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Global Water Electrolysis Market Insights, Forecast To 2025
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.
Currently, water electrolysis is classified into two types, including traditional alkaline electroliser and PEM electroliser. Globally, PEM electroliser is the larger type. In 2018, global PEM electroliser consumption is 457 units. In the future, we predict that PEM electroliser will be a leading and major type. PEM electroliser consumption amount will increase a rate of 9.64% during 2019-2025.
During all those manufacturers, Proton On-Site is the largest supplier, which sold 132 Unit in 2018, accounting for 15.21% of global total sales.
Water electrolysis can be used in many fields including ...
... power plants, steel plant, electronics and photovoltaics, industrial gases, energy storage or fueling for FCEV's and power to gas etc. Power plant is the largest consumption area with consumption amount of 283 in 2018.
The Water Electrolysis market was valued at 330 Million US$ in 2018 and is projected to reach 420 Million US$ by 2025, at a CAGR of 3.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Water Electrolysis.
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This report presents the worldwide Water Electrolysis market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
• Proton On-Site
• 718th Research Institute of CSIC
• Teledyne Energy Systems
• Hydrogenics
• Nel Hydrogen
• Suzhou Jingli
• Beijing Zhongdian
• McPhy
• Siemens
• TianJin Mainland
• Areva H2gen
• Shandong Saksay Hydrogen Energy
• Yangzhou Chungdean Hydrogen Equipment
• Asahi Kasei
• Idroenergy Spa
• Erredue SpA
• ShaanXi HuaQin
• Kobelco Eco-Solutions
• ELB Elektrolysetechnik GmbH
• ITM Power
• Toshiba
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Water Electrolysis Breakdown Data by Type
• Traditional Alkaline Electroliser
• PEM Electroliser
Water Electrolysis Breakdown Data by Application
• Power Plants
• Steel Plant
• Electronics and Photovoltaics
• Industrial Gases
• Energy Storage or Fueling for FCEV's
• Power to Gas
• Others
Water Electrolysis Production by Region
• United States
• Europe
• China
• Japan
• Other Regions
Water Electrolysis Consumption by Region
• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Malaysia
• Philippines
• Thailand
• Vietnam
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Rest of Europe
• Central & South America
• Brazil
• Rest of South America
• Middle East & Africa
• GCC Countries
• Turkey
• Egypt
• South Africa
• Rest of Middle East & Africa
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The study objectives are:
• To analyze and research the global Water Electrolysis status and future forecast?involving, production, revenue, consumption, historical and forecast.
• To present the key Water Electrolysis manufacturers, production, revenue, market share, and recent development.
• To split the breakdown data by regions, type, manufacturers and applications.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends, drivers, influence factors in global and regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Water Electrolysis :
• History Year: 2014 - 2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Water Electrolysis market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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