Hydrogen Electrolyzer Market

Hydrogen Electrolyzer Market: Steam Methane Reforming Technology Marks Prominent Trend: Global Industry Analysis and Opportunity Assessment, 2019 - 2029

  • 2019-09-19
  • REP-GB-1946
  • 47 Tables
  • 149 Figures
  • 252 pages
  • PDF PPT EXCEL
Hydrogen Electrolyzer Market

An Incisive, In-depth Analysis on the Hydrogen Electrolyzer Market

This study offers a comprehensive, 360 degree analysis on the Hydrogen Electrolyzer market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Hydrogen Electrolyzer market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Hydrogen Electrolyzer Market - Key Research Findings

  1. The global hydrogen electrolyzer market size in 2018 was ~US$ 200 Mn.
  2. The hydrogen electrolyzer market is expected to grow at a CAGR of ~7% during the forecast period of 2019-2029.
  3. Increasing demand for alkaline electrolyzers is driving the sales of hydrogen electrolyzers.
  4. Collectively, Western Europe and APEJ, are expected to account for ~40% of the revenue shares in the hydrogen electrolyzer industry by the end of 2029.
    • Western Europe is estimated to be the key revenue generator for the hydrogen electrolyzer market, owing to the positive growth in end-use industries, such as energy, transport, metal production, and fabrication.
  5. The energy industry is expected to remain a prominent end-use area to invest in, for hydrogen electrolyzer market players.
    • Noteworthy application potential of hydrogen electrolyzer has been identified in metal production & fabrication and transportation purposes.

Key Factors Shaping the Hydrogen Electrolyzer Market

  • Preference for On-site Hydrogen Generation System

    On-site generation of hydrogen is gaining traction among several end-users, owing to various environmental and economic advantages associated with it. It reduces transportation costs and also leads to the reduced emissions during transportation. Risk of gas handling and storage is also moderated during on-site generation. Capital investment is relatively less while using small scale on-site hydrogen generation systems.

    Manufacturers, to achieve sustainability, are focusing on the use and development of green hydrogen, such as electrolysis of water as the source of hydrogen for several industrial uses. In more remote locations, where other production sources, such as natural gas, are not easily available, water electrolysis has been an economically viable option for small-scale production of hydrogen. The combined effect of these factors is expected to contribute significantly to the rising demand for on-site hydrogen generation.

  • Hydrogen as a Transport Fuel Expected to Grow at Slow but Steady Pace in Certain Regions

    In European countries, the demand for hydrogen is driven by the increasing requirement to control atmospheric carbon content. In the North America region, particularly in the U.S., owing to the stringent motor vehicle emission regulations, the demand for low sulfur and ultra-low sulfur gasoline & diesel fuels has increased for achieving good fuel products. This involves the usage of hydrogen in refinery hydro-processing, which is expected to boost the demand for hydrogen electrolyzers and enhance per capita vehicle ownership rates.

    Hydrogen as a transport fuel is also being considered as a potential solution to achieve clean energy implementation by some countries, such as the U.S. In the near future, it is expected that the scope of these regulations will broaden to include marine fuels and off-highway fuels, which will further augment the demand for hydrogen. Rising per capita vehicle ownership rates, along with the economic growth in countries, such as China, India, ASEAN countries, and Eastern European countries are expected to drive the global hydrogen electrolyzer market.

  • Steam Methane Reforming Expected to Remain a Prominent Hydrogen Manufacturing Process

    It has been observed that, at a global level, the highest contribution to hydrogen generation on the basis of type of production is through steam methane reforming. Steam methane reforming technology has numerous applications across several industries for the hydrogen manufacturing process, such as the production of several chemicals, hydrogenation of oil, and manufacturing of pharmaceuticals. The superior use of steam methane reforming on account of its comparatively higher efficiency vis-à-vis other manufacturing processes and it being a relatively mature technology. Hence, the prominence of manufacturing hydrogen by using steam methane reforming is anticipated to remain in the future.

