Electrolyzer Market
PUBLISHED: 2022 ID: SMRC21981
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Electrolyzer Market

Electrolyzer Market Forecasts to 2028 - Global Analysis By Capacity (500 kW - 2 MW, - 500 kW, Above 2 MW), Product (Solid Oxide Electrolyzer, Alkaline Electrolyzer, Polymer Electrolyte Membrane (PEM) Electrolyzer), Application (Industry Feedstock, Power Generation, Building Heating & Power, Industry Energy, Transportation) and Geography

4.6 (78 reviews)
4.6 (78 reviews)
Published: 2022 ID: SMRC21981

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $420.85 MN

Projected Year Value (2028)

US $660.45 MN

CAGR (2022 - 2028)

7.8%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Electrolyzer Market is accounted for $420.85 million in 2022 and is expected to reach $660.45 million by 2028 growing at a CAGR of 7.8% during the forecast period. Electrolyzer is a device that uses nuclear and renewable energy sources to produce carbon-free hydrogen without the use of fossil fuels. It includes separators, storage tanks, vents, pumps, and other parts. Electrolyzer is used to electrolyze water. Hydrogen and oxygen are separated from water through electrolysis and then collected separately for use in industrial processes, the automotive, power, and chemical sectors. The Electrolyzer come in a variety of sizes and uses various electrolysis techniques. The market will continue to increase as a result of rising power consumption and the deployment of green hydrogen generates systems.

According to recent studies, it is reported that a 72% reduction in total GHG emissions can be obtained by switching from gasoline vehicles to FCEVs in the transportation industry. According to estimates, approximately 95% of the hydrogen produced is derived from fossil fuels. 1% to 4% of hydrogen is created by electrolysis.



Market Dynamics:

Driver:

Surging Demand for Fuel Cell-Based vehicles

Increasing demand for automobiles powered by hydrogen fuel cells has proven to be a major market driver. The market has experienced significant expansion as a result of the relative decrease in dependence on traditional fuel sources. People are choosing fuel cell automobiles over gasoline-powered ones, which are assisting the sector in generating large profits over time.

Restraint:

Increasing cost of electricity

A significant obstacle to the market expansion for electrolyzer has been the enormous quantity of electricity needed for the electrolysis process. The cost of power is rising daily, adding to the pressure already being placed on the major market actors. The price of solar and wind-generated electricity has experienced a significant drop. This has turned out to be a significant obstacle to the market expansion for electrolyzers.

Opportunity:

Increasing demand for electric vehicles

Due to the market's quick change to electric vehicles from gasoline-powered vehicles and the rising price of petroleum products, there is a significant chance for the big market players to make a sizeable profit. The people's low discretionary cash encourages them to choose less expensive transportation options, which are given by electric vehicles that run on fuel cells.

Threat:

Limited Technological Advancements

Alkaline electrolyzers have been used for electrolysis for a long time. Alkaline electrolyzers are unstable because of their weakness to sudden power spikes. Due to the accessibility of alternate hydrogen production techniques, which inhibited the advancement of new technologies, the market expansion of electrolyzers was hampered. The worldwide electrolyzers market is also significantly threatened by equipment supply delays.

Covid-19 Impact

The market has been directly affected by the outbreak of COVID-19. At present, the chemical sector, oil refining industry, and steel production industry incur high demand for hydrogen, which the COVID-19 outbreak has reportedly influenced. Various emerging countries which mainly concentrate on incorporating clean power energy generation technology that witnessed a hindrance by eruption of toxic diseases renewable energy sources are increasing and most of the manufacturers are maintaining to spend in them. Strong government funding for a number of initiatives will increase consumer demand.

The Polymer Electrolyte Membrane (PEM) Electrolyzer segment is expected to be the largest during the forecast period

The Polymer Electrolyte Membrane (PEM) Electrolyzer segment is estimated to have a lucrative growth, due to its high current density, small size, and quick response to current fluctuations. In the upcoming years, a favourable legislative environment that supports the construction of hydrogen infrastructure as well as the widespread use of PEM as an industrial feedstock is expected to drive segmental expansion.

