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THE GREEN HYDROGEN MARKET SIZE WAS VALUED AT USD 6.42 BILLION IN 2023, IS SET TO EXPERIENCE UNPRECEDENTED GROWTH, FORECASTED TO REACH USD 84.03 BILLION BY 2029, WITH A CAGR OF 53.53%
The Green Hydrogen Market Size, Share, & Trends Analysis Report By
- Technology: Alkaline Electrolyser, Proton Exchange Membrane Electrolyzer, and Other
- Source: Wind Energy, Solar Energy, and Others
- End Users: Refining, Ammonia, and Others
- Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
GLOBAL GREEN HYDROGEN MARKET REPORT SCOPE
REPORT ATTRIBUTE | DETAILS |
---|---|
Market Size (2029) | USD 84.03 Billion |
Market Size (2023) | USD 6.42 Billion |
CAGR (2023-2029) | 53.53% |
BASE YEAR | 2023 |
FORECAST YEAR | 2024-2029 |
Market Segments | Technology, Source, End User, and Geography |
Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
KEY PLAYERS | Nel, ITM Power, ENGIE, Siemens Energy, and Air Products and Chemicals |
GREEN HYDROGEN MARKET SIZE
The green hydrogen market size, valued at USD 6.42 billion in 2023, is set to experience unprecedented growth, forecasted to reach USD 84.03 billion by 2029 with an extraordinary CAGR of 53.53% during the forecast period. This rapid expansion signifies the transformative impact of green hydrogen as a clean and sustainable energy source. Unlike its gray and blue counterparts, green hydrogen is produced using renewable electricity via electrolysis, making it crucial for decarbonizing challenging sectors such as steel, cement, glass, and chemicals.
The Role of Green Hydrogen in a Low-Carbon Economy
Green hydrogen plays an essential role in reducing emissions across diverse industries. Its application in creating synthetic fuels like ammonia and methanol has unlocked significant opportunities for decarbonizing high-emission sectors, including aviation, shipping, and heavy transportation. While alternative technologies like battery electric vehicles dominate light-duty sectors, the advantages of green hydrogen in energy storage and long-distance transportation make it indispensable.
REGIONAL DYNAMICS OF THE GREEN HYDROGEN MARKET SIZE
Europe: Leading the Global Transition
Europe leads the green hydrogen market size, driven by ambitious climate policies and strong investments in renewable energy. Countries like Germany, Spain, and the Netherlands are establishing robust hydrogen infrastructure and advancing export capabilities, making Europe a frontrunner in hydrogen innovation.
Latin America and the Middle East: Emerging Powerhouses
Latin America’s vast solar and wind resources, combined with government initiatives, are fueling its green hydrogen growth. Simultaneously, Middle Eastern countries like Saudi Arabia and the UAE are investing heavily in large-scale green hydrogen projects to cater to both domestic and international markets.
India and Australia: Promising Contenders
India is targeting 5 million tons of green hydrogen production annually by 2030, supported by subsidies and strategic projects. Similarly, Australia is leveraging its renewable resources and geographical proximity to key markets, such as Japan and South Korea, to expand its influence in the green hydrogen market size.
TECHNOLOGICAL INNOVATIONS POWERING GROWTH
The green hydrogen market size is being propelled by advancements in electrolysis technologies. While alkaline and PEM electrolyzers dominate the market, emerging solutions like Solid Oxide Electrolysis Cells (SOEC) and Anion Exchange Membranes (AEM) promise to revolutionize efficiency and cost-effectiveness. These innovations are expected to enhance adoption and broaden the market’s accessibility.
Applications Across Industries
The versatility of green hydrogen drives demand across multiple sectors:
Refining and Ammonia Production: Green hydrogen replaces conventional fossil fuel-based hydrogen, reducing emissions in fertilizer and industrial chemical production.
Transportation: It supports fuel cells and synthetic fuels, particularly in aviation and heavy transportation.
Energy Storage and Integration: Green hydrogen acts as a reliable energy carrier, complementing renewable energy systems.
CHALLENGES AND OPPORTUNITIES
The rapid expansion of the green hydrogen market size is not without challenges. High production costs and infrastructure barriers remain significant hurdles. However, government incentives, international collaborations, and ongoing technological advancements are mitigating these issues. As production scales up, costs are expected to decline, paving the way for broader adoption.
FUTURE OUTLOOK FOR THE GREEN HYDROGEN MARKET SIZE
The green hydrogen market size is poised for remarkable growth as global efforts to decarbonize industries intensify. By fostering innovation, scaling production, and enabling international cooperation, stakeholders can unlock the vast potential of green hydrogen. Its role in decarbonizing industries, driving renewable energy integration, and creating economic opportunities positions it as a cornerstone of the global energy transition. As the world moves toward a sustainable future, the expanding green hydrogen market size will be instrumental in reshaping the energy landscape and achieving ambitious climate goals.
SNAPSHOT
The global green hydrogen market size is expected to grow at a CAGR of approximately 53.53% from 2023 to 2029.
