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Water Electrolysis Machine Market

Market Insights on Water Electrolysis Machine covering sales outlook, demand forecast & up-to-date key trends

Water Electrolysis Machine Market By Type (Proton Exchange Membranes, Alkaline Water Electrolysis), Input Power (Below 5 MW, 5-10 MW, Above 10 MW), Hydrogen Production (Below 500 L/Hr, 500 - 2,000 L/Hr, Above 2,000 L/Hr) & Region - Forecast 2022 - 2030

Water Electrolysis Machine Market Outlook (2022-2030)

[270 Pages Report] Worldwide water electrolysis machine sales were valued at around US$ 10.93 Bn at the end of 2021. The global water electrolysis machine market is projected to register 7.7% CAGR and top a valuation of US$ 21.26 Bn by 2030.

Water Electrolysis Machine Market Size (2022)

US$ 11.71 Bn

Sales Forecast (2030)

US$ 21.26 Bn

Global Market Growth Rate (2022 to 2030)

7.7% CAGR

Share of Top 5 Market Players

50%

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Water Electrolysis Machine Consumption Analysis From 2015 To 2021 Vs Future Market Outlook For 2022 To 2030

“Rising Innovations in Water Electrolysis Machines”

Demand for water electrolysis machines rose at a CAGR of 4.1% from 2015 to 2021.

Water electrolysis process has been gaining traction from the chemical, power, and petroleum sectors. Niche applications in the steel and pharmaceutical sectors will remain key to the water electrolysis machine market for the foreseeable future.

Water Electrolysis Machine Market Download Report Brochure

Innovations in water electrolysis machines enable not only on-grid but also off-grid configurations. While the shortage of grid infrastructure remains a challenge, hydrogen from renewable energy sources can be produced around the world at minimal cost for use in the telecom, fuel cell, and fertilizer production sectors.

Water electrolysis machines are rapidly becoming commonplace, with hydrogen production gaining importance for applications in multiple sectors. Technological improvements to improve water electrolysis process are driving the market growth.

The market for water electrolysis machines is anticipated to surge ahead at a CAGR of 7.7% over the forecast period of 2022 to 2030.

What Are The Main Factors Bolstering Demand For Water Electrolysis Equipment?

“Growing Demand for Sustainable & Environment-friendly Technologies to Aid Market Growth”

  • Renewable Energy Applications Drive Market Growth

The potential of the renewable energy sector is largely lacking without adequate storage infrastructure. Hydrogen generation has played a key role as a solution to store renewable energy. Energy surplus from renewable energy sources is used to separate water into hydrogen and oxygen.

  • Waste Water Treatment Applications Driving Demand

In recent years, industrial development has become a key concern for the degradation of water quality. The oil industry is one of the largest sources of pollutants. Consequently, restrictive laws on environmental protection have been implemented.

Studies conducted by the EPA have designated electrolysis of water as a viable method of treating hazardous waste materials, with the techniques of electrocoagulation gaining prominence. Research into the optimization of deconstructing oil-in-water emulsions in terms of metal pollutants and soluble solids will positively impact demand in long term.

  • PEM Options Gaining Traction

Facile recycling processes for catalyst coated membranes are gaining traction in polymer electrolyte membrane (PEM) water electrolysis machines. Ultrasonication processes allow for the recovery of higher yields of hydrogen and oxygen, without the emission of hazardous gases.

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What Challenges Do Water Electrolysis Machine Suppliers Face?

“High Investment & High Maintenance Cost of Water Electrolyzer Machines”

High requirement of capital to operate in the industrial water electrolyzer machines industry can hamper growth. Prominent cleaning methods to produce hydrogen includes water electrolysis, but the process is cost-prohibitive. High electricity consumption in the process is hindering market developments.

Why Is East Asia Becoming An Attractive Market For Water Electrolysis Machine Manufactures?

“Growing Demand for Hydrogen Produced through Water Electrolysis Equipment across Electric Automotive Sector

East Asia is expected to account 25% share of the water electrolysis machine market in 2022. Hydrogen technologies will remain key, with niche, fast-growing applications in the electric automotive industry. Led by Japan, demand for water electrolysis equipment in East Asia is likely to remain steady during the assessment period.

Green hydrogen produced from water electrolysis is an increasingly popular source of renewable energy in the region. With climate change prevention goals, efforts towards the decarbonization of energy supplies will gain traction.

For example, the government of Japan has entered into an agreement with Australia to collaborate on fuel and hydrogen cells. This is likely to create long-term opportunities for market players.

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Country-Wise Analysis

Why is Demand for Water Electrolysis Machines Constantly Increasing in the U.S.?

“Increasing Investments toward Development of Eco-Friendly Water Electrolysis Machines”

The U.S. market is expected to reflect strong growth for the duration of the assessment period owing to investments into the transition from carbonized energy sources to eco-friendly water electrolysis machines in the country.

Strict government regulations on the use of fossil fuels and the recent introduction of gas-based fuel cell automobiles will propel the market over the forecast period.

Also, government initiatives in the United States towards the desulphurization of fossil fuels will have a positive impact on developments of the water electrolysis machine market.

How is China Contributing to the Growth of the Global Water Electrolysis Machine Industry?