Hydrogen Electrolyzer Market Structure Analysis

  • The global hydrogen electrolyzer market represents a fairly consolidated competition landscape, where a majority of key players maintain their strategic focus on the development of solid distribution partnerships and joint ventures, targeting a firmer global footprint.
  • The hydrogen electrolyzer market has been relatively moderate in size, which remains a key factor for its dynamic competitive nature.
  • Prominent manufacturers of hydrogen electrolyzer are currently prioritizing R&D and new product launches in Europe and Asia Pacific.
  • Portfolio extension is also identified to remain one of the key developmental strategies adopted by manufacturers of hydrogen electrolyzer.
  • For a stronger foothold in target markets, hydrogen electrolyzer manufacturers will continue to rely on inorganic strategies, such as mergers and acquisitions.
  • Deeper understanding of the market trends and preferential shifts of end-use segments across various regions are likely to create a bottleneck for prominent players, looking forward to untapped opportunities in the hydrogen electrolyzer market.

Hydrogen Electrolyzer Market Analysis 2019-2029

A recent market study published by FMI on the hydrogen electrolyzer market includes the global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historic as well as current growth parameters of the hydrogen electrolyzer market, the growth prospects of the market are obtained with maximum precision.

Hydrogen Electrolyzer Market: Taxonomy

The global hydrogen electrolyzer market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Product Type

By Capacity

By Outlet Pressure

By End User

By Region
  • Polymer Electrolyte Membrane (PEM) Electrolyzer

  • Alkaline Electrolyzer

  • Solid Oxide Electrolyzer

  • Low (≤ 150 kW)

  • Medium
    (150 kW – 1 MW)

  • High (> 1MW)

  • Low (≤10 bar)

  • Medium
    (10 bar – 40 bar)

  • High (≥ 40 bar)

  • Ammonia

  • Methanol

  • Refinery/Hydrocarbon Processing

  • Electronics

  • Energy

  • Power to Gas

  • Transport

  • Metal Production & Fabrication

  • Pharma &Biotech

  • Food & Beverages

  • Glass Industry

  • Other Industrial

 
  • North America

  • Latin America

  • Eastern Europe

  • Western Europe

  • APEJ

  • Japan

  • Middle East and Africa

Report Chapters

Chapter 01 – Executive Summary

The report initiates with the executive summary of the hydrogen electrolyzer market, which includes a summary of the key findings and statistics of the market. It also includes the demand & supply-side trends pertaining to the hydrogen electrolyzer market.

Chapter 02 – Market Overview

In this chapter, readers can find the definition and a detailed taxonomy of the hydrogen electrolyzer market, which will help them understand the basic information about the hydrogen electrolyzer market. Along with this, comprehensive information about the hydrogen electrolyzer and its properties are provided in this section. This section also highlights the inclusions and exclusions, which help readers understand the scope of the hydrogen electrolyzer market report.

Chapter 03 – Global Hydrogen electrolyzer Market Demand Analysis 2014-2018 & Opportunity Assessment 2019-2029

This section explains the global market value analysis and forecast for the hydrogen electrolyzer market between the forecast periods of 2019-2029. This chapter includes a detailed analysis of the historical hydrogen electrolyzer market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029). Along with this, pricing analysis of the hydrogen electrolyzer market at the regional level has been provided in this section. This section also explains the global market volume analysis and forecast for the hydrogen electrolyzer market between the forecast periods of 2019-2029.

Chapter 04 – Market Background

This chapter explains key macro-economic factors that are expected to influence the growth of the hydrogen electrolyzer market over the forecast period. Along with the macroeconomic factors, this section also highlights the value chain, supply chain, forecast factors, Porter’s five forces analysis, and value chain analysis for the hydrogen electrolyzer market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.

Chapter 05 – Global Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029, by Product Type

Based on the product type, the hydrogen electrolyzer market is segmented into polymer electrolyte membrane (PEM) electrolyzer, alkaline electrolyzer, and solid oxide electrolyzer. In this chapter, readers can find information about the key trends and developments in the hydrogen electrolyzer market and market attractiveness analysis based on the product type.

Chapter 06 – Global Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029, by Capacity

This chapter provides details about the hydrogen electrolyzer market based on the capacity and has been classified into Low (≤ 150 kW), Medium, (150 kW – 1 MW), and High (> 1MW). In this chapter, readers can understand the market attractiveness analysis based on the capacity.

