Need help finding what you are looking for?
Contact Us
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1933226
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1933226
Electrolyzer Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034
PUBLISHED:
PAGES: 217 Pages
DELIVERY TIME: Inquiry
SELECT AN OPTION
Growth Factors of electrolyzers Market
The global electrolyzers market is poised for exponential growth due to the increasing global emphasis on green hydrogen production, renewable energy integration, and decarbonization initiatives. The market was valued at USD 7.61 billion in 2025, expected to grow to USD 11.28 billion in 2026, and projected to reach USD 483.17 billion by 2034, representing a CAGR of 59.95% during the forecast period. Asia Pacific dominated the market in 2025 with a remarkable 93.40% share, driven by rising industrial applications, supportive government policies, and growing adoption of fuel cell vehicles.
Electrolyzers are devices that separate water into hydrogen and oxygen using electricity, preferably from renewable sources. They play a crucial role in the green hydrogen economy, enabling industries, transportation, and power plants to transition toward sustainable and low-carbon energy solutions.
Market Trends
The electrolyzers market is experiencing rapid technological innovation, with the rise of Proton Exchange Membrane (PEM) and traditional alkaline electrolyzers. Traditional alkaline electrolyzers dominate the market with 91.93% share in 2026, attributed to affordability, extended operational life, and adaptability. Meanwhile, PEM electrolyzers are gaining traction due to enhanced efficiency, improved membranes, and cost-effective modular designs for industrial applications.
Emerging applications in aviation, maritime, and e-fuel production are accelerating demand. Companies like Airbus and ZeroAvia are developing hydrogen-powered aircraft, while industries increasingly adopt electrolyzers for power-to-gas, ammonia, methanol, and fuel-cell electric vehicles (FCEVs).
Market Growth Factors
Key drivers of market growth include:
- Rising demand for green hydrogen: Industrial sectors such as chemicals, steel, refining, and transportation are increasingly adopting hydrogen to meet carbon neutrality and ESG goals.
- Government incentives: Policies, subsidies, and tax breaks in countries like India, Japan, China, and Europe are supporting electrolyzer deployment. For instance, India allocated USD 513.7 million in 2025 for manufacturing up to 3GW of electrolyzers under the National Green Hydrogen Mission.
- Energy storage and grid balancing: Electrolyzers allow the conversion of surplus renewable electricity into hydrogen, improving grid stability and reliability.
- Strategic collaborations and investments: Companies are partnering to advance electrolyzer technology, reduce costs, and scale up green hydrogen production, such as Toshiba and Bekaert's alliance in 2024 for PEM electrolyzers.
Restraining Factors
The market faces challenges from:
- High initial investment costs and infrastructure needs for hydrogen storage, transportation, and distribution.
- Competition from alternative hydrogen production methods, such as biomass gasification, thermochemical processes, and solar-driven hydrogen generation.
- Limited supply of Platinum Group Metals (PGMs), essential for PEM electrolyzers, which may constrain scalability.
Market Segmentation
By Type:
- Traditional Alkaline Electrolyzers: Dominant due to low cost and long operational life.
- PEM Electrolyzers: Growing segment due to higher efficiency and modular deployment.
By Application:
- Power Plants: Lead globally, contributing 24.73% in 2026, leveraging surplus renewable energy for hydrogen production.
- Energy Storage/Fueling for FCEVs: Significant adoption in transportation and mobility.
- Industrial Applications: Includes steel, chemicals, electronics, and ammonia production.
Regional Insights
Asia Pacific: Leading region with USD 6.99 billion in 2025, forecasted to reach USD 11.28 billion in 2026. China dominates with USD 10.51 billion in 2026, followed by India (USD 0.03 billion) and Japan (USD 0.01 billion), driven by industrial hydrogen use and FCEV adoption.
North America: Market growth supported by clean energy policies, refinery hydro-processing, and investment in hydrogen infrastructure. U.S. market projected to reach USD 0.44 billion in 2026.
Europe: Germany leads adoption due to strong industrial base and renewable energy policies, with USD 0.1 billion in 2026; the UK market is projected at USD 0.05 billion. Investments in refueling stations, pipelines, and hydrogen hubs support growth.
Rest of the World: Latin America and Middle East & Africa are expanding through renewable hydrogen projects, such as Ecopetrol's 5MW green hydrogen plant in Colombia and Masdar-led 2GW green hydrogen project in Egypt.
Key Industry Players
The global electrolyzers market is consolidated, with key players including Siemens Energy, Nel Hydrogen, Asahi Kasei, LONGi, Green Hydrogen Systems, Next Hydrogen, H-Tec Systems, Plug Power, Teledyne Energy Systems, and Accelera. Notable developments:
- January 2025: Nel Hydrogen US received a USD 7 million order for PEM electrolyzers for a U.S. steel mill.
- October 2024: Accelera inaugurated its electrolyzer manufacturing facility in Spain for zero-emission technologies.
- September 2024: Asahi Kasei partnered with De Nora to develop small-scale pressurized alkaline electrolyzers.
Conclusion
The electrolyzers market is set to skyrocket from USD 7.61 billion in 2025 to USD 483.17 billion by 2034, driven by green hydrogen demand, decarbonization goals, renewable energy integration, and supportive policies. Asia Pacific leads global adoption, while North America and Europe continue to invest in hydrogen infrastructure and advanced electrolyzer technologies. Despite challenges like high costs and infrastructure requirements, strategic collaborations, technological innovation, and industrial adoption will position electrolyzers as a critical enabler of the global clean energy transition.
Unit Volume (MW), Value (USD Billion)
Segmentation By Type
- PEM Electrolyzer
- Traditional Alkaline Electrolyzer
- Others
By Application
- Power Plants
- Steel Plant
- Electronics and Photovoltaics
- Industrial Gases
- Energy Storage or Fueling for FCEV
- Power to Gas
- Others
By Region
- North America (By Type, Application, and Country)
- U.S. (By Type)
- Canada (By Type)
- Europe (By Type, Application, and Country)
- Germany (By Type)
- U.K. (By Type)
- France (By Type)
- Italy (By Type)
- Rest of Europe (By Type)
- Asia Pacific (By Type, Application, and Country)
- China (By Type)
- Japan (By Type)
- India (By Type)
- South Korea (By Type)
- Southeast Asia (By Type)
- Rest of Asia Pacific (By Type)
- Rest of the World (By Type, By Application)
Product Code: FBI103919
Table of Content
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends - For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Insights on Regulatory Scenario
- 4.4. Porters Five Forces Analysis
- 4.5. Impact of COVID-19 on the Electrolyzer Market
5. Global Electrolyzer Market Analysis (USD Million, MW), Insights and Forecast, 2021-2034
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast - By Type
- 5.2.1. Traditional Alkaline Electrolyzer
- 5.2.2. PEM Electrolyzer
- 5.3. Market Analysis, Insights and Forecast - By Application
- 5.3.1. Power Plants
- 5.3.2. Steel Plant
- 5.3.3. Electronics and Photovoltaics
- 5.3.4. Industrial Gases
- 5.3.5. Energy Storage or Fueling for FCEV's
- 5.3.6. Power to Gas
- 5.3.7. Others
- 5.4. Market Analysis, Insights and Forecast - By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Rest of World
6. North America Electrolyzer Market Analysis (MW, USD Million), Insights and Forecast, 2021-2034
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast - By Type
- 6.2.1. Traditional Alkaline Electrolyzer
- 6.2.2. PEM Electrolyzer
- 6.3. Market Analysis, Insights and Forecast - By Application
- 6.3.1. Power Plants
- 6.3.2. Steel Plant
- 6.3.3. Electronics and Photovoltaics
- 6.3.4. Industrial Gases
- 6.3.5. Energy Storage or Fueling for FCEV's
- 6.3.6. Power to Gas
- 6.3.7. Others
- 6.4. Market Analysis, Insights and Forecast - By Country
- 6.4.1. United States Market Analysis, Insights and Forecast - By Type
- 6.4.1.1. Traditional Alkaline Electrolyzer
- 6.4.1.2. PEM Electrolyzer
- 6.4.2. Canada Market Analysis, Insights and Forecast - By Type
- 6.4.2.1. Traditional Alkaline Electrolyzer
- 6.4.2.2. PEM Electrolyzer
- 6.4.1. United States Market Analysis, Insights and Forecast - By Type
7. Europe Electrolyzer Market Analysis (MW, USD Million), Insights and Forecast, 2021-2034
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast - By Type
- 7.2.1. Traditional Alkaline Electrolyzer
- 7.2.2. PEM Electrolyzer
- 7.3. Market Analysis, Insights and Forecast - By Application
- 7.3.1. Power Plants
- 7.3.2. Steel Plant
- 7.3.3. Electronics and Photovoltaics
- 7.3.4. Industrial Gases
- 7.3.5. Energy Storage or Fueling for FCEV's
- 7.3.6. Power to Gas
- 7.3.7. Others
- 7.4. Market Analysis, Insights and Forecast - By Country
- 7.4.1. Germany Market Analysis, Insights and Forecast - By Type
- 7.4.1.1. Traditional Alkaline Electrolyzer
- 7.4.1.2. PEM Electrolyzer
- 7.4.2. U.K. Market Analysis, Insights and Forecast - By Type
- 7.4.2.1. Traditional Alkaline Electrolyzer
- 7.4.2.2. PEM Electrolyzer
- 7.4.3. France Market Analysis, Insights and Forecast - By Type
- 7.4.3.1. Traditional Alkaline Electrolyzer
- 7.4.3.2. PEM Electrolyzer
- 7.4.4. Italy Market Analysis, Insights and Forecast - By Type
- 7.4.4.1. Traditional Alkaline Electrolyzer
- 7.4.4.2. PEM Electrolyzer
- 7.4.5. Rest of Europe Market Analysis, Insights and Forecast - By Type
- 7.4.5.1. Traditional Alkaline Electrolyzer
- 7.4.5.2. PEM Electrolyzer
- 7.4.1. Germany Market Analysis, Insights and Forecast - By Type
8. Asia Pacific Electrolyzer Market Analysis (MW, USD Million), Insights and Forecast, 2021-2034
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast - By Type
- 8.2.1. Traditional Alkaline Electrolyzer
- 8.2.2. PEM Electrolyzer
- 8.3. Market Analysis, Insights and Forecast - By Application
- 8.3.1. Power Plants
- 8.3.2. Steel Plant
- 8.3.3. Electronics and Photovoltaics
- 8.3.4. Industrial Gases
- 8.3.5. Energy Storage or Fueling for FCEV's
- 8.3.6. Power to Gas
- 8.3.7. Others
- 8.4. Market Analysis, Insights and Forecast - By Country
- 8.4.1. China Market Analysis, Insights and Forecast - By Type
- 8.4.1.1. Traditional Alkaline Electrolyzer
- 8.4.1.2. PEM Electrolyzer
- 8.4.2. India Market Analysis, Insights and Forecast - By Type
- 8.4.2.1. Traditional Alkaline Electrolyzer
- 8.4.2.2. PEM Electrolyzer
- 8.4.3. Japan Market Analysis, Insights and Forecast - By Type
- 8.4.3.1. Traditional Alkaline Electrolyzer
- 8.4.3.2. PEM Electrolyzer
- 8.4.4. South Korea Market Analysis, Insights and Forecast - By Type
- 8.4.4.1. Traditional Alkaline Electrolyzer
- 8.4.4.2. PEM Electrolyzer
- 8.4.5. Southeast Asia Market Analysis, Insights and Forecast - By Type
- 8.4.5.1. Traditional Alkaline Electrolyzer
- 8.4.5.2. PEM Electrolyzer
- 8.4.6. Rest of Asia Market Analysis, Insights and Forecast - By Type
- 8.4.6.1. Traditional Alkaline Electrolyzer
- 8.4.6.2. PEM Electrolyzer
- 8.4.1. China Market Analysis, Insights and Forecast - By Type
9. Rest of the World Electrolyzer Market Analysis (MW, USD Million), Insights and Forecast, 2021-2034
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast - By Type
- 9.2.1. Traditional Alkaline Electrolyzer
- 9.2.2. PEM Electrolyzer
- 9.3. Market Analysis, Insights and Forecast - By Application
- 9.3.1. Power Plants
- 9.3.2. Steel Plant
- 9.3.3. Electronics and Photovoltaics
- 9.3.4. Industrial Gases
- 9.3.5. Energy Storage or Fueling for FCEV's
- 9.3.6. Power to Gas
- 9.3.7. Others
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2025
- 10.2. Company Profile
- 10.2.1. Nel Hydrogen
- 10.2.1.1. Business Overview
- 10.2.1.2. Product & Service Offering
- 10.2.1.3. Overall Revenue
- 10.2.1.4. Geographic Presence
- 10.2.1.5. Recent Development
- 10.2.2. Asahi Kasei
- 10.2.2.1. Business Overview
- 10.2.2.2. Product & Service Offering
- 10.2.2.3. Overall Revenue
- 10.2.2.4. Geographic Presence
- 10.2.2.5. Recent Development
- 10.2.3. Hydrogenics
- 10.2.3.1. Business Overview
- 10.2.3.2. Product & Service Offering
- 10.2.3.3. Overall Revenue
- 10.2.3.4. Geographic Presence
- 10.2.3.5. Recent Development
- 10.2.4. Shandong Saikesaisi Hydrogen Energy Co., Ltd.
- 10.2.4.1. Business Overview
- 10.2.4.2. Product & Service Offering
- 10.2.4.3. Overall Revenue
- 10.2.4.4. Geographic Presence
- 10.2.4.5. Recent Development
- 10.2.5. Teledyne Energy
- 10.2.5.1. Business Overview
- 10.2.5.2. Product & Service Offering
- 10.2.5.3. Overall Revenue
- 10.2.5.4. Geographic Presence
- 10.2.5.5. Recent Development
- 10.2.6. Siemens AG
- 10.2.6.1. Business Overview
- 10.2.6.2. Product & Service Offering
- 10.2.6.3. Overall Revenue
- 10.2.6.4. Geographic Presence
- 10.2.6.5. Recent Development
- 10.2.7. Kobelco Eco-Solutions Co. Ltd
- 10.2.7.1. Business Overview
- 10.2.7.2. Product & Service Offering
- 10.2.7.3. Overall Revenue
- 10.2.7.4. Geographic Presence
- 10.2.7.5. Recent Development
- 10.2.8. Green Hydrogen Systems
- 10.2.8.1. Business Overview
- 10.2.8.2. Product & Service Offering
- 10.2.8.3. Overall Revenue
- 10.2.8.4. Geographic Presence
- 10.2.8.5. Recent Development
- 10.2.9. Next Hydrogen
- 10.2.9.1. Business Overview
- 10.2.9.2. Product & Service Offering
- 10.2.9.3. Overall Revenue
- 10.2.9.4. Geographic Presence
- 10.2.9.5. Recent Development
- 10.2.10. H-Tec Systems
- 10.2.10.1. Business Overview
- 10.2.10.2. Product & Service Offering
- 10.2.10.3. Overall Revenue
- 10.2.10.4. Geographic Presence
- 10.2.10.5. Recent Development
- 10.2.1. Nel Hydrogen
Product Code: FBI103919
List of Tables
- Table 1: Global Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 2: Global Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 3: Global Electrolyzer Market Volume (MW) Forecast, by Application 2021-2034
- Table 4: Global Electrolyzer Market Volume (USD Million) Forecast, by Application 2021-2034
- Table 5: Global Electrolyzer Market Volume (MW) Forecast, by Region, 2021-2034
- Table 6: Global Electrolyzer Market Revenue (USD Million) Forecast, by Region, 2021-2034
- Table 7: North America Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 8: North America Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 9: North America Electrolyzer Market Volume (MW) Forecast, by Application 2021-2034
- Table 10: North America Electrolyzer Market Volume (USD Million) Forecast, by Application 2021-2034
- Table 11: North America Electrolyzer Market Volume (MW) Forecast, By Country, 2021-2034
- Table 12: North America Electrolyzer Market Revenue (USD Million) Forecast, By Country, 2021-2034
- Table 13: U.S. Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 14: U.S. Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 15: Canada Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 16: Canada Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 17: Europe Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 18: Europe Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 19: Europe Electrolyzer Market Volume (MW) Forecast, by Application 2021-2034
- Table 20: Europe Electrolyzer Market Volume (USD Million) Forecast, by Application 2021-2034
- Table 21: Europe Electrolyzer Market Volume (MW) Forecast, By Country, 2021-2034
- Table 22: Europe Electrolyzer Market Revenue (USD Million) Forecast, By Country, 2021-2034
- Table 23: Germany Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 24: Germany Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 25: U.K. Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 26: U.K Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 27: France Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 28: France Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 29: Italy Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 30: Italy Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 31: Rest of Europe Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 32: Rest of Europe Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 33: Asia Pacific Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 34: Asia Pacific Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 35: Asia Pacific Electrolyzer Market Volume (MW) Forecast, by Application 2021-2034
- Table 36: Asia Pacific Electrolyzer Market Volume (USD Million) Forecast, by Application 2021-2034
- Table 37: Asia Pacific Electrolyzer Market Volume (MW) Forecast, By Country, 2021-2034
- Table 38: Asia Pacific Electrolyzer Market Revenue (USD Million) Forecast, By Country, 2021-2034
- Table 39: China Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 40: China Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 41: India Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 42: India Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 43: Japan Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 44: Japan Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 45: South Korea Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 46: South Korea Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 47: Southeast Asia Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 48: Southeast Asia Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 49: Rest of Asia Pacific Electrolyzer Market Volume (MW) Forecast, by Type, 2018-2034
- Table 50: Rest of Asia Pacific Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 51: Rest of the World Electrolyzer Market Volume (MW) Forecast, by Type, 2021-2034
- Table 52: Rest of the World Electrolyzer Market Revenue (USD Million) Forecast, by Type, 2021-2034
- Table 53: Rest of the World Electrolyzer Market Volume (MW) Forecast, by Application 2021-2034
- Table 54: Rest of the World Electrolyzer Market Volume (USD Million) Forecast, by Application 2021-2034
List of Figures
- Figure 1: Global Electrolyzer Market Revenue Breakdown (USD Million, %) by Region, 2025 & 2034
- Figure 2: Global Electrolyzer Market Value Share (%), by Type, 2025 & 2034
- Figure 3: Global Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2021-2034
- Figure 4: Global Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2021-2034
- Figure 5: Global Electrolyzer Market Value Share (%), by Application, 2025 & 2034
- Figure 6: Global Electrolyzer Market Forecast (USD Million), by Power Plants, 2021-2034
- Figure 7: Global Electrolyzer Market Forecast (USD Million), by Steel Plant, 2021-2034
- Figure 8: Global Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2021-2034
- Figure 9: Global Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2021-2034
- Figure 10: Global Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2021-2034
- Figure 11: Global Electrolyzer Market Forecast (USD Million), by Power to Gas, 2021-2034
- Figure 12: Global Electrolyzer Market Forecast (USD Million), by Others, 2021-2034
- Figure 13: Global Electrolyzer Market Value Share (%), by Region, 2025 & 2034
- Figure 14: North America Electrolyzer Market Value Share (%), by Type, 2025 & 2034
- Figure 15: North America Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2021-2034
- Figure 16: North America Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2021-2034
- Figure 17: North America Electrolyzer Market Value Share (%), by Application, 2025 & 2034
- Figure 18: North America Electrolyzer Market Forecast (USD Million), by Power Plants, 2021-2034
- Figure 19: North America Electrolyzer Market Forecast (USD Million), by Steel Plant, 2021-2034
- Figure 20: North America Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2021-2034
- Figure 21: North America Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2021-2034
- Figure 22: North America Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2021-2034
- Figure 23: North America Electrolyzer Market Forecast (USD Million), by Power to Gas, 2021-2034
- Figure 24: North America Electrolyzer Market Forecast (USD Million), by Others, 2021-2034
- Figure 25: North America Electrolyzer Market Value (USD Million), by Country, 2025 & 2034
- Figure 26: North America Electrolyzer Market Value Share (%), by Country, 2025
- Figure 27: Europe Electrolyzer Market Value Share (%), by Type, 2025 & 2034
- Figure 28: Europe Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2021-2034
- Figure 29: Europe Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2021-2034
- Figure 30: Europe Electrolyzer Market Value Share (%), by Application, 2025 & 2034
- Figure 31: Europe Electrolyzer Market Forecast (USD Million), by Power Plants, 2021-2034
- Figure 32: Europe Electrolyzer Market Forecast (USD Million), by Steel Plant, 2021-2034
- Figure 33: Europe Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2021-2034
- Figure 34: Europe Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2021-2034
- Figure 35: Europe Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2021-2034
- Figure 36: Europe Electrolyzer Market Forecast (USD Million), by Power to Gas, 2021-2034
- Figure 37: Europe Electrolyzer Market Forecast (USD Million), by Others, 2021-2034
- Figure 38: Europe Electrolyzer Market Value (USD Million), by Country, 2025 & 2034
- Figure 39: Europe Electrolyzer Market Value Share (%), by Country, 2025
- Figure 40: Asia Pacific Electrolyzer Market Value Share (%), by Type, 2025 & 2034
- Figure 41: Asia Pacific Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2021-2034
- Figure 42: Asia Pacific Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2021-2034
- Figure 43: Asia Pacific Electrolyzer Market Value Share (%), by Application, 2025 & 2034
- Figure 44: Asia Pacific Electrolyzer Market Forecast (USD Million), by Power Plants, 2021-2034
- Figure 45: Asia Pacific Electrolyzer Market Forecast (USD Million), by Steel Plant, 2021-2034
- Figure 46: Asia Pacific Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2021-2034
- Figure 47: Asia Pacific Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2021-2034
- Figure 48: Asia Pacific Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2021-2034
- Figure 49: Asia Pacific Electrolyzer Market Forecast (USD Million), by Power to Gas, 2021-2034
- Figure 50: Asia Pacific Electrolyzer Market Forecast (USD Million), by Others, 2021-2034
- Figure 51: Asia Pacific Electrolyzer Market Value (USD Million), by Country, 2025 & 2034
- Figure 52: Asia Pacific Electrolyzer Market Value Share (%), by Country, 2025
- Figure 53: Rest of the World Electrolyzer Market Value Share (%), by Type, 2025 & 2034
- Figure 54: Rest of the World Electrolyzer Market Forecast (USD Million), by Traditional Alkaline Electrolyzer, 2021-2034
- Figure 55: Rest of the World Electrolyzer Market Forecast (USD Million), by PEM Electrolyzer, 2021-2034
- Figure 56: Rest of the World Electrolyzer Market Value Share (%), by Application, 2025 & 2034
- Figure 57: Rest of the World Electrolyzer Market Forecast (USD Million), by Power Plants, 2021-2034
- Figure 58: Rest of the World Electrolyzer Market Forecast (USD Million), by Steel Plant, 2021-2034
- Figure 59: Rest of the World Electrolyzer Market Forecast (USD Million), by Electronics and Photovoltaics, 2021-2034
- Figure 60: Rest of the World Electrolyzer Market Forecast (USD Million), by Industrial Gases, 2021-2034
- Figure 61: Rest of the World Electrolyzer Market Forecast (USD Million), by Energy Storage or Fueling for FCEV's, 2021-2034
- Figure 62: Rest of the World Electrolyzer Market Forecast (USD Million), by Power to Gas, 2021-2034
- Figure 63: Rest of the World Electrolyzer Market Forecast (USD Million), by Others, 2021-2034
- Figure 64: Company Market Share Analysis (%), 2025
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.