Press release
Water ElectrolysisMarket Size, Application, Manufactures Analysis and Opportunity Assessment Forecast by 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.
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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.
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
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
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