Global Water Electrolysis Equipment Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Water Electrolysis Equipment market size was valued at US$ 911 million in 2024 and is forecast to a readjusted size of USD 18480 million by 2031 with a CAGR of 50.1% during review period.

Global key players of Water Electrolysis Equipment include Nel Hydrogen, Siemens, Plug Power, PERIC Hydrogen Technologies, Hydrogen Pro, etc. The top five players hold a share about 46%. China is the world's largest market for Water Electrolysis Equipment and holds a share about 37%, followed by Europe and North America, with share about 31% and 21%, separately. In terms of product type, Alkaline Electrolyzer is the largest segment, accounting for a share about 55%. In terms of application, Power to Gas is the largest field with a share about 38 percent.

This report is a detailed and comprehensive analysis for global Water Electrolysis Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Water Electrolysis Equipment market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Water Electrolysis Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Water Electrolysis Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Water Electrolysis Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Water Electrolysis Equipment

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Water Electrolysis Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include PERIC Hydrogen Technologies, Nel Hydrogen, Longi Green Energy Technology, Sungrow Power Supply, Hydrogen Pro, Plug Power, Siemens, Cockerill Jingli Hydrogen, ThyssenKrupp, Sunfire, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Water Electrolysis Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
PEM Electrolyzer
Alkaline Electrolyzer
Others

Market segment by Application
Power to Gas
Chemical Industry and Refining
Metallurgy and Steel Industry
Hydrogen Refueling Station
Power Industry
Electronics and Semiconductor
Others

Major players covered
PERIC Hydrogen Technologies
Nel Hydrogen
Longi Green Energy Technology
Sungrow Power Supply
Hydrogen Pro
Plug Power
Siemens
Cockerill Jingli Hydrogen
ThyssenKrupp
Sunfire
McPhy
SANY Hydrogen
TianJin Mainland
Beijing Zhongdian
Cummins
CIMC GH2 Technology
ShaanXi HuaQin
Verde Hydrogen
SPIC Hydrogen Technology
Teledyne Energy Systems
EM Solution
H2B2
Shandong Saikesaisi Hydrogen Energy

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Water Electrolysis Equipment product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Water Electrolysis Equipment, with price, sales quantity, revenue, and global market share of Water Electrolysis Equipment from 2020 to 2025.

Chapter 3, the Water Electrolysis Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Water Electrolysis Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Water Electrolysis Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Water Electrolysis Equipment.

Chapter 14 and 15, to describe Water Electrolysis Equipment sales channel, distributors, customers, research findings and conclusion.