FLAGSHIP REPORT
2024 Electrolyser Market Report Card by VNZ Insights
60+ pager report providing an in-depth status check on electrolyser market- by players, technology, geography, project size, and offtake and the expectations for 2024-25
US $ 3,990
VNZ Report card on Electrolyser market provides an in-depth overview of electrolyser delivered capacity by 2024 and expectations for 2025-26:
- Global & Regional Electrolyser installation trends
- By cumulative/annual capacity
- By electrolyser technology: ALK, PEM, SOEC, AEM, Others
- By Electrolyser OEMs
- By Asset Owners
- By Region
- By Project size: 200MW+, 50-200MW, 5-50MW, 1-5MW, sub-MW
- By Electrolyser stack size: 20MW+, 10-20MW, 5-10MW, 1-5MW, Sub-MW
- Global & Regional Electrolyser orderbook trends
- By contract type: firm orderbook, non-firm orderbook, non-firm pipeline
- By Electrolyser OEMs
- By Asset Owner and plants
- By ELY technology: ALK, PEM, SOEC, AEM, Others
- By Region
- By Project size
- By Electrolyser Stack size
- Deep dive market summaries for
- China
- Germany
- USA
- India
- Denmark
- Kingdom of Saudi Arabia
Key Takeaways
- Market Growth: Global electrolyser deliveries exceeded 6 GW by the end of 2024, with ~3.2 GW delivered in 2024 alone
- China's Dominance: China continues to drive the electrolyser market with nearly half of the global electrolyser delivered in China at end of 2024
- Order Surge: 2024 saw 3.2 GW in firm orders, bringing the total orderbook at the end of Q1 2025 to 8.9 GW
- Market Leaders: thyssenkrupp nucera completed ~1 GW electrolyser deliveries (partial) in 2024 while John Cockerill led the firm order award with ~0.6 GW order.
Key Questions Addressed
- Global & Regional Electrolyser installation trends
- By cumulative/annual capacity
- By electrolyser technology: ALK, PEM, SOEC, AEM, Others
- By Electrolyser OEMs
- By Asset Owners
- By Region
- By Project size: 200MW+, 50-200MW, 5-50MW, 1-5MW, sub-MW
- By Electrolyser stack size: 20MW+, 10-20MW, 5-10MW, 1-5MW, Sub-MW
- Global & Regional Electrolyser orderbook trends
- By contract type: firm orderbook, non-firm orderbook, non-firm pipeline
- By Electrolyser OEMs
- By Asset Owner and plants
- By ELY technology: ALK, PEM, SOEC, AEM, Others
- By Region
- By Project size
- By Electrolyser Stack size
- Deep dive market summaries for
- China
- Germany
- USA
- India
- Denmark
- Kingdom of Saudi Arabia
Who needs this report?
This report is relevant for everyone involved in the Green Hydrogen ecosystem.



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