Global Electrolyzer Market Size, Share, Forecast 2022 – 2032

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The global electrolyzer market is expected to reach USD 126.76 billion by 2032, at a CAGR of 44.7% during the forecast period 2023 to 2032.

Comprehensive historical analysis of Global Electrolyzer Market  has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Electrolyzer market.

The global electrolyzer market is expected to reach USD 126.76 billion by 2032, at a CAGR of 44.7% during the forecast period 2023 to 2032.

The report includes growth prospects in the global Electrolyzer market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Energy & Power and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.

Leading players of Electrolyzer including:

Siemens AG ITM Power PLC Nel ASA McPhy Energy S.A. Ballard Power Systems Inc. Plug Power Inc. ABB Ltd. Hydrogenics Corporation Toshiba Energy Systems & Solutions Corporation ELB Elektrolysetechnik GmbH Proton OnSite Giner ELX Enapter AG Green Hydrogen Systems Areva H2Gen

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Market split by Segement, can be divided into:

By Type Alkaline Electrolyzer Proton Exchange Membrane Solid Oxide Electrolyzer Anion Exchange Membrane

By Application Energy Mobility Industrial Grid Injection

Market segment by Region/Country including:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

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In June 2022, Air Liquide and Siemens Energy have announced the establishment of a joint venture that will focus on the mass production of industrial-scale electrolyzers for renewable hydrogen production in Europe. This collaboration between two leading companies in their respective fields, from France and Germany, aims to promote the development of a sustainable hydrogen economy in Europe and support the growth of an electrolysis and hydrogen technology ecosystem in the region. The joint venture is expected to commence production in the second half of 2023 and scale up to an annual production capacity of three gigawatts by 2025.

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Whats covered in the report?

  • 1. Overview of the Electrolyzer market.
  • 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Electrolyzer market, based on segement.
  • 3. Electrolyzer Market trends.
  • 4. Electrolyzer Market drivers.
  • 5. Analysis of major company profiles.

Reasons to buy this Market Report:


1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Electrolyzer market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Electrolyzer Industry.
3. Leading company profiles reveal details of key Electrolyzer market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Electrolyzer market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Electrolyzer market over the upcoming seven years
7. Accurate estimation of the Global Electrolyzer market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the Global Electrolyzer market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Electrolyzer market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Electrolyzer market

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