The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AREVA H2Gen, Asahi Kasei Corp., Enapter Srl, Giner Inc., Hitachi Zosen Corp., Hydrogenics Corp., ITM Power Plc, McPhy Energy SA, Nel ASA, and Siemens AG are some of the major market participants. The growing adoption of fuel cell-powered vehicles will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Hydrogen Electrolyzers Market 2020-2024: Segmentation
Hydrogen Electrolyzers Market is segmented as below:
- Type
- Geography
- North America
- Europe
- APAC
- MEA
- South America
Learn more about Techanavio's Analysis on the impact of Disruption Threats by comparing Disruptive sources and Factors driving disruption:
https://www.technavio.com/talk-to-us?report=IRTNTR45472
Hydrogen Electrolyzers Market 2020-2024: 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 AREVA H2Gen, Asahi Kasei Corp., Enapter Srl, Giner Inc., Hitachi Zosen Corp., Hydrogenics Corp., ITM Power Plc, McPhy Energy SA, Nel ASA, and Siemens AG.
The report also covers the following areas:
- Hydrogen Electrolyzers Market size
- Hydrogen Electrolyzers Market trends
- Hydrogen Electrolyzers Market industry analysis
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.
Backed with competitive intelligence and benchmarking, our research reports on the hydrogen electrolyzers market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Hydrogen Electrolyzers Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist hydrogen electrolyzers market growth during the next five years
- Estimation of the hydrogen electrolyzers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hydrogen electrolyzers market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hydrogen electrolyzers market vendors
Related Reports on Utilities Include:
Global Hydrogen Compressor Market- The hydrogen compressor market is segmented by technology (multistage and single-stage), end-user (oil and gas, chemicals, and others), type (oil-based and oil-free), power range (below 100 hp, 101 hp - 200 hp, 201 hp and above), and geography (APAC, Europe, North America, MEA, and South America).
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Global Hydrogen Peroxide Market- The hydrogen peroxide market is segmented by end-user (pulp and paper, textiles, wastewater treatment, and others) and geography (APAC, North America, Europe, MEA, and South America).
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Table of Contents:
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value Chain Analysis- Renewable electricity
2.2.1 Inputs
2.2.2 Electricity generation
2.2.3 Electricity transmission
2.2.4 Electricity distribution
2.2.5 End-users
- Direct sale from the distribution companies
- Electricity trading
2.2.6 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2019 - 2024 ($ million)
Exhibit 07: Global hydrogen electrolyzers market 2019-2024 ($ million), exclusive of COVID-19 impact
Exhibit 08: Global market: Year-over-year growth 2019 - 2024 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 09: Five forces analysis 2019 & 2024
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Exhibit 15: Market condition - Five forces 2019
5. Market Segmentation by End-user
The segments covered in this chapter are:
Alkaline was the largest segment of the market in 2019 and will continue to be the largest segment of the market in 2024, growing slower than the overall market.
5.1 Market segments
Exhibit 16: Electrolyzer Type - Market share 2019-2024 (%)
5.2 Comparison by End-user
5.3 Alkaline - Market size and forecast 2019-2024
Exhibit 18: Alkaline - Market size and forecast 2019-2024 ($ million)
Exhibit 19: Global hydrogen electrolyzers market by alkaline 2019-2024 ($ million), exclusive of COVID-19 impact
Exhibit 20: Alkaline - Year-over-year growth 2019-2024 (%)
5.4 PEM - Market size and forecast 2019-2024
Exhibit 21: PEM - Market size and forecast 2019-2024 ($ million)
Exhibit 22: Global hydrogen electrolyzers market by PEM 2019-2024 ($ million), exclusive of COVID-19 impact
Exhibit 23: PEM - Year-over-year growth 2019-2024 (%)
5.5 Market opportunity by End-user
Exhibit 24: Market opportunity by Electrolyzer Type
6. Customer landscape
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
7. Geographic Landscape
The regions covered in the report are:
- North America
- Europe
- APAC
- MEA
- South America
North America was the largest region of the market in 2019 and would continue to be the largest segment of the market in 2024.
