Hydrogen Electrolyzer Market forecast 2024-2033
The Hydrogen Electrolyzer Market plays a vital role in advancing clean energy by enabling the storage and utilization of renewable energy sources through the production of green hydrogen from water. This technology is instrumental in reducing carbon emissions and supporting sustainable energy solutions. The market size was USD 1.1 billion in 2023 and is projected to exceed USD 14.5 billion by 2033, growing at a CAGR of over 26.9% during the forecast period.