Green Hydrogen Market Potential Growth, Share, Demand and Analysis of Key Players & Forecasts to 2030


Green Hydrogen Market Size, Industry Analysis Report By Technology (Alkaline Electrolyzer, Solid Oxide Electrolyzer, Proton Exchange Membrane Electrolyzer), By Application (Power Generation, Transport) & Region - Global Forecasts 2022-2030

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Green Hydrogen Market size is expected to rise around US$ 89.18 billion by 2030 and is expanding at a CAGR of 54% from 2021 to 2030.

The Green Hydrogen Market research report provides all the information related to the industry. It gives the market's outlook by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Green Hydrogen market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.


The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information and applies a number of industry-best techniques to the data for projecting the future state of the global Green Hydrogen market. Based on current market development, the report includes an analysis of how activities such as mergers shape the market’s future.

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An assessment of the market attractiveness of the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants in the global Green Hydrogen market. To present a clear vision of the market the competitive landscape has been thoroughly analyzed utilizing the value chain analysis. The opportunities and threats present in the future for the key market players have also been emphasized in the publication.

Market Segmentation:

Key Players: Cummins Inc., Siemens Energy AG, ITM Power, Nel ASA, Guangdong Nation-Synergy Hydrogen Power Technologies Co., Ltd, Linde Plc, Messer Group GMBH, Air Products and Chemicals, Inc., Wind to Gas Energy GmbH & Co. KG, Toshiba Energy Systems & Solutions Corporation, H&R Olwerke Schindler GmbH, Air Liquide, Plug Power Inc., Uniper, GreenHydrogen, Hydrogenex, ERGOSUP, Ballard Power Systems, ENGIE Group, Green Hydrogen Systems, Nikola Corporation., Solena Group, Enapter S.r.l., Loop Energy Inc., Tianjin Mainland Hydrogen Equipment Co. Ltd.

Green Hydrogen Market: Segmentation Analysis
 
Green Hydrogen Market by Technology:
• Alkaline Electrolyzer
• Solid Oxide Electrolyzer
• Proton Exchange Membrane Electrolyzer
 
Alkaline Electrolyzer operates by transport of hydroxide ions i.e., negative ions through the electrolyte from the cathode to the anode with hydrogen i.e., positive ion being generated on the cathode side. Electrolyzers that use a liquid alkaline solution of sodium or potassium hydroxide as the electrolyte have been available for many years. New approaches that use solid alkaline exchange membranes (AEM) as the electrolyte are showing promise on the lab scale. While, the Solid oxide electrolyzers, uses a solid ceramic material as the electrolyte that selectively conducts negatively charged oxygen ions (O2-) at elevated temperatures and generate hydrogen in a slightly different way.

Green Hydrogen Market by Application:
• Power Generation
• Transport
 
Power Generation segment is expected to witness a significantly large revenue share during the forecast period because of the rising demand in green hydrogen. FCEVs are eco-friendlier, reliable, flexible to install and operate and requires less charging time and is expected to support the revenue growth of this segment.

Green Hydrogen Market: End User Industry Segment Analysis
• Food & Beverages
• Medical
• Mobility
• Industrial
• Glass
• Grid Injection
• Petrochemicals
• Power
• Chemical
• Others
 
Food & Beverages and Medicals are expected to drive revenue growth of the segment during the forecast period. The advantage of the end- use industry is that it increases the acceptability of grid-injections which is a low-value, low-investment shipping stone to support the early scaling of the green hydrogen market, to a significant extent.

Green Hydrogen Market by Renewable Source
• Wind
• Solar
• Others
 
The wind segment is anticipated to garner substantial returns over the forecast period due to a sharp decline in the price of wind energy.

Green Hydrogen Market: Regional Analysis
 
The global green hydrogen market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Green Hydrogen Market had the largest revenue share in Europe in 2020. Europe is taking steps to become a preeminent producer of green hydrogen. Asia-Pacific is one of the fastest growing region in the green hydrogen market. Because of its ability to build large infrastructures for storing green hydrogen, it will be the fastest growing region in the global market. China will also play a significant role in the market’s expansion in this region.

 Objectives of the Report
-To carefully analyze and forecast the size of the Green Hydrogen market by value and volume.
-To estimate the market shares of major segments of the Green Hydrogen
-To showcase the development of the Green Hydrogen market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Green Hydrogen market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Green Hydrogen
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Green Hydrogen market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Key Questions Answered in This Report:

· How has the global Green Hydrogen market performed so far and how will it perform in the coming years?

· What has been the impact of COVID-19 on the global Green Hydrogen market?

· What are the key regional markets?

· What is the breakup of the market based on the component?

· What is the breakup of the market based on the coverages?

· What is the breakup of the market based on the enterprise's size?

· What is the breakup of the market based on the application?

· What is the breakup of the market based on the industry vertical?

· What are the various stages in the value chain of the industry?

· What are the key driving factors and challenges in the industry?

· What is the structure of the global Green Hydrogen market and who are the key players?

· What is the degree of competition in the industry?

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About We Market Research

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries.

Contact Information

We Market Research

99 WALL STREET, #2124 NEW YORK, NY 10005
#2124 NEW YORK, NY
10005
USA
Phone : +1(650)-666-4592
View website

Published in

Energy

Published on

Dec 22, 2022

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