As per Cognitive Market Research's latest published report, the Global Green Hydrogen market size was $687.21 Million in 2022 and it is forecasted to reach $8,120.78 Million by 2030. Green Hydrogen Industry's Compound Annual Growth Rate will be 62.63% from 2023 to 2030.

1. GREEN HYDROGEN
MARKET REPORT

2. INTRODUCTION
GREEN HYDROGEN
A significant amount of hydrogen is produced from fossil fuels,
but it is also possible to create it through electrolysis using
renewable energy sources.

3. KEY INSIGHTS
MARKET SIZE (2023 )
$687.21 MILLION
FORECAST (2030)
$8,120.78 MILLON
CAGR (2023-2023)
62.6%

4. REVENUE MARKET SHARE BY SEGMENTS
2022
ALKALINE WATER ELECTROLYSER-
69.7%
WIND-
35.5%
TRANSPORT
46.3%
TECHNOLOGY SOURCE APPLICATION

5. GLOBAL GREEN HYDROGEN MARKET REVENUE SHARE FOR 2022
EUROPE
47.3%
EUROPE HELD HIGHEST POSITION IN GREEN HYDROGEN MARKET AS MAJOR PLAYERS HAVE THEIR PRESENCE IN
EUROPE. FOR INSTANCE, MAJOR PLAYERS LIKE SIEMENS GAMESA RENEWABLE ENERGY, S.A., NEL ASA, LINDE,
AMONG OTHERS ARE ACTIVELY PRESENT IN EUROPEAN COUNTRIES.

6. DRIVERS RESTRAINTS
High need for achieving
deep decarbonization is
driving the growth of green
hydrogen market across the
globe
High cost of installation

7. AUTHOR'S PERSPECTIVE
By type, Alkaline Water Electrolyser was the largest segment of Green
Hydrogen Market in 2022
Among All the Applications Transport was the leading segment of Green
Hydrogen market in 2022
In terms of revenue, Wind was the leading Source with 35.47% share of total
Green Hydrogen market.
Europe Green Hydrogen Market dominates overall market.

8. KEY PLAYERS

9. For Full Report
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