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Global Water Electrolysis Equipment Market Booms with 51.3% CAGR | PEM & Alkaline Electrolyzers in Focus – Valuates Reports
BANGALORE, India, April 15, 2025 /PRNewswire/ — Water Electrolysis Equipment Market is Segmented by Type (PEM Electrolyzer, Alkaline Electrolyzer), by Application (Power to Gas, Chemical Industry and Refining, Metallurgy and Steel Industry, Hydrogen Refueling Station, Power Industry, Electronics and Semiconductor).
The Global Water Electrolysis Equipment Market was valued at USD 885 Million in 2023 and is anticipated to reach USD 18840 Million by 2030, witnessing a CAGR of 51.3% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Water Electrolysis Equipment Market:
The water electrolysis equipment market is witnessing robust growth driven by global energy transition efforts and the accelerating adoption of hydrogen as a clean energy carrier. The rising demand across industrial sectors, coupled with strong policy backing and falling system costs, is fueling market expansion. Both PEM and alkaline technologies are gaining ground, with newer entrants exploring solid oxide alternatives. Strategic collaborations, green hydrogen mega projects, and integration with renewables are propelling innovation and commercialization. As hydrogen becomes central to decarbonization, the market is poised for sustained, long-term development across diverse applications.
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TRENDS INFLUENCING THE GROWTH OF THE WATER ELECTROLYSIS EQUIPMENT MARKET:
Proton Exchange Membrane (PEM) electrolyzers are significantly contributing to the expansion of the water electrolysis equipment market due to their high efficiency and compact design. These systems are particularly favorable for dynamic operations and intermittent power supply from renewable sources like solar and wind. Their ability to operate at high current densities and produce high-purity hydrogen with rapid startup and shutdown cycles makes them ideal for energy storage and industrial hydrogen demand. Additionally, PEM electrolyzers are witnessing growing deployment in transportation applications, particularly for fuel cell vehicles, thereby expanding the scope of green hydrogen production. As countries push toward decarbonization, PEM electrolyzers play a pivotal role in enabling clean hydrogen ecosystems.
Alkaline electrolyzers are propelling the growth of the water electrolysis equipment market owing to their technological maturity, cost-effectiveness, and large-scale hydrogen production capabilities. These systems are widely used in industries such as chemicals, fertilizers, and metallurgy where continuous hydrogen supply is essential. Their long operational lifespan and lower capital costs compared to PEM systems make them particularly attractive for industrial-scale hydrogen production. Furthermore, governments and industries are revisiting alkaline systems with modernization upgrades to enhance energy efficiency and integrate them with renewable sources. This renewed interest, combined with their historical reliability, is reinforcing alkaline electrolyzers as a cornerstone in scaling up green hydrogen infrastructure.
Power to Gas (P2G) technologies are driving demand for water electrolysis equipment as they enable the conversion of excess renewable electricity into storable hydrogen or synthetic methane. This approach supports grid stability by utilizing surplus electricity and bridging seasonal energy supply gaps. Water electrolysis acts as the fundamental enabler in P2G by splitting water into hydrogen, which can be injected into natural gas pipelines or used directly in industrial applications. As energy transition accelerates, the integration of electrolysis units into P2G systems provides utilities and grid operators with a scalable solution for energy balancing and decarbonization, thereby fueling market growth.
National hydrogen strategies and policy frameworks are catalyzing market adoption. Several countries have introduced subsidies, grants, and regulatory support to encourage investment in electrolysis technologies. These initiatives are not only reducing the financial risks associated with large-scale projects but also boosting industry confidence in long-term hydrogen infrastructure development.
Industrial decarbonization goals are prompting sectors like steel, cement, and chemicals to adopt hydrogen as a clean energy substitute. Water electrolysis provides an efficient, zero-emission method of producing hydrogen, aligning perfectly with corporate ESG targets and carbon neutrality pathways, thereby expanding demand for electrolysis systems.
The global scale-up of solar and wind power installations is creating an environment conducive to electrolysis. These renewable sources supply the required electricity for electrolysis, allowing hydrogen to be produced cleanly and sustainably. The synchronization of electrolyzers with renewable energy grids enhances energy utilization and supports the growth of the hydrogen economy.
Fuel cell vehicles and hydrogen refueling infrastructure are gaining momentum, particularly in public transport and logistics. Electrolysis systems offer a clean method for producing hydrogen fuel on-site, reducing dependence on fossil-based hydrogen and cutting emissions in the transportation sector. This surge in fuel demand propels the electrolyzer market forward.
