Global PEM Water Electrolyzers Supply, Demand and Key Producers, 2026-2032

The global PEM Water Electrolyzers market size is expected to reach $ 6519 million by 2032, rising at a market growth of 43.7% CAGR during the forecast period (2026-2032).

PEM Water Electrolyzers is the electrolysis of water in a cell equipped with a solid polymer electrolyte (SPE) that is responsible for the conduction of protons, separation of product gases, and electrical insulation of the electrodes. The PEM electrolyzer was introduced to overcome the issues of partial load, low current density, and low pressure operation currently plaguing the alkaline electrolyzer. The top five market core manufacturers of PEM water electrolyzers are Proton On-Site, Cummins, Siemens, Toshiba, and Shandong Saikesaisi Hydrogen Energy, accounting for 68% of the market share. Large and medium-sized PEM water electrolyzers occupy the first and second segments of the market, accounting for 40.66%, 36, and 7% respectively.

This report studies the global PEM Water Electrolyzers production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for PEM Water Electrolyzers and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of PEM Water Electrolyzers that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global PEM Water Electrolyzers total production and demand, 2021-2032, (Units)

Global PEM Water Electrolyzers total production value, 2021-2032, (USD Million)

Global PEM Water Electrolyzers production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)

Global PEM Water Electrolyzers consumption by region & country, CAGR, 2021-2032 & (Units)

U.S. VS China: PEM Water Electrolyzers domestic production, consumption, key domestic manufacturers and share

Global PEM Water Electrolyzers production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)

Global PEM Water Electrolyzers production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)

Global PEM Water Electrolyzers production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)

This report profiles key players in the global PEM Water Electrolyzers market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Proton On-Site, Cummins, Siemens, Toshiba, Kobelco Eco-Solutions, Elogen, Shandong Saksay Hydrogen Energy, ITM Power, Elchemtech, 718th Research Institute of CSIC, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World PEM Water Electrolyzers market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global PEM Water Electrolyzers Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global PEM Water Electrolyzers Market, Segmentation by Type:
Small Scale Typ
Middle Scale Type
Large Scale Type

Global PEM Water Electrolyzers Market, Segmentation by Application:
Hydrogen Refueling Station
Laboratory
Petrochemical Industry
Electronics and Semiconductor
Power to Gas

Companies Profiled:
Proton On-Site
Cummins
Siemens
Toshiba
Kobelco Eco-Solutions
Elogen
Shandong Saksay Hydrogen Energy
ITM Power
Elchemtech
718th Research Institute of CSIC
H2B2

Key Questions Answered:

1. How big is the global PEM Water Electrolyzers market?

2. What is the demand of the global PEM Water Electrolyzers market?

3. What is the year over year growth of the global PEM Water Electrolyzers market?

4. What is the production and production value of the global PEM Water Electrolyzers market?

5. Who are the key producers in the global PEM Water Electrolyzers market?

6. What are the growth factors driving the market demand? Show more