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Global Megawatt-Class PEM Electrolyzer Market Research Report 2025
Published Date: January 2025
|
Report Code: QYRE-Auto-23V18481
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Global Megawatt Class PEM Electrolyzer Market Research Report 2025
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Global Megawatt-Class PEM Electrolyzer Market Research Report 2025

Code: QYRE-Auto-23V18481
Report
January 2025
Pages:102
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Megawatt-Class PEM Electrolyzer Market Size

The global market for Megawatt-Class PEM Electrolyzer was valued at US$ 146 million in the year 2024 and is projected to reach a revised size of US$ 1731 million by 2031, growing at a CAGR of 42.7% during the forecast period.

Megawatt-Class PEM Electrolyzer Market

Megawatt-Class PEM Electrolyzer Market

A megawatt-class PEM (Proton Exchange Membrane) electrolyzer is a large - scale device used for water electrolysis to produce hydrogen and oxygen. It is capable of operating at a power level of megawatts (MW), typically with a hydrogen production capacity in a significant amount due to its high - power operation.
North American market for Megawatt-Class PEM Electrolyzer is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Megawatt-Class PEM Electrolyzer is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Megawatt-Class PEM Electrolyzer include NEL Hydrogen, Cummins, Siemens, ITM Power, Shandong Saksay Hydrogen Energy, Elogen, Quest One, Elchemtech, Plug Power Inc., GreenH Electrolysis, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Megawatt-Class PEM Electrolyzer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Megawatt-Class PEM Electrolyzer.
The Megawatt-Class PEM Electrolyzer market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Megawatt-Class PEM Electrolyzer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Megawatt-Class PEM Electrolyzer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Megawatt-Class PEM Electrolyzer Market Report

Report Metric Details
Report Name Megawatt-Class PEM Electrolyzer Market
Accounted market size in year US$ 146 million
Forecasted market size in 2031 US$ 1731 million
CAGR 42.7%
Base Year year
Forecasted years 2025 - 2031
by Type
  • <3MW
  • 3-5MW
  • >5MW
by Application
Production by Region
  • North America
  • Europe
  • China
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company NEL Hydrogen, Cummins, Siemens, ITM Power, Shandong Saksay Hydrogen Energy, Elogen, Quest One, Elchemtech, Plug Power Inc., GreenH Electrolysis, Changchun Lvdong Hydrogen Energy Technology, Sunshine Hydrogen Technology, BriHyNergy
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Megawatt-Class PEM Electrolyzer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Megawatt-Class PEM Electrolyzer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Megawatt-Class PEM Electrolyzer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Megawatt-Class PEM Electrolyzer Market growing?

Ans: The Megawatt-Class PEM Electrolyzer Market witnessing a CAGR of 42.7% during the forecast period 2025-2031.

What is the Megawatt-Class PEM Electrolyzer Market size in 2031?

Ans: The Megawatt-Class PEM Electrolyzer Market size in 2031 will be US$ 1731 million.

Who are the main players in the Megawatt-Class PEM Electrolyzer Market report?

Ans: The main players in the Megawatt-Class PEM Electrolyzer Market are NEL Hydrogen, Cummins, Siemens, ITM Power, Shandong Saksay Hydrogen Energy, Elogen, Quest One, Elchemtech, Plug Power Inc., GreenH Electrolysis, Changchun Lvdong Hydrogen Energy Technology, Sunshine Hydrogen Technology, BriHyNergy

What are the Application segmentation covered in the Megawatt-Class PEM Electrolyzer Market report?

Ans: The Applications covered in the Megawatt-Class PEM Electrolyzer Market report are Hydrogen Station, Petrochemicals, Others

What are the Type segmentation covered in the Megawatt-Class PEM Electrolyzer Market report?

Ans: The Types covered in the Megawatt-Class PEM Electrolyzer Market report are <3MW, 3-5MW, >5MW

Recommended Reports

PEM Electrolyzer Markets

Proton Exchange Membrane

Electrolysis & Hydrogen

1 Megawatt-Class PEM Electrolyzer Market Overview
1.1 Product Definition
1.2 Megawatt-Class PEM Electrolyzer by Type
1.2.1 Global Megawatt-Class PEM Electrolyzer Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 <3MW
1.2.3 3-5MW
1.2.4 >5MW
1.3 Megawatt-Class PEM Electrolyzer by Application
1.3.1 Global Megawatt-Class PEM Electrolyzer Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Hydrogen Station
1.3.3 Petrochemicals
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Megawatt-Class PEM Electrolyzer Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Megawatt-Class PEM Electrolyzer Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Megawatt-Class PEM Electrolyzer Production Estimates and Forecasts (2020-2031)
1.4.4 Global Megawatt-Class PEM Electrolyzer Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Megawatt-Class PEM Electrolyzer Production Market Share by Manufacturers (2020-2025)
2.2 Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Megawatt-Class PEM Electrolyzer, Industry Ranking, 2023 VS 2024
2.4 Global Megawatt-Class PEM Electrolyzer Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Megawatt-Class PEM Electrolyzer Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Megawatt-Class PEM Electrolyzer, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Megawatt-Class PEM Electrolyzer, Product Offered and Application
2.8 Global Key Manufacturers of Megawatt-Class PEM Electrolyzer, Date of Enter into This Industry
2.9 Megawatt-Class PEM Electrolyzer Market Competitive Situation and Trends
2.9.1 Megawatt-Class PEM Electrolyzer Market Concentration Rate
2.9.2 Global 5 and 10 Largest Megawatt-Class PEM Electrolyzer Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Megawatt-Class PEM Electrolyzer Production by Region
3.1 Global Megawatt-Class PEM Electrolyzer Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Megawatt-Class PEM Electrolyzer Production Value by Region (2020-2031)
3.2.1 Global Megawatt-Class PEM Electrolyzer Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Megawatt-Class PEM Electrolyzer by Region (2026-2031)
3.3 Global Megawatt-Class PEM Electrolyzer Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Megawatt-Class PEM Electrolyzer Production Volume by Region (2020-2031)
3.4.1 Global Megawatt-Class PEM Electrolyzer Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Megawatt-Class PEM Electrolyzer by Region (2026-2031)
3.5 Global Megawatt-Class PEM Electrolyzer Market Price Analysis by Region (2020-2025)
3.6 Global Megawatt-Class PEM Electrolyzer Production and Value, Year-over-Year Growth
3.6.1 North America Megawatt-Class PEM Electrolyzer Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Megawatt-Class PEM Electrolyzer Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Megawatt-Class PEM Electrolyzer Production Value Estimates and Forecasts (2020-2031)
4 Megawatt-Class PEM Electrolyzer Consumption by Region
4.1 Global Megawatt-Class PEM Electrolyzer Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Megawatt-Class PEM Electrolyzer Consumption by Region (2020-2031)
4.2.1 Global Megawatt-Class PEM Electrolyzer Consumption by Region (2020-2025)
4.2.2 Global Megawatt-Class PEM Electrolyzer Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Megawatt-Class PEM Electrolyzer Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Megawatt-Class PEM Electrolyzer Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Megawatt-Class PEM Electrolyzer Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Megawatt-Class PEM Electrolyzer Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Megawatt-Class PEM Electrolyzer Production by Type (2020-2031)
5.1.1 Global Megawatt-Class PEM Electrolyzer Production by Type (2020-2025)
5.1.2 Global Megawatt-Class PEM Electrolyzer Production by Type (2026-2031)
5.1.3 Global Megawatt-Class PEM Electrolyzer Production Market Share by Type (2020-2031)
5.2 Global Megawatt-Class PEM Electrolyzer Production Value by Type (2020-2031)
5.2.1 Global Megawatt-Class PEM Electrolyzer Production Value by Type (2020-2025)
5.2.2 Global Megawatt-Class PEM Electrolyzer Production Value by Type (2026-2031)
5.2.3 Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Type (2020-2031)
5.3 Global Megawatt-Class PEM Electrolyzer Price by Type (2020-2031)
6 Segment by Application
6.1 Global Megawatt-Class PEM Electrolyzer Production by Application (2020-2031)
6.1.1 Global Megawatt-Class PEM Electrolyzer Production by Application (2020-2025)
6.1.2 Global Megawatt-Class PEM Electrolyzer Production by Application (2026-2031)
6.1.3 Global Megawatt-Class PEM Electrolyzer Production Market Share by Application (2020-2031)
6.2 Global Megawatt-Class PEM Electrolyzer Production Value by Application (2020-2031)
6.2.1 Global Megawatt-Class PEM Electrolyzer Production Value by Application (2020-2025)
6.2.2 Global Megawatt-Class PEM Electrolyzer Production Value by Application (2026-2031)
6.2.3 Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Application (2020-2031)
6.3 Global Megawatt-Class PEM Electrolyzer Price by Application (2020-2031)
7 Key Companies Profiled
7.1 NEL Hydrogen
7.1.1 NEL Hydrogen Megawatt-Class PEM Electrolyzer Company Information
7.1.2 NEL Hydrogen Megawatt-Class PEM Electrolyzer Product Portfolio
7.1.3 NEL Hydrogen Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.1.4 NEL Hydrogen Main Business and Markets Served
7.1.5 NEL Hydrogen Recent Developments/Updates
7.2 Cummins
7.2.1 Cummins Megawatt-Class PEM Electrolyzer Company Information
7.2.2 Cummins Megawatt-Class PEM Electrolyzer Product Portfolio
7.2.3 Cummins Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Cummins Main Business and Markets Served
7.2.5 Cummins Recent Developments/Updates
7.3 Siemens
7.3.1 Siemens Megawatt-Class PEM Electrolyzer Company Information
7.3.2 Siemens Megawatt-Class PEM Electrolyzer Product Portfolio
7.3.3 Siemens Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Siemens Main Business and Markets Served
7.3.5 Siemens Recent Developments/Updates
7.4 ITM Power
7.4.1 ITM Power Megawatt-Class PEM Electrolyzer Company Information
7.4.2 ITM Power Megawatt-Class PEM Electrolyzer Product Portfolio
7.4.3 ITM Power Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.4.4 ITM Power Main Business and Markets Served
7.4.5 ITM Power Recent Developments/Updates
7.5 Shandong Saksay Hydrogen Energy
7.5.1 Shandong Saksay Hydrogen Energy Megawatt-Class PEM Electrolyzer Company Information
7.5.2 Shandong Saksay Hydrogen Energy Megawatt-Class PEM Electrolyzer Product Portfolio
7.5.3 Shandong Saksay Hydrogen Energy Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Shandong Saksay Hydrogen Energy Main Business and Markets Served
7.5.5 Shandong Saksay Hydrogen Energy Recent Developments/Updates
7.6 Elogen
7.6.1 Elogen Megawatt-Class PEM Electrolyzer Company Information
7.6.2 Elogen Megawatt-Class PEM Electrolyzer Product Portfolio
7.6.3 Elogen Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Elogen Main Business and Markets Served
7.6.5 Elogen Recent Developments/Updates
7.7 Quest One
7.7.1 Quest One Megawatt-Class PEM Electrolyzer Company Information
7.7.2 Quest One Megawatt-Class PEM Electrolyzer Product Portfolio
7.7.3 Quest One Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Quest One Main Business and Markets Served
7.7.5 Quest One Recent Developments/Updates
7.8 Elchemtech
7.8.1 Elchemtech Megawatt-Class PEM Electrolyzer Company Information
7.8.2 Elchemtech Megawatt-Class PEM Electrolyzer Product Portfolio
7.8.3 Elchemtech Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Elchemtech Main Business and Markets Served
7.8.5 Elchemtech Recent Developments/Updates
7.9 Plug Power Inc.
7.9.1 Plug Power Inc. Megawatt-Class PEM Electrolyzer Company Information
7.9.2 Plug Power Inc. Megawatt-Class PEM Electrolyzer Product Portfolio
7.9.3 Plug Power Inc. Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Plug Power Inc. Main Business and Markets Served
7.9.5 Plug Power Inc. Recent Developments/Updates
7.10 GreenH Electrolysis
7.10.1 GreenH Electrolysis Megawatt-Class PEM Electrolyzer Company Information
7.10.2 GreenH Electrolysis Megawatt-Class PEM Electrolyzer Product Portfolio
7.10.3 GreenH Electrolysis Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.10.4 GreenH Electrolysis Main Business and Markets Served
7.10.5 GreenH Electrolysis Recent Developments/Updates
7.11 Changchun Lvdong Hydrogen Energy Technology
7.11.1 Changchun Lvdong Hydrogen Energy Technology Megawatt-Class PEM Electrolyzer Company Information
7.11.2 Changchun Lvdong Hydrogen Energy Technology Megawatt-Class PEM Electrolyzer Product Portfolio
7.11.3 Changchun Lvdong Hydrogen Energy Technology Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Changchun Lvdong Hydrogen Energy Technology Main Business and Markets Served
7.11.5 Changchun Lvdong Hydrogen Energy Technology Recent Developments/Updates
7.12 Sunshine Hydrogen Technology
7.12.1 Sunshine Hydrogen Technology Megawatt-Class PEM Electrolyzer Company Information
7.12.2 Sunshine Hydrogen Technology Megawatt-Class PEM Electrolyzer Product Portfolio
7.12.3 Sunshine Hydrogen Technology Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Sunshine Hydrogen Technology Main Business and Markets Served
7.12.5 Sunshine Hydrogen Technology Recent Developments/Updates
7.13 BriHyNergy
7.13.1 BriHyNergy Megawatt-Class PEM Electrolyzer Company Information
7.13.2 BriHyNergy Megawatt-Class PEM Electrolyzer Product Portfolio
7.13.3 BriHyNergy Megawatt-Class PEM Electrolyzer Production, Value, Price and Gross Margin (2020-2025)
7.13.4 BriHyNergy Main Business and Markets Served
7.13.5 BriHyNergy Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Megawatt-Class PEM Electrolyzer Industry Chain Analysis
8.2 Megawatt-Class PEM Electrolyzer Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Megawatt-Class PEM Electrolyzer Production Mode & Process Analysis
8.4 Megawatt-Class PEM Electrolyzer Sales and Marketing
8.4.1 Megawatt-Class PEM Electrolyzer Sales Channels
8.4.2 Megawatt-Class PEM Electrolyzer Distributors
8.5 Megawatt-Class PEM Electrolyzer Customer Analysis
9 Megawatt-Class PEM Electrolyzer Market Dynamics
9.1 Megawatt-Class PEM Electrolyzer Industry Trends
9.2 Megawatt-Class PEM Electrolyzer Market Drivers
9.3 Megawatt-Class PEM Electrolyzer Market Challenges
9.4 Megawatt-Class PEM Electrolyzer Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Megawatt-Class PEM Electrolyzer Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Megawatt-Class PEM Electrolyzer Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Megawatt-Class PEM Electrolyzer Production Capacity (Units) by Manufacturers in 2024
 Table 4. Global Megawatt-Class PEM Electrolyzer Production by Manufacturers (2020-2025) & (Units)
 Table 5. Global Megawatt-Class PEM Electrolyzer Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Megawatt-Class PEM Electrolyzer Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Megawatt-Class PEM Electrolyzer Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Megawatt-Class PEM Electrolyzer, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Megawatt-Class PEM Electrolyzer as of 2024)
 Table 10. Global Market Megawatt-Class PEM Electrolyzer Average Price by Manufacturers (K US$/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of Megawatt-Class PEM Electrolyzer, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Megawatt-Class PEM Electrolyzer, Product Offered and Application
 Table 13. Global Key Manufacturers of Megawatt-Class PEM Electrolyzer, Date of Enter into This Industry
 Table 14. Global Megawatt-Class PEM Electrolyzer Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Megawatt-Class PEM Electrolyzer Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Megawatt-Class PEM Electrolyzer Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Region (2020-2025)
 Table 19. Global Megawatt-Class PEM Electrolyzer Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Megawatt-Class PEM Electrolyzer Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Megawatt-Class PEM Electrolyzer Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)
 Table 22. Global Megawatt-Class PEM Electrolyzer Production (Units) by Region (2020-2025)
 Table 23. Global Megawatt-Class PEM Electrolyzer Production Market Share by Region (2020-2025)
 Table 24. Global Megawatt-Class PEM Electrolyzer Production (Units) Forecast by Region (2026-2031)
 Table 25. Global Megawatt-Class PEM Electrolyzer Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Megawatt-Class PEM Electrolyzer Market Average Price (K US$/Unit) by Region (2020-2025)
 Table 27. Global Megawatt-Class PEM Electrolyzer Market Average Price (K US$/Unit) by Region (2026-2031)
 Table 28. Global Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)
 Table 29. Global Megawatt-Class PEM Electrolyzer Consumption by Region (2020-2025) & (Units)
 Table 30. Global Megawatt-Class PEM Electrolyzer Consumption Market Share by Region (2020-2025)
 Table 31. Global Megawatt-Class PEM Electrolyzer Forecasted Consumption by Region (2026-2031) & (Units)
 Table 32. Global Megawatt-Class PEM Electrolyzer Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
 Table 34. North America Megawatt-Class PEM Electrolyzer Consumption by Country (2020-2025) & (Units)
 Table 35. North America Megawatt-Class PEM Electrolyzer Consumption by Country (2026-2031) & (Units)
 Table 36. Europe Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
 Table 37. Europe Megawatt-Class PEM Electrolyzer Consumption by Country (2020-2025) & (Units)
 Table 38. Europe Megawatt-Class PEM Electrolyzer Consumption by Country (2026-2031) & (Units)
 Table 39. Asia Pacific Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)
 Table 40. Asia Pacific Megawatt-Class PEM Electrolyzer Consumption by Region (2020-2025) & (Units)
 Table 41. Asia Pacific Megawatt-Class PEM Electrolyzer Consumption by Region (2026-2031) & (Units)
 Table 42. Latin America, Middle East & Africa Megawatt-Class PEM Electrolyzer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
 Table 43. Latin America, Middle East & Africa Megawatt-Class PEM Electrolyzer Consumption by Country (2020-2025) & (Units)
 Table 44. Latin America, Middle East & Africa Megawatt-Class PEM Electrolyzer Consumption by Country (2026-2031) & (Units)
 Table 45. Global Megawatt-Class PEM Electrolyzer Production (Units) by Type (2020-2025)
 Table 46. Global Megawatt-Class PEM Electrolyzer Production (Units) by Type (2026-2031)
 Table 47. Global Megawatt-Class PEM Electrolyzer Production Market Share by Type (2020-2025)
 Table 48. Global Megawatt-Class PEM Electrolyzer Production Market Share by Type (2026-2031)
 Table 49. Global Megawatt-Class PEM Electrolyzer Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Megawatt-Class PEM Electrolyzer Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Type (2020-2025)
 Table 52. Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Type (2026-2031)
 Table 53. Global Megawatt-Class PEM Electrolyzer Price (K US$/Unit) by Type (2020-2025)
 Table 54. Global Megawatt-Class PEM Electrolyzer Price (K US$/Unit) by Type (2026-2031)
 Table 55. Global Megawatt-Class PEM Electrolyzer Production (Units) by Application (2020-2025)
 Table 56. Global Megawatt-Class PEM Electrolyzer Production (Units) by Application (2026-2031)
 Table 57. Global Megawatt-Class PEM Electrolyzer Production Market Share by Application (2020-2025)
 Table 58. Global Megawatt-Class PEM Electrolyzer Production Market Share by Application (2026-2031)
 Table 59. Global Megawatt-Class PEM Electrolyzer Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Megawatt-Class PEM Electrolyzer Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Application (2020-2025)
 Table 62. Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Application (2026-2031)
 Table 63. Global Megawatt-Class PEM Electrolyzer Price (K US$/Unit) by Application (2020-2025)
 Table 64. Global Megawatt-Class PEM Electrolyzer Price (K US$/Unit) by Application (2026-2031)
 Table 65. NEL Hydrogen Megawatt-Class PEM Electrolyzer Company Information
 Table 66. NEL Hydrogen Megawatt-Class PEM Electrolyzer Specification and Application
 Table 67. NEL Hydrogen Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 68. NEL Hydrogen Main Business and Markets Served
 Table 69. NEL Hydrogen Recent Developments/Updates
 Table 70. Cummins Megawatt-Class PEM Electrolyzer Company Information
 Table 71. Cummins Megawatt-Class PEM Electrolyzer Specification and Application
 Table 72. Cummins Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 73. Cummins Main Business and Markets Served
 Table 74. Cummins Recent Developments/Updates
 Table 75. Siemens Megawatt-Class PEM Electrolyzer Company Information
 Table 76. Siemens Megawatt-Class PEM Electrolyzer Specification and Application
 Table 77. Siemens Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 78. Siemens Main Business and Markets Served
 Table 79. Siemens Recent Developments/Updates
 Table 80. ITM Power Megawatt-Class PEM Electrolyzer Company Information
 Table 81. ITM Power Megawatt-Class PEM Electrolyzer Specification and Application
 Table 82. ITM Power Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 83. ITM Power Main Business and Markets Served
 Table 84. ITM Power Recent Developments/Updates
 Table 85. Shandong Saksay Hydrogen Energy Megawatt-Class PEM Electrolyzer Company Information
 Table 86. Shandong Saksay Hydrogen Energy Megawatt-Class PEM Electrolyzer Specification and Application
 Table 87. Shandong Saksay Hydrogen Energy Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 88. Shandong Saksay Hydrogen Energy Main Business and Markets Served
 Table 89. Shandong Saksay Hydrogen Energy Recent Developments/Updates
 Table 90. Elogen Megawatt-Class PEM Electrolyzer Company Information
 Table 91. Elogen Megawatt-Class PEM Electrolyzer Specification and Application
 Table 92. Elogen Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 93. Elogen Main Business and Markets Served
 Table 94. Elogen Recent Developments/Updates
 Table 95. Quest One Megawatt-Class PEM Electrolyzer Company Information
 Table 96. Quest One Megawatt-Class PEM Electrolyzer Specification and Application
 Table 97. Quest One Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 98. Quest One Main Business and Markets Served
 Table 99. Quest One Recent Developments/Updates
 Table 100. Elchemtech Megawatt-Class PEM Electrolyzer Company Information
 Table 101. Elchemtech Megawatt-Class PEM Electrolyzer Specification and Application
 Table 102. Elchemtech Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 103. Elchemtech Main Business and Markets Served
 Table 104. Elchemtech Recent Developments/Updates
 Table 105. Plug Power Inc. Megawatt-Class PEM Electrolyzer Company Information
 Table 106. Plug Power Inc. Megawatt-Class PEM Electrolyzer Specification and Application
 Table 107. Plug Power Inc. Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 108. Plug Power Inc. Main Business and Markets Served
 Table 109. Plug Power Inc. Recent Developments/Updates
 Table 110. GreenH Electrolysis Megawatt-Class PEM Electrolyzer Company Information
 Table 111. GreenH Electrolysis Megawatt-Class PEM Electrolyzer Specification and Application
 Table 112. GreenH Electrolysis Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 113. GreenH Electrolysis Main Business and Markets Served
 Table 114. GreenH Electrolysis Recent Developments/Updates
 Table 115. Changchun Lvdong Hydrogen Energy Technology Megawatt-Class PEM Electrolyzer Company Information
 Table 116. Changchun Lvdong Hydrogen Energy Technology Megawatt-Class PEM Electrolyzer Specification and Application
 Table 117. Changchun Lvdong Hydrogen Energy Technology Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 118. Changchun Lvdong Hydrogen Energy Technology Main Business and Markets Served
 Table 119. Changchun Lvdong Hydrogen Energy Technology Recent Developments/Updates
 Table 120. Sunshine Hydrogen Technology Megawatt-Class PEM Electrolyzer Company Information
 Table 121. Sunshine Hydrogen Technology Megawatt-Class PEM Electrolyzer Specification and Application
 Table 122. Sunshine Hydrogen Technology Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 123. Sunshine Hydrogen Technology Main Business and Markets Served
 Table 124. Sunshine Hydrogen Technology Recent Developments/Updates
 Table 125. BriHyNergy Megawatt-Class PEM Electrolyzer Company Information
 Table 126. BriHyNergy Megawatt-Class PEM Electrolyzer Specification and Application
 Table 127. BriHyNergy Megawatt-Class PEM Electrolyzer Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 128. BriHyNergy Main Business and Markets Served
 Table 129. BriHyNergy Recent Developments/Updates
 Table 130. Key Raw Materials Lists
 Table 131. Raw Materials Key Suppliers Lists
 Table 132. Megawatt-Class PEM Electrolyzer Distributors List
 Table 133. Megawatt-Class PEM Electrolyzer Customers List
 Table 134. Megawatt-Class PEM Electrolyzer Market Trends
 Table 135. Megawatt-Class PEM Electrolyzer Market Drivers
 Table 136. Megawatt-Class PEM Electrolyzer Market Challenges
 Table 137. Megawatt-Class PEM Electrolyzer Market Restraints
 Table 138. Research Programs/Design for This Report
 Table 139. Key Data Information from Secondary Sources
 Table 140. Key Data Information from Primary Sources
 Table 141. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Megawatt-Class PEM Electrolyzer
 Figure 2. Global Megawatt-Class PEM Electrolyzer Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Megawatt-Class PEM Electrolyzer Market Share by Type: 2024 VS 2031
 Figure 4. <3MW Product Picture
 Figure 5. 3-5MW Product Picture
 Figure 6. >5MW Product Picture
 Figure 7. Global Megawatt-Class PEM Electrolyzer Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Megawatt-Class PEM Electrolyzer Market Share by Application: 2024 VS 2031
 Figure 9. Hydrogen Station
 Figure 10. Petrochemicals
 Figure 11. Others
 Figure 12. Global Megawatt-Class PEM Electrolyzer Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global Megawatt-Class PEM Electrolyzer Production Value (US$ Million) & (2020-2031)
 Figure 14. Global Megawatt-Class PEM Electrolyzer Production Capacity (Units) & (2020-2031)
 Figure 15. Global Megawatt-Class PEM Electrolyzer Production (Units) & (2020-2031)
 Figure 16. Global Megawatt-Class PEM Electrolyzer Average Price (K US$/Unit) & (2020-2031)
 Figure 17. Megawatt-Class PEM Electrolyzer Report Years Considered
 Figure 18. Megawatt-Class PEM Electrolyzer Production Share by Manufacturers in 2024
 Figure 19. Global Megawatt-Class PEM Electrolyzer Production Value Share by Manufacturers (2024)
 Figure 20. Megawatt-Class PEM Electrolyzer Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 21. The Global 5 and 10 Largest Players: Market Share by Megawatt-Class PEM Electrolyzer Revenue in 2024
 Figure 22. Global Megawatt-Class PEM Electrolyzer Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 23. Global Megawatt-Class PEM Electrolyzer Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. Global Megawatt-Class PEM Electrolyzer Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)
 Figure 25. Global Megawatt-Class PEM Electrolyzer Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. North America Megawatt-Class PEM Electrolyzer Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Europe Megawatt-Class PEM Electrolyzer Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. China Megawatt-Class PEM Electrolyzer Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Global Megawatt-Class PEM Electrolyzer Consumption by Region: 2020 VS 2024 VS 2031 (Units)
 Figure 30. Global Megawatt-Class PEM Electrolyzer Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 31. North America Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 32. North America Megawatt-Class PEM Electrolyzer Consumption Market Share by Country (2020-2031)
 Figure 33. U.S. Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 34. Canada Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 35. Europe Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 36. Europe Megawatt-Class PEM Electrolyzer Consumption Market Share by Country (2020-2031)
 Figure 37. Germany Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 38. France Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 39. U.K. Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 40. Italy Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 41. Netherlands Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 42. Asia Pacific Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 43. Asia Pacific Megawatt-Class PEM Electrolyzer Consumption Market Share by Region (2020-2031)
 Figure 44. China Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 45. Japan Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 46. South Korea Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 47. China Taiwan Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 48. Southeast Asia Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 49. India Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 50. Latin America, Middle East & Africa Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 51. Latin America, Middle East & Africa Megawatt-Class PEM Electrolyzer Consumption Market Share by Country (2020-2031)
 Figure 52. Mexico Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 53. Brazil Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 54. Turkey Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 55. GCC Countries Megawatt-Class PEM Electrolyzer Consumption and Growth Rate (2020-2031) & (Units)
 Figure 56. Global Production Market Share of Megawatt-Class PEM Electrolyzer by Type (2020-2031)
 Figure 57. Global Production Value Market Share of Megawatt-Class PEM Electrolyzer by Type (2020-2031)
 Figure 58. Global Megawatt-Class PEM Electrolyzer Price (K US$/Unit) by Type (2020-2031)
 Figure 59. Global Production Market Share of Megawatt-Class PEM Electrolyzer by Application (2020-2031)
 Figure 60. Global Production Value Market Share of Megawatt-Class PEM Electrolyzer by Application (2020-2031)
 Figure 61. Global Megawatt-Class PEM Electrolyzer Price (K US$/Unit) by Application (2020-2031)
 Figure 62. Megawatt-Class PEM Electrolyzer Value Chain
 Figure 63. Channels of Distribution (Direct Vs Distribution)
 Figure 64. Bottom-up and Top-down Approaches for This Report
 Figure 65. Data Triangulation
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