Product Code: TMRGL76047
Water Electrolysis Machine Market - Scope of Report
TMR's report on the global water electrolysis machine market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global water electrolysis machine market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global water electrolysis machine market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the water electrolysis machine market.
Market Snapshot |
Market Value in 2023 | US$ 10.5 Mn |
Market Value in 2031 | US$ 16.1 Mn |
CAGR | 4.9% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global water electrolysis machine market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global water electrolysis machine market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global water electrolysis machine market.
The report delves into the competitive landscape of the global water electrolysis machine market. Key players operating in the global water electrolysis machine market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global water electrolysis machine market profiled in this report.
Key Questions Answered in Global Water Electrolysis Machine Market Report:
- What is the sales/revenue generated by water electrolysis machine across all regions during the forecast period?
- What are the opportunities in the global water electrolysis machine market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2031?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Water Electrolysis Machine Market - Research Objectives and Research Approach
The comprehensive report on the global water electrolysis machine market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global water electrolysis machine market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global water electrolysis machine market.
Table of Contents
1. Preface
- 1.1. Market Definition and Scope
- 1.2. Market Segmentation
- 1.3. Key Research Objectives
- 1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.2. Restraints
- 5.1.3. Opportunities
- 5.2. Key Trends Analysis
- 5.2.1. Demand Side Analysis
- 5.2.2. Supply Side Analysis
- 5.3. Key Market Indicators
- 5.4. Porter's Five Forces Analysis
- 5.5. Value Chain Analysis
- 5.6. Industry SWOT Analysis
- 5.7. COVID-19 Impact Analysis
- 5.8. Global Water Electrolysis Machine Market Analysis and Forecast, 2017 - 2031
- 5.8.1. Market Value Projections (US$ Mn)
- 5.8.2. Market Volume Projections (Thousand Units)
6. Global Water Electrolysis Machine Market Analysis and Forecast, by Type
- 6.1. Global Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
- 6.1.1. Proton Exchange Membrane (PEM)
- 6.1.2. Alkaline Water Electrolysis
- 6.1.3. Others
- 6.2. Incremental Opportunity, by Type
7. Global Water Electrolysis Machine Market Analysis and Forecast, by Input Power
- 7.1. Global Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Input Power, 2017- 2031
- 7.1.1. Below 2KW
- 7.1.2. 2KW - 5KW
- 7.1.3. Above 5 KW
- 7.2. Incremental Opportunity, by Input Power
8. Global Water Electrolysis Machine Market Analysis and Forecast, by Hydrogen Production
- 8.1. Global Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Hydrogen Production, 2017- 2031
- 8.1.1. Below 500 L/Hr
- 8.1.2. 500 L/Hr - 2,000 L/Hr
- 8.1.3. Above 2,000 L/Hr
- 8.2. Incremental Opportunity, by Hydrogen Production
9. Global Water Electrolysis Machine Market Analysis and Forecast, by Application
- 9.1. Global Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
- 9.1.1. Chemical Industry
- 9.1.2. Petroleum Industry
- 9.1.3. Pharmaceutical Industry
- 9.1.4. Power Plants
- 9.1.5. Electronics & Semiconductors
- 9.1.6. Steel Plants
- 9.1.7. Others
- 9.2. Incremental Opportunity, by Application
10. Global Water Electrolysis Machine Market Analysis and Forecast, by Region
- 10.1. Global Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Region, 2017- 2031
- 10.1.1. North America
- 10.1.2. Europe
- 10.1.3. Asia Pacific
- 10.1.4. Middle East & Africa
- 10.1.5. South America
- 10.2. Incremental Opportunity, by Region
11. North America Water Electrolysis Machine Market Analysis and Forecast
- 11.1. Regional Snapshot
- 11.2. Key Supplier Analysis
- 11.3. Key Trends Analysis
- 11.3.1. Supply side
- 11.3.2. Demand Side
- 11.4. Price Trend Analysis
- 11.4.1. Weighted Average Selling Price (US$)
- 11.5. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
- 11.5.1. Proton Exchange Membrane (PEM)
- 11.5.2. Alkaline Water Electrolysis
- 11.5.3. Others
- 11.6. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Input Power, 2017- 2031
- 11.6.1. Below 2KW
- 11.6.2. 2KW - 5KW
- 11.6.3. Above 5 KW
- 11.7. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Hydrogen Production, 2017- 2031
- 11.7.1. Below 500 L/Hr
- 11.7.2. 500 L/Hr - 2,000 L/Hr
- 11.7.3. Above 2,000 L/Hr
- 11.8. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
- 11.8.1. Chemical Industry
- 11.8.2. Petroleum Industry
- 11.8.3. Pharmaceutical Industry
- 11.8.4. Power Plants
- 11.8.5. Electronics & Semiconductors
- 11.8.6. Steel Plants
- 11.8.7. Others
- 11.9. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
- 11.9.1. U.S.
