Water Electrolysis Machine Market

Water Electrolysis Machine Market (Type: Proton Exchange Membrane (PEM), Alkaline Water Electrolysis, and Others; Input Power: Below 2KW, 2KW - 5KW, and Above 5 KW) - Global Market Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global Water Electrolysis Machine Market Outlook 2031

  • The global industry was valued at US$ 10.5 Mn in 2022
  • It is projected to grow at a CAGR of 4.9% from 2023 to 2031 and reach US$ 16.1 Mn by the end of 2031

Analysts’ Viewpoint

Rise in regulatory pressure for environment protection, increase in government investment, and support for the development of water electrolysis machines for hydrogen production are the primary factors leading to the water electrolysis machine market development.

Water electrolysis machine manufacturers are focusing on production expansion and product innovation, which is expected to drive the water electrolysis machine market growth. Additionally, electrolyzer commercialization can increase the accessibility of green hydrogen and allow for substantial changes in energy systems across the world to minimize emissions and lessen environmental harm. These factors are anticipated to create lucrative water electrolysis machine market opportunities in the next few years.

Water Electrolysis Machine Market

Global Water Electrolysis Machine Market Introduction

Water electrolysis machine, or electrolyzed water machine, is a device used for hydrogen production through renewable sources. Water electrolysis machine uses electric current for splitting water molecules into hydrogen and oxygen. Two reactions occur at each of the two electrodes, the negatively charged cathode and the positively charged anode, when voltage is supplied.

At the anode, the oxygen evolution reaction (OER) generates oxygen, while at the cathode, the hydrogen evolution reaction (HER) generates hydrogen. Hydrogen gas can be stored either compressed or liquefied, while the produced oxygen is either returned to the atmosphere or collected and stored for use in other industrial operations. The charge of the generated gases is equalized using an electrolyte, which conducts electricity, and a membrane separates them to avoid mixing and contamination.

Water electrolyzer machine produces low-emission hydrogen from renewable or nuclear electricity. Several types of water electrolysis machine are available on the basis of size and function to meet the need of different industries. Manufacturing of ammonia for fertilizers and the fuel for fuel cell vehicles, including buses, lorries, and trains, depends on hydrogen. Hence, there has been a visible growth in the electrolysis capacity for dedicated hydrogen production in the global water electrolysis machine industry in the past few years.

One of the key prerequisites for emission reduction, particularly in areas where it is difficult to reduce emissions, is the switch to green hydrogen and green ammonia. Water electrolysis machine plays a major role, as the machine splits water molecules into hydrogen and oxygen. The hydrogen gas, which is stored in compressed or liquefied states, can be further used as a green fuel.

Rise in Commercialization and Expansion of Production Capacity by Manufacturers

Manufacturers of water electrolysis machine are focusing on the expansion of production capacities to cater to the rising demand for the machines for hydrogen production. Technologies, such as alkaline and proton exchange membrane, are more mature and already commercially available, while solid oxyde electrolysis (SOEC) and anion exchange membrane technologies, are maturing.

As per a report published by International Energy Agency, commercialization of SOEC is rapidly increasing. A 2.6 MW SOEC electrolyzer was installed in a Neste refinery in the Netherlands and a 4 MW SOEC system at the NASA research facility in California in April 2023.

Manufacturers of electrolyzer are increasing production capacities. For instance, to prepare for GW-scale operations in the U.S., Bloom Energy boosted its SOEC production capacity in 2022 with the installation of a new high volume plant in Newark. Topsoe is moving ahead with the development of a 500 MW/yr industrial manufacturing facility in Denmark, which is scheduled to open in 2025.

The development of anion exchange membrane (AEM) electrolyzer is still in the early phase. However, they are produced and sold on a moderate scale. Hence, rise in commercialization has a significant impact on the water electrolysis machine industry growth.

