[ industry rankings ]
procurement, and construction( EPC) capabilities. Guidehouse Insights scored the vendors in this report according to four categories: Leaders, Contenders, Challengers, and Followers.
Leaders Leaders are companies that have differentiated themselves from the competition through exceptional product performance, strong partnerships, and a sustainable business model. Leaders are in the strongest position for longterm success in the market.
Contenders Contenders are companies that have a solid foundation for growth and long-term success but have not attained a superior position in the market. Generally, they are well positioned to become Leaders but have not yet fully executed their product launches, need to differentiate themselves( through a tailored service offering, technology platform, or cost breakthroughs), are seeing weaker-than-expected demand, or have limited market penetration.
Challengers Challengers, although fundamentally sound, face significant challenges stemming from a lack of strategic vision or investments, or face risks to successful execution. Challengers may also be early in their arc of electrolyzer technology launch, resulting in execution scores that are
Chart 1. The Guidehouse Insights Leaderboard grid
Source: Guidehouse Insights( 2024)
Hydrogen Tech World | Issue 21 | April 2025 37