Table of Content

Executive Summary
Scope of the Study

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Rising Interest in Green Hydrogen as a Clean Energy Source
1.1.1.2 Advancements in Power Electronics
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem of Power Supply Equipment Market for Water Electrolysis
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory/Certification Bodies
1.1.3.3 Government Programs
1.1.4 Total Addressable Market for Hydrogen & Serviceable Market for Electrolyzer, by 2050
1.1.5 Key Strategies Adopted Across Globe: Sustainable Hydrogen
1.1.6 Recent and Upcoming Key Green Hydrogen Projects (2020-2024)
1.1.7 Impact of COVID-19 on the Power Supply Equipment Market for Water Electrolysis
1.2 Snapshot of Water Electrolysis Market
1.2.1 Leading Countries in the Water Electrolysis Market
1.2.2 Leading Companies in the Water Electrolysis Market
1.2.3 Water Electrolysis Market Projections
1.3 Snapshot of Green Hydrogen Market
1.3.1 Leading Countries in the Green Hydrogen Market
1.3.2 Leading Companies in the Green Hydrogen Market
1.3.3 Green Hydrogen Market Projections
1.4 Business Dynamics
1.4.1 Business Drivers
1.4.1.1 Shift toward Renewable Energy Integration
1.4.1.2 Government Support for Renewable Hydrogen Production
1.4.2 Business Challenges
1.4.2.1 Expensive Hydrogen Technology
1.4.2.2 High Energy Losses during the Electrolysis Process
1.4.3 Business Strategies
1.4.4 Product Developments
1.4.5 Market Developments
1.4.6 Corporate Strategies
1.4.7 Mergers and Acquisitions
1.4.8 Partnerships and Joint Ventures
1.4.9 Business Opportunities
1.4.9.1 Advancements in Electrolysis Technology
1.4.9.2 Lucrative Demand for Water Electrolysis from End-User Industries
1.5 Start-Up Landscape
1.5.1 Key Start-Ups in the Ecosystem

2 Region
2.1 Europe
2.1.1 Market
2.1.1.1 Key Producers and Suppliers in Europe
2.1.1.2 Business Drivers
2.1.1.3 Business Challenges
2.1.2 Application
2.1.2.1 Europe Power Supply Equipment Market for Water Electrolysis (by Application), Value Data
2.1.3 Product
2.1.3.1 Europe Power Supply Equipment Market for Water Electrolysis (by Equipment Type), Value Data
2.1.4 Europe (by Country)
2.1.4.1 Germany
2.1.4.1.1 Market
2.1.4.1.1.1 Buyer Attributes
2.1.4.1.1.2 Key Producers and Suppliers in Germany
2.1.4.1.1.3 Regulatory Landscape
2.1.4.1.1.4 Business Drivers
2.1.4.1.1.5 Business Challenges
2.1.4.1.2 Application
2.1.4.1.2.1 Germany Power Supply Equipment Market for Water Electrolysis (by Application), Value Data
2.1.4.1.3 Products
2.1.4.1.3.1 Germany Power Supply Equipment Market for Water Electrolysis (by Equipment Type), Value Data
2.1.4.2 France
2.1.4.2.1 Market
2.1.4.2.1.1 Buyer Attribute
2.1.4.2.1.2 Key Producers and Suppliers in France
2.1.4.2.1.3 Regulatory Landscape
2.1.4.2.1.4 Business Drivers
2.1.4.2.1.5 Business Challenges
2.1.4.2.2 Application
2.1.4.2.2.1 France Power Supply Equipment Market for Water Electrolysis (by Application), Value Data
2.1.4.2.3 Product
2.1.4.2.3.1 France Power Supply Equipment Market for Water Electrolysis (by Equipment Type), Value Data
2.1.4.3 Netherlands
2.1.4.3.1 Market
2.1.4.3.1.1 Buyer Attribute
2.1.4.3.1.2 Key Producers and Suppliers in the Netherlands
2.1.4.3.1.3 Regulatory Landscape
2.1.4.3.1.4 Business Drivers
2.1.4.3.1.5 Business Challenges
2.1.4.3.2 Application
2.1.4.3.2.1 Netherlands Power Supply Equipment Market for Water Electrolysis (by Application), Value Data
2.1.4.3.3 Product
2.1.4.3.3.1 Netherlands Power Supply Equipment Market for Water Electrolysis (by Equipment Type), Value Data
2.1.4.4 Spain
2.1.4.4.1 Market
2.1.4.4.1.1 Buyer Attribute
2.1.4.4.1.2 Key Producers and Suppliers in Spain
2.1.4.4.1.3 Regulatory Landscape
2.1.4.4.1.4 Business Drivers
2.1.4.4.1.5 Business Challenges
2.1.4.4.2 Application
2.1.4.4.2.1 Spain Power Supply Equipment Market for Water Electrolysis (by Application), Value Data
2.1.4.4.3 Product
2.1.4.4.3.1 Spain Power Supply Equipment Market for Water Electrolysis (by Equipment Type), Value Data
2.1.4.5 Rest-of-Europe
2.1.4.5.1 Market
2.1.4.5.1.1 Buyer Attribute
2.1.4.5.1.2 Key Producers and Suppliers in Rest-of-Europe
2.1.4.5.1.3 Business Drivers
2.1.4.5.1.4 Business Challenges
2.1.4.5.2 Application
2.1.4.5.2.1 Rest-of-Europe Power Supply Equipment Market for Water Electrolysis (by Application), Value Data
2.1.4.5.3 Product
2.1.4.5.3.1 Rest-of-Europe Power Supply Equipment Market for Water Electrolysis (by Equipment Type), Value Data
2.2 U.K.
2.2.1 Market
2.2.1.1 Buyer Attributes
2.2.1.2 Key Producers and Suppliers in the U.K.
2.2.1.3 Regulatory Landscape
2.2.1.4 Business Drivers
2.2.1.5 Business Challenges
2.2.2 Application
2.2.2.1 U.K. Power Supply Equipment Market for Water Electrolysis (by Application), Value Data
2.2.3 Product
2.2.3.1 U.K. Power Supply Equipment Market for Water Electrolysis (by Equipment Type), Value Data

