Sep 15, 2023

Some of the prominent players and suppliers operating and contributing significantly to the global water as a fuel market growth include Panasonic Corporation, Plug Power Inc., Ballard Power Systems, Bloom Energy, AFC Energy Plc, Hydrogenics Corporation, Heliogen, Enapter, ITM Power, and SFC Energy AG, among others. Global Water as a Fuel Market: Segmental and Market Share Analysis On the basis of fuel type, in 2022, the hydrogen segment dominated the water fuel market share. It is created using electrolysis, coal combustion, and natural gas steam reforming. On the basis of technology, the natural gas reforming segment led the market in 2022, owing to increased projects for green and blue hydrogen production. Report Synopsis Rising demand for clean energy source Companies Profiled Panasonic Corporation, Plug Power Inc., Ballard Power Systems, Bloom Energy, AFC Energy Plc, Hydrogenics Corporation, Heliogen, Enapter, ITM Power, and SFC Energy AG Explore more about this report- https://store.rationalstat.com/store/global-water-as-a-fuel-market/#tab-ux_global_tab Competition Analysis and Market Structure These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global water as a fuel market include, In March 2023, Ballard Power Systems and First Mode announced a purchase order for 30 hydrogen fuel cell modules (3 Megawatts) for diesel-free mining vehicles. In November 2022, Enel Green Power S.p.A. (EGP), Enel's worldwide renewables subsidiary, and Australian green energy developer Fortescue Future Industries (FFI) have formed a collaboration to investigate the co-development of the green hydrogen value chain, with an initial focus on Australia and Latin America. RationalStat has segmented the global water as a fuel market based on fuel type, technology, end use and region Global Water as a Fuel Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Fuel Type Hydrogen Fuel Oxyhydrogen Fuel Global Water as a Fuel Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Technology Electrolysis Natural Gas Reforming Global Water as a Fuel Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by End User Transportation For more information about this report- https://store.rationalstat.com/store/global-water-as-a-fuel-market/#tab-ux_global_tab Key Questions Answered in the Water as a Fuel Report: What will be the market value of the global water as a fuel market by 2030? What is the market size of the global water as a fuel market? What are the market drivers of the global water as a fuel market? What are the key trends in the global water as a fuel market? Which is the leading region in the global water as a fuel market? What are the major companies operating in the global water as a fuel market? What are the market shares by key segments in the global water as a fuel market? Explore Our Trending Reports Global Solar Energy and Battery Storage Market - Global Solar Energy and Battery Storage Market is expected to grow at a CAGR of 7.8% over the forecast period of 2022-2028. Global Bipolar Plates (Fuel Cell Component) Market - Global bipolar plates (fuel cell component) market is expected to reach a market value of US$ 4.1 billion in 2022 and is expected to grow at a significant CAGR of over 7.7% over the forecast period of 2023-2028. Global Advanced Biofuels Market - Global advanced biofuels market is expected to grow at a CAGR of over 20% over the forecast period of 2022-2028. Green Hydrogen Market - Green hydrogen market is expected to grow at a CAGR of 40 % during the forecast period of 2019-2028. 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