Chapter 07 – Global Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029, by Outlet Pressure

This chapter provides details about the hydrogen electrolyzer market on the basis of outlet pressure and has been classified into Low (≤10 bar), Medium (10 bar – 40 bar), and High (≥ 40 bar). In this chapter, readers can understand the market attractiveness analysis based on the outlet pressure.

Chapter 08 – Global Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029, by End User

Based on the end user, the hydrogen electrolyzer market is segmented into Ammonia Methanol, Refinery/Hydrocarbon Processing, Electronics, Energy, Power to Gas, Transport, Metal Production & Fabrication, Pharma &Biotech, Food & Beverages, Glass Industry, and Other Industrial. In this chapter, readers can find information about the key trends and developments in the hydrogen electrolyzer market and market attractiveness analysis based on the end user.

Chapter 09 – Global Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029, by Region

This chapter explains how the hydrogen electrolyzer market will grow across various geographic regions such as North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excl. Japan (APEJ), Japan, and Middle East & Africa (MEA).

Chapter 10 – North America Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter includes a detailed analysis of the growth of the North America hydrogen electrolyzer market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis and market growth based on the end use, product type, and countries in North America.

Chapter 11 – Latin America Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter provides the growth scenario of the hydrogen electrolyzer market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.

Chapter 12 – Western Europe Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

Important growth prospects of the hydrogen electrolyzer market based on its end users in several countries such as Germany, U.K., France, Spain, Italy, BENELUX, and the Rest of Western Europe are included in this chapter.

Chapter 13 – Eastern Europe Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

In this chapter Russia and Poland are the prominent countries in the Eastern Europe region that are the prime subjects of assessment to obtain the growth prospects of the Eastern Europe hydrogen electrolyzer market. Readers can find detailed information about the growth parameters of the Eastern Europe hydrogen electrolyzer market during the forecast period of 2019-2029.

Chapter 14 – APEJ Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter highlights the growth of the hydrogen electrolyzer market in APEJby focusing on China, India, ASEAN, Australia & New Zealand, and the Rest of APEJ. This section also help readers understand the key factors that are responsible for the growth of the hydrogen electrolyzer market in APEJ.

Chapter 15 – Japan Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter highlights the growth of the hydrogen electrolyzer market in Japan and help readers understand the key factors that are responsible for the growth of the hydrogen electrolyzer market in Japan.

Chapter 16 – MEA Hydrogen electrolyzer Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter provides information about how the hydrogen electrolyzer market will grow in major countries in the MEA region such as GCC, North Africa, South Africa, Turkey, and the Rest of MEA, during the forecast period of 2019-2029.

Chapter 17 – Market Structure Analysis

In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the hydrogen electrolyzer market, along with their market presence analysis by region and product portfolio.

Chapter 18 – Competition Analysis

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the hydrogen electrolyzer market, along with a detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are SiemensAG McPhy Energy S.A., Nel Hydrogen, ITM Power Plc, Hydrogenics, Areva H2Gen, Giner Inc., Tianjin Mainland Hydrogen Equip`ment Co. Ltd., Beijing CEI Technology Co., Ltd., iGas Energy GmbH, ELB Elektrolysetechnik GmbH, Next Hydrogen, GreenHydrogen.dk ApS, and Accagen SA, among others.

Chapter 19 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the hydrogen electrolyzer market report.

Chapter 20 – Research Methodology

This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the hydrogen electrolyzer market.

Industry Interactions:-

  • C - Level Executives
  • Marketing Directors
  • Product Managers 
  • Business Development Officers 
  • Production Managers
  • Procurement Heads
  • Sales Executives
  • Distributors
  • Traders 
  • Raw Material Suppliers
  • Industry Experts
  • End Users
  • Current market dynamics and challenges
  • Yesteryear trends 
  • Market characteristics
  • Market performance and growth quadrants
  • Competition structure and market structure
  • Strategic growth initiatives
  • Near-term and long-term market growth prospects
  • Market segment splits and authenticity
  • Opinions on market projections and validity of assumptions

Primary Interview Splits hydrogen electrolyzer market designations

References Catalogue:-

  • Industry Publications
  • Industry Associations
    • OICA
    • International Trade Association
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits hydrogen electrolyzer market stakeholders

Hydrogen Electrolyzer Market Reports - Table of Contents

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Harish Tiwari

Harish Tiwari

Global Head - Business Development

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Pranay Mhaisekar

Business Development

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