“Rising Demand for Green Hydrogen in China”

Pledges towards cutting emissions, and resultant regulation and policy changes have resulted in the promotion and use of green hydrogen as a viable source of energy in China.

Market growth in China can be ascribed to the considerable industrial expansion, which has resulted in a demand for green hydrogen. In addition, the market expansion is predicted to be fueled by low costs of manufacturing to produce water electrolysis machines.

Category-Wise Insights

Which Water Electrolysis Machine Type is Expected to Witness High Demand?

“High Demand for Alkaline Water Electrolysis Attributed to Cost Benefits”

Water electrolysis machines can be categorized in terms of type into 2 key types – proton exchange membranes and alkaline water electrolysis. Of these options, alkaline water electrolysis processes, with salt water electrolysis machine is in higher demand, with major demand arising from the petroleum and power sectors.

Alkaline water electrolysis reflects greater opportunities in the higher efficacy of electrolysis processes, which will drive growth in the water electrolysis machine market for the long term.

Which End Use Sector Will Create Significant Opportunities for Water Electrolysis Machine Providers?

Growth of Chemicals Industry Driven by Extensive Use of Hydrogen in Specialty Chemicals Production

The chemicals industry remains the leading end user of water electrolysis machines. The growing use of water electrolysis machines in the chemicals industry can be attributed to the high need for hydrogen in ammonia fertilizer manufacturing, iron ore reduction, and methanol manufacturing, as well as a fuel additive and fuel cell research.

Transitions toward sustainable and green technology increased regulatory emphasis on environmental protection, and expanding government support, are all expected to drive the demand for water electrolysis machines in the chemical industry.

COVID-19 Impact On Sales Of Water Electrolysis Machines

The coronavirus pandemic hampered short-term demand in several end-use sectors that utilize water electrolysis devices. Government-imposed restrictions and lockdowns harmed supply networks for critical raw materials and components.

On the other hand, growing public and private investments in renewables and hydrogen generation are expected to drive market growth over the coming years. Emphasis on research and product development is anticipated to assist market participants in leveraging growth prospects.

Competitive Landscape

Major manufacturers of water electrolysis machines have been found largely focusing their efforts and resources on strategic acquisitions and collaborations. Strategic partnerships and ongoing R&D will drive demand growth of water electrolysis machines. Also, investments towards product development to widen the scope of application are likely to gain traction over the coming years.

For instance,

  • Siemens Gamesa initiated the development of a new wind turbine to water electrolysis machine pilot project in Western Denmark. As a first-of-its-kind, the operation of electrolysis rigs without being connected to electricity grids will expand potential applications for onshore and offshore wind energy infrastructure. The project comprises a 3MW turbine to power a 400 kW electrolyzer.
  • Thyssenkrupp Uhde Chlorine Engineers announced a partnership with Air Products and Chemicals Inc. to collaborate exclusively with each other in key regional markets, with complementary technology offerings. The project will aim to develop green hydrogen production projects for power generation, sustainable transport, and chemical industry applications.

Water Electrolysis Machine Industry Report Scope

Attribute

Details

Forecast Period

2022-2030

Historical Data Available for

2015-2021

Market Analysis

Value in US$ Mn, Volume in Units

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)

Key Countries Covered

  • U.S.
  • Canada
  • Mexico
  • Brazil
  • Mexico
  • Argentina
  • Germany
  • Italy
  • France
  • U.K
  • Nordic
  • Spain
  • Japan
  • China
  • India
  • Malaysia
  • Thailand
  • Australia
  • GCC Countries
  • South Africa
  • Turkey

Key Market Segments Covered

  • Type
  • Input Power
  • Hydrogen Production
  • End Use
  • Region

Key Companies Profiled

Pricing

Available upon Request

Water Electrolysis Machine Industry Survey

Water Electrolysis Machine Market by Type:

  • Proton Exchange Membranes
  • Alkaline Water Electrolysis
  • Others

Water Electrolysis Machine Market by Input Power:

  • Below 5 MW Water Electrolysis Machines
  • 5-10 MW Water Electrolysis Machines
  • Above 10 MW Water Electrolysis Machines

Water Electrolysis Machine Market by Hydrogen Production:

  • Below 500 L/Hr Water Electrolysis Machines
  • 500 – 2000 L/Hr Water Electrolysis Machines
  • Above 2000 L/Hr Water Electrolysis Machines

Water Electrolysis Machine Market by End Use:

  • Chemicals
  • Petroleum
  • Pharmaceuticals
  • Power Plants
  • Electronics & Semiconductors
  • Steel Plants
  • Others

Water Electrolysis Machine Market by Region:

  • North America Water Electrolysis Machine Market
  • Latin America Water Electrolysis Machine Market
  • Europe Water Electrolysis Machine Market
  • East Asia Water Electrolysis Machine Market
  • South Asia & Pacific Water Electrolysis Machine Market
  • Middle East & Africa (MEA) Water Electrolysis Machine Market

Frequently Asked Questions

The global water electrolysis machine market size is expected to reach US$ 11.71 Bn in 2022.

Siemens Gamesa, Thyssenkrupp Uhde Chlorine Engineers, Nel ASA, Asahi Kasei Corporation, and Enagic International Inc. are the top companies in the market.

Water electrolysis machines are largely used for hydrogen synthesis and applications of specialty chemicals production.

East Asia accounts for 25% share of the global water electrolysis machine market.

Demand for water electrolysis machines is estimated to exhibit a CAGR of 7.7% during the forecast period (2022-2030).

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition

3. Key Market Trends

4. Key Success Factors

5. Global Water Electrolysis Machine  Market Demand Analysis 2015–2021 and Forecast, 2022–2030

    5.1. Historical Market Volume (Mn Units) Analysis, 2015–2021

    5.2. Current and Future Market Volume (Units) Projections, 2022–2030

    5.3. Y-o-Y Growth Trend Analysis

6. Global Water Electrolysis Machine  Market - Pricing Analysis

    6.1. Pricing Break-up

    6.2. Global Average Pricing Analysis Benchmark

7. Global Water Electrolysis Machine  Market Demand (in Value or Size in US$ Mn) Analysis 2015–2021 and Forecast, 2022–2030

    7.1. Historical Market Value (US$ Mn) Analysis, 2015–2021

    7.2. Current and Future Market Value (US$ Mn) Projections, 2022–2030

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global Economic Outlook

        8.1.2. Global GDP Growth Outlook

        8.1.3. Industry Value Added By Key Countries

        8.1.4. Manufacturing Value Added By Key Countries

    8.2. Forecast Factors - Relevance & Impact

    8.3. Key Challenges and Possible Enabling Measures For Power-to-Hydrogen 

    8.4. Value Chain Analysis

    8.5. Buyer’s Decision Analysis

    8.6. Porter’s 5 Forces Analysis

    8.7. Market Dynamics

        8.7.1. Drivers

        8.7.2. Restraints

        8.7.3. Opportunity Analysis

    8.8. COVID-19 Crisis – Impact Assessment

        8.8.1. Impact on Current Statistics

        8.8.2. Short-Mid-Long Term Impact Assessment

        8.8.3. Likely Recovery

9. Global Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030, By Type

    9.1. Introduction / Key Findings

    9.2. Historical Market Size and Volume Analysis By Type, 2015–2021

    9.3. Current and Future Market Size and Volume Analysis and Forecast By Type, 2022–2030

        9.3.1. Proton Exchange Membrane (PEM)

        9.3.2. Alkaline Water Electrolysis

        9.3.3. Others 

    9.4. Market Attractiveness Analysis By Type

10. Global Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030, By Input Power 

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume Analysis By Input Power, 2015–2021

    10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Input Power, 2022–2030

        10.3.1. Below 5 MW

        10.3.2. 5-10 MW

        10.3.3. Above 10 MW 

    10.4. Market Attractiveness Analysis By Input Power 

11. Global Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030, By Hydrogen Production

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) and Volume Analysis By Hydrogen Production, 2015–2021

    11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Hydrogen Production, 2022–2030

