According to Latest Research, the global market for PEM Water Electrolyzers should grow from US$ 166.8 million in 2022 to US$ 2396.5 million by 2029, with a CAGR of 44.8% for the period of 2023-2029.

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 aims to provide a comprehensive study of the global market for PEM Water Electrolyzers. Report Highlights:

(1) Global PEM Water Electrolyzers market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global PEM Water Electrolyzers market competitive situation, sales, revenue, price and market share, from 2018 to 2022.

(3) China PEM Water Electrolyzers market competitive situation, sales, revenue, price and market share, from 2018 to 2022.

(4) Global PEM Water Electrolyzers segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global PEM Water Electrolyzers segment by type and by application and regional segment by type and by application.

(6) Global major production regions of PEM Water Electrolyzers, capacity, production and trends.

(7) PEM Water Electrolyzers industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

Small Scale Typ

Middle Scale Type

Large Scale Type

Market segment by application, can be divided into

Hydrogen Refueling Station

Laboratory

Petrochemical Industry

Electronics and Semiconductor

Power to Gas

Market segment by players, this report covers

Proton On-Site

Cummins

Siemens

Toshiba

Kobelco Eco-Solutions

Elogen

Shandong Saksay Hydrogen Energy

ITM Power

Elchemtech

718th Research Institute of CSIC

H2B2

1 Market Overview

1.1 PEM Water Electrolyzers Definition

1.2 Global PEM Water Electrolyzers Market Size and Forecast

1.2.1 By Revenue, Global PEM Water Electrolyzers Market Size, 2018-2029

1.2.2 By Sales Volume, Global PEM Water Electrolyzers Market Size, 2018-2029

1.2.3 Global PEM Water Electrolyzers Price Trend, 2018-2029

1.3 China PEM Water Electrolyzers Market Size and Forecast

1.3.1 By Revenue, China PEM Water Electrolyzers Market Size, 2018-2029

1.3.2 By Sales Volume, China PEM Water Electrolyzers Market Size, 2018-2029

1.3.3 China PEM Water Electrolyzers Price Trend, 2018-2029

1.4 China Percentage in Global Market

1.4.1 By Revenue, China PEM Water Electrolyzers Share in Global Market, 2018-2029

1.4.2 By Sales Volume, China PEM Water Electrolyzers Share in Global Market, 2018-2029

1.4.3 PEM Water Electrolyzers Market Size: China VS Global, 2018-2029

1.5 PEM Water Electrolyzers Market Dynamics

1.5.1 PEM Water Electrolyzers Market Drivers

1.5.2 PEM Water Electrolyzers Market Restraints

1.5.3 PEM Water Electrolyzers Industry Trends

1.5.4 PEM Water Electrolyzers Industry Policy

2 Global Competitive Landscape by Company

2.1 Global PEM Water Electrolyzers Revenue by Company, 2018-2023

2.2 Global PEM Water Electrolyzers Sales Volume by Company, 2018-2023

2.3 Global PEM Water Electrolyzers Price by Company, 2018-2023

2.4 Global PEM Water Electrolyzers Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.5 Global PEM Water Electrolyzers Concentration Ratio

2.6 Global PEM Water Electrolyzers Mergers & Acquisitions, Expansion Plans

2.7 Global PEM Water Electrolyzers Manufacturers Product Type

3 China Competitive Landscape by Company

3.1 China PEM Water Electrolyzers Revenue by Company, 2018-2023

3.2 China PEM Water Electrolyzers Sales Volume by Company, 2018-2023

3.3 China PEM Water Electrolyzers PEM Water Electrolyzers Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.4 China PEM Water Electrolyzers Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)

