The global water electrolysis hydrogen equipment market size was estimated at USD 1,195.96 million in 2023 and is expected to reach USD 17,145.14 million by 2030, growing at a CAGR of 45.57% during the forecast period 2024-2030.
North American market for Water Electrolysis Hydrogen Equipment was valued at $ 182.64 million in 2023 and will reach $ 3,819.91 million by 2030, at a CAGR of 55.07% during the forecast period of 2024 through 2030.
Asia-Pacific market for Water Electrolysis Hydrogen Equipment was valued at $ 350.67 million in 2023 and will reach $ 6,980.76 million by 2030, at a CAGR of 54.07% during the forecast period of 2024 through 2030.
Europe market for Water Electrolysis Hydrogen Equipment was valued at $ 354.78 million in 2023 and will reach $ 5,257.86 million by 2030, at a CAGR of 46.87% during the forecast period of 2024 through 2030.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Water Electrolysis Hydrogen Equipment, 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 Water Electrolysis Hydrogen Equipment.
The Water Electrolysis Hydrogen Equipment market size, estimations, and forecasts are provided in terms of sales volume (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Water Electrolysis Hydrogen Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Water Electrolysis Hydrogen Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
Market Segmentation
This report covers the Water Electrolysis Hydrogen Equipment segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2019-2023, 2024-2030), considering 2023 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
By Company
ThyssenKrupp Nucera
Siemens
Cummins Accelera
Nel Hydrogen
PERIC Hydrogen Technologies
Sunfire
Sungrow Power Supply
Longi Green Energy Technology
Zhuzhou CRRC Times Electric
Plug Power
Mingyang Hydrogen Tech
Cockerill Jingli Hydrogen
TianJin Mainland
ITM Power
H2B2
Beijing Zhongdian
McPhy
Beijing Power Equipment Group
Hydrogen Pro
Shandong Saikesaisi Hydrogen Energy
Elogen
Teledyne Energy Systems
Elchemtech
Toshiba
Verde Hydrogen
ShaanXi HuaQin
Ohmium
CIMC GH2 Technology
Kobelco Eco-Solutions
EM Solution
SANY Hydrogen
Segment by Type
PEM Electrolyzer
Alkaline Electrolyzer
Others
Segment by Application
Chemical Industry and Refining
Power to Gas
Hydrogen Refueling Station
Power Industry
Electronics and Semiconductor
Steel Plant
Others
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Southeast Asia
Europe
Germany
France
U.K.
Italy
Spain
South America
Brazil
Argentina
Middle East & Africa
GCC Countries
Egypt
Turkey
South Africa
Chapter Outline
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Water Electrolysis Hydrogen Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Water Electrolysis Hydrogen Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Table of Contents
1 Water Electrolysis Hydrogen Equipment Market Overview
1.1 Water Electrolysis Hydrogen Equipment Product Overview
1.2 Water Electrolysis Hydrogen Equipment Market by Type
1.2.1 Alkaline Electrolyzer
1.2.2 PEM Electrolyzer
1.2.3 Others
1.3 Global Water Electrolysis Hydrogen Equipment Market Size by Type
1.3.1 Global Water Electrolysis Hydrogen Equipment Market Size Overview by Type (2019-2030)
1.3.2 Global Water Electrolysis Hydrogen Equipment Historic Market Size Review by Type (2019-2024)
1.3.3 Global Water Electrolysis Hydrogen Equipment Forecasted Market Size by Type (2025-2030)
1.4 Key Regions Market Size by Type
1.4.1 North America Water Electrolysis Hydrogen Equipment Sales Breakdown by Type (2019-2024)
1.4.2 Europe Water Electrolysis Hydrogen Equipment Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific Water Electrolysis Hydrogen Equipment Sales Breakdown by Type (2019-2024)
1.4.4 South America Water Electrolysis Hydrogen Equipment Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa Water Electrolysis Hydrogen Equipment Sales Breakdown by Type (2019-2024)
2 Water Electrolysis Hydrogen Equipment Market Competition by Company
2.1 Global Top Players by Water Electrolysis Hydrogen Equipment Sales (2019-2024)
2.2 Global Top Players by Water Electrolysis Hydrogen Equipment Revenue (2019-2024)
2.3 Global Top Players by Water Electrolysis Hydrogen Equipment Price (2019-2024)
2.4 Global Top Manufacturers Water Electrolysis Hydrogen Equipment Manufacturing Base Distribution and Headquarters
2.5 Water Electrolysis Hydrogen Equipment Market Competitive Situation and Trends
2.5.1 Water Electrolysis Hydrogen Equipment Market Concentration Rate
