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    South Korea Hydrogen Electrolyzer Market

    ID: MRFR/E&P/53632-HCR
    200 Pages
    Chitranshi Jaiswal
    September 2025

    South Korea Hydrogen Electrolyzer Market Research Report By Product Type (Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer, Solid Oxide Electrolyzer), By Capacity (Low (= 150 kW), Medium (150kW - 1mW), High (> 1mW)), By Outlet Pressure (Low (= 10 Bar), Medium (10 Bar - 40 Bar), High (> 40 Bar)) and By End-user (Ammonia, Methanol, Refining/ Hydrocarbon, Electronics, Energy, Power to Gas, Transport, Metal Production and Fabrication, Pharma and Biotech, Food and Beverages, Glass Industry, Others)-Forecast to 2035

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    Table of Contents

    South Korea Hydrogen Electrolyzer Market Summary

    The South Korea Hydrogen Electrolyzer market is poised for substantial growth, projected to reach 479.4 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Hydrogen Electrolyzer Key Trends and Highlights

    • The market valuation is expected to grow from 54.8 USD Million in 2024 to 479.4 USD Million by 2035.
    • A compound annual growth rate (CAGR) of 21.79% is anticipated from 2025 to 2035.
    • The increasing focus on renewable energy sources is likely to drive market expansion in South Korea.
    • Growing adoption of hydrogen electrolyzers due to the rising demand for clean energy solutions is a major market driver.

    Market Size & Forecast

    2024 Market Size 54.8 (USD Million)
    2035 Market Size 479.4 (USD Million)
    CAGR (2025-2035) 21.79%

    Major Players

    Nel Hydrogen, Hanwha Group, Samsung Engineering, Plug Power, Doosan Fuel Cell, Air Products, POSCO, Hyundai Engineering, McPhy Energy, Korea Electric Power Corporation, Ballard Power Systems, SK Group, Korea Gas Corporation, Hyundai Motor Company, Lotte Chemical

    South Korea Hydrogen Electrolyzer Market Trends

    South Korea's hydrogen electrolyzer market is witnessing notable trends driven by government commitment to hydrogen energy as part of its Green New Deal initiative. The government aims to foster a hydrogen economy by investing in infrastructure and technologies that support hydrogen production, including electrolyzers.

    This commitment is further emphasized by South Korea's ambition to become a leading player in the global hydrogen market by increasing electrolyzer production capacity and directly addressing energy security and environmental sustainability.

    Sectors such as transport, power, and manufacturing are gradually adopting hydrogen technologies, making waste-to-hydrogen systems that can complement the hydrogen economy highly promising. Recent developments show a growing number of private-public collaborations focus on creating new types of advanced electrolyzers for increased efficiency, reduced production costs, and improved overall efficiency.Moreover, with South Korea hosting various pilot projects and establishing local production facilities, the momentum for innovation and investment in electrolyzers is strong.

    These initiatives aim to boost domestic production and reduce reliance on imports, aligning with national goals for energy independence. Overall, South Korea's hydrogen electrolyzer market is on a robust growth trajectory, fueled by supportive policies, evolving technologies, and a growing recognition of the role of hydrogen in achieving a sustainable future.

    South Korea Hydrogen Electrolyzer Market Drivers

    Market Segment Insights

    South Korea Hydrogen Electrolyzer Market Segment Insights

    South Korea Hydrogen Electrolyzer Market Segment Insights

    Hydrogen Electrolyzer Market Product Type Insights

    Hydrogen Electrolyzer Market Product Type Insights

    The South Korea Hydrogen Electrolyzer Market is experiencing significant growth, driven by a commitment to renewable energy and a shift towards sustainable hydrogen production. Within this market, various product types are gaining traction, each presenting unique capabilities and applications. Proton Exchange Membrane Electrolyzers are known for their efficiency and compact size, making them well-suited for applications requiring high purity hydrogen, such as the transport sector and energy storage solutions.

