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Home Automation & Process Control Water Electrolysis Market Size & Share, Demand, Growth, Trends and Forecast to 2031

Water Electrolysis Market

Water Electrolysis Market Size, Share & Trends Analysis Report By Electrolyzer Type (Alkaline Electrolyzer, Proton Exchange Membrane (PEM) Electrolyzer, Solid Oxide Electrolyzer Cell (SOEC), Anion Exchange Membrane (AEM) Electrolyzer), By End-User Applications (Ammonia Production, Methanol Production, Refining Industry, Power and Energy Storage, Transportation/Mobility Industry, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRAP54095DR
Study Period 2019-2031 CAGR 35.4%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 468 Million
Forecast Year 2031 Forecast Year Market Size USD 7162 Million
Largest Market Europe Fastest Growing Market North America
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Market Segmentation

  1. Water Electrolysis Market, By Electrolyzer Type (2021-2031)
    1. Alkaline Electrolyzer
    2. Proton Exchange Membrane (PEM) Electrolyzer
    3. Solid Oxide Electrolyzer Cell (SOEC)
    4. Anion Exchange Membrane (AEM) Electrolyzer
  2. Water Electrolysis Market, By End-User Applications (2021-2031)
    1. Ammonia Production
    2. Methanol Production
    3. Refining Industry
    4. Power and Energy Storage
    5. Transportation/Mobility Industry
    6. Others
    1. North America
      1. North America Water Electrolysis Market, By Electrolyzer Type
        1. Alkaline Electrolyzer
          1. Proton Exchange Membrane (PEM) Electrolyzer
            1. Solid Oxide Electrolyzer Cell (SOEC)
              1. Anion Exchange Membrane (AEM) Electrolyzer
              2. North America Water Electrolysis Market, By End-User Applications
                1. Ammonia Production
                  1. Methanol Production
                    1. Refining Industry
                      1. Power and Energy Storage
                        1. Transportation/Mobility Industry
                          1. Others
                          2. U.S.
                            1. U.S. Water Electrolysis Market, By Electrolyzer Type
                              1. Alkaline Electrolyzer
                                1. Proton Exchange Membrane (PEM) Electrolyzer
                                  1. Solid Oxide Electrolyzer Cell (SOEC)
                                    1. Anion Exchange Membrane (AEM) Electrolyzer
                                    2. U.S. Water Electrolysis Market, By End-User Applications
                                      1. Ammonia Production
                                        1. Methanol Production
                                          1. Refining Industry
                                            1. Power and Energy Storage
                                              1. Transportation/Mobility Industry
                                                1. Others
                                              2. Canada
                                            2. Europe
                                              1. Europe Water Electrolysis Market, By Electrolyzer Type
                                                1. Alkaline Electrolyzer
                                                  1. Proton Exchange Membrane (PEM) Electrolyzer
                                                    1. Solid Oxide Electrolyzer Cell (SOEC)
                                                      1. Anion Exchange Membrane (AEM) Electrolyzer
                                                      2. Europe Water Electrolysis Market, By End-User Applications
                                                        1. Ammonia Production
                                                          1. Methanol Production
                                                            1. Refining Industry
                                                              1. Power and Energy Storage
                                                                1. Transportation/Mobility Industry
                                                                  1. Others
                                                                  2. U.K.
                                                                    1. U.K. Water Electrolysis Market, By Electrolyzer Type
                                                                      1. Alkaline Electrolyzer
                                                                        1. Proton Exchange Membrane (PEM) Electrolyzer
                                                                          1. Solid Oxide Electrolyzer Cell (SOEC)
                                                                            1. Anion Exchange Membrane (AEM) Electrolyzer
                                                                            2. U.K. Water Electrolysis Market, By End-User Applications
                                                                              1. Ammonia Production
                                                                                1. Methanol Production
                                                                                  1. Refining Industry
                                                                                    1. Power and Energy Storage
                                                                                      1. Transportation/Mobility Industry
                                                                                        1. Others
                                                                                      2. Germany
                                                                                      3. France
                                                                                      4. Spain
                                                                                      5. Italy
                                                                                      6. Russia
                                                                                      7. Nordic
                                                                                      8. Benelux
                                                                                      9. Rest of Europe
                                                                                    2. APAC
                                                                                      1. APAC Water Electrolysis Market, By Electrolyzer Type
                                                                                        1. Alkaline Electrolyzer
                                                                                          1. Proton Exchange Membrane (PEM) Electrolyzer
                                                                                            1. Solid Oxide Electrolyzer Cell (SOEC)
                                                                                              1. Anion Exchange Membrane (AEM) Electrolyzer
                                                                                              2. APAC Water Electrolysis Market, By End-User Applications
                                                                                                1. Ammonia Production
                                                                                                  1. Methanol Production
                                                                                                    1. Refining Industry
                                                                                                      1. Power and Energy Storage
                                                                                                        1. Transportation/Mobility Industry
                                                                                                          1. Others
                                                                                                          2. China
                                                                                                            1. China Water Electrolysis Market, By Electrolyzer Type
                                                                                                              1. Alkaline Electrolyzer
                                                                                                                1. Proton Exchange Membrane (PEM) Electrolyzer
                                                                                                                  1. Solid Oxide Electrolyzer Cell (SOEC)
                                                                                                                    1. Anion Exchange Membrane (AEM) Electrolyzer
                                                                                                                    2. China Water Electrolysis Market, By End-User Applications
                                                                                                                      1. Ammonia Production
                                                                                                                        1. Methanol Production
                                                                                                                          1. Refining Industry
                                                                                                                            1. Power and Energy Storage
                                                                                                                              1. Transportation/Mobility Industry
                                                                                                                                1. Others
                                                                                                                              2. Korea
                                                                                                                              3. Japan
                                                                                                                              4. India
                                                                                                                              5. Australia
                                                                                                                              6. Taiwan
                                                                                                                              7. South East Asia
                                                                                                                              8. Rest of Asia-Pacific
                                                                                                                            2. Middle East and Africa
                                                                                                                              1. Middle East and Africa Water Electrolysis Market, By Electrolyzer Type
                                                                                                                                1. Alkaline Electrolyzer
                                                                                                                                  1. Proton Exchange Membrane (PEM) Electrolyzer
                                                                                                                                    1. Solid Oxide Electrolyzer Cell (SOEC)
                                                                                                                                      1. Anion Exchange Membrane (AEM) Electrolyzer
                                                                                                                                      2. Middle East and Africa Water Electrolysis Market, By End-User Applications
                                                                                                                                        1. Ammonia Production
                                                                                                                                          1. Methanol Production
                                                                                                                                            1. Refining Industry
                                                                                                                                              1. Power and Energy Storage
                                                                                                                                                1. Transportation/Mobility Industry
                                                                                                                                                  1. Others
                                                                                                                                                  2. UAE
                                                                                                                                                    1. UAE Water Electrolysis Market, By Electrolyzer Type
                                                                                                                                                      1. Alkaline Electrolyzer
                                                                                                                                                        1. Proton Exchange Membrane (PEM) Electrolyzer
                                                                                                                                                          1. Solid Oxide Electrolyzer Cell (SOEC)
                                                                                                                                                            1. Anion Exchange Membrane (AEM) Electrolyzer
                                                                                                                                                            2. UAE Water Electrolysis Market, By End-User Applications
                                                                                                                                                              1. Ammonia Production
                                                                                                                                                                1. Methanol Production
                                                                                                                                                                  1. Refining Industry
                                                                                                                                                                    1. Power and Energy Storage
                                                                                                                                                                      1. Transportation/Mobility Industry
                                                                                                                                                                        1. Others
                                                                                                                                                                      2. Turkey
                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                      4. South Africa
                                                                                                                                                                      5. Egypt
                                                                                                                                                                      6. Nigeria
                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                    2. LATAM
                                                                                                                                                                      1. LATAM Water Electrolysis Market, By Electrolyzer Type
                                                                                                                                                                        1. Alkaline Electrolyzer
                                                                                                                                                                          1. Proton Exchange Membrane (PEM) Electrolyzer
                                                                                                                                                                            1. Solid Oxide Electrolyzer Cell (SOEC)
                                                                                                                                                                              1. Anion Exchange Membrane (AEM) Electrolyzer
                                                                                                                                                                              2. LATAM Water Electrolysis Market, By End-User Applications
                                                                                                                                                                                1. Ammonia Production
                                                                                                                                                                                  1. Methanol Production
                                                                                                                                                                                    1. Refining Industry
                                                                                                                                                                                      1. Power and Energy Storage
                                                                                                                                                                                        1. Transportation/Mobility Industry
                                                                                                                                                                                          1. Others
                                                                                                                                                                                          2. Brazil
                                                                                                                                                                                            1. Brazil Water Electrolysis Market, By Electrolyzer Type
                                                                                                                                                                                              1. Alkaline Electrolyzer
                                                                                                                                                                                                1. Proton Exchange Membrane (PEM) Electrolyzer
                                                                                                                                                                                                  1. Solid Oxide Electrolyzer Cell (SOEC)
                                                                                                                                                                                                    1. Anion Exchange Membrane (AEM) Electrolyzer
                                                                                                                                                                                                    2. Brazil Water Electrolysis Market, By End-User Applications
                                                                                                                                                                                                      1. Ammonia Production
                                                                                                                                                                                                        1. Methanol Production
                                                                                                                                                                                                          1. Refining Industry
                                                                                                                                                                                                            1. Power and Energy Storage
                                                                                                                                                                                                              1. Transportation/Mobility Industry
                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                              2. Mexico
                                                                                                                                                                                                              3. Argentina
                                                                                                                                                                                                              4. Chile
                                                                                                                                                                                                              5. Colombia
                                                                                                                                                                                                              6. Rest of LATAM

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