Rising Renewable Energy Adoption to Propel Electrolyzer Market to USD 5.6 Billion by 2034
The global electrolyzer market was valued at USD 509.9 million in 2023 and is projected to experience robust growth, expanding at a compound annual growth rate (CAGR) of 24.5% from 2024 to 2034. Driven by increasing demand for green hydrogen and renewable energy integration, the market is expected to reach approximately USD 5.6 billion by 2034, reflecting significant advancements and...
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