3.5 Chinese Local Players, PEM Water Electrolyzers Domestic VS Export

3.6 China Market, PEM Water Electrolyzers Import & Export

3.6.1 China Market, PEM Water Electrolyzers Import & Export, 2018-2029

3.6.2 China PEM Water Electrolyzers Import & Export Trends

3.6.3 Main Sources of China PEM Water Electrolyzers Import

3.6.4 Export Destination of China PEM Water Electrolyzers

4 PEM Water Electrolyzers Production by Region

4.1 Global PEM Water Electrolyzers Capacity, Production and Capacity Utilization, 2018-2029

4.2 Global Geographic Distribution of PEM Water Electrolyzers Manufacturers

4.3 Global Major Manufacturers, PEM Water Electrolyzers Capacity Expansion and Future Plans

4.4 Global PEM Water Electrolyzers Capacity by Region

4.5 Global PEM Water Electrolyzers Production by Region

4.5.1 Global PEM Water Electrolyzers Production & Forecast by Region, 2018 VS 2022 VS 2029

4.5.2 Global PEM Water Electrolyzers Production by Region, 2018-2023

4.5.3 Global PEM Water Electrolyzers Production Market Share & Forecast by Region, 2018-2029

5 Industry Chain Analysis

5.1 PEM Water Electrolyzers Industry Chain

5.2 PEM Water Electrolyzers Upstream Analysis

5.2.1 PEM Water Electrolyzers Core Raw Materials

5.2.2 Main Manufacturers of PEM Water Electrolyzers Core Raw Materials

5.3 Midstream Analysis

5.4 Downstream Analysis

5.5 PEM Water Electrolyzers Production Mode

5.6 PEM Water Electrolyzers Procurement Model

5.7 PEM Water Electrolyzers Industry Sales Model and Sales Channels

5.7.1 PEM Water Electrolyzers Sales Model

5.7.2 PEM Water Electrolyzers Typical Distributors

6 Sights by Type

6.1 PEM Water Electrolyzers Classification

6.1.1 Small Scale Typ

6.1.2 Middle Scale Type

6.1.3 Large Scale Type

6.2 By Type, Global PEM Water Electrolyzers Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Type, Global PEM Water Electrolyzers Revenue, 2018-2029

