
2023-2029 Global Water Electrolysis Industry Research & Trends Analysis Report
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According to the research report published by Market IntelliX, the global market for Water Electrolysis should grow from US$ 432.2 million in 2022 to US$ 3657 million by 2029, with a CAGR of 36.5% for the period of 2023-2029.
Global key players of water electrolysis include 718th Research Institute of CSIC and Proton On-Site. The top two players hold a share about 26%. The global origin is mainly located in North America, Europe, China, Japan and Korea. In terms of product, traditional alkaline electroliser is the largest segment, with a share about 70%. And in terms of application, the largest application is energy storage or fueling for FCEV's, with a share about 26%.
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.
This report aims to provide a comprehensive study of the global market for Water Electrolysis. Report Highlights:
(1) Global Water Electrolysis market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global Water Electrolysis market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China Water Electrolysis market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global Water Electrolysis segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Water Electrolysis segment by type and by application and regional segment by type and by application.
(6) Global major production regions of Water Electrolysis, capacity, production and trends.
(7) Water Electrolysis industry supply chain, upstream, midstream and downstream analysis.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by type, covers
Traditional Alkaline Electroliser
PEM Electroliser
Market segment by application, can be divided into
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
Market segment by players, this report covers
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
1 Market Overview
1.1 Water Electrolysis Definition
1.2 Global Water Electrolysis Market Size and Forecast
1.2.1 By Revenue, Global Water Electrolysis Market Size, 2018-2029
1.2.2 By Sales Volume, Global Water Electrolysis Market Size, 2018-2029
1.2.3 Global Water Electrolysis Price Trend, 2018-2029
1.3 China Water Electrolysis Market Size and Forecast
1.3.1 By Revenue, China Water Electrolysis Market Size, 2018-2029
1.3.2 By Sales Volume, China Water Electrolysis Market Size, 2018-2029
1.3.3 China Water Electrolysis Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Water Electrolysis Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China Water Electrolysis Share in Global Market, 2018-2029
1.4.3 Water Electrolysis Market Size: China VS Global, 2018-2029
1.5 Water Electrolysis Market Dynamics
1.5.1 Water Electrolysis Market Drivers
1.5.2 Water Electrolysis Market Restraints
1.5.3 Water Electrolysis Industry Trends
1.5.4 Water Electrolysis Industry Policy
2 Global Competitive Landscape by Company
2.1 Global Water Electrolysis Revenue by Company, 2018-2023
2.2 Global Water Electrolysis Sales Volume by Company, 2018-2023
2.3 Global Water Electrolysis Price by Company, 2018-2023
2.4 Global Water Electrolysis Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.5 Global Water Electrolysis Concentration Ratio
2.6 Global Water Electrolysis Mergers & Acquisitions, Expansion Plans
2.7 Global Water Electrolysis Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China Water Electrolysis Revenue by Company, 2018-2023
3.2 China Water Electrolysis Sales Volume by Company, 2018-2023
3.3 China Water Electrolysis Water Electrolysis Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China Water Electrolysis Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, Water Electrolysis Domestic VS Export
3.6 China Market, Water Electrolysis Import & Export
3.6.1 China Market, Water Electrolysis Import & Export, 2018-2029
3.6.2 China Water Electrolysis Import & Export Trends
3.6.3 Main Sources of China Water Electrolysis Import
3.6.4 Export Destination of China Water Electrolysis
4 Water Electrolysis Production by Region
4.1 Global Water Electrolysis Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of Water Electrolysis Manufacturers
4.3 Global Major Manufacturers, Water Electrolysis Capacity Expansion and Future Plans
4.4 Global Water Electrolysis Capacity by Region
