Global Water Electrolysis Market Growth 2023-2029

Global Water Electrolysis Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Water Electrolysis Industry Forecast” looks at past sales and reviews total world Water Electrolysis sales in 2022, providing a comprehensive analysis by region and market sector of projected Water Electrolysis sales for 2023 through 2029. With Water Electrolysis sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Water Electrolysis industry.
This Insight Report provides a comprehensive analysis of the global Water Electrolysis landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Water Electrolysis portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Water Electrolysis market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Electrolysis and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Water Electrolysis.
The global Water Electrolysis market size is projected to grow from US$ 214.4 million in 2022 to US$ 737.3 million in 2029; it is expected to grow at a CAGR of 737.3 from 2023 to 2029.
The major players in global water electrolysis market include 718th Research Institute of CSIC, Proton On-Site, Hydrogenics, etc. The top 2 players occupy about 30% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 75% of the global market.
This report presents a comprehensive overview, market shares, and growth opportunities of Water Electrolysis market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Traditional Alkaline Electroliser
PEM Electroliser
Segmentation by application
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
718th Research Institute of CSIC
Proton On-Site
Hydrogenics
Teledyne Energy Systems
Suzhou Jingli
McPhy
TianJin Mainland
Siemens
Nel Hydrogen
Toshiba
Yangzhou Chungdean Hydrogen Equipment
Areva H2gen
ITM Power
Idroenergy Spa
Erredue SpA
Kobelco Eco-Solutions
ShaanXi HuaQin
EM Solution
Beijing Zhongdian
H2B2
Elchemtech
Asahi Kasei
Verde LLC
Thyssenkrupp
Cummins
Elogen
Key Questions Addressed in this Report
What is the 10-year outlook for the global Water Electrolysis market?
What factors are driving Water Electrolysis market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Water Electrolysis market opportunities vary by end market size?
How does Water Electrolysis break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.