6.4 By Type, Global PEM Water Electrolyzers Sales Volume, 2018-2029

6.5 By Type, Global PEM Water Electrolyzers Price, 2018-2029

7 Sights by Application

7.1 PEM Water Electrolyzers Segment by Application

7.1.1 Hydrogen Refueling Station

7.1.2 Laboratory

7.1.3 Petrochemical Industry

7.1.4 Electronics and Semiconductor

7.1.5 Power to Gas

7.2 By Application, Global PEM Water Electrolyzers Market Size & CAGR, 2018 VS 2022 VS 2029

7.3 By Application, Global PEM Water Electrolyzers Revenue, 2018-2029

7.4 By Application, Global PEM Water Electrolyzers Sales Volume, 2018-2029

7.5 By Application, Global PEM Water Electrolyzers Price, 2018-2029

8 Sales Sights by Region

8.1 By Region, Global PEM Water Electrolyzers Market Size, 2018 VS 2022 VS 2029

8.2 By Region, Global PEM Water Electrolyzers Revenue, 2018-2029

8.3 By Region, Global PEM Water Electrolyzers Sales Volume, 2018-2029

8.4 North America

8.4.1 North America PEM Water Electrolyzers Market Size & Forecasts, 2018-2029

8.4.2 By Country, North America PEM Water Electrolyzers Market Size Market Share

8.5 Europe

8.5.1 Europe PEM Water Electrolyzers Market Size & Forecasts, 2018-2029

8.5.2 By Country, Europe PEM Water Electrolyzers Market Size Market Share

8.6 Asia Pacific

8.6.1 Asia Pacific PEM Water Electrolyzers Market Size & Forecasts, 2018-2029

8.6.2 By Country/Region, Asia Pacific PEM Water Electrolyzers Market Size Market Share

8.7 South America

8.7.1 South America PEM Water Electrolyzers Market Size & Forecasts, 2018-2029

8.7.2 By Country, South America PEM Water Electrolyzers Market Size Market Share

8.8 Middle East & Africa

9 Sales Sights by Country Level

9.1 By Country, Global PEM Water Electrolyzers Market Size & CAGR，2018 VS 2022 VS 2029

9.2 By Country, Global PEM Water Electrolyzers Revenue, 2018-2029

9.3 By Country, Global PEM Water Electrolyzers Sales Volume, 2018-2029

9.4 U.S.

9.4.1 U.S. PEM Water Electrolyzers Market Size, 2018-2029

9.4.2 By Company, U.S. PEM Water Electrolyzers Sales Volume Market Share, 2022

9.4.3 By Type, U.S. PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.4.4 By Application, U.S. PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.5 Europe

9.5.1 Europe PEM Water Electrolyzers Market Size, 2018-2029

9.5.2 By Company, Europe PEM Water Electrolyzers Sales Volume Market Share, 2022

9.5.3 By Type, Europe PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.5.4 By Application, Europe PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.6 China

9.6.1 China PEM Water Electrolyzers Market Size, 2018-2029

9.6.2 By Company, China PEM Water Electrolyzers Sales Volume Market Share, 2022

9.6.3 By Type, China PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.6.4 By Application, China PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.7 Japan

9.7.1 Japan PEM Water Electrolyzers Market Size, 2018-2029

9.7.2 By Company, Japan PEM Water Electrolyzers Sales Volume Market Share, 2022

9.7.3 By Type, Japan PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.7.4 By Application, Japan PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.8 South Korea

9.8.1 South Korea PEM Water Electrolyzers Market Size, 2018-2029

9.8.2 By Company, South Korea PEM Water Electrolyzers Sales Volume Market Share, 2022

9.8.3 By Type, South Korea PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.8.4 By Application, South Korea PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.9 Southeast Asia

9.9.1 Southeast Asia PEM Water Electrolyzers Market Size, 2018-2029

9.9.2 By Company, Southeast Asia PEM Water Electrolyzers Sales Volume Market Share, 2022

9.9.3 By Type, Southeast Asia PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.9.4 By Application, Southeast Asia PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.10 India

9.10.1 India PEM Water Electrolyzers Market Size, 2018-2029

9.10.2 By Company, India PEM Water Electrolyzers Sales Volume Market Share, 2022

9.10.3 By Type, India PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.10.4 By Application, India PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.11 Middle East & Asia

9.11.1 Middle East & Asia PEM Water Electrolyzers Market Size, 2018-2029

9.11.2 By Company, Middle East & Asia PEM Water Electrolyzers Sales Volume Market Share, 2022

9.11.3 By Type, Middle East & Asia PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

9.11.4 By Application, Middle East & Asia PEM Water Electrolyzers Market Size, Share, 2022 VS 2029

10 Manufacturers Profile

10.1 Proton On-Site

10.1.1 Proton On-Site Company Information, Head Office, Market Area and Industry Position

10.1.2 Proton On-Site PEM Water Electrolyzers Models, Specifications and Application

10.1.3 Proton On-Site PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.1.4 Proton On-Site Company Profile and Main Business

