The global Water Electrolytic Cell market size is expected to reach $ 2304 million by 2032, rising at a market growth of 24.5% CAGR during the forecast period (2026-2032).
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.
Global core water electrolytic cell manufactures include Suzhou Jingli, 718th Research Institute of CSIC, Proton On-Site etc. The top 2 companies hold a share about 38%. Asia-Pacific is the largest market, with a share about 58%, followed by Europe and North America with the share about 26% and 10%. In terms of product, traditional alkaline electroliser is the largest segment, with a share over 71%. And in terms of application, the largest application is energy storage or fueling for FCEV"s, followed by power to gas and industrial gases.
This report studies the global Water Electrolytic Cell production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Water Electrolytic Cell and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Water Electrolytic Cell that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Water Electrolytic Cell total production and demand, 2021-2032, (Units)
Global Water Electrolytic Cell total production value, 2021-2032, (USD Million)
Global Water Electrolytic Cell production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)
Global Water Electrolytic Cell consumption by region & country, CAGR, 2021-2032 & (Units)
U.S. VS China: Water Electrolytic Cell domestic production, consumption, key domestic manufacturers and share
Global Water Electrolytic Cell production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)
Global Water Electrolytic Cell production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)
Global Water Electrolytic Cell production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)
This report profiles key players in the global Water Electrolytic Cell market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 718th Research Institute of CSIC, Suzhou Jingli, Proton On-Site, Cummins, Siemens, Teledyne Energy Systems, EM Solution, McPhy, Nel Hydrogen, Toshiba, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Water Electrolytic Cell market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Water Electrolytic Cell Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Water Electrolytic Cell Market, Segmentation by Type:
Traditional Alkaline Electroliser
PEM Electroliser
Global Water Electrolytic Cell Market, Segmentation by Application:
Power
Steel
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
Companies Profiled:
718th Research Institute of CSIC
Suzhou Jingli
Proton On-Site
Cummins
Siemens
Teledyne Energy Systems
EM Solution
McPhy
Nel Hydrogen
Toshiba
TianJin Mainland
Yangzhou Chungdean Hydrogen Equipment
Elogen
Erredue SpA
Kobelco Eco-Solutions
ITM Power
Idroenergy Spa
ShaanXi HuaQin
Beijing Zhongdian
Elchemtech
H2B2
Verde LLC
Key Questions Answered:
1. How big is the global Water Electrolytic Cell market?
2. What is the demand of the global Water Electrolytic Cell market?
3. What is the year over year growth of the global Water Electrolytic Cell market?
4. What is the production and production value of the global Water Electrolytic Cell market?
5. Who are the key producers in the global Water Electrolytic Cell market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Water Electrolytic Cell. Industry analysis & Market Report on Water Electrolytic Cell is a syndicated market report, published as Global Water Electrolytic Cell Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Water Electrolytic Cell market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.