Global Water Electrolytic Cell Market Growth 2023-2029

Global Water Electrolytic Cell 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 Electrolytic Cell Industry Forecast” looks at past sales and reviews total world Water Electrolytic Cell sales in 2022, providing a comprehensive analysis by region and market sector of projected Water Electrolytic Cell sales for 2023 through 2029. With Water Electrolytic Cell sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Water Electrolytic Cell industry.
This Insight Report provides a comprehensive analysis of the global Water Electrolytic Cell 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 Electrolytic Cell portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Water Electrolytic Cell market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Electrolytic Cell 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 Electrolytic Cell.
The global Water Electrolytic Cell market size is projected to grow from US$ 204.6 million in 2022 to US$ 1030.8 million in 2029; it is expected to grow at a CAGR of 1030.8 from 2023 to 2029.
Global core water electrolytic cell manufactures include Suzhou Jingli, 718th Research Institute of CSIC, Proton On-Site etc. The top 2 companies hold a share about 38%. Asia-Pacific is the largest market, with a share about 58%, followed by Europe and North America with the share about 26% and 10%. In terms of product, traditional alkaline electroliser is the largest segment, with a share over 71%. And in terms of application, the largest application is energy storage or fueling for FCEV's, followed by power to gas and industrial gases.
This report presents a comprehensive overview, market shares, and growth opportunities of Water Electrolytic Cell 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
Steel
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
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 Addressed in this Report
What is the 10-year outlook for the global Water Electrolytic Cell market?
What factors are driving Water Electrolytic Cell market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Water Electrolytic Cell market opportunities vary by end market size?
How does Water Electrolytic Cell 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.