The adoption of hybrid renewable-electrolyzer systems for energy-intensive industrial processes is becoming a key growth driver. These setups enhance energy efficiency and reduce overall emissions. The seamless integration of electrolyzers into existing industrial ecosystems provides scalability and operational flexibility, expanding their market footprint.
Advancements in manufacturing and economies of scale are driving down the costs of electrolysis units. Innovations in catalyst materials, membrane technology, and modular design are improving system efficiency and lifespan. These trends are making electrolyzers more accessible to a broader range of end users, from SMEs to utilities.
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WATER ELECTROLYSIS EQUIPMENT MARKET SHARE:
Global key players of Water Electrolysis Equipment include Nel Hydrogen, Siemens, Plug Power, PERIC Hydrogen Technologies, Hydrogen Pro, etc. The top five players hold a share of about 46%.
China is the world’s largest market for Water Electrolysis Equipment and holds a share of about 37%, followed by Europe and North America, with shares about 31% and 21%, separately.
In terms of product type, Alkaline Electrolyzer is the largest segment, accounting for a share of about 55%.
In terms of application, Power to Gas is the largest field with a share of about 38 percent.
Key Companies:
- Cummins
- Siemens AG
- Teledyne Energy Systems
- EM Solution
- McPhy
- Nel Hydrogen
- TianJin Mainland
- ShaanXi HuaQin
- Beijing Zhongdian
- H2B2
- PERIC Hydrogen Technologies
- LONGi Green Energy Technology
- Sungrow Power Supply
- Hydrogen Pro
- Plug Power
- Cockerill Jingli Hydrogen
- Thyssenkrupp AG
- Sunfire
- SANY Hydrogen
- Shandong Saikesaisi Hydrogen Energy
- CIMC GH2 Technology
- Verde Hydrogen
- SPIC Hydrogen Technology
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
– Water Electrolysis Hydrogen Equipment Market was valued at USD 1801 Million in the year 2024 and is projected to reach a revised size of USD 24170 Million by 2031, growing at a CAGR of 45.6% during the forecast period.
– PEM Water Electrolysis Equipment for Hydrogen Production Market
– Electrolyzed Water Generation Equipment Market
– Seawater Electrolysis System Market
– Alkaline Water Electrolysis System Market
– Water Electrolysis Proton Exchange Membrane Market
– Electrolyzer Market was estimated to be worth USD 308 Million and is forecast to reach approximately USD 999 Million by 2030 with a CAGR of 18.6% during the forecast period 2024-2030.
– Alkaline Water Electrolysis Hydrogen Production System Market
– Electrolytic Water Hydrogen Production Equipment Market
– Catalyst for Hydrogen Production from Water Electrolysis Market was valued at USD 183 Million in the year 2024 and is projected to reach a revised size of USD 1927 Million by 2031, growing at a CAGR of 40.5% during the forecast period.
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Fintech PR
MEXC Announces Listing of Hyperlane (HYPER) with a 165,000 HYPER and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the Hyperlane (HYPER) listing on April 22, 2025(UTC).To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 165,000 HYPER and 50,000 USDT for new and existing users.
Hyperlane is the first permissionless, universal interoperability protocol dedicated to building a truly open and decentralized cross-chain communication infrastructure. As “The Open Interoperability Framework,” it enables anyone to freely expand, utilize, and customize the network, allowing developers to easily and securely build cross-chain applications and token bridges. To date, Hyperlane has connected over 140 blockchains, processed nearly 9 million cross-chain messages, and bridged more than $6 billion in volume through its Warp Routes.
$HYPER is the native token of the Hyperlane ecosystem, with an initial total supply of 1 billion tokens. It plays a critical role in securing the protocol through staking, rewarding validators for verifying cross-chain messages, incentivizing user-driven activity, and enabling community governance over protocol development.
To celebrate the listing, MEXC will launch an Airdrop+ event with substantial rewards for users:
Event Period: April 21, 2025, 10:00 – May 01, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 120,000 HYPER (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 15,000 HYPER (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 HYPER (For all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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Fintech PR
3D Motion Capture Market is expected to generate a revenue of USD 550.26 Million by 2031, Globally, at 12.40% CAGR: Verified Market Research®
Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, “3D Motion Capture Market Size and Forecast,” Technological advancements in optical and non-optical motion capture systems, rising demand in the entertainment and sports sectors, and increasing use in clinical biomechanics are propelling the market growth.
