Global Electrolyzer Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Electrolyzer market size will reach 392.12 Million USD in 2025 and is projected to reach 1,202.43 Million USD by 2032, with a CAGR of 17.36% (2025-2032). Notably, the China Electrolyzer market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
An electrolyzer is an electrochemical device that employs electrical energy to facilitate the splitting of water (H2O) into its constituent elements, hydrogen (H2) and oxygen (O2), through a process known as electrolysis. It consists of two electrodes submerged in an electrolyte solution, typically water with an electrolyte like potassium hydroxide, and when an electric current is applied, water molecules are dissociated into hydrogen ions and hydroxide ions. Hydrogen gas is generated at the cathode, while oxygen gas is produced at the anode. Electrolyzers play a crucial role in the production of clean and sustainable hydrogen fuel, which is valuable for various applications, including fuel cells, energy storage, and transportation, as it offers an environmentally friendly alternative to fossil fuels and can contribute to reducing greenhouse gas emissions when generated using renewable energy sources.
The major global manufacturers of Electrolyzer include Cummins, Teledyne Energy Systems, Suzhou Jingli, McPhy, TianJin Mainland, Siemens, Nel Hydrogen, Toshiba, Yangzhou Chungdean Hydrogen Equipment, Elogen, ITM Power, Idroenergy Spa, Erredue SpA, Kobelco Eco-Solutions, ShaanXi HuaQin, EM Solution, Beijing Zhongdian, H2B2, Elchemtech, Verde LLC, Shandong Saksay Hydrogen Energy, ELB Elektrolyse technik GmbH, Asahi Kasei, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Electrolyzer. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electrolyzer market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Electrolyzer market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electrolyzer industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Electrolyzer Include:
Cummins
Teledyne Energy Systems
Suzhou Jingli
McPhy
TianJin Mainland
Siemens
Nel Hydrogen
Toshiba
Yangzhou Chungdean Hydrogen Equipment
Elogen
ITM Power
Idroenergy Spa
Erredue SpA
Kobelco Eco-Solutions
ShaanXi HuaQin
EM Solution
Beijing Zhongdian
H2B2
Elchemtech
Verde LLC
Shandong Saksay Hydrogen Energy
ELB Elektrolyse technik GmbH
Asahi Kasei
Electrolyzer Product Segment Include:
Traditional Alkaline Electroliser
PEM Electroliser
Electrolyzer Product Application Include:
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV＇s
Power to Gas
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Electrolyzer Industry PESTEL Analysis
Chapter 3: Global Electrolyzer Industry Porter's Five Forces Analysis
Chapter 4: Global Electrolyzer Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Electrolyzer Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Electrolyzer Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Electrolyzer Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Electrolyzer market size will reach 392.12 Million USD in 2025 and is projected to reach 1,202.43 Million USD by 2032, with a CAGR of 17.36% (2025-2032). Notably, the China Electrolyzer market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
An electrolyzer is an electrochemical device that employs electrical energy to facilitate the splitting of water (H2O) into its constituent elements, hydrogen (H2) and oxygen (O2), through a process known as electrolysis. It consists of two electrodes submerged in an electrolyte solution, typically water with an electrolyte like potassium hydroxide, and when an electric current is applied, water molecules are dissociated into hydrogen ions and hydroxide ions. Hydrogen gas is generated at the cathode, while oxygen gas is produced at the anode. Electrolyzers play a crucial role in the production of clean and sustainable hydrogen fuel, which is valuable for various applications, including fuel cells, energy storage, and transportation, as it offers an environmentally friendly alternative to fossil fuels and can contribute to reducing greenhouse gas emissions when generated using renewable energy sources.
The major global manufacturers of Electrolyzer include Cummins, Teledyne Energy Systems, Suzhou Jingli, McPhy, TianJin Mainland, Siemens, Nel Hydrogen, Toshiba, Yangzhou Chungdean Hydrogen Equipment, Elogen, ITM Power, Idroenergy Spa, Erredue SpA, Kobelco Eco-Solutions, ShaanXi HuaQin, EM Solution, Beijing Zhongdian, H2B2, Elchemtech, Verde LLC, Shandong Saksay Hydrogen Energy, ELB Elektrolyse technik GmbH, Asahi Kasei, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Electrolyzer. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electrolyzer market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Electrolyzer market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electrolyzer industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Electrolyzer Include:
Cummins
Teledyne Energy Systems
Suzhou Jingli
McPhy
TianJin Mainland
Siemens
Nel Hydrogen
Toshiba
Yangzhou Chungdean Hydrogen Equipment
Elogen
ITM Power
Idroenergy Spa
Erredue SpA
Kobelco Eco-Solutions
ShaanXi HuaQin
EM Solution
Beijing Zhongdian
H2B2
Elchemtech
Verde LLC
Shandong Saksay Hydrogen Energy
ELB Elektrolyse technik GmbH
Asahi Kasei
Electrolyzer Product Segment Include:
Traditional Alkaline Electroliser
PEM Electroliser
Electrolyzer Product Application Include:
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV＇s
Power to Gas
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Electrolyzer Industry PESTEL Analysis
Chapter 3: Global Electrolyzer Industry Porter's Five Forces Analysis
Chapter 4: Global Electrolyzer Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Electrolyzer Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Electrolyzer Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Electrolyzer Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Electrolyzer Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Electrolyzer Product by Type
- 1.2.1 Traditional Alkaline Electroliser
- 1.2.2 PEM Electroliser
- 1.3 Electrolyzer Product by Application
- 1.3.1 Power Plants
- 1.3.2 Steel Plant
- 1.3.3 Electronics and Photovoltaics
- 1.3.4 Industrial Gases
- 1.3.5 Energy Storage or Fueling for FCEV＇s
- 1.3.6 Power to Gas
- 1.3.7 Others
- 1.4 Global Electrolyzer Market Revenue and Sales Analysis
- 1.4.1 Global Electrolyzer Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Electrolyzer Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Electrolyzer Market Sales Price Trend Analysis (2020-2032)
- 1.5 Electrolyzer Market Development Status and Trends
- 1.5.1 Electrolyzer Industry Development Status Analysis
- 1.5.2 Electrolyzer Industry Development Trends Analysis
- 2 Electrolyzer Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Electrolyzer Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Electrolyzer Market Analysis by Country
- 4.1 Global Electrolyzer Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Electrolyzer Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Electrolyzer Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Electrolyzer Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Electrolyzer Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Electrolyzer Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Electrolyzer Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Electrolyzer Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Electrolyzer Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Electrolyzer Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Electrolyzer Average Sales Price by Manufacturers (2021-2025)
- 5.2 Electrolyzer Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Electrolyzer Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Electrolyzer Market Analysis by Type
- 6.1 Global Electrolyzer Market Revenue Analysis by Type
- 6.1.1 Global Electrolyzer Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Electrolyzer Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Electrolyzer Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Electrolyzer Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Cummins
- 7.1.1 Cummins Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Cummins Electrolyzer Product Portfolio
- 7.1.3 Cummins Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Teledyne Energy Systems
- 7.2.1 Teledyne Energy Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Teledyne Energy Systems Electrolyzer Product Portfolio
- 7.2.3 Teledyne Energy Systems Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Suzhou Jingli
- 7.3.1 Suzhou Jingli Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Suzhou Jingli Electrolyzer Product Portfolio
- 7.3.3 Suzhou Jingli Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 McPhy
- 7.4.1 McPhy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 McPhy Electrolyzer Product Portfolio
- 7.4.3 McPhy Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 TianJin Mainland
- 7.5.1 TianJin Mainland Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 TianJin Mainland Electrolyzer Product Portfolio
- 7.5.3 TianJin Mainland Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Siemens
- 7.6.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Siemens Electrolyzer Product Portfolio
- 7.6.3 Siemens Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Nel Hydrogen
- 7.7.1 Nel Hydrogen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Nel Hydrogen Electrolyzer Product Portfolio
- 7.7.3 Nel Hydrogen Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Toshiba
- 7.8.1 Toshiba Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Toshiba Electrolyzer Product Portfolio
- 7.8.3 Toshiba Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Yangzhou Chungdean Hydrogen Equipment
- 7.9.1 Yangzhou Chungdean Hydrogen Equipment Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Yangzhou Chungdean Hydrogen Equipment Electrolyzer Product Portfolio
- 7.9.3 Yangzhou Chungdean Hydrogen Equipment Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Elogen
- 7.10.1 Elogen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Elogen Electrolyzer Product Portfolio
- 7.10.3 Elogen Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 ITM Power
- 7.11.1 ITM Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 ITM Power Electrolyzer Product Portfolio
- 7.11.3 ITM Power Electrolyzer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.12 Idroenergy Spa
- 7.12.1 Idro
Pricing
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