| Product Code: ETC4757891 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Norway saw a significant increase in water electrolysis import shipments with a diverse range of top exporting countries including Italy, Sweden, Germany, Metropolitan France, and Finland. Despite the growth, the Herfindahl-Hirschman Index (HHI) indicated low market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 22.61%, although there was a slight decline in the growth rate from 2023 to 2024 at -17.55%. This data suggests a dynamic and evolving market landscape for water electrolysis imports in Norway.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Water Electrolysis Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Water Electrolysis Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Water Electrolysis Market - Industry Life Cycle |
3.4 Norway Water Electrolysis Market - Porter's Five Forces |
3.5 Norway Water Electrolysis Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Norway Water Electrolysis Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Norway Water Electrolysis Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Norway Water Electrolysis Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for green hydrogen as a clean energy source |
4.2.2 Favorable government policies and incentives promoting the adoption of water electrolysis technology |
4.2.3 Growth in renewable energy sources, such as wind and solar, driving the need for energy storage solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up water electrolysis facilities |
4.3.2 Technological limitations impacting efficiency and scalability of water electrolysis |
4.3.3 Competition from alternative hydrogen production methods, such as natural gas reforming |
5 Norway Water Electrolysis Market Trends |
6 Norway Water Electrolysis Market Segmentations |
6.1 Norway Water Electrolysis Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Water Electrolysis Market Revenues & Volume, By Proton Exchange Membrane (PEM) electrolysis, 2021-2031F |
6.1.3 Norway Water Electrolysis Market Revenues & Volume, By Alkaline Electrolysis, 2021-2031F |
6.1.4 Norway Water Electrolysis Market Revenues & Volume, By Solid oxide electrolysis, 2021-2031F |
6.2 Norway Water Electrolysis Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Norway Water Electrolysis Market Revenues & Volume, By Semiconductor, 2021-2031F |
6.2.3 Norway Water Electrolysis Market Revenues & Volume, By Electrode Coating, 2021-2031F |
6.2.4 Norway Water Electrolysis Market Revenues & Volume, By Others, 2021-2031F |
6.3 Norway Water Electrolysis Market, By Industry Vertical |
6.3.1 Overview and Analysis |
6.3.2 Norway Water Electrolysis Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.3 Norway Water Electrolysis Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.4 Norway Water Electrolysis Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.5 Norway Water Electrolysis Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Norway Water Electrolysis Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.7 Norway Water Electrolysis Market Revenues & Volume, By Others, 2021-2031F |
7 Norway Water Electrolysis Market Import-Export Trade Statistics |
7.1 Norway Water Electrolysis Market Export to Major Countries |
7.2 Norway Water Electrolysis Market Imports from Major Countries |
8 Norway Water Electrolysis Market Key Performance Indicators |
8.1 Electrolyzer efficiency rate |
8.2 Renewable energy penetration in the national energy mix |
8.3 Number of government-funded projects supporting water electrolysis technology |
8.4 Investment in research and development for improving water electrolysis technology |
8.5 Growth in the number of partnerships between electrolyzer manufacturers and renewable energy developers |
9 Norway Water Electrolysis Market - Opportunity Assessment |
9.1 Norway Water Electrolysis Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Norway Water Electrolysis Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Norway Water Electrolysis Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Norway Water Electrolysis Market - Competitive Landscape |
10.1 Norway Water Electrolysis Market Revenue Share, By Companies, 2024 |
10.2 Norway Water Electrolysis Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |