Clean Hydrogen Market - Global Outlook and Forecast 2021-2026

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17 countries

27 company

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CLEAN HYDROGEN MARKET SIZE TO REACH USD 2098.44 MILLION BY 2026, GROWING AT A CAGR OF 14.01% DURING 2021-2026

Clean Hydrogen Market Size, Share, Trends Analysis Report by

Technology: Alkaline Electrolyzer, PEM Electrolyzer, and SOE Electrolyzer
End-User: Transport, Power Generation, Industrial, and Others
Geography: Europe, North America, APAC, Middle East & Africa, and Latin America
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021–2026

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CLEAN HYDROGEN MARKET RESEARCH REPORT SCOPE

REPORT ATTRIBUTEDETAILS
MARKET SIZE (REVENUE)USD 2098.44 MILLION (2026)
Market Size
CAGR14.01% (2021-2026)
Base Year2020
Historic Year
Forecast Year2021-2026
Market SegmentsTechnology (Alkaline Electrolyzer, PEM Electrolyzer, and SOE Electrolyzer), and End-User (Transport, Power Generation, Industrial, and Others)
Geographic AnalysisEurope, North America, APAC, Middle East & Africa, and Latin America
Countries CoveredGermany, France, Spain, Italy, UK, US, Canada, Japan, China, Australia, India, South Korea, Saudi Arabia, Morocco, Oman, Chile and Mexico
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CLEAN HYDROGEN INDUSTRY INSIGHTS

The global clean hydrogen market size to reach revenues of USD 2098.44 million by 2026, growing at a CAGR of approximately 14.01% during the forecast period. 

The rising global warming due to the maximum emission of carbon dioxide to the environment contributed by transportation, industries, and power generation are the major factors increasing the demand for clean hydrogen. The APAC region has the highest contribution of carbon dioxide emission to the environment, followed by North America. To curb the emission from vehicles and reduce air pollution, the demand for fuel cell vehicles is increasing across the regions. The hydrogen can be used to charge these FCV vehicles, and henceforth, there is a huge scope for clean hydrogen in transportation applications.

The European region is expected to witness the highest incremental growth of 140.11% during 2020-2026. The green hydrogen market in Europe will witness the highest growth due to government initiatives toward eliminating carbon dioxide emissions by 2050. Germany is the most significant contributor in the European region in terms of the production of clean hydrogen. The demand for clean hydrogen in Germany will be driven by transport, power generation, and industries. Currently, Europe and Asia are the two continents dominating the hydrogen demand creations. In the APAC region, Japan is the largest producer of clean hydrogen. The South American country, already a major supplier of minerals, has the potential to export green hydrogen, producing 25 million tons per year of green hydrogen by 2050.

CLEAN HYDROGEN MARKET TRENDS & DEVELOPMENTS

  • European Union released its hydrogen strategy in July 2020 and is committed to installing a 6 gigawatt of renewable hydrogen electrolyzer by 2024.
  • Plug Power Inc is developing the largest clean hydrogen production facility in North America. The plant will produce 45 metric tons of clean liquid hydrogen and provide its daily services to the Northeast region by 2023.
  • The Japanese government pioneered the 'Basic Hydrogen Strategy' and made investments into R&D over the few years and has continued to provide strong support and funding for several zero-emission projects. Japan contributes over 26% of the APAC clean hydrogen market share.
  • Korea is planning to build a society that harnesses hydrogen as an energy source for mobility and power generation. According to the Korea Energy Economics Institute (KEEI), the hydrogen industry is worth over USD 11 billion in 2020 and is projected to reach around USD 21 billion by 2030.
  • The UK-based solar developer Eco Energy World has unveiled a plan to build one of Australia's world's largest clean hydrogen projects. The plant is predicted to produce 33,000 tons of clean hydrogen a year.
  • California Government is planning to invest USD 230 million in hydrogen projects before 2023, and the world's largest clean hydrogen projects are being built in Lancaster, CA, by an energy company.

 

INSIGHTS BY TECHNOLOGY

The global clean hydrogen market by alkaline electrolyzer is expected to reach over USD 1,277.41 million by 2026.

The alkaline electrolyzer is one of the easiest hydrogen production methods as it produces 99.9% pure gas. The electrodes which are used in the techniques are robust zirconium dioxide-based diaphragms and Nickel coated stainless steel. The alkaline electrolyzer is expected to grow due to its low price compared to other electrolyzers. PEM electrolysis is more dynamic and responsive to changing power inputs requirement than alkaline electrolyzer. The key components in the PEM electrolyzer are the bipolar plates with flow channels, current collectors, and membrane electrode assembly. The market for PEM electrolyzer will also increase during the forecast period because it provides the pure form of hydrogen. Many companies and government bodies consider PEM the best suitable electrolyzer for hydrogen production during the coming years.

INSIGHTS BY END-USER

The major use of clean hydrogen is to use it for electricity production via fuel cells.

The transport sector contributed the largest share of 45.20% to the overall green hydrogen market in 2020. While some companies are selling hydrogen cars in selected countries, battery-operated electric vehicles are being chosen by an increasing number of car manufacturers worldwide. A project under consultation by the European Network of Transmission System Operators for Electricity (ENTSO-E) aims at increasing this fleet to 50,000 taxis in Paris by 2030, as part of a billion-euro investment to add 11 GWh of hydrogen storage capacity in the city.

Hydrogen is either used by blending it in natural gas grids or developing dedicated hydrogen boilers in building sectors. The UK government is currently supporting a project called Hy4Heat. The government plans to invest around USD 173 million and establish a technically safe and convenient approach to replace methane gas with hydrogen in residential and commercial buildings and gas appliances.

INSIGHTS BY GEOGRAPHY

The European clean hydrogen market is estimated to reach over USD 1,243.52 million by 2026.

Germany, France, Spain, Netherland, and others have already released a national hydrogen strategy and clean hydrogen as energy-efficient strategies. The clean hydrogen projects are ramping up, as multiple companies have announced major low or zero-carbon hydrogen projects in Europe. In Europe, the German government to create demand for hydrogen about 90 to 110 Tw by 2030. 

The increasing deployment of renewable energy resources in residential & commercial areas led by the growing consumer purchasing power and regulatory changes are the major factors driving the growth of the green hydrogen market in North America. Clean buildings are the latest trends in the US, where cities like Austin are the fastest-growing markets for clean house buildings.

COMPETITIVE LANDSCAPE

Countries in the APAC region such as China and India have more opportunities in the clean hydrogen market.

Key players such as Linde Plc, Air Liquide, and others are involved in several ongoing sustainability partnerships in the global market. Companies with better technical and financial resources can develop innovative products that could threaten competitor products. Vendors must develop new technologies and remain abreast with upcoming innovations to have a competitive advantage over other vendors. The requirement for clean hydrogen in the industry will arise due to their zero-emission of carbon dioxide to the environment and create lucrative market opportunities.

The clean hydrogen market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:

  • Technology
    • Alkaline Electrolyzer
    • PEM Electrolyzer
    • SOE Electrolyzer
  • End-User
    • Transport
    • Power Generation
    • Industrial
    • Others
  • Geography
    • Europe
      • Germany
      • France
      • Spain
      • Italy
      • UK
    • North America
      • US
      • Canada
    • APAC
      • Japan
      • China
      • Australia
      • India
      • South Korea
    • Middle East & Africa
      • Saudi Arabia
      • Morocco
      • Oman
    • Latin America
      • Chile
      • Mexico

SNAPSHOT

The clean hydrogen market by revenue is expected to grow at a CAGR of over 14.01% during the period 2020–2026.

The following factors are likely to contribute to the growth of the clean hydrogen market during the forecast period:

  • Rising Advantages of Clean hydrogen
  • Increasing of Cost Competitiveness in the Clean Hydrogen Market
  • Broader Usage of Hydrogen & Benefits to the Power System
  • Impact of Supporting Government Policies

Base Year: 2020

Forecast Year: 2021-2026

The report considers the present scenario of the clean hydrogen market and its market dynamics for 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.