The power plants segment is expected to have the highest CAGR during the forecast period

The power plants segment is anticipated to witness the fastest CAGR growth during the forecast period, due to energy demand rising globally. The market for this particular area has experienced significant growth as a result of the rising demand for electricity in a number of industries, including electronics, steel plants, photovoltaic energy, and industrial gases. Due to the rapid shift in consumer preference toward electric vehicles over conventional fuel powered vehicles, the production of electric fuel cells has also seen a significant increase recently.

Region with highest share:

North America is projected to hold the largest market share during the forecast period owing to the increasing need for hydrogen in a variety of industries, including manufacturing, the power sector, and others. Petrochemicals, glass purification, refining, and fertilisers are all centred there. Because the need for hydrogen as a fuel in the automobile sector is growing

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the growing concern for clean energy, government assisted economic support, and the need to meet demand and supply disparities will oppose the industrial viewpoint. Countries are concentrating on the expansion of smart cities, work expertise, and changing consumer preferences from fossil fuel to sustainable energy.



Key players in the market

Some of the key players profiled in the Electrolyzer Market include Green Hydrogen Systems, Swiss Hydrogen SA, Siemens Energy AG, ITM Power Plc, Asahi Kasei Corporation, Idroenergy S.P.A., Hydrogenics, Nel ASA, H-Tec Systems, Plug Power, Toshiba, Teledyne Energy Systems, Kobelco Eco-solutions Co., Ltd., McPhy Energy S.A., Next Hydrogen, Shandong Saikesaisi Hydrogen Energy Co., Ltd. and Air Liquide S.A.

Key Developments:

In January 2022, Green Hydrogen Systems entered into an agreement with Edinburgh-located Logan Energy to provide electrolysis equipment for a venture in England. These will be deployed in a 40 ft. container as a complete green hydrogen unit as part of strategies to advance a regional hydrogen economy based in Dorset, England.

In November 2020, Nel Hydrogen U.S., the subsidiary of Nel ASA, received purchase orders for PEM cell stacks from Raytheon Technologies Collins Aerospace Division, at a combined value of more than USD 5.4 million.

In June 2020, Plug Power Inc. acquired United Hydrogen Group Inc. and Giner ELX. United Hydrogen Group is engaged in hydrogen production in North America, whereas Giner ELX is engaged in hydrogen generation, liquefaction, and distribution logistics. The acquisition is likely to strengthen Plug Power’s position in North America.

Capacities Covered:
• 500 kW - 2 MW
• ? 500 kW
• Above 2 MW
• Other Capacities

Products Covered:
• Solid Oxide Electrolyzer
• Alkaline Electrolyzer
• Polymer Electrolyte Membrane (PEM) Electrolyzer
• Other Products

Applications Covered:
• Industry Feedstock
• Power Generation
• Building Heating & Power
• Industry Energy
• Transportation
• Steel Plant
• Industrial Gases
• Electronics & Photovoltaics
• Power Plants
• Energy Storage / Fueling for FCEVs
• Power to Gas
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Electrolyzer Market, By Capacity
5.1 Introduction
5.2 500 kW - 2 MW
5.3 ? 500 kW
5.4 Above 2 MW
5.5 Other Capacities

6 Global Electrolyzer Market, By Product
6.1 Introduction
6.2 Solid Oxide Electrolyzer
6.3 Alkaline Electrolyzer
6.3.1 Alkaline Membrane Electrolyzer
6.3.2 Alkaline Water Electrolyzers
6.4 Polymer Electrolyte Membrane (PEM) Electrolyzer
6.5 Other Products

7 Global Electrolyzer Market, By Application
7.1 Introduction
7.2 Industry Feedstock
7.3 Power Generation
7.4 Building Heating & Power
7.5 Industry Energy
7.6 Transportation
7.7 Steel Plant
7.8 Industrial Gases
7.9 Electronics & Photovoltaics
7.10 Power Plants
7.11 Energy Storage / Fueling for FCEVs
7.12 Power to Gas
7.13 Other Applications

8 Global Electrolyzer Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 Green Hydrogen Systems
10.2 SwissHydrogen SA
10.3 Siemens Energy AG
10.4 ITM Power Plc
10.5 Asahi Kasei Corporation
10.6 Idroenergy S.P.A.
10.7 Hydrogenics
10.8 Nel ASA
10.9 H-Tec Systems
10.10 Plug Power
10.11 Toshiba
10.12 Teledyne Energy Systems
10.1 Kobelco Eco-solutions Co., Ltd.
10.14 McPhy Energy S.A.
10.15 Next Hydrogen
10.16 Shandong Saikesaisi Hydrogen Energy Co., Ltd.
10.17 Air Liquide S.A.

