The global Water Electrolysis Device market size is predicted to grow from US$ 296 million in 2025 to US$ 586 million in 2031; it is expected to grow at a CAGR of 12.0% from 2025 to 2031.

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.

The major players in global water electrolysis market include 718th Research Institute of CSIC, Proton On-Site, Hydrogenics, etc. The top 2 players occupy about 30% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 75% of the global market.

Infinity Market Research newest research report, the Water Electrolysis Device Industry Forecast looks at past sales and reviews total world Water Electrolysis Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Water Electrolysis Device sales for 2025 through 2031. With Water Electrolysis Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Water Electrolysis Device industry.

This Insight Report provides a comprehensive analysis of the global Water Electrolysis Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Water Electrolysis Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Water Electrolysis Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Electrolysis Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Water Electrolysis Device.

This report presents a comprehensive overview, market shares, and growth opportunities of Water Electrolysis Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Traditional Alkaline Electroliser
    PEM Electroliser

Segmentation by Application:

    Power Plants
    Steel Plant
    Electronics and Photovoltaics
    Industrial Gases
    Energy Storage or Fueling for FCEVs
    Power to Gas
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    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 Addressed in this Report

What is the 10-year outlook for the global Water Electrolysis Device market?
What factors are driving Water Electrolysis Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Water Electrolysis Device market opportunities vary by end market size?
How does Water Electrolysis Device break out by Type, by Application?