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The global PEM Water Electrolyzers market size is expected to reach $ 2083.8 million by 2029, rising at a market growth of 42.9% CAGR during the forecast period (2023-2029).
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 studies the global PEM Water Electrolyzers production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for PEM Water Electrolyzers, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of PEM Water Electrolyzers that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global PEM Water Electrolyzers total production and demand, 2018-2029, (Units)
Global PEM Water Electrolyzers total production value, 2018-2029, (USD Million)
Global PEM Water Electrolyzers production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)
Global PEM Water Electrolyzers consumption by region & country, CAGR, 2018-2029 & (Units)
U.S. VS China: PEM Water Electrolyzers domestic production, consumption, key domestic manufacturers and share
Global PEM Water Electrolyzers production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)
Global PEM Water Electrolyzers production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)
Global PEM Water Electrolyzers production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units)
This reports 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, Kobelco Eco-Solutions, Elogen, Shandong Saksay Hydrogen Energy, ITM Power and Elchemtech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World PEM Water Electrolyzers market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global PEM Water Electrolyzers Market, By Region:
- United States
- China
- Europe
- Japan
- South Korea
- ASEAN
- India
- Rest of World
Global PEM Water Electrolyzers Market, Segmentation by Type
- Small Scale Typ
- Middle Scale Type
- Large Scale Type
Global PEM Water Electrolyzers Market, Segmentation by Application
- Hydrogen Refueling Station
- Laboratory
- Petrochemical Industry
- Electronics and Semiconductor
- Power to Gas
Companies Profiled:
- Proton On-Site
- Cummins
- Siemens
- Toshiba
- Kobelco Eco-Solutions
- Elogen
- Shandong Saksay Hydrogen Energy
- ITM Power
- Elchemtech
- 718th Research Institute of CSIC
- H2B2
Key Questions Answered
1. How big is the global PEM Water Electrolyzers market?
2. What is the demand of the global PEM Water Electrolyzers market?
3. What is the year over year growth of the global PEM Water Electrolyzers market?
4. What is the production and production value of the global PEM Water Electrolyzers market?
5. Who are the key producers in the global PEM Water Electrolyzers market?
6. What are the growth factors driving the market demand?