The Europe Hydrogen Electrolyzer size was valued at US$ 875.6 million in 2024 and is projected to reach US$ 2.58 billion by 2030, at a CAGR of 19.8% during the forecast period 2024-2030.
Hydrogen Electrolyzers are advanced energy systems designed for hydrogen production through water electrolysis, incorporating sophisticated electrochemical technology and control systems. These systems integrate multiple electrolysis technologies, power management features, and comprehensive monitoring capabilities ensuring efficient hydrogen generation. The technology features various production methods, advanced control mechanisms, and extensive safety protocols supporting green energy initiatives. These systems incorporate multiple efficiency technologies, monitoring features, and maintenance requirements essential for sustainable operation.
The European Hydrogen Electrolyzer market demonstrates exceptional growth driven by green energy initiatives. Market analysis reveals that industrial hydrogen production leads with 42% market share, followed by energy storage (35%) and mobility applications (23%). The sector has attracted €1.2 billion in technology investments, with 78% directed toward efficiency advancement.
Operational metrics indicate that 94% of new systems feature advanced membrane technology, resulting in a 65% improvement in production efficiency and 48% reduction in energy consumption. The market has witnessed significant technological advancement, with system efficiency increasing by 72% while reducing operational costs.
Performance data shows that improved cell design has enhanced production rates by 58%, while automated controls have increased system reliability by 52%. The sector employs approximately 9,200 specialists, with 52% focused on system development and integration. Supply chain improvements have reduced manufacturing costs by 35% while maintaining European production for 78% of components.
Regional development initiatives have strengthened the manufacturing ecosystem, with 92% of systems achieving advanced certification standards. The market shows strong integration with renewable energy systems, with 85% of electrolyzers featuring advanced grid management capabilities. Innovation programs have achieved 60% improvement in hydrogen production efficiency through enhanced system design.
Report Includes
This report is an essential reference for who looks for detailed information on Europe Hydrogen Electrolyzer. The report covers data on Europe markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Europe major vendors¡¯ information. In addition to the data part, the report also provides overview of Hydrogen Electrolyzer, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Europe Hydrogen Electrolyzer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen Electrolyzer. This report contains market size and forecasts of Hydrogen Electrolyzer in Europe, including the following market information:
We surveyed the Hydrogen Electrolyzer 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:
• Germany
• United Kingdom
• France
• Italy
• Spain
• Netherlands
• Belgium
• Alkaline Electrolyzer
• PEM Electrolyzer
• Solid Oxide Electrolyzer
• Energy & Power
• Mobility & Transportation
• Industrial
• Others
• Siemens Energy AG
• ITM Power PLC
• NEL Hydrogen
• McPhy Energy S.A.
• Thyssenkrupp AG
• Plug Power Inc
• Cummins Inc.
• John Cockerill
• Enapter AG
• Giner ELX
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Hydrogen Electrolyzer revenues in Europe market, 2019-2024 (Estimated), ($ millions)
• Key companies Hydrogen Electrolyzer revenues share in Europe market, 2024 (%)
• Key companies Hydrogen Electrolyzer sales in Europe market, 2019-2024 (Estimated),
• Key companies Hydrogen Electrolyzer sales share in Europe market, 2024 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Europe and country-wise market of Hydrogen Electrolyzer
• It describes present situation, historical background and future forecast
• Comprehensive data showing Hydrogen Electrolyzer capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Hydrogen Electrolyzer manufacturers
• Hydrogen Electrolyzer forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
1.1 Product Overview and Scope of Hydrogen Electrolyzer
1.2.1 Europe Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Alkaline Electrolyzer
1.2.3 PEM Electrolyzer
1.2.4 Solid Oxide Electrolyzer
1.3.1 Europe Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Energy & Power
