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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
In a process known as electrolysis, an apparatus known as an electrolyzer uses electricity to split water into hydrogen and oxygen. The electrolyzer system produces hydrogen gas by electrolysis.
The excess oxygen is either discharged into the environment, or it can be trapped or kept to provide other industrial operations or, in some situations, medicinal gases. Since hydrogen is an energy carrier, it can be used to power any hydrogen fuel cell electric application, including trains, buses, trucks, and data centres.
The hydrogen gas can be either compressed or liquefied for storage. An electrolyzer has a cathode (negative charge), an anode (positive charge), and a membrane in its most basic configuration.
Pumps, vents, storage tanks, a power source, a separator, and other parts are also included in the overall system. Within the cell stacks, there is an electrochemical reaction called water electrolysis.
Water (H20) is split into its component molecules, hydrogen (H2) and oxygen (O2), by the proton exchange membrane (PEM) when electricity is delivered to the anode and cathode (O2).
The size of these electrolyzers can be adjusted to accommodate a range of input and output ranges, from tiny industrial plants installed in shipping containers to massive centralised production facilities that can provide hydrogen via trucks or be connected to pipelines.
Proton exchange membrane (PEM), alkaline, and solid oxide electrolysers are the three primary categories of electrolyzers.
S NO | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
1 | Bloom Energy Corporation launched its high volume commercial electrolyzer line at its Newark site, raising the company's electrolyzer producing capacity to two gigatonnes. | The factory has produced approximately 1 gigatonne (GW) of fuel cell-based Energy Servers that are robust, sustainable, and cost-effective. | Global | This would enhance better innovations |
2 | Ohmium establishes first Green Hydrogen Electrolyzer Gigafactory. | While other corporations have declared ambitions to create green hydrogen, Ohmium's production of electrolyzers will secure the availability of an end-to-end solution within the nation and reduce reliance on imports for this critical equipment. | India | This would enhance better innovations |
By operating at high temperatures, Bloomâs electrolyzer consumes 15 percent less electricity than other electrolyzer technologies when electricity is the sole input source.
The firm intends to be a pioneer in facilitating the generation of Green Hydrogen, hence transforming ' in clean energy.
The proton exchange membrane (PEM) hydrogen electrolyzer is at the core of Green Hydrogen production since it employs renewable energy to split water into hydrogen and oxygen.
Green Hydrogen, the future pollution-free fuel, is sector neutral and will aid India's shift to sustainable energy. Green hydrogen has no carbon footprint and may be used as fertilizer.
The Global Fuel Cell Electrolyzer market accountedfor $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |