PEM Electrolyzer Market Trends

PEM Electrolyzer Market Trends

Introduction of favorable government norms and incentives to promote eco-friendly technologies has led to an increased product adoption across the globe. ongoing measures pertaining to the reduction of carbon footprints will expedite the deployment of PEM electrolyzers as a feedstock across various applications, thereby strengthening the business landscape. Additionally, Ongoing adoption of various policies and norms by numerous countries to reduce their carbon footprints along with increasing share of renewables in the overall energy mix is projected to boost the demand for hydrogen, thereby boosting the business scenario.