List of Tables
1 Global Electrolyzer Market Outlook, By Region (2020-2028) ($MN)
2 Global Electrolyzer Market Outlook, By Capacity (2020-2028) ($MN)
3 Global Electrolyzer Market Outlook, By 500 kW - 2 MW (2020-2028) ($MN)
4 Global Electrolyzer Market Outlook, By ? 500 kW (2020-2028) ($MN)
5 Global Electrolyzer Market Outlook, By Above 2 MW (2020-2028) ($MN)
6 Global Electrolyzer Market Outlook, By Other Capacities (2020-2028) ($MN)
7 Global Electrolyzer Market Outlook, By Product (2020-2028) ($MN)
8 Global Electrolyzer Market Outlook, By Solid Oxide Electrolyzer (2020-2028) ($MN)
9 Global Electrolyzer Market Outlook, By Alkaline Electrolyzer (2020-2028) ($MN)
10 Global Electrolyzer Market Outlook, By Alkaline Membrane Electrolyzer (2020-2028) ($MN)
11 Global Electrolyzer Market Outlook, By Alkaline Water Electrolyzers (2020-2028) ($MN)
12 Global Electrolyzer Market Outlook, By Polymer Electrolyte Membrane (PEM) Electrolyzer (2020-2028) ($MN)
13 Global Electrolyzer Market Outlook, By Other Products (2020-2028) ($MN)
14 Global Electrolyzer Market Outlook, By Application (2020-2028) ($MN)
15 Global Electrolyzer Market Outlook, By Industry Feedstock (2020-2028) ($MN)
16 Global Electrolyzer Market Outlook, By Power Generation (2020-2028) ($MN)
17 Global Electrolyzer Market Outlook, By Building Heating & Power (2020-2028) ($MN)
18 Global Electrolyzer Market Outlook, By Industry Energy (2020-2028) ($MN)
19 Global Electrolyzer Market Outlook, By Transportation (2020-2028) ($MN)
20 Global Electrolyzer Market Outlook, By Steel Plant (2020-2028) ($MN)
21 Global Electrolyzer Market Outlook, By Industrial Gases (2020-2028) ($MN)
22 Global Electrolyzer Market Outlook, By Electronics & Photovoltaics (2020-2028) ($MN)
23 Global Electrolyzer Market Outlook, By Power Plants (2020-2028) ($MN)
24 Global Electrolyzer Market Outlook, By Energy Storage / Fueling for FCEVs (2020-2028) ($MN)
25 Global Electrolyzer Market Outlook, By Power to Gas (2020-2028) ($MN)
26 Global Electrolyzer Market Outlook, By Other Applications (2020-2028) ($MN)
27 North America Electrolyzer Market Outlook, By Country (2020-2028) ($MN)
28 North America Electrolyzer Market Outlook, By Capacity (2020-2028) ($MN)
29 North America Electrolyzer Market Outlook, By 500 kW - 2 MW (2020-2028) ($MN)
30 North America Electrolyzer Market Outlook, By ? 500 kW (2020-2028) ($MN)
31 North America Electrolyzer Market Outlook, By Above 2 MW (2020-2028) ($MN)
32 North America Electrolyzer Market Outlook, By Other Capacities (2020-2028) ($MN)
33 North America Electrolyzer Market Outlook, By Product (2020-2028) ($MN)
34 North America Electrolyzer Market Outlook, By Solid Oxide Electrolyzer (2020-2028) ($MN)
35 North America Electrolyzer Market Outlook, By Alkaline Electrolyzer (2020-2028) ($MN)
36 North America Electrolyzer Market Outlook, By Alkaline Membrane Electrolyzer (2020-2028) ($MN)
37 North America Electrolyzer Market Outlook, By Alkaline Water Electrolyzers (2020-2028) ($MN)
38 North America Electrolyzer Market Outlook, By Polymer Electrolyte Membrane (PEM) Electrolyzer (2020-2028) ($MN)
39 North America Electrolyzer Market Outlook, By Other Products (2020-2028) ($MN)
40 North America Electrolyzer Market Outlook, By Application (2020-2028) ($MN)
41 North America Electrolyzer Market Outlook, By Industry Feedstock (2020-2028) ($MN)
42 North America Electrolyzer Market Outlook, By Power Generation (2020-2028) ($MN)
43 North America Electrolyzer Market Outlook, By Building Heating & Power (2020-2028) ($MN)
44 North America Electrolyzer Market Outlook, By Industry Energy (2020-2028) ($MN)
45 North America Electrolyzer Market Outlook, By Transportation (2020-2028) ($MN)
46 North America Electrolyzer Market Outlook, By Steel Plant (2020-2028) ($MN)
47 North America Electrolyzer Market Outlook, By Industrial Gases (2020-2028) ($MN)
48 North America Electrolyzer Market Outlook, By Electronics & Photovoltaics (2020-2028) ($MN)
49 North America Electrolyzer Market Outlook, By Power Plants (2020-2028) ($MN)
50 North America Electrolyzer Market Outlook, By Energy Storage / Fueling for FCEVs (2020-2028) ($MN)
51 North America Electrolyzer Market Outlook, By Power to Gas (2020-2028) ($MN)
52 North America Electrolyzer Market Outlook, By Other Applications (2020-2028) ($MN)
53 Europe Electrolyzer Market Outlook, By Country (2020-2028) ($MN)
54 Europe Electrolyzer Market Outlook, By Capacity (2020-2028) ($MN)
55 Europe Electrolyzer Market Outlook, By 500 kW - 2 MW (2020-2028) ($MN)
56 Europe Electrolyzer Market Outlook, By ? 500 kW (2020-2028) ($MN)
57 Europe Electrolyzer Market Outlook, By Above 2 MW (2020-2028) ($MN)
58 Europe Electrolyzer Market Outlook, By Other Capacities (2020-2028) ($MN)
59 Europe Electrolyzer Market Outlook, By Product (2020-2028) ($MN)
60 Europe Electrolyzer Market Outlook, By Solid Oxide Electrolyzer (2020-2028) ($MN)
61 Europe Electrolyzer Market Outlook, By Alkaline Electrolyzer (2020-2028) ($MN)
62 Europe Electrolyzer Market Outlook, By Alkaline Membrane Electrolyzer (2020-2028) ($MN)
63 Europe Electrolyzer Market Outlook, By Alkaline Water Electrolyzers (2020-2028) ($MN)
64 Europe Electrolyzer Market Outlook, By Polymer Electrolyte Membrane (PEM) Electrolyzer (2020-2028) ($MN)
65 Europe Electrolyzer Market Outlook, By Other Products (2020-2028) ($MN)
66 Europe Electrolyzer Market Outlook, By Application (2020-2028) ($MN)
67 Europe Electrolyzer Market Outlook, By Industry Feedstock (2020-2028) ($MN)
68 Europe Electrolyzer Market Outlook, By Power Generation (2020-2028) ($MN)
69 Europe Electrolyzer Market Outlook, By Building Heating & Power (2020-2028) ($MN)
70 Europe Electrolyzer Market Outlook, By Industry Energy (2020-2028) ($MN)
71 Europe Electrolyzer Market Outlook, By Transportation (2020-2028) ($MN)
72 Europe Electrolyzer Market Outlook, By Steel Plant (2020-2028) ($MN)
73 Europe Electrolyzer Market Outlook, By Industrial Gases (2020-2028) ($MN)
74 Europe Electrolyzer Market Outlook, By Electronics & Photovoltaics (2020-2028) ($MN)
75 Europe Electrolyzer Market Outlook, By Power Plants (2020-2028) ($MN)
76 Europe Electrolyzer Market Outlook, By Energy Storage / Fueling for FCEVs (2020-2028) ($MN)
77 Europe Electrolyzer Market Outlook, By Power to Gas (2020-2028) ($MN)
78 Europe Electrolyzer Market Outlook, By Other Applications (2020-2028) ($MN)
79 Asia Pacific Electrolyzer Market Outlook, By Country (2020-2028) ($MN)
80 Asia Pacific Electrolyzer Market Outlook, By Capacity (2020-2028) ($MN)
81 Asia Pacific Electrolyzer Market Outlook, By 500 kW - 2 MW (2020-2028) ($MN)
82 Asia Pacific Electrolyzer Market Outlook, By ? 500 kW (2020-2028) ($MN)