3 Markets - Competitive Benchmarking & Company Profiles
3.1 Competitive Benchmarking
3.1.1 Competitive Position Matrix
3.1.2 Product Matrix for Key Companies, Equipment Type
3.1.3 Market Share Analysis of Key Companies, 2022
3.2 Company Profiles
3.2.1 AEG Power Solutions B.V.
3.2.1.1 Company Overview
3.2.1.1.1 Role of AEG Power Solutions B.V. in the Power Supply Equipment Market for Water Electrolysis
3.2.1.1.2 Product Portfolio
3.2.1.1.3 Production Sites
3.2.1.2 Corporate Strategies
3.2.1.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
3.2.1.3 Analyst View
3.2.2 Ingeteam
3.2.2.1 Company Overview
3.2.2.1.1 Role of Ingeteam in the Power Supply Equipment Market for Water Electrolysis
3.2.2.1.2 Product Portfolio
3.2.2.1.3 Production Sites
3.2.2.2 Business Strategies
3.2.2.2.1 Product Development
3.2.2.3 Corporate Strategies
3.2.2.3.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
3.2.2.4 R&D Analysis
3.2.2.5 Analyst View
3.2.3 Comeca Group
3.2.3.1 Company Overview
3.2.3.1.1 Role of Comeca Group in the Power Supply Equipment Market for Water Electrolysis
3.2.3.1.2 Product Portfolio
3.2.3.1.3 Production Sites
3.2.3.2 Analyst View
3.2.4 Nidec Industrial Solutions
3.2.4.1 Company Overview
3.2.4.1.1 Role of Nidec Industrial Solutions in the Power Supply Equipment Market for Water Electrolysis
3.2.4.1.2 Product Portfolio
3.2.4.1.3 Production Sites
3.2.4.2 Business Strategies
3.2.4.2.1 Market Development
3.2.4.3 Corporate Strategies
3.2.4.3.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
3.2.4.4 Analyst View
3.2.5 Danfoss Drives
3.2.5.1 Company Overview
3.2.5.1.1 Role of Danfoss Drives in the Power Supply Equipment Market for Water Electrolysis
3.2.5.1.2 Product Portfolio
3.2.5.1.3 Production Sites
3.2.5.2 Corporate Strategies
3.2.5.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
3.2.5.3 Analyst View
3.2.6 Prodrive Technologies
3.2.6.1 Company Overview
3.2.6.1.1 Role of Prodrive Technologies in the Power Supply Equipment Market for Water Electrolysis
3.2.6.1.2 Product Portfolio
3.2.6.1.3 Production Sites
3.2.6.2 Analyst View
3.2.7 FRIEM SPA
3.2.7.1 Company Overview
3.2.7.1.1 Role of FRIEM SPA in the Power Supply Equipment Market for Water Electrolysis
3.2.7.1.2 Product Portfolio
3.2.7.1.3 Production Sites
3.2.7.2 Corporate Strategies
3.2.7.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
3.2.7.3 Analyst View
3.2.8 ABB
3.2.8.1 Company Overview
3.2.8.1.1 Role of ABB in the Power Supply Equipment Market for Water Electrolysis
3.2.8.1.2 Product Portfolio
3.2.8.1.3 Production Sites
3.2.8.2 Corporate Strategies
3.2.8.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
3.2.8.3 R&D Analysis
3.2.8.4 Analyst View
3.2.9 KraftPowercon
3.2.9.1 Company Overview
3.2.9.1.1 Role of KraftPowercon in the Power Supply Equipment Market for Water Electrolysis
3.2.9.1.2 Product Portfolio
3.2.9.1.3 Production Sites
3.2.9.2 Analyst View
3.2.10 Mak Plus Power Systems
3.2.10.1 Company Overview
3.2.10.1.1 Role of Mak Plus Power Systems in the Power Supply Equipment Market for Water Electrolysis
3.2.10.1.2 Product Portfolio
3.2.10.1.3 Production Sites
3.2.10.2 Analyst View
3.2.11 MUNK GmbH
3.2.11.1 Company Overview
3.2.11.1.1 Role of MUNK GmbH in the Power Supply Equipment Market for Water Electrolysis
3.2.11.1.2 Product Portfolio
3.2.11.1.3 Production Sites
3.2.11.2 Analyst View
3.2.12 SMA Solar Technology AG
3.2.12.1 Company Overview
3.2.12.1.1 Role of SMA Solar Technology AG in the Power Supply Equipment Market for Water Electrolysis
3.2.12.1.2 Product Portfolio
3.2.12.1.3 Production Sites
3.2.12.1.4 R&D Analysis
3.2.12.2 Analyst View