4.5 Global Water Electrolysis Production by Region
4.5.1 Global Water Electrolysis Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global Water Electrolysis Production by Region, 2018-2023
4.5.3 Global Water Electrolysis Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 Water Electrolysis Industry Chain
5.2 Water Electrolysis Upstream Analysis
5.2.1 Water Electrolysis Core Raw Materials
5.2.2 Main Manufacturers of Water Electrolysis Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Water Electrolysis Production Mode
5.6 Water Electrolysis Procurement Model
5.7 Water Electrolysis Industry Sales Model and Sales Channels
5.7.1 Water Electrolysis Sales Model
5.7.2 Water Electrolysis Typical Distributors
6 Sights by Type
6.1 Water Electrolysis Classification
6.1.1 Traditional Alkaline Electroliser
6.1.2 PEM Electroliser
6.2 By Type, Global Water Electrolysis Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global Water Electrolysis Revenue, 2018-2029
6.4 By Type, Global Water Electrolysis Sales Volume, 2018-2029
6.5 By Type, Global Water Electrolysis Price, 2018-2029
7 Sights by Application
7.1 Water Electrolysis Segment by Application
7.1.1 Power Plants
7.1.2 Steel Plant
7.1.3 Electronics and Photovoltaics
7.1.4 Industrial Gases
7.1.5 Energy Storage or Fueling for FCEV's
7.1.6 Power to Gas
7.1.7 Others
7.2 By Application, Global Water Electrolysis Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global Water Electrolysis Revenue, 2018-2029
7.4 By Application, Global Water Electrolysis Sales Volume, 2018-2029
7.5 By Application, Global Water Electrolysis Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global Water Electrolysis Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global Water Electrolysis Revenue, 2018-2029
8.3 By Region, Global Water Electrolysis Sales Volume, 2018-2029
8.4 North America
8.4.1 North America Water Electrolysis Market Size & Forecasts, 2018-2029
8.4.2 By Country, North America Water Electrolysis Market Size Market Share
8.5 Europe
8.5.1 Europe Water Electrolysis Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe Water Electrolysis Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Water Electrolysis Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific Water Electrolysis Market Size Market Share
8.7 South America
8.7.1 South America Water Electrolysis Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America Water Electrolysis Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Water Electrolysis Market Size & CAGR,2018 VS 2022 VS 2029
9.2 By Country, Global Water Electrolysis Revenue, 2018-2029
9.3 By Country, Global Water Electrolysis Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. Water Electrolysis Market Size, 2018-2029
9.4.2 By Company, U.S. Water Electrolysis Sales Volume Market Share, 2022
9.4.3 By Type, U.S. Water Electrolysis Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. Water Electrolysis Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe Water Electrolysis Market Size, 2018-2029
9.5.2 By Company, Europe Water Electrolysis Sales Volume Market Share, 2022
9.5.3 By Type, Europe Water Electrolysis Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe Water Electrolysis Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China Water Electrolysis Market Size, 2018-2029
9.6.2 By Company, China Water Electrolysis Sales Volume Market Share, 2022
9.6.3 By Type, China Water Electrolysis Market Size, Share, 2022 VS 2029
9.6.4 By Application, China Water Electrolysis Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan Water Electrolysis Market Size, 2018-2029
9.7.2 By Company, Japan Water Electrolysis Sales Volume Market Share, 2022
9.7.3 By Type, Japan Water Electrolysis Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan Water Electrolysis Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea Water Electrolysis Market Size, 2018-2029
9.8.2 By Company, South Korea Water Electrolysis Sales Volume Market Share, 2022
9.8.3 By Type, South Korea Water Electrolysis Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea Water Electrolysis Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia Water Electrolysis Market Size, 2018-2029
