Water Electrolysis
Device Market
Water Electrolysis Device Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Water Electrolysis Device Market Size and Growth
The global Water Electrolysis Device market is expected to reach a value of $1.9 billion by 2025, driven by the increasing demand for clean energy sources. Market research reports indicate a growing interest in hydrogen production through water electrolysis due to its potential applications in various industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ 718th Research Institute of CSIC
◍ Suzhou Jingli
◍ Proton On-Site
◍ Cummins
◍ Siemens
◍ Teledyne Energy Systems
◍ EM Solution
◍ McPhy
◍ Nel Hydrogen
◍ Toshiba
◍ TianJin Mainland
The competitive landscape of the Water Electrolysis Device Market includes companies such as 718th Research Institute of CSIC, Suzhou Jingli, Proton On-Site, Cummins, Siemens, Teledyne Energy Systems, and more. These companies provide innovative solutions for hydrogen production, contributing to the growth of the market. Some sales revenue figures include: - Nel Hydrogen: $155.6 million - ITM Power: $47.1 million - McPhy: $11.3 million
◍ Yangzhou Chungdean Hydrogen Equipment
◍ Elogen
◍ Erredue SpA
◍ Kobelco Eco-Solutions
◍ ITM Power
◍ Idroenergy Spa
◍ ShaanXi HuaQin
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Market Segmentation
By Application
◍ Power Plants
◍ Steel Plant
◍ Electronics and Photovoltaics
◍ Industrial Gases
◍ Energy Storage or Fueling for FCEV's
◍ Power to Gas
◍ Others
By Product
◍ Traditional Alkaline Electroliser
◍ PEM Electroliser
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Market Growth
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$ X Billion USD
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