Your browser is not supported. Please update it.
May 23, 2024

Electrolyzer Market Forecast to 2040; critical insights for stakeholders navigating the complexities of the hydrogen sector

If you’re a stakeholder navigating the complexities of the hydrogen sector contact us now to discuss a purchase of this report. It will provide you with detailed analysis of the evolving electrolyzer market, and its pivotal role in the burgeoning green hydrogen economy. 

About the report

The electrolyzer market, a cornerstone for green hydrogen, hinges on predictable future demand for green hydrogen. Reliable demand projections are essential for scaling investments in the supply chain, starting with electrolyzer manufacturing facilities. The demand for green hydrogen is gaining momentum in sectors such as aviation, maritime shipping, and steel manufacturing, with oil majors also spearheading decarbonization efforts in their refineries.

The report thoroughly examines the various electrolyzer technologies, including proton exchange membrane (PEM), alkaline (ALK), anion exchange membrane (AEM), and solid oxide electrolytic cells (SOECs). Each technology has its advantages and challenges, with ALK known for lower costs and PEM for better intermittency response. Innovations are continually emerging, with startups exploring new materials and operating parameters to enhance efficiency and commercial viability. SOECs will benefit from waste heat applications, and are showing high efficiency despite the ongoing challenge of reducing operating temperatures. 

This report draws from extensive industry engagement and is backed by a wealth of graphs, charts, and accompanying XLS dataset. The report will answer these key questions:

  • How can SOECs make an impact?
  • What is the potential for novel technologies?
  • Which electrolysis technology will lead come 2040?
  • Will Chinese manufacturers take over the European electrolyzer market?
Who should buy this report?

Electrolyzer Market Forecast from Rethink Energy is essential reading for stakeholders across the hydrogen value chain. Governmental institutions can leverage the insights to inform national strategies and tender schemes. Additionally, energy producers and industry players will benefit from detailed analyses of current technologies to align their future strategies with commercial opportunities.

  • Download Executive Summary
    Please fill your email address

A subscription is required to read this content.
Contact us  to learn more about subscribing.

Rethink Energy Research

Rethink Energy forecasts the changing energy landscape and its investment possibilities, as renewables begin to take over from conventional fossil fuels