Global Water Electrolysis Machine Market was valued $xx Mn in 2019 and is expected to reach $xx Mn by 2026, at a CAGR of xx% during the forecast period.Global Water Electrolysis Machine Market Introduction
The water electrolysis process has been adopted rapidly in recent years with higher investments being used in hydrogen and oxygen synthesis for wastewater treatment, renewable energy, and chemical sector applications. These trends continue to bolster prospects for the market, which is set to grow at xx% CAGR during the forecast period. Electrolysis is a promising option for hydrogen production from renewable resources. Electrolysis is the process of using electricity to split water into hydrogen and oxygen. This reaction takes place in a unit called an electrolyzer. Electrolyzers can range in size from small, appliance-size equipment that is well-suited for small-scale distributed hydrogen production to large-scale, central production facilities that could be tied directly to renewable or other non-greenhouse-gas-emitting forms of electricity production.Global Water Electrolysis Machine Market Dynamics
The industrial use of hydrogen dates from almost a century ago with a wide consumption in the chemical and oil industries (89% of consumption share). However, progress must be achieved in various issues in order to accomplish the competitiveness of these technologies and develop this economic concept. Issues such as the efficiency and cost of production, storage, and transport, are concepts that several companies, research centers, and governments are developing, leading to market growth. An increase in the chemical industries across different countries has increased the demand for water electrolysis machines in this sector. An increase in demand for a carbon-free sources of energy is also driving the market of water electrolysis machines. Further, storing chemical energy in the form of hydrogen energy would act as a growth driver for water electrolysis machines. Manufacturers are producing new electrode coating methods using automation. Increase of water electrolysis machine for hydrogen production in chemical factories and petrochemical industries have increased the water electrolysis machines market. Alkaline water electrolysis, a type of water electrolysis machine that uses renewable energy sources like sun, wind, and water by integrating energy into the distribution system for producing pure hydrogen that can be used by the end-users. The high demand from end-users is boosting the market growth.Global Water Electrolysis Machine Market Segment Analysis
Compared to alkaline electrolysis, PEM electrolysis has the advantage of quickly reacting to the fluctuations typical of renewable power generation. This technology is often used for distributed systems because the equipment is low-maintenance and delivers high-quality gas. The widespread deployment of these processes creates positive prospects of growth for gigawatt-scale of PEM water electrolysis machines, with the use of noble metals. This trend is expected to have major consequences in reducing the need for precious metals for the application of electrolysis devices and other energy storage options including fuel cells. On January 26, 2021, Global technology and power solutions leader Cummins Inc. has provided a 20-megawatt PEM electrolyzer system to generate green hydrogen, making it the largest in operation in the world. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Quebec, and began commercial operation in late 2020. The Cummins PEM Electrolyzer can produce over 3,000 tons of hydrogen annually using clean hydropower. Cummins’ PEM electrolyzers enable the storage of excess energy that would typically be sold off to the market at a financial loss, or not harnessed at all, and instead store that energy to sell into a new green hydrogen market. They can also be used to decarbonize multiple sectors including zero-emission transportation, industrial processes, and the green chemicals sector.To know about the Research Methodology :- Request Free Sample Report
Global Water Electrolysis Machine Market Regional Insights
The Asia Pacific is expected to be the largest regional market with the highest water electrolysis machine market share in the forecast period, owing to the extensive industrial development in China and India, generating demand for high purity hydrogen. Also, lower costs of manufacturing and manpower to produce water electrolysis machines are expected to be beneficial for the Asia Pacific region in the global water electrolysis machine market. North America is also growing fast due to high hydrogen demand in the United States. Investments towards the development and production of hydrogen fuel cells, and favorable policies towards environment protection and energy security, are expected to drive demand for water electrolysis machines.Global Water Electrolysis Machine Market Report Scope: Inquire before buying
Global Water Electrolysis Machine Market, by Region
• North America • Europe • South America • MEA • Asia PacificGlobal Water Electrolysis Machine Market Key Players
• Nel ASA • AREVA H2Gen • Asahi Kasei Corporation • C&E Environmental Technology Co. Ltd. • Enagic International Inc. • Eneco Holdings Inc. • ErreDue S.p.A. • Hitachi Zosen Corporation • Hydrogenics Corporation • ITM Power Plc • Peak Scientific • Kobelco Eco-Solutions Co. Ltd. • Teledyne Technologies Inc. • Toshiba Energy Systems & Solutions Corporation • Air Products and Chemicals, Inc. • Linde AG • ProtonOnsite • Siemens AG • ThyssenKrupp AG
