Green Hydrogen Market 2023 – 2030 By End-Use Industry (Mobility, Power, Chemical, Industrial, Grid Injection), Technology (Alkaline and PEM), Renewable Source (Wind, Solar, Geothermal, Hydropower, and Hybrid of Wind & Solar) - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competive Index & Regional Footprints by MarketDigits
Industry : Chemicals & Materials | Pages : 149 Pages | Published On : Jun 2023
The Green Hydrogen Market size is estimated to grow from USD 905 Million in 2020 to USD 2,500 Million by 2027, growing at a CAGR of 15.6% during the forecast year from 2021 to 2027.
The Green Hydrogen Market is segmented by technology and region. The alkaline electrolyzer technology used in green hydrogen projects is accounted for the largest revenue share of more than 50% in the base year. The solution of potassium or sodium hydroxide is used in alkaline electrolyzer as its electrolyte and it has high operating hours than PEM electrolyzers. Moreover, alkaline electrolyzes are cost effective when compared with PEM electrolyzers, which may trigger the segment growth in near future.
Europe was leading region in the Green Hydrogen Market during 2020 and was accounted for the major revenue share of over 58% due to massive investments by the European economies. The region aimed for an energy evolution into clean a hydrogen-based economy. The North America region is anticipated to achieve a prominent growth rate over the forecast period, due to the implementation of clean energy policies. The research covers the current and historic Green Hydrogen Market size and its growth trend with company outline of Key players/manufacturers: Linde, Air Liquide, Air Products and Chemicals, Inc., Engie, Uniper SE, Siemens, Green Hydrogen, Hydrogenics, Toshiba Energy Systems & Solutions Corp., and Nel ASA among others.
The Green Hydrogen Market research report provides an in-depth overview of the industry including market segmentation by technology and geography. Analysis of the global market with special focus on high growth application in each vertical and fast-growing market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.
The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.
Market Scope and Market Size
Green Hydrogen Market is segmented by region and further by countries, and technology. Players, stakeholders, and other participants in the global green hydrogen market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2021-2027.
Report further studies the market development status and future and Green Hydrogen Market trend across the world. Also, it splits green hydrogen market segmentation by technology and region to deep dive research and reveals market profile and prospects.
Major Classifications are as follows:
- Alkaline Electrolyzer
- Polymer Electrolyte Membrane (PEM) Electrolyzer
Reason to purchase this report:
- Determine prospective investment areas based on a detailed trend analysis of the global market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global green hydrogen market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top green hydrogen market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Table of Content:
- EXECUTIVE SUMMARY
- Key Takeaways
- Report Description
- Market Scope & Definition
- Research Methodology
- Market Size
- Key Data Points From Primary Sources
- Key Data Points From Secondary Sources
- List Of Primary Sources
- List Of Secondary Sources
- MARKET OVERVIEW
- Industry Segmentation
- Market Trends Analysis
- Major Funding & Investments
- Market Dynamics
- Value Chain Analysis
- Pricing Analysis
- IMPACT OF COVID-19 ON GREEN HYDROGEN MARKET
- Impact of Covid-19 On Green Hydrogen Market By Technology
- Impact of Covid-19 On Green Hydrogen Market by Region
- GREEN HYDROGEN MARKET, BY TECHNOLOGY
- Alkaline Electrolyzer
- Polymer Electrolyte Membrane (PEM) Electrolyzer
- GREEN HYDROGEN MARKET, BY GEOGRAPHY
- North America
- Rest of Europe
- Asia Pacific
- Rest Of Asia Pacific
- Rest of the World
- Middle East
- North America
- COMPETITIVE ANALYSIS
- Top Companies Ranking
- Market Share Analysis
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- COMPANY PROFILES
- Air Liquide
- Air Products and Chemicals, Inc.
- Uniper SE
- Green Hydrogen
- Toshiba Energy Systems & Solutions Corp.
- Nel ASA
Table and Figures
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Secondary research is another crucial component of our methodology. It involves a deep dive into various data sources, including industry reports, market databases, scholarly articles, and regulatory documents. This helps us gather a wide range of information, validate findings, and provide a comprehensive understanding of the industry landscape.
Furthermore, our methodology incorporates technology-based research techniques, such as data mining, text analytics, and predictive modelling, to uncover hidden patterns, correlations, and trends within the data. This data-driven approach enhances the accuracy and reliability of our analysis, enabling us to make informed and actionable recommendations.
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Covered Key Topics
Market Growth Drivers
Leading Market Players
Company Market Share
Market Size and Growth Rate
Market Trend and Technological