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Global battery and electrolyzer markets surge, fueled by EVs, renewables, and green hydrogen demand, with U.S. industrial battery use rising rapidly.
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.
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.
In the U.S., industrial battery demand is rising, with grid-scale storage projects accelerating and major companies expanding their portfolios.
Growth is supported by government policies, innovation in battery chemistries, and AI-driven efficiency, though challenges like high costs and supply chain issues persist.
Los mercados globales de baterías y electrolizadores aumentan, impulsados por los vehículos eléctricos, las energías renovables y la demanda de hidrógeno verde, con el uso de baterías industriales en los Estados Unidos aumentando rápidamente.