Stated Policy Scenario assumes market growth along current government policies, whereas the Net Zero Scenario assumes a tightening of policies in line with reaching net zero emissions by 2050.
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Global electrolyzer market size forecast 2030-2050
The global electrolyzer market is forecast to be worth 14 billion U.S. dollars by 2050. A tightening of government policies in line with net zero goals is not expected to have a significant impact on market size. The electrolyzer market is set to grow seven-fold between 2030 and 2050.
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IEA. (October 14, 2021). Forecast market size of electrolyzers worldwide in 2030 and 2050, by scenario (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/1270726/global-electrolyzer-market-size-forecast/
IEA. "Forecast market size of electrolyzers worldwide in 2030 and 2050, by scenario (in billion U.S. dollars)." Chart. October 14, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/1270726/global-electrolyzer-market-size-forecast/
IEA. (2021). Forecast market size of electrolyzers worldwide in 2030 and 2050, by scenario (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/1270726/global-electrolyzer-market-size-forecast/
IEA. "Forecast Market Size of Electrolyzers Worldwide in 2030 and 2050, by Scenario (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 14 Oct 2021, /statistics/1270726/global-electrolyzer-market-size-forecast/
IEA, Forecast market size of electrolyzers worldwide in 2030 and 2050, by scenario (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1270726/global-electrolyzer-market-size-forecast/ (last visited July 23, 2026)
Forecast market size of electrolyzers worldwide in 2030 and 2050, by scenario (in billion U.S. dollars) [Graph], IEA, October 14, 2021. [Online]. Available: /statistics/1270726/global-electrolyzer-market-size-forecast/