9.9.2 By Company, Southeast Asia Water Electrolysis Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia Water Electrolysis Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia Water Electrolysis Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India Water Electrolysis Market Size, 2018-2029
9.10.2 By Company, India Water Electrolysis Sales Volume Market Share, 2022
9.10.3 By Type, India Water Electrolysis Market Size, Share, 2022 VS 2029
9.10.4 By Application, India Water Electrolysis Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia Water Electrolysis Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia Water Electrolysis Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia Water Electrolysis Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia Water Electrolysis Market Size, Share, 2022 VS 2029
10 Manufacturers Profile
10.1 718th Research Institute of CSIC
10.1.1 718th Research Institute of CSIC Company Information, Head Office, Market Area and Industry Position
10.1.2 718th Research Institute of CSIC Water Electrolysis Models, Specifications and Application
10.1.3 718th Research Institute of CSIC Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.1.4 718th Research Institute of CSIC Company Profile and Main Business
10.1.5 718th Research Institute of CSIC Recent Developments
10.2 Suzhou Jingli
10.2.1 Suzhou Jingli Company Information, Head Office, Market Area and Industry Position
10.2.2 Suzhou Jingli Water Electrolysis Models, Specifications and Application
10.2.3 Suzhou Jingli Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.2.4 Suzhou Jingli Company Profile and Main Business
10.2.5 Suzhou Jingli Recent Developments
10.3 Proton On-Site
10.3.1 Proton On-Site Company Information, Head Office, Market Area and Industry Position
10.3.2 Proton On-Site Water Electrolysis Models, Specifications and Application
10.3.3 Proton On-Site Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.3.4 Proton On-Site Company Profile and Main Business
10.3.5 Proton On-Site Recent Developments
10.4 Cummins
10.4.1 Cummins Company Information, Head Office, Market Area and Industry Position
10.4.2 Cummins Water Electrolysis Models, Specifications and Application
10.4.3 Cummins Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.4.4 Cummins Company Profile and Main Business
10.4.5 Cummins Recent Developments
10.5 Siemens
10.5.1 Siemens Company Information, Head Office, Market Area and Industry Position
10.5.2 Siemens Water Electrolysis Models, Specifications and Application
10.5.3 Siemens Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.5.4 Siemens Company Profile and Main Business
10.5.5 Siemens Recent Developments
10.6 Teledyne Energy Systems
10.6.1 Teledyne Energy Systems Company Information, Head Office, Market Area and Industry Position
10.6.2 Teledyne Energy Systems Water Electrolysis Models, Specifications and Application
10.6.3 Teledyne Energy Systems Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.6.4 Teledyne Energy Systems Company Profile and Main Business
10.6.5 Teledyne Energy Systems Recent Developments
10.7 EM Solution
10.7.1 EM Solution Company Information, Head Office, Market Area and Industry Position
10.7.2 EM Solution Water Electrolysis Models, Specifications and Application
10.7.3 EM Solution Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.7.4 EM Solution Company Profile and Main Business
10.7.5 EM Solution Recent Developments
10.8 McPhy
10.8.1 McPhy Company Information, Head Office, Market Area and Industry Position
10.8.2 McPhy Water Electrolysis Models, Specifications and Application
10.8.3 McPhy Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.8.4 McPhy Company Profile and Main Business
10.8.5 McPhy Recent Developments
10.9 Nel Hydrogen
10.9.1 Nel Hydrogen Company Information, Head Office, Market Area and Industry Position
10.9.2 Nel Hydrogen Water Electrolysis Models, Specifications and Application
10.9.3 Nel Hydrogen Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.9.4 Nel Hydrogen Company Profile and Main Business
10.9.5 Nel Hydrogen Recent Developments
10.10 Toshiba
10.10.1 Toshiba Company Information, Head Office, Market Area and Industry Position
10.10.2 Toshiba Water Electrolysis Models, Specifications and Application
10.10.3 Toshiba Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.10.4 Toshiba Company Profile and Main Business
10.10.5 Toshiba Recent Developments
10.11 TianJin Mainland
10.11.1 TianJin Mainland Company Information, Head Office, Market Area and Industry Position
10.11.2 TianJin Mainland Water Electrolysis Models, Specifications and Application
10.11.3 TianJin Mainland Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.11.4 TianJin Mainland Company Profile and Main Business
10.11.5 TianJin Mainland Recent Developments
10.12 Yangzhou Chungdean Hydrogen Equipment
10.12.1 Yangzhou Chungdean Hydrogen Equipment Company Information, Head Office, Market Area and Industry Position
10.12.2 Yangzhou Chungdean Hydrogen Equipment Water Electrolysis Models, Specifications and Application
10.12.3 Yangzhou Chungdean Hydrogen Equipment Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.12.4 Yangzhou Chungdean Hydrogen Equipment Company Profile and Main Business
10.12.5 Yangzhou Chungdean Hydrogen Equipment Recent Developments
10.13 Elogen
10.13.1 Elogen Company Information, Head Office, Market Area and Industry Position
10.13.2 Elogen Water Electrolysis Models, Specifications and Application
10.13.3 Elogen Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.13.4 Elogen Company Profile and Main Business
10.13.5 Elogen Recent Developments
10.14 Erredue SpA
10.14.1 Erredue SpA Company Information, Head Office, Market Area and Industry Position
10.14.2 Erredue SpA Water Electrolysis Models, Specifications and Application
10.14.3 Erredue SpA Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.14.4 Erredue SpA Company Profile and Main Business
10.14.5 Erredue SpA Recent Developments
10.15 Kobelco Eco-Solutions
10.15.1 Kobelco Eco-Solutions Company Information, Head Office, Market Area and Industry Position
10.15.2 Kobelco Eco-Solutions Water Electrolysis Models, Specifications and Application
10.15.3 Kobelco Eco-Solutions Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.15.4 Kobelco Eco-Solutions Company Profile and Main Business
10.15.5 Kobelco Eco-Solutions Recent Developments
10.16 ITM Power
10.16.1 ITM Power Company Information, Head Office, Market Area and Industry Position
10.16.2 ITM Power Water Electrolysis Models, Specifications and Application
10.16.3 ITM Power Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.16.4 ITM Power Company Profile and Main Business
10.16.5 ITM Power Recent Developments
10.17 Idroenergy Spa
10.17.1 Idroenergy Spa Company Information, Head Office, Market Area and Industry Position
10.17.2 Idroenergy Spa Water Electrolysis Models, Specifications and Application
10.17.3 Idroenergy Spa Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.17.4 Idroenergy Spa Company Profile and Main Business
10.17.5 Idroenergy Spa Recent Developments
10.18 ShaanXi HuaQin
10.18.1 ShaanXi HuaQin Company Information, Head Office, Market Area and Industry Position
10.18.2 ShaanXi HuaQin Water Electrolysis Models, Specifications and Application
10.18.3 ShaanXi HuaQin Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.18.4 ShaanXi HuaQin Company Profile and Main Business
10.18.5 ShaanXi HuaQin Recent Developments
10.19 Beijing Zhongdian
10.19.1 Beijing Zhongdian Company Information, Head Office, Market Area and Industry Position
10.19.2 Beijing Zhongdian Water Electrolysis Models, Specifications and Application
10.19.3 Beijing Zhongdian Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.19.4 Beijing Zhongdian Company Profile and Main Business
10.19.5 Beijing Zhongdian Recent Developments
10.20 Elchemtech
10.20.1 Elchemtech Company Information, Head Office, Market Area and Industry Position
10.20.2 Elchemtech Water Electrolysis Models, Specifications and Application
10.20.3 Elchemtech Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.20.4 Elchemtech Company Profile and Main Business
10.20.5 Elchemtech Recent Developments
10.21 H2B2
10.21.1 H2B2 Company Information, Head Office, Market Area and Industry Position
10.21.2 H2B2 Water Electrolysis Models, Specifications and Application
10.21.3 H2B2 Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.21.4 H2B2 Company Profile and Main Business
10.21.5 H2B2 Recent Developments
10.22 Verde LLC
10.22.1 Verde LLC Company Information, Head Office, Market Area and Industry Position
10.22.2 Verde LLC Water Electrolysis Models, Specifications and Application
10.22.3 Verde LLC Water Electrolysis Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.22.4 Verde LLC Company Profile and Main Business
10.22.5 Verde LLC Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Tables & Figures:
Table 1. Water Electrolysis Market Size & CAGR: China VS Global, 2018-2029, US$ Million
Table 2. Water Electrolysis Market Restraints
Table 3. Water Electrolysis Market Trends
Table 4. Water Electrolysis Industry Policy
Table 5. Global Water Electrolysis Revenue by Company, 2018-2023, US$ million
Table 6. Global Water Electrolysis Revenue Market Share by Company, 2018-2023
Table 7. Global Water Electrolysis Sales Volume by Company, 2018-2023, (Units)
Table 8. Global Water Electrolysis Sales Volume Market Share by Company, 2018-2023
Table 9. Global Water Electrolysis Price by Company, 2018-2023, (K USD/Unit)
Table 10. Global Water Electrolysis Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 11. Global Water Electrolysis Mergers & Acquisitions, Expansion Plans
Table 12. Global Water Electrolysis Manufacturers Product Type
Table 13. China Water Electrolysis Revenue by Company, 2018-2023, US$ million
Table 14. China Water Electrolysis Revenue Market Share by Company, 2018-2023
Table 15. China Water Electrolysis Sales Volume by Company, 2018-2023, (Units)
Table 16. China Water Electrolysis Sales Volume Market Share by Company, 2018-2023
Table 17. China Market, Water Electrolysis Production, Sales, Import and Export, 2018-2029, (Units)
Table 18. China Water Electrolysis Import & Export Trends
Table 19. Main Sources of China Water Electrolysis Import
Table 20. Export Destination of China Water Electrolysis
Table 21. Global Headquarters and Manufacturing Base of Water Electrolysis Manufacturers
Table 22. Global Major Manufacturers, Water Electrolysis Capacity Expansion and Future Plans
Table 23. Global Water Electrolysis Production & Forecast by Region, 2018 VS 2022 VS 2029, (Units)
Table 24. Global Water Electrolysis Production by Region, 2018-2023, (Units)
Table 25. Global Water Electrolysis Production Forecast by Region, 2023-2029, (Units)
Table 26. Global Key Players of Water Electrolysis Upstream (Raw Materials)
Table 27. Global Water Electrolysis Typical Customers
Table 28. Water Electrolysis Typical Distributors
Table 29. By Type, Global Water Electrolysis Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 30. By Application, Global Water Electrolysis Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 31. By Region, Global Water Electrolysis Market Size, 2018 VS 2022 VS 2029, US$ Million
Table 32. By Region, Global Water Electrolysis Revenue, 2018-2029, US$ Million
Table 33. By Region, Global Water Electrolysis Sales Volume, 2018-2029, (Units)
Table 34. By Country, Global Water Electrolysis Revenue & CAGR,2018 VS 2022 VS 2029, US$ Million
Table 35. By Country, Global Water Electrolysis Revenue, 2018-2029, US$ Million
Table 36. By Country, Global Water Electrolysis Revenue Market Share, 2018-2029
Table 37. By Country, Global Water Electrolysis Sales Volume, 2018-2029, (Units)
Table 38. By Country, Global Water Electrolysis Sales Volume Market Share, 2018-2029
Table 39. 718th Research Institute of CSIC Company Information, Head Office, Market Area and Industry Position
Table 40. 718th Research Institute of CSIC Water Electrolysis Models, Specifications and Application
Table 41. 718th Research Institute of CSIC Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 42. 718th Research Institute of CSIC Company Profile and Main Business
Table 43. 718th Research Institute of CSIC Recent Developments
Table 44. Suzhou Jingli Company Information, Head Office, Market Area and Industry Position
Table 45. Suzhou Jingli Water Electrolysis Models, Specifications and Application
Table 46. Suzhou Jingli Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 47. Suzhou Jingli Company Profile and Main Business
Table 48. Suzhou Jingli Recent Developments
Table 49. Proton On-Site Company Information, Head Office, Market Area and Industry Position
Table 50. Proton On-Site Water Electrolysis Models, Specifications and Application
Table 51. Proton On-Site Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 52. Proton On-Site Company Profile and Main Business
Table 53. Proton On-Site Recent Developments
Table 54. Cummins Company Information, Head Office, Market Area and Industry Position
Table 55. Cummins Water Electrolysis Models, Specifications and Application
