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Global Electrolysis Hydrogen Generation Market Growth, Size, Trends Analysis – By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Jun 25, 2025
Length 244 Pages
SKU # SPER20265972

Description

Electrolysis Hydrogen Generation Market Introduction and Overview

According to SPER market research, ‘Global Electrolysis Hydrogen Generation Market Size- By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Electrolysis Hydrogen Generation Market is predicted to reach 28.99 billion by 2034 with a CAGR of 7.49%.

Electrolysis hydrogen generation is the process of breaking water into hydrogen and oxygen using electricity. When using renewable energy sources like wind, solar, or hydropower, this method is an important alternative for producing green hydrogen. The technique primarily uses two types of electrolyzers: proton exchange membranes (PEMs) and alkaline electrolyzers, both of which allow for scalable and efficient hydrogen synthesis.

Restraints:The global electrolysis hydrogen generation market has numerous obstacles that affect its scalability and competitiveness. One of the key challenges is the scarcity of low-cost renewable energy, which is required to produce fully green hydrogen. High capital investment and operating costs associated with electrolyzer manufacturing and maintenance further stifle market uptake.

Scope of the report:
Report Metric Details Market size available for years 2021-2034 Base year considered 2024 Forecast period 2025-2034

Segments covered
By Application

Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered
Air Liquide, Cummins Inc., McPhy Energy S.A., Nel ASA, Plug Power Inc., Siemens Energy

Global Electrolysis Hydrogen Generation Market Segmentation:

By Application:Based on the Application, Global Electrolysis Hydrogen Generation Market is segmented as; Petroleum Refining, Chemical, Transportation, Power Generation, Industry Energy, Others.

By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Table of Contents

244 Pages
1. Introduction
1.1.Scope of the report
1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data
2.1.2.Primary Data
2.1.3.SPER’s internal database
2.1.4.Premium insight from KOL’s
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers
4.1.2.Restraints
4.1.3.Opportunities
4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths
5.1.2.Weaknesses
5.1.3.Opportunities
5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape
5.2.2.Economic Landscape
5.2.3.Social Landscape
5.2.4.Technological Landscape
5.2.5.Environmental Landscape
5.2.6.Legal Landscape
5.3.PORTER’s Five Forces
5.3.1.Bargaining power of suppliers
5.3.2.Bargaining power of buyers
5.3.3.Threat of Substitute
5.3.4.Threat of new entrant
5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Electrolysis Hydrogen Generation Market Manufacturing Base Distribution, Sales Area, Product Type
6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electrolysis Hydrogen Generation Market
7.Global Electrolysis Hydrogen Generation Market, By Application 2021-2034 (USD Million)
7.1. Petroleum Refining
7.2. Chemical
7.3. Transportation
7.4. Power Generation
7.5. Industry Energy
7.6. Others
8.Global Electrolysis Hydrogen Generation Market, 2021-2034 (USD Million)
8.1.Global Electrolysis Hydrogen Generation Market Size and Market Share
9.Global Electrolysis Hydrogen Generation Market, By Region, 2021-2034 (USD Million)
9.1.Asia-Pacific
9.1.1.Australia
9.1.2.China
9.1.3.India
9.1.4.Japan
9.1.5.South Korea
9.1.6.Rest of Asia-Pacific
9.2.Europe
9.2.1.France
9.2.2.Germany
9.2.3.Italy
9.2.4.Spain
9.2.5.United Kingdom
9.2.6.Rest of Europe
9.3.Middle East and Africa
9.3.1.Kingdom of Saudi Arabia
9.3.2.United Arab Emirates
9.3.3.Qatar
9.3.4.South Africa
9.3.5.Egypt
9.3.6.Morocco
9.3.7.Nigeria
9.3.8.Rest of Middle-East and Africa
9.4.North America
9.4.1.Canada
9.4.2.Mexico
9.4.3.United States
9.5.Latin America
9.5.1.Argentina
9.5.2.Brazil
9.5.3.Rest of Latin America
10.Company Profile
10.1.Air Liquide
10.1.1.Company details
10.1.2.Financial outlook
10.1.3.Product summary
10.1.4.Recent developments
10.2.Cummins Inc.
10.2.1.Company details
10.2.2.Financial outlook
10.2.3.Product summary
10.2.4.Recent developments
10.3.McPhy Energy S.A.
10.3.1.Company details
10.3.2.Financial outlook
10.3.3.Product summary
10.3.4.Recent developments
10.4.Nel ASA
10.4.1.Company details
10.4.2.Financial outlook
10.4.3.Product summary
10.4.4.Recent developments
10.5.Plug Power Inc.
10.5.1.Company details
10.5.2.Financial outlook
10.5.3.Product summary
10.5.4.Recent developments
10.6.Siemens Energy
10.6.1.Company details
10.6.2.Financial outlook
10.6.3.Product summary
10.6.4.Recent developments
10.7.Others
11.Conclusion
12.List of Abbreviations
13.Reference Links

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