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Europe Small Capacity Electrolyzer Market Share

Report ID: GMI8773
Published Date: Apr 2024
Report Format: PDF

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Europe Small Capacity Electrolyzer Market Share

Bloom Energy, Corsica Solar, Enapter S.r.l, Green Hydrogen Systems, ITM Power PLC, and LARSEN & TOUBRO LIMITED holds majority of the industry share. Strategic partnerships enable manufacturers to access new markets and mitigate the risks associated with developing and commercializing modern technologies. Furthermore, collaborations between manufacturers, system integrators, and end-users enable the development of comprehensive solutions tailored to specific applications and operational requirements, thereby overcoming the integration challenges, and enhancing system performance.

Europe Small Capacity Electrolyzer Market Companies

Key market players operating across the Europe small capacity electrolyzer industry include:

Bloom Energy
Corsica Solar
Enapter S.r.l
Green Hydrogen Systems
ITM Power PLC
LARSEN & TOUBRO LIMITED
McPhy Energy S.A.
ostermeier H2ydrogen Solutions GmbH
Plug power Inc.
Sunfire GmbH

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

Europe small capacity electrolyzer industry reached USD 44.4 million in revenue in 2023 and is anticipated to grow at 9.3% CAGR up to 2032, due to rising suitability for small-scale hydrogen production applications.

Europe PEM small capacity electrolyzer market is projected to exceed USD 75.5 million by 2032 owing to their high current densities, compact system design, and rapid response toward current fluctuations.

Europe small capacity electrolyzer market from the > 300 kW - 500 kW capacity segment is set to witness more than 9.5% CAGR up to 2032, due to sustainable building development initiatives by respective government authorities in conjunction with rapid urbanization.

Germany small capacity electrolyzer industry size is projected to grow at over USD 42 million by 2032, owing to growing collaboration of research institutions, universities, and companies to produce green hydrogen along with rising investments in renewable energy infrastructure.