The following factors are likely to contribute to the growth of the green hydrogen market during the forecast period:
- Increasing Government Support & Initiatives
- Sustainability and Environmental Concerns
- Rising Applications of Green Hydrogen
- Surging Demand for Solid Oxide Electrolysis Cells (SOEC) Technology
Base Year: 2023
Forecast Year: 2024-2029
The report considers the present scenario of the global green hydrogen market and its market dynamics for 2024−2029. 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 Company Profiles
- Nel
- Business Overview
- Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- ITM Power
- ENGIE
- Siemens Energy
- Air Products and Chemicals
Other Prominent Vendors
- McPhy Energy
- Business Overview
- Product Offerings
- Loop Energy
- Messer
- Elcogen
- LONGi
- John Cockerill
- Plug Power
- Cummins
- Genvia
- Air Liquide
- Linde
- Bloom Energy
- Uniper
- FuelCell Energy
- Toshiba Energy Systems & Solutions Corporation
- FUSION-FUEL
- thyssenkrupp AG
- Enapter
- Ørsted
- HydrogenPro
- Topsoe
- Sunfire
- H2 Green
- NTPC REL
- Green Hydrogen Systems
- Lhyfe
- Iberdrola
- Enel Green Power
- Beijing SinoHy Energy
- GUOFUHEE
- Sungrow Power Supply
- Shandong AUYAN New Energy Technology
- Purification Equipment Research Institute of CSIC
- Kohodo Hydrogen Energy
- Ohmium
Segmentation by Technology
- Alkaline Electrolyser
- Proton Exchange Membrane Electrolyzer
- Others
Segmentation by Source
- Wind Energy
- Solar Energy
- Others
Segmentation by End Users
- Refining
- Ammonia
- Others
Segmentation by Geography
- EuropeGermany
- Spain
- France
- Portugal
- Italy
- APACChina
- India
- Japan
- Australia
- South Korea
- North AmericaUS
- Canada
- Middle East & AfricaEgypt
- Morocco
- South Africa
- Saudi Arabia
- UAE
- Latin AmericaChile
- Brazil
- Mexico
- Argentina
Frequently Asked Questions
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EXHIBIT 1 MARKET SIZE CALCULATION APPROACH 2023
EXHIBIT 2 UNLOCKING EXPORT POTENTIAL: THE PROMISING OPPORTUNITIES OF GCC NATIONS
EXHIBIT 3 COMPARISON OF GROWTH RATES BY TECHNOLOGIES
EXHIBIT 4 COMPARISON OF GROWTH RATES BY SOURCE
EXHIBIT 5 COMPARISON OF GROWTH RATES BY END USER
EXHIBIT 6 COMPARISON OF THE GROWTH RATES OF REGIONS
EXHIBIT 7 KEY DEVELOPMENTS RELATED TO HYDROGEN IN DIFFERENT COUNTRIES
EXHIBIT 8 GREEN HYDROGEN COST
EXHIBIT 9 POTENTIAL SHIFT IN THE GLOBAL HYDROGEN SUPPLY LANDSCAPE BY 2050, BASED ON THE ACHIEVED COMMITMENTS SCENARIO
EXHIBIT 10 VALUE CHAIN OF GREEN HYDROGEN
EXHIBIT 11 IMPACT OF RISING INVESTMENTS IN GREEN HYDROGEN PROJECTS
EXHIBIT 12 IMPACT OF TECHNOLOGICAL ADVANCEMENTS AND INCREASING R&D ACTIVITIES
EXHIBIT 13 IMPACT OF THE EMERGENCE OF ANION EXCHANGE MEMBRANE
EXHIBIT 14 IMPACT OF INCREASING GOVERNMENT SUPPORT & INITIATIVES
EXHIBIT 15 IMPACT OF SUSTAINABILITY AND ENVIRONMENTAL CONCERNS
EXHIBIT 16 IMPACT OF RISING APPLICATIONS OF GREEN HYDROGEN
EXHIBIT 17 IMPACT OF THE SURGING DEMAND FOR SOLID OXIDE ELECTROLYSIS CELLS (SOEC) TECHNOLOGY
EXHIBIT 18 IMPACT OF COMPETITIVE COST CHALLENGES
EXHIBIT 19 IMPACT OF THE LACK OF INFRASTRUCTURE FACILITIES
EXHIBIT 20 IMPACT OF HIGH COST OF PRODUCTION
EXHIBIT 21 GREEN HYDROGEN COST
EXHIBIT 22 GLOBAL GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 23 FIVE FORCES ANALYSIS 2023
EXHIBIT 24 INCREMENTAL GROWTH BY TECHNOLOGY 2023 & 2029
EXHIBIT 25 GLOBAL ALKALINE ELECTROLYZER MARKET 2023–2029 ($ BILLION)
EXHIBIT 26 GLOBAL PROTON EXCHANGE MEMBRANE ELECTROLYZER IN GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 27 GLOBAL OTHER TECHNOLOGY IN GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 28 INCREMENTAL GROWTH BY SOURCE 2023 & 2029
EXHIBIT 29 MARKET SHARE (2029) & ABSOLUTE GROWTH BY SOURCE 2023-2029 (%)
EXHIBIT 30 GLOBAL WIND ENERGY GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 31 GLOBAL SOLAR ENERGY GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 32 GLOBAL OTHER SOURCE GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 33 INCREMENTAL GROWTH BY END USERS 2023 & 2029
EXHIBIT 34 ANTICIPATED TIMELINE OF THE ADOPTION OF GREEN HYDROGEN BY END USERS
EXHIBIT 35 ASSESSING THE GREEN HYDROGEN MARKET POTENTIAL FOR DEVELOPMENT BY 2030
EXHIBIT 36 GREEN HYDROGEN SHARE IN THE REFINING SEGMENT TO BE OVER 10% BY 2030
EXHIBIT 37 GLOBAL REFINING GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 38 GLOBAL AMMONIA GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 39 GLOBAL OTHER END- USER GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)
EXHIBIT 40 INCREMENTAL GROWTH BY GEOGRAPHY 2023 & 2029
EXHIBIT 41 GLOBAL GREEN HYDROGEN PROJECTS CURRENTLY IN THE FINANCING STAGE ($ BILLION)
EXHIBIT 42 UNLOCKING EXPORT POTENTIAL: THE GCC COUNTRIES ECONOMIC POWERHOUSE
EXHIBIT 43 FUNDING INITIATIVES FOR THE GREEN HYDROGEN PROJECTS IN THE COUNTRY
EXHIBIT 44 RECENT DEVELOPMENTS IN AUSTRIA IN 2023
EXHIBIT 45 GREEN HYDROGEN MARKET IN EUROPE 2023–2029 ($ BILLION)
EXHIBIT 46 INCREMENTAL GROWTH IN EUROPE 2023 & 2029
EXHIBIT 47 GREEN HYDROGEN MARKET IN GERMANY 2023–2029 ($ BILLION)
EXHIBIT 48 GREEN HYDROGEN MARKET IN SPAIN 2023–2029 ($ BILLION)
EXHIBIT 49 KEY FACTS
EXHIBIT 50 GREEN HYDROGEN MARKET IN FRANCE 2023–2029 ($ BILLION)
EXHIBIT 51 GREEN HYDROGEN MARKET IN PORTUGAL 2023–2029 ($ BILLION)
EXHIBIT 52 GREEN HYDROGEN MARKET IN ITALY 2023–2029 ($ BILLION)
EXHIBIT 53 THE HYDROGEN VISIONS OF COUNTRIES
EXHIBIT 54 GREEN HYDROGEN MARKET IN APAC 2023–2029 ($ BILLION)
EXHIBIT 55 INCREMENTAL GROWTH IN APAC 2023 & 2029
EXHIBIT 56 GREEN HYDROGEN MARKET IN CHINA 2023–2029 ($ BILLION)
EXHIBIT 57 GOVERNMENT SUPPORT & INITIATIVES IN INDIA
EXHIBIT 58 GREEN HYDROGEN MARKET IN INDIA 2023–2029 ($ BILLION)
EXHIBIT 59 GREEN HYDROGEN MARKET IN AUSTRALIA 2023–2029 ($ BILLION)
EXHIBIT 60 THE ONGOING KEY PROJECTS IN AUSTRALIA
EXHIBIT 61 FACTORS DRIVING JAPAN’S AMBITION
EXHIBIT 62 GREEN HYDROGEN MARKET IN JAPAN 2023–2029 ($ BILLION)
EXHIBIT 63 GREEN HYDROGEN MARKET IN SOUTH KOREA 2023–2029 ($ BILLION)
EXHIBIT 64 GREEN HYDROGEN MARKET IN NORTH AMERICA 2023–2029 ($ BILLION)
EXHIBIT 65 INCREMENTAL GROWTH IN NORTH AMERICA 2023 & 2029
EXHIBIT 66 GREEN HYDROGEN MARKET IN THE US 2023–2029 ($ BILLION)
EXHIBIT 67 GREEN HYDROGEN MARKET IN CANADA 2023–2029 ($ BILLION)
EXHIBIT 68 GREEN HYDROGEN MARKET IN MIDDLE EAST &AFRICA 2023–2029 ($ BILLION)
EXHIBIT 69 INCREMENTAL GROWTH IN THE MIDDLE EAST & AFRICA 2023 & 2029
EXHIBIT 70 GREEN HYDROGEN MARKET IN EGYPT 2023–2029 ($ BILLION)
EXHIBIT 71 GREEN HYDROGEN MARKET IN MOROCCO 2023–2029 ($ BILLION)
EXHIBIT 72 GREEN HYDROGEN MARKET IN SOUTH AFRICA 2023–2029 ($ BILLION)
EXHIBIT 73 GREEN HYDROGEN MARKET IN SAUDI ARABIA 2024–2029 ($ BILLION)
EXHIBIT 74 GREEN HYDROGEN MARKET IN THE UAE 2023–2029 ($ BILLION)
EXHIBIT 75 GREEN HYDROGEN MARKET IN LATIN AMERICA 2023–2029 ($ BILLION)
EXHIBIT 76 INCREMENTAL GROWTH IN LATIN AMERICA 2023 & 2029
EXHIBIT 77 GREEN HYDROGEN MARKET IN CHILE 2023–2029 ($ BILLION)
EXHIBIT 78 GREEN HYDROGEN MARKET IN BRAZIL 2023–2029 ($ BILLION)
EXHIBIT 79 GREEN HYDROGEN MARKET IN MEXICO 2023–2029 ($ BILLION)
EXHIBIT 80 KEY FACTS ABOUT GREEN HYDROGEN IN MEXICO
EXHIBIT 81 GREEN HYDROGEN MARKET IN ARGENTINA 2024–2029 ($ BILLION)
EXHIBIT 82 KEY CAVEATS
LIST OF TABLES
TABLE 1 FOCUS MARKETS OF GREEN HYDROGEN SYSTEMS
TABLE 2 TOP GREEN HYDROGEN PROJECTS WORLDWIDE
TABLE 3 GREEN HYDROGEN INITIATIVES BY SOUTH ASIAN COUNTRIES
TABLE 4 SOME OF SAUDI ARABIA’S PROJECTS FOR ACHIEVING SUSTAINABILITY BY 2030
TABLE 5 COMPARISON OF PRODUCTION COST OF HYDROGEN
TABLE 6 ELECTROLYZER CAPACITY BY REGION (GW)
TABLE 7 CHARACTERISTICS OF DIFFERENT ELECTROLYZER TECHNOLOGIES
TABLE 8 KEY COMPANIES MANUFACTURING ALKALINE ELECTROLYZERS
TABLE 9 ALKALINE ELECTROLYZER GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 10 KEY COMPANIES MANUFACTURING PROTON EXCHANGE MEMBRANE ELECTROLYZERS
TABLE 11 PROTON EXCHANGE MEMBRANE ELECTROLYZER GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 12 KEY COMPANIES MANUFACTURING SOLID OXIDE ELECTROLYSIS CELL
TABLE 13 OTHER TECHNOLOGY GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 14 WIND ENERGY GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 15 SOLAR ENERGY GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 16 OTHER SOURCE GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 17 REFINING GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 18 AMMONIA GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 19 OTHER END-USER GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 20 DEVELOPMENT OF HYDROGEN STRATEGIES AND ROADMAPS IN KEY COUNTRIES AND REGIONS
TABLE 21 GREEN HYDROGEN MARKET BY TECHNOLOGY IN EUROPE 2023−2029 ($ BILLION)
TABLE 22 GREEN HYDROGEN MARKET BY SOURCE IN EUROPE 2023−2029 ($ BILLION)
TABLE 23 GREEN HYDROGEN MARKET BY END USERS IN EUROPE 2023−2029 ($ BILLION)
TABLE 24 GREEN HYDROGEN MARKET BY TECHNOLOGY IN APAC 2023−2029 ($ BILLION)
TABLE 25 GREEN HYDROGEN MARKET BY SOURCE IN APAC 2023−2029 ($ BILLION)
TABLE 26 GREEN HYDROGEN MARKET BY END USERS IN APAC 2023−2029 ($ BILLION)
TABLE 27 GREEN HYDROGEN MARKET BY TECHNOLOGY IN NORTH AMERICA 2023−2029 ($ BILLION)
TABLE 28 GREEN HYDROGEN MARKET BY SOURCE IN NORTH AMERICA 2023−2029 ($ BILLION)
TABLE 29 GREEN HYDROGEN MARKET BY END USERS IN NORTH AMERICA 2023−2029 ($ BILLION)
TABLE 30 GREEN HYDROGEN MARKET BY TECHNOLOGY IN THE MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)
TABLE 31 GREEN HYDROGEN MARKET BY SOURCE IN THE MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)
TABLE 32 GREEN HYDROGEN MARKET BY END USERS IN THE MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)
TABLE 33 GREEN HYDROGEN MARKET BY TECHNOLOGY IN LATIN AMERICA 2023−2029 ($ BILLION)
TABLE 34 GREEN HYDROGEN MARKET BY SOURCE IN LATIN AMERICA 2023−2029 ($ BILLION)
TABLE 35 GREEN HYDROGEN MARKET BY END USERS IN LATIN AMERICA 2023−2029 ($ BILLION)
TABLE 36 NEL: MAJOR PRODUCT OFFERINGS
TABLE 37 ITM POWER: MAJOR PRODUCT OFFERINGS
TABLE 38 ENGIE: MAJOR PRODUCT OFFERINGS
TABLE 39 SIEMENS ENERGY: MAJOR PRODUCT OFFERINGS
TABLE 40 AIR PRODUCTS AND CHEMICALS: MAJOR PRODUCT OFFERINGS
TABLE 41 MCPHY ENERGY: MAJOR PRODUCT OFFERINGS
TABLE 42 LOOP ENERGY: MAJOR PRODUCT OFFERINGS
TABLE 43 MESSER: MAJOR PRODUCT OFFERINGS
TABLE 44 ELCOGEN: MAJOR PRODUCT OFFERINGS
TABLE 45 LONGI: MAJOR PRODUCT OFFERINGS
TABLE 46 JOHN COCKERILL: MAJOR PRODUCT OFFERINGS
TABLE 47 PLUG POWER: MAJOR PRODUCT OFFERINGS
TABLE 48 CUMMINS: MAJOR PRODUCT OFFERINGS
TABLE 49 GENVIA: MAJOR PRODUCT OFFERINGS
TABLE 50 AIR LIQUIDE: MAJOR PRODUCT OFFERINGS
TABLE 51 LINDE: MAJOR PRODUCT OFFERINGS
TABLE 52 BLOOM ENERGY: MAJOR PRODUCT OFFERINGS
TABLE 53 UNIPER: MAJOR PRODUCT OFFERINGS
TABLE 54 FUELCELL ENERGY: MAJOR PRODUCT OFFERINGS
TABLE 55 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: MAJOR PRODUCT OFFERINGS
TABLE 56 FUSION-FUEL: MAJOR PRODUCT OFFERINGS
TABLE 57 THYSSENKRUPP: MAJOR PRODUCT OFFERINGS
TABLE 58 ENAPTER: MAJOR PRODUCT OFFERINGS
TABLE 59 ORSTED: MAJOR PRODUCT OFFERINGS
TABLE 60 HYDROGENPRO: MAJOR PRODUCT OFFERINGS
TABLE 61 TOPSOE: MAJOR PRODUCT OFFERINGS
TABLE 62 SUNFIRE: MAJOR PRODUCT OFFERINGS
TABLE 63 H2 GREEN: MAJOR PRODUCT OFFERINGS
TABLE 64 NTPCREL: MAJOR PRODUCT OFFERINGS
TABLE 65 GREEN HYDROGEN SYSTEMS: MAJOR PRODUCT OFFERINGS
TABLE 66 LHYFE: MAJOR PRODUCT OFFERINGS
TABLE 67 IBERDROLA: MAJOR PRODUCT OFFERINGS
TABLE 68 ENEL GREEN POWER: MAJOR PRODUCT OFFERINGS
TABLE 69 BEIJING SINOHY ENERGY: MAJOR PRODUCT OFFERINGS
TABLE 70 GUOFUHEE: MAJOR PRODUCT OFFERINGS
TABLE 71 SUNGROW POWER SUPPLY: MAJOR PRODUCT OFFERINGS
TABLE 72 SHANDONG AUYAN NEW ENERGY TECHNOLOGY: MAJOR PRODUCT OFFERINGS
TABLE 73 PURIFICATION EQUIPMENT RESEARCH INSTITUTE OF CSIC: MAJOR PRODUCT OFFERINGS
TABLE 74 KOHODO HYDROGEN ENERGY: MAJOR PRODUCT OFFERINGS
TABLE 75 OHMIUM: MAJOR PRODUCT OFFERINGS
TABLE 76 GLOBAL GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 77 GLOBAL GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 (%)
TABLE 78 GLOBAL GREEN HYDROGEN MARKET BY TECHNOLOGY 2023−2029 ($ BILLION)
TABLE 79 GLOBAL GREEN HYDROGEN MARKET BY SOURCE 2023−2029 ($ BILLION)
TABLE 80 GLOBAL GREEN HYDROGEN MARKET BY END-USERS 2023−2029 ($ BILLION)
TABLE 81 GREEN HYDROGEN MARKET BY TECHNOLOGY IN EUROPE 2023−2029 ($ BILLION)
TABLE 82 GREEN HYDROGEN MARKET BY SOURCE IN EUROPE 2023−2029 ($ BILLION)
TABLE 83 GREEN HYDROGEN MARKET BY END-USERS IN EUROPE 2023−2029 ($ BILLION)
TABLE 84 GREEN HYDROGEN MARKET BY TECHNOLOGY IN APAC 2023−2029 ($ BILLION)
TABLE 85 GREEN HYDROGEN MARKET BY SOURCE IN APAC 2023−2029 ($ BILLION)
TABLE 86 GREEN HYDROGEN MARKET BY END-USERS IN APAC 2023−2029 ($ BILLION)
TABLE 87 GREEN HYDROGEN MARKET BY TECHNOLOGY IN NORTH AMERICA 2023−2029 ($ BILLION)
TABLE 88 GREEN HYDROGEN MARKET BY SOURCE IN NORTH AMERICA 2023−2029 ($ BILLION)
TABLE 89 GREEN HYDROGEN MARKET BY END-USERS IN NORTH AMERICA 2023−2029 ($ BILLION)
TABLE 90 GREEN HYDROGEN MARKET BY TECHNOLOGY IN LATIN AMERICA 2023−2029 ($ BILLION)
TABLE 91 GREEN HYDROGEN MARKET BY SOURCE IN LATIN AMERICA 2023−2029 ($ BILLION)
TABLE 92 GREEN HYDROGEN MARKET BY END-USERS IN LATIN AMERICA 2023−2029 ($ BILLION)
TABLE 93 GREEN HYDROGEN MARKET BY TECHNOLOGY IN MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)
TABLE 94 GREEN HYDROGEN MARKET BY SOURCE IN MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)
TABLE 95 GREEN HYDROGEN MARKET BY END-USERS IN MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)
TABLE 96 CURRENCY CONVERSION 2016−2023
1. SCOPE & COVERAGE
1.1. MARKET DEFINITION
1.1.1. INCLUSIONS
1.1.2. EXCLUSIONS
1.1.3. MARKET ESTIMATION CAVEATS
1.2. SEGMENTS COVERED & DEFINITIONS
1.2.1. MARKET BY TECHNOLOGY
1.2.2. MARKET BY SOURCE
1.2.3. MARKET BY END USER
1.2.4. REGIONS & COUNTRIES COVERED
1.3. MARKET DERIVATION
1.3.1. BASE YEAR
2. PREMIUM INSIGHTS
2.1. REPORT OVERVIEW
2.1.1. FUTURE EXPORTERS OF GREEN HYDROGEN
2.2. IMPACT OF TECHNOLOGY
2.3. SEGMENT ANALYSIS
2.3.1. INSIGHTS BY TECHNOLOGY
2.3.2. INSIGHTS BY SOURCE
2.3.3. INSIGHTS BY END USER
2.4. REGIONAL ANALYSIS
2.5. COMPETITIVE LANDSCAPE
2.6. OPPORTUNITY POCKETS
3. MARKET AT A GLANCE
4. INTRODUCTION
4.1. OVERVIEW OF THE HYDROGEN INDUSTRY
4.2. COST ANALYSIS
4.3. REGULATORY CHANGES AND THE IMPLEMENTATION OF NATIONAL HYDROGEN STRATEGIES
4.4. KEY INSIGHTS OF DEVELOPING COUNTRIES
4.5. RISK FACTORS
4.6. VALUE CHAIN
4.6.1. UPSTREAM- THE PRODUCTION OF HYDROGEN
4.6.2. MIDSTREAM- TRANSPORTATION & STORAGE
4.6.3. DOWNSTREAM- END USERS
5. MARKET OPPORTUNITIES & TRENDS
5.1. RISING INVESTMENTS IN GREEN HYDROGEN PROJECTS
5.2. TECHNOLOGICAL ADVANCEMENTS AND INCREASING R&D ACTIVITIES
5.3. EMERGENCE OF ANION EXCHANGE MEMBRANE
6. MARKET GROWTH ENABLERS
6.1. INCREASING GOVERNMENT SUPPORT & INITIATIVES
6.2. SUSTAINABILITY AND ENVIRONMENTAL CONCERNS
6.3. RISING APPLICATIONS OF GREEN HYDROGEN
6.4. SURGING DEMAND FOR SOLID OXIDE ELECTROLYSIS CELLS (SOEC) TECHNOLOGY
7. MARKET RESTRAINTS
7.1. COMPETITIVE COST CHALLENGES
7.2. LACK OF INFRASTRUCTURE FACILITIES
7.3. HIGH COST OF PRODUCTION
8. MARKET LANDSCAPE
8.1. MARKET OVERVIEW
8.2. MARKET SIZE & FORECAST
8.3. FIVE FORCES ANALYSIS
8.3.1. THREAT OF NEW ENTRANTS
8.3.2. BARGAINING POWER OF SUPPLIERS
8.3.3. BARGAINING POWER OF BUYERS
8.3.4. THREAT OF SUBSTITUTES
8.3.5. COMPETITIVE RIVALRY
9. TECHNOLOGY
9.1. MARKET SNAPSHOT & GROWTH ENGINE
9.2. MARKET OVERVIEW
9.3. ALKALINE ELECTROLYZER
9.3.1. MARKET SIZE & FORECAST
9.3.2. MARKET BY GEOGRAPHY
9.4. PROTON EXCHANGE MEMBRANE ELECTROLYZER
9.4.1. MARKET SIZE & FORECAST
9.4.2. MARKET BY GEOGRAPHY
9.5. OTHER
9.5.1. MARKET SIZE & FORECAST
9.5.2. MARKET BY GEOGRAPHY
10. SOURCE
10.1. MARKET SNAPSHOT & GROWTH ENGINE
10.2. MARKET OVERVIEW
10.3. WIND ENERGY
10.3.1. MARKET SIZE & FORECAST
10.3.2. MARKET BY GEOGRAPHY
10.4. SOLAR ENERGY
10.4.1. MARKET SIZE & FORECAST
10.4.2. MARKET BY GEOGRAPHY
10.5. OTHERS
10.5.1. MARKET SIZE & FORECAST
10.5.2. MARKET BY GEOGRAPHY
11. END USERS
11.1. MARKET SNAPSHOT & GROWTH ENGINE
11.2. MARKET OVERVIEW
11.3. REFINING
11.3.1. MARKET SIZE & FORECAST
11.3.2. MARKET BY GEOGRAPHY
11.4. AMMONIA
11.4.1. MARKET SIZE & FORECAST
11.4.2. MARKET BY GEOGRAPHY
11.5. OTHERS
11.5.1. MARKET SIZE & FORECAST
11.5.2. MARKET BY GEOGRAPHY
12. GEOGRAPHY
12.1. MARKET SNAPSHOT & GROWTH ENGINE
12.2. GEOGRAPHIC OVERVIEW
13. EUROPE
13.1. MARKET OVERVIEW
13.2. UPCOMING MARKETS FOR GREEN HYDROGEN IN EUROPE
13.2.1. UK
13.2.2. DENMARK
13.2.3. AUSTRIA
13.2.4. NORWAY
13.3. MARKET SIZE & FORECAST
13.4. TECHNOLOGY
13.4.1. MARKET SIZE & FORECAST
13.5. SOURCE
13.5.1. MARKET SIZE & FORECAST
13.6. END USERS
13.6.1. MARKET SIZE & FORECAST
13.7. KEY COUNTRIES
13.7.1. GERMANY: MARKET SIZE & FORECAST
13.7.2. SPAIN: MARKET SIZE & FORECAST
13.7.3. FRANCE: MARKET SIZE & FORECAST
13.7.4. PORTUGAL: MARKET SIZE & FORECAST
13.7.5. ITALY: MARKET SIZE & FORECAST
14. APAC
14.1. MARKET OVERVIEW
14.2. MARKET SIZE & FORECAST
14.3. TECHNOLOGY
14.3.1. MARKET SIZE & FORECAST
14.4. SOURCE
14.4.1. MARKET SIZE & FORECAST
14.5. END USERS
14.5.1. MARKET SIZE & FORECAST
14.6. KEY COUNTRIES
14.6.1. CHINA: MARKET SIZE & FORECAST
14.6.2. INDIA: MARKET SIZE & FORECAST
14.6.3. AUSTRALIA: MARKET SIZE & FORECAST
14.6.4. JAPAN: MARKET SIZE & FORECAST
14.6.5. SOUTH KOREA: MARKET SIZE & FORECAST
15. NORTH AMERICA
15.1. MARKET OVERVIEW
15.2. MARKET SIZE & FORECAST
15.3. TECHNOLOGY
15.3.1. MARKET SIZE & FORECAST
15.4. SOURCE
15.4.1. MARKET SIZE & FORECAST
15.5. END USERS
15.5.1. MARKET SIZE & FORECAST
15.6. KEY COUNTRIES
15.6.1. US: MARKET SIZE & FORECAST
15.6.2. CANADA: MARKET SIZE & FORECAST
16. MIDDLE EAST & AFRICA
16.1. MARKET OVERVIEW
16.2. UPCOMING MARKETS FOR GREEN HYDROGEN IN THE MIDDLE EAST & AFRICA
16.2.1. OMAN
16.3. MARKET SIZE & FORECAST
16.4. TECHNOLOGY
16.4.1. MARKET SIZE & FORECAST
16.5. SOURCE
16.5.1. MARKET SIZE & FORECAST
16.6. END USERS
16.6.1. MARKET SIZE & FORECAST
16.7. KEY COUNTRIES
16.7.1. EGYPT: MARKET SIZE & FORECAST
16.7.2. MOROCCO: MARKET SIZE & FORECAST
16.7.3. SOUTH AFRICA: MARKET SIZE & FORECAST
16.7.4. SAUDI ARABIA: MARKET SIZE & FORECAST
16.7.5. UAE: MARKET SIZE & FORECAST
17. LATIN AMERICA
17.1. MARKET OVERVIEW
17.2. MARKET SIZE & FORECAST
17.3. TECHNOLOGY
17.3.1. MARKET SIZE & FORECAST
17.4. SOURCE
17.4.1. MARKET SIZE & FORECAST
17.5. END USERS
17.5.1. MARKET SIZE & FORECAST
17.6. KEY COUNTRIES
17.6.1. CHILE: MARKET SIZE & FORECAST
17.6.2. BRAZIL: MARKET SIZE & FORECAST
17.6.3. MEXICO: MARKET SIZE & FORECAST
17.6.4. ARGENTINA: MARKET SIZE & FORECAST
18. COMPETITIVE LANDSCAPE
18.1. COMPETITION OVERVIEW
18.2. RECENT PARTNERSHIPS & DEVELOPMENTS
19. KEY COMPANY PROFILES
19.1. NEL
19.1.1. BUSINESS OVERVIEW
19.1.2. PRODUCT OFFERINGS
19.1.3. KEY STRATEGIES
19.1.4. KEY STRENGTHS
19.1.5. KEY OPPORTUNITIES
19.2. ITM POWER
19.2.1. BUSINESS OVERVIEW
19.1.1. PRODUCT OFFERINGS
19.1.2. KEY STRATEGIES
19.1.3. KEY STRENGTHS
19.1.4. KEY OPPORTUNITIES
19.3. ENGIE
19.3.1. BUSINESS OVERVIEW
19.3.2. PRODUCT OFFERINGS
19.3.3. KEY STRATEGIES
19.3.4. KEY STRENGTHS
19.3.5. KEY OPPORTUNITIES
19.4. SIEMENS ENERGY
19.4.1. BUSINESS OVERVIEW
19.4.2. PRODUCT OFFERINGS
19.4.3. KEY STRATEGIES
19.4.4. KEY STRENGTHS
19.4.5. KEY OPPORTUNITIES
19.5. AIR PRODUCTS AND CHEMICALS
19.5.1. BUSINESS OVERVIEW
19.5.2. PRODUCT OFFERINGS
19.5.3. KEY STRATEGIES
19.5.4. KEY STRENGTHS
19.5.5. KEY OPPORTUNITIES
20. OTHER PROMINENT VENDORS
20.1. MCPHY ENERGY
20.1.1. BUSINESS OVERVIEW
20.1.2. PRODUCT OFFERINGS
20.2. LOOP ENERGY
20.2.1. BUSINESS OVERVIEW
20.2.2. PRODUCT OFFERINGS
20.3. MESSER
20.3.1. BUSINESS OVERVIEW
20.3.2. PRODUCT OFFERINGS
20.4. ELCOGEN
20.4.1. BUSINESS OVERVIEW
20.1.1. PRODUCT OFFERINGS
20.5. LONGI
20.5.1. BUSINESS OVERVIEW
20.5.2. PRODUCT OFFERINGS
20.6. JOHN COCKERILL
20.6.1. BUSINESS OVERVIEW
20.6.2. PRODUCT OFFERINGS
20.7. PLUG POWER
20.7.1. BUSINESS OVERVIEW
20.7.2. PRODUCT OFFERINGS
20.8. CUMMINS
20.8.1. BUSINESS OVERVIEW
20.8.2. PRODUCT OFFERINGS
20.9. GENVIA
20.9.1. BUSINESS OVERVIEW
20.9.2. PRODUCT OFFERINGS
20.10. AIR LIQUIDE
20.10.1. BUSINESS OVERVIEW
20.10.2. PRODUCT OFFERINGS
20.11. LINDE
20.11.1. BUSINESS OVERVIEW
20.11.2. PRODUCT OFFERINGS
20.12. BLOOM ENERGY
20.12.1. BUSINESS OVERVIEW
20.12.2. PRODUCT OFFERINGS
20.13. UNIPER
20.13.1. BUSINESS OVERVIEW
20.13.2. PRODUCT OFFERINGS
20.14. FUELCELL ENERGY
20.14.1. BUSINESS OVERVIEW
20.14.2. PRODUCT OFFERINGS
20.15. TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION
20.15.1. BUSINESS OVERVIEW
20.15.2. PRODUCT OFFERINGS
20.16. FUSION-FUEL
20.16.1. BUSINESS OVERVIEW
20.16.2. PRODUCT OFFERINGS
20.17. THYSSENKRUPP AG
20.17.1. BUSINESS OVERVIEW
20.17.2. PRODUCT OFFERINGS
20.18. ENAPTER
20.18.1. BUSINESS OVERVIEW
20.18.2. PRODUCT OFFERINGS
20.19. ORSTED
20.19.1. BUSINESS OVERVIEW
20.19.2. PRODUCT OFFERINGS
20.20. HYDROGENPRO
20.20.1. BUSINESS OVERVIEW
20.20.2. PRODUCT OFFERINGS
20.21. TOPSOE
20.21.1. BUSINESS OVERVIEW
20.21.2. PRODUCT OFFERINGS
20.22. SUNFIRE
20.22.1. BUSINESS OVERVIEW
20.22.2. PRODUCT OFFERINGS
20.23. H2 GREEN
20.23.1. BUSINESS OVERVIEW
20.23.2. PRODUCT OFFERINGS
20.24. NTPC REL
20.24.1. BUSINESS OVERVIEW
20.24.2. PRODUCT OFFERINGS
20.25. GREEN HYDROGEN SYSTEMS
20.25.1. BUSINESS OVERVIEW
20.25.2. PRODUCT OFFERINGS
20.26. LHYFE
20.26.1. BUSINESS OVERVIEW
20.26.2. PRODUCT OFFERINGS
20.27. IBERDROLA
20.27.1. BUSINESS OVERVIEW
20.27.2. PRODUCT OFFERINGS
20.28. ENEL GREEN POWER
20.28.1. BUSINESS OVERVIEW
20.28.2. PRODUCT OFFERINGS
20.29. BEIJING SINOHY ENERGY
20.29.1. BUSINESS OVERVIEW
20.29.2. PRODUCT OFFERINGS
20.30. GUOFUHEE
20.30.1. BUSINESS OVERVIEW
20.30.2. PRODUCT OFFERINGS
20.31. SUNGROW POWER SUPPLY
20.31.1. BUSINESS OVERVIEW
20.31.2. PRODUCT OFFERINGS
20.32. SHANDONG AUYAN NEW ENERGY TECHNOLOGY
20.32.1. BUSINESS OVERVIEW
20.32.2. PRODUCT OFFERINGS
20.33. PURIFICATION EQUIPMENT RESEARCH INSTITUTE OF CSIC
20.33.1. BUSINESS OVERVIEW
20.33.2. PRODUCT OFFERINGS
20.34. KOHODO HYDROGEN ENERGY
20.34.1. BUSINESS OVERVIEW
20.34.2. PRODUCT OFFERINGS
20.35. OHMIUM
20.35.1. BUSINESS OVERVIEW
20.35.2. PRODUCT OFFERINGS
21. REPORT SUMMARY
21.1. KEY TAKEAWAYS
21.2. STRATEGIC RECOMMENDATIONS
22. QUANTITATIVE SUMMARY
22.1. MARKET BY GEOGRAPHY
22.2. MARKET BY TECHNOLOGY
22.3. MARKET BY SOURCE
22.4. MARKET BY END-USERS
22.5. EUROPE
22.5.1. TECHNOLOGY: MARKET SIZE & FORECAST
22.5.2. SOURCE: MARKET SIZE & FORECAST
22.5.3. END-USERS: MARKET SIZE & FORECAST
22.6. APAC
22.6.1. TECHNOLOGY: MARKET SIZE & FORECAST
22.6.2. SOURCE: MARKET SIZE & FORECAST
22.6.3. END-USERS: MARKET SIZE & FORECAST
22.7. NORTH AMERICA
22.7.1. TECHNOLOGY: MARKET SIZE & FORECAST
22.7.2. SOURCE: MARKET SIZE & FORECAST
22.7.3. END-USERS: MARKET SIZE & FORECAST
22.8. LATIN AMERICA
22.8.1. TECHNOLOGY: MARKET SIZE & FORECAST
22.8.2. SOURCE: MARKET SIZE & FORECAST
22.8.3. END-USERS: MARKET SIZE & FORECAST
22.9. MIDDLE EAST & AFRICA
22.9.1. TECHNOLOGY: MARKET SIZE & FORECAST
22.9.2. SOURCE: MARKET SIZE & FORECAST
22.9.3. END-USERS: MARKET SIZE & FORECAST
23. APPENDIX
23.1. RESEARCH METHODOLOGY
23.2. RESEARCH PROCESS
23.3. REPORT ASSUMPTIONS & CAVEATS
23.3.1. KEY CAVEATS
23.3.2. CURRENCY CONVERSION
23.4. ABBREVIATIONS
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