2.5.2 Global 5 Largest Manufacturers by Water Electrolysis Hydrogen Equipment Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Water Electrolysis Hydrogen Equipment as of 2023)
2.7 Key Manufacturers Water Electrolysis Hydrogen Equipment Product Offered
2.8 Mergers & Acquisitions, Expansion
3 Water Electrolysis Hydrogen Equipment Status and Outlook by Region
3.1 Global Water Electrolysis Hydrogen Equipment Market Size and CAGR by Region: 2019 VS 2024 VS 2030
3.2 Global Water Electrolysis Hydrogen Equipment Historic Market Size by Region
3.2.1 Global Water Electrolysis Hydrogen Equipment Sales in Volume by Region (2019-2024)
3.2.2 Global Water Electrolysis Hydrogen Equipment Sales in Value by Region (2019-2024)
3.2.3 Global Water Electrolysis Hydrogen Equipment Sales (Volume & Value), Price and Gross Margin (2019-2024)
3.3 Global Water Electrolysis Hydrogen Equipment Forecasted Market Size by Region
3.3.1 Global Water Electrolysis Hydrogen Equipment Sales in Volume by Region (2025-2030)
3.3.2 Global Water Electrolysis Hydrogen Equipment Sales in Value by Region (2025-2030)
3.3.3 Global Water Electrolysis Hydrogen Equipment Sales (Volume & Value), Price and Gross Margin (2025-2030)
4 Water Electrolysis Hydrogen Equipment by Application
4.1 Water Electrolysis Hydrogen Equipment Market by Application
4.1.1 Power to Gas
4.1.2 Chemical Industry and Refining
4.1.3 Metallurgy and Steel Industry
4.1.4 Hydrogen Refueling Station
4.1.5 Power Plants
4.1.6 Electronics and Semiconductor
4.2 Global Water Electrolysis Hydrogen Equipment Market Size by Application
4.2.1 Global Water Electrolysis Hydrogen Equipment Market Size Overview by Application (2019-2030)
4.2.2 Global Water Electrolysis Hydrogen Equipment Historic Market Size Review by Application (2019-2024)
4.2.3 Global Water Electrolysis Hydrogen Equipment Forecasted Market Size by Application (2025-2030)
4.3 Key Regions Market Size by Application
4.3.1 North America Water Electrolysis Hydrogen Equipment Sales Breakdown by Application (2019-2024)
4.3.2 Europe Water Electrolysis Hydrogen Equipment Sales Breakdown by Application (2019-2024)
4.3.3 Asia-Pacific Water Electrolysis Hydrogen Equipment Sales Breakdown by Application (2019-2024)
4.3.4 South America Water Electrolysis Hydrogen Equipment Sales Breakdown by Application (2019-2024)
4.3.5 Middle East and Africa Water Electrolysis Hydrogen Equipment Sales Breakdown by Application (2019-2024)
5 North America Water Electrolysis Hydrogen Equipment by Country
5.1 North America Water Electrolysis Hydrogen Equipment Historic Market Size by Country
5.1.1 North America Water Electrolysis Hydrogen Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2024 VS 2030
5.1.2 North America Water Electrolysis Hydrogen Equipment Sales in Volume by Country (2019-2024)
5.1.3 North America Water Electrolysis Hydrogen Equipment Sales in Value by Country (2019-2024)
5.2 North America Water Electrolysis Hydrogen Equipment Forecasted Market Size by Country
5.2.1 North America Water Electrolysis Hydrogen Equipment Sales in Volume by Country (2025-2030)
5.2.2 North America Water Electrolysis Hydrogen Equipment Sales in Value by Country (2025-2030)
6 Europe Water Electrolysis Hydrogen Equipment by Country
6.1 Europe Water Electrolysis Hydrogen Equipment Historic Market Size by Country
6.1.1 Europe Water Electrolysis Hydrogen Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2024 VS 2030
6.1.2 Europe Water Electrolysis Hydrogen Equipment Sales in Volume by Country (2019-2024)
6.1.3 Europe Water Electrolysis Hydrogen Equipment Sales in Value by Country (2019-2024)
6.2 Europe Water Electrolysis Hydrogen Equipment Forecasted Market Size by Country
6.2.1 Europe Water Electrolysis Hydrogen Equipment Sales in Volume by Country (2025-2030)
6.2.2 Europe Water Electrolysis Hydrogen Equipment Sales in Value by Country (2025-2030)
7 Asia-Pacific Water Electrolysis Hydrogen Equipment by Region
7.1 Asia-Pacific Water Electrolysis Hydrogen Equipment Historic Market Size by Region
7.1.1 Asia-Pacific Water Electrolysis Hydrogen Equipment Market Size Growth Rate (CAGR) by Region: 2019 VS 2024 VS 2030
7.1.2 Asia-Pacific Water Electrolysis Hydrogen Equipment Sales in Volume by Region (2019-2024)
7.1.3 Asia-Pacific Water Electrolysis Hydrogen Equipment Sales in Value by Region (2019-2024)
7.2 Asia-Pacific Water Electrolysis Hydrogen Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific Water Electrolysis Hydrogen Equipment Sales in Volume by Region (2025-2030)
7.2.2 Asia-Pacific Water Electrolysis Hydrogen Equipment Sales in Value by Region (2025-2030)