        11.3.1. Below 500 L/Hr

        11.3.2. 500-2000 L/Hr

        11.3.3. Above 2000 L/Hr 

    11.4. Market Attractiveness Analysis By Hydrogen Production

12. Global Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030, By End Use

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2015–2021

    12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2022–2030

        12.3.1. Chemical

        12.3.2. Petroleum

        12.3.3. Pharmaceuticals

        12.3.4. Power Plants

        12.3.5. Electronics & Semiconductors

        12.3.6. Steel Plants

        12.3.7. Others 

    12.4. Market Attractiveness Analysis By End Use

13. Global Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030, by Region

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2015–2021

    13.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2022–2030

        13.3.1. North America

        13.3.2. Latin America

        13.3.3. Europe

        13.3.4. South Asia & Pacific

        13.3.5. East Asia

        13.3.6. Middle East and Africa (MEA)

    13.4. Market Attractiveness Analysis By Region

14. North America Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015–2021

    14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2030

        14.4.1.  By Country

            14.4.1.1. U.S.

            14.4.1.2. Canada

        14.4.2. By Type 

        14.4.3. By Input Power

        14.4.4. By Hydrogen Production

        14.4.5. By End Use

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Type 

        14.5.3. By Input Power

        14.5.4. By Hydrogen Production

        14.5.5. By End Use

15. Latin America Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015–2021

    15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2030

        15.4.1.  By Country

            15.4.1.1. Brazil

            15.4.1.2. Mexico

            15.4.1.3. Rest of Latin America

        15.4.2. By Type 

        15.4.3. By Input Power

        15.4.4. By Hydrogen Production

        15.4.5. By End Use

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Type 

        15.5.3. By Input Power

        15.5.4. By Hydrogen Production

        15.5.5. By End Use

16. Europe Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015–2021

    16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2030

        16.4.1.  By Country

            16.4.1.1. Germany

            16.4.1.2. Italy

            16.4.1.3. France

            16.4.1.4. U.K.

            16.4.1.5. Spain

            16.4.1.6. Russia

            16.4.1.7. Rest of Europe

        16.4.2. By Type 

        16.4.3. By Input Power

        16.4.4. By Hydrogen Production

        16.4.5. By End Use

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Type 

        16.5.3. By Input Power

        16.5.4. By Hydrogen Production

        16.5.5. By End Use

17. South Asia & Pacific Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015–2021

    17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2030

        17.4.1.  By Country

            17.4.1.1. India

            17.4.1.2. ASEAN

            17.4.1.3. Oceania

            17.4.1.4. Rest of South Asia & Pacific

        17.4.2. By Type 

        17.4.3. By Input Power

        17.4.4. By Hydrogen Production

        17.4.5. By End Use

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Type 

        17.5.3. By Input Power

        17.5.4. By Hydrogen Production

        17.5.5. By End Use

18. East Asia Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015–2021

    18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2030

        18.4.1.  By Country

            18.4.1.1. China

            18.4.1.2. Japan

            18.4.1.3. South Korea

        18.4.2. By Type 

        18.4.3. By Input Power

        18.4.4. By Hydrogen Production

        18.4.5. By End Use

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Input Power

        18.5.3. By Hydrogen Production

        18.5.4. By End Use

19. Middle East and Africa Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015–2021

    19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2030

        19.4.1.  By Country

            19.4.1.1. GCC Countries

            19.4.1.2. Turkey

            19.4.1.3. Northern Africa

            19.4.1.4. South Africa

            19.4.1.5. Rest of Middle East and Africa

        19.4.2. By Type 

        19.4.3. By Input Power

        19.4.4. By Hydrogen Production

        19.4.5. By End Use

    19.5. Market Attractiveness Analysis

        19.5.1. By Country

        19.5.2. By Type 

        19.5.3. By Input Power

        19.5.4. By Hydrogen Production

        19.5.5. By End Use

20. Key and Emerging Countries Water Electrolysis Machine  Market Analysis 2015–2021 and Forecast 2022–2030

    20.1. U.S.  Market Analysis

        20.1.1. By Type

        20.1.2. By Input Power

        20.1.3. By End Use

        20.1.4. By Hydrogen Production

    20.2. Canada  Market Analysis

        20.2.1. By Type

        20.2.2. By Input Power

        20.2.3. By End Use

        20.2.4. By Hydrogen Production

    20.3. Mexico  Market Analysis

        20.3.1. By Type

        20.3.2. By Input Power

        20.3.3. By End Use

        20.3.4. By Hydrogen Production

    20.4. Brazil  Market Analysis

        20.4.1. By Type

        20.4.2. By Input Power

        20.4.3. By End Use

        20.4.4. By Hydrogen Production

    20.5. Germany  Market Analysis

        20.5.1. By Type

        20.5.2. By Input Power

        20.5.3. By End Use

        20.5.4. By Hydrogen Production

    20.6. Italy  Market Analysis

        20.6.1. By Type

        20.6.2. By Input Power

        20.6.3. By End Use

        20.6.4. By Hydrogen Production

    20.7. France  Market Analysis

        20.7.1. By Type

        20.7.2. By Input Power

        20.7.3. By End Use

        20.7.4. By Hydrogen Production

    20.8. U.K.  Market Analysis

        20.8.1. By Type

        20.8.2. By Input Power

        20.8.3. By End Use

        20.8.4. By Hydrogen Production

    20.9. Spain  Market Analysis

        20.9.1. By Type

        20.9.2. By Input Power

        20.9.3. By End Use

        20.9.4. By Hydrogen Production

    20.10. Russia  Market Analysis

        20.10.1. By Type

        20.10.2. By Input Power

        20.10.3. By End Use

        20.10.4. By Hydrogen Production

    20.11. China  Market Analysis

        20.11.1. By Type

        20.11.2. By Input Power

        20.11.3. By End Use

        20.11.4. By Hydrogen Production

    20.12. Japan  Market Analysis

        20.12.1. By Type

        20.12.2. By Input Power

        20.12.3. By End Use

        20.12.4. By Hydrogen Production

    20.13. S. Korea  Market Analysis

        20.13.1. By Type

        20.13.2. By Input Power

        20.13.3. By End Use

        20.13.4. By Hydrogen Production

    20.14. India  Market Analysis

