8.3 Manufacturing Process Analysis of PEM Electrolyzers
8.4 PEM Electrolyzers Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 PEM Electrolyzers Distributors List
9.3 PEM Electrolyzers Customers
10 Market Dynamics
10.1 PEM Electrolyzers Industry Trends
10.2 PEM Electrolyzers Market Drivers
10.3 PEM Electrolyzers Market Challenges
10.4 PEM Electrolyzers Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of PEM Electrolyzers by Region (2023-2028)
11.2 North America PEM Electrolyzers Production, Revenue Forecast (2023-2028)
11.3 Europe PEM Electrolyzers Production, Revenue Forecast (2023-2028)
11.4 China PEM Electrolyzers Production, Revenue Forecast (2023-2028)
11.5 Japan PEM Electrolyzers Production, Revenue Forecast (2023-2028)
11.6 South Korea PEM Electrolyzers Production, Revenue Forecast (2023-2028)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of PEM Electrolyzers
12.2 North America Forecasted Consumption of PEM Electrolyzers by Country
12.3 Europe Market Forecasted Consumption of PEM Electrolyzers by Country
12.4 Asia Pacific Market Forecasted Consumption of PEM Electrolyzers by Region
12.5 Latin America Forecasted Consumption of PEM Electrolyzers by Country
13 Forecast by Type and by Application (2023-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of PEM Electrolyzers by Type (2023-2028)
13.1.2 Global Forecasted Revenue of PEM Electrolyzers by Type (2023-2028)
13.1.3 Global Forecasted Price of PEM Electrolyzers by Type (2023-2028)
13.2 Global Forecasted Consumption of PEM Electrolyzers by Application (2023-2028)
13.2.1 Global Forecasted Production of PEM Electrolyzers by Application (2023-2028)
13.2.2 Global Forecasted Revenue of PEM Electrolyzers by Application (2023-2028)
13.2.3 Global Forecasted Price of PEM Electrolyzers by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
Proton exchange membrane (PEM) electrolysis 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.
Due to the COVID-19 pandemic, the global PEM Electrolyzers market size is estimated to be worth US$ 166.8 million in 2022 and is forecast to a readjusted size of US$ 1536.2 million by 2028 with a CAGR of 44.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Small Scale Type accounting for % of the PEM Electrolyzers global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Hydrogen Refueling Station segment is altered to an % CAGR throughout this forecast period.
Global key players of PEM electrolyzers include Proton On-Site, Cummins, Siemens, Toshiba, etc. Global top five manufacturers hold a share over 68%. In terms of product, large scale type is the largest segment, with a share over 40%. And in terms of application, the largest application is hydrogen refueling station, with a share over 44%, followed by petrochemical industry.
Key Drivers & Barriers
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
The readers in the section will understand how the PEM Electrolyzers market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Key segments including type and application have been elaborated in this report. The consultants at QY Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type and application during the historical period (2017-2022) and forecast period (2023-2028).
Segment by Type
Small Scale Type
Middle Scale Type
Large Scale Type
Segment by Application
Hydrogen Refueling Station
Electronics and Semiconductor
Power to Gas
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and production data of each region and country for the period 2017-2028. This information derived through comprehensive research will help the reader to get familiar with the potential value of the investment in a particular region.
Production by Region
Consumption by Region
In this section, the readers will gain an understanding of the key players competing. The experts at QY Research have studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and production by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Shandong Saksay Hydrogen Energy
718th Research Institute of CSIC
Frequently Asked Questions
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Summary: Get latest Market Research Reports on PEM Electrolyzers. Industry analysis & Market Report on PEM Electrolyzers is a syndicated market report, published as Global PEM Electrolyzers Market Research Report 2022. It is complete Research Study and Industry Analysis of PEM Electrolyzers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.