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Global Electrolyzer Market Surges Towards USD 2 3 billion by 2031, at a CAGR of 6 0% from 2023 to 2031- TMR Study
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Electrolyzer Market Revenue to Cross US$ 2 3 Bn, Globally, by 2031, Registering at a CAGR of 6 0% Says, Transparency Market Research
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ALBANY, N.Y., March 10, 2021 /PRNewswire/ Water electrolysis machines refer to those devices that find use for the production of clean hydrogen. This hydrogen, thus generated, is utilized across an extensive range of research and commercial sectors. With the rising demand for environmental sustainability and growing concern about climate change, industrial and commercial sectors have detected hydrogen as an important component for a wide range of uses in the future. There has been a rising interest toward the use of clean hydrogen, which has resulted in the technological advancements and innovations are focusing on the generation of hydrogen that would be environment-friendly and sustainable. These factors are likely to pave way for expansion of the global water electrolysis machine market over the timeframe of analysis, from 2020 to 2030.
Water Electrolysis Machine Market Recorded Strong Growth in 2020; COVID-19 Pandemic Set to Drop Sales
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