        20.14.1. By Type

        20.14.2. By Input Power

        20.14.3. By End Use

        20.14.4. By Hydrogen Production

    20.15. ASEAN  Market Analysis

        20.15.1. By Type

        20.15.2. By Input Power

        20.15.3. By End Use

        20.15.4. By Hydrogen Production

    20.16. Oceania  Market Analysis

        20.16.1. By Type

        20.16.2. By Input Power

        20.16.3. By End Use

        20.16.4. By Hydrogen Production

    20.17. GCC Countries  Market Analysis

        20.17.1. By Type

        20.17.2. By Input Power

        20.17.3. By End Use

        20.17.4. By Hydrogen Production

    20.18. Turkey  Market Analysis

        20.18.1. By Type

        20.18.2. By Input Power

        20.18.3. By End Use

        20.18.4. By Hydrogen Production

    20.19. Northern Africa  Market Analysis

        20.19.1. By Type

        20.19.2. By Input Power

        20.19.3. By End Use

        20.19.4. By Hydrogen Production

    20.20. South Africa  Market Analysis

        20.20.1. By Type

        20.20.2. By Input Power

        20.20.3. By End Use

        20.20.4. By Hydrogen Production

21. Market Structure Analysis

    21.1. Key Players – Market Positioning 

    21.2. Market Analysis by Tier of Companies (Water Electrolysis Machine )

    21.3. Market Share Analysis of Top Players

22. Competition Analysis

    22.1. Competition Dashboard

    22.2. Competition Deep Dive 

        22.2.1. Air Products and Chemicals, Inc

            22.2.1.1. Overview

            22.2.1.2. Product Portfolio

            22.2.1.3. Strategy Overview

        22.2.2. Nel ASA (ProtonOnsite) 

            22.2.2.1. Overview

            22.2.2.2. Product Portfolio

            22.2.2.3. Strategy Overview

        22.2.3. AREVA H2Gen

            22.2.3.1. Overview

            22.2.3.2. Product Portfolio

            22.2.3.3. Strategy Overview

        22.2.4. Asahi Kasei Corporation

            22.2.4.1. Overview

            22.2.4.2. Product Portfolio

            22.2.4.3. Strategy Overview

        22.2.5. C&E Environmental Technology Co., Ltd

            22.2.5.1. Overview

            22.2.5.2. Product Portfolio

            22.2.5.3. Strategy Overview

        22.2.6. Enagic International, Inc.

            22.2.6.1. Overview

            22.2.6.2. Product Portfolio

            22.2.6.3. Strategy Overview

        22.2.7. Eneco Holdings, Inc.

            22.2.7.1. Overview

            22.2.7.2. Product Portfolio

            22.2.7.3. Strategy Overview

        22.2.8. ErreDue s.p.a.  

            22.2.8.1. Overview

            22.2.8.2. Product Portfolio

            22.2.8.3. Strategy Overview

        22.2.9. Hitachi Zosen Corporation

            22.2.9.1. Overview

            22.2.9.2. Product Portfolio

            22.2.9.3. Strategy Overview

        22.2.10. Hydrogenics Corporation

            22.2.10.1. Overview

            22.2.10.2. Product Portfolio

            22.2.10.3. Strategy Overview

        22.2.11. ITM Power Plc

            22.2.11.1. Overview

            22.2.11.2. Product Portfolio

            22.2.11.3. Strategy Overview

        22.2.12. Peak Scientific

            22.2.12.1. Overview

            22.2.12.2. Product Portfolio

            22.2.12.3. Strategy Overview

        22.2.13. Siemens AG

            22.2.13.1. Overview

            22.2.13.2. Product Portfolio

            22.2.13.3. Strategy Overview

        22.2.14. Kobelco Eco-Solutions Co., Ltd.

            22.2.14.1. Overview

            22.2.14.2. Product Portfolio

            22.2.14.3. Strategy Overview

        22.2.15. Teledyne Technologies Incorporated

            22.2.15.1. Overview

            22.2.15.2. Product Portfolio

            22.2.15.3. Strategy Overview

        22.2.16. Thyssenkrupp Uhde Chlorine Engineers GmbH

            22.2.16.1. Overview

            22.2.16.2. Product Portfolio

            22.2.16.3. Strategy Overview

        22.2.17. Toshiba Energy Systems & Solutions Corporation

            22.2.17.1. Overview

            22.2.17.2. Product Portfolio

            22.2.17.3. Strategy Overview

23. Assumptions and Acronyms Used

24. Research Methodology

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List of Tables

Table 01: Global Water Electrolysis Machine Market Volume (Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Type

Table 02: Global Water Electrolysis Machine Market Volume (Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Input Power

Table 03: Global Water Electrolysis Machine Market Volume (Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Hydrogen Production

Table 04: Global Water Electrolysis Machine Market Volume (Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 05: Global Water Electrolysis Machine Market Volume (Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Region

Table 06: Global Water Electrolysis Machine Market Volume (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Region

Table 07: North America Water Electrolysis Machine Market Volume (‘000 units) and Value (US$ Mn) Historical Data 2015–2021 and Forecast 2022–2030 By Country

Table 08: North America Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Type

Table 09: North America Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Input Power

Table 10: North America Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Hydrogen Production

Table 11: North America Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 12: Latin America Water Electrolysis Machine Market Volume (‘000 units) and Value (US$ Mn) Historical Data 2015–2021 and Forecast 2022–2030 By Country

Table 13: Latin America Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Type

Table 14: Latin America Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Input Power

Table 15: Latin America Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Hydrogen Production

Table 16: Latin America Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 17: Europe Water Electrolysis Machine Market Volume (‘000 units) and Value (US$ Mn) Historical Data 2015–2021 and Forecast 2022–2030 By Country

Table 18: Europe Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Type

Table 19: Europe Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Input Power

Table 20: Europe Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Hydrogen Production

Table 21: Europe Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 22: South Asia & Pacific Water Electrolysis Machine Market Volume (‘000 units) and Value (US$ Mn) Historical Data 2015–2021 and Forecast 2022–2030 By Country

Table 23: South Asia & Pacific Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Type

Table 24: South Asia & Pacific Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Input Power

Table 25: South Asia & Pacific Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Hydrogen Production