APAC was the third largest region of the market in 2019 and would continue to be the third-largest segment of the market in 2024
South America was the smallest region of the market in 2019
7.1 Geographic segmentation
Exhibit 26: Market share by geography 2019-2024 (%)
7.2 Geographic comparison
Exhibit 27: Geographic comparison
7.3 North America - Market size and forecast 2019-2024
Exhibit 28: North America - Market size and forecast 2019-2024 ($ million)
Exhibit 29: Hydrogen electrolyzers market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
Exhibit 30: North America - Year-over-year growth 2019-2024 (%)
7.4 Europe - Market size and forecast 2020-2025
Exhibit 31: Europe - Market size and forecast 2019-2024 ($ million)
Exhibit 32: Hydrogen electrolyzers market in Europe 2019-2024 ($ million), exclusive of COVID-19 impact
Exhibit 33: Europe - Year-over-year growth 2019-2024 (%)
7.5 APAC - Market size and forecast 2019-2024
Exhibit 34: APAC - Market size and forecast 2019-2024 ($ million)
Exhibit 35: Hydrogen electrolyzers market in APAC 2019-2024 ($ million), exclusive of COVID-19 impact
Exhibit 36: APAC - Year-over-year growth 2019-2024 (%)
7.6 MEA - Market size and forecast 2019-2024
Exhibit 37: MEA - Market size and forecast 2019-2024 ($ million)
Exhibit 38: Hydrogen electrolyzers market in MEA 2019-2024 ($ million), exclusive of COVID-19 impact
Exhibit 39: MEA - Year-over-year growth 2019-2024 (%)
7.7 South America - Market size and forecast 2019-2024
Exhibit 40: South America - Market size and forecast 2019-2024 ($ million)
Exhibit 41: Hydrogen electrolyzers market in South America 2019-2024 ($ million), exclusive of COVID-19 impact
Exhibit 42: South America - Year-over-year growth 2019-2024 (%)
7.8 Key leading countries
Exhibit 43: Key leading countries
Exhibit 44: Market opportunity by geography ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Integration of renewables with hydrogen electrolyzers
8.1.2 Growing adoption of fuel cell-powered vehicles
8.1.3 Rising demand for hydrogen electrolyzers from industrial sector
8.2 Market challenges
8.2.1 Competition from alternate technologies of hydrogen production
8.2.2 High cost of hydrogen production using electrolyzers
8.2.3 Infrastructure challenges associated with hydrogen refueling facilities
Exhibit 45: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing strategic partnerships
8.3.2 Growing focus on using clean hydrogen in refineries
8.3.3 Rising usage of fuel cells in stationary power sector
8.3.4 Evolution of hydrogen strategy by EU
9. Vendor Landscape
9.1 Overview
Exhibit 46: Vendor landscape
Analysis of Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Techanavio's Analysis on the impact of Disruption Threats by comparing Disruptive sources and Factors driving disruption
10. Vendor Analysis
10.1 Vendors covered
10.2 Market positioning of vendors
10.3 AREVA H2Gen
Overview
Business Segments
Key Offering
10.4 Asahi Kasei Corp.
Overview
Business Segments
Key Offering
Segment Focus
10.5 Enapter Srl
Overview
Business Segments
Key Offering
Segment Focus
10.6 Giner Inc.
Overview
Business Segments
Key Offering
Segment Focus
10.7 Hitachi Zosen Corp.
Overview
Business Segments
Key Offering
Segment Focus
10.8 Hydrogenics Corp.
Overview
Business Segments
Key Offering
Segment Focus
10.9 ITM Power Plc
Overview
Business Segments
Key Offering
Segment Focus
10.10 McPhy Energy SA
Overview
Business Segments
Key Offering
Segment Focus
10.11 Nel ASA
Overview
Business Segments
Key Offering
Segment Focus
11. Appendix
11.1 Scope of the report
11.2 Currency conversion rates for US$
11.3 Research methodology
Exhibit 90: Validation techniques employed for market sizing
11.4 List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
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Report Page: https://www.technavio.com/report/hydrogen-electrolyzers-market-industry-analysis
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