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Water Electrolysis Machine Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Water Electrolysis Machine Market 3.4. Geographical Snapshot of the Water Electrolysis Machine Market, By Manufacturer share 4. Global Water Electrolysis Machine Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Water Electrolysis Machine Market 5. Supply Side and Demand Side Indicators 6. Global Water Electrolysis Machine Market Analysis and Forecast, 2019-2026 6.1. Global Water Electrolysis Machine Market Size & Y-o-Y Growth Analysis. 7. Global Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 7.1.1. Proton Exchange Membrane (PEM) electrolysis 7.1.2. Alkaline Electrolysis 7.1.3. Solid oxide electrolysis 7.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 7.2.1. Below 5 MW, 7.2.2. 5 to 10 MW 7.2.3. Above 10 MW 7.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 7.3.1. Below 500 L/Hr 7.3.2. 500 to 2000 L/Hr 7.3.3. Above 2000 L/Hr 7.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 7.4.1. Chemical 7.4.2. Petroleum 7.4.3. Pharmaceuticals 7.4.4. Power plants 7.4.5. Electronics & semiconductors 7.4.6. Steel plant sectors 8. Global Water Electrolysis Machine Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 9.1.1. Proton Exchange Membrane (PEM) electrolysis 9.1.2. Alkaline Electrolysis 9.1.3. Solid oxide electrolysis 9.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 9.2.1. Below 5 MW, 9.2.2. 5 to 10 MW 9.2.3. Above 10 MW 9.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 9.3.1. Below 500 L/Hr 9.3.2. 500 to 2000 L/Hr 9.3.3. Above 2000 L/Hr 9.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 9.4.1. Chemical 9.4.2. Petroleum 9.4.3. Pharmaceuticals 9.4.4. Power plants 9.4.5. Electronics & semiconductors 9.4.6. Steel plant sectors 10. North America Water Electrolysis Machine Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 11.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 12. Canada Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 12.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 13. Mexico Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 13.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 14. Europe Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 14.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 15. Europe Water Electrolysis Machine Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 16.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 17. France Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 17.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 18. Germany Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 18.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 19. Italy Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 19.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 20. Spain Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 20.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 21. Sweden Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 21.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 22. CIS Countries Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 22.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 23. Rest of Europe Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 23.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 24. Asia Pacific Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 24.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 25. Asia Pacific Water Electrolysis Machine Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 26.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 27. India Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 27.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 28. Japan Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 28.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 29. South Korea Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 29.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 30. Australia Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 30.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 31. ASEAN Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 31.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 32. Rest of Asia Pacific Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 32.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 33. Middle East Africa Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 33.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 34. Middle East Africa Water Electrolysis Machine Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 35.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 36. GCC Countries Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 36.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 37. Egypt Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 37.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 38. Nigeria Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 38.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 39. Rest of ME&A Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 39.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 40. South America Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 40.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 41. South America Water Electrolysis Machine Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 42.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 43. Argentina Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 43.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 44. Rest of South America Water Electrolysis Machine Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Input Power, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By Hydrogen Production, 2019-2026 44.4. Market Size (Value) Estimates & Forecast By End User, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Water Electrolysis Machine Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Nel ASA 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. AREVA H2Gen 45.3.3. Asahi Kasei Corporation 45.3.4. C&E Environmental Technology Co. Ltd. 45.3.5. Enagic International Inc. 45.3.6. Eneco Holdings Inc. 45.3.7. ErreDue S.p.A. 45.3.8. Hitachi Zosen Corporation 45.3.9. Hydrogenics Corporation 45.3.10. ITM Power Plc 45.3.11. Peak Scientific 45.3.12. Kobelco Eco-Solutions Co. Ltd. 45.3.13. Teledyne Technologies Inc. 45.3.14. Toshiba Energy Systems & Solutions Corporation 45.3.15. Air Products and Chemicals, Inc. 45.3.16. Linde AG 45.3.17. ProtonOnsite 45.3.18. Siemens AG 45.3.19. ThyssenKrupp AG 46. Primary Key Insights