Electrolyser sector targets $42.4bn global market by 2034
Driven by green hydrogen demand and state-backed industrial plans, the global electrolyser market could reach $42.4bn by 2034, according to the latest forecast by Future Market Insights.
| Sector | Énergie Hydrogène, Électrolyse |
|---|---|
| Theme | Marchés & Finance, Analyse sectorielle |
The global electrolyser market, a key driver of green hydrogen production through water electrolysis, is expected to grow from $4.7bn in 2024 to $42.4bn by 2034, according to projections published by Future Market Insights. This growth, estimated at 24.6 % annually over ten years, is fuelled by a combination of public policies, industrial investments and technology deployment across several continents.
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