Global Water Electrolytic Cell Market Growth 2025-2031

The global Water Electrolytic Cell market size is predicted to grow from US$ 392 million in 2025 to US$ 1569 million in 2031; it is expected to grow at a CAGR of 26.0% from 2025 to 2031.

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.

Global core water electrolytic cell manufactures include Suzhou Jingli, 718th Research Institute of CSIC, Proton On-Site etc. The top 2 companies hold a share about 38%. Asia-Pacific is the largest market, with a share about 58%, followed by Europe and North America with the share about 26% and 10%. In terms of product, traditional alkaline electroliser is the largest segment, with a share over 71%. And in terms of application, the largest application is energy storage or fueling for FCEV"s, followed by power to gas and industrial gases.

LP Information, Inc. (LPI) ' newest research report, the “Water Electrolytic Cell Industry Forecast” looks at past sales and reviews total world Water Electrolytic Cell sales in 2024, providing a comprehensive analysis by region and market sector of projected Water Electrolytic Cell sales for 2025 through 2031. With Water Electrolytic Cell sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Water Electrolytic Cell industry.

This Insight Report provides a comprehensive analysis of the global Water Electrolytic Cell landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Water Electrolytic Cell portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Water Electrolytic Cell market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Electrolytic Cell and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Water Electrolytic Cell.

This report presents a comprehensive overview, market shares, and growth opportunities of Water Electrolytic Cell market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Traditional Alkaline Electroliser

PEM Electroliser

Segmentation by Application:

Power

Steel

Electronics and Photovoltaics

Industrial Gases

Energy Storage or Fueling for FCEV's

Power to Gas

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

718th Research Institute of CSIC

Suzhou Jingli

Proton On-Site

Cummins

Siemens

Teledyne Energy Systems

EM Solution

McPhy

Nel Hydrogen

Toshiba

TianJin Mainland

Yangzhou Chungdean Hydrogen Equipment

Elogen

Erredue SpA

Kobelco Eco-Solutions

ITM Power

Idroenergy Spa

ShaanXi HuaQin

Beijing Zhongdian

Elchemtech

H2B2

Verde LLC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Water Electrolytic Cell market?

What factors are driving Water Electrolytic Cell market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Water Electrolytic Cell market opportunities vary by end market size?

How does Water Electrolytic Cell break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.