Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Water Electrolysis Market Research Report - Global

Water Electrolysis Market 2018
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
The global water electrolysis market is expected to reach USD 11,426.8 million by 2023
with 6.31% CAGR.
The key players in global water electrolysis market are 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) andPeak Scientific (Scotland).
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Market Highlights:
Electrolysis is the simplest method used for producing hydrogen in industries, such as
chemicals, petroleum, glass, refineries, automotive, pharmaceutical, metals & mining, and
others. Increase in use of water electrolysis in end-use industries and growing demand of
carbon free source of energy, are pushing the market towards growth. Furthermore,
increase in cost of water electrolyzer acts as a major restraint for the growth of market. The
growing demand of hydrogen in countries such as China and India, is expected to drive the
growth of water electrolysis market. Geographically, Asia-Pacific accounts for the largest
share of 34.20% in the global water electrolysis market in 2016.
Scope of the Report:
This study provides an overview of the global water electrolysis market, tracking three
market segments across four geographic regions. The report studies key players, providing
a five-year annual trend analysis that highlights market size, volume and share for North
America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also
provides a forecast, focusing on the market opportunities for the next five years for each
region. The scope of the study segments the global water electrolysis market by technology,
by end-user and by region.
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