Global Water Electrolysis 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 market size will reach 2,548.38 Million USD in 2025 and is projected to reach 42,000.76 Million USD by 2032, with a CAGR of 49.23% (2025-2032). Notably, the China Water Electrolysis 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 is a chemical process that utilizes electrical energy to split water molecules into hydrogen and oxygen gases. This process occurs within an electrolyzer, where water is separated into its constituent elements, hydrogen and oxygen, through the application of an electric current. The electrolyzer contains electrodes submerged in an electrolyte solution, typically water, and when an electric current is passed through the solution, water molecules undergo oxidation at the anode, releasing oxygen gas, while reduction occurs at the cathode, producing hydrogen gas. Water electrolysis is a sustainable and environmentally friendly method for producing hydrogen fuel, offering potential applications in clean energy production, transportation, and industrial processes.
The major global manufacturers of Water Electrolysis include 718th Research Institute of CSIC, Proton On-Site, Hydrogenics, Teledyne Energy Systems, Suzhou Jingli, McPhy, TianJin Mainland, Siemens, Nel Hydrogen, Toshiba, Yangzhou Chungdean Hydrogen Equipment, Areva H2gen, ITM Power, Idroenergy Spa, Erredue SpA, Kobelco Eco-Solutions, ShaanXi HuaQin, EM Solution, Beijing Zhongdian, H2B2, Elchemtech, Asahi Kasei, Verde LLC, Thyssenkrupp, Cummins, Elogen, 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. 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 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 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 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 Include:
718th Research Institute of CSIC
Proton On-Site
Hydrogenics
Teledyne Energy Systems
Suzhou Jingli
McPhy
TianJin Mainland
Siemens
Nel Hydrogen
Toshiba
Yangzhou Chungdean Hydrogen Equipment
Areva H2gen
ITM Power
Idroenergy Spa
Erredue SpA
Kobelco Eco-Solutions
ShaanXi HuaQin
EM Solution
Beijing Zhongdian
H2B2
Elchemtech
Asahi Kasei
Verde LLC
Thyssenkrupp
Cummins
Elogen
Water Electrolysis Product Segment Include:
Traditional Alkaline Electroliser
PEM Electroliser
Water Electrolysis 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 Water Electrolysis Industry PESTEL Analysis
Chapter 3: Global Water Electrolysis Industry Porter's Five Forces Analysis
Chapter 4: Global Water Electrolysis Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Water Electrolysis Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Water Electrolysis 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 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 market size will reach 2,548.38 Million USD in 2025 and is projected to reach 42,000.76 Million USD by 2032, with a CAGR of 49.23% (2025-2032). Notably, the China Water Electrolysis 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 is a chemical process that utilizes electrical energy to split water molecules into hydrogen and oxygen gases. This process occurs within an electrolyzer, where water is separated into its constituent elements, hydrogen and oxygen, through the application of an electric current. The electrolyzer contains electrodes submerged in an electrolyte solution, typically water, and when an electric current is passed through the solution, water molecules undergo oxidation at the anode, releasing oxygen gas, while reduction occurs at the cathode, producing hydrogen gas. Water electrolysis is a sustainable and environmentally friendly method for producing hydrogen fuel, offering potential applications in clean energy production, transportation, and industrial processes.