Government Policies and Initiatives

Increasing number of governments are setting objectives for the deployment of low-emission hydrogen production capacity to fulfill the net zero emission target and communicate their long-term vision for hydrogen technologies. A number of countries have started to introduce policies to encourage first movers, including grants, loans, tax benefits, and carbon contracts for difference (CCfDs).

Governments have started adopting new mechanisms to support project developers and reduce risks with numerous notable announcements in the past few years. The U.S. Congress enacted the Bipartisan Infrastructure Law in 2021, which includes incentives to promote infrastructure and electrolysis production as well as funding for the establishment of hydrogen hubs, with chosen projects scheduled to be disclosed in Q3 2023.

The IRA, which was signed in August 2022, provides a number of tax credits and grant financing to boost hydrogen technology. All such projects are anticipated to enhance water electrolysis machine market demand.

High Demand for Proton Exchange Membrane (PEM)

In terms of type, the water electrolysis machine market segmentation includes proton exchange membrane (PEM), alkaline water electrolysis, and others. The proton exchange membrane (PEM) segment is anticipated to account for major market share in the next few years.

PEM effectively operates on high current densities and variable power levels within seconds. Other features of PEM include low gas permeability, high energy efficiency, and fast hydrogen production rate, which are expected to propel the segment.

Regional Insights

According to the water electrolysis machine market forecast, Asia Pacific is anticipated to account for the largest global water electrolysis machine market share during the forecast period. This can be ascribed to technological advancements in water electrolysis technology, leading to better efficiency and reduced cost. These elements increase the water electrolysis machine's appeal for industrial use.

The market in North America is anticipated to grow at a rapid pace in the near future owing to government initiatives. For instance, the Inflation Reduction Act (IRA), under which the U.S. announced important incentives in 2022, acts as a credit to support industrial initiatives. The IRA provisions are beginning to pay off, and several more announcements are made for raising new electrolyzer production plants across the nation.

Analysis of Key Players

Detailed profiles of companies are provided in the water electrolysis machine market research report to evaluate their financials, key product offerings, recent developments, and strategies. Prominent manufacturers have adopted strategies such as investment in R&D, product expansion, and merger & acquisition to increase market share.

The water electrolysis machine market analysis suggests product development as a major strategy of top manufacturers. The market is highly competitive with the presence of various global and regional players.

Air Products and Chemical, Inc., AREVA H2Gen, Asahi Kasei Corporation, C&E Environmental Technology Co., Ltd., Enagic International, Inc., Eneco Holdings, Inc., ErreDue spa, Hitachi Zosen Corporation, Hydrogenics Corporation, ITM Power plc, Siemens Energy, and TOPSOE are the prominent entities profiled in the water electrolysis machine market report.

Key Developments in Global Water Electrolysis Machine Market

  • On July 10, 2023, ITM Power plc announced that ITM Power Germany GmbH would formally inaugurate its operations in October of 2023 in Linden, a town north of Frankfurt. ITM's position as a top producer of big electrolyzers for current projects in Germany and rest of Europe, as well as for upcoming projects that are now in the bidding stage, is further strengthened by this development.
  • In 2023, Siemens Energy announced that the production of electrolysis modules (stacks) would begin at the multi-gigawatt electrolyzer facility in Berlin, and that would build up to a three gigawatt production capacity by 2025. Siemens Energy and Air Liquide would get stacks from the production, since it serves a wide spectrum of clients and the quickly expanding market.
  • On November 07, 2022, Asahi Kasei began building a pilot test facility for hydrogen generation using alkaline water electrolysis at its Kawasaki Works. According to Asahi Kasei, in order to fulfil the huge demand for hydrogen anticipated throughout the world, electrolysis equipment would need to be scaled up much further. Thus, Asahi Kasei decided to introduce a prototype plant made up of numerous electrolyzer modules to address these problems by carrying out different trial operations involving response to power fluctuations, long-term durability, etc.

