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Global Growth Opportunities in Electrolyzer Technologies for Hydrogen Production Updated Research Available

R&D of Alternative and Innovative Materials to Drive Future Growth Potential of Electrolyzer Technologies for Green Hydrogen Production

INDUSTRY
Energy

RELEASE DATE
05-May-2023
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
MGAD-01-00-00-00
SKU
EG02318-GL-MT_27626
Yes
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Global Growth Opportunities in Electrolyzer Technologies for Hydrogen Production
Published on: 05-May-2023 | SKU: EG02318-GL-MT_27626

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Electrolyzers use electrolysis to generate hydrogen from water. They are set to play a crucial role in the global transition towards clean energy, as they provide a sustainable and efficient method for producing low-/zero- carbon/hydrogen for various applications across sectors. Key factors contributing to the growth of the electrolyzer industry include the increasing demand for hydrogen as an energy carrier, supportive government policies and incentives, and the urgency to mitigate climate change. In contrast, challenges, such as high capital costs, efficiency concerns, and limited renewable energy integration, may impede the wider adoption of electrolyzer technologies.

By 2030, electrolyzers will be crucial to hydrogen production, renewable energy integration, and grid balancing. However, to fully realize the potential of electrolyzers, it is imperative that market participants address existing challenges and encourage continuous innovation. Policymakers, industry stakeholders, and researchers must collaborate to foster the growth of the electrolyzer industry and achieve a sustainable and low-carbon energy future. The primary aim of the analytics is to examine drivers, challenges, and prospects of electrolyzer technologies in the context of a rapidly evolving energy landscape.

The study outlines electrolyzer technologies, presents a performance analysis and comparison of various electrolysis technologies, shows electrolyzer technologies' growth across regions, offers a view of the competitive landscape, and highlights emerging growth opportunities.

The analysis covers the following topics:
• An overview of electrolyzer technologies
• Trends driving the adoption and development of electrolyzer technologies
• Challenges to deployment
• Technology comparison
• Electrolyzer technology ecosystem
• Growth opportunities for electrolyzer technologies

Author: Swagath Navin Manohar

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Electrolyzer Industry for Hydrogen Production

Growth Opportunities Fuel the Growth Pipeline Engine™

Findings

Scope of Analysis

Scope of Analysis (continued)

Key Questions this Study will Answer

Electrolyzers for Hydrogen Production

Electrolyzers for Hydrogen Production (continued)

Electrolyzer Technologies

Comparative Analysis of Electrolysis Technologies

Comparative Analysis of Electrolysis Technologies

Capex Costs of Electrolyzer Technologies

Electrolyzer Manufacturing Capacity—2023

Electrolyzer Deployment Strategies

Electrolyzer and Green Hydrogen Supply Chains

Electrolyzer Supply Chain Challenges

Raw Material Requirement

Raw Material Requirement (continued)

Growth Drivers

Growth Restraints

Major Trends in the Electrolyzer Industry

Trend 1—Application of Advanced Materials

Trend 2—Advanced Water Treatment Systems

Trend 3—Increasing Adoption of Digital Technologies

Trend 4—Growth in Offshore wind-powered Electrolyzer and Energy Hubs

Trend 5—Declining Electrolyzer Benchmark Costs

Trend 6—Declining Hydrogen Production Costs

Global Electrolyzer Cumulative Installed Capacity Forecast

Global Green Hydrogen Production Forecast

Electrolyzer Cumulative Installed Capacity Forecast by Region

Electrolyzer Cumulative Installed Capacity Forecast by Technology

Forecast Analysis

Forecast Analysis (continued)

Cumulative Installed Capacity Forecast—Americas

Forecast Analysis—Americas

Cumulative Installed Capacity Forecast—Europe

Forecast Analysis—Europe

Forecast Analysis—Europe (continued)

Cumulative Installed Capacity Forecast—China

Forecast Analysis—China

Forecast Analysis—China

Cumulative Installed Capacity Forecast—APAC

Forecast Analysis—APAC

Forecast Analysis—APAC (continued)

Cumulative Installed Capacity Forecast—MEA

Forecast Analysis—MEA

Forecast Analysis—MEA (continued)

Key Electrolyzer Manufacturers

Percent Manufacturing Capacity Share of Electrolyzer Manufacturers

Competitive Factors and Assessment

Key Electrolyzer Companies

Key Electrolyzer Companies (continued)

Key Electrolyzer Companies (continued)

Key Electrolyzer Companies (continued)

Key Electrolyzer Companies (continued)

Key Electrolyzer Companies (continued)

Other ALK Electrolyzer Manufacturers

Other PEM Electrolyzer Manufacturers

Other SOEC Electrolyzer Manufacturers

Electrolyzer Roadmap

Growth Opportunity 1: Hybrid Energy Systems

Growth Opportunity 1: Hybrid Energy Systems (continued)

Growth Opportunity 2: Strategic Partnerships

Growth Opportunity 2: Strategic Partnerships (continued)

Growth Opportunity 3: Alternative Materials

Growth Opportunity 3: Alternative Materials (continued)

Growth Opportunity 4: Digital Technologies

Growth Opportunity 4: Digital Technologies (continued)

Growth Opportunity 5: Retired Offshore Oil and Gas Infrastructure

Growth Opportunity 5: Retired Offshore Oil and Gas Infrastructure (continued)

Growth Opportunity 6: Development of Hydrogen Hubs

Growth Opportunity 6: Development of Hydrogen Hubs (continued)

Growth Opportunity 7: Water-as-a-Service

Growth Opportunity 7: Water-as-a-Service (continued)

Growth Opportunity 8: Efficient Use of Renewables

Growth Opportunity 8: Efficient Use of Renewables (continued)

Growth Opportunity 9: Nuclear Power Plant Optimization

Growth Opportunity 9: Nuclear Power Plant Optimization (continued)

Growth Opportunity 10: Waste Heat Utilization

Growth Opportunity 10: Waste Heat Utilization (continued)

List of Exhibits

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