Alkaline Water Electrolysis Market Size, Share & Trends Analysis Report By Type (< 10 m3/h, < 30 m3/h, < 50 m3/h, < 80 m3/h, >= 80 m3/h), By Application, By Region, And Segment Forecasts, 2024 - 2030
Alkaline Water Electrolysis Market Size & Trends
The global alkaline water electrolysis market size was estimated at USD 140.45 million in 2023 and expected to grow at a CAGR of 19.6% from 2024 to 2030. The market is primarily driven by the increasing demand for clean and sustainable energy solutions, particularly the production of green hydrogen. As global efforts intensify to reduce carbon emissions and combat climate change, hydrogen is gaining prominence as a clean fuel alternative across various sectors, including transportation, power generation, and industrial processes.
The rising need for decarbonization solutions in industries, coupled with the growing recognition of hydrogen's versatility as an energy carrier, positions alkaline water electrolysis as a crucial technology in the quest for sustainable energy systems, thus driving significant market expansion in the coming years.
Global Alkaline Water Electrolysis Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented alkaline water electrolysis market report based on type, application, and region:
Type Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)
< 10 m3/h
< 30 m3/h
< 50 m3/h
< 80 m3/h
≥ 80 m3/h
Application Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)
Power Plants
Steel Plants
Electronics and PV
Industrial Gases
Others
Regional Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
Spain
France
Russia
Asia Pacific
China
India
Japan
Australia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
UAE
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