Table 26: South Asia & Pacific Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 27: East Asia Water Electrolysis Machine Market Volume (‘000 units) and Value (US$ Mn) Historical Data 2015–2021 and Forecast 2022–2030 By Country

Table 28: East Asia Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Type

Table 29: East Asia Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Input Power

Table 30: East Asia Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Hydrogen Production

Table 31: East Asia Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 32: Middle East & Africa Water Electrolysis Machine Market Volume (‘000 units) and Value (US$ Mn) Historical Data 2015–2021 and Forecast 2022–2030 By Country

Table 33: Middle East & Africa Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Type

Table 34: Middle East & Africa Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Input Power

Table 35: Middle East & Africa Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Hydrogen Production

Table 36: Middle East & Africa Water Electrolysis Machine Market Volume (Th. Units) & Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

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Principal Consultant
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List of Charts

Figure 01: Global Water Electrolysis Machine Market Volume (Units) and Y-o-Y Growth Rate From 2022-2030

Figure 02: Global Water Electrolysis Machine Market Value (US$ Mn) and Y-o-Y Growth Rate From 2022-2030

Figure 03: Global Water Electrolysis Machine Market Absolute $ opportunity Analysis, 2022-2030

Figure 04: Global Water Electrolysis Machine Market Share and BPS Analysis by Type- 2022 & 2030

Figure 05: Global Water Electrolysis Machine Market Y-o-Y Growth by Type, 2022-2030

Figure 06: Global Water Electrolysis Machine Market Attractiveness Analysis by Type, 2022-2030

Figure 07: Global Proton Exchange Membrane (PEM) Segment Market Absolute $ opportunity, 2022-2030

Figure 08: Global Alkaline Water Electrolysis Segment Market Absolute $ opportunity, 2022-2030

Figure 09: Global Others Segment Market Absolute $ opportunity, 2022-2030

Figure 10: Global Water Electrolysis Machine Market Share and BPS Analysis by Input Power- 2022 & 2030

Figure 11: Global Water Electrolysis Machine Market Y-o-Y Growth by Input Power, 2022-2030

Figure 12: Global Water Electrolysis Machine Market Attractiveness Analysis by Input Power, 2022-2030

Figure 13: Global Below 5 MW Segment Market Absolute $ opportunity, 2022-2030

Figure 14: Global 5-10 MW Segment Market Absolute $ opportunity, 2022-2030

Figure 15: Global Above 10 MW Segment Market Absolute $ opportunity, 2022-2030

Figure 16: Global Water Electrolysis Machine Market Share and BPS Analysis by Hydrogen Production- 2022 & 2030

Figure 17: Global Water Electrolysis Machine Market Y-o-Y Growth by Hydrogen Production, 2022-2030

Figure 18: Global Water Electrolysis Machine Market Attractiveness Analysis by Hydrogen Production, 2022-2030

Figure 19: Global Below 500 L/Hr Segment Market Absolute $ opportunity, 2022-2030

Figure 20: Global 500-2000 L/Hr Segment Market Absolute $ opportunity, 2022-2030

Figure 21: Global Above 2000 L/Hr Segment Market Absolute $ opportunity, 2022-2030

Figure 22: Global Water Electrolysis Machine Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 23: Global Water Electrolysis Machine Market Y-o-Y Growth by End Use, 2022-2030

Figure 24: Global Water Electrolysis Machine Market Attractiveness Analysis by End Use, 2022-2030

Figure 25: Global Chemical Segment Market Absolute $ opportunity, 2022-2030

Figure 26: Global Petroleum Segment Market Absolute $ opportunity, 2022-2030

Figure 27: Global Pharmaceutical Segment Market Absolute $ opportunity, 2022-2030

Figure 28: Global Power Plants Segment Market Absolute $ opportunity, 2022-2030

Figure 29: Global Electronics & Semiconductors Segment Market Absolute $ opportunity, 2022-2030

Figure 30: Global Steel Plants Segment Market Absolute $ opportunity, 2022-2030

Figure 31: Global Others Segment Market Absolute $ opportunity, 2022-2030

Figure 32: Global Water Electrolysis Machine Market Share and BPS Analysis by Region - 2022 & 2030

Figure 33: Global Water Electrolysis Machine Market Y-o-Y Growth by Region, 2022-2030

Figure 34: Global Water Electrolysis Machine Market Attractiveness Analysis by Region, 2022-2030

Figure 35: North America Market Absolute $ Opportunity, 2022-2030

Figure 36: Latin America Market Absolute $ Opportunity, 2022-2030

Figure 37: Europe Market Absolute $ opportunity, 2022-2030

Figure 38: South Asia & Pacific Market Absolute $ opportunity, 2022-2030

Figure 39: East Asia Market Absolute $ opportunity, 2022-2030

Figure 40: Middle East & Africa Market Absolute $ opportunity, 2022-2030

Figure 41: North America Water Electrolysis Machine Market Share and BPS Analysis by Country – 2022 & 2030

Figure 42: North America Water Electrolysis Machine Market Y-o-Y Growth Projections by Country, 2022-2030

Figure 43: North America Water Electrolysis Machine Market Attractiveness by Country, 2022-2030

Figure 44: North America Water Electrolysis Machine Market Incremental $ Opportunity by Country, 2022-2030