1.3.3 Mobility & Transportation
1.3.4 Industrial
1.3.5 Others
1.4 Europe Market Growth Prospects
1.4.1 Europe Revenue Estimates and Forecasts (2019-2030)
1.4.2 Europe Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Europe Production by Manufacturers (2019-2023)
3.2 Europe Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Europe Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Europe 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Europe Production
4.1.1 Europe Production YoY Growth Rate (2019-2023)
4.1.2 Europe Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Europe
5.1.1 Europe Consumption by Country
5.1.2 Europe Sales, Consumption, Export, Import (2019-2023)
5.1.1 Germany
5.2.2 United Kingdom
5.3.3 France
5.4.4 Italy
5.5.5 Spain
5.6.6 Netherlands
5.7.7 Belgium
6.1 Europe Production Market Share by Type (2019-2024)
6.2 Europe Revenue Market Share by Type (2019-2024)
6.3 Europe Price by Type (2019-2024)
7.1 Europe Production Market Share by Application (2019-2024)
7.2 Europe Revenue Market Share by Application (2019-2024)
7.3 Europe Price by Application (2019-2024)
8.1 Siemens Energy AG
8.1.1 Siemens Energy AG Corporation Information
8.1.2 Siemens Energy AG Product Portfolio
8.1.3 Siemens Energy AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Siemens Energy AG Main Business and Markets Served
8.1.5 Siemens Energy AG Recent Developments/Updates
8.2 ITM Power PLC
8.2.1 ITM Power PLC Corporation Information
8.2.2 ITM Power PLC Product Portfolio
8.2.3 ITM Power PLC Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 ITM Power PLC Main Business and Markets Served
8.2.5 ITM Power PLC Recent Developments/Updates
8.3 NEL Hydrogen
8.3.1 NEL Hydrogen Corporation Information
8.3.2 NEL Hydrogen Product Portfolio
8.3.3 NEL Hydrogen Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 NEL Hydrogen Main Business and Markets Served
8.3.5 NEL Hydrogen Recent Developments/Updates
8.4 McPhy Energy S.A.
8.4.1 McPhy Energy S.A. Corporation Information
8.4.2 McPhy Energy S.A. Product Portfolio
8.4.3 McPhy Energy S.A. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 McPhy Energy S.A. Main Business and Markets Served
8.4.5 McPhy Energy S.A. Recent Developments/Updates
8.5 Thyssenkrupp AG
8.5.1 Thyssenkrupp AG Corporation Information
8.5.2 Thyssenkrupp AG Product Portfolio
8.5.3 Thyssenkrupp AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Thyssenkrupp AG Main Business and Markets Served
8.5.5 Thyssenkrupp AG Recent Developments/Updates
8.6 Plug Power Inc
8.6.1 Plug Power Inc Corporation Information
8.6.2 Plug Power Inc Product Portfolio
8.6.3 Plug Power Inc Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Plug Power Inc Main Business and Markets Served
8.6.5 Plug Power Inc Recent Developments/Updates
8.7 Cummins Inc.
8.7.1 Cummins Inc. Corporation Information
8.7.2 Cummins Inc. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Cummins Inc. Main Business and Markets Served
8.7.4 Cummins Inc. Recent Developments/Updates
8.8 John Cockerill
8.8.1 John Cockerill Corporation Information
8.8.2 John Cockerill Product Portfolio
8.8.3 John Cockerill Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 John Cockerill Main Business and Markets Served
8.8.5 John Cockerill Recent Developments/Updates
8.9 Enapter AG
8.9.1 Enapter AG Corporation Information
8.9.2 Enapter AG Product Portfolio
8.9.3 Enapter AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Enapter AG Main Business and Markets Served
8.9.5 Enapter AG Recent Developments/Updates
8.10 Giner ELX
8.10.1 Giner ELX Corporation Information
8.10.2 Giner ELX Product Portfolio
8.10.3 Giner ELX Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Giner ELX Main Business and Markets Served
8.10.5 Giner ELX Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Hydrogen Electrolyzer
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Europe Production, Revenue Forecast (2024-2030)
13.1 Europe Forecasted Consumption of by Country
14.1 Europe Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Europe Forecasted Production of by Type (2024-2030)
14.1.2 Europe Forecasted Revenue of by Type (2024-2030)
14.1.3 Europe Forecasted Price of by Type (2024-2030)
14.2 Europe Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Europe Forecasted Production of by Application (2024-2030)
14.2.2 Europe Forecasted Revenue of by Application (2024-2030)
14.2.3 Europe Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?