    This product type is particularly important in South Korea, where the government has set ambitious targets for hydrogen energy adoption as part of its green energy initiative.Alkaline Electrolyzers represent a long-established technology in the electrolyzer segment, leveraging cost-effective materials and solid infrastructure to produce hydrogen.

    The relevance of this technology is underscored by its robustness and scalability, providing a reliable option for large-scale hydrogen production in industrial applications. Given South Korea's focus on boosting its industrial capability and reducing carbon footprints, alkaline electrolysis plays a critical role in supporting these goals.On the other hand, Solid Oxide Electrolyzers are emerging as a promising technology due to their potential for high efficiency and ability to utilize waste heat from industrial processes.

    This versatility aligns with South Korea's initiatives to integrate hydrogen production within existing manufacturing operations, making Solid Oxide Electrolyzers a significant focus for future development.

    Hydrogen Electrolyzer Market Capacity Insights

    Hydrogen Electrolyzer Market Capacity Insights

    The South Korea Hydrogen Electrolyzer Market is showing a growing focus on Capacity, reflecting considerable advancements in hydrogen production technology. The market is categorized into three primary ranges: Low (= 150 kW), Medium (150 kW - 1 mW), and High (> 1 mW) capacity systems. Low-capacity electrolyzers play a crucial role in small-scale applications, making hydrogen accessible for localized energy solutions and industrial usage, thereby encouraging decentralized energy generation.

    The Medium category serves as a bridge, suitable for moderate industrial applications and fostering the adoption of hydrogen technologies in sectors such as transportation and backup power generation.

    Meanwhile, High-capacity systems are vital for large-scale hydrogen production, particularly as South Korea aims to integrate hydrogen as a key component of its energy mix, aligning with national goals of reducing carbon emissions and advancing towards a hydrogen economy. This diversification in capacity segments indicates a strategic approach to meet varying demands in the hydrogen ecosystem, making all categories essential for supporting the growth of the South Korea Hydrogen Electrolyzer Market and its broader industry landscape.

    Hydrogen Electrolyzer Market Outlet Pressure Insights

    Hydrogen Electrolyzer Market Outlet Pressure Insights

    The Outlet Pressure segment of the South Korea Hydrogen Electrolyzer Market is characterized by its division into categories based on pressure levels, notably Low, Medium, and High pressures. Each of these categories plays a crucial role in determining efficiency and suitability for various applications. The Low pressure segment, encompassing pressures equal to or below 10 Bar, is typically used in residential and small-scale industrial applications where energy efficiency and cost-effectiveness are key drivers.

    The Medium pressure range, between 10 and 40 Bar, caters to a mix of commercial and industrial uses, offering a balanced output for various technological processes playing an influential part in energy storage systems.On the other hand, the High pressure segment, which exceeds 40 Bar, is particularly significant for heavy industries and transport applications, supporting the growing demand for hydrogen as a clean fuel in transportation.

    Overall, the shift towards more sustainable energy sources in South Korea further drives the growth of these segments, reflecting an increasing adoption of hydrogen technology across industries, underscoring the importance of outlet pressure specifications in the efficiency and application of hydrogen electrolyzers.

    Hydrogen Electrolyzer Market End-user Insights

    Hydrogen Electrolyzer Market End-user Insights

    The End-user segment of the South Korea Hydrogen Electrolyzer Market showcases diverse applications across various industries, highlighting its significance in the transition to sustainable energy solutions. The ammonia sector is vital due to its prominent role in fertilizers, supporting agricultural output and food security.

    Likewise, the methanol industry benefits from hydrogen production, aiding in cleaner energy sources for fuel and chemical manufacturing. The refining and hydrocarbon sectors greatly rely on hydrogen for enhancing crude oil processing and reducing emissions.Electronics industries utilize hydrogen for semiconductor manufacturing, making it essential for technological advancements.

    The energy sector is increasingly adopting hydrogen production as part of renewable strategies, particularly in power-to-gas applications, which convert surplus electricity into hydrogen for storage and later use. In transport, hydrogen fuel cells are becoming pivotal in promoting zero-emission vehicles. The metal production and fabrication industries leverage hydrogen for steel manufacturing processes, significantly reducing carbon footprints.

