Global Alkaline Water Electrolysis Market Size & Outlook
The alkaline water electrolysis industry worldwide is expected to reach a projected revenue of US$ 500.4 million by 2030. A compound annual growth rate of 19.9% is expected of the worldwide alkaline water electrolysis industry from 2024 to 2030.
Revenue, 2023 (US$M)
$140.4
Forecast, 2030 (US$M)
$500.4
CAGR, 2024 - 2030
19.9%
Report Coverage
Worldwide
Global alkaline water electrolysis market, 2018-2030 (US$M)
Global alkaline water electrolysis market highlights
- The global alkaline water electrolysis market generated a revenue of USD 140.4 million in 2023 and is expected to reach USD 500.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.9% by 2030.
- In terms of segment, < 10 m3/h accounted for a revenue of USD 140.4 million in 2023.
- < 10 m3/h is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 140.4 million |
| Market revenue in 2030 | USD 500.4 million |
| Growth rate | 19.9% (CAGR from 2023 to 2030) |
| Largest segment | < 10 m3/h |
| Fastest growing segment | < 10 m3/h |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | < 10 m3/h |
Other key industry trends
- In terms of revenue, the North America accounted for 18.0% of the global alkaline water electrolysis market in 2023.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Alkaline Water Electrolysis Market Scope
Alkaline water electrolysis market segmentation & scope
Application
Power Plants
Steel Plants
Electronics and PV
Industrial Gases
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Russia
China
Japan
India
Australia
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Alkaline Water Electrolysis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global alkaline water electrolysis market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
