According to a market report by Lucintel, the future of the global megawatt proton exchange membrane water electrolysis hydrogen production electrolytic cell sales market looks promising with opportunities in the chemical plant, thermal power generation, hydrogen refueling station, and renewable hydrogen production markets. The global megawatt proton exchange membrane water electrolysis hydrogen production electrolytic cell sales market is expected to grow with a CAGR of 22% from 2025 to 2031. The major drivers for this market are the increase in demand for electric vehicles, the rising focus on environmental sustainability, and the growing shift toward longer battery life.
A more than 150-page report to understand trends, opportunity and forecast in megawatt proton exchange membrane water electrolysis hydrogen production electrolytic cell sales market to 2031 by type (aqueous solution electrolysis tank, molten salt electrolytic cell, and non aqueous solution electrolytic cell), application (chemical plant, thermal power generation, hydrogen refueling station, renewable hydrogen production, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, aqueous solution electrolysis tank is expected to witness the highest growth over the forecast period.
Within the application category, renewable hydrogen production is expected to witness the highest growth due to the increasing demand for sustainable energy solutions.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Sinopec, Dongfang Hydrogen Energy, Nel ASA, Siemens Energy are the major suppliers in the megawatt proton exchange membrane water electrolysis hydrogen production electrolytic cell sales market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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