Plug Power and Cummins Recognized as the Market Leader, Bloom Energy as an Innovator, and Topsoe as an Emerging Company in the “Top 12 Electrolyzer Manufacturers, Worldwide 2023” by MarketsandMarkets 360 Quadrant
Electrolyzers, pivotal components in the production of green hydrogen, have become a central focus for Manufacturers navigating the transition towards sustainable energy solutions. As the demand for clean and renewable energy intensifies, the electrolyzer market is rapidly evolving, shaped by key players in the industry. In this dynamic scenario, MarketsandMarkets 360 Quadrant has identified the "Top 12 Electrolyzer Manufacturers, Worldwide 2023," recognizing the expertise of industry leaders such as Plug Power, Cummins, Bloom Energy, and Topsoe. The 360 Quadrant maps the Electrolyzer Manufacturers based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Electrolyzer quadrant. While the top criteria for product footprint evaluation included Technologies (Alkaline Electrolysis, Proton Exchange Membrane Electrolysis, Solid Oxide Electrolysis, Anion Exchange Membrane), Application (Energy, Mobil...
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