    Pharma and biotechnology utilize hydrogen in various R&D processes, while the food and beverages sectors apply it in product preservation and production efficiency. Lastly, the glass industry employs hydrogen in glass manufacturing, enhancing quality and reducing environmental impact. Collectively, these sectors highlight the South Korea Hydrogen Electrolyzer Market's diversity and its potential to foster a sustainable industrial ecosystem.

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    Regional Insights

    Key Players and Competitive Insights

    The South Korea Hydrogen Electrolyzer Market is increasingly becoming a pivotal segment in the broader energy landscape due to the country's ambitious goals for green hydrogen production and sustainable energy solutions. With the South Korean government firmly committed to reducing carbon emissions and transitioning to renewable energy sources, the electrolyzer market is poised for significant growth.

    Competition in this sector is accelerating, driven by the development of innovative technologies, strategic partnerships, and investments aimed at enhancing the efficiency and cost-effectiveness of hydrogen production. Key players are focusing on improving their product offerings to cater to the diverse needs of industries looking to integrate hydrogen solutions into their operations, thus shaping a dynamic competitive environment that emphasizes innovation and sustainability.

    Nel Hydrogen has established a significant presence in the South Korean Hydrogen Electrolyzer Market, known for its advanced electrolyzer technology and commitment to clean energy initiatives. The company's strength lies in its extensive experience in hydrogen production and scalable solutions that cater to both large and small-scale applications. With a focus on developing high-efficiency systems that are capable of delivering low-cost green hydrogen, Nel Hydrogen leverages its technical expertise and innovative approach to gain a competitive edge.

    By participating in collaborations with local firms and governmental entities, the company is effectively positioning itself to contribute to South Korea's green hydrogen ambitions and further expand its market reach.Hanwha Group is another prominent player in the South Korean Hydrogen Electrolyzer Market, benefiting from its diversified portfolio and strong market presence.

    The company offers a range of products and services that include advanced electrolyzer systems specifically tailored for various industry applications. Hanwha’s strengths lie in its robust research and development capabilities, which enable it to stay at the forefront of technological advancements in hydrogen production.

    Through strategic mergers and acquisitions, Hanwha has enhanced its capabilities and broadened its service offerings in the clean energy sector, aligning with South Korea’s future energy goals. This strategic positioning allows Hanwha Group to not only capture a substantial market share but also contribute significantly to the development of a sustainable hydrogen economy in the region.

    Key Companies in the South Korea Hydrogen Electrolyzer Market market include

    Industry Developments

    The South Korea Hydrogen Electrolyzer Market has witnessed significant advancements and investments recently, with companies like Nel Hydrogen and Hanwha Group actively expanding their production capabilities. In September 2023, SK Group announced plans to invest heavily in hydrogen production technologies, including advancements in electrolyzer technology, aiming to enhance the country's hydrogen infrastructure.

    Samsung Engineering, in collaboration with Doosan Fuel Cell, is working on innovative solutions to scale up hydrogen production for various industrial applications. Furthermore, in October 2023, Lotte Chemical and Air Products entered a joint venture to develop large-scale hydrogen projects, which are expected to catalyze market growth.

    The South Korean government has bolstered its regulatory framework to support the hydrogen economy, paving the way for major industry players such as Hyundai Motor Company and Korea Gas Corporation to enhance their participation in the hydrogen supply chain.

    The market has shown impressive growth, with the valuations of local companies increasing due to rising global demand for clean energy solutions. Over recent years, there have been notable developments, including major contracts and partnerships announced in early 2022 between Plug Power and several local firms to boost electrolyzer production capacity.