Table 56. Cummins Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 57. Cummins Company Profile and Main Business
Table 58. Cummins Recent Developments
Table 59. Siemens Company Information, Head Office, Market Area and Industry Position
Table 60. Siemens Water Electrolysis Models, Specifications and Application
Table 61. Siemens Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 62. Siemens Company Profile and Main Business
Table 63. Siemens Recent Developments
Table 64. Teledyne Energy Systems Company Information, Head Office, Market Area and Industry Position
Table 65. Teledyne Energy Systems Water Electrolysis Models, Specifications and Application
Table 66. Teledyne Energy Systems Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 67. Teledyne Energy Systems Company Profile and Main Business
Table 68. Teledyne Energy Systems Recent Developments
Table 69. EM Solution Company Information, Head Office, Market Area and Industry Position
Table 70. EM Solution Water Electrolysis Models, Specifications and Application
Table 71. EM Solution Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 72. EM Solution Company Profile and Main Business
Table 73. EM Solution Recent Developments
Table 74. McPhy Company Information, Head Office, Market Area and Industry Position
Table 75. McPhy Water Electrolysis Models, Specifications and Application
Table 76. McPhy Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 77. McPhy Company Profile and Main Business
Table 78. McPhy Recent Developments
Table 79. Nel Hydrogen Company Information, Head Office, Market Area and Industry Position
Table 80. Nel Hydrogen Water Electrolysis Models, Specifications and Application
Table 81. Nel Hydrogen Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 82. Nel Hydrogen Company Profile and Main Business
Table 83. Nel Hydrogen Recent Developments
Table 84. Toshiba Company Information, Head Office, Market Area and Industry Position
Table 85. Toshiba Water Electrolysis Models, Specifications and Application
Table 86. Toshiba Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 87. Toshiba Company Profile and Main Business
Table 88. Toshiba Recent Developments
Table 89. TianJin Mainland Company Information, Head Office, Market Area and Industry Position
Table 90. TianJin Mainland Water Electrolysis Models, Specifications and Application
Table 91. TianJin Mainland Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 92. TianJin Mainland Company Profile and Main Business
Table 93. TianJin Mainland Recent Developments
Table 94. Yangzhou Chungdean Hydrogen Equipment Company Information, Head Office, Market Area and Industry Position
Table 95. Yangzhou Chungdean Hydrogen Equipment Water Electrolysis Models, Specifications and Application
Table 96. Yangzhou Chungdean Hydrogen Equipment Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 97. Yangzhou Chungdean Hydrogen Equipment Company Profile and Main Business
Table 98. Yangzhou Chungdean Hydrogen Equipment Recent Developments
Table 99. Elogen Company Information, Head Office, Market Area and Industry Position
Table 100. Elogen Water Electrolysis Models, Specifications and Application
Table 101. Elogen Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 102. Elogen Company Profile and Main Business
Table 103. Elogen Recent Developments
Table 104. Erredue SpA Company Information, Head Office, Market Area and Industry Position
Table 105. Erredue SpA Water Electrolysis Models, Specifications and Application
Table 106. Erredue SpA Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 107. Erredue SpA Company Profile and Main Business
Table 108. Erredue SpA Recent Developments
Table 109. Kobelco Eco-Solutions Company Information, Head Office, Market Area and Industry Position
Table 110. Kobelco Eco-Solutions Water Electrolysis Models, Specifications and Application
Table 111. Kobelco Eco-Solutions Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 112. Kobelco Eco-Solutions Company Profile and Main Business
Table 113. Kobelco Eco-Solutions Recent Developments
Table 114. ITM Power Company Information, Head Office, Market Area and Industry Position
Table 115. ITM Power Water Electrolysis Models, Specifications and Application
Table 116. ITM Power Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 117. ITM Power Company Profile and Main Business
Table 118. ITM Power Recent Developments
Table 119. Idroenergy Spa Company Information, Head Office, Market Area and Industry Position
Table 120. Idroenergy Spa Water Electrolysis Models, Specifications and Application
Table 121. Idroenergy Spa Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 122. Idroenergy Spa Company Profile and Main Business
Table 123. Idroenergy Spa Recent Developments
Table 124. ShaanXi HuaQin Company Information, Head Office, Market Area and Industry Position
Table 125. ShaanXi HuaQin Water Electrolysis Models, Specifications and Application
Table 126. ShaanXi HuaQin Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 127. ShaanXi HuaQin Company Profile and Main Business
Table 128. ShaanXi HuaQin Recent Developments
Table 129. Beijing Zhongdian Company Information, Head Office, Market Area and Industry Position
Table 130. Beijing Zhongdian Water Electrolysis Models, Specifications and Application
Table 131. Beijing Zhongdian Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 132. Beijing Zhongdian Company Profile and Main Business
Table 133. Beijing Zhongdian Recent Developments
Table 134. Elchemtech Company Information, Head Office, Market Area and Industry Position
Table 135. Elchemtech Water Electrolysis Models, Specifications and Application
Table 136. Elchemtech Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 137. Elchemtech Company Profile and Main Business
Table 138. Elchemtech Recent Developments
Table 139. H2B2 Company Information, Head Office, Market Area and Industry Position
Table 140. H2B2 Water Electrolysis Models, Specifications and Application
Table 141. H2B2 Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 142. H2B2 Company Profile and Main Business
Table 143. H2B2 Recent Developments
Table 144. Verde LLC Company Information, Head Office, Market Area and Industry Position
Table 145. Verde LLC Water Electrolysis Models, Specifications and Application
Table 146. Verde LLC Water Electrolysis Sales Volume (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin, 2018-2023
Table 147. Verde LLC Company Profile and Main Business
Table 148. Verde LLC Recent Developments
List of Figure
Figure 1. Water Electrolysis Picture
Figure 2. By Revenue, Global Water Electrolysis Market Size and Forecast, 2018-2029, US$ Million
Figure 3. By Sales Volume, Global Water Electrolysis Market Size and Forecast, 2018-2029, (Units)
Figure 4. Global Water Electrolysis Price Trend, 2018-2029, (K USD/Unit)
Figure 5. By Revenue, China Water Electrolysis Market Size and Forecast, 2018-2029, US$ million
Figure 6. By Sales Volume, China Water Electrolysis Market Size and Forecast, 2018-2029, (Units)
Figure 7. China Water Electrolysis Price Trend, 2018-2029 (K USD/Unit)
Figure 8. By Revenue, China Water Electrolysis Share of Global Market, 2018-2029
Figure 9. By Sales Volume, China Water Electrolysis Share of Global Market, 2018-2029
Figure 10. Global Water Electrolysis Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 11. Global Water Electrolysis Market Share by Company, (Tier 1, Tier 2 and Tier 3), 2022
Figure 12. China Water Electrolysis Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 13. China Water Electrolysis Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 14. China Water Electrolysis Revenue, Domestic VS Import Products, Proportion of China Local Players and Foreign Players, 2018-2023
Figure 15. Chinese Local Players, Proportion of Water Electrolysis Domestic VS Export, 2022
Figure 16. Global Water Electrolysis Capacity, Production and Capacity Utilization, 2018-2029
Figure 17. Global Water Electrolysis Capacity Market Share by Region, 2022 VS 2029
Figure 18. Global Water Electrolysis Production Market Share & Forecast by Region, 2018-2029
Figure 19. Water Electrolysis Industry Chain
Figure 20. Water Electrolysis Procurement Model
Figure 21. Water Electrolysis Sales Model
Figure 22. Water Electrolysis Sales Channels, Direct Sales and Distribution
Figure 23. Traditional Alkaline Electroliser
Figure 24. PEM Electroliser
Figure 25. By Type, Global Water Electrolysis Revenue, 2018-2029, US$ Million
Figure 26. By Type, Global Water Electrolysis Revenue Market Share, 2018-2029
Figure 27. By Type, Global Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 28. By Type, Global Water Electrolysis Sales Volume Market Share, 2018-2029
