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.
PEM Electrolyzers Market contains market size and forecasts of PEM Electrolyzers in global, including the following market information:
- Global PEM Electrolyzers Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global PEM Electrolyzers Market Sales, 2017-2022, 2023-2028, (Units)
Global top five PEM Electrolyzers companies in 2021 (%)
The global PEM Electrolyzers market was valued at 122.9 million in 2021 and is projected to reach US$ 1491.6 million by 2028, at a CAGR of 42.9% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Small Scale Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of PEM Electrolyzers include Proton On-Site, Cummins, Siemens, Toshiba, Kobelco Eco-Solutions, Elogen, Shandong Saksay Hydrogen Energy, ITM Power and Elchemtech, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the PEM Electrolyzers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global PEM Electrolyzers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global PEM Electrolyzers Market Segment Percentages, by Type, 2021 (%)
- Small Scale Type
- Middle Scale Type
- Large Scale Type
Global PEM Electrolyzers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global PEM Electrolyzers Market Segment Percentages, by Application, 2021 (%)
- Hydrogen Refueling Station
- Laboratory
- Petrochemical Industry
- Electronics and Semiconductor
- Power to Gas
- Others
Global PEM Electrolyzers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global PEM Electrolyzers Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies PEM Electrolyzers revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies PEM Electrolyzers revenues share in global market, 2021 (%)
- Key companies PEM Electrolyzers sales in global market, 2017-2022 (Estimated), (Units)
- Key companies PEM Electrolyzers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Proton On-Site
- Cummins
- Siemens
- Toshiba
- Kobelco Eco-Solutions
- Elogen
- Shandong Saksay Hydrogen Energy
- ITM Power
- Elchemtech
- 718th Research Institute of CSIC
- H2B2