Figure 45: North America Water Electrolysis Machine Market Share and BPS Analysis by Type- 2022 & 2030

Figure 46: North America Water Electrolysis Machine Market Y-o-Y Growth by Type, 2022-2030

Figure 47: North America Water Electrolysis Machine Market Attractiveness Analysis by Type, 2022-2030

Figure 48: North America Water Electrolysis Machine Market Share and BPS Analysis by Input Power- 2022 & 2030

Figure 49: North America Water Electrolysis Machine Market Y-o-Y Growth by Input Power, 2022-2030

Figure 50: North America Water Electrolysis Machine Market Attractiveness Analysis by Input Power, 2022-2030

Figure 51: North America Water Electrolysis Machine Market Share and BPS Analysis by Hydrogen Production- 2022 & 2030

Figure 52: North America Water Electrolysis Machine Market Y-o-Y Growth by Hydrogen Production, 2022-2030

Figure 53: North America Water Electrolysis Machine Market Attractiveness Analysis by Hydrogen Production, 2022-2030

Figure 54: North America Water Electrolysis Machine Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 55: North America Water Electrolysis Machine Market Y-o-Y Growth by End Use, 2022-2030

Figure 56: North America Water Electrolysis Machine Market Attractiveness Analysis by End Use, 2022-2030

Figure 57: Latin America Water Electrolysis Machine Market Share and BPS Analysis by Country – 2022 & 2030

Figure 58: Latin America Water Electrolysis Machine Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 59: Latin America Water Electrolysis Machine Market Attractiveness by Country, 2022-2030

Figure 60: Latin America Water Electrolysis Machine Market Incremental $ Opportunity by Country, 2022-2030

Figure 61: Latin America Water Electrolysis Machine Market Share and BPS Analysis by Type- 2022 & 2030

Figure 62: Latin America Water Electrolysis Machine Market Y-o-Y Growth by Type, 2022-2030

Figure 63: Latin America Water Electrolysis Machine Market Attractiveness Analysis by Type, 2022-2030

Figure 64: Latin America Water Electrolysis Machine Market Share and BPS Analysis by Input Power- 2022 & 2030

Figure 65: Latin America Water Electrolysis Machine Market Y-o-Y Growth by Input Power, 2022-2030

Figure 66: Latin America Water Electrolysis Machine Market Attractiveness Analysis by Input Power, 2022-2030

Figure 67: Latin America Water Electrolysis Machine Market Share and BPS Analysis by Hydrogen Production- 2022 & 2030

Figure 68: Latin America Water Electrolysis Machine Market Y-o-Y Growth by Hydrogen Production, 2022-2030

Figure 69: Latin America Water Electrolysis Machine Market Attractiveness Analysis by Hydrogen Production, 2022-2030

Figure 70: Latin America Water Electrolysis Machine Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 71: Latin America Water Electrolysis Machine Market Y-o-Y Growth by End Use, 2022-2030

Figure 72: Latin America Water Electrolysis Machine Market Attractiveness Analysis by End Use, 2022-2030

Figure 73: Europe Water Electrolysis Machine Market Share and BPS Analysis by Country – 2022 & 2030

Figure 74: Europe Water Electrolysis Machine Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 75: Europe Water Electrolysis Machine Market Attractiveness by Country, 2022-2030

Figure 76: Europe Water Electrolysis Machine Market Incremental $ Opportunity by Country, 2022-2030

Figure 77: Europe Water Electrolysis Machine Market Share and BPS Analysis by Type- 2022 & 2030

Figure 78: Europe Water Electrolysis Machine Market Y-o-Y Growth by Type, 2022-2030

Figure 79: Europe Water Electrolysis Machine Market Attractiveness Analysis by Type, 2022-2030

Figure 80: Europe Water Electrolysis Machine Market Share and BPS Analysis by Input Power- 2022 & 2030

Figure 81: Europe Water Electrolysis Machine Market Y-o-Y Growth by Input Power, 2022-2030

Figure 82: Europe Water Electrolysis Machine Market Attractiveness Analysis by Input Power, 2022-2030

Figure 83: Europe Water Electrolysis Machine Market Share and BPS Analysis by Hydrogen Production- 2022 & 2030

Figure 84: Europe Water Electrolysis Machine Market Y-o-Y Growth by Hydrogen Production, 2022-2030

Figure 85: Europe Water Electrolysis Machine Market Attractiveness Analysis by Hydrogen Production, 2022-2030

Figure 86: Europe Water Electrolysis Machine Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 87: Europe Water Electrolysis Machine Market Y-o-Y Growth by End Use, 2022-2030

Figure 88: Europe Water Electrolysis Machine Market Attractiveness Analysis by End Use, 2022-2030

Figure 89: South Asia & Pacific Water Electrolysis Machine Market Share and BPS Analysis by Country – 2022 & 2030

Figure 90: South Asia & Pacific Water Electrolysis Machine Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 91: South Asia & Pacific Water Electrolysis Machine Market Attractiveness by Country, 2022-2030

Figure 92: South Asia & Pacific Water Electrolysis Machine Market Incremental $ Opportunity by Country, 2022-2030

Figure 93: South Asia & Pacific Water Electrolysis Machine Market Share and BPS Analysis by Type- 2022 & 2030

