WaaF(Water As A Fuel) 시장(2025-2029년)

The global water as a fuel market is forecasted to grow by USD 4678.7 mn during 2024-2029, accelerating at a CAGR of 12.5% during the forecast period. The report on the global water as a fuel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by global decarbonization policies and net-zero commitments, strategic imperative for energy security and independence, technological advancements and cost reduction in electrolysis.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's global water as a fuel market is segmented as below:

By Type

• Hydrogen fuel
• Oxyhydrogen fuel

By Technology

• Natural gas reforming
• Electrolysis

By End-User

• Transportation
• Power generation
• Material handling equipment
• Others

Geography

• North America
  • US
  • Canada
  • Mexico
• APAC
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • The Netherlands
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East and Africa
  • South Africa
  • UAE
  • Turkey
• Rest of World (ROW)

This study identifies the development of large-scale hydrogen hubs and valleys as one of the prime reasons driving the global water as a fuel market growth during the next few years. Also, increasing focus on hydrogen derivatives for transport and trade and emergence of cross-border hydrogen trade agreements will lead to sizable demand in the market.

The report on the global water as a fuel market covers the following areas:

• Global water as a fuel market sizing
• Global water as a fuel market forecast
• Global water as a fuel market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global water as a fuel market vendors that include Air Liquide SA, Ballard Power Systems Inc., Bloom Energy Corp., Cummins Inc., Enel Spa, ENGIE SA, Exxon Mobil Corp., FuelCell Energy Inc., Iberdrola SA, ITM Power PLC, Linde Plc, McPhy Energy SA, Nel ASA, Orsted AS, Panasonic Holdings Corp., Plug Power Inc., Siemens Energy AG, Sinopec Shanghai Co. Ltd.. Also, the global water as a fuel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary

• 1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market by Geography
  • Executive Summary - Chart on Market Segmentation by Type
  • Executive Summary - Chart on Market Segmentation by Technology
  • Executive Summary - Chart on Market Segmentation by End-user
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

• 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
• 2.2 Criticality of inputs and Factors of differentiation
• 2.3 Factors of disruption
• 2.4 Impact of drivers and challenges

3 Market Landscape

• 3.1 Market ecosystem
• 3.2 Market characteristics
• 3.3 Value chain analysis

4 Market Sizing

• 4.1 Market definition
• 4.2 Market segment analysis
  • Market segments
• 4.3 Market size 2024
• 4.4 Market outlook: Forecast for 2024-2029

5 Historic Market Size

• 5.1 Global Water As A Fuel Market 2019 - 2023
  • Historic Market Size - Data Table on Global Water As A Fuel Market 2019 - 2023 ($ million)
• 5.2 Type segment analysis 2019 - 2023
  • Historic Market Size - Type Segment 2019 - 2023 ($ million)
• 5.3 Technology segment analysis 2019 - 2023
  • Historic Market Size - Technology Segment 2019 - 2023 ($ million)
• 5.4 End-user segment analysis 2019 - 2023
  • Historic Market Size - End-user Segment 2019 - 2023 ($ million)
• 5.5 Geography segment analysis 2019 - 2023
  • Historic Market Size - Geography Segment 2019 - 2023 ($ million)
• 5.6 Country segment analysis 2019 - 2023
  • Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

• 6.1 Impact of AI in global water as a fuel market

7 Five Forces Analysis

• 7.1 Five forces summary
  • Five forces analysis - Comparison between 2024 and 2029
• 7.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2024 and 2029
• 7.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2024 and 2029
• 7.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2024 and 2029
• 7.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2024 and 2029
• 7.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2024 and 2029
• 7.7 Market condition

8 Market Segmentation by Type

• 8.1 Market segments
• 8.2 Comparison by Type
• 8.3 Hydrogen fuel - Market size and forecast 2024-2029
• 8.4 Oxyhydrogen fuel - Market size and forecast 2024-2029
• 8.5 Market opportunity by Type
  • Market opportunity by Type ($ million)

9 Market Segmentation by Technology

• 9.1 Market segments
• 9.2 Comparison by Technology
• 9.3 Natural gas reforming - Market size and forecast 2024-2029
• 9.4 Electrolysis - Market size and forecast 2024-2029
• 9.5 Market opportunity by Technology
  • Market opportunity by Technology ($ million)

10 Market Segmentation by End-user

• 10.1 Market segments
• 10.2 Comparison by End-user
• 10.3 Transportation - Market size and forecast 2024-2029
• 10.4 Power generation - Market size and forecast 2024-2029
• 10.5 Material handling equipment - Market size and forecast 2024-2029
• 10.6 Others - Market size and forecast 2024-2029
• 10.7 Market opportunity by End-user
  • Market opportunity by End-user ($ million)

11 Customer Landscape

• 11.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

• 12.1 Geographic segmentation
• 12.2 Geographic comparison
• 12.3 North America - Market size and forecast 2024-2029
  • 12.3.1 US - Market size and forecast 2024-2029
  • 12.3.2 Canada - Market size and forecast 2024-2029
  • 12.3.3 Mexico - Market size and forecast 2024-2029
• 12.4 APAC - Market size and forecast 2024-2029
  • 12.4.1 China - Market size and forecast 2024-2029
  • 12.4.2 Japan - Market size and forecast 2024-2029
  • 12.4.3 India - Market size and forecast 2024-2029
  • 12.4.4 South Korea - Market size and forecast 2024-2029
  • 12.4.5 Australia - Market size and forecast 2024-2029
  • 12.4.6 Indonesia - Market size and forecast 2024-2029
• 12.5 Europe - Market size and forecast 2024-2029
  • 12.5.1 Germany - Market size and forecast 2024-2029
  • 12.5.2 UK - Market size and forecast 2024-2029
  • 12.5.3 France - Market size and forecast 2024-2029
  • 12.5.4 Italy - Market size and forecast 2024-2029
  • 12.5.5 Spain - Market size and forecast 2024-2029
  • 12.5.6 The Netherlands - Market size and forecast 2024-2029
• 12.6 South America - Market size and forecast 2024-2029
  • 12.6.1 Brazil - Market size and forecast 2024-2029
  • 12.6.2 Argentina - Market size and forecast 2024-2029
  • 12.6.3 Colombia - Market size and forecast 2024-2029
• 12.7 Middle East and Africa - Market size and forecast 2024-2029
  • 12.7.1 South Africa - Market size and forecast 2024-2029
  • 12.7.2 UAE - Market size and forecast 2024-2029
  • 12.7.3 Saudi Arabia - Market size and forecast 2024-2029
  • 12.7.4 Israel - Market size and forecast 2024-2029
  • 12.7.5 Turkey - Market size and forecast 2024-2029
• 12.8 Market opportunity by geography
  • Market opportunity by geography ($ million)
  • Data Tables on Market opportunity by geography ($ million)

13 Drivers, Challenges, and Opportunity

• 13.1 Market drivers
  • Global decarbonization policies and net-zero commitments
  • Strategic imperative for energy security and independence
  • Technological advancements and cost reduction in electrolysis
• 13.2 Market challenges
  • High production cost and economic viability
  • Lack of developed infrastructure for storage and distribution
  • Insufficient scale of renewable energy generation
• 13.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029
• 13.4 Market opportunities
  • Development of large-scale hydrogen hubs and valleys
  • Increasing focus on hydrogen derivatives for transport and trade
  • Emergence of cross-border hydrogen trade agreements

14 Competitive Landscape

• 14.1 Overview
• 14.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
• 14.3 Landscape disruption
  • Overview on factors of disruption
• 14.4 Industry risks
  • Impact of key risks on business