The major global manufacturers of Water Electrolysis include 718th Research Institute of CSIC, Proton On-Site, Hydrogenics, Teledyne Energy Systems, Suzhou Jingli, McPhy, TianJin Mainland, Siemens, Nel Hydrogen, Toshiba, Yangzhou Chungdean Hydrogen Equipment, Areva H2gen, ITM Power, Idroenergy Spa, Erredue SpA, Kobelco Eco-Solutions, ShaanXi HuaQin, EM Solution, Beijing Zhongdian, H2B2, Elchemtech, Asahi Kasei, Verde LLC, Thyssenkrupp, Cummins, Elogen, 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. 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 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 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 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 Include:
718th Research Institute of CSIC
Proton On-Site
Hydrogenics
Teledyne Energy Systems
Suzhou Jingli
McPhy
TianJin Mainland
Siemens
Nel Hydrogen
Toshiba
Yangzhou Chungdean Hydrogen Equipment
Areva H2gen
ITM Power
Idroenergy Spa
Erredue SpA
Kobelco Eco-Solutions
ShaanXi HuaQin
EM Solution
Beijing Zhongdian
H2B2
Elchemtech
Asahi Kasei
Verde LLC
Thyssenkrupp
Cummins
Elogen
Water Electrolysis Product Segment Include:
Traditional Alkaline Electroliser
PEM Electroliser
Water Electrolysis 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 Water Electrolysis Industry PESTEL Analysis
Chapter 3: Global Water Electrolysis Industry Porter's Five Forces Analysis
Chapter 4: Global Water Electrolysis Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Water Electrolysis Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Water Electrolysis 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 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 Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Water Electrolysis Product by Type
- 1.2.1 Traditional Alkaline Electroliser
- 1.2.2 PEM Electroliser
- 1.3 Water Electrolysis 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 Water Electrolysis Market Revenue and Sales Analysis
- 1.4.1 Global Water Electrolysis Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Water Electrolysis Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Water Electrolysis Market Sales Price Trend Analysis (2020-2032)
- 1.5 Water Electrolysis Market Development Status and Trends
- 1.5.1 Water Electrolysis Industry Development Status Analysis
- 1.5.2 Water Electrolysis Industry Development Trends Analysis
- 2 Water Electrolysis 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 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 Market Analysis by Country
- 4.1 Global Water Electrolysis Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Water Electrolysis Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Water Electrolysis Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Water Electrolysis Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Water Electrolysis Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Water Electrolysis Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Water Electrolysis Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Water Electrolysis Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Water Electrolysis Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Water Electrolysis Average Sales Price by Manufacturers (2021-2025)
- 5.2 Water Electrolysis Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Water Electrolysis Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Water Electrolysis Market Analysis by Type
- 6.1 Global Water Electrolysis Market Revenue Analysis by Type
- 6.1.1 Global Water Electrolysis Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Water Electrolysis Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Water Electrolysis Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Water Electrolysis Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 718th Research Institute of CSIC
- 7.1.1 718th Research Institute of CSIC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 718th Research Institute of CSIC Water Electrolysis Product Portfolio
- 7.1.3 718th Research Institute of CSIC Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Proton On-Site
- 7.2.1 Proton On-Site Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Proton On-Site Water Electrolysis Product Portfolio
- 7.2.3 Proton On-Site Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Hydrogenics
- 7.3.1 Hydrogenics Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Hydrogenics Water Electrolysis Product Portfolio
- 7.3.3 Hydrogenics Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Teledyne Energy Systems
- 7.4.1 Teledyne Energy Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Teledyne Energy Systems Water Electrolysis Product Portfolio
- 7.4.3 Teledyne Energy Systems Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Suzhou Jingli
- 7.5.1 Suzhou Jingli Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Suzhou Jingli Water Electrolysis Product Portfolio
- 7.5.3 Suzhou Jingli Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 McPhy
- 7.6.1 McPhy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 McPhy Water Electrolysis Product Portfolio
- 7.6.3 McPhy Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 TianJin Mainland
- 7.7.1 TianJin Mainland Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 TianJin Mainland Water Electrolysis Product Portfolio
- 7.7.3 TianJin Mainland Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Siemens
- 7.8.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Siemens Water Electrolysis Product Portfolio
- 7.8.3 Siemens Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Nel Hydrogen
- 7.9.1 Nel Hydrogen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Nel Hydrogen Water Electrolysis Product Portfolio
- 7.9.3 Nel Hydrogen Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Toshiba
- 7.10.1 Toshiba Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Toshiba Water Electrolysis Product Portfolio
- 7.10.3 Toshiba Water Electrolysis Market Data Analysis
Pricing
Currency Rates
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