Water Electrolysis Market

Electrolysis is a promising option for hydrogen production from renewable resources. Electrolysis is the process of using electricity to split water into hydrogen and oxygen. This reaction takes place in a unit called electrolyze. Electrolyzes can range in size from small, appliance-size equipment that is well-suited for small-scale distributed hydrogen production to large-scale, central production facilities that could be tied directly to renewable or other non-greenhouse-gas-emitting forms of electricity production.
Water Electrolysis Market contains market size and forecasts of Water Electrolysis in global, including the following market information:
Global Water Electrolysis Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Water Electrolysis Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Water Electrolysis companies in 2021 (%)
The global Water Electrolysis market was valued at 225.5 million in 2021 and is projected to reach US$ 710 million by 2028, at a CAGR of 17.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Traditional Alkaline Electroliser Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The 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 and Nel Hydrogen, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Water Electrolysis 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 Water Electrolysis Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Water Electrolysis Market Segment Percentages, by Type, 2021 (%)
Traditional Alkaline Electroliser
PEM Electroliser
Global Water Electrolysis Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Water Electrolysis Market Segment Percentages, by Application, 2021 (%)
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
Global Water Electrolysis Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Water Electrolysis Market Segment Percentages, By Region and Country, 2021 (%)
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 Water Electrolysis revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Water Electrolysis revenues share in global market, 2021 (%)
Key companies Water Electrolysis sales in global market, 2017-2022 (Estimated), (Units)
Key companies Water Electrolysis sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players 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