15 Competitive Analysis

• 15.1 Companies profiled
  • Companies covered
• 15.2 Company ranking index
  • Company ranking index
• 15.3 Market positioning of companies
  • Matrix on companies position and classification
• 15.4 Air Liquide SA
  • Air Liquide SA - Overview
  • Air Liquide SA - Product / Service
  • Air Liquide SA - Key news
  • Air Liquide SA - Key offerings
  • SWOT
• 15.5 Ballard Power Systems Inc.
  • Ballard Power Systems Inc. - Overview
  • Ballard Power Systems Inc. - Product / Service
  • Ballard Power Systems Inc. - Key offerings
  • SWOT
• 15.6 Bloom Energy Corp.
  • Bloom Energy Corp. - Overview
  • Bloom Energy Corp. - Product / Service
  • Bloom Energy Corp. - Key offerings
  • SWOT
• 15.7 Cummins Inc.
  • Cummins Inc. - Overview
  • Cummins Inc. - Business segments
  • Cummins Inc. - Key news
  • Cummins Inc. - Key offerings
  • Cummins Inc. - Segment focus
  • SWOT
• 15.8 Enel Spa
  • Enel Spa - Overview
  • Enel Spa - Product / Service
  • Enel Spa - Key offerings
  • SWOT
• 15.9 Exxon Mobil Corp.
  • Exxon Mobil Corp. - Overview
  • Exxon Mobil Corp. - Business segments
  • Exxon Mobil Corp. - Key news
  • Exxon Mobil Corp. - Key offerings
  • Exxon Mobil Corp. - Segment focus
  • SWOT
• 15.10 FuelCell Energy Inc.
  • FuelCell Energy Inc. - Overview
  • FuelCell Energy Inc. - Product / Service
  • FuelCell Energy Inc. - Key offerings
  • SWOT
• 15.11 Iberdrola SA
  • Iberdrola SA - Overview
  • Iberdrola SA - Business segments
  • Iberdrola SA - Key offerings
  • Iberdrola SA - Segment focus
  • SWOT
• 15.12 Linde Plc
  • Linde Plc - Overview
  • Linde Plc - Business segments
  • Linde Plc - Key news
  • Linde Plc - Key offerings
  • Linde Plc - Segment focus
  • SWOT
• 15.13 Nel ASA
  • Nel ASA - Overview
  • Nel ASA - Business segments
  • Nel ASA - Key offerings
  • Nel ASA - Segment focus
  • SWOT
• 15.14 Orsted AS
  • Orsted AS - Overview
  • Orsted AS - Product / Service
  • Orsted AS - Key offerings
  • SWOT
• 15.15 Panasonic Holdings Corp.
  • Panasonic Holdings Corp. - Overview
  • Panasonic Holdings Corp. - Business segments
  • Panasonic Holdings Corp. - Key news
  • Panasonic Holdings Corp. - Key offerings
  • Panasonic Holdings Corp. - Segment focus
  • SWOT
• 15.16 Plug Power Inc.
  • Plug Power Inc. - Overview
  • Plug Power Inc. - Product / Service
  • Plug Power Inc. - Key offerings
  • SWOT
• 15.17 Siemens Energy AG
  • Siemens Energy AG - Overview
  • Siemens Energy AG - Business segments
  • Siemens Energy AG - Key news
  • Siemens Energy AG - Key offerings
  • Siemens Energy AG - Segment focus
  • SWOT
• 15.18 Sinopec Shanghai Co. Ltd.
  • Sinopec Shanghai Co. Ltd. - Overview
  • Sinopec Shanghai Co. Ltd. - Business segments
  • Sinopec Shanghai Co. Ltd. - Key news
  • Sinopec Shanghai Co. Ltd. - Key offerings
  • Sinopec Shanghai Co. Ltd. - Segment focus
  • SWOT

16 Appendix

• 16.1 Scope of the report
  • Market definition
  • Objectives
  • Notes and caveats
• 16.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
• 16.3 Currency conversion rates for US$
  • Currency conversion rates for US$
• 16.4 Research methodology
  • Research methodology
• 16.5 Data procurement
  • Information sources
• 16.6 Data validation
  • Data validation
• 16.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
• 16.8 Data synthesis
  • Data synthesis
• 16.9 360 degree market analysis
  • 360 degree market analysis
• 16.10 List of abbreviations
  • List of abbreviations