Investment Rating - The report does not explicitly state an investment rating for the hydrogen energy equipment industry. Core Insights - The hydrogen energy equipment industry in China is projected to experience significant growth, with the market size expected to reach 818.48 billion yuan by 2028, up from 36.7 billion yuan in 2023, reflecting a compound annual growth rate (CAGR) of approximately 36.5% [22][52]. - The total hydrogen supply in China is forecasted to increase from 3.34 million tons in 2019 to 3.77 million tons by 2028, indicating a steady growth trend [25][29]. - The penetration rate of water electrolysis for hydrogen production is anticipated to rise from 0.05% in 2019 to 5.85% by 2028, showcasing the increasing adoption of this technology [26][29]. Summary by Sections 1. Electrolyzer Equipment Market Size - The market size for electrolyzer equipment in China is projected to grow from 7.74 billion yuan in 2019 to 818.48 billion yuan by 2028, with a notable increase in the alkaline electrolyzer market from 7.74 billion yuan in 2019 to 492.71 billion yuan by 2028 [22][52]. 2. Total Hydrogen Supply - The total hydrogen supply in China is expected to grow from 3.34 million tons in 2019 to 3.77 million tons by 2028, indicating a gradual increase in hydrogen production capacity [25][29]. 3. Electrolysis Penetration Rate - The penetration rate of water electrolysis for hydrogen production is projected to increase significantly, from 0.05% in 2019 to 5.85% by 2028, reflecting a growing trend towards cleaner hydrogen production methods [26][29]. 4. Electrolysis Production Volume - The production volume of hydrogen via water electrolysis is expected to rise from 1.67 million tons in 2019 to 220.47 million tons by 2028, indicating a substantial increase in production capabilities [29][37]. 5. Average Power Consumption of Electrolyzers - The average power consumption of electrolyzers is forecasted to decrease slightly from 55.6 kWh/kg in 2019 to 52.1 kWh/kg by 2028, suggesting improvements in efficiency [32][34]. 6. Installed Capacity of Electrolyzers - The installed capacity of electrolyzers is projected to grow from 0.31 GW in 2019 to 28.72 GW by 2028, highlighting the rapid expansion of hydrogen production infrastructure [37][44]. 7. PEM Electrolyzer Market Share - The market share of PEM electrolyzers is expected to increase from 0% in 2019 to 18% by 2028, indicating a shift towards more advanced electrolyzer technologies [39][44]. 8. PEM Electrolyzer System Prices - The price of PEM electrolyzer systems is anticipated to decrease from 9,500 yuan/kW in 2019 to 6,302.5 yuan/kW by 2028, reflecting advancements in technology and economies of scale [42][44]. 9. Alkaline Electrolyzer Market Share - The market share of alkaline electrolyzers is projected to decline from 100% in 2019 to 82% by 2028, as PEM technology gains traction in the market [49][52]. 10. Alkaline Electrolyzer System Prices - The price of alkaline electrolyzer systems is expected to decrease from 2,500 yuan/kW in 2019 to 2,092.4 yuan/kW by 2028, indicating cost reductions in production [50][52].
中国氢能设备行业市场规模测算逻辑模型 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-11-13 12:00