Global Water Electrolysis Supply, Demand and Key Producers, 2023-2029
The global Water Electrolysis market size is expected to reach $ 3621.4 million by 2029, rising at a market growth of 34.9% CAGR during the forecast period (2023-2029).
Global key players of water electrolysis include 718th Research Institute of CSIC and Proton On-Site. The top two players hold a share about 26%. The global origin is mainly located in North America, Europe, China, Japan and Korea. In terms of product, traditional alkaline electroliser is the largest segment, with a share about 70%. And in terms of application, the largest application is energy storage or fueling for FCEV's, with a share about 26%.
Electrolysis is a promising option for hydrogen production from renewable resources. Electrolysis is the process of using electricity to split water into hydrogen and oxygen. This reaction takes place in a unit called electrolyze. Electrolyzes can range in size from small, appliance-size equipment that is well-suited for small-scale distributed hydrogen production to large-scale, central production facilities that could be tied directly to renewable or other non-greenhouse-gas-emitting forms of electricity production.
This report studies the global Water Electrolysis production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Water Electrolysis, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Water Electrolysis that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Water Electrolysis total production and demand, 2018-2029, (Units)
Global Water Electrolysis total production value, 2018-2029, (USD Million)
Global Water Electrolysis production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)
Global Water Electrolysis consumption by region & country, CAGR, 2018-2029 & (Units)
U.S. VS China: Water Electrolysis domestic production, consumption, key domestic manufacturers and share
Global Water Electrolysis production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)
Global Water Electrolysis production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)
Global Water Electrolysis production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units)
This reports profiles key players in the global Water Electrolysis market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 718th Research Institute of CSIC, Suzhou Jingli, Proton On-Site, Cummins, Siemens, Teledyne Energy Systems, EM Solution, McPhy and Nel Hydrogen, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Water Electrolysis market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Water Electrolysis Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Water Electrolysis Market, Segmentation by Type
Traditional Alkaline Electroliser
PEM Electroliser
Global Water Electrolysis Market, Segmentation by Application
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
Companies Profiled:
718th Research Institute of CSIC
Suzhou Jingli
Proton On-Site
Cummins
Siemens
Teledyne Energy Systems
EM Solution
McPhy
Nel Hydrogen
Toshiba
TianJin Mainland
Yangzhou Chungdean Hydrogen Equipment
Elogen
Erredue SpA
Kobelco Eco-Solutions
ITM Power
Idroenergy Spa
ShaanXi HuaQin
Beijing Zhongdian
Elchemtech
H2B2
Verde LLC
Key Questions Answered
1. How big is the global Water Electrolysis market?
2. What is the demand of the global Water Electrolysis market?
3. What is the year over year growth of the global Water Electrolysis market?
4. What is the production and production value of the global Water Electrolysis market?
5. Who are the key producers in the global Water Electrolysis market?
6. What are the growth factors driving the market demand?