30.2.1. Nel ASA Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Asahi Kasei Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Hydrogenics Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

30.2.5. McPhy Energy S.A. Overview, Products and Services, Strategy and Financial Analysis

31. Electrolyzers Market Other Major And Innovative Companies

31.1. ITM Power PLC

31.2. Erredue SpA

31.3. Enapter

31.4. Next Hydrogen Solutions Inc.

31.5. Tianjin Continental Hydrogen Equipment Co. Ltd.

31.6. Toshiba Corporation

31.7. Air Liquide S.A

31.8. Plug Power Inc.

31.9. H-TEC SYSTEMS GmbH

31.10. Hysata Pty. Ltd.

31.11. Supercritical Solutions

31.12. SunGreenH2

31.13. Hydrogen Pro

31.14. Iberlyzer

31.15. Bloom Energy

32. Global Electrolyzers Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Electrolyzers Market

34. Recent Developments In The Electrolyzers Market

35. Electrolyzers Market High Potential Countries, Segments and Strategies

35.1 Electrolyzers Market In 2029 - Countries Offering Most New Opportunities

35.2 Electrolyzers Market In 2029 - Segments Offering Most New Opportunities

35.3 Electrolyzers Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Electrolyzers Market, Sub-Segmentation Of Alkaline Electrolyzer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Electrolyzers Market, Sub-Segmentation Of PEM (Proton Exchange Membrane) Electrolyzer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Electrolyzers Market, Sub-Segmentation Of Solid Oxide Electrolyzers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Electrolyzers Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Electrolyzers Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Nel ASA Financial Performance
  • Table 78: Asahi Kasei Corporation Financial Performance
  • Table 79: Hydrogenics Financial Performance
  • Table 80: Siemens AG Financial Performance
  • Table 81: McPhy Energy S.A. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Electrolyzers Market, Sub-Segmentation Of Alkaline Electrolyzer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Electrolyzers Market, Sub-Segmentation Of PEM (Proton Exchange Membrane) Electrolyzer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Electrolyzers Market, Sub-Segmentation Of Solid Oxide Electrolyzers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Electrolyzers Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Electrolyzers Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Electrolyzers Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Electrolyzers Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Electrolyzers Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Nel ASA Financial Performance
  • Figure 78: Asahi Kasei Corporation Financial Performance
  • Figure 79: Hydrogenics Financial Performance
  • Figure 80: Siemens AG Financial Performance
  • Figure 81: McPhy Energy S.A. Financial Performance

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Electrolyzers Global Market Report 2025 – By Product (Alkaline Electrolyzer, PEM Electrolyzer, Solid Oxide Electrolyzers), By Capacity (Less than 500 kW, 500 kW to 2 MW, Above 2 MW), By Application (Power Plants, Steel P...

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Baby Electrolyte Global Market Report 2025 – By Form (Powder, Liquid, Other Forms), By Flavor (Unflavored, Fruit-Flavored), By Distribution Channel (Modern Trade, General Trade), By Application (Up To 12 Months, 12 To 36...

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Frequently Asked Questions

Electrolyzes refer to a device that uses electricity to separate the hydrogen and oxygen molecules that make up water to generate hydrogen through a chemical reaction known as electrolysis. It is used for process that helps to separates water into hydrogen and oxygen. For further insights on this market, request a sample here

The market major growth driver - Fuel Cell-Powered Automotive Surge A Driving Force In The Electrolyzers Market. For further insights on this market, request a sample here

The electrolyzers market size has grown exponentially in recent years. It will grow from $0.71 billion in 2024 to $0.85 billion in 2025 at a compound annual growth rate (CAGR) of 21.0%. The growth in the historic period can be attributed to increasing demand for hydrogen as a clean energy carrier, government incentives and subsidies, environmental awareness, expansion of renewable energy sources, early adopters and pilot projects in various industries. The electrolyzers market size is expected to see exponential growth in the next few years. It will grow to $1.83 billion in 2029 at a compound annual growth rate (CAGR) of 21.1%. The growth in the forecast period can be attributed to emerging applications inThe aviation and maritime sectors, expansion of global hydrogen infrastructure, integration of electrolyzers with renewable energy projects, increasing carbon emissions reduction regulations, increasing growth inThe use of power-to-gas systems. Major trends in the forecast period include green hydrogen production, decentralized hydrogen production, technology advancements, green ammonia production, hydrogen in transportation. For further insights on this market, request a sample here

The electrolyzersmarket covered in this report is segmented –
1) By Product: Alkaline Electrolyzer, PEM Electrolyzer, Solid Oxide Electrolyzers
2) By Capacity: Less than 500 kW, 500 kW to 2 MW, Above 2 MW
3) By Application: Power Plants, Steel Plants, Electronics And Photovoltaics, Industrial Gases, Energy Storage or Fueling for FCEV's, Power to Gas, Other Applications Subsegments:
1) By Alkaline Electrolyzer: Pressurized Alkaline Electrolyzers, Atmospheric Alkaline Electrolyzers
2) By PEM (Proton Exchange Membrane) Electrolyzer: Standard PEM Electrolyzers, High-Temperature PEM Electrolyzers
3) By Solid Oxide Electrolyzers: Planar Solid Oxide Electrolyzers, Tubular Solid Oxide Electrolyzers For further insights on this market, request a sample here

Western Europe was the largest region in the electrolyzers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the electrolyzers market during the forecast period. The regions covered in the electrolyzers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on this market, request a sample here.

Major companies operating in the electrolyzers market include Nel ASA, Asahi Kasei Corporation, Hydrogenics, Siemens AG, McPhy Energy S.A., ITM Power PLC, Erredue SpA, Enapter, Next Hydrogen Solutions Inc., Tianjin Continental Hydrogen Equipment Co. Ltd., Toshiba Corporation, Air Liquide S.A, Plug Power Inc., H-TEC SYSTEMS GmbH, Hysata Pty. Ltd., Supercritical Solutions, SunGreenH2, Hydrogen Pro, Iberlyzer, Bloom Energy, Cummins Inc., Green Hydrogen Systems A/S, Topsoe A/S, John Cockerill, LONGi Green Energy Technology Co. Ltd., MAN Energy Solutions SE, Ohmium International Inc., Sunfire GmbH, Sungrow Power Supply Co. Ltd., thyssenkrupp nucera AG & Co KgaA, Air Products and Chemicals Inc. . For further insights on this market, request a sample here.

Major trends in this market include Evolving Electrolyzers Market Bloom Energy's High-Volume Commercial Electrolyzer Line Sets New Technological Standards. For further insights on this market, request a sample here.

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Global Electrolyzers Market Report 2025

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