    Market Segmentation

    Outlook

    • Ammonia
    • Methanol
    • Refining/ Hydrocarbon
    • Electronics
    • Energy
    • Power to Gas
    • Transport
    • Metal Production and Fabrication
    • Pharma and Biotech
    • Food and Beverages
    • Glass Industry
    • Others

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 43.77(USD Million)
    MARKET SIZE 2024 54.8(USD Million)
    MARKET SIZE 2035 479.4(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 21.795% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Nel Hydrogen, Hanwha Group, Samsung Engineering, Plug Power, Doosan Fuel Cell, Air Products, POSCO, Hyundai Engineering, McPhy Energy, Korea Electric Power Corporation, Ballard Power Systems, SK Group, Korea Gas Corporation, Hyundai Motor Company, Lotte Chemical
    SEGMENTS COVERED Product Type, Capacity, Outlet Pressure, End-user
    KEY MARKET OPPORTUNITIES Government incentives for green hydrogen, Growing demand in transportation sector, Emerging industrial applications, Investment in renewable energy, Technological advancements in electrolyzers
    KEY MARKET DYNAMICS government policies and incentives, increasing renewable energy integration, technological advancements, growing hydrogen demand, competitive landscape expansion
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

    Get In Touch
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    FAQs

    What is the expected market size of the South Korea Hydrogen Electrolyzer Market in 2024?

    The South Korea Hydrogen Electrolyzer Market is expected to be valued at 54.8 million USD in 2024.

    What will the market size of the South Korea Hydrogen Electrolyzer Market be by 2035?

    By 2035, the South Korea Hydrogen Electrolyzer Market is projected to reach a valuation of 479.4 million USD.

    What is the expected compound annual growth rate (CAGR) for the South Korea Hydrogen Electrolyzer Market from 2025 to 2035?

    The expected CAGR for the South Korea Hydrogen Electrolyzer Market from 2025 to 2035 is 21.795 percent.

    Which product type holds the largest market share in the Hydrogen Electrolyzer Market in 2024?

    The Proton Exchange Membrane Electrolyzer is expected to hold the largest market share, valued at 22.0 million USD in 2024.

    What are the projected market values for Alkaline Electrolyzer and Solid Oxide Electrolyzer in 2024?

    The Alkaline Electrolyzer is valued at 18.0 million USD, while the Solid Oxide Electrolyzer is valued at 14.8 million USD in 2024.

    What market trends are driving growth in the South Korea Hydrogen Electrolyzer Market?

    Growing demand for clean hydrogen production and advancements in electrolyzer technology are key trends driving market growth.

    Who are the major players in the South Korea Hydrogen Electrolyzer Market?

    Key players include Nel Hydrogen, Hanwha Group, Samsung Engineering, and Hyundai Motor Company among others.

    How do market values for Proton Exchange Membrane Electrolyzer change by 2035?

    The market value for Proton Exchange Membrane Electrolyzer is expected to increase to 203.0 million USD by 2035.

    What challenges does the South Korea Hydrogen Electrolyzer Market currently face?

    Challenges include high initial costs and the need for technological advancements for wider adoption of electrolyzers.

    What impact does the competitive landscape have on the South Korea Hydrogen Electrolyzer Market?

    The competitive landscape fosters innovation and pricing strategies, influencing growth and market differentiation.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. South
    59. Korea Hydrogen Electrolyzer Market, BY Product Type (USD Million)
    60. Proton
    61. Exchange Membrane Electrolyzer
    62. Alkaline Electrolyzer
    63. Solid
    64. Oxide Electrolyzer
    65. South Korea
    66. Hydrogen Electrolyzer Market, BY Capacity (USD Million)
    67. Low
    68. (= 150 kW)
    69. Medium (150kW - 1mW)
    70. High
    71. (> 1mW)
    72. South Korea Hydrogen
    73. Electrolyzer Market, BY Outlet Pressure (USD Million)
    74. Low
    75. (= 10 Bar)
    76. Medium (10 Bar - 40 Bar)
    77. High
    78. (> 40 Bar)
    79. South Korea Hydrogen
    80. Electrolyzer Market, BY End-user (USD Million)
    81. Ammonia
    82. Methanol
    83. Refining/
    84. Hydrocarbon
    85. Electronics
    86. Energy
    87. Power
    88. to Gas
    89. Transport
    90. Metal Production
    91. and Fabrication
    92. Pharma and Biotech
    93. Food
    94. and Beverages
    95. Glass Industry
    96. Others
    97. Competitive Landscape
    98. Overview
    99. Competitive
    100. Analysis
    101. Market share Analysis
    102. Major
    103. Growth Strategy in the Hydrogen Electrolyzer Market
    104. Competitive
    105. Benchmarking
    106. Leading Players in Terms of Number of Developments
    107. in the Hydrogen Electrolyzer Market
    108. Key developments
    109. and growth strategies
    110. New Product Launch/Service Deployment
    111. Merger
    112. Acquisitions
    113. Joint Ventures
    114. Major
    115. Players Financial Matrix
    116. Sales and Operating Income
    117. Major
    118. Players RD Expenditure. 2023
    119. Company
    120. Profiles
    121. Nel Hydrogen
    122. Financial
    123. Overview
    124. Products Offered
    125. Key
    126. Developments
    127. SWOT Analysis
    128. Key
    129. Strategies
    130. Hanwha Group
    131. Financial
    132. Overview
    133. Products Offered
    134. Key
    135. Developments
    136. SWOT Analysis
    137. Key
    138. Strategies
    139. Samsung Engineering
    140. Financial
    141. Overview
    142. Products Offered
    143. Key
    144. Developments
    145. SWOT Analysis
    146. Key
    147. Strategies
    148. Plug Power
    149. Financial
    150. Overview
    151. Products Offered
    152. Key
    153. Developments
    154. SWOT Analysis
    155. Key
    156. Strategies
    157. Doosan Fuel Cell
    158. Financial
    159. Overview
    160. Products Offered
    161. Key
    162. Developments
    163. SWOT Analysis
    164. Key
    165. Strategies
    166. Air Products
    167. Financial
    168. Overview
    169. Products Offered
    170. Key
    171. Developments
    172. SWOT Analysis
    173. Key
    174. Strategies
    175. POSCO
    176. Financial
    177. Overview
    178. Products Offered
    179. Key
    180. Developments
    181. SWOT Analysis
    182. Key
    183. Strategies
    184. Hyundai Engineering
    185. Financial
    186. Overview
    187. Products Offered
    188. Key
    189. Developments
    190. SWOT Analysis
    191. Key
    192. Strategies
    193. McPhy Energy
    194. Financial
    195. Overview
    196. Products Offered
    197. Key
    198. Developments
    199. SWOT Analysis
    200. Key
    201. Strategies
    202. Korea Electric Power Corporation
    203. Financial
    204. Overview
    205. Products Offered
    206. Key
    207. Developments
    208. SWOT Analysis
    209. Key
    210. Strategies
    211. Ballard Power Systems
    212. Financial
    213. Overview
    214. Products Offered
    215. Key
    216. Developments
    217. SWOT Analysis
    218. Key
    219. Strategies
    220. SK Group
    221. Financial
    222. Overview
    223. Products Offered
    224. Key