Key Vendors

  • Linde plc
    • Business Overview
    • Key Strategies
    • Key Strengths
    • Key Opportunities
  • Air Liquide
  • Engie
  • Uniper SE
  • Siemens Energy

Other Prominent Vendors

  • Air Products Inc
    • Business Overview
    • Key Highlights of Organization
  • Clean Hydrogen System
  • Cummins Inc
  • Toshiba Energy System & Solution Corporation
  • Nel ASA
  • SGH2 Energy
  • SunGreenH2
  • Green Hydrogen
  • Fuel Cell Energy
  • Plug Power
  • McPhy
  • Arkema
  • Symbio
  • ACWA Power
  • CWP Global
  • HyPoint
  • Enapter
  • Hytech Power
  • Hyon
  • Ballard Power System
  • Bloom Energy
  • Rouge H2 Engineering GmbH

Segmentation by Technology

  • Alkaline Electrolyzer
  • PEM Electrolyzer
  • SOE Electrolyzer

Segmentation by End – User

  • Transport
  • Power Generation
  • Industrial
  • Others

Segmentation by Geography

  • Europe
    • Germany
    • France
    • Spain
    • Italy
    • UK
  • North America
    • US
    • Canada
  • APAC
    • Japan
    • China
    • Australia
    • India
    • South Korea
  • Middle East & Africa
    • Saudi Arabia
    • Morocco
    • Oman
  • Latin America
    • Chile
    • Mexico

Frequently Asked Questions

How big will the clean hydrogen market size by 2026?

The global market size is expected to reach over USD 2098.44 million by 2026.

Which segment accounted for the largest clean hydrogen market share?

Alkaline electrolyzer accounted for the largest shares of 59% due to low cost compared to other electrolyzers.

Who are the top companies in the clean hydrogen market?

Air Liquide, Linde plc, Siemens Energy, Uniper SE, and Engie are some of the top companies in the market.

What are the factors driving the green hydrogen market?

The major factors driving the growth of clean hydrogen are rising environmental concerns to curb carbon emissions and a switch to cleaner fuel to attain sustainable development.

Which region is expected to hold the highest market share in the clean hydrogen market?

In 2020, Europe dominated the market with a share of over 56% in terms of revenue.

List Of Exhibits 

Exhibit 1             Segmentation of Global Clean Hydrogen Market

Exhibit 2             Market Size Calculation Approach 2020

Exhibit 3             Schematic Representation of Electrolysis Process

Exhibit 4             Types of Hydrogen

Exhibit 5             Advantage of Green Hydrogen

Exhibit 6             Carbon Dioxide Emission Levels (million tons)

Exhibit 7             Carbon Dioxide Emissions in 2019 by Region (%)

Exhibit 8             Global Cost of Hydrogen Production

Exhibit 9             Comparison between Countries based on Green Hydrogen Production Potential and Domestic Consumption

Exhibit 10           Growth Opportunity in Global Clean Hydrogen Market by Technology ($ million)

Exhibit 11           Growth Opportunity in Global Clean Hydrogen Market by End-user ($ million)

Exhibit 12           Growth Opportunity in Global Clean Hydrogen Market by Region ($ million)

Exhibit 13           Upcoming Clean Hydrogen Projects in Various Countries (2022)

Exhibit 14           Upcoming Clean Hydrogen Project in Various Countries (2025–2040)

Exhibit 15           Advantages of Clean Hydrogen

Exhibit 16           Advantages of Clean Hydrogen

Exhibit 17           Cost Competitiveness

Exhibit 18           Broader Use of Hydrogen & Benefits for Power Systems

Exhibit 19           Supportive Government Policies

Exhibit 20           Physical & Chemical Properties of Clean Hydrogen

Exhibit 21           High Production Cost

Exhibit 22           Global Clean Hydrogen Market 2020–2026 ($ million)

Exhibit 23           Five Forces Analysis 2020

Exhibit 24           Incremental Growth by Segment 2020 & 2026

Exhibit 25           Global Clean Hydrogen Market by Technology (%)

