Global Water Electrolysis Hydrogen Generation Systems Market Growth 2023-2029
Hydrogen production by water electrolysis is the dissociation of water molecules under the action of direct current to produce oxygen and hydrogen, which are precipitated from the anode and cathode of the electrolyzer, respectively. Depending on the electrolyzer diaphragm material, water electrolysis for hydrogen production is usually classified into alkaline water electrolysis (AE), proton exchange membrane (PEM) water electrolysis and high temperature solid oxide water electrolysis (SOEC), and SOEC is currently under development.
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LPI (LP Information)' newest research report, the “Water Electrolysis Hydrogen Generation Systems Industry Forecast” looks at past sales and reviews total world Water Electrolysis Hydrogen Generation Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Water Electrolysis Hydrogen Generation Systems sales for 2023 through 2029. With Water Electrolysis Hydrogen Generation Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Water Electrolysis Hydrogen Generation Systems industry.
This Insight Report provides a comprehensive analysis of the global Water Electrolysis Hydrogen Generation Systems 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 Hydrogen Generation Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Water Electrolysis Hydrogen Generation Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Electrolysis Hydrogen Generation Systems 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 Hydrogen Generation Systems.
The global Water Electrolysis Hydrogen Generation Systems market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Water Electrolysis Hydrogen Generation Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Water Electrolysis Hydrogen Generation Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Water Electrolysis Hydrogen Generation Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Water Electrolysis Hydrogen Generation Systems players cover Teledyne Technologies Incorporated, HyGear, Hitachi Zosen Corporation, Proton Energy Systems, Element 1 Corp, Simens, ITM Power, Nel Hydrogen and 718th Research Institute of CSIC (PERIC), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Water Electrolysis Hydrogen Generation Systems market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Alkaline Water Electrolysis Hydrogen Generation Systems
PEM Water Electrolysis Hydrogen Generation Systems
Segmentation by application
Thermal Power Generation
Steel Industry
Chemical Industry
Metallurgy
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.
Teledyne Technologies Incorporated
HyGear
Hitachi Zosen Corporation
Proton Energy Systems
Element 1 Corp
Simens
ITM Power
Nel Hydrogen
718th Research Institute of CSIC (PERIC)
Beijing SinoHy Energy
Shenzhen Kylin Tech
Suzhou Jingli
Tianjin Mailand Hydrogen Equipment
Wenzhou COCH
Shandong Saikesaisi Hydrogen Energy
Beijing Perric Hydrogen
Toshiba
Areva H2gen
Idroenergy Spa
Erredue SpA
Key Questions Addressed in this Report
What is the 10-year outlook for the global Water Electrolysis Hydrogen Generation Systems market?
What factors are driving Water Electrolysis Hydrogen Generation Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Water Electrolysis Hydrogen Generation Systems market opportunities vary by end market size?
How does Water Electrolysis Hydrogen Generation Systems 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.
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