The market is driven by rising industrialization, increasing use of green hydrogen in the mobility industry, and sustainable energy source
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The green hydrogen market is forecasted to grow by USD 46.24 billion during 2023-2028, accelerating at a CAGR of 66.83% during the forecast period. The report on the green hydrogen market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of clean fuel, growing adoption of fuel cell-powered vehicles, and increasing focus on decarbonization.
The green hydrogen market is segmented as below:
By End-user
- Chemical
- Power
- Industrial
- Others
By Technology
- Alkaline electrolyzer
- Polymer electrolyte membrane (PEM) electrolyzer
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the green hydrogen market covers the following areas:
- Green hydrogen market sizing
- Green hydrogen market forecast
- Green hydrogen market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the green hydrogen market: ACWA Power International, Air Liquide SA, Air Products and Chemicals Inc., Ballard Power Systems Inc., Bloom Energy Corp., Ceres Power Holdings PLC, Cummins Inc., ERGOSUP, Green Hydrogen Systems, Guangdong Nation Synergy Hydrogen Power Technologies Co Ltd., Indian Oil Corp. Ltd., Jindal Steel and Power Ltd., Larsen and Toubro Ltd., Linde PLC, Loop Energy Inc., Nel ASA, Nikola Corp., Plug Power Inc., Siemens Energy AG, and Solena Group.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing focus on using clean hydrogen in refineries."
According to the report, one of the major drivers for this market is the growing adoption of clean fuel.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ACWA Power International
- Air Liquide SA
- Air Products and Chemicals Inc.
- Ballard Power Systems Inc.
- Bloom Energy Corp.
- Ceres Power Holdings plc
- Cummins Inc.
- ERGOSUP
- Green Hydrogen Systems
- Guangdong Nation Synergy Hydrogen Power Technologies Co Ltd.
- Indian Oil Corp. Ltd.
- Jindal Steel and Power Ltd.
- Larsen and Toubro Ltd.
- Linde Plc
- Loop Energy Inc.
- Nel ASA
- Nikola Corp.
- Plug Power Inc.
- Siemens Energy AG
- Solena Group