Exhibit 26           Types of Water Electrolyzer

Exhibit 27           Basic Representation of Alkaline Electrolyzer System

Exhibit 28           Advantages & Disadvantages of Alkaline Electrolyzer

Exhibit 29           Global Clean Hydrogen Market by Alkaline Electrolyzer 2020–2026 ($ million)

Exhibit 30           Basic Representation of PEM Electrolyzer

Exhibit 31           Global PEM Electrolyzer Market 2020–2026 ($ million)

Exhibit 32           Basic Representation of Solid Oxide Electrolyzer

Exhibit 33           Global Solid Oxide Electrolyzer Market 2020–2026 ($ million)

Exhibit 34           Incremental Growth by Segment 2020 & 2026

Exhibit 35           Global Clean Hydrogen Market by End-user (%)

Exhibit 36           Worldwide Hydrogen Refueling System

Exhibit 37           Global Clean Hydrogen Market by Transport 2020–2026 ($ million)

Exhibit 38           Global Clean Hydrogen Market by Power Generation 2020–2026 ($ million)

Exhibit 39           Global Clean Hydrogen Market by Industrial 2020–2026 ($ million)

Exhibit 40           Global Clean Hydrogen Market by Others 2020–2026 ($ million)

Exhibit 41           Incremental Growth by Geography 2020 & 2026

Exhibit 42           Global Clean Hydrogen Market by Region ($ million)

Exhibit 43           Global Clean Hydrogen Market by Region (Incremental Growth in $ million)

Exhibit 44           Global Clean Hydrogen Market in Europe in 2020 ($ million)

Exhibit 45           The Vision of European Country towards Hydrogen refueling stations and Fuel Cell Vehicles

Exhibit 46           Emission of Carbon Dioxide in Europe between 2010–2019 (million tons)

Exhibit 47           Global Clean Hydrogen Market in Europe 2020–2026 ($ million)

Exhibit 48           Incremental Growth in Europe 2020 & 2026

Exhibit 49           Clean Hydrogen Market in Germany 2020–2026 ($ million)

Exhibit 50           Clean Hydrogen Market in France 2020–2026 ($ million)

Exhibit 51           Clean Hydrogen Market in Spain 2020–2026 ($ million)

Exhibit 52           Clean Hydrogen Market in Italy 2020–2026 ($ million)

Exhibit 53           Clean Hydrogen Market in UK 2020–2026 ($ million)

Exhibit 54           Global Clean Hydrogen Market in North America in 2020 ($ million)

Exhibit 55           Emission of Carbon dioxide in North America 2010–2019 (Million Tons)

Exhibit 56           Clean Hydrogen Market in North America 2020–2026 ($ million)

Exhibit 57           Incremental Growth in North America 2020 & 2026

Exhibit 58           Roadmap to US Hydrogen Projects

Exhibit 59           Clean Hydrogen Market in US 2020–2026 ($ million)

Exhibit 60           Clean Hydrogen Market in Canada 2020–2026 ($ million)

Exhibit 61           Global Clean Hydrogen Market in APAC in 2020 ($ million)

Exhibit 62           Emission of Carbon Dioxide in APAC between 2010–2019 (Million Tons)

Exhibit 63           Carbon Dioxide Emission in Major Countries in APAC

Exhibit 64           Clean Hydrogen Market in APAC 2020–2026 ($ million)

Exhibit 65           Incremental Growth in APAC 2020 & 2026

Exhibit 66           Clean Hydrogen Market in Japan 2020–2026 ($ million)

Exhibit 67           Clean Hydrogen Market in China 2020–2026 ($ million)

Exhibit 68           Clean Hydrogen Market in Australia 2020–2026 ($ million)

Exhibit 69           Clean Hydrogen Market in India 2020–2026 ($ million)

Exhibit 70           Clean Hydrogen Market in South Korea 2020–2026 ($ million)

Exhibit 71           Global Clean Hydrogen Market in Middle East & Africa in 2020 ($ million)

Exhibit 72           Clean Hydrogen Market in Middle East & Africa 2020–2026 ($ million)

Exhibit 73           Incremental Growth in Middle East & Africa 2020 & 2026

Exhibit 74           Clean Hydrogen Market in Saudi Arabia 2020–2026 ($ million)

Exhibit 75           Clean Hydrogen Market in Morocco 2020–2026 ($ million)

Exhibit 76           Clean Hydrogen Market in Oman 2020–2026 ($ million)

Exhibit 77           Global Clean Hydrogen Market in Latin America in 2020 ($ million)

Exhibit 78           Carbon Dioxide Emissions in Latin America from 2010–2019 (Million Tons)

Exhibit 79           Clean Hydrogen Market in Latin America 2020–2026 ($ million)

Exhibit 80           Incremental Growth in North America 2020 & 2026

Exhibit 81           Clean Hydrogen Market in Chile 2020–2026 ($ million)

Exhibit 82           Clean Hydrogen Market in Mexico 2020–2026 ($ million)

             

List Of Tables   

Table 1               Key Caveats

Table 2               Currency Conversion 2013–2020

Table 3               Growth Opportunity in Clean Hydrogen Market by Technology (2020 & 2026)

Table 4               Growth Opportunity in Clean Hydrogen Market by End-user (2020 & 2026)

Table 5               Growth Opportunity in Clean Hydrogen Market by Region (2020 & 2026)

Table 6               Clean Hydrogen Market by Alkaline Electrolyzer 2020–2026 ($ million)

Table 7               Global PEM Electrolyzer Market 2020–2026 ($ million)

Table 8               Global SO Electrolyzer Market 2020–2026 ($ million)

Table 9               Global Clean Hydrogen Market by Transport 2020–2026 ($ million)

Table 10             Global Clean Hydrogen Market by Transport 2020–2026 ($ million)

Table 11             Clean Hydrogen Market by Transport by Geography 2020–2026 ($ million)

Table 12             Clean Hydrogen Market by Transport by Geography 2020–2026 ($ million)

Table 13             Clean Hydrogen Market in Europe by Technology 2020–2026 ($ million)

Table 14             Clean Hydrogen Market in Europe by End-user 2020–2026 ($ million)

Table 15             Clean Hydrogen Market in North America by Technology 2020–2026 ($ million)

Table 16             Clean Hydrogen Market in North America by End-user 2020–2026 ($ million)

Table 17             Clean Hydrogen Market in APAC by Technology 2020–2026 ($ million)

Table 18             Clean Hydrogen Market in APAC by End-user 2020–2026 ($ million)

Table 19             Upcoming Clean Hydrogen Projects in Middle East & Africa

Table 20             Clean Hydrogen Market in Middle East & Africa by Technology 2020–2026 ($ million)

Table 21             Clean Hydrogen Market in Middle East & Africa by End-user 2020–2026 ($ million)

Table 22             Clean Hydrogen Market in Latin America by Technology 2020–2026 ($ million)

Table 23             Clean Hydrogen Market in Latin America by End-user 2020–2026 ($ million)

Table 24             Global Clean Hydrogen Market by Geography 2020–2026 ($ million)

Table 25             Clean Hydrogen Market by Technology in Europe 2020–2026 ($ million)

Table 26             Clean Hydrogen Market by Technology in Europe 2020–2026 (%)

Table 27             Clean Hydrogen Market by End-user in Europe 2020–2026 ($ million)

Table 28             Clean Hydrogen Market by End-user in Europe 2020–2026 (%)

Table 29             Clean Hydrogen Market by Technology in North America 2020–2026 ($ million)

Table 30             Clean Hydrogen Market by Technology in North America 2020–2026 (%)

Table 31             Clean Hydrogen Market by End-user in North America 2020–2026 ($ million)

Table 32             Clean Hydrogen Market by End-user in North America 2020–2026 (%)

Table 33             Clean Hydrogen Market by Technology in APAC 2020–2026 ($ million)

Table 34             Clean Hydrogen Market by Technology in APAC 2020–2026 (%)

Table 35             Clean Hydrogen Market by End-user in APAC 2020–2026 ($ million)

Table 36             Clean Hydrogen Market by End-user in APAC 2020–2026 (%)

Table 37             Clean Hydrogen Market by Technology in Middle East & Africa 2020–2026 ($ million)

Table 38             Clean Hydrogen Market by Technology in Middle East & Africa 2020–2026 (%)

Table 39             Clean Hydrogen Market by End-user in Middle East & Africa 2020–2026 ($ million)

Table 40             Clean Hydrogen Market by End-user in Middle East & Africa 2020–2026 (%)

Table 41             Clean Hydrogen Market by Technology in Latin America 2020–2026 ($ million)

Table 42             Clean Hydrogen Market by Technology in Latin America 2020–2026 (%)

Table 43             Clean Hydrogen Market by End-user in Latin America 2020–2026 ($ million)

Table 44             Clean Hydrogen Market by End-user in Latin America 2020–2026 (%)

Table 45             Global Clean Hydrogen Market by Alkaline Electrolyzer 2020–2026 ($ million)

Table 46             Global Clean Hydrogen Market by Alkaline Electrolyzer 2020–2026 (%)

Table 47             Global Clean Hydrogen Market by PEM Electrolyzer 2020–2026 ($ million)

Table 48             Global Clean Hydrogen Market by PEM Electrolyzer 2020–2026 (%)

Table 49             Global Clean Hydrogen Market by SO Electrolyzer 2020–2026 ($ million)

Table 50             Global Clean Hydrogen Market by SO Electrolyzer 2020–2026 (%)

Table 51             Global Clean Hydrogen Market by Transport 2020–2026 ($ million)

Table 52             Global Clean Hydrogen Market by Transport 2020–2026 (%)

Table 53             Global Clean Hydrogen Market by Power Generation 2020–2026 ($ million)

Table 54             Global Clean Hydrogen Market by Power Generation 2020 –2026 (%)

Table 55             Global Clean Hydrogen Market by Industrial 2020–2026 ($ million)

Table 56             Global Clean Hydrogen Market by Industrial 2020–2026 (%)

Table 57             Global Clean Hydrogen Market by Others 2020–2026 (%)

1            Research Methodology

2            Research Objectives

3            Research Process

 

4            Scope & Coverage

4.1        Market Definition

4.1.1     Inclusions

4.1.2     Exclusions

4.1.3     Market Estimation Caveats

4.2        Base Year

4.3        Scope Of The Study

4.3.1     Market Segmentation By Geography

 

5            Report Assumptions & Caveats

5.1        Key Caveats

5.2        Currency Conversion

5.3        Market Derivation

 

6            Market at a Glance

7            Introduction

7.1        Overview

7.2        Different Types Of Hydrogen

7.3        Clean Or Green Hydrogen

7.3.1     Challenges for Clean Hydrogen

7.4        Requirement of Clean Hydrogen

7.5        Cost Analysis

7.6        Quadrant Analysis of Consumption And Production Of Green Hydrogen

7.6.1     Importers

7.6.2     Self Sufficient

7.6.3     Exporters

7.6.4     Limited Potential

 

8            Growth Opportunity by Segment

8.1        By Technology

8.2        By End-User

8.3        By Region

 

9            Impact Of COVID-19

 

10         Frequently Asked Questions

10.1      How Big Is the Clean Hydrogen Market?

10.2      What Is the Estimated Growth Rate for The Market?

10.3      Which Segment Accounts for The Largest Market Share?

10.4      Who Are the Key Players in The Market?

10.5      What Are the Key Growth Drivers for The Market?

 

11         Major Clean Hydrogen Project Summary

11.1.1   Australia

11.1.2   China

11.1.3   Spain

11.1.4   Saudi Arabia

11.1.5   Belgium

11.1.6   UK

11.1.7   France

11.1.8   Netherlands

 

12         Market Opportunities & Trends

12.1      Advantages Of Clean Hydrogen

12.2      Cost Competitiveness

12.3      Broader Use Of Hydrogen & Benefits For Power Systems

 

13         Market Growth Enablers

13.1      Supportive Government Policies

 

14         Market Restraints

14.1      Physical & Chemical Properties Of Clean Hydrogen

14.2      High Production Cost

 

15         Market Landscape

15.1      Market Overview

15.2      Market Size & Forecast

15.3      Five Forces Analysis

15.3.1   Threat of New Entrants

15.3.2   Bargaining Power of Suppliers

15.3.3   Bargaining Power of Buyers

15.3.4   Threat of Substitutes

15.3.5   Competitive Rivalry

 

16         Technology

16.1      Market Snapshot & Growth Engine

16.2      Market Overview

16.3      Alkaline Electrolyzer

16.3.1   Market Overview

16.3.2   Market Size & Forecast

16.3.3   Market By Geography

16.4      PEM Electrolyzer

16.4.1   Market Overview

16.4.2   Market Size & Forecast

16.4.3   Market By Geography

16.5      SO Electrolyzer

16.5.1   Market Overview

16.5.2   Market Size & Forecast

16.5.3   Market By Geography

 

17         End-User

17.1      Market Snapshot & Growth Engine

17.2      Market Overview

17.3      Transport

17.3.1   Market Overview

17.3.2   Market Size & Forecast

17.3.3   Market By Geography

17.4      Power Generation

17.4.1   Market Overview

17.4.2   Market Size & Forecast

17.4.3   Market By Geography

17.5      Industrial

17.5.1   Market Overview

17.5.2   Market Size & Forecast

17.5.3   Market By Geography

17.6      Others

17.6.1   Market Overview

17.6.2   Market Size & Forecast

17.6.3   Market By Geography

 

18         Geography

18.1      Market Snapshot & Growth Engine

18.2      Geographic Overview

 

19         Europe

19.1      Market Overview

19.2      Market Size & Forecast

19.3      Technology

19.3.1   Market Size & Forecast

19.4      End-User

19.4.1   Market Size & Forecast

19.5      Key Countries

19.5.1   Germany: Market Size & Forecast

19.5.2   France: Market Size & Forecast

19.5.3   Spain: Market Size & Forecast

19.5.4   Italy: Market Size & Forecast

19.5.5   UK: Market Size & Forecast

 

20         North America

20.1      Market Overview

20.2      Market Size & Forecast

20.3      Technology

20.3.1   Market Size & Forecast

20.4      End-User

20.4.1   Market Size & Forecast

20.5      Key Countries

20.5.1   US: Market Size & Forecast

20.5.2   Canada: Market Size & Forecast

 

21         APAC

21.1      Market Overview

21.2      Market Size & Forecast

21.3      Technology

21.3.1   Market Size & Forecast

21.4      End-User

21.4.1   Market Size & Forecast

21.5      Key Countries

21.5.1   Japan: Market Size & Forecast

21.5.2   China: Market Size & Forecast

21.5.3   Australia: Market Size & Forecast

21.5.4   India: Market Size & Forecast

21.5.5   South Korea: Market Size & Forecast

 

22         Middle East & Africa

22.1      Market Overview

22.2      Market Size & Forecast

22.3      Technology

22.3.1   Market Size & Forecast

22.4      End-User

22.4.1   Market Size & Forecast

22.5      Key Countries

22.5.1   Saudi Arabia: Market Size & Forecast

22.5.2   Morocco: Market Size & Forecast

22.5.3   Oman: Market Size & Forecast

 

23         Latin America

23.1      Market Overview

23.2      Market Size & Forecast

23.3      Technology

23.3.1   Market Size & Forecast

23.4      End-User

23.4.1   Market Size & Forecast

23.5      Key Countries

23.5.1   Chile: Market Size & Forecast

23.5.2   Mexico: Market Size & Forecast

 

24         Competitive Landscape

24.1      Competition Overview

 

25         Key Company Profiles

25.1      Linde PLC

25.1.1   Business Overview

25.1.2   Key Strategies

25.1.3   Key Strengths

25.1.4   Key Opportunities

25.2      Air Liquide

25.2.1   Business Overview

25.2.2   Key Strategies

25.2.3   Key Strengths

25.2.4   Key Opportunities

25.3      Engie

25.3.1   Business Overview

25.3.2   Key Strategies

25.3.3   Key Strengths

25.3.4   Key Opportunities

25.4      Uniper SE

25.4.1   Business Overview

25.4.2   Key Strategies

25.4.3   Key Strengths

25.4.4   Key Opportunities

25.5      Siemens Energy

25.5.1   Business Overview

25.5.2   Key Strategies

25.5.3   Key Strengths

25.5.4   Key Opportunities

 

26         Other Prominent Vendors

26.1      Air Products INC

26.1.1   Business Overview

26.2      Clean Hydrogen System

26.2.1   Business Overview

26.3      Cummins INC

26.3.1   Business Overview

26.4      Toshiba Energy Systems & Solutions Corporation

26.4.1   Business Overview

26.5      NEl ASA

26.5.1   Business Overview

26.5.2   Key Highlight of Organization

26.6      SGH2 Energy

26.6.1   Business Overview

26.6.2   Key Highlights of Organization

26.7      Sun Green H2

26.7.1   Business Overview

26.7.2   Key Highlights of Organization

26.8      Green Hydrogen

26.8.1   Business Overview

26.8.2   Key Highlights Of Organization

26.9      Fuel Cell Energy

26.9.1   Business Overview

26.9.2   Key Highlights of Organization

26.10    Plug Power

26.10.1 Business Overview

26.10.2 Key Highlights of Organization

26.11    McPhy

26.11.1 Business Overview

26.11.2 Key Highlights of Organization

26.12    Arkema

26.12.1 Business Overview

26.12.2 Key Highlights of Organization

26.13    SYMBIO

26.13.1 Business Overview

26.13.2 Key Highlights of Organization

26.14    ACWA POWER

26.14.1 Business Overview

26.14.2 Key Highlights of Organization

26.15    CWP Global

26.15.1 Business Overview

26.15.2 Key Highlights of Organization

26.16    Hypoint

26.16.1 Business Overview

26.16.2 Key Highlights Of Organization

26.17    Enapter

26.17.1 Business Overview

26.17.2 Key Highlights Of Organization

26.18    Hytech Power

26.18.1 Business Overview

26.18.2 Key Highlights of Organization

26.19    HYON

26.19.1 Business Overview

26.19.2 Key Highlights of Organization

26.20    Ballard Power System

26.20.1 Business Overview

26.20.2 Key Highlights Of Organization

26.21    Bloom Energy

26.21.1 Business Overview

26.21.2 Key Highlights Of Organization

26.22    Rouge H2 Engineering Gmbh

26.22.1 Business Overview

26.22.2 Key Highlights of Organization

 

27         Report Summary

27.1      Key Takeaways

27.2      Strategic Recommendations

 

28         Quantitative Summary

28.1      Market By Geography

28.2      Europe

28.2.1   By Technology

28.2.2   By End-user

28.3      North America

28.3.1   By Technology

28.3.2   By End-user

28.4      APAC

28.4.1   By Technology

28.4.2   By End-user

28.5      Middle East & Africa

28.5.1   By Technology

28.5.2   By End-User

28.6      Latin America

28.6.1   By Technology

28.6.2   By End-User

28.7      Technology

28.7.1   Alkaline Electrolyzer

28.7.2   PEM Electrolyzer

28.7.3   SO Electrolyzer

28.8      End-User

28.8.1   Transport

28.8.2   Power Generation

28.8.3   Industrial

28.8.4   Others

 

29         Appendix

29.1      Abbreviations

             

             

             

 

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Frequently Asked Questions

How big will the clean hydrogen market size by 2026?

The global market size is expected to reach over USD 2098.44 million by 2026.

Which segment accounted for the largest clean hydrogen market share?

Alkaline electrolyzer accounted for the largest shares of 59% due to low cost compared to other electrolyzers.

Who are the top companies in the clean hydrogen market?

Air Liquide, Linde plc, Siemens Energy, Uniper SE, and Engie are some of the top companies in the market.

What are the factors driving the green hydrogen market?

The major factors driving the growth of clean hydrogen are rising environmental concerns to curb carbon emissions and a switch to cleaner fuel to attain sustainable development.

Which region is expected to hold the highest market share in the clean hydrogen market?

In 2020, Europe dominated the market with a share of over 56% in terms of revenue.