Hydrogen Electrolyzer Market Global Industry Analysis, Growth, And Forecast 2020–2027
The Global Hydrogen Electrolyzer Market is expected to expand with a robust CAGR, during the
forecast period, 2020 – 2027. Growing investment in renewable electricity through water electrolysis
is driving the growth the global hydrogen electrolyzer market.
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Hydrogen is utilized across several industrial applications such as chemicals, electronics, glass, etc. It
is produced both as a principal product and a by-product. Over 90% of total hydrogen demand across
the globe varies according to fossil fuel-based resources. Only a tiny fraction of this demand is met by
hydrogen produced by water electrolysis. Different type of electrolyzers such as alkaline electrolyzer,
polymer electrolyte membrane (PEM) electrolyzer, solid oxide electrolyzer etc. are present in the
market, which varies in processing methods and operational efficiency. Hydrogen electrolyzer
disintegrates water into oxygen and hydrogen gases by passage of electric current. In order to get in
sync with the optimum volume demand for different applications, these electrolyzers are also
available in varying capacities.
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Segments Covered in the Report
• Polymer Electrolyte Membrane (PEM) Electrolyzer
• Alkaline Water Electrolyzer
• Solid Oxide Electrolyzer
• Low (<500 kW)
• Medium (500 kW to 2 MW)
• High (Above 2 MW)
• Low (≤10 bar)
• Medium (10 bar – 40 bar)
• High (≥ 40 bar)
• Refinery Industry
• Power to Gas
• Metal Production & Fabrication
• Pharma & Biotech
• Food & Beverages
• Glass Industry
• Asia Pacific
• North America
• Latin America
• Middle East & Africa
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