Press release
Water Electrolysis 2017 Global Market Expected to Grow at CAGR of 6.31% percent and Forecast to 2023
Water Electrolysis Market Market 2017
Summary:
Global Water Electrolysis Market Information Report by Technology (Alkaline Water Electrolysis and Proton Exchange Membrane), by End-User (Chemical Industry, Petroleum Industry, Pharmaceuticals Industry, Power Plants, Electronics & Semiconductor Industry, and Others), and by Region - Forecast to 2023
Key Players
The key players of Global Water Electrolysis Market report include-
ThyssenKrupp Ag (Germany)
Linde AG (Germany)
Air Products and Chemicals, Inc. (U.S.)
Siemens AG (Germany), ProtonOnsite (U.S.)
Teledyne Energy System Inc. (U.S.)
Areva H2Gen (France)
Hydrogenics Corporation (Canada)
Erre Due s.p.a (Italy)
Peak Scientific (Scotland)
The global water electrolysis market is expected to reach USD 11,426.8 million by 2023 with 6.31% CAGR.
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The global water electrolysis market is expected to witness high growth during the forecast period. The growth of the water electrolysis market is mainly due to the increase in use of water electrolysis by end-user, growing demand of carbon free source of energy, and highly effective way of integrating renewables through power with gas facility. Water electrolysis is majorly used in chemical industry and petroleum industry. The growth in the chemical industry is expected to drive the water electrolysis market. The hydrogen that is produced through water electrolysis is free from carbon and environment friendly. This will increase the use of carbon free source of energy, which will drive the market.
The market is segmented on the basis of technology, end-user, and region. On the basis of technology, the market is segmented as alkaline water electrolysis and proton exchange membrane. Alkaline water electrolysis accounted for the largest market share and is projected to grow during the forecast period due to the increased use of this technology for large-scale hydrogen production. Based on end-users, chemical industry segment accounted for the largest market share during the forecast period due to increase use of water electrolysis by chemical industry. Petroleum accounted for the second largest segment due to the increased production and high investment in research and development.
The report for Global Water Electrolysis Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Complete Report Details @ https://www.marketresearchfuture.com/reports/water-electrolysis-market-4133
Table of Contents
1 EXECUTIVE SUMMARY
2 INTRODUCTION.
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
5 MARKET FACTOR ANALYSIS
6 GLOBAL WATER ELECTROLYSIS MARKET, BY TECHNOLOGY
7 GLOBAL WATER ELECTROLYSIS MARKET, BY END-USER
8 GLOBAL WATER ELECTROLYSIS MARKET, BY REGION
9 COMPETITIVE SCENERIO
10 COMPANY PROFILES
11 LIST OF TABLES
12 LIST OF FIGURES
Continued…….
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MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important question. In order to stay updated with technology and work process of the industry
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Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
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