This report studies the Water Electrolysis market, covering market size for segment by type (Traditional Alkaline Electrolyser, PEM Electrolyser, etc.), by application (Power Plants, Steel Plant, etc.), by sales channel (Direct Channel, Distribution Channel), by player (718th Research Institute of CSIC, Air Products and Chemicals, Areva H2gen, Asahi Kasei, Beijing Zhongdian, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Water Electrolysis from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Water Electrolysis market.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

Leading players of Water Electrolysis including:

718th Research Institute of CSIC

Air Products and Chemicals

Areva H2gen

Asahi Kasei

Beijing Zhongdian

C&E Environmental Technology

ELB Elektrolysetechnik GmbH

Enagic International Inc.

Eneco Holdings Inc.

ErreDue S.p.A.

Hitachi Zosen Corporation

Hydrogenics

HyGear

Idroenergy Spa

ITM Power

Kobelco Eco-Solutions

Linde AG

McPhy

Nel Hydrogen

Peak Scientific

Proton On-Site

ShaanXi HuaQin

Shandong Saksay Hydrogen Energy

Siemens

Suzhou Jingli

Teledyne Technologies Inc.

Thyssenkrupp Uhde Chlorine Engineers

TianJin Mainland

Toshiba

Yangzhou Chungdean Hydrogen Equipment

Market split by Type, can be divided into:

Traditional Alkaline Electrolyser

PEM Electrolyser

Market split by Application, can be divided into:

Power Plants

Steel Plant

Electronics and Photovoltaics

Market split by Sales Channel, can be divided into:

Direct Channel

Distribution Channel

Market segment by Region/Country including:

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Spain etc.)

Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

South America (Brazil, Argentina and Colombia etc.)

Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

If you have any special requirements, please let us know and we can provide you the customized report as you want.

Chapter 1 Water Electrolysis Market Overview

1.1 Water Electrolysis Definition

1.2 Global Water Electrolysis Market Size Status and Outlook (2017-2031)

1.3 Global Water Electrolysis Market Size Comparison by Region (2017-2031)

1.4 Global Water Electrolysis Market Size Comparison by Type (2017-2031)

1.5 Global Water Electrolysis Market Size Comparison by Application (2017-2031)

1.6 Global Water Electrolysis Market Size Comparison by Sales Channel (2017-2031)

1.7 Water Electrolysis Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/Expansion)

1.7.4 COVID-19 Impacts

1.7.5 Russia-Ukraine War Impacts

Chapter 2 Water Electrolysis Market Segment Analysis by Player

2.1 Global Water Electrolysis Sales and Market Share by Player (2020-2022)

2.2 Global Water Electrolysis Revenue and Market Share by Player (2020-2022)

2.3 Global Water Electrolysis Average Price by Player (2020-2022)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 Water Electrolysis Market Segment Analysis by Type

3.1 Global Water Electrolysis Market by Type

3.1.1 Traditional Alkaline Electrolyser

3.1.2 PEM Electrolyser

3.2 Global Water Electrolysis Sales and Market Share by Type (2017-2022)

3.3 Global Water Electrolysis Revenue and Market Share by Type (2017-2022)

3.4 Global Water Electrolysis Average Price by Type (2017-2022)

3.5 Leading Players of Water Electrolysis by Type in 2022

3.6 Conclusion of Segment by Type

Chapter 4 Water Electrolysis Market Segment Analysis by Application

4.1 Global Water Electrolysis Market by Application

4.1.1 Power Plants

4.1.2 Steel Plant

4.1.3 Electronics and Photovoltaics

4.2 Global Water Electrolysis Revenue and Market Share by Application (2017-2022)

4.3 Leading Consumers of Water Electrolysis by Application in 2022

4.4 Conclusion of Segment by Application

Chapter 5 Water Electrolysis Market Segment Analysis by Sales Channel

5.1 Global Water Electrolysis Market by Sales Channel

5.1.1 Direct Channel

5.1.2 Distribution Channel

5.2 Global Water Electrolysis Revenue and Market Share by Sales Channel (2017-2022)

5.3 Leading Distributors/Dealers of Water Electrolysis by Sales Channel in 2022

5.4 Conclusion of Segment by Sales Channel

Chapter 6 Water Electrolysis Market Segment Analysis by Region

6.1 Global Water Electrolysis Market Size and CAGR by Region (2017-2031)

6.2 Global Water Electrolysis Sales and Market Share by Region (2017-2022)

6.3 Global Water Electrolysis Revenue and Market Share by Region (2017-2022)

6.4 North America

6.4.1 North America Market by Country

6.4.2 North America Water Electrolysis Market Share by Type

6.4.3 North America Water Electrolysis Market Share by Application

6.4.4 United States

6.4.5 Canada

6.4.6 Mexico

6.5 Europe

6.5.1 Europe Market by Country

6.5.2 Europe Water Electrolysis Market Share by Type

6.5.3 Europe Water Electrolysis Market Share by Application

6.5.4 Germany

6.5.5 UK

6.5.6 France

6.5.7 Italy

6.5.8 Russia

6.5.9 Spain

6.6 Asia-Pacific

6.6.1 Asia-Pacific Market by Country

6.6.2 Asia-Pacific Water Electrolysis Market Share by Type

6.6.3 Asia-Pacific Water Electrolysis Market Share by Application

6.6.4 China

6.6.5 Japan

6.6.6 Korea

6.6.7 India

6.6.8 Southeast Asia

6.6.9 Australia

6.7 South America

6.7.1 South America Market by Country

6.7.2 South America Water Electrolysis Market Share by Type

6.7.3 South America Water Electrolysis Market Share by Application

6.7.4 Brazil

6.7.5 Argentina

6.7.6 Colombia

6.8 Middle East & Africa

6.8.1 Middle East & Africa Market by Country

6.8.2 Middle East & Africa Water Electrolysis Market Share by Type

6.8.3 Middle East & Africa Water Electrolysis Market Share by Application

6.8.4 UAE

6.8.5 Saudi Arabia

6.8.6 South Africa

6.9 Conclusion of Segment by Region

Chapter 7 Profile of Leading Water Electrolysis Players

7.1 718th Research Institute of CSIC

7.1.1 Company Snapshot

7.1.2 Product/Service Offered

7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

7.2 Air Products and Chemicals

7.3 Areva H2gen

7.4 Asahi Kasei

7.5 Beijing Zhongdian

7.6 C&E Environmental Technology

7.7 ELB Elektrolysetechnik GmbH

7.8 Enagic International Inc.

7.9 Eneco Holdings Inc.

7.10 ErreDue S.p.A.

7.11 Hitachi Zosen Corporation

7.12 Hydrogenics

7.13 HyGear

7.14 Idroenergy Spa

7.15 ITM Power

7.16 Kobelco Eco-Solutions

7.17 Linde AG

7.18 McPhy

7.19 Nel Hydrogen

7.20 Peak Scientific

7.21 Proton On-Site

7.22 ShaanXi HuaQin

7.23 Shandong Saksay Hydrogen Energy

7.24 Siemens

7.25 Suzhou Jingli

7.26 Teledyne Technologies Inc.

7.27 Thyssenkrupp Uhde Chlorine Engineers

7.28 TianJin Mainland

7.29 Toshiba

7.30 Yangzhou Chungdean Hydrogen Equipment

Chapter 8 Upstream and Downstream Analysis of Water Electrolysis

8.1 Industrial Chain of Water Electrolysis

8.2 Upstream of Water Electrolysis

8.3 Downstream of Water Electrolysis

Chapter 9 Development Trend of Water Electrolysis (2023-2031)

9.1 Global Water Electrolysis Market Size (Sales and Revenue) Forecast (2023-2031)

9.2 Global Water Electrolysis Market Size and CAGR Forecast by Region (2023-2031)

9.3 Global Water Electrolysis Market Size and CAGR Forecast by Type (2023-2031)

9.4 Global Water Electrolysis Market Size and CAGR Forecast by Application (2023-2031)

9.5 Global Water Electrolysis Market Size and CAGR Forecast by Sales Channel (2023-2031)

Chapter 10 Appendix

10.1 Research Methodology

10.2 Data Sources

10.3 Disclaimer

10.4 Analysts Certification

List of Tables and Figures

Figure Water Electrolysis Example

Figure Global Water Electrolysis Revenue (Million $) Status and Outlook (2017-2031)

Figure Global Water Electrolysis Revenue (Million $) Comparison by Region (2017-2031)

Figure Global Water Electrolysis Revenue (Million $) Comparison by Type (2017-2031)

Figure Global Water Electrolysis Revenue (Million $) Comparison by Application (2017-2031)

Figure Global Water Electrolysis Revenue (Million $) Comparison by Sales Channel (2017-2031)

Table Global Water Electrolysis Sales by Player (2020-2022)

Table Global Water Electrolysis Sales Market Share by Player (2020-2022)

Figure Global Water Electrolysis Sales Market Share by Player in 2022

Table Global Water Electrolysis Revenue (Million $) by Player (2020-2022)

Table Global Water Electrolysis Revenue Market Share by Player (2020-2022)

Figure Global Water Electrolysis Revenue Market Share by Player in 2022

Table Global Water Electrolysis Average Price by Player (2020-2022)

Figure Global Water Electrolysis Average Price by Player in 2022

Figure Global Water Electrolysis Players Competition Situation – Top 5 Players’ Revenue Market Share in 2020

Figure Global Water Electrolysis Players Competition Trends – Top 5 Players’ Revenue Market Share in 2022

Figure Example of Traditional Alkaline Electrolyser

Figure Global Traditional Alkaline Electrolyser Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of PEM Electrolyser

Figure Global PEM Electrolyser Revenue (Million $) and Growth Rate (2017-2022)

Table Global Water Electrolysis Sales by Type (2017-2022)

Table Global Water Electrolysis Sales Market Share by Type (2017-2022)

Figure Global Water Electrolysis Sales Market Share by Type in 2022

Table Global Water Electrolysis Revenue (Million $) by Type (2017-2022)

Table Global Water Electrolysis Revenue Market Share by Type (2017-2022)

Figure Global Water Electrolysis Revenue Market Share by Type in 2022

Table Global Water Electrolysis Average Price by Type (2017-2022)

Figure Global Water Electrolysis Average Price by Type in 2022

Table Leading Players of Water Electrolysis by Type in 2022

Figure Example of Power Plants

Figure Global Water Electrolysis for Power Plants Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of Steel Plant

Figure Global Water Electrolysis for Steel Plant Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of Electronics and Photovoltaics

Figure Global Water Electrolysis for Electronics and Photovoltaics Revenue (Million $) and Growth Rate (2017-2022)

Table Global Water Electrolysis Sales by Application (2017-2022)

Table Global Water Electrolysis Sales Market Share by Application (2017-2022)

Figure Global Water Electrolysis Sales Market Share by Application in 2022

Table Leading Consumers of Water Electrolysis by Application in 2022

Figure Example of Direct Channel

Figure Global Water Electrolysis for Direct Channel Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of Distribution Channel

Figure Global Water Electrolysis for Distribution Channel Revenue (Million $) and Growth Rate (2017-2022)

Table Global Water Electrolysis Revenue by Sales Channel (2017-2022)

Table Global Water Electrolysis Revenue Market Share by Sales Channel (2017-2022)

Figure Global Water Electrolysis Revenue Market Share by Sales Channel in 2022

Table Leading Distributors/Dealers of Water Electrolysis by Sales Channel in 2022

Table Global Water Electrolysis Market Size and CAGR by Region (2017-2031)

Table Global Water Electrolysis Sales by Region (2017-2022)

Table Global Water Electrolysis Sales Market Share by Region (2017-2022)

Figure Global Water Electrolysis Sales Market Share by Region in 2022

Table Global Water Electrolysis Revenue (Million $) by Region (2017-2022)

Table Global Water Electrolysis Revenue Market Share by Region (2017-2022)

Figure Global Water Electrolysis Revenue Market Share by Region in 2022

Table North America Water Electrolysis Sales by Country (2017-2022)

Figure North America Water Electrolysis Sales Market Share by Country (2017-2022)

Table North America Water Electrolysis Revenue by Country (2017-2022)

Figure North America Water Electrolysis Revenue Market Share by Country (2017-2022)

Figure North America Water Electrolysis Market Share by Type in 2022

Figure North America Water Electrolysis Market Share by Application in 2022

Figure United States Water Electrolysis Sales and Growth Rate (2017-2022)

