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According to our (Global Info Research) latest study, the global PEM Water Electrolyzers market size was valued at USD 171.6 million in 2022 and is forecast to a readjusted size of USD 2083.8 million by 2029 with a CAGR of 42.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
PEM Water Electrolyzers is the electrolysis of water in a cell equipped with a solid polymer electrolyte (SPE) that is responsible for the conduction of protons, separation of product gases, and electrical insulation of the electrodes. The PEM electrolyzer was introduced to overcome the issues of partial load, low current density, and low pressure operation currently plaguing the alkaline electrolyzer. The top five market core manufacturers of PEM water electrolyzers are Proton On-Site, Cummins, Siemens, Toshiba, and Shandong Saikesaisi Hydrogen Energy, accounting for 68% of the market share. Large and medium-sized PEM water electrolyzers occupy the first and second segments of the market, accounting for 40.66%, 36, and 7% respectively.
This report is a detailed and comprehensive analysis for global PEM Water Electrolyzers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global PEM Water Electrolyzers market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Water Electrolyzers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Water Electrolyzers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Water Electrolyzers market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for PEM Water Electrolyzers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global PEM Water Electrolyzers market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Proton On-Site, Cummins, Siemens, Toshiba and Kobelco Eco-Solutions, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
PEM Water Electrolyzers market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Small Scale Typ
- Middle Scale Type
- Large Scale Type
Market segment by Application
- Hydrogen Refueling Station
- Laboratory
- Petrochemical Industry
- Electronics and Semiconductor
- Power to Gas
Major players covered
- Proton On-Site
- Cummins
- Siemens
- Toshiba
- Kobelco Eco-Solutions
- Elogen
- Shandong Saksay Hydrogen Energy
- ITM Power
- Elchemtech
- 718th Research Institute of CSIC
- H2B2
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PEM Water Electrolyzers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PEM Water Electrolyzers, with price, sales, revenue and global market share of PEM Water Electrolyzers from 2018 to 2023.
Chapter 3, the PEM Water Electrolyzers competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PEM Water Electrolyzers breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and PEM Water Electrolyzers market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of PEM Water Electrolyzers.
Chapter 14 and 15, to describe PEM Water Electrolyzers sales channel, distributors, customers, research findings and conclusion.