83 Asia Pacific Electrolyzer Market Outlook, By Above 2 MW (2020-2028) ($MN)
84 Asia Pacific Electrolyzer Market Outlook, By Other Capacities (2020-2028) ($MN)
85 Asia Pacific Electrolyzer Market Outlook, By Product (2020-2028) ($MN)
86 Asia Pacific Electrolyzer Market Outlook, By Solid Oxide Electrolyzer (2020-2028) ($MN)
87 Asia Pacific Electrolyzer Market Outlook, By Alkaline Electrolyzer (2020-2028) ($MN)
88 Asia Pacific Electrolyzer Market Outlook, By Alkaline Membrane Electrolyzer (2020-2028) ($MN)
89 Asia Pacific Electrolyzer Market Outlook, By Alkaline Water Electrolyzers (2020-2028) ($MN)
90 Asia Pacific Electrolyzer Market Outlook, By Polymer Electrolyte Membrane (PEM) Electrolyzer (2020-2028) ($MN)
91 Asia Pacific Electrolyzer Market Outlook, By Other Products (2020-2028) ($MN)
92 Asia Pacific Electrolyzer Market Outlook, By Application (2020-2028) ($MN)
93 Asia Pacific Electrolyzer Market Outlook, By Industry Feedstock (2020-2028) ($MN)
94 Asia Pacific Electrolyzer Market Outlook, By Power Generation (2020-2028) ($MN)
95 Asia Pacific Electrolyzer Market Outlook, By Building Heating & Power (2020-2028) ($MN)
96 Asia Pacific Electrolyzer Market Outlook, By Industry Energy (2020-2028) ($MN)
97 Asia Pacific Electrolyzer Market Outlook, By Transportation (2020-2028) ($MN)
98 Asia Pacific Electrolyzer Market Outlook, By Steel Plant (2020-2028) ($MN)
99 Asia Pacific Electrolyzer Market Outlook, By Industrial Gases (2020-2028) ($MN)
100 Asia Pacific Electrolyzer Market Outlook, By Electronics & Photovoltaics (2020-2028) ($MN)
101 Asia Pacific Electrolyzer Market Outlook, By Power Plants (2020-2028) ($MN)
102 Asia Pacific Electrolyzer Market Outlook, By Energy Storage / Fueling for FCEVs (2020-2028) ($MN)
103 Asia Pacific Electrolyzer Market Outlook, By Power to Gas (2020-2028) ($MN)
104 Asia Pacific Electrolyzer Market Outlook, By Other Applications (2020-2028) ($MN)
105 South America Electrolyzer Market Outlook, By Country (2020-2028) ($MN)
106 South America Electrolyzer Market Outlook, By Capacity (2020-2028) ($MN)
107 South America Electrolyzer Market Outlook, By 500 kW - 2 MW (2020-2028) ($MN)
108 South America Electrolyzer Market Outlook, By ? 500 kW (2020-2028) ($MN)
109 South America Electrolyzer Market Outlook, By Above 2 MW (2020-2028) ($MN)
110 South America Electrolyzer Market Outlook, By Other Capacities (2020-2028) ($MN)
111 South America Electrolyzer Market Outlook, By Product (2020-2028) ($MN)
112 South America Electrolyzer Market Outlook, By Solid Oxide Electrolyzer (2020-2028) ($MN)
113 South America Electrolyzer Market Outlook, By Alkaline Electrolyzer (2020-2028) ($MN)
114 South America Electrolyzer Market Outlook, By Alkaline Membrane Electrolyzer (2020-2028) ($MN)
115 South America Electrolyzer Market Outlook, By Alkaline Water Electrolyzers (2020-2028) ($MN)
116 South America Electrolyzer Market Outlook, By Polymer Electrolyte Membrane (PEM) Electrolyzer (2020-2028) ($MN)
117 South America Electrolyzer Market Outlook, By Other Products (2020-2028) ($MN)
118 South America Electrolyzer Market Outlook, By Application (2020-2028) ($MN)
119 South America Electrolyzer Market Outlook, By Industry Feedstock (2020-2028) ($MN)
120 South America Electrolyzer Market Outlook, By Power Generation (2020-2028) ($MN)