10.1.5 Proton On-Site Recent Developments

10.2 Cummins

10.2.1 Cummins Company Information, Head Office, Market Area and Industry Position

10.2.2 Cummins PEM Water Electrolyzers Models, Specifications and Application

10.2.3 Cummins PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.2.4 Cummins Company Profile and Main Business

10.2.5 Cummins Recent Developments

10.3 Siemens

10.3.1 Siemens Company Information, Head Office, Market Area and Industry Position

10.3.2 Siemens PEM Water Electrolyzers Models, Specifications and Application

10.3.3 Siemens PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.3.4 Siemens Company Profile and Main Business

10.3.5 Siemens Recent Developments

10.4 Toshiba

10.4.1 Toshiba Company Information, Head Office, Market Area and Industry Position

10.4.2 Toshiba PEM Water Electrolyzers Models, Specifications and Application

10.4.3 Toshiba PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.4.4 Toshiba Company Profile and Main Business

10.4.5 Toshiba Recent Developments

10.5 Kobelco Eco-Solutions

10.5.1 Kobelco Eco-Solutions Company Information, Head Office, Market Area and Industry Position

10.5.2 Kobelco Eco-Solutions PEM Water Electrolyzers Models, Specifications and Application

10.5.3 Kobelco Eco-Solutions PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.5.4 Kobelco Eco-Solutions Company Profile and Main Business

10.5.5 Kobelco Eco-Solutions Recent Developments

10.6 Elogen

10.6.1 Elogen Company Information, Head Office, Market Area and Industry Position

10.6.2 Elogen PEM Water Electrolyzers Models, Specifications and Application

10.6.3 Elogen PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.6.4 Elogen Company Profile and Main Business

10.6.5 Elogen Recent Developments

10.7 Shandong Saksay Hydrogen Energy

10.7.1 Shandong Saksay Hydrogen Energy Company Information, Head Office, Market Area and Industry Position

10.7.2 Shandong Saksay Hydrogen Energy PEM Water Electrolyzers Models, Specifications and Application

10.7.3 Shandong Saksay Hydrogen Energy PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.7.4 Shandong Saksay Hydrogen Energy Company Profile and Main Business

10.7.5 Shandong Saksay Hydrogen Energy Recent Developments

10.8 ITM Power

10.8.1 ITM Power Company Information, Head Office, Market Area and Industry Position

10.8.2 ITM Power PEM Water Electrolyzers Models, Specifications and Application

10.8.3 ITM Power PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.8.4 ITM Power Company Profile and Main Business

10.8.5 ITM Power Recent Developments

10.9 Elchemtech

10.9.1 Elchemtech Company Information, Head Office, Market Area and Industry Position

10.9.2 Elchemtech PEM Water Electrolyzers Models, Specifications and Application

10.9.3 Elchemtech PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.9.4 Elchemtech Company Profile and Main Business

10.9.5 Elchemtech Recent Developments

10.10 718th Research Institute of CSIC

10.10.1 718th Research Institute of CSIC Company Information, Head Office, Market Area and Industry Position

10.10.2 718th Research Institute of CSIC PEM Water Electrolyzers Models, Specifications and Application

10.10.3 718th Research Institute of CSIC PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.10.4 718th Research Institute of CSIC Company Profile and Main Business

10.10.5 718th Research Institute of CSIC Recent Developments

10.11 H2B2

10.11.1 H2B2 Company Information, Head Office, Market Area and Industry Position

10.11.2 H2B2 PEM Water Electrolyzers Models, Specifications and Application

10.11.3 H2B2 PEM Water Electrolyzers Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.11.4 H2B2 Company Profile and Main Business

10.11.5 H2B2 Recent Developments

11 Conclusion

12 Appendix

12.1 Research Methodology

12.2 Data Source

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Market Estimation Model

12.4 Disclaimer

Table 1. PEM Water Electrolyzers Market Size & CAGR: China VS Global, 2018-2029, US$ Million

Table 2. PEM Water Electrolyzers Market Restraints

Table 3. PEM Water Electrolyzers Market Trends

Table 4. PEM Water Electrolyzers Industry Policy

Table 5. Global PEM Water Electrolyzers Revenue by Company, 2018-2023, US$ million

Table 6. Global PEM Water Electrolyzers Revenue Market Share by Company, 2018-2023

Table 7. Global PEM Water Electrolyzers Sales Volume by Company, 2018-2023, (Units)

Table 8. Global PEM Water Electrolyzers Sales Volume Market Share by Company, 2018-2023

Table 9. Global PEM Water Electrolyzers Price by Company, 2018-2023, (K US$/Unit)

Table 10. Global PEM Water Electrolyzers Manufacturers Market Concentration Ratio (CR3 and HHI)

Table 11. Global PEM Water Electrolyzers Mergers & Acquisitions, Expansion Plans

Table 12. Global PEM Water Electrolyzers Manufacturers Product Type

Table 13. China PEM Water Electrolyzers Revenue by Company, 2018-2023, US$ million

Table 14. China PEM Water Electrolyzers Revenue Market Share by Company, 2018-2023

Table 15. China PEM Water Electrolyzers Sales Volume by Company, 2018-2023, (Units)

Table 16. China PEM Water Electrolyzers Sales Volume Market Share by Company, 2018-2023

Table 17. China Market, PEM Water Electrolyzers Production, Sales, Import and Export, 2018-2029, (Units)

Table 18. China PEM Water Electrolyzers Import & Export Trends

Table 19. Main Sources of China PEM Water Electrolyzers Import

Table 20. Export Destination of China PEM Water Electrolyzers

Table 21. Global Headquarters and Manufacturing Base of PEM Water Electrolyzers Manufacturers

Table 22. Global Major Manufacturers, PEM Water Electrolyzers Capacity Expansion and Future Plans

Table 23. Global PEM Water Electrolyzers Production & Forecast by Region, 2018 VS 2022 VS 2029, (Units)

Table 24. Global PEM Water Electrolyzers Production by Region, 2018-2023, (Units)

Table 25. Global PEM Water Electrolyzers Production Forecast by Region, 2023-2029, (Units)

Table 26. Global Key Players of PEM Water Electrolyzers Upstream (Raw Materials)

Table 27. Global PEM Water Electrolyzers Typical Customers

Table 28. PEM Water Electrolyzers Typical Distributors

Table 29. By Type, Global PEM Water Electrolyzers Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million

Table 30. By Application, Global PEM Water Electrolyzers Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million

Table 31. By Region, Global PEM Water Electrolyzers Market Size, 2018 VS 2022 VS 2029, US$ Million

Table 32. By Region, Global PEM Water Electrolyzers Revenue, 2018-2029, US$ Million

Table 33. By Region, Global PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Table 34. By Country, Global PEM Water Electrolyzers Revenue & CAGR，2018 VS 2022 VS 2029, US$ Million

Table 35. By Country, Global PEM Water Electrolyzers Revenue, 2018-2029, US$ Million

Table 36. By Country, Global PEM Water Electrolyzers Revenue Market Share, 2018-2029

Table 37. By Country, Global PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Table 38. By Country, Global PEM Water Electrolyzers Sales Volume Market Share, 2018-2029

Table 39. Proton On-Site Company Information, Head Office, Market Area and Industry Position

Table 40. Proton On-Site PEM Water Electrolyzers Models, Specifications and Application

Table 41. Proton On-Site PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 42. Proton On-Site Company Profile and Main Business

Table 43. Proton On-Site Recent Developments

Table 44. Cummins Company Information, Head Office, Market Area and Industry Position

Table 45. Cummins PEM Water Electrolyzers Models, Specifications and Application

Table 46. Cummins PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 47. Cummins Company Profile and Main Business

Table 48. Cummins Recent Developments

Table 49. Siemens Company Information, Head Office, Market Area and Industry Position

Table 50. Siemens PEM Water Electrolyzers Models, Specifications and Application

Table 51. Siemens PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 52. Siemens Company Profile and Main Business

Table 53. Siemens Recent Developments

Table 54. Toshiba Company Information, Head Office, Market Area and Industry Position

Table 55. Toshiba PEM Water Electrolyzers Models, Specifications and Application

Table 56. Toshiba PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 57. Toshiba Company Profile and Main Business

Table 58. Toshiba Recent Developments

Table 59. Kobelco Eco-Solutions Company Information, Head Office, Market Area and Industry Position

Table 60. Kobelco Eco-Solutions PEM Water Electrolyzers Models, Specifications and Application

Table 61. Kobelco Eco-Solutions PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 62. Kobelco Eco-Solutions Company Profile and Main Business

Table 63. Kobelco Eco-Solutions Recent Developments

Table 64. Elogen Company Information, Head Office, Market Area and Industry Position

Table 65. Elogen PEM Water Electrolyzers Models, Specifications and Application

Table 66. Elogen PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 67. Elogen Company Profile and Main Business

Table 68. Elogen Recent Developments

Table 69. Shandong Saksay Hydrogen Energy Company Information, Head Office, Market Area and Industry Position

Table 70. Shandong Saksay Hydrogen Energy PEM Water Electrolyzers Models, Specifications and Application

Table 71. Shandong Saksay Hydrogen Energy PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 72. Shandong Saksay Hydrogen Energy Company Profile and Main Business

Table 73. Shandong Saksay Hydrogen Energy Recent Developments

Table 74. ITM Power Company Information, Head Office, Market Area and Industry Position

Table 75. ITM Power PEM Water Electrolyzers Models, Specifications and Application

Table 76. ITM Power PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 77. ITM Power Company Profile and Main Business

Table 78. ITM Power Recent Developments

Table 79. Elchemtech Company Information, Head Office, Market Area and Industry Position

Table 80. Elchemtech PEM Water Electrolyzers Models, Specifications and Application

Table 81. Elchemtech PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 82. Elchemtech Company Profile and Main Business

Table 83. Elchemtech Recent Developments

Table 84. 718th Research Institute of CSIC Company Information, Head Office, Market Area and Industry Position

Table 85. 718th Research Institute of CSIC PEM Water Electrolyzers Models, Specifications and Application

Table 86. 718th Research Institute of CSIC PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 87. 718th Research Institute of CSIC Company Profile and Main Business

Table 88. 718th Research Institute of CSIC Recent Developments

Table 89. H2B2 Company Information, Head Office, Market Area and Industry Position

Table 90. H2B2 PEM Water Electrolyzers Models, Specifications and Application

Table 91. H2B2 PEM Water Electrolyzers Sales Volume (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin, 2018-2023

Table 92. H2B2 Company Profile and Main Business

Table 93. H2B2 Recent Developments

List of Figure

Figure 1. PEM Water Electrolyzers Picture

Figure 2. By Revenue, Global PEM Water Electrolyzers Market Size and Forecast, 2018-2029, US$ Million

Figure 3. By Sales Volume, Global PEM Water Electrolyzers Market Size and Forecast, 2018-2029, (Units)

Figure 4. Global PEM Water Electrolyzers Price Trend, 2018-2029, (K US$/Unit)

Figure 5. By Revenue, China PEM Water Electrolyzers Market Size and Forecast, 2018-2029, US$ million

Figure 6. By Sales Volume, China PEM Water Electrolyzers Market Size and Forecast, 2018-2029, (Units)

Figure 7. China PEM Water Electrolyzers Price Trend, 2018-2029 (K US$/Unit)

Figure 8. By Revenue, China PEM Water Electrolyzers Share of Global Market, 2018-2029

Figure 9. By Sales Volume, China PEM Water Electrolyzers Share of Global Market, 2018-2029

Figure 10. Global PEM Water Electrolyzers Key Participants, Market Share, 2021 VS 2022 VS 2023

Figure 11. Global PEM Water Electrolyzers Market Share by Company, (Tier 1, Tier 2 and Tier 3), 2022

Figure 12. China PEM Water Electrolyzers Key Participants, Market Share, 2021 VS 2022 VS 2023

Figure 13. China PEM Water Electrolyzers Key Participants, Market Share, 2021 VS 2022 VS 2023

Figure 14. China PEM Water Electrolyzers Revenue, Domestic VS Import Products, Proportion of China Local Players and Foreign Players, 2018-2023

Figure 15. Chinese Local Players, Proportion of PEM Water Electrolyzers Domestic VS Export, 2022

Figure 16. Global PEM Water Electrolyzers Capacity, Production and Capacity Utilization, 2018-2029

Figure 17. Global PEM Water Electrolyzers Capacity Market Share by Region, 2022 VS 2029

Figure 18. Global PEM Water Electrolyzers Production Market Share & Forecast by Region, 2018-2029

Figure 19. PEM Water Electrolyzers Industry Chain

Figure 20. PEM Water Electrolyzers Procurement Model

Figure 21. PEM Water Electrolyzers Sales Model

Figure 22. PEM Water Electrolyzers Sales Channels, Direct Sales and Distribution

Figure 23. Small Scale Typ

Figure 24. Middle Scale Type

Figure 25. Large Scale Type

Figure 26. By Type, Global PEM Water Electrolyzers Revenue, 2018-2029, US$ Million

Figure 27. By Type, Global PEM Water Electrolyzers Revenue Market Share, 2018-2029

Figure 28. By Type, Global PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 29. By Type, Global PEM Water Electrolyzers Sales Volume Market Share, 2018-2029

Figure 30. By Type, Global PEM Water Electrolyzers Price, 2018-2029, (K US$/Unit)

Figure 31. Hydrogen Refueling Station

Figure 32. Laboratory

Figure 33. Petrochemical Industry

Figure 34. Electronics and Semiconductor

Figure 35. Power to Gas

Figure 36. By Application, Global PEM Water Electrolyzers Revenue, 2018-2029, US$ Million

Figure 37. By Application, Global PEM Water Electrolyzers Revenue Market Share, 2018-2029

Figure 38. By Application, Global PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 39. By Application, Global PEM Water Electrolyzers Sales Volume Market Share, 2018-2029

Figure 40. By Application, Global PEM Water Electrolyzers Price, 2018-2029, (K US$/Unit)

Figure 41. By Region, Global PEM Water Electrolyzers Revenue Market Share, 2018-2029

Figure 42. By Region, Global PEM Water Electrolyzers Sales Volume Market Share, 2018-2029

Figure 43. North America PEM Water Electrolyzers Revenue & Forecasts, 2018-2029, US$ Million

Figure 44. By Country, North America PEM Water Electrolyzers Revenue Market Share, 2022

Figure 45. Europe PEM Water Electrolyzers Revenue & Forecasts, 2018-2029, US$ Million

Figure 46. By Country, Europe PEM Water Electrolyzers Revenue Market Share, 2022

Figure 47. Asia Pacific PEM Water Electrolyzers Revenue & Forecasts, 2018-2029, US$ Million

Figure 48. By Country/Region, Asia Pacific PEM Water Electrolyzers Revenue Market Share, 2022

Figure 49. South America PEM Water Electrolyzers Revenue & Forecasts, 2018-2029, US$ Million

Figure 50. By Country, South America PEM Water Electrolyzers Revenue Market Share, 2022

Figure 51. Middle East & Africa PEM Water Electrolyzers Revenue & Forecasts, 2018-2029, US$ Million

Figure 52. U.S. PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 53. By Company, U.S. PEM Water Electrolyzers Market Share, 2022

Figure 54. By Type, U.S. PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 55. By Application, U.S. PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 56. Europe PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 57. By Company, Europe PEM Water Electrolyzers Market Share, 2022

Figure 58. By Type, Europe PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 59. By Application, Europe PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 60. China PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 61. By Company, China PEM Water Electrolyzers Market Share, 2022

Figure 62. By Type, China PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 63. By Application, China PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 64. Japan PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 65. By Company, Japan PEM Water Electrolyzers Market Share, 2022

Figure 66. By Type, Japan PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 67. By Application, Japan PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 68. South Korea PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 69. By Company, South Korea PEM Water Electrolyzers Market Share, 2022

