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Growth Opportunities in the Hydrogen Electrolyzers Market, 2023 2033
Growth Opportunities in the Hydrogen Electrolyzers Market, 2023 2033
Despite Challenging Market Conditions in the Short-term, Electrolyzers Will Likely Become a $28.18 Billion Market Play by 2033
RELEASE DATE
13-Aug-2024
13-Aug-2024
REGION
Global
Global
Deliverable Type
Market Research
Market Research
Research Code: KA57-01-00-00-00
SKU: EG_2024_929
$4,950.00
In stock
SKU
EG_2024_929
Electrolyzers use electrolysis to generate hydrogen from water. They will play a crucial role in the global transition towards clean energy because they provide a sustainable and efficient method for producing low- or zero-carbon hydrogen for various applications across many industrial sectors. The key factors that contribute to the electrolyzer industry’s growth include the increasing demand for hydrogen as an energy carrier, supportive government policies and incentives, and the need to reduce the reliance on fossil fuels in the global energy industry. In contrast, high capital costs, efficiency concerns, and limited renewable energy integration may impede the wider adoption of electrolyzer technologies.
This Frost & Sullivan analysis outlines the relative merits of each of the major electrolyzer technologies, explores the key trends that are likely to impact the industries development in the decade ahead, examines the key regulatory factors impacting growth, and provides forecasts for the growth in installation volumes and production to 2033 as well as an overview of the industry’s competitive structure, including profiles of leading industry participants.
Author: Vasanth Krishnan
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™
Research Findings
Scope of Analysis
Key Questions This Study Will Answer
A Comparison of Electrolyzer Technologies
A Comparison of Electrolyzer Technologies (continued)
Technology Overview: Alkaline Electrolysis Cell
Technology Overview: PEM Cell
Technology Overview: Solid Oxide Electrolysis Cell
Technology Overview: Anion Exchange Electrolysis Cell
Latest Electrolyzer Market Development Trends
Electrolyzers: Supply vs. Demand: Will Capacity Pipeline Stay Firm?
Tax Credits and Incentives: The 45V Tax Credit Brings Hope to the US Electrolyzer Ecosystem
Global Green H2 Capacity Auctions: Key Developments
Solid Oxide and Anion Exchange Electrolyzers: Latest Developments
Electrolyzer Differentiation: Why Surface Finishing is Key
Taking Advantage of Scale: Chinese Electrolyzers and Cost-competitiveness
Growth Drivers
Growth Restraints
An Overview of the Electrolyzer Value Chain
Relevant Regulatory Policies by Region: North America
Relevant Regulatory Policies by Region: North America (continued)
Relevant Regulatory Policies by Region: Europe
Relevant Regulatory Policies by Region: Europe (continued)
Relevant Regulatory Policies by Region: Asia-Pacific
Relevant Regulatory Policies by Region: Asia-Pacific (continued)
2023 Capital Cost Estimates by Technology
Assumptions
Installed Capacity Forecast by Electrolyzer Technology
Annual Capacity Additions Revenue Forecast by Electrolyzer Technology
Installed Capacity Forecast by Electrolyzers Technology—North America
Annual Capacity Additions Revenue Forecast by Electrolyzer Technology—North America
Forecast Analysis—North America
Installed Capacity Forecast by Electrolyzers Technology—Europe
Annual Capacity Additions Revenue Forecast by Electrolyzers Technology—Europe
Forecast Analysis—Europe
Installed Capacity Forecast by Electrolyzer Technology—Asia-Pacific
Annual Capacity Additions Revenue Forecast by Electrolyzers Technology—Asia-Pacific
Forecast Analysis—Asia-Pacific
Installed Capacity Forecast by Electrolyzers Technology—Rest of the World
Annual Capacity Additions Revenue Forecast by Electrolyzers Technology—Rest of the World
Forecast Analysis—Rest of the World
Competitive Environment
Hydrogen Electrolyzer Supplier Mapping by Technology
Hydrogen Electrolyzer Supplier Mapping by Technology (continued)
Key Electrolyzer Companies—North America
Key Electrolyzer Companies—North America (continued)
Key Electrolyzer Companies—North America (continued)
Other Noteworthy Electrolyzer Companies—North America
Key Electrolyzer Companies—Europe
Key Electrolyzer Companies—Europe (continued)
Key Electrolyzer Companies—Europe (continued)
Other Noteworthy Electrolyzer Companies—Europe
Other Noteworthy Electrolyzer Companies—Europe (continued)
Key Electrolyzer Companies—Asia-Pacific
Key Electrolyzer Companies—Asia-Pacific (continued)
Key Electrolyzer Companies—Asia-Pacific (continued)
Hydrogen Electrolyzer Stack Material Supplier Insight
Hydrogen Electrolyzer Stack Material Supplier Insight (continued)
Key Success Factors
How Will the Hydrogen Electroyzer Industry Evolve?
Growth Opportunity 1: Leveraging Region-specific Market Advantages
Growth Opportunity 1: Leveraging Region-specific Market Advantages (continued)
Growth Opportunity 2: Partnerships in the Upstream H2 Value Chain
Growth Opportunity 2: Partnerships in the Upstream H2 Value Chain (continued)
Growth Opportunity 3: Surplus Renewable Energy for H2 Production
Growth Opportunity 3: Surplus Renewable Energy for H2 Production (continued)
Growth Opportunity 4: Strengthening Component Supply for Electrolyzer Systems and Balance of Plant
Growth Opportunity 4: Strengthening Component Supply for Electrolyzer Systems and Balance of Plant (continued)
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Purchase includes:
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Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Electrolyzers use electrolysis to generate hydrogen from water. They will play a crucial role in the global transition towards clean energy because they provide a sustainable and efficient method for producing low- or zero-carbon hydrogen for various applications across many industrial sectors. The key factors that contribute to the electrolyzer industry s growth include the increasing demand for hydrogen as an energy carrier, supportive government policies and incentives, and the need to reduce the reliance on fossil fuels in the global energy industry. In contrast, high capital costs, efficiency concerns, and limited renewable energy integration may impede the wider adoption of electrolyzer technologies.
This Frost & Sullivan analysis outlines the relative merits of each of the major electrolyzer technologies, explores the key trends that are likely to impact the industries development in the decade ahead, examines the key regulatory factors impacting growth, and provides forecasts for the growth in installation volumes and production to 2033 as well as an overview of the industry s competitive structure, including profiles of leading industry participants.
Author: Vasanth Krishnan
| Deliverable Type | Market Research |
|---|---|
| Author | Vasanth Krishnan |
| Industries | Energy |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Hydrogen Electrolyzers Market Growth |
| Keyword 2 | Hydrogen Technology Advancements |
| Keyword 3 | Electrolyzers Industry Analysis |
| Podcast | No |
| Predecessor | MGAD-01-00-00-00 |
| WIP Number | KA57-01-00-00-00 |