Each of these players has been profiled in the water electrolysis machine industry research report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Water Electrolysis Machine Market Snapshot

Attribute Detail

Size in 2022

US$ 10.5 Mn

Forecast (Value) in 2031

US$ 16.1 Mn

Growth Rate (CAGR)

4.9%

Forecast Period

2023-2031

Historical Data Available for

2017-2021

Quantitative Units

US$ Mn for Value & Thousand Units for Volume

Market Analysis

Qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Market Segmentation

  • Type
    • Proton Exchange Membrane (PEM)
    • Alkaline Water Electrolysis
    • Others
  • Input Power
    • Below 2KW
    • 2KW - 5KW
    • Above 5 KW
  • Hydrogen Production
    • Below 500 L/Hr
    • 500 L/Hr - 2,000 L/Hr
    • Above 2,000 L/Hr
  • Application
    • Chemical Industry
    • Petroleum Industry
    • Pharmaceutical Industry
    • Power Plants
    • Electronics & Semiconductors
    • Steel Plants
    • Others

Companies Profiled

  • Air Products and Chemical, Inc.
  • AREVA H2Gen
  • Asahi Kasei Corporation
  • C&E Environmental Technology Co., Ltd.
  • Enagic International, Inc.
  • Eneco Holdings, Inc.
  • ErreDue spa
  • Hitachi Zosen Corporation
  • Hydrogenics Corporation
  • ITM Power plc
  • Siemens Energy
  • TOPSOE

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the water electrolysis machine market in 2022?

It was valued at US$ 10.5 Mn in 2022

How big is the water electrolysis machine business expected to be by 2031?

It is projected to reach US$ 16.1 Mn by 2031

What are the key factors driving demand for water electrolysis machine?

Government policies & initiatives and rise in commercialization of water electrolysis machines

Which water electrolysis machine type segment accounted for largest share?

The proton exchange membrane (PEM) segment accounted for the largest share in 2022

How promising is Asia Pacific for water electrolysis machine vendors?

Asia Pacific is a highly prominent region for vendors

Who are the key players in the water electrolysis machine sector?

Air Products and Chemical, Inc., AREVA H2Gen, Asahi Kasei Corporation, C&E Environmental Technology Co., Ltd., Enagic International, Inc., Eneco Holdings, Inc., ErreDue spa, Hitachi Zosen Corporation, Hydrogenics Corporation, ITM Power plc, Siemens Energy, and TOPSOE

    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

    List of Tables

    Table 1: Global Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Table 2: Global Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Table 3: Global Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Table 4: Global Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Table 5: Global Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Table 6: Global Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Table 7: Global Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Table 8: Global Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Table 9: Global Water Electrolysis Machine Market Value (US$ Mn), By Region, 2017 - 2031

    Table 10: Global Water Electrolysis Machine Market Volume (Thousand Units), By Region, 2017 - 2031

    Table 11: North America Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Table 12: North America Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Table 13: North America Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Table 14: North America Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Table 15: North America Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Table 16: North America Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Table 17: North America Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Table 18: North America Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Table 19: North America Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Table 20: North America Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Table 21: Europe Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Table 22: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Table 23: Europe Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Table 24: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Table 25: Europe Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Table 26: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Table 27: Europe Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Table 28: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Table 29: Europe Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Table 30: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Table 31: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Table 32: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Table 33: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Table 34: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Table 35: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Table 36: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Table 37: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Table 38: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Table 39: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Table 40: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Table 41: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Table 42: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Table 43: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Table 44: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Table 45: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Table 46: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Table 47: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Table 48: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Table 49: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Table 50: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Table 51: South America Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Table 52: South America Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Table 53: South America Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Table 54: South America Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Table 55: South America Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Table 56: South America Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Table 57: South America Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Table 58: South America Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Table 59: South America Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Table 60: South America Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    List of Figures

    Figure 1: Global Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Figure 2: Global Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Figure 3: Global Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Type, 2017 - 2031

    Figure 4: Global Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Figure 5: Global Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Figure 6: Global Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Input Power, 2017 - 2031

    Figure 7: Global Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 8: Global Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Figure 9: Global Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 10: Global Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Figure 11: Global Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Figure 12: Global Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Application, 2017 - 2031

