Hydrogen Electrolyzer Pushing the market size to US$ 3.7 Bn by 2032: FMI

In 2021, the global hydrogen electrolyzer market was valued at $350.6 million USD. Over the projection period, sales are expected to expand at a CAGR of 24.2 percent, bringing the market size to US$ 3.7 billion by 2032. It is a device that utilizes electricity to break water into oxygen and hydrogen in a process known as electrolysis. It comprises …