United States Hydrogen Electrolyzer Market 2025: Industry Developments, Future Growth, Share & Industry Insights | Enapter S.r.l, Cummins Inc, ITM Power, McPhy Energy S.A, Topsoe.

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

DataM Intelligence has published a new research report on "Hydrogen Electrolyzer 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.

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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 and Topsoe.

USA - Industry Latest News:

✅ Sep 2025 - Electric Hydrogen acquires Ambient Fuels. U.S. electrolyzer maker Electric Hydrogen agreed to buy hydrogen developer Ambient Fuels (deal backed by project financing).

✅ 21 Mar 2025 - Nel Hydrogen US wins purchase order for MC500 PEM containerized electrolyzers. Two MC500 units (2.5 MW each; 5 MW total) were ordered for a new U.S. steel mill.

Japan - Industry Latest News:

✅ Oct 23, 2025 (announced Oct 2025) - Asahi Kasei approved expansion at Kawasaki Works to manufacture electrolysis system components. Company moving to expand production capacity for alkaline and related electrolysis components.

✅ Sep 11, 2025 - KITZ launches a PEM water-electrolysis unit for the Japanese market. KITZ announced its first proprietary PEM electrolyser product aimed at local hydrogen supply applications.

✅ Sep 25, 2025 - JERA & DENSO start SOEC demonstration project (Japan's first at a thermal power plant). Solid oxide electrolysis cell demo to produce hydrogen at a thermal plant.

South Korea - Industry Latest News:

✅ Oct 2025 (reported very recently) - U.S. Utility launches first H2Gen® hydrogen certification/production site outside the U.S. (Seongnam). Biogas-to-hydrogen H2Gen® site in Seongnam marks a technology entry/scale move into Korea.

✅ May 29, 2025 - Multi-partner Korean effort announced for large-scale (blue/green) hydrogen production. Consortium projects to scale hydrogen production (including landfill/plasma tech trials).

✅ Sep 24, 2025 - Hyundai completes a large commercial green-hydrogen production plant (reported). Hyundai reported completion of a large green hydrogen project in Korea (coverage notes claims and project details).

Europe - Industry Latest News:

✅ Oct 27, 2025 - Tyczka Hydrogen acquires MPREIS Hydrogen GmbH (Völs). Tyczka expanded its green-hydrogen production network via acquisition of a retailer's hydrogen facility in Austria.

✅ Oct 1, 2025 - Plug Power delivers first electrolyzer module (10 MW module) for Galp's 100 MW Sines refinery project (Portugal). First 10 MW module delivered (part of a 100 MW deployment).

✅ Sep 2025 - STRABAG & Siemens Energy contracted to build one of Europe's largest electrolysis plants for OMV (Austria project milestones reported). Large-scale electrolyser plant project progressing with funding/contract milestones.

Growth Forecast Projected:

The Global Hydrogen Electrolyzer 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 Electrolyzer 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.

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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 Electrolyzer 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 Electrolyzer 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.

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FAQ's

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

A: The Hydrogen Electrolyzer Market stood at US$ 1.05 billion in 2024 and is set to experience remarkable growth, reaching US$ 7.06 billion by 2032

Q2: How fast is the Hydrogen Electrolyzer Market growing?

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

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