Figure 70. By Type, South Korea PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 71. By Application, South Korea PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 72. Southeast Asia PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 73. By Company, Southeast Asia PEM Water Electrolyzers Market Share, 2022

Figure 74. By Type, Southeast Asia PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 75. By Application, Southeast Asia PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 76. India PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 77. By Company, India PEM Water Electrolyzers Market Share, 2022

Figure 78. By Type, India PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 79. By Application, India PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 80. Middle East & Asia PEM Water Electrolyzers Sales Volume, 2018-2029, (Units)

Figure 81. By Company, Middle East & Asia PEM Water Electrolyzers Market Share, 2022

Figure 82. By Type, Middle East & Asia PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 83. By Application, Middle East & Asia PEM Water Electrolyzers Sales Volume Market Share, 2022 VS 2029

Figure 84. Research Methodology

Figure 85. Breakdown of Primary Interviews

Figure 86. Bottom-up Approaches

Figure 87. Top-down Approaches

Table 1. PEM Water Electrolyzers Market Size & CAGR: China VS Global, 2018-2029, US$ Million

Table 2. PEM Water Electrolyzers Market Restraints

Table 3. PEM Water Electrolyzers Market Trends

Table 4. PEM Water Electrolyzers Industry Policy

Table 5. Global PEM Water Electrolyzers Revenue by Company, 2018-2023, US$ million

Table 6. Global PEM Water Electrolyzers Revenue Market Share by Company, 2018-2023

Table 7. Global PEM Water Electrolyzers Sales Volume by Company, 2018-2023, (Units)

Table 8. Global PEM Water Electrolyzers Sales Volume Market Share by Company, 2018-2023

Table 9. Global PEM Water Electrolyzers Price by Company, 2018-2023, (K US$/Unit)

Table 10. Global PEM Water Electrolyzers Manufacturers Market Concentration Ratio (CR3 and HHI)

Table 11. Global PEM Water Electrolyzers Mergers & Acquisitions, Expansion Plans

Table 12. Global PEM Water Electrolyzers Manufacturers Product Type

Table 13. China PEM Water Electrolyzers Revenue by Company, 2018-2023, US$ million

Table 14. China PEM Water Electrolyzers Revenue Market Share by Company, 2018-2023

Table 15. China PEM Water Electrolyzers Sales Volume by Company, 2018-2023, (Units)

Table 16. China PEM Water Electrolyzers Sales Volume Market Share by Company, 2018-2023

Table 17. China Market, PEM Water Electrolyzers Production, Sales, Import and Export, 2018-2029, (Units)

Table 18. China PEM Water Electrolyzers Import & Export Trends

Table 19. Main Sources of China PEM Water Electrolyzers Import

Table 20. Export Destination of China PEM Water Electrolyzers

Table 21. Global Headquarters and Manufacturing Base of PEM Water Electrolyzers Manufacturers

Table 22. Global Major Manufacturers, PEM Water Electrolyzers Capacity Expansion and Future Plans

Table 23. Global PEM Water Electrolyzers Production & Forecast by Region, 2018 VS 2022 VS 2029, (Units)

Table 24. Global PEM Water Electrolyzers Production by Region, 2018-2023, (Units)

Table 25. Global PEM Water Electrolyzers Production Forecast by Region, 2023-2029, (Units)

Table 26. Global Key Players of PEM Water Electrolyzers Upstream (Raw Materials)

Table 27. Global PEM Water Electrolyzers Typical Customers

Table 28. PEM Water Electrolyzers Typical Distributors

Table 29. By Type, Global PEM Water Electrolyzers Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million

Table 30. By Application, Global PEM Water Electrolyzers Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million

Table 31. By Region, Global PEM Water Electrolyzers Market Size, 2018 VS 2022 VS 2029, US$ Million

Table 32. By Region,

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)