Figure United States Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Canada Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Canada Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Mexico Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Mexico Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Table Europe Water Electrolysis Sales by Country (2017-2022)

Figure Europe Water Electrolysis Sales Market Share by Country (2017-2022)

Table Europe Water Electrolysis Revenue by Country (2017-2022)

Figure Europe Water Electrolysis Revenue Market Share by Country (2017-2022)

Figure Europe Water Electrolysis Market Share by Type in 2022

Figure Europe Water Electrolysis Market Share by Application in 2022

Figure Germany Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Germany Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure UK Water Electrolysis Sales and Growth Rate (2017-2022)

Figure UK Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure France Water Electrolysis Sales and Growth Rate (2017-2022)

Figure France Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Italy Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Italy Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Russia Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Russia Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Spain Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Spain Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Table Asia-Pacific Water Electrolysis Sales by Country (2017-2022)

Figure Asia-Pacific Water Electrolysis Sales Market Share by Country (2017-2022)

Table Asia-Pacific Water Electrolysis Revenue by Country (2017-2022)

Figure Asia-Pacific Water Electrolysis Revenue Market Share by Country (2017-2022)

Figure Asia-Pacific Water Electrolysis Market Share by Type in 2022

Figure Asia-Pacific Water Electrolysis Market Share by Application in 2022

Figure China Water Electrolysis Sales and Growth Rate (2017-2022)

Figure China Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Japan Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Japan Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Korea Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Korea Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure India Water Electrolysis Sales and Growth Rate (2017-2022)

Figure India Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Southeast Asia Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Southeast Asia Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Australia Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Australia Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Table South America Water Electrolysis Sales by Country (2017-2022)

Figure South America Water Electrolysis Sales Market Share by Country (2017-2022)

Table South America Water Electrolysis Revenue by Country (2017-2022)

Figure South America Water Electrolysis Revenue Market Share by Country (2017-2022)

Figure South America Water Electrolysis Market Share by Type in 2022

Figure South America Water Electrolysis Market Share by Application in 2022

Figure Brazil Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Brazil Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Argentina Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Argentina Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Colombia Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Colombia Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Table Middle East & Africa Water Electrolysis Sales by Country (2017-2022)

Figure Middle East & Africa Water Electrolysis Sales Market Share by Country (2017-2022)

Table Middle East & Africa Water Electrolysis Revenue by Country (2017-2022)

Figure Middle East & Africa Water Electrolysis Revenue Market Share by Country (2017-2022)

Figure Middle East & Africa Water Electrolysis Market Share by Type in 2022

Figure Middle East & Africa Water Electrolysis Market Share by Application in 2022

Figure UAE Water Electrolysis Sales and Growth Rate (2017-2022)

Figure UAE Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure Saudi Arabia Water Electrolysis Sales and Growth Rate (2017-2022)

Figure Saudi Arabia Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Figure South Africa Water Electrolysis Sales and Growth Rate (2017-2022)

Figure South Africa Water Electrolysis Revenue (Million $) and Growth Rate (2017-2022)

Table Company Snapshot of 718th Research Institute of CSIC

Table Water Electrolysis Introduction of 718th Research Institute of CSIC

Table Water Electrolysis Sales, Price, Revenue, Gross Margin and Market Share of 718th Research Institute of CSIC (2020-2022)

Table Industrial Chain of Water Electrolysis

Table Manufacturing Cost Structure of Water Electrolysis

Table General Manufacturing Process of Water Electrolysis

Table Leading Distributors/Dealers of Water Electrolysis

Table Leading Consumers of Water Electrolysis

Figure Global Water Electrolysis Sales and Growth Rate Forecast (2023-2031)

Figure Global Water Electrolysis Revenue and Growth Rate Forecast (2023-2031)

Table Global Water Electrolysis Market Size and CAGR Forecast by Region (2023-2031)

Table Global Water Electrolysis Market Size and CAGR Forecast by Type (2023-2031)

Table Global Water Electrolysis Market Size and CAGR Forecast by Application (2023-2031)

Table Global Water Electrolysis Market Size and CAGR Forecast by Sales Channel (2023-2031)

Methodology/Research Approach

Research Programs/Design

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.

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