Green Hydrogen Market by Technology (Alkaline and PEM), Renewable source (Wind, Solar),End-use Industry (Mobility, Power, Chemical, Industrial, Grid Injection) and Region (North America, Europe, APAC, MEA, & Latin America)
2. Scope of The Report
By Technology
The research report categorizes the Green Hydrogen Market to forecast the revenues and analys
e the trends in each of the following subsegments :
• Alkaline
• PEM
And More…
• Wind
• Solar
By Renewable Source By End-use Industry
• Mobility
• Power
• Chemical
• Industrial
• Grid Injection
3. Key Segments & Report Highlights
The mobility end-use industry accounted for the largest market share in the g
lobal green hydrogen market during the forecast period in terms of value and
volume.
Alkaline electrolyzer-based green hydrogen comprises a major share of th
e green hydrogen market in terms of value.
The wind powered green hydrogen accounts for the largest market s
hare in the global green hydrogen market during the forecasted perio
d in terms of value and volume
Europe is expected to account for the largest share in the green hyd
rogen market during the forecast period.
The global green hydrogen market size is projected to reach USD 4,3
73 million by 2026, registering a CAGR of 58.0% from 2021 to 2026.
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4. Market Growth Rate
Green Hydrogen Market Dynamics -
• Impact of COVID-19 on global green hydrogen market
• Driver for global green hydrogen market
• Increasing use of green hydrogen in the mobility industry
• Restraint for global green hydrogen market
• High initial cost in establishing green hydrogen plant is a major market restraint
• Opportunity for global green hydrogen market
• Increasing investments by the government in establishing green hydrogen ecosystems
• Challenge for global green hydrogen market
• Lack of transportation infrastructure
2026
Market Size of
$444 Million
Market Size of
$4373 Million
2021
6. Key Vendors
• Linde (Ireland)
• Guangdong Synergy Hydrogen Power Technology
(China)
• Siemens (Germany)
• H&R Olwerke Schindler (Germany)
• Cummins and Enbridge Gas (Canada)
• Wind to Gas Energy GmbH & Co. KG (Germany)
• Toshiba (Japan), and Nel (Norway)
Vendors in Green Hydrogen Market Industry
View Report Here - https://www.marketsandmarkets.com/Market-Reports/green-
hydrogen-market-92444177.html
8. Recent Developments in Green Hydrogen Market Industry
• In October 2020, Guangdong Nation-Synergy Hydrogen Power Technology Co., Ltd. Launched a new
fuel cell stack with upgradation on its existing portfolio. In addition, the multi-dimensional integrated de
sign of the stack, the ultra-thin flexible graphite plate technology, and ultra-thin CCM technology are ad
opted.
• In May 2019, Nel ASA launched the M Series containerized Proton PEM electrolyