United States Hydrogen Electrolyzers Market to Reach US$ 7.06 Billion by 2032 | Top Companies are Siemens Energy, Enapter S.r.l., Cummins Inc.

Hydrogen Electrolyzer Market reached US$ 1.05 billion in 2024 and is expected to reach US$ 7.06 billion by 2032, growing with a CAGR of 26.89% during the forecast period 2025-2032.

DataM Intelligence has published a new research report on "Hydrogen Electrolyzers Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

Get a Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/hydrogen-electrolyzer-market?rk

Hydrogen electrolyzers are devices that use electricity to split water molecules into hydrogen and oxygen through the process of electrolysis. This technology is pivotal in producing green hydrogen, a clean energy source essential for decarbonizing industries such as transportation, steel, and chemicals. Electrolyzers operate primarily in two configurations: Alkaline and Proton Exchange Membrane (PEM). Their efficiency and scalability are central to advancing global energy transition goals.

Key Players:

thyssenkrupp nucera, John Cockerill, Nel ASA, Plug Power Inc., Siemens Energy, Enapter S.r.l., Cummins Inc., ITM Power, McPhy Energy S.A., Topsoe and among others.

Key Development:

United States: Recent Industry Developments
✅ July 2025: In July 2025, Plug Power commissioned its 100 MW PEM electrolyzer plant in New York, capable of producing up to 45 tons of green hydrogen daily. This facility supports decarbonization in heavy transport and industry.

✅ July 2025: In July 2025, the U.S. Energy Department announced a conditional loan guarantee of up to $1.66 billion to Plug Power Inc. for constructing up to six clean hydrogen production plants, aiming to reduce greenhouse gas emissions by 84%.

✅ July 2025: In July 2025, the U.S. Congress modified Section 45V hydrogen tax credits, shortening the eligibility window by five years, requiring green hydrogen projects to begin construction before 2028 to qualify.

Japan: Recent Industry Developments
✅ July 2025: In July 2025, Sumitomo Corporation announced a strategic investment in Independence Hydrogen to develop hydrogen production and distribution projects in Japan, enhancing the country's hydrogen infrastructure.

✅ June 2025: In June 2025, a strategic partnership was established in Tokyo between JPNH2YDRO, BeHydro, DAIHATSU INFINEARTH, and Mizuno Marine to introduce hydrogen-powered marine engines, accelerating hydrogen adoption in Japan's maritime sector.

✅ September 2025: In September 2025, Kawasaki Suiso Energy secured investment from six firms, including Ebara and Mizuho Bank, aiming for commercial-scale hydrogen operations by 2030, bolstering Japan's hydrogen economy.

Growth Forecast Projected:

The Global Hydrogen Electrolyzers Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Hydrogen Electrolyzers Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=hydrogen-electrolyzer-market

Key Segments:

By Technology: Alkaline Electrolyzer (AE) | Proton Exchange Membrane (PEM) | Solid Oxide Electrolyzer (SOE) | Anion Exchange Membrane (AEM)

By Power Generation: 2,000 kW

By Application: Energy | Power Generation | CHP | Mobility | Industrial | Chemical | Industries | Others

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Hydrogen Electrolyzers producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Hydrogen Electrolyzers revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/hydrogen-electrolyzer-market

FAQ's

Q1: What is the current size of the Hydrogen Electrolyzers Market?

A: Hydrogen Electrolyzer Market reached US$ 1.05 billion in 2024 and is expected to reach US$ 7.06 billion by 2032

Q2: How fast is the Hydrogen Electrolyzers Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 26.89% from 2025 to 2032

Request 2 Days Free Trials with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.