Figure 29. By Type, Global Water Electrolysis Price, 2018-2029, (K USD/Unit)
Figure 30. Power Plants
Figure 31. Steel Plant
Figure 32. Electronics and Photovoltaics
Figure 33. Industrial Gases
Figure 34. Energy Storage or Fueling for FCEV's
Figure 35. Power to Gas
Figure 36. Others
Figure 37. By Application, Global Water Electrolysis Revenue, 2018-2029, US$ Million
Figure 38. By Application, Global Water Electrolysis Revenue Market Share, 2018-2029
Figure 39. By Application, Global Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 40. By Application, Global Water Electrolysis Sales Volume Market Share, 2018-2029
Figure 41. By Application, Global Water Electrolysis Price, 2018-2029, (K USD/Unit)
Figure 42. By Region, Global Water Electrolysis Revenue Market Share, 2018-2029
Figure 43. By Region, Global Water Electrolysis Sales Volume Market Share, 2018-2029
Figure 44. North America Water Electrolysis Revenue & Forecasts, 2018-2029, US$ Million
Figure 45. By Country, North America Water Electrolysis Revenue Market Share, 2022
Figure 46. Europe Water Electrolysis Revenue & Forecasts, 2018-2029, US$ Million
Figure 47. By Country, Europe Water Electrolysis Revenue Market Share, 2022
Figure 48. Asia Pacific Water Electrolysis Revenue & Forecasts, 2018-2029, US$ Million
Figure 49. By Country/Region, Asia Pacific Water Electrolysis Revenue Market Share, 2022
Figure 50. South America Water Electrolysis Revenue & Forecasts, 2018-2029, US$ Million
Figure 51. By Country, South America Water Electrolysis Revenue Market Share, 2022
Figure 52. Middle East & Africa Water Electrolysis Revenue & Forecasts, 2018-2029, US$ Million
Figure 53. U.S. Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 54. By Company, U.S. Water Electrolysis Market Share, 2022
Figure 55. By Type, U.S. Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 56. By Application, U.S. Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 57. Europe Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 58. By Company, Europe Water Electrolysis Market Share, 2022
Figure 59. By Type, Europe Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 60. By Application, Europe Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 61. China Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 62. By Company, China Water Electrolysis Market Share, 2022
Figure 63. By Type, China Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 64. By Application, China Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 65. Japan Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 66. By Company, Japan Water Electrolysis Market Share, 2022
Figure 67. By Type, Japan Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 68. By Application, Japan Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 69. South Korea Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 70. By Company, South Korea Water Electrolysis Market Share, 2022
Figure 71. By Type, South Korea Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 72. By Application, South Korea Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 73. Southeast Asia Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 74. By Company, Southeast Asia Water Electrolysis Market Share, 2022
Figure 75. By Type, Southeast Asia Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 76. By Application, Southeast Asia Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 77. India Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 78. By Company, India Water Electrolysis Market Share, 2022
Figure 79. By Type, India Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 80. By Application, India Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 81. Middle East & Asia Water Electrolysis Sales Volume, 2018-2029, (Units)
Figure 82. By Company, Middle East & Asia Water Electrolysis Market Share, 2022
Figure 83. By Type, Middle East & Asia Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 84. By Application, Middle East & Asia Water Electrolysis Sales Volume Market Share, 2022 VS 2029
Figure 85. Research Methodology
Figure 86. Breakdown of Primary Interviews
Figure 87. Bottom-up Approaches
Figure 88. Top-down Approaches
Research Methodology:
Global Water Electrolysis Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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