2 weeks Ago By [email protected] (MENAFN)
Demand - Drivers and Limitations Following are the demand drivers for the water electrolysis market: The market is expected to face some limitations too due to the following challenges: Industrial Impact The growth of the water electrolysis market is closely tied to the hydrogen and ammonia market. Water electrolysis is one of the clean methods for the production of hydrogen and is highly sustainable as there are no emissions and the feedstock used for hydrogen production is water. The growing demand for green hydrogen and green ammonia are among the major drivers of the growth of the water electrolysis market.
Market Segmentation Segmentation 1: by End-Use Application Segmentation 2: by Electrolyzer Type The water electrolysis market is dominated by alkaline electrolyzers owing to the large-scale application of alkaline water electrolysis. Moreover, the first commercialized water electrolysis systems were based on alkaline water electrolysis. The low cost and technological maturity of alkaline water electrolyzers further support the dominant share of these electrolyzers in the market.
Segmentation 3: by Region Asia-Pacific and Japan are anticipated to gain traction in terms of the water electrolysis market owing to the presence of a large number of players, growing demand for green hydrogen, investment from the government, and the large fleet of fuel-cell vehicles in the region. Moreover, the rising demand for green ammonia and the development of hydrogen infrastructure in the region are expected to further support the dominant share of the region in the market. Key Players in Water Electrolysis Market and Competition Synopsis The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Some prominent names established in this market are: Company Type 1: Electrolyzer Suppliers Companies that are not a part of the above-mentioned pool have been well represented across different sections of the report (wherever applicable). Developments in the Water Electrolysis Market Key Topics Covered 1. Markets: Industry Outlook 1.
1 Trends: Current and Future Impact Assessment 1.2 Stakeholder Analysis 1.2.
1 Use Case 1.2.2 End User and Buying Criteria 1.
3 Market Dynamics Overview 1.3.1 Market Drivers 1.
3.2 Market Restraints 1.3.
3 Market Opportunities 1.4 Regulatory Landscape 1.5 Patent Analysis 1.
6 Start-Up Landscape 1.7 Supply Chain Analysis 1.8 Value Chain Analysis 1.
9 Global Pricing Analysis 1.10 Industry Attractiveness 1.11 The Road Ahead 1.
12 Snapshot of the Green Hydrogen Market 1.13 Snapshot of the Green Ammonia Market 2. Water Electrolysis Market (by Application) 2.
1 Application Segmentation 2.2 Application Summary 2.3 Water Electrolysis Market (by End-Use Application) 2.
3.1 Refining Industry 2.3.
2 Power and Energy Storage 2.3.3 Ammonia Production 2.
3.4 Methanol Production 2.3.
5 Transportation/Mobility Industry 2.3.6 Other End-Use Applications 3.
Water Electrolysis Market (by Product) 3.1 Product Segmentation 3.2 Product Summary 3.
3 Water Electrolysis Market (by Electrolyzer Type) 3.3.1 Alkaline Electrolyzer 3.
3.2 Proton Exchange Membrane (PEM) Electrolyzer 3.3.
3 Solid Oxide Electrolyzer Cell (SOEC) 3.3.4 Anion Exchange Membrane (AEM) Electrolyzers 4.
Water Electrolysis Market (by Region) 4.1 Water Electrolysis Market (by Region) 4.2 North America 4.
2.1 Regional Overview 4.2.
2 Driving Factors for Market Growth 4.2.3 Factors Challenging the Market 4.
2.4 Key Companies 4.2.
5 Application 4.2.6 Product 4.
2.7 U.S.
4.2.8 Canada 4.
2.9 Mexico 4.3 Europe 4.
3.1 Regional Overview 4.3.
2 Driving Factors for Market Growth 4.3.3 Factors Challenging the Market 4.
3.4 Key Companies 4.3.
5 Application 4.3.6 Product 4.
3.7 Germany 4.3.
8 France 4.3.9 The Netherlands 4.
3.10 Spain 4.3.
11 U.K. 4.
3.12 Rest-of-Europe 4.4 Asia-Pacific 4.
4.1 Regional Overview 4.4.
2 Driving Factors for Market Growth 4.4.3 Factors Challenging the Market 4.
4.4 Key Companies 4.4.
5 Application 4.4.6 Product 4.
4.7 China 4.4.
8 Japan 4.4.9 India 4.
4.10 South Korea 4.4.
11 Australia 4.4.12 Rest-of-Asia-Pacific 4.
5 Rest-of-the-World 4.5.1 Regional Overview 4.
5.2 Driving Factors for Market Growth 4.5.
3 Factors Challenging the Market 4.5.4 Key Companies 4.
5.5 Application 4.5.
6 Product 4.5.7 South America 4.
5.8 Middle East and Africa 5. Markets - Competitive Benchmarking & Company Profiles 5.
1 Next Frontiers 5.2 Geographic Assessment 5.3 Company Profiles 5.
3.1 Asahi Kasei Corporation 5.3.
1.1 Overview 5.3.
1.2 Top Products/Product Portfolio 5.3.
1.3 Top Competitors 5.3.
1.4 Target Customers 5.3.
1.5 Key Personnel 5.3.
1.6 Analyst View 5.3.
1.7 Market Share 5.3.
2 Nel ASA 5.3.3 thyssenkrupp AG 5.
3.4 Cummins Inc. 5.
3.5 Toshiba Energy Systems & Solutions Corporation 5.3.
6 Teledyne Energy Systems Inc. 5.3.
7 Suzhou Green Hydrogen Energy Co., Ltd. 5.
3.8 Suzhou Jingli Hydrogen Production Equipment Co., Ltd.
5.3.9 ITM Power PLC 5.
3.10 Clean Power Hydrogen Group Limited 5.3.
11 Plug Power Inc. 5.3.
12 Hitachi Zosen Corporation 5.3.13 John Cockerill 5.
3.14 Siemens Energy AG 5.3.
15 McPhy Energy S.A. 5.
3.16 Enapter AG 5.3.
17 Elogen 5.3.18 h2e Power Systems Pvt.
Ltd. 5.3.
19 Ohmium 5.3.20 Hystar 6.
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