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flag Global battery and electrolyzer markets surge, fueled by EVs, renewables, and green hydrogen demand, with U.S. industrial battery use rising rapidly.

flag The global battery and electrolyzer market is expanding rapidly, with the battery market projected to reach $661 billion by 2035, driven by electric vehicles, renewable energy storage, and technological advances. flag Battery electrolyzers, key to green hydrogen production, are expected to grow from $81.3 million in 2024 to $771.5 billion by 2035, fueled by decarbonization efforts and energy storage needs. flag In the U.S., industrial battery demand is rising, with grid-scale storage projects accelerating and major companies expanding their portfolios. flag Growth is supported by government policies, innovation in battery chemistries, and AI-driven efficiency, though challenges like high costs and supply chain issues persist.

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