Figure 94: South Asia & Pacific Water Electrolysis Machine Market Y-o-Y Growth by Type, 2022-2030

Figure 95: South Asia & Pacific Water Electrolysis Machine Market Attractiveness Analysis by Type, 2022-2030

Figure 96: South Asia & Pacific Water Electrolysis Machine Market Share and BPS Analysis by Input Power- 2022 & 2030

Figure 97: South Asia & Pacific Water Electrolysis Machine Market Y-o-Y Growth by Input Power, 2022-2030

Figure 98: South Asia & Pacific Water Electrolysis Machine Market Attractiveness Analysis by Input Power, 2022-2030

Figure 99: South Asia & Pacific Water Electrolysis Machine Market Share and BPS Analysis by Hydrogen Production- 2022 & 2030

Figure 100: South Asia & Pacific Water Electrolysis Machine Market Y-o-Y Growth by Hydrogen Production, 2022-2030

Figure 101: South Asia & Pacific Water Electrolysis Machine Market Attractiveness Analysis by Hydrogen Production, 2022-2030

Figure 102: South Asia & Pacific Water Electrolysis Machine Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 103: South Asia & Pacific Water Electrolysis Machine Market Y-o-Y Growth by End Use, 2022-2030

Figure 104: South Asia & Pacific Water Electrolysis Machine Market Attractiveness Analysis by End Use, 2022-2030

Figure 105: East Asia Water Electrolysis Machine Market Share and BPS Analysis by Country – 2022 & 2030

Figure 106: East Asia Water Electrolysis Machine Market Y-o-Y Growth Projections by Country, 2022-2030

Figure 107: East Asia Water Electrolysis Machine Market Attractiveness by Country, 2022-2030

Figure 108: East Asia Water Electrolysis Machine Market Incremental $ Opportunity by Country, 2022-2030

Figure 109: East Asia Water Electrolysis Machine Market Share and BPS Analysis by Type- 2022 & 2030

Figure 110: East Asia Water Electrolysis Machine Market Y-o-Y Growth by Type, 2022-2030

Figure 111: East Asia Water Electrolysis Machine Market Attractiveness Analysis by Type, 2022-2030

Figure 112: East Asia Water Electrolysis Machine Market Share and BPS Analysis by Input Power- 2022 & 2030

Figure 113: East Asia Water Electrolysis Machine Market Y-o-Y Growth by Input Power, 2022-2030

Figure 114: East Asia Water Electrolysis Machine Market Attractiveness Analysis by Input Power, 2022-2030

Figure 115: East Asia Water Electrolysis Machine Market Share and BPS Analysis by Hydrogen Production- 2022 & 2030

Figure 116: East Asia Water Electrolysis Machine Market Y-o-Y Growth by Hydrogen Production, 2022-2030

Figure 117: East Asia Water Electrolysis Machine Market Attractiveness Analysis by Hydrogen Production, 2022-2030

Figure 118: East Asia Water Electrolysis Machine Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 119: East Asia Water Electrolysis Machine Market Y-o-Y Growth by End Use, 2022-2030

Figure 120: East Asia Water Electrolysis Machine Market Attractiveness Analysis by End Use, 2022-2030

Figure 121: Middle East & Africa Water Electrolysis Machine Market Share and BPS Analysis by Country – 2022 & 2030

Figure 122: Middle East & Africa Water Electrolysis Machine Market Y-o-Y Growth Projections by Country, 2022-2030

Figure 123: Middle East & Africa Water Electrolysis Machine Market Attractiveness by Country, 2022-2030

Figure 124: Middle East & Africa Water Electrolysis Machine Market Incremental $ Opportunity by Country, 2022-2030

Figure 125: Middle East & Africa Water Electrolysis Machine Market Share and BPS Analysis by Type- 2022 & 2030

Figure 126: Middle East & Africa Water Electrolysis Machine Market Y-o-Y Growth by Type, 2022-2030

Figure 127: Middle East & Africa Water Electrolysis Machine Market Attractiveness Analysis by Type, 2022-2030

Figure 128: Middle East & Africa Water Electrolysis Machine Market Share and BPS Analysis by Input Power- 2022 & 2030

Figure 129: Middle East & Africa Water Electrolysis Machine Market Y-o-Y Growth by Input Power, 2022-2030

Figure 130: Middle East & Africa Water Electrolysis Machine Market Attractiveness Analysis by Input Power, 2022-2030

Figure 131: Middle East & Africa Water Electrolysis Machine Market Share and BPS Analysis by Hydrogen Production- 2022 & 2030

Figure 132: Middle East & Africa Water Electrolysis Machine Market Y-o-Y Growth by Hydrogen Production, 2022-2030

Figure 133: Middle East & Africa Water Electrolysis Machine Market Attractiveness Analysis by Hydrogen Production, 2022-2030

Figure 134: Middle East & Africa Water Electrolysis Machine Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 135: Middle East & Africa Water Electrolysis Machine Market Y-o-Y Growth by End Use, 2022-2030

Figure 136: Middle East & Africa Water Electrolysis Machine Market Attractiveness Analysis by End Use, 2022-2030

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