    225. Developments
    226. SWOT Analysis
    227. Key
    228. Strategies
    229. Korea Gas Corporation
    230. Financial
    231. Overview
    232. Products Offered
    233. Key
    234. Developments
    235. SWOT Analysis
    236. Key
    237. Strategies
    238. Hyundai Motor Company
    239. Financial
    240. Overview
    241. Products Offered
    242. Key
    243. Developments
    244. SWOT Analysis
    245. Key
    246. Strategies
    247. Lotte Chemical
    248. Financial
    249. Overview
    250. Products Offered
    251. Key
    252. Developments
    253. SWOT Analysis
    254. Key
    255. Strategies
    256. References
    257. Related
    258. Reports
    259. LIST
    260. OF ASSUMPTIONS
    261. South Korea Hydrogen Electrolyzer Market
    262. SIZE ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019-2035 (USD Billions)
    263. South
    264. Korea Hydrogen Electrolyzer Market SIZE ESTIMATES & FORECAST, BY CAPACITY, 2019-2035
    265. (USD Billions)
    266. South Korea Hydrogen Electrolyzer Market
    267. SIZE ESTIMATES & FORECAST, BY OUTLET PRESSURE, 2019-2035 (USD Billions)
    268. South
    269. Korea Hydrogen Electrolyzer Market SIZE ESTIMATES & FORECAST, BY END-USER, 2019-2035
    270. (USD Billions)
    271. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    272. ACQUISITION/PARTNERSHIP
    273. LIST
    274. Of figures
    275. MARKET SYNOPSIS
    276. SOUTH
    277. KOREA HYDROGEN ELECTROLYZER MARKET ANALYSIS BY PRODUCT TYPE
    278. SOUTH
    279. KOREA HYDROGEN ELECTROLYZER MARKET ANALYSIS BY CAPACITY
    280. SOUTH
    281. KOREA HYDROGEN ELECTROLYZER MARKET ANALYSIS BY OUTLET PRESSURE
    282. SOUTH
    283. KOREA HYDROGEN ELECTROLYZER MARKET ANALYSIS BY END-USER
    284. KEY
    285. BUYING CRITERIA OF HYDROGEN ELECTROLYZER MARKET
    286. RESEARCH
    287. PROCESS OF MRFR
    288. DRO ANALYSIS OF HYDROGEN ELECTROLYZER
    289. MARKET
    290. DRIVERS IMPACT ANALYSIS: HYDROGEN ELECTROLYZER
    291. MARKET
    292. RESTRAINTS IMPACT ANALYSIS: HYDROGEN ELECTROLYZER
    293. MARKET
    294. SUPPLY / VALUE CHAIN: HYDROGEN ELECTROLYZER MARKET
    295. HYDROGEN
    296. ELECTROLYZER MARKET, BY PRODUCT TYPE, 2025 (% SHARE)
    297. HYDROGEN
    298. ELECTROLYZER MARKET, BY PRODUCT TYPE, 2019 TO 2035 (USD Billions)
    299. HYDROGEN
    300. ELECTROLYZER MARKET, BY CAPACITY, 2025 (% SHARE)
    301. HYDROGEN
    302. ELECTROLYZER MARKET, BY CAPACITY, 2019 TO 2035 (USD Billions)
    303. HYDROGEN
    304. ELECTROLYZER MARKET, BY OUTLET PRESSURE, 2025 (% SHARE)
    305. HYDROGEN
    306. ELECTROLYZER MARKET, BY OUTLET PRESSURE, 2019 TO 2035 (USD Billions)
    307. HYDROGEN
    308. ELECTROLYZER MARKET, BY END-USER, 2025 (% SHARE)
    309. HYDROGEN
    310. ELECTROLYZER MARKET, BY END-USER, 2019 TO 2035 (USD Billions)
    311. BENCHMARKING
    312. OF MAJOR COMPETITORS

    South Korea Hydrogen Electrolyzer Market Segmentation

    • Hydrogen Electrolyzer Market By Product Type (USD Million, 2019-2035)

      • Proton Exchange Membrane Electrolyzer
      • Alkaline Electrolyzer
      • Solid Oxide Electrolyzer

     

    • Hydrogen Electrolyzer Market By Capacity (USD Million, 2019-2035)

      • Low (= 150 kW)
      • Medium (150kW - 1mW)
      • High (> 1mW)

     

    • Hydrogen Electrolyzer Market By Outlet Pressure (USD Million, 2019-2035)

      • Low (= 10 Bar)
      • Medium (10 Bar - 40 Bar)
      • High (> 40 Bar)

     

    • Hydrogen Electrolyzer Market By End-user (USD Million, 2019-2035)

      • Ammonia
      • Methanol
      • Refining/ Hydrocarbon
      • Electronics
      • Energy
      • Power to Gas
      • Transport
      • Metal Production and Fabrication
      • Pharma and Biotech
      • Food and Beverages
      • Glass Industry
      • Others

     

     

     

     

     

     

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