Global Water Electrolysis Equipment Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Water Electrolysis Equipment market size will reach 2,520.77 Million USD in 2025 and is projected to reach 43,778.13 Million USD by 2032, with a CAGR of 50.35% (2025-2032). Notably, the China Water Electrolysis Equipment 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
Water electrolysis equipment is a system used to split water (H2O) into its fundamental components, hydrogen (H2) and oxygen (O2), through an electrochemical process. This is achieved by applying an electric current to water, causing the water molecules to undergo a reaction at the electrodes—hydrogen is produced at the cathode, and oxygen is generated at the anode. The equipment typically includes components such as electrolyzers, power supply units, and various sensors and controllers for monitoring and optimizing the process. Water electrolysis is a key technology for producing green hydrogen, as it can be powered by renewable energy sources like wind or solar power, making it an environmentally friendly method of hydrogen production. This technology is used in various applications, including fuel cell technology, industrial processes, and energy storage systems, offering a sustainable solution for clean energy production.
The major global manufacturers of Water Electrolysis Equipment include 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, 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 Water Electrolysis Equipment. 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 Water Electrolysis Equipment 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 Water Electrolysis Equipment 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 Water Electrolysis Equipment 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 Water Electrolysis Equipment Include:
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
Water Electrolysis Equipment Product Segment Include:
PEM Electrolyzer
Alkaline Electrolyzer
Others
Water Electrolysis Equipment Product Application Include:
Power to Gas
Chemical Industry and Refining
Metallurgy and Steel Industry
Hydrogen Refueling Station
Power Industry
Electronics and Semiconductor
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Water Electrolysis Equipment Industry PESTEL Analysis
Chapter 3: Global Water Electrolysis Equipment Industry Porter's Five Forces Analysis
Chapter 4: Global Water Electrolysis Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Water Electrolysis Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Water Electrolysis Equipment 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, Water Electrolysis Equipment 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 Water Electrolysis Equipment market size will reach 2,520.77 Million USD in 2025 and is projected to reach 43,778.13 Million USD by 2032, with a CAGR of 50.35% (2025-2032). Notably, the China Water Electrolysis Equipment 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
Water electrolysis equipment is a system used to split water (H2O) into its fundamental components, hydrogen (H2) and oxygen (O2), through an electrochemical process. This is achieved by applying an electric current to water, causing the water molecules to undergo a reaction at the electrodes—hydrogen is produced at the cathode, and oxygen is generated at the anode. The equipment typically includes components such as electrolyzers, power supply units, and various sensors and controllers for monitoring and optimizing the process. Water electrolysis is a key technology for producing green hydrogen, as it can be powered by renewable energy sources like wind or solar power, making it an environmentally friendly method of hydrogen production. This technology is used in various applications, including fuel cell technology, industrial processes, and energy storage systems, offering a sustainable solution for clean energy production.
The major global manufacturers of Water Electrolysis Equipment include 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, 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 Water Electrolysis Equipment. 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 Water Electrolysis Equipment 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 Water Electrolysis Equipment 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 Water Electrolysis Equipment 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 Water Electrolysis Equipment Include:
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
Water Electrolysis Equipment Product Segment Include:
PEM Electrolyzer
Alkaline Electrolyzer
Others
Water Electrolysis Equipment Product Application Include:
Power to Gas
Chemical Industry and Refining
Metallurgy and Steel Industry
Hydrogen Refueling Station
Power Industry
Electronics and Semiconductor
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Water Electrolysis Equipment Industry PESTEL Analysis
Chapter 3: Global Water Electrolysis Equipment Industry Porter's Five Forces Analysis
Chapter 4: Global Water Electrolysis Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Water Electrolysis Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Water Electrolysis Equipment 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, Water Electrolysis Equipment 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 Water Electrolysis Equipment Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Water Electrolysis Equipment Product by Type
- 1.2.1 PEM Electrolyzer
- 1.2.2 Alkaline Electrolyzer
- 1.2.3 Others
- 1.3 Water Electrolysis Equipment Product by Application
- 1.3.1 Power to Gas
- 1.3.2 Chemical Industry and Refining
- 1.3.3 Metallurgy and Steel Industry
- 1.3.4 Hydrogen Refueling Station
- 1.3.5 Power Industry
- 1.3.6 Electronics and Semiconductor
- 1.3.7 Others
- 1.4 Global Water Electrolysis Equipment Market Revenue and Sales Analysis
- 1.4.1 Global Water Electrolysis Equipment Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Water Electrolysis Equipment Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Water Electrolysis Equipment Market Sales Price Trend Analysis (2020-2032)
- 1.5 Water Electrolysis Equipment Market Development Status and Trends
- 1.5.1 Water Electrolysis Equipment Industry Development Status Analysis
- 1.5.2 Water Electrolysis Equipment Industry Development Trends Analysis
- 2 Water Electrolysis Equipment 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 Water Electrolysis Equipment 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 Water Electrolysis Equipment Market Analysis by Country
- 4.1 Global Water Electrolysis Equipment Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Water Electrolysis Equipment Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Water Electrolysis Equipment Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Water Electrolysis Equipment Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Water Electrolysis Equipment Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Water Electrolysis Equipment Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Water Electrolysis Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Water Electrolysis Equipment Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Water Electrolysis Equipment Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Water Electrolysis Equipment Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Water Electrolysis Equipment Average Sales Price by Manufacturers (2021-2025)
- 5.2 Water Electrolysis Equipment Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Water Electrolysis Equipment Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Water Electrolysis Equipment Market Analysis by Type
- 6.1 Global Water Electrolysis Equipment Market Revenue Analysis by Type
- 6.1.1 Global Water Electrolysis Equipment Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Water Electrolysis Equipment Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Water Electrolysis Equipment Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Water Electrolysis Equipment Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 PERIC Hydrogen Technologies
- 7.1.1 PERIC Hydrogen Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 PERIC Hydrogen Technologies Water Electrolysis Equipment Product Portfolio
- 7.1.3 PERIC Hydrogen Technologies Water Electrolysis Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Nel Hydrogen
- 7.2.1 Nel Hydrogen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Nel Hydrogen Water Electrolysis Equipment Product Portfolio
- 7.2.3 Nel Hydrogen Water Electrolysis Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Longi Green Energy Technology
- 7.3.1 Longi Green Energy Technology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Longi Green Energy Technology Water Electrolysis Equipment Product Portfolio
- 7.3.3 Longi Green Energy Technology Water Electrolysis Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Sungrow Power Supply
- 7.4.1 Sungrow Power Supply Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Sungrow Power Supply Water Electrolysis Equipment Product Portfolio
- 7.4.3 Sungrow Power Supply Water Electrolysis Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Hydrogen Pro
- 7.5.1 Hydrogen Pro Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Hydrogen Pro Water Electrolysis Equipment Product Portfolio
- 7.5.3 Hydrogen Pro Water Electrolysis Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Plug Power
- 7.6.1 Plug Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Plug Power Water Electrolysis Equipment Product Portfolio
- 7.6.3 Plug Power Water Electrolysis Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Siemens
- 7.7.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Siemens Water Electrolysis Equipment Product Portfolio
- 7.7.3 Siemens Water Electrolysis Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Cockerill Jingli Hydrogen
- 7.8.1 Cockerill Jingli Hydrogen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Cockerill Jingli Hydrogen Water Electrolysis Equipment Product Portfolio
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