NEW YORK, Nov. 21, 2022 /PRNewswire/ -- The Global Hydrogen Electrolyzers Market share is set to increase by USD 119.34 million from 2022 to 2027. In addition, the market's growth momentum will accelerate at a CAGR of 7.24% as per the latest market forecast report by Technavio. The market will also record a 5.1% Y-O-Y growth rate during the forecast period. To know more about the historic market size – Request a Free Sample Report!
Global Hydrogen Electrolyzers Market - Parent Market Analysis
Technavio categorizes the Global Hydrogen Electrolyzers Market as a part of the global electrical components and equipment market, which covers companies engaged in the manufacturing of electric cables and wires, electrical components, and electrical equipment. Technavio calculates the global electrical components and equipment market size based on combined revenue generated by manufacturers of water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components.
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Global Hydrogen Electrolyzers Market Characteristics with Five Forces –
The Global Hydrogen Electrolyzers Market is fragmented and the five forces analysis by Technavio gives an accurate vision –
- Bargaining Power of Buyers
- The threat of New Entrants
- Threat of Rivalry
- Bargaining Power of Suppliers
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Global Hydrogen Electrolyzers Market – Customer Landscape - The disruption threats are strategic in nature, and operational risks for suppliers have been mapped based on their negative business impact and probability of occurrence.
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Global Hydrogen Electrolyzers Market - Segmentation Assessment
Geography Segment Overview
Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Hydrogen electrolyzers Market as per geography is categorized into North North America, Europe, APAC, the Middle East and Africa, and South America. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Hydrogen Electrolyzers Market size and actionable market understandings.
Regional Highlights:
- North America is the fastest-growing region in the global hydrogen electrolyzers market compared to other regions. 41% growth will originate from North America. The growing adoption of fuel cells across different sectors directly contributes to the growth of the regional market. In addition, the rising concerns about climate change are encouraging the use of clean energy in the region, which is supporting the growth of the hydrogen electrolyzers market in North America.
Type Segment Overview
- The Global Hydrogen Electrolyzers Market as per type segmentation is categorized into Alkaline electrolyzers and PEM electrolyzers.
- Revenue Generating Segment - The hydrogen electrolyzers market share growth by the alkaline electrolyzers segment will be significant during the forecast period. Alkaline hydrogen electrolyzers are reliable systems and are used by suppliers of industrial gas used in heavy-duty applications in power stations, refueling stations, industrial plants, and energy storage facilities. In addition, owing to advantages, such as lower costs and higher production capacity when compared with PEM hydrogen electrolyzers, the alkaline hydrogen electrolyzer segment will witness stable growth during the forecast period.
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Global Hydrogen Electrolyzers Market – Market Dynamics
Major Driver Boosting the Market
- The integration of renewables with hydrogen electrolyzers is one of the key drivers in the market.
- Hydrogen generation from renewables offers various benefits. For instance, the excess variable power generated through intermittent sources such as wind turbines or solar PVs can be utilized for hydrogen production.
- The produced hydrogen can be used for various applications across different sectors, including transport, industry, or utility (for grid injection). Moreover, renewable power plants are generally located at distant locations from the end-users. In such cases, if the generated power is used for electrolysis to produce hydrogen, the transportation of it could be commoditized and unconstrained by grid connection, which is similar to the case of liquefied natural gas (LNG).
- The process of hydrogen generation can be claimed to be clean or non-polluting if the electricity used for electrolysis is generated through renewables such as solar PV and wind energy. Owing to the advantage of hydrogen generation with zero emissions, several organizations continue to replace fossil fuels such as coal or natural gas with renewables, which has emerged as a major driving factor for the growth of the market.
Major trends influencing the growth
- The increasing number of strategic partnerships for clean hydrogen generation is the major trend in the market.
- Clean hydrogen generation has emerged as a major source of focus amidst the growing emission concerns and the imposition of several regional policies to address the concerns. Such policies focus on increasing the adoption of clean hydrogen generation and have led to the formation of several strategic partnerships among the stakeholders, including end-users and vendors, for the development of clean hydrogen infrastructure.
- Investments, contracts, and agreements have become a clear necessity to create a sustainable, end-to-end ecosystem, maintain market positions, and offer a strong product portfolio to buyers.
- In March 2021, Russia's Rosatom, and French electric utility company EDF, signed a strategic cooperation agreement to develop hydrogen technologies to benefit markets in Russia and Europe. Later in June 2021, India and the US launched a hydrogen task force to focus on clean energy sectors.
- Such strategic alliances and acquisitions will result in the development of clean hydrogen generation technologies to create a sustainable ecosystem, which will subsequently lead to growth in the demand for hydrogen electrolyzers during the forecast period.
Major Challenges interrupting the market growth
- The competition from alternative technologies for hydrogen production will challenge the growth of the global hydrogen electrolyzers market.
- Hydrogen can be produced using many technologies, which include electrolysis processes, thermochemical processes, photolytic processes, and biological processes.
- The electrolysis-based hydrogen generation process faces stiff competition from the alternate processes, mainly thermochemical, as electrolysis only accounts for one-twenty-fifth of the overall sources of hydrogen generation.
- Coal gasification is another major process employed to produce hydrogen due to the high availability and dependency of several countries on coal. In addition, coal is a low-cost source of hydrogen generation, which further supports its widespread usage.
- Hydrogen generation technologies other than thermochemical and electrolysis, such as photolytic processes or direct solar water splitting and biological processes, such as microbial biomass and photobiological conversion, are still in very early stages of development.
- Therefore, the presence of mature and cost-efficient alternate hydrogen production technologies may hinder the growth of the global hydrogen electrolyzers market during the forecast period.
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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19-impacted market research reports.
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Hydrogen Electrolyzers Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist hydrogen electrolyzers market growth during the next five years
- Estimation of the hydrogen electrolyzers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hydrogen electrolyzers market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hydrogen electrolyzers market vendors
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Hydrogen Electrolyzers Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2022 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.24% |
Market growth 2023-2027 |
USD 119.34 million |
Market structure |
Fragmented |
YoY growth (%) |
5.1 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 41% |
Key consumer countries |
US, Canada, Japan, Germany, and Sweden |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Asahi Kasei Corp., Cockerill JingLi Hydrogen, Cummins Inc., ELTRA GmbH, Enapter Srl, Frames Energy Systems BV, Giner Inc., Hitachi Zosen Corp., Idroenergy Spa, ITM Power plc, Kobe Steel Ltd., McPhy Energy SA, Nel ASA, Shandong Saikesaisi Hydrogen Energy Co., Ltd., Siemens AG, SwissHydrogen SA, Teledyne Technologies Inc., TianJin Mainland Hydrogen Equipment, Yangzhou Zhongdian hydrogen production, and Gaztransport and Technigaz SA |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Capacity
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global hydrogen electrolyzers market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global hydrogen electrolyzers market 2017 - 2021 ($ million)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.3 Capacity Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Capacity Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Alkaline Electrolyzers - Market size and forecast 2022-2027
- Exhibit 34: Chart on Alkaline Electrolyzers - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Alkaline Electrolyzers - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Alkaline Electrolyzers - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Alkaline Electrolyzers - Year-over-year growth 2022-2027 (%)
- 6.4 PEM Electrolyzers - Market size and forecast 2022-2027
- Exhibit 38: Chart on PEM Electrolyzers - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on PEM Electrolyzers - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on PEM Electrolyzers - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on PEM Electrolyzers - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)
7 Market Segmentation by Capacity
- 7.1 Market segments
- Exhibit 43: Chart on Capacity - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Capacity - Market share 2022-2027 (%)
- 7.2 Comparison by Capacity
- Exhibit 45: Chart on Comparison by Capacity
- Exhibit 46: Data Table on Comparison by Capacity
- 7.3 500 kW to 2 MW - Market size and forecast 2022-2027
- Exhibit 47: Chart on 500 kW to 2 MW - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on 500 kW to 2 MW - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on 500 kW to 2 MW - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on 500 kW to 2 MW - Year-over-year growth 2022-2027 (%)
- 7.4 Less than 500 kW - Market size and forecast 2022-2027
- Exhibit 51: Chart on Less than 500 kW - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Less than 500 kW - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Less than 500 kW - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Less than 500 kW - Year-over-year growth 2022-2027 (%)
- 7.5 Above 2 MW - Market size and forecast 2022-2027
- Exhibit 55: Chart on Above 2 MW - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Above 2 MW - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Above 2 MW - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Above 2 MW - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Capacity
- Exhibit 59: Market opportunity by Capacity ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Germany - Market size and forecast 2022-2027
- Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.10 Sweden - Market size and forecast 2022-2027
- Exhibit 93: Chart on Sweden - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Sweden - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on Sweden - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Sweden - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 105: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 109: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 110: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification
- 12.3 Asahi Kasei Corp.
- Exhibit 112: Asahi Kasei Corp. - Overview
- Exhibit 113: Asahi Kasei Corp. - Business segments
- Exhibit 114: Asahi Kasei Corp. - Key news
- Exhibit 115: Asahi Kasei Corp. - Key offerings
- Exhibit 116: Asahi Kasei Corp. - Segment focus
- 12.4 Cockerill JingLi Hydrogen
- Exhibit 117: Cockerill JingLi Hydrogen - Overview
- Exhibit 118: Cockerill JingLi Hydrogen - Product / Service
- Exhibit 119: Cockerill JingLi Hydrogen - Key offerings
- 12.5 Enapter Srl
- Exhibit 120: Enapter Srl - Overview
- Exhibit 121: Enapter Srl - Product / Service
- Exhibit 122: Enapter Srl - Key offerings
- 12.6 Frames Energy Systems BV
- Exhibit 123: Frames Energy Systems BV - Overview
- Exhibit 124: Frames Energy Systems BV - Product / Service
- Exhibit 125: Frames Energy Systems BV - Key offerings
- 12.7 Gaztransport and Technigaz SA
- Exhibit 126: Gaztransport and Technigaz SA - Overview
- Exhibit 127: Gaztransport and Technigaz SA - Business segments
- Exhibit 128: Gaztransport and Technigaz SA - Key offerings
- Exhibit 129: Gaztransport and Technigaz SA - Segment focus
- 12.8 Giner Inc.
- Exhibit 130: Giner Inc. - Overview
- Exhibit 131: Giner Inc. - Product / Service
- Exhibit 132: Giner Inc. - Key offerings
- 12.9 Kobe Steel Ltd.
- Exhibit 133: Kobe Steel Ltd. - Overview
- Exhibit 134: Kobe Steel Ltd. - Business segments
- Exhibit 135: Kobe Steel Ltd. - Key offerings
- Exhibit 136: Kobe Steel Ltd. - Segment focus
- 12.10 McPhy Energy SA
- Exhibit 137: McPhy Energy SA - Overview
- Exhibit 138: McPhy Energy SA - Product / Service
- Exhibit 139: McPhy Energy SA - Key offerings
- 12.11 Nel ASA
- Exhibit 140: Nel ASA - Overview
- Exhibit 141: Nel ASA - Business segments
- Exhibit 142: Nel ASA - Key offerings
- Exhibit 143: Nel ASA - Segment focus
- 12.12 Shandong Saikesaisi Hydrogen Energy Co., Ltd.
- Exhibit 144: Shandong Saikesaisi Hydrogen Energy Co., Ltd. - Overview
- Exhibit 145: Shandong Saikesaisi Hydrogen Energy Co., Ltd. - Product / Service
- Exhibit 146: Shandong Saikesaisi Hydrogen Energy Co., Ltd. - Key offerings
- 12.13 Siemens AG
- Exhibit 147: Siemens AG - Overview
- Exhibit 148: Siemens AG - Business segments
- Exhibit 149: Siemens AG - Key news
- Exhibit 150: Siemens AG - Key offerings
- Exhibit 151: Siemens AG - Segment focus
- 12.14 SwissHydrogen SA
- Exhibit 152: SwissHydrogen SA - Overview
- Exhibit 153: SwissHydrogen SA - Product / Service
- Exhibit 154: SwissHydrogen SA - Key offerings
- 12.15 Teledyne Technologies Inc.
- Exhibit 155: Teledyne Technologies Inc. - Overview
- Exhibit 156: Teledyne Technologies Inc. - Business segments
- Exhibit 157: Teledyne Technologies Inc. - Key news
- Exhibit 158: Teledyne Technologies Inc. - Key offerings
- Exhibit 159: Teledyne Technologies Inc. - Segment focus
- 12.16 TianJin Mainland Hydrogen Equipment
- Exhibit 160: TianJin Mainland Hydrogen Equipment - Overview
- Exhibit 161: TianJin Mainland Hydrogen Equipment - Product / Service
- Exhibit 162: TianJin Mainland Hydrogen Equipment - Key offerings
- 12.17 Yangzhou Zhongdian hydrogen production
- Exhibit 163: Yangzhou Zhongdian hydrogen production - Overview
- Exhibit 164: Yangzhou Zhongdian hydrogen production - Product / Service
- Exhibit 165: Yangzhou Zhongdian hydrogen production - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 166: Inclusions checklist
- Exhibit 167: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 168: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 169: Research methodology
- Exhibit 170: Validation techniques employed for market sizing
- Exhibit 171: Information sources
- 13.5 List of abbreviations
- Exhibit 172: List of abbreviations
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