Water Electrolysis Market by Product (Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolyte (SOE)), End User (Chemicals, Electronics & Semiconductor, Petroleum) - Global Forecast 2024-2030

Water Electrolysis Market by Product (Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolyte (SOE)), End User (Chemicals, Electronics & Semiconductor, Petroleum) - Global Forecast 2024-2030


The Water Electrolysis Market size was estimated at USD 2.81 billion in 2023 and expected to reach USD 3.16 billion in 2024, at a CAGR 13.47% to reach USD 6.81 billion by 2030.

Global Water Electrolysis Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Water Electrolysis Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Water Electrolysis Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Water Electrolysis Market, highlighting leading vendors and their innovative profiles. These include Air Products and Chemicals, Inc., AREVA H2Gen, Asahi Kasei Corporation, Enagic Co., Ltd., Enapter S.r.l., Hitachi Zosen Corporation, Hydrogenics Corporation by Cummins Inc., HyGear B.V, ITM Power PLC, John Cockerill S.A., L’AIR LIQUIDE S.A., Nel ASA, Ohmium International, Inc., PEAK Scientific Instruments Ltd., Siemens Energy Global GmbH & Co. KG, Sono-Tek Corporation, Teledyne Energy Systems, Inc., Thyssenkrupp Uhde Chlorine Engineers GmbH, and Toshiba Energy Systems & Solutions Corporation.

Market Segmentation & Coverage

This research report categorizes the Water Electrolysis Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Alkaline Water Electrolysis
Proton Exchange Membrane
Solid Oxide Electrolyte (SOE)
End User
Chemicals
Electronics & Semiconductor
Petroleum
Pharmaceuticals
Power Plants
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Water Electrolysis Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Water Electrolysis Market?
3. What are the technology trends and regulatory frameworks in the Water Electrolysis Market?
4. What is the market share of the leading vendors in the Water Electrolysis Market?
5. Which modes and strategic moves are suitable for entering the Water Electrolysis Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Water Electrolysis Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Inclination toward hydrogen based economy
5.1.1.2. Government initiatives for clean energy technologies
5.1.1.3. Applications in industrial and transport sector
5.1.2. Restraints
5.1.2.1. High cost of water electrolysis systems
5.1.3. Opportunities
5.1.3.1. Technological advancements in water electrolysis systems
5.1.3.2. Significant investments to support product development
5.1.4. Challenges
5.1.4.1. Technical issues associated with water electrolysis systems
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Water Electrolysis Market, by Product
6.1. Introduction
6.2. Alkaline Water Electrolysis
6.3. Proton Exchange Membrane
6.4. Solid Oxide Electrolyte (SOE)
7. Water Electrolysis Market, by End User
7.1. Introduction
7.2. Chemicals
7.3. Electronics & Semiconductor
7.4. Petroleum
7.5. Pharmaceuticals
7.6. Power Plants
8. Americas Water Electrolysis Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Water Electrolysis Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Water Electrolysis Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Air Products and Chemicals, Inc.
12.1.2. AREVA H2Gen
12.1.3. Asahi Kasei Corporation
12.1.4. Enagic Co., Ltd.
12.1.5. Enapter S.r.l.
12.1.6. Hitachi Zosen Corporation
12.1.7. Hydrogenics Corporation by Cummins Inc.
12.1.8. HyGear B.V
12.1.9. ITM Power PLC
12.1.10. John Cockerill S.A.
12.1.11. L’AIR LIQUIDE S.A.
12.1.12. Nel ASA
12.1.13. Ohmium International, Inc.
12.1.14. PEAK Scientific Instruments Ltd.
12.1.15. Siemens Energy Global GmbH & Co. KG
12.1.16. Sono-Tek Corporation
12.1.17. Teledyne Energy Systems, Inc.
12.1.18. Thyssenkrupp Uhde Chlorine Engineers GmbH
12.1.19. Toshiba Energy Systems & Solutions Corporation
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. WATER ELECTROLYSIS MARKET RESEARCH PROCESS
FIGURE 2. WATER ELECTROLYSIS MARKET SIZE, 2023 VS 2030
FIGURE 3. WATER ELECTROLYSIS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. WATER ELECTROLYSIS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. WATER ELECTROLYSIS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. WATER ELECTROLYSIS MARKET DYNAMICS
FIGURE 7. WATER ELECTROLYSIS MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. WATER ELECTROLYSIS MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. WATER ELECTROLYSIS MARKET SIZE, BY END USER, 2023 VS 2030 (%)
FIGURE 10. WATER ELECTROLYSIS MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS WATER ELECTROLYSIS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS WATER ELECTROLYSIS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES WATER ELECTROLYSIS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES WATER ELECTROLYSIS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC WATER ELECTROLYSIS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC WATER ELECTROLYSIS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA WATER ELECTROLYSIS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA WATER ELECTROLYSIS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. WATER ELECTROLYSIS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. WATER ELECTROLYSIS MARKET SHARE, BY KEY PLAYER, 2023

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