The latest report by MarkNtel Advisors, titled “Water Electrolysis Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Water Electrolysis Market Share, Size, and Industry Analysis. By Product (Alkaline Electrolyzer, Proton Exchange Membrane Electrolyzer, Solid Oxide Electrolyzer Cell, Anion Exchange Membrane Electrolyzers), By Application (Refining Industry, Power & Energy Store, Ammonia Production, Methanol Production), By Input Power (Below 5kW, 2kW-5kW, Above 5kW), By Hydrogen Production (Below 500L/Hr, 500-2000 L/Hr, Above 2000 L/Hr), By End Users (Chemical Industry, Electronics & Semiconductors Industry, Power Plants, Petroleum Industry, Pharmaceutical Industry, Others), and other. The Global Water Electrolysis Market size was valued at around USD 1.8 billion in 2023 & is estimated to grow at a CAGR of about 7.1% during the forecast period, i.e., 2024-30.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Water Electrolysis Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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Global Water Electrolysis Market Opportunity:
Advancements in Urban Wastewater Treatment to Open New Avenues for the Market – Water quality degradation has recently become a major concern as a result of industrial advancements. The oil industry is one of the most significant sources of pollution. Therefore, strict environmental protection legislation has been enacted. In line with this, the EPA’s research has identified water electrolysis as a viable technique for treating hazardous waste from industrial zones, thus creating an opportunistic arena for the Water Electrolysis Market growth. Furthermore, as electrocoagulation methods gain popularity, the water electrolysis process has become an essential component of wastewater treatment facilities, further contributing to upgrading the market’s growth graph in the forecast years.
Water Electrolysis Market Segmentation
By Product
-Alkaline Electrolyzer- Market Size & Forecast 2019-2030F, USD Million
-Proton Exchange Membrane (PEM) Electrolyzer- Market Size & Forecast 2019-2030F, USD Million
-Solid Oxide Electrolyzer Cell (SOEC)- Market Size & Forecast 2019-2030F, USD Million
-Anion Exchange Membrane (AEM) Electrolyzers- Market Size & Forecast 2019-2030F, USD Million
By Application
-Refining Industry- Market Size & Forecast 2019-2030F, USD Million
-Power & Energy Store- Market Size & Forecast 2019-2030F, USD Million
-Ammonia Production- Market Size & Forecast 2019-2030F, USD Million
-Methanol Production- Market Size & Forecast 2019-2030F, USD Million
By Input Power
-Below 5kW- Market Size & Forecast 2019-2030F, USD Million
-2kW-5kW- Market Size & Forecast 2019-2030F, USD Million
-Above 5kW- Market Size & Forecast 2019-2030F, USD Million
By Hydrogen Production
-Below 500L/Hr- Market Size & Forecast 2019-2030F, USD Million
-500-2000 L/Hr- Market Size & Forecast 2019-2030F, USD Million
-Above 2000 L/Hr- Market Size & Forecast 2019-2030F, USD Million
By End Users
-Chemical Industry- Market Size & Forecast 2019-2030F, USD Million
-Electronics & Semiconductors Industry- Market Size & Forecast 2019-2030F, USD Million
-Power Plants- Market Size & Forecast 2019-2030F, USD Million
-Petroleum Industry- Market Size & Forecast 2019-2030F, USD Million
-Pharmaceutical Industry- Market Size & Forecast 2019-2030F, USD Million
-Others (Steel Plants, Transportation/Mobility Industry, etc.)- Market Size & Forecast 2019-2030F, USD Million
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Major Key Players in Water Electrolysis Market research report:
Audlong Machinery Manufacturing Co., Ltd.
-Business Description
-Product Segments
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
ThyssenKrupp AG
-Business Description
-Product Segments
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Linde plc
-Business Description
-Product Segments
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Siemens AG
-Business Description
-Product Segments
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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