Electrolysis is a process of using electricity to split water into hydrogen and oxygen and is a promising option for producing carbon-free hydrogen from renewable and nuclear resources. Electrolyser uses various technologies such as Alkaline, PEM, SOE, AEM to produce hydrogen where alkaline leads the market globally.
Electrolyser is used to produce green hydrogen which can help eliminate carbon emissions in challenging sector like Petroleum refinery, ammonia production, methanol production, transportation, power generation.
The Electrolyser market is estimated as the sum of the revenue generated by companies such as Siemens, Plug Power, Cummins, Nel Electrolyzer, ITM Power, which are manufacturing Electrolysers.
Key Queries Addressed in this report are: