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Classified in: Oil industry
Subject: MRR

USD 87.36 Mn growth in Hydrogen Electrolyzers Market| Integration of Renewables with Hydrogen Electrolyzers boosting the growth |Technavio


NEW YORK, June 23, 2022 /PRNewswire/ -- The hydrogen electrolyzers market size is expected to grow by USD 87.36 million at a CAGR of 6.4% as per the Technavio latest market report.
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The hydrogen electrolyzers market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the integration of renewables with hydrogen electrolyzers.

The Hydrogen Electrolyzers Market is segmented by electrolyze type (alkaline and PEM) and geography (North America, Europe, APAC, MEA, and South America). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

Hydrogen Electrolyzers Market Segmentation

Alkaline segment will significantly increase its market share in hydrogen electrolyzers. Price-wise, alkaline hydrogen electrolyzers are significantly less expensive than PEM electrolyzers. As a result, this kind of electrolyzer is frequently used to produce clean hydrogen locally. Alkaline hydrogen electrolyzers have the key benefit of supporting greater MW range stacks, which increases capacity and creates a stable working environment for the hydrogen electrolyzers. Therefore, the alkaline hydrogen electrolyzer segment will have stable growth during the projection period due to benefits including cheaper prices and increased production capacity when compared with PEM hydrogen electrolyzers.

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Hydrogen Electrolyzers Market Vendor Analysis and Scope

To help businesses improve their market position, the hydrogen electrolyzers market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Asahi Kasei Corp., Cockerill JingLi Hydrogen, Gaztransport and Technigaz SA as key vendors.

The report also covers the following areas:

The growing adoption of fuel cell-powered vehicles is likely to emerge as one of the primary drivers of the market. However, the competition from alternate technologies of hydrogen production may threaten the growth of the market.

Companies Mentioned

We provide a detailed analysis of vendors operating in the connected home security system market, including some of the vendors such as

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read the latest Sample Report. 

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Hydrogen Electrolyzers Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 6.4%

Market growth 2021-2025

$ 87.36 million

Market structure

Fragmented

YoY growth (%)

8.97

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 37%

Key consumer countries

US, Germany, Sweden, Canada, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Asahi Kasei Corp., Cockerill JingLi Hydrogen, Gaztransport and Technigaz SA, Kobe Steel Ltd., McPhy Energy SA, Nel ASA, Shandong Saikesaisi Hydrogen Energy Co., Ltd., SwissHydrogen SA, Teledyne Technologies Inc., and Yangzhou Zhongdian hydrogen production equipment Co. Ltd. 

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Electrolyzer Type

6 Customer landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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