Global Electrolyzer Market Share Projected to Reach USD 42.4 Billion by 2034, Driving A Robust Growth of 24.6% CAGR

The global electrolyzer market is poised for remarkable expansion, with projections indicating a surge from USD 4.7 billion in 2024 to USD 42.4 billion by 2034. This rapid growth reflects a compound annual growth rate (CAGR) of 24.6%, driven primarily by the increasing demand for green hydrogen generation and the global push towards decarbonization. Demand Analysis: Past vs. Future Historically, …