Global Water Electrolysis Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

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 electrolyze. Electrolyzes 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.

According to APO Research, The global Water Electrolysis market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Water Electrolysis is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Water Electrolysis is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Water Electrolysis is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Water Electrolysis is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Water Electrolysis include 718th Research Institute of CSIC, Proton On-Site, Hydrogenics, Teledyne Energy Systems, Suzhou Jingli, McPhy, TianJin Mainland, Siemens and Nel Hydrogen, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Water Electrolysis production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Water Electrolysis by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Water Electrolysis, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Water Electrolysis, also provides the consumption of main regions and countries. Of the upcoming market potential for Water Electrolysis, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Water Electrolysis sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Water Electrolysis market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Water Electrolysis sales, projected growth trends, production technology, application and end-user industry.


Water Electrolysis Segment by Company

718th Research Institute of CSIC
Proton On-Site
Hydrogenics
Teledyne Energy Systems
Suzhou Jingli
McPhy
TianJin Mainland
Siemens
Nel Hydrogen
Toshiba
Yangzhou Chungdean Hydrogen Equipment
Areva H2gen
ITM Power
Idroenergy Spa
Erredue SpA
Kobelco Eco-Solutions
ShaanXi HuaQin
EM Solution
Beijing Zhongdian
H2B2
Elchemtech
Asahi Kasei
Verde LLC
Thyssenkrupp
Cummins
Elogen

Water Electrolysis Segment by Type

Traditional Alkaline Electroliser
PEM Electroliser

Water Electrolysis Segment by Application

Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others

Water Electrolysis Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Water Electrolysis market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Water Electrolysis and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Water Electrolysis.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Water Electrolysis market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Water Electrolysis industry.
Chapter 3: Detailed analysis of Water Electrolysis market competition landscape. Including Water Electrolysis manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Water Electrolysis by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Water Electrolysis in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Water Electrolysis Production Value Estimates and Forecasts (2020-2031)
1.2.2 Global Water Electrolysis Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Water Electrolysis Production Estimates and Forecasts (2020-2031)
1.2.4 Global Water Electrolysis Market Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Water Electrolysis Market Dynamics
2.1 Water Electrolysis Industry Trends
2.2 Water Electrolysis Industry Drivers
2.3 Water Electrolysis Industry Opportunities and Challenges
2.4 Water Electrolysis Industry Restraints
3 Water Electrolysis Market by Manufacturers
3.1 Global Water Electrolysis Production Value by Manufacturers (2020-2025)
3.2 Global Water Electrolysis Production by Manufacturers (2020-2025)
3.3 Global Water Electrolysis Average Price by Manufacturers (2020-2025)
3.4 Global Water Electrolysis Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Water Electrolysis Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Water Electrolysis Manufacturers, Product Type & Application
3.7 Global Water Electrolysis Manufacturers Established Date
3.8 Market Competitive Analysis
3.8.1 Global Water Electrolysis Market CR5 and HHI
3.8.2 Global Top 5 and 10 Water Electrolysis Players Market Share by Production Value in 2024
3.8.3 2024 Water Electrolysis Tier 1, Tier 2, and Tier 3
4 Water Electrolysis Market by Type
4.1 Water Electrolysis Type Introduction
4.1.1 Traditional Alkaline Electroliser
4.1.2 PEM Electroliser
4.2 Global Water Electrolysis Production by Type
4.2.1 Global Water Electrolysis Production by Type (2020 VS 2024 VS 2031)
4.2.2 Global Water Electrolysis Production by Type (2020-2031)
4.2.3 Global Water Electrolysis Production Market Share by Type (2020-2031)
4.3 Global Water Electrolysis Production Value by Type
4.3.1 Global Water Electrolysis Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Water Electrolysis Production Value by Type (2020-2031)
4.3.3 Global Water Electrolysis Production Value Market Share by Type (2020-2031)
5 Water Electrolysis Market by Application
5.1 Water Electrolysis Application Introduction
5.1.1 Power Plants
5.1.2 Steel Plant
5.1.3 Electronics and Photovoltaics
5.1.4 Industrial Gases
5.1.5 Energy Storage or Fueling for FCEV's
5.1.6 Power to Gas
5.1.7 Others
5.2 Global Water Electrolysis Production by Application
5.2.1 Global Water Electrolysis Production by Application (2020 VS 2024 VS 2031)
5.2.2 Global Water Electrolysis Production by Application (2020-2031)
5.2.3 Global Water Electrolysis Production Market Share by Application (2020-2031)
5.3 Global Water Electrolysis Production Value by Application
5.3.1 Global Water Electrolysis Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Water Electrolysis Production Value by Application (2020-2031)
5.3.3 Global Water Electrolysis Production Value Market Share by Application (2020-2031)
6 Company Profiles
6.1 718th Research Institute of CSIC
6.1.1 718th Research Institute of CSIC Comapny Information
6.1.2 718th Research Institute of CSIC Business Overview
6.1.3 718th Research Institute of CSIC Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.1.4 718th Research Institute of CSIC Water Electrolysis Product Portfolio
6.1.5 718th Research Institute of CSIC Recent Developments
6.2 Proton On-Site
6.2.1 Proton On-Site Comapny Information
6.2.2 Proton On-Site Business Overview
6.2.3 Proton On-Site Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.2.4 Proton On-Site Water Electrolysis Product Portfolio
6.2.5 Proton On-Site Recent Developments
6.3 Hydrogenics
6.3.1 Hydrogenics Comapny Information
6.3.2 Hydrogenics Business Overview
6.3.3 Hydrogenics Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.3.4 Hydrogenics Water Electrolysis Product Portfolio
6.3.5 Hydrogenics Recent Developments
6.4 Teledyne Energy Systems
6.4.1 Teledyne Energy Systems Comapny Information
6.4.2 Teledyne Energy Systems Business Overview
6.4.3 Teledyne Energy Systems Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.4.4 Teledyne Energy Systems Water Electrolysis Product Portfolio
6.4.5 Teledyne Energy Systems Recent Developments
6.5 Suzhou Jingli
6.5.1 Suzhou Jingli Comapny Information
6.5.2 Suzhou Jingli Business Overview
6.5.3 Suzhou Jingli Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.5.4 Suzhou Jingli Water Electrolysis Product Portfolio
6.5.5 Suzhou Jingli Recent Developments
6.6 McPhy
6.6.1 McPhy Comapny Information
6.6.2 McPhy Business Overview
6.6.3 McPhy Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.6.4 McPhy Water Electrolysis Product Portfolio
6.6.5 McPhy Recent Developments
6.7 TianJin Mainland
6.7.1 TianJin Mainland Comapny Information
6.7.2 TianJin Mainland Business Overview
6.7.3 TianJin Mainland Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.7.4 TianJin Mainland Water Electrolysis Product Portfolio
6.7.5 TianJin Mainland Recent Developments
6.8 Siemens
6.8.1 Siemens Comapny Information
6.8.2 Siemens Business Overview
6.8.3 Siemens Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.8.4 Siemens Water Electrolysis Product Portfolio
6.8.5 Siemens Recent Developments
6.9 Nel Hydrogen
6.9.1 Nel Hydrogen Comapny Information
6.9.2 Nel Hydrogen Business Overview
6.9.3 Nel Hydrogen Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.9.4 Nel Hydrogen Water Electrolysis Product Portfolio
6.9.5 Nel Hydrogen Recent Developments
6.10 Toshiba
6.10.1 Toshiba Comapny Information
6.10.2 Toshiba Business Overview
6.10.3 Toshiba Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.10.4 Toshiba Water Electrolysis Product Portfolio
6.10.5 Toshiba Recent Developments
6.11 Yangzhou Chungdean Hydrogen Equipment
6.11.1 Yangzhou Chungdean Hydrogen Equipment Comapny Information
6.11.2 Yangzhou Chungdean Hydrogen Equipment Business Overview
6.11.3 Yangzhou Chungdean Hydrogen Equipment Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.11.4 Yangzhou Chungdean Hydrogen Equipment Water Electrolysis Product Portfolio
6.11.5 Yangzhou Chungdean Hydrogen Equipment Recent Developments
6.12 Areva H2gen
6.12.1 Areva H2gen Comapny Information
6.12.2 Areva H2gen Business Overview
6.12.3 Areva H2gen Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.12.4 Areva H2gen Water Electrolysis Product Portfolio
6.12.5 Areva H2gen Recent Developments
6.13 ITM Power
6.13.1 ITM Power Comapny Information
6.13.2 ITM Power Business Overview
6.13.3 ITM Power Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.13.4 ITM Power Water Electrolysis Product Portfolio
6.13.5 ITM Power Recent Developments
6.14 Idroenergy Spa
6.14.1 Idroenergy Spa Comapny Information
6.14.2 Idroenergy Spa Business Overview
6.14.3 Idroenergy Spa Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.14.4 Idroenergy Spa Water Electrolysis Product Portfolio
6.14.5 Idroenergy Spa Recent Developments
6.15 Erredue SpA
6.15.1 Erredue SpA Comapny Information
6.15.2 Erredue SpA Business Overview
6.15.3 Erredue SpA Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.15.4 Erredue SpA Water Electrolysis Product Portfolio
6.15.5 Erredue SpA Recent Developments
6.16 Kobelco Eco-Solutions
6.16.1 Kobelco Eco-Solutions Comapny Information
6.16.2 Kobelco Eco-Solutions Business Overview
6.16.3 Kobelco Eco-Solutions Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.16.4 Kobelco Eco-Solutions Water Electrolysis Product Portfolio
6.16.5 Kobelco Eco-Solutions Recent Developments
6.17 ShaanXi HuaQin
6.17.1 ShaanXi HuaQin Comapny Information
6.17.2 ShaanXi HuaQin Business Overview
6.17.3 ShaanXi HuaQin Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.17.4 ShaanXi HuaQin Water Electrolysis Product Portfolio
6.17.5 ShaanXi HuaQin Recent Developments
6.18 EM Solution
6.18.1 EM Solution Comapny Information
6.18.2 EM Solution Business Overview
6.18.3 EM Solution Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.18.4 EM Solution Water Electrolysis Product Portfolio
6.18.5 EM Solution Recent Developments
6.19 Beijing Zhongdian
6.19.1 Beijing Zhongdian Comapny Information
6.19.2 Beijing Zhongdian Business Overview
6.19.3 Beijing Zhongdian Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.19.4 Beijing Zhongdian Water Electrolysis Product Portfolio
6.19.5 Beijing Zhongdian Recent Developments
6.20 H2B2
6.20.1 H2B2 Comapny Information
6.20.2 H2B2 Business Overview
6.20.3 H2B2 Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.20.4 H2B2 Water Electrolysis Product Portfolio
6.20.5 H2B2 Recent Developments
6.21 Elchemtech
6.21.1 Elchemtech Comapny Information
6.21.2 Elchemtech Business Overview
6.21.3 Elchemtech Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.21.4 Elchemtech Water Electrolysis Product Portfolio
6.21.5 Elchemtech Recent Developments
6.22 Asahi Kasei
6.22.1 Asahi Kasei Comapny Information
6.22.2 Asahi Kasei Business Overview
6.22.3 Asahi Kasei Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.22.4 Asahi Kasei Water Electrolysis Product Portfolio
6.22.5 Asahi Kasei Recent Developments
6.23 Verde LLC
6.23.1 Verde LLC Comapny Information
6.23.2 Verde LLC Business Overview
6.23.3 Verde LLC Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.23.4 Verde LLC Water Electrolysis Product Portfolio
6.23.5 Verde LLC Recent Developments
6.24 Thyssenkrupp
6.24.1 Thyssenkrupp Comapny Information
6.24.2 Thyssenkrupp Business Overview
6.24.3 Thyssenkrupp Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.24.4 Thyssenkrupp Water Electrolysis Product Portfolio
6.24.5 Thyssenkrupp Recent Developments
6.25 Cummins
6.25.1 Cummins Comapny Information
6.25.2 Cummins Business Overview
6.25.3 Cummins Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.25.4 Cummins Water Electrolysis Product Portfolio
6.25.5 Cummins Recent Developments
6.26 Elogen
6.26.1 Elogen Comapny Information
6.26.2 Elogen Business Overview
6.26.3 Elogen Water Electrolysis Production, Value and Gross Margin (2020-2025)
6.26.4 Elogen Water Electrolysis Product Portfolio
6.26.5 Elogen Recent Developments
7 Global Water Electrolysis Production by Region
7.1 Global Water Electrolysis Production by Region: 2020 VS 2024 VS 2031
7.2 Global Water Electrolysis Production by Region (2020-2031)
7.2.1 Global Water Electrolysis Production by Region: 2020-2025
7.2.2 Global Water Electrolysis Production Forecast by Region: 2026-2031
7.3 Global Water Electrolysis Production by Region: 2020 VS 2024 VS 2031
7.4 Global Water Electrolysis Production Value by Region (2020-2031)
7.4.1 Global Water Electrolysis Production Value by Region: 2020-2025
7.4.2 Global Water Electrolysis Production Value by Region (2026-2031)
7.5 Global Water Electrolysis Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Water Electrolysis Production Value (2020-2031)
7.6.2 Europe Water Electrolysis Production Value (2020-2031)
7.6.3 Asia-Pacific Water Electrolysis Production Value (2020-2031)
7.6.4 South America Water Electrolysis Production Value (2020-2031)
7.6.5 Middle East & Africa Water Electrolysis Production Value (2020-2031)
8 Global Water Electrolysis Consumption by Region
8.1 Global Water Electrolysis Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Water Electrolysis Consumption by Region (2020-2031)
8.2.1 Global Water Electrolysis Consumption by Region (2020-2025)
8.2.2 Global Water Electrolysis Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Water Electrolysis Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Water Electrolysis Consumption by Country (2020-2031)
8.3.3 U.S.
8.3.4 Canada
8.3.5 Mexico
8.4 Europe
8.4.1 Europe Water Electrolysis Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.4.2 Europe Water Electrolysis Consumption by Country (2020-2031)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Water Electrolysis Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Water Electrolysis Consumption by Country (2020-2031)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 South America
8.6.1 South America Water Electrolysis Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.6.2 South America Water Electrolysis Consumption by Country (2020-2031)
8.6.3 Brazil
8.6.4 Argentina
8.6.5 Chile
8.6.6 Colombia
8.7 Middle East & Africa
8.7.1 Middle East & Africa Water Electrolysis Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Water Electrolysis Consumption by Country (2020-2031)
8.7.3 Egypt
8.7.4 South Africa
8.7.5 Israel
8.7.6 Türkiye
8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Water Electrolysis Value Chain Analysis
9.1.1 Water Electrolysis Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Water Electrolysis Production Mode & Process
9.2 Water Electrolysis Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Water Electrolysis Distributors
9.2.3 Water Electrolysis Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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