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Electrolyzers Market Size, Share & Industry Analysis, By Type (PEM Electrolyzer, Traditional Alkaline Electrolyzer, and Others), By Application (Power Plants, Steel Plant, Electronics and Photovoltaics, Industrial Gases, Energy Storage or Fueling for FCEV, Power to Gas, and Others), and Regional Forecast, 2025-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI103919

 


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ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 57.43% from 2025 to 2032

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)
  • 2019-2032
  • 2024
  • 2019-2023
  • 217
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