LEWES, Del., April 21, 2025 /PRNewswire/ — The Global 3D Motion Capture Market Size is projected to grow at a CAGR of 12.40% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 234.67 Million in 2023 and is expected to reach USD 550.26 Million by the end of the forecast period.
The 3D Motion Capture Market is witnessing consistent growth driven by its wide applicability in film production, gaming, virtual reality, and medical research. The market is gaining momentum across developed economies and is expected to see robust expansion over the next few years.
Key Highlights of the Report:
- Market Size & Forecast: Detailed market valuation projections through 2031
- Segment Analysis: By Type, By Software, By Application and Geographical Analysis
- Technology Trends: Real-time tracking, AI-driven animation, and wearable sensor integrations
- Geographical Insights: North America dominates due to technological infrastructure and demand from media & sports sectors
- Competitive Landscape: Profiles of major players
Why This Report Matters?
This report delivers data-driven insights, enabling stakeholders to understand key growth levers and barriers in the 3D Motion Capture Market. With a focus on industry trends, evolving applications, and investment opportunities, it supports strategic planning for manufacturers, investors, and tech adopters alike.
Why You Should Read This Report:
- Market Research Professionals seeking actionable industry intelligence
- B2B Clients looking to evaluate partnership or acquisition opportunities
- Industrialists & Technologists aiming to innovate motion-based applications
- Animation, Gaming, and Sports Enterprises integrating motion capture tools
- Healthcare & Biomechanics Researchers exploring real-time motion data
For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=6332
Browse in-depth TOC on “Global 3D Motion Capture Market Size“
202 – Pages
126 – Tables
37 – Figures
Report Scope
|
REPORT ATTRIBUTES |
DETAILS |
|
STUDY PERIOD |
2020-2031 |
|
BASE YEAR |
2023 |
|
FORECAST PERIOD |
2024-2031 |
|
HISTORICAL PERIOD |
2020-2022 |
|
UNIT |
Value (USD Million) |
|
KEY COMPANIES PROFILED |
Vicon Motion Systems Limited, Qualisys AB, Motion Analysis Corporation, Xsens Technologies B.V., Optitrack Synertial Labs Ltd., Phoenix Technologies Inc., Noraxon USA Inc., Codamotion, Solar Street Lights USA. |
|
SEGMENTS COVERED |
By Type, By Software, By Application, By Geography. |
|
CUSTOMIZATION SCOPE |
Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Global 3D Motion Capture Market Overview
Market Driver
Growing Demand in Media & Entertainment Sector: The rapid adoption of 3D motion capture systems is being driven by the growing need for realistic animation, visual effects in movies, and immersive gaming technology. To achieve the high production standards that are expected of studios, precise motion data and real-time tracking are required. One of the most important growth factors for manufacturers, software developers, and service providers in the motion capture ecosystem is the recent spike in applications that are based on entertainment.
Increasing Applications in Biomechanics & Healthcare: In the fields of gait analysis, rehabilitation, sports science, and clinical research, the integration of 3D motion capture technologies is becoming increasingly common. For those working in the medical field and those conducting research in biomechanics, the capability of providing correct movement data is absolutely essential. The market is gaining pace, particularly for non-intrusive and wearable capturing devices, as a result of the demand from hospitals, universities, and sporting institutions.
Advancements in Wearable and Optical Motion Capture Tech: Motion capture setups are becoming smaller, less complicated, and more affordable as a result of ongoing innovations in camera systems, sensor accuracy, and wireless wearables. Because of these improvements, new opportunities are becoming available in the fields of robotics, ergonomics, and virtual reality and their applications. As systems become more portable and scalable, there is a subsequent acceleration in the adoption of these technologies across new industries and mid-tier businesses.
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Market Restraint
High Initial Costs and Maintenance Expenses: The initial investment required for high-end 3D motion capture systems, which must include optical cameras, sensors, and processing software, continues to be substantial. Expenses are further increased by aspects such as maintenance, calibration, and periodic upgrades. The total adoption of the technology among lower-budget groups is restricted as a result of these prices, which operate as a significant barrier for small enterprises and developing market players.
Complexity in Data Processing and Integration: The generation of 3D motion capture results in the creation of vast datasets, which necessitate the use of sophisticated tools for analysis and integration into processing pipelines. It is possible for workflow efficiency to be hindered by factors such as a shortage of qualified operators, restricted compatibility across devices, and lengthy processing times. Due to these problems, implementation in businesses other than entertainment and sports is slowed significantly, which further restricts the potential for growth.
