The global agriculture equipment market outlook projects growth from USD 180.81 billion in 2023 to USD 296.61 billion by 2030, exhibiting a CAGR of 7.3%.
According to Fortune Business Insights, the global agriculture equipment market size is projected to reach $296.61 billion by 2030 from its value $180.81.
Segmentation
The water electrolysis market analysis is segmented into product category, end-users, and region. The product category segment is sub-segmented into proton exchange membrane and alkaline water electrolysis. Of these, the alkaline water electrolysis segment accounts for the largest market share.
The end-user segment is sub-segmented into chemicals, electronics & semiconductors, power plants, petroleum, pharmaceuticals, and others. Among these, the chemicals segment accounts for the largest market share, followed by pharmaceuticals. The region segment is sub-segmented into Europe, Americas, Asia Pacific, and rest-of-the-world.
Regional Analysis
North America dominates the global water electrolysis market. Americas is a hub for the development of hydrogen through water electrolysis. Especially, the US has maintained and developed specific codes and standards to ensure that hydrogen and fuel cell products are safe and environment-friendly.
Water Purifier Market Analysis
Market Research Future (MRFR) predicts
Water purifiers are systems or items of equipment that purify drinking water. Water purifiers use a variety of technologies, including activated carbon, UV technology, and reverse osmosis (RO). The need for water purifiers has grown over time due to a rise in contaminants, dissolved solids, chemical substances, and other materials.
Water quality is declining as a result of increasing water contamination caused by continuous industrial expansion and unmonitored waste discharge into water sources. With growing consumer health concerns, demand for water purifiers is expected to rise at a rapid pace during the forecast period.