Product Code: GVR-4-68040-386-1
Alkaline Water Electrolysis Market Size & Trends
The global alkaline water electrolysis market size was estimated at USD 140.45 million in 2023 and expected to grow at a CAGR of 19.6% from 2024 to 2030. The market is primarily driven by the increasing demand for clean and sustainable energy solutions, particularly the production of green hydrogen. As global efforts intensify to reduce carbon emissions and combat climate change, hydrogen is gaining prominence as a clean fuel alternative across various sectors, including transportation, power generation, and industrial processes.
The rising need for decarbonization solutions in industries, coupled with the growing recognition of hydrogen's versatility as an energy carrier, positions alkaline water electrolysis as a crucial technology in the quest for sustainable energy systems, thus driving significant market expansion in the coming years.
Global Alkaline Water Electrolysis Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented alkaline water electrolysis market report based on type, application, and region:
- Type Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)
- < 10 m3/h
- < 30 m3/h
- < 50 m3/h
- < 80 m3/h
- >= 80 m3/h
- Application Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)
- Power Plants
- Steel Plants
- Electronics and PV
- Industrial Gases
- Others
- Regional Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
Italy
Spain
France
Russia
China
India
Japan
Australia
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Projects & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (MW) (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Alkaline Water Electrolysis Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospects Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Price Trend Analysis, 2018 to 2030 (USD/Unit)
- 3.4.1. Key Factors Influencing Pricing
- 3.5. Regulatory Framework
- 3.5.1. Standards & Compliances
- 3.5.2. Regulatory Impact Analysis
- 3.6. Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Market Challenges Analysis
- 3.6.4. Market Opportunity Analysis
- 3.7. Business Environment Analysis
- 3.7.1. Industry analysis - porter's five forces analysis
- 3.7.2. Industry analysis - Pestle analysis
Chapter 4. Alkaline Water Electrolysis Market: Application Estimates & Trend Analysis
- 4.1. Application Movement Analysis & Market Share, 2023 & 2030
- 4.2. Vehicles
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 4.3. Cogeneration
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 4.4. Others
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
Chapter 5. Alkaline Water Electrolysis Market: Regional Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 5.3. North America
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.3.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.3.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.3.4. U.S.
- 5.3.4.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.3.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.3.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.3.5. Canada
- 5.3.5.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.3.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.3.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.3.6. Mexico
- 5.3.6.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.3.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.3.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.4. Europe
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.4.4. Germany
- 5.4.4.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.4.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.4.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.4.5. U.K.
- 5.4.5.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.4.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.4.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.4.6. France
- 5.4.6.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.4.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.4.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.4.7. Italy
- 5.4.7.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.4.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.4.7.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.4.8. Spain
- 5.4.8.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.4.8.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.4.8.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.4.9. Russia
- 5.4.9.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.4.9.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.4.9.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.5. Asia Pacific
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.5.4. China
- 5.5.4.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.5.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.5.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.5.5. India
- 5.5.5.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.5.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.5.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.5.6. Japan
- 5.5.6.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.5.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.5.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.5.7. Australia
- 5.5.7.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.5.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.5.7.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.6. Central & South America
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.6.4. Brazil
- 5.6.4.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.6.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.6.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.6.5. Argentina
- 5.6.5.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.6.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.6.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.7. Middle East & Africa
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.7.2. Mark Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.7.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.7.4. Saudi Arabia
- 5.7.4.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.7.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.7.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.7.5. South Africa
- 5.7.5.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.7.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.7.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
- 5.7.6. UAE
- 5.7.6.1. Market estimates and forecasts, 2018 - 2030 (MW) (USD Million)
- 5.7.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (MW) (USD Million)
- 5.7.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (MW) (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Key Players & Recent Developments & Their Impact on the Industry
- 6.2. Key Company/Competition Categorization (Key innovators, Market leaders, emerging players)
- 6.3. List of key Component Suppliers and Channel Partners
- 6.4. Company Market Share & Position Analysis, 2023
- 6.5. Company Heat Map Analysis
- 6.6. Competitive Dashboard Analysis
- 6.7. Strategy Mapping
- 6.7.1. Expansion
- 6.7.2. Collaboration/ Partnerships/ Agreements
- 6.7.3. New Application launches
- 6.7.4. Mergers & Acquisitions
- 6.7.5. Research & Development
- 6.7.6. Others
- 6.8. Company Listing / Profiles
- 6.8.1. ITM Power
- 6.8.1.1. Company Overview
- 6.8.1.2. Financial Performance
- 6.8.1.3. Product Benchmarking
- 6.8.2. NEL Hydrogen
- 6.8.3. Cummins
- 6.8.4. McPhy Energy
- 6.8.5. Thyssenkrupp Uhde Chlorine Engineers
- 6.8.6. Asahi Kasei
- 6.8.7. Green Hydrogen Systems
- 6.8.8. Enaex
- 6.8.9. SunHydrogen
- 6.8.10. Teledyne CARES