8 South America Water Electrolysis Hydrogen Equipment by Country
8.1 South America Water Electrolysis Hydrogen Equipment Historic Market Size by Country
8.1.1 South America Water Electrolysis Hydrogen Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2024 VS 2030
8.1.2 South America Water Electrolysis Hydrogen Equipment Sales in Volume by Country (2019-2024)
8.1.3 South America Water Electrolysis Hydrogen Equipment Sales in Value by Country (2019-2024)
8.2 South America Water Electrolysis Hydrogen Equipment Forecasted Market Size by Country
8.2.1 South America Water Electrolysis Hydrogen Equipment Sales in Volume by Country (2025-2030)
8.2.2 South America Water Electrolysis Hydrogen Equipment Sales in Value by Country (2025-2030)
9 Middle East and Africa Water Electrolysis Hydrogen Equipment by Country
9.1 Middle East and Africa Water Electrolysis Hydrogen Equipment Historic Market Size by Country
9.1.1 Middle East and Africa Water Electrolysis Hydrogen Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2024 VS 2030
9.1.2 Middle East and Africa Water Electrolysis Hydrogen Equipment Sales in Volume by Country (2019-2024)
9.1.3 Middle East and Africa Water Electrolysis Hydrogen Equipment Sales in Value by Country (2019-2024)
9.2 Middle East and Africa Water Electrolysis Hydrogen Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa Water Electrolysis Hydrogen Equipment Sales in Volume by Country (2025-2030)
9.2.2 Middle East and Africa Water Electrolysis Hydrogen Equipment Sales in Value by Country (2025-2030)
10 Company Profiles
10.1 ThyssenKrupp Nucera
10.1.1 ThyssenKrupp Nucera Company Information
10.1.2 ThyssenKrupp Nucera Introduction and Business Overview
10.1.3 ThyssenKrupp Nucera Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.1.4 ThyssenKrupp Nucera Water Electrolysis Hydrogen Equipment Products Offered
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.2.4 Siemens Water Electrolysis Hydrogen Equipment Products Offered
10.3 Cummins Accelera
10.3.1 Cummins Accelera Company Information
10.3.2 Cummins Accelera Introduction and Business Overview
10.3.3 Cummins Accelera Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.3.4 Cummins Accelera Water Electrolysis Hydrogen Equipment Products Offered
10.4 Nel Hydrogen
10.4.1 Nel Hydrogen Company Information
10.4.2 Nel Hydrogen Introduction and Business Overview
10.4.3 Nel Hydrogen Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.4.4 Nel Hydrogen Water Electrolysis Hydrogen Equipment Products Offered
10.5 Sunfire
10.5.1 Sunfire Company Information
10.5.2 Sunfire Introduction and Business Overview
10.5.3 Sunfire Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.5.4 Sunfire Water Electrolysis Hydrogen Equipment Products Offered
10.6 Sungrow Power Supply
10.6.1 Sungrow Power Supply Company Information
10.6.2 Sungrow Power Supply Introduction and Business Overview
10.6.3 Sungrow Power Supply Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.6.4 Sungrow Power Supply Water Electrolysis Hydrogen Equipment Products Offered
10.7 Longi Green Energy Technology
10.7.1 Longi Green Energy Technology Company Information
10.7.2 Longi Green Energy Technology Introduction and Business Overview
10.7.3 Longi Green Energy Technology Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.7.4 Longi Green Energy Technology Water Electrolysis Hydrogen Equipment Products Offered
10.8 Zhuzhou CRRC Times Electric
10.8.1 Zhuzhou CRRC Times Electric Company Information
10.8.2 Zhuzhou CRRC Times Electric Introduction and Business Overview
10.8.3 Zhuzhou CRRC Times Electric Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.8.4 Zhuzhou CRRC Times Electric Water Electrolysis Hydrogen Equipment Products Offered
10.9 PERIC Hydrogen Technologies
10.9.1 PERIC Hydrogen Technologies Company Information
10.9.2 PERIC Hydrogen Technologies Introduction and Business Overview
10.9.3 PERIC Hydrogen Technologies Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.9.4 PERIC Hydrogen Technologies Water Electrolysis Hydrogen Equipment Products Offered
10.10 Plug Power
10.10.1 Plug Power Company Information
10.10.2 Plug Power Introduction and Business Overview
10.10.3 Plug Power Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Gross Margin (2019-2024)
10.10.4 Plug Power Water Electrolysis Hydrogen Equipment Products Offered
10.11 Mingyang Hydrogen Tech
10.11.1 Mingyang Hydrogen TechCompany Information
10.11.2 Mingyang Hydrogen TechIntroduction and Business Overview