The global 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.
Due to its capacity to lower carbon emissions, green hydrogen has recently been in great demand. Additionally, it helps to meet the world's rising energy demand. Since it is a renewable energy source, its use is anticipated to rise in the coming years. The global market is anticipated to rise as knowledge of hydrogen's potential as an energy source increases. The industry is also growing as a result of an increase in environmental concerns, which emphasise the need for clean, renewable energy production to lower emission levels. Additionally, the business for green hydrogen is expanding due to increased use of nuclear power and green hydrogen.
The most prevalent element in the universe, hydrogen holds enormous potential for invention. It is a fuel or source of energy that can also be employed as a raw material in the manufacturing sector. Fuel-cell systems are already in use, and electrolysis methods are almost profitable. But in order for hydrogen from power-to-gas facilities to be commercially successful, Germany has committed to creating a legislative climate that is open to new technologies and encourages the widespread use of green hydrogen.
Future energy needs can be significantly reduced by using green hydrogen, which is produced from sustainable resources like solar and wind. The economics of green hydrogen are difficult now, mainly due to the significant disparity in the fundamental costs and supply of renewable energy sources. Recent analysis of the global market for green hydrogen by PwC revealed prospective demand growth, cost trajectories by nation, and the most promising export and import markets. The findings offer direction to industry executives and decision-makers regarding the potential future development of the green hydrogen sector.
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Green Hydrogen Market: Segmentation Analysis
Green Hydrogen Market by Technology:
• Alkaline Electrolyzer
• Solid Oxide Electrolyzer
• Proton Exchange Membrane Electrolyzer
Green Hydrogen Market by Application:
• Power Generation
• Transport
Green Hydrogen Market: End User Industry Segment Analysis
• Food & Beverages
• Medical
• Mobility
• Industrial
• Glass
• Grid Injection
• Petrochemicals
• Power
• Chemical
• Others
Green Hydrogen Market by Renewable Source
• Wind
• Solar
• Others
Top 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
Table of Contents
1. Global Green Hydrogen Market Introduction and Market Overview
2. Global Green Hydrogen Market - Executive Summary
3. Green Hydrogen Market Trends, Outlook, and Factors Analysis
4. Global Green Hydrogen Market: Estimates & Historic Trend Analysis (2018 to 2021)
5. Global Green Hydrogen Market Estimates & Forecast Trend Analysis, by Deployment
6. Global Green Hydrogen Market Estimates & Forecast Trend Analysis, by Component
7. Global Green Hydrogen Market Estimates & Forecast Trend Analysis, by Content Type
8. Global Green Hydrogen Market Estimates & Forecast Trend Analysis, by End Use
9. Global Green Hydrogen Market Analysis and Forecast, by Region
10. North America Green Hydrogen Market: Estimates & Forecast Trend Analysis
11. Europe Green Hydroge Market: Estimates & Forecast Trend Analysis
12. Asia Pacific Green Hydrogen Market: Estimates & Forecast Trend Analysis
13. Middle East & Africa Green Hydrogen Market: Estimates & Forecast Trend Analysis
14. Latin America Green Hydrogen Market: Estimates & Forecast Trend Analysis
15. Competitive Landscape
16. Company Profiles
17. Assumptions and Research Methodology
18. Conclusions and Recommendations
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Frequently Asked Questions
Q1. What are the key factors boosting the green hydrogen market growth?
Q2. Which industry is projected to increase the demand for green hydrogen market?
Q3. How can I get report sample of green hydrogen market?
Q4. Which are the top companies in the green hydrogen industry?
Q5. What will be the market value of green hydrogen in the forecast period 2021 to 2028?
Q6. How can I get statistical data of top market players of green hydrogen market?
Q7. Which segment accounted for the largest green hydrogen market share?
Q8. What is the Main Driver of green hydrogens market
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