Lack of Industry-Wide Standardization: There are problems with integration and inconsistent outputs as a result of the lack of standardised protocols for motion capture data, system interoperability, and calibration methodologies. This fragmentation makes it difficult to develop for multiple platforms and hinders scalability. Enterprises that operate in many locations are subject to increased costs and hazards as a result of incompatible formats, which impedes the widespread adoption of commercial technology.
Geographical Dominance
Because of the robust demand from the entertainment, sports, and healthcare industries, the 3D Motion Capture Market is dominated by North America. The region is able to reap the benefits of a highly developed technological infrastructure, substantial investments in research and development, and the presence of significant industry players. Further strengthening its market leadership and attracting global alliances and investments is the extensive application of the technology in animation studios, defence training, and biomechanics research research.
Key Players
The “Global 3D Motion Capture Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Vicon Motion Systems Limited, Qualisys AB, Motion Analysis Corporation, Xsens Technologies B.V., Optitrack Synertial Labs Ltd., Phoenix Technologies Inc., Noraxon USA Inc., Codamotion, Solar Street Lights USA.
3D Motion Capture Market Segment Analysis
Based on the research, Verified Market Research has segmented the global market into Type, Software, Application, and Geography.
• 3D Motion Capture Market, by Type
o Hardware
o Cameras
o Sensors
• 3D Motion Capture Market, by Software
o System
o Non-Optical 3D Motion Capture Systems
o Optical 3D Motion Capture Systems
• 3D Motion Capture Market, by Application
o Education
o Media and Entertainment
o Biomechanical Research and Medical
• 3D Motion Capture Market, by Geography
o North America
§ U.S
§ Canada
§ Mexico
o Europe
§ Germany
§ France
§ U.K
§ Rest of Europe
o Asia Pacific
§ China
§ Japan
§ India
§ Rest of Asia Pacific
o ROW
§ Middle East & Africa
§ Latin America
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Fintech PR
Applied Underwriters Completes Spin-off of its Subsidiary United Risk as Newly Independent Company Expands Further Adding New Units and Top Leadership Staff
Newly independent company immediately becomes one of the largest MGAs in the world.
OMAHA, Neb., April 21, 2025 /PRNewswire/ — Mr. Jamie Sahara, President of Applied Underwriters, today announced that its subsidiary, United Risk, has been established as an independent, ‘stand-alone’ operating company. United Risk, which remains affiliated with Applied and its related companies, has grown dramatically since its unveiling in November 2023 and provides a global P&C underwriting platform comprised of 28 different MGA and MGU programs, spanning more than 30 offices around the world, including New York, London and Paris, with more than 250 insurance professionals.
Recognized for its growing volume of specialized, niche market-leading programs, United Risk is unique in the field, according to Mr. Sahara, for its talented staff, depth of marketplace intelligence and multinational presence: “I see a bright future of potential for United Risk and its leadership team who have embraced in earnest a spirited confidence to build out the best business possible. At the same time, United Risk continues to enjoy strategic partnerships with the other Applied affiliates which have proven, deep resources giving United Risk an advantage over its direct competitors as it develops on its own in difficult areas such as cyber security, IT development, artificial intelligence and branding.”
United Risk’s CFO, Alex Amezquita, who joined the company recently after having served as CFO of Herbalife and as Senior Vice President at Moelis & Company, a global investment bank, concluded: “Applied has facilitated and incubated every step of United Risk’s platform for growth up to this point. Now, there is much new ground to cover and new vistas to explore as we emerge as an insurance and financial powerhouse. Our entire team, and all of the program partners, are optimistically upbeat and ready for the challenges ahead.”
About United Risk Global (www.unitedrisk.global)
United Risk Global is an international property and casualty insurance underwriting and distribution platform independently owned and operated by its practice partners and affiliated with Applied Underwriters operationally and through its common and powerful brand identity. United Risk’s home office is located at 50 Rockefeller Plaza in New York.
About Applied Underwriters (www.auw.com)
Applied Underwriters® is a global risk services firm that helps businesses and people manage uncertainty through its business services, insurance and reinsurance solutions. As a company, Applied Underwriters has been distinguished by its innovative approaches to client care and by its strong financial strength. Applied Underwriters operates widely throughout the US, UK, EU and Middle East. Its operational headquarters is located in Omaha, Nebraska.
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