The global water electrolysis market size was USD 400.2 Million in 2021 and is expected to register a revenue CAGR of 35.3% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for hydrogen fuel cells and increasing popularity of green fertilizers due to surge in demand for sustainable farming practices are major factors driving market revenue growth. In addition, increase in greenhouse emissions has led to rise in global warming, which is further expected to drive revenue growth of the market.
The report sheds light on details about every market player in the global Water Electrolysis Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Water Electrolysis market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Thyssenkrupp Nucera, Linde plc, Air Products and Chemical Inc., Siemens AG, ProtonOnsite, Teledyne Technologies Inc., Plug Power Inc., Cummins Inc., Erre Due SpA, and Peak Scientific Instruments
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Emergen Research has segmented the global Water Electrolysis market on the basis of type, application, end-use, and region:
-
Product Outlook (Revenue, USD Million, 2019–2030)
- Alkaline Electrolyzer
- Proton Exchange Membrane (PEM) Electrolyzer
- Solid Oxide Electrolyzer Cell (SOEC)
- Anion Exchange Membrane (AEM) Electrolyzers
-
Application Outlook (Revenue, USD Million, 2019–2030)
- Refining Industry
- Power and Energy Storage
- Ammonia Production
- Methanol Production
- Transportation Industry
-
Regional Outlook (Revenue, USD Million, 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest of Middle East & Africa
- North America
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Water Electrolysis Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Water Electrolysis Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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