- 11.9.2. Canada
- 11.9.3. Rest of North America
- 11.10. Incremental Opportunity Analysis
12. Europe Water Electrolysis Machine Market Analysis and Forecast
- 12.1. Regional Snapshot
- 12.2. Key Supplier Analysis
- 12.3. Key Trends Analysis
- 12.3.1. Supply side
- 12.3.2. Demand Side
- 12.4. Price Trend Analysis
- 12.4.1. Weighted Average Selling Price (US$)
- 12.5. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
- 12.5.1. Proton Exchange Membrane (PEM)
- 12.5.2. Alkaline Water Electrolysis
- 12.5.3. Others
- 12.6. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Input Power, 2017- 2031
- 12.6.1. Below 2KW
- 12.6.2. 2KW - 5KW
- 12.6.3. Above 5 KW
- 12.7. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Hydrogen Production, 2017- 2031
- 12.7.1. Below 500 L/Hr
- 12.7.2. 500 L/Hr - 2,000 L/Hr
- 12.7.3. Above 2,000 L/Hr
- 12.8. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
- 12.8.1. Chemical Industry
- 12.8.2. Petroleum Industry
- 12.8.3. Pharmaceutical Industry
- 12.8.4. Power Plants
- 12.8.5. Electronics & Semiconductors
- 12.8.6. Steel Plants
- 12.8.7. Others
- 12.9. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
- 12.9.1. U.K.
- 12.9.2. Germany
- 12.9.3. France
- 12.9.4. Rest of Europe
- 12.10. Incremental Opportunity Analysis
13. Asia Pacific Water Electrolysis Machine Market Analysis and Forecast
- 13.1. Regional Snapshot
- 13.2. Key Supplier Analysis
- 13.3. Key Trends Analysis
- 13.3.1. Supply side
- 13.3.2. Demand Side
- 13.4. Price Trend Analysis
- 13.4.1. Weighted Average Selling Price (US$)
- 13.5. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
- 13.5.1. Proton Exchange Membrane (PEM)
- 13.5.2. Alkaline Water Electrolysis
- 13.5.3. Others
- 13.6. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Input Power, 2017- 2031
- 13.6.1. Below 2KW
- 13.6.2. 2KW - 5KW
- 13.6.3. Above 5 KW
- 13.7. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Hydrogen Production, 2017- 2031
- 13.7.1. Below 500 L/Hr
- 13.7.2. 500 L/Hr - 2,000 L/Hr
- 13.7.3. Above 2,000 L/Hr
- 13.8. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
- 13.8.1. Chemical Industry
- 13.8.2. Petroleum Industry
- 13.8.3. Pharmaceutical Industry
- 13.8.4. Power Plants
- 13.8.5. Electronics & Semiconductors
- 13.8.6. Steel Plants
- 13.8.7. Others
- 13.9. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
- 13.9.1. China
- 13.9.2. India
- 13.9.3. Japan
- 13.9.4. Rest of Asia Pacific
- 13.10. Incremental Opportunity Analysis
14. Middle East & Africa Water Electrolysis Machine Market Analysis and Forecast
- 14.1. Regional Snapshot
- 14.2. Key Supplier Analysis
- 14.3. Key Trends Analysis
- 14.3.1. Supply side
- 14.3.2. Demand Side
- 14.4. Price Trend Analysis
- 14.4.1. Weighted Average Selling Price (US$)
- 14.5. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
- 14.5.1. Proton Exchange Membrane (PEM)
- 14.5.2. Alkaline Water Electrolysis
- 14.5.3. Others
- 14.6. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Input Power, 2017- 2031
- 14.6.1. Below 2KW
- 14.6.2. 2KW - 5KW
- 14.6.3. Above 5 KW
- 14.7. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Hydrogen Production, 2017- 2031
- 14.7.1. Below 500 L/Hr
- 14.7.2. 500 L/Hr - 2,000 L/Hr
- 14.7.3. Above 2,000 L/Hr
- 14.8. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
- 14.8.1. Chemical Industry
- 14.8.2. Petroleum Industry
- 14.8.3. Pharmaceutical Industry
- 14.8.4. Power Plants
- 14.8.5. Electronics & Semiconductors
- 14.8.6. Steel Plants
- 14.8.7. Others
- 14.9. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
- 14.9.1. GCC
- 14.9.2. South Africa
- 14.9.3. Rest of Middle East & Africa
- 14.10. Incremental Opportunity Analysis
15. South America Water Electrolysis Machine Market Analysis and Forecast
- 15.1. Regional Snapshot
- 15.2. Key Supplier Analysis
- 15.3. Key Trends Analysis
- 15.3.1. Supply side
- 15.3.2. Demand Side
- 15.4. Price Trend Analysis
