Global electrolyzer manufacturing cost breakdown 2023, by driver

Published by Statista Research Department, Jul 8, 2025

When looking at the costs for manufacturing electrolyzers, materials and upstream components accounted for the largest cost share. These made up ** percent of the total manufacturing costs in 2023. Labor costs, on the other hand, held a share of just ***** percent.

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Distribution of electrolyzer manufacturing costs worldwide in 2023, by main driver

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Release date

October 2024

Region

Worldwide

Survey time period

2023

Special properties

* Includes upstream components, including the cost of input materials. Costs as for alkaline stack systems. Assumes a utilization rate of 85 percent across a lifetime of 25 years.

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