    Figure 13: Global Water Electrolysis Machine Market Value (US$ Mn), By Region, 2017 - 2031

    Figure 14: Global Water Electrolysis Machine Market Volume (Thousand Units), By Region, 2017 - 2031

    Figure 15: Global Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Region, 2017 - 2031

    Figure 16: North America Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Figure 17: North America Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Figure 18: North America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Type, 2017 - 2031

    Figure 19: North America Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Figure 20: North America Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Figure 21: North America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Input Power, 2017 - 2031

    Figure 22: North America Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 23: North America Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Figure 24: North America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 25: North America Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Figure 26: North America Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Figure 27: North America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Application, 2017 - 2031

    Figure 28: North America Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Figure 29: North America Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Figure 30: North America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Country/Sub-region, 2017 - 2031

    Figure 31: Europe Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Figure 32: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Figure 33: Europe Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Type, 2017 - 2031

    Figure 34: Europe Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Figure 35: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Figure 36: Europe Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Input Power, 2017 - 2031

    Figure 37: Europe Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 38: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Figure 39: Europe Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Hydrogen Production, 2017 – 2031

    Figure 40: Europe Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Figure 41: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Figure 42: Europe Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Application, 2017 - 2031

    Figure 43: Europe Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Figure 44: Europe Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Figure 45: Europe Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Country/Sub-region, 2017 - 2031

    Figure 46: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Figure 47: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Figure 48: Asia Pacific Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Type, 2017 - 2031

    Figure 49: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Figure 50: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Figure 51: Asia Pacific Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Input Power, 2017 - 2031

    Figure 52: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 53: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Figure 54: Asia Pacific Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 55: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Figure 56: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Figure 57: Asia Pacific Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Application, 2017 - 2031

    Figure 58: Asia Pacific Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Figure 59: Asia Pacific Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Figure 60: Asia Pacific Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Country/Sub-region, 2017 - 2031

    Figure 61: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Figure 62: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Figure 63: Middle East & Africa Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Type, 2017 - 2031

    Figure 64: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Figure 65: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Figure 66: Middle East & Africa Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Input Power, 2017 - 2031

    Figure 67: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 68: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Figure 69: Middle East & Africa Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 70: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Figure 71: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Figure 72: Middle East & Africa Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Application, 2017 - 2031

    Figure 73: Middle East & Africa Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Figure 74: Middle East & Africa Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Figure 75: Middle East & Africa Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Country/Sub-region, 2017 – 2031

    Figure 76: South America Water Electrolysis Machine Market Value (US$ Mn), By Type, 2017 - 2031

    Figure 77: South America Water Electrolysis Machine Market Volume (Thousand Units), By Type, 2017 - 2031

    Figure 78: South America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Type, 2017 - 2031

    Figure 79: South America Water Electrolysis Machine Market Value (US$ Mn), By Input Power, 2017 - 2031

    Figure 80: South America Water Electrolysis Machine Market Volume (Thousand Units), By Input Power, 2017 - 2031

    Figure 81: South America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Input Power, 2017 - 2031

    Figure 82: South America Water Electrolysis Machine Market Value (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 83: South America Water Electrolysis Machine Market Volume (Thousand Units), By Hydrogen Production, 2017 - 2031

    Figure 84: South America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Hydrogen Production, 2017 - 2031

    Figure 85: South America Water Electrolysis Machine Market Value (US$ Mn), By Application, 2017 - 2031

    Figure 86: South America Water Electrolysis Machine Market Volume (Thousand Units), By Application, 2017 - 2031

    Figure 87: South America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Application, 2017 - 2031

    Figure 88: South America Water Electrolysis Machine Market Value (US$ Mn), By Country/Sub-region, 2017 - 2031

    Figure 89: South America Water Electrolysis Machine Market Volume (Thousand Units), By Country/Sub-region, 2017 - 2031

    Figure 90: South America Water Electrolysis Machine Market Incremental Opportunity (US$ Mn), By Country/Sub-region, 2017 - 2031

Copyright © Transparency Market Research, Inc. All Rights reserved