- 15.4.1. Weighted Average Selling Price (US$)
- 15.5. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
- 15.5.1. Proton Exchange Membrane (PEM)
- 15.5.2. Alkaline Water Electrolysis
- 15.5.3. Others
- 15.6. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Input Power, 2017- 2031
- 15.6.1. Below 2KW
- 15.6.2. 2KW - 5KW
- 15.6.3. Above 5 KW
- 15.7. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Hydrogen Production, 2017- 2031
- 15.7.1. Below 500 L/Hr
- 15.7.2. 500 L/Hr - 2,000 L/Hr
- 15.7.3. Above 2,000 L/Hr
- 15.8. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
- 15.8.1. Chemical Industry
- 15.8.2. Petroleum Industry
- 15.8.3. Pharmaceutical Industry
- 15.8.4. Power Plants
- 15.8.5. Electronics & Semiconductors
- 15.8.6. Steel Plants
- 15.8.7. Others
- 15.9. Water Electrolysis Machine Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
- 15.9.1. Brazil
- 15.9.2. Rest of South America
- 15.10. Incremental Opportunity Analysis
16. Competition Landscape
- 16.1. Competition Dashboard
- 16.2. Market Share Analysis % (2022)
- 16.3. Company Profiles [Company Overview, Product Portfolio, Financial Information (Subject to Data Availability), Business Strategies Recent Developments]
- 16.3.1. Air Products and Chemical, Inc.
- 16.3.1.1. Company Overview
- 16.3.1.2. Product Portfolio
- 16.3.1.3. Financial Information (Subject to Data Availability)
- 16.3.1.4. Business Strategies Recent Developments
- 16.3.2. AREVA H2Gen
- 16.3.2.1. Company Overview
- 16.3.2.2. Product Portfolio
- 16.3.2.3. Financial Information (Subject to Data Availability)
- 16.3.2.4. Business Strategies Recent Developments
- 16.3.3. Asahi Kasei Corporation
- 16.3.3.1. Company Overview
- 16.3.3.2. Product Portfolio
- 16.3.3.3. Financial Information (Subject to Data Availability)
- 16.3.3.4. Business Strategies Recent Developments
- 16.3.4. C&E Environmental Technology Co., Ltd.
- 16.3.4.1. Company Overview
- 16.3.4.2. Product Portfolio
- 16.3.4.3. Financial Information (Subject to Data Availability)
- 16.3.4.4. Business Strategies Recent Developments
- 16.3.5. Enagic International, Inc.
- 16.3.5.1. Company Overview
- 16.3.5.2. Product Portfolio
- 16.3.5.3. Financial Information (Subject to Data Availability)
- 16.3.5.4. Business Strategies Recent Developments
- 16.3.6. Eneco Holdings, Inc.
- 16.3.6.1. Company Overview
- 16.3.6.2. Product Portfolio
- 16.3.6.3. Financial Information (Subject to Data Availability)
- 16.3.6.4. Business Strategies Recent Developments
- 16.3.7. ErreDue spa
- 16.3.7.1. Company Overview
- 16.3.7.2. Product Portfolio
- 16.3.7.3. Financial Information (Subject to Data Availability)
- 16.3.7.4. Business Strategies Recent Developments
- 16.3.8. Hitachi Zosen Corporation
- 16.3.8.1. Company Overview
- 16.3.8.2. Product Portfolio
- 16.3.8.3. Financial Information (Subject to Data Availability)
- 16.3.8.4. Business Strategies Recent Developments
- 16.3.9. Hydrogenics Corporation
- 16.3.9.1. Company Overview
- 16.3.9.2. Product Portfolio
- 16.3.9.3. Financial Information (Subject to Data Availability)
- 16.3.9.4. Business Strategies Recent Developments
- 16.3.10. ITM Power Plc.
- 16.3.10.1. Company Overview
- 16.3.10.2. Product Portfolio
- 16.3.10.3. Financial Information (Subject to Data Availability)
- 16.3.10.4. Business Strategies Recent Developments
- 16.3.11. Siemens Energy
- 16.3.11.1. Company Overview
- 16.3.11.2. Product Portfolio
- 16.3.11.3. Financial Information (Subject to Data Availability)
- 16.3.11.4. Business Strategies Recent Developments
- 16.3.12. TOPSOE
- 16.3.12.1. Company Overview
- 16.3.12.2. Product Portfolio
- 16.3.12.3. Financial Information (Subject to Data Availability)
- 16.3.12.4. Business Strategies Recent Developments
17. Go to Market Strategy
- 17.1. Identification of Potential Market Spaces
- 17.2. Understanding the Buying Process of the Customers
- 17.3. Preferred Sales & Marketing Strategy