4 Research Methodology
List of Figures
Figure 1: Europe Power Supply Equipment Market for Water Electrolysis Snapshot, $Million, 2022, 2023, 2032
Figure 2: Europe Power Supply Equipment Market for Water Electrolysis (by Application), $Million, 2022, 2032
Figure 3: Europe Power Supply Equipment Market for Water Electrolysis (by Equipment Type), $Million, 2022, 2032
Figure 4: Power Supply Equipment Market for Water Electrolysis (by Region), $Million, 2022, 2032
Figure 5: Supply Chain Analysis of the Power Supply Equipment Market for Water Electrolysis
Figure 6: Total Addressable Market for Hydrogen & Serviceable Market for Electrolyzer, by 2050
Figure 7: Green Hydrogen Commitment from Nations Worldwide
Figure 8: Water Electrolysis Market Snapshot
Figure 9: Green Hydrogen Market Snapshot
Figure 10: Onshore Wind Capacity Addition (GW)
Figure 11: Ingeteam: R&D Expenditure
Figure 12: ABB: R&D Expenditure
Figure 13: SMA Solar Technology AG: R&D Expenditure
Figure 14: Research Methodology
Figure 15: Top-Down and Bottom-Up Approach
Figure 16: Power Supply Equipment Market for Water Electrolysis Influencing Factors
Figure 17: Assumptions and Limitations
List of Tables
Table 1: Consortiums and Associations
Table 2: Regulatory/Certification Bodies
Table 3: Recent and Upcoming Key Green Hydrogen Projects (2020-2024)
Table 4: List of Hydrogen Programs by Some Major Countries
Table 5: Key Product Developments
Table 6: Key Market Developments (2020-2023)
Table 7: Key Mergers and Acquisitions
Table 8: Key Partnerships and Joint Ventures
Table 9: Europe Power Supply Equipment Market for Water Electrolysis (by Application), $Million, 2022-2032
Table 10: Europe Power Supply Equipment Market for Water Electrolysis (by Equipment Type), $Million, 2022-2032
Table 11: Germany Power Supply Equipment Market for Water Electrolysis (by Application), $Million, 2022-2032
Table 12: Germany Power Supply Equipment Market for Water Electrolysis (by Equipment Type), $Million, 2022-2032
Table 13: France Power Supply Equipment Market for Water Electrolysis (by Application), $Million, 2022-2032
Table 14: France Power Supply Equipment Market for Water Electrolysis (by Equipment Type), $Million, 2022-2032
Table 15: Netherlands Power Supply Equipment Market for Water Electrolysis (by Application), $Million, 2022-2032
Table 16: Netherlands Power Supply Equipment Market for Water Electrolysis (by Equipment Type), $Million, 2022-2032
Table 17: Spain Power Supply Equipment Market for Water Electrolysis (by Application), $Million, 2022-2032
Table 18: Spain Power Supply Equipment Market for Water Electrolysis (by Equipment Type), $Million, 2022-2032
Table 19: Rest-of-Europe Power Supply Equipment Market for Water Electrolysis (by Application), $Million, 2022-2032
Table 20: Rest-of-Europe Power Supply Equipment Market for Water Electrolysis (by Equipment Type), $Million, 2022-2032
Table 21: U.K. Power Supply Equipment Market for Water Electrolysis (by Application), $Million, 2022-2032
Table 22: U.K. Power Supply Equipment Market for Water Electrolysis (by Equipment Type), $Million, 2022-2032
Table 23: Product Matrix for Key Companies, Equipment Type
Table 24: Market Share of Key Companies Analysis, 2022