121 South America Electrolyzer Market Outlook, By Building Heating & Power (2020-2028) ($MN)
122 South America Electrolyzer Market Outlook, By Industry Energy (2020-2028) ($MN)
123 South America Electrolyzer Market Outlook, By Transportation (2020-2028) ($MN)
124 South America Electrolyzer Market Outlook, By Steel Plant (2020-2028) ($MN)
125 South America Electrolyzer Market Outlook, By Industrial Gases (2020-2028) ($MN)
126 South America Electrolyzer Market Outlook, By Electronics & Photovoltaics (2020-2028) ($MN)
127 South America Electrolyzer Market Outlook, By Power Plants (2020-2028) ($MN)
128 South America Electrolyzer Market Outlook, By Energy Storage / Fueling for FCEVs (2020-2028) ($MN)
129 South America Electrolyzer Market Outlook, By Power to Gas (2020-2028) ($MN)
130 South America Electrolyzer Market Outlook, By Other Applications (2020-2028) ($MN)
131 Middle East & Africa Electrolyzer Market Outlook, By Country (2020-2028) ($MN)
132 Middle East & Africa Electrolyzer Market Outlook, By Capacity (2020-2028) ($MN)
133 Middle East & Africa Electrolyzer Market Outlook, By 500 kW - 2 MW (2020-2028) ($MN)
134 Middle East & Africa Electrolyzer Market Outlook, By ? 500 kW (2020-2028) ($MN)
135 Middle East & Africa Electrolyzer Market Outlook, By Above 2 MW (2020-2028) ($MN)
136 Middle East & Africa Electrolyzer Market Outlook, By Other Capacities (2020-2028) ($MN)
137 Middle East & Africa Electrolyzer Market Outlook, By Product (2020-2028) ($MN)
138 Middle East & Africa Electrolyzer Market Outlook, By Solid Oxide Electrolyzer (2020-2028) ($MN)
139 Middle East & Africa Electrolyzer Market Outlook, By Alkaline Electrolyzer (2020-2028) ($MN)
140 Middle East & Africa Electrolyzer Market Outlook, By Alkaline Membrane Electrolyzer (2020-2028) ($MN)
141 Middle East & Africa Electrolyzer Market Outlook, By Alkaline Water Electrolyzers (2020-2028) ($MN)
142 Middle East & Africa Electrolyzer Market Outlook, By Polymer Electrolyte Membrane (PEM) Electrolyzer (2020-2028) ($MN)
143 Middle East & Africa Electrolyzer Market Outlook, By Other Products (2020-2028) ($MN)
144 Middle East & Africa Electrolyzer Market Outlook, By Application (2020-2028) ($MN)
145 Middle East & Africa Electrolyzer Market Outlook, By Industry Feedstock (2020-2028) ($MN)
146 Middle East & Africa Electrolyzer Market Outlook, By Power Generation (2020-2028) ($MN)
147 Middle East & Africa Electrolyzer Market Outlook, By Building Heating & Power (2020-2028) ($MN)
148 Middle East & Africa Electrolyzer Market Outlook, By Industry Energy (2020-2028) ($MN)
149 Middle East & Africa Electrolyzer Market Outlook, By Transportation (2020-2028) ($MN)
150 Middle East & Africa Electrolyzer Market Outlook, By Steel Plant (2020-2028) ($MN)
151 Middle East & Africa Electrolyzer Market Outlook, By Industrial Gases (2020-2028) ($MN)
152 Middle East & Africa Electrolyzer Market Outlook, By Electronics & Photovoltaics (2020-2028) ($MN)
153 Middle East & Africa Electrolyzer Market Outlook, By Power Plants (2020-2028) ($MN)
154 Middle East & Africa Electrolyzer Market Outlook, By Energy Storage / Fueling for FCEVs (2020-2028) ($MN)
155 Middle East & Africa Electrolyzer Market Outlook, By Power to Gas (2020-2028) ($MN)
156 Middle East & Africa Electrolyzer Market Outlook, By Other Applications (2020-2028) ($MN)
 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials