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Demand of electrolyzers worldwide in 2023, with a forecast for 2035, by region (in gigawatts)

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Source

Release date

October 2024

Region

Worldwide

Survey time period

2023

Special properties

* Excluding China and India. Forecast for 2035 based on currently stated policies.

Citation formats

Global demand of electrolyzers 2023-2035, by region

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 11, 2025

Demand for electrolyzers was highest in China in 2023. Out of all world regions and major countries, China was the only one to have an electrolyzer demand larger than ** that year. However, by 2035, it is expected that electrolyzer demand in the country will have shrunk by *** gigawatts, By comparison, all other regions are forecast to see an increase in such demand.

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