Hydrogen Electrolyzers Market by Trend, Share, Size and Streamline...

Hydrogen Electrolyzers Market by Trend, Share, Size and Streamline

Posted 2025-03-07 10:34:37

The global Hydrogen Electrolyzers Market size is projected to reach a CAGR of 33.04% from 2023-2030.

Hydrogen electrolyzers are useful in crumbling water and separating oxygen and hydrogen gases from it through electric flow. The enormous utilization of hydrogen electrolyzers in biotechnology, drug, compound energy, hardware, and metal creation have pent up the demand for hydrogen electrolyzers.

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The continuous development of reliable and advanced technological power solutions in line with rising deployments of clean hydrogen generation methods will drive market growth. Transportation application is poised to witness substantial gains during the forecast period. This growth is attributed to the rising inclination toward the adoption of FCEVs in line with a positive outlook for a clean environment.

Recent Developments

August 24, 2022 – Linde today announced it has inaugurated the world's first hydrogen refuelling system for passenger trains in Bremervörde, Germany.

June 29, 2022 – Austrian food retailer MPREIS started up Europe's most powerful hydrogen refuelling station for trucks in Völs, Austria. It was designed and built by Linde Engineering, and it can refuel four trucks per hour, the actual refuelling takes only ten minutes per truck. This is comparable to the time needed to refuel a diesel truck. In ten minutes only, 40 kilograms of hydrogen can be delivered, which is equal to approximately 400 litres of diesel fuel.

Prominent Players

· Linde plc

· Suzhou Green Hydrogen Energy Co., Ltd.

· Air Products Inc.

· Cummins, Inc.

· Sunfire GmbH

· Next Hydrogen

· Green Hydrogen

· ErreDue spa

· NeL ASA

· Cockerill Jingli Hydrogen

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Europe to Dominate the Market

Europe’s electrolyzer market is expected to register significant growth during the forecast timeframe, due to favourable government incentives, policies, and norms for infrastructure growth along with increasing consumer inclination toward the adoption of renewables.

In addition, the rising electricity demand across various commercial & industrial facilities coupled with a growing focus on alternative power sources will accelerate the market growth.

Hydrogen Electrolyzers Market Segmentation:

On the basis of product

· Alkaline Electrolyzer

· PEM Electrolyzer

· Solid Oxide Electrolyzer

· Others

On the basis of capacity

· ≤ 500 kW

· 500 kW - 2 MW

· Above 2 MW

On the basis of the application

· Power Generation

· Transportation

· Industry Energy

· Industry feedstock

· Building Heating & Power

· Others

Based on region:

· Asia Pacific

· North America

· Europe

· South America

· Middle East & Africa

The Report helps to identify the opportunities in Global Regions:

· North America (the United States, Canada, and Mexico)

· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)

· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))

· South America (Brazil etc.)

· The Middle East and Africa (North Africa and GCC Countries)

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Frequently Asked Questions

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