Hydrogen Electrolyzer Market Value to Clock over USD 426 Million in 2028

Published on : Mar 27, 2019

Albany, New York, March 27, 2019: Many of the applications which electrolyzers are presently designed for—industrial gas market, ammonia, and military—are less cost sensitive. However, when it comes to more cost sensitive market such as electricity generation or transportation, there is plethora of opportunity for cost improvement and system streamlining. As hydrogen can be produced directly at any location, it can be the apt method of producing hydrogen for hydrogen fuel cells. Accordingly, electrolyzers would be ideal if they are integrated into a portable, stationary or transportation power system to generate hydrogen.

These insights are according to the report titled, “Hydrogen Electrolyzer Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” which has been freshly added to Market Research Hub’s (MRH) expanding repository. According to the study, the market value is anticipated to clock over USD 426 million in 2028—a two-fold spike from 2018.

Rising adoption from end-users such as food & beverages, electronics, fabrication, metal production and pharmaceuticals is being observed in hydrogen electrolyzer market. Alkaline electrolyzer and PEM-based electrolyzer are popular electrolyzers in the market.

Electrolysis has the ability to reduce the intermittent electricity production form renewable resources. Moreover, there are various research and development projects being witnessed globally that assess and compare hydrogen production from wind and solar power and the electric grid. Besides, the relentless developments and emergence of technologies have encouraged investors, thereby propelling the growth of hydrogen electrolyzer market.

Hydrogen Electrolyzer Market: Report Content

The report provides a coherent assessment on hydrogen electrolyzer devices market with the assistant of qualitative and quantitative assessment. The report delves into the segregation of the market to offer insights on the hydrogen electrolyzer devices. The report also delineates the drivers, restraints, opportunities and trends surrounding the hydrogen electrolyzer devices market.

The report incorporates executive summary and market overview section which provides an in-depth view of the hydrogen electrolyzer devices market. Moreover, the report on hydrogen electrolyzer devices embodies the market outlook along with attractiveness analysis which offers a coherent analysis of the market. The report also delineates cost structure analysis, pricing analysis, supply chain and market value projection to provide an actionable insights on the market. The report on hydrogen electrolyzer devices market elucidates overview section which delineates Porters’ Five Force Analysis, value chain analysis and trend analysis. Porters’ Five Force Analysis provides in-depth analysis on competitive scenario of the hydrogen electrolyzer devices market. The report also gives insights on product mapping and global economic outlook.

A robust assessment of competitive scenario of the hydrogen electrolyzer devices market is propelled by an exhaustive assessment of Porters’ Five Force Analysis offering inputs on potential strategic steps taken competitors. The report incorporates financial overview, portfolio of the product, recent development, namely.

Hydrogen Electrolyzer Market: Research Methodology

The analysis of the report is backed up by secondary research and primary research. The secondary sources encompasses Factiva, veracious paid source, resourceful database and trade journals. The primary source includes unbiased views of experts, seasoned analyst, including surveys and interviews. The report is propelled by absolute dollar opportunity analysis which substantiates the development of the hydrogen electrolyzer devices market.

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