PEM Water Electrolyzers Market

The global PEM Water Electrolyzers market was valued at US$ 171.6 million in 2023 and is projected to reach US$ 2083.8 million by 2030, at a CAGR of 42.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

PEM Water Electrolyzers Market aims to provide a comprehensive presentation of the global market for PEM Water Electrolyzers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PEM Water Electrolyzers. PEM Water Electrolyzers Market contains market size and forecasts of PEM Water Electrolyzers in global, including the following market information:

Global PEM Water Electrolyzers Market Revenue, 2019-2024, 2025-2030, ($ millions)

Global PEM Water Electrolyzers Market Sales, 2019-2024, 2025-2030, (Units)

Global top five PEM Water Electrolyzers companies in 2023 (%)

We surveyed the PEM Water Electrolyzers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global PEM Water Electrolyzers Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Units)

Global PEM Water Electrolyzers Market Segment Percentages, by Type, 2023 (%)

Small Scale Typ

Middle Scale Type

Large Scale Type

Global PEM Water Electrolyzers Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Units)

Global PEM Water Electrolyzers Market Segment Percentages, by Application, 2023 (%)

Hydrogen Refueling Station

Laboratory

Petrochemical Industry

Electronics and Semiconductor

Power to Gas

Global PEM Water Electrolyzers Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Units)

Global PEM Water Electrolyzers Market Segment Percentages, By Region and Country, 2023 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies PEM Water Electrolyzers revenues in global market, 2019-2024 (Estimated), ($ millions)

Key companies PEM Water Electrolyzers revenues share in global market, 2023 (%)

Key companies PEM Water Electrolyzers sales in global market, 2019-2024 (Estimated), (Units)

Key companies PEM Water Electrolyzers sales share in global market, 2023 (%)

Further, the report presents profiles of competitors in the market, key players include:

Proton On-Site

Cummins

Siemens

Toshiba

Kobelco Eco-Solutions

Elogen

Shandong Saksay Hydrogen Energy

ITM Power

Elchemtech

718th Research Institute of CSIC

H2B2

Outline of Major Chapters:

Chapter 1: Introduces the definition of PEM Water Electrolyzers, market overview.

Chapter 2: Global PEM Water Electrolyzers market size in revenue and volume.

Chapter 3: Detailed analysis of PEM Water Electrolyzers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of PEM Water Electrolyzers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global PEM Water Electrolyzers capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.