The report is titled as ‘Hydrogen Electrolyzer Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the hydrogen electrolyzer market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Hydrogen electrolyzer market is expected to grow with significant rate in the near future.
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Hydrogen Electrolyzer Introduction
Electrolysis is appearing as a promising option, in recent times, for carbon-free hydrogen generation from nuclear and renewable resources. Electrolysis is basically a procedure of utilizing electricity to break water into hydrogen and oxygen. This counteraction comes about in a unit known as an electrolyzer. Electrolyzers can scale in size from small, equipment-size appliance that is well-qualified and appropriate for small-scale distributed hydrogen generation to large-scale, center generation facilities that could be linked directly to renewable or other non-greenhouse-gas-emitting forms of electricity generation.
Hydrogen is employed all across different industrial applications such as electronics, chemicals, glass, and many more., is generated both as a principal product and a by-product. About 90% of the entire hydrogen demand all around the world differs as per the fossil fuel-based resources. The hydrogen electrolyzer splits water into oxygen and hydrogen gasses by channelizing electric current. With the purpose to get in harmony with the optimal volume demand for various applications, these electrolyzers are also available in different capabilities. One of the primary factors that is majorly boosting the demand of hydrogen electrolyzer is stringent regulations from the government and the public-private partnerships for encouraging the usage of hydrogen as an automotive fuel and energy bearer which is projected to offer a major breakthrough to the growth of the global hydrogen electrolyzer market in the coming years.
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Hydrogen Electrolyzer Market Segmentation
The global hydrogen electrolyzer market is segmented on the basis of product type, capacity, output pressure, application, and region.
By Product Type
- Proton Exchange Membrane (PEM) Electrolyzer
- Alkaline Electrolyzer
- Solid Oxide Electrolyzer
By Capacity
- Low (<500 kW)
- Medium (500 kW to 2 MW
- High (Above 2 MW)
By Output Pressure
- Low (≤10 bar)
- Medium (10 bar – 40 bar)
- High (≥ 40 bar)
By Application
- Ammonia
- Methanol
- Refinery Industry
- Electronics
- Energy
- Power to Gas
- Transport
- Metal Production & Fabrication
- Pharma & Biotech
- Food & Beverages
- Glass Industry
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Hydrogen Electrolyzer Market Key Players
Some of the key participating players in global hydrogen electrolyzer market are:
- Siemens AG
- Nel Hydrogen
- McPhy Energy S.A
- ITM Power Plc
- Hydrogenics
- Tianjin Mainland Hydrogen Equipment Co. Ltd.
- Areva H2Gen
- Giner Inc.
- ELB Elektrolysetechnik GmbH
- GreenHydrogen.dk ApS
- iGas Energy GmbH
- Beijing CEI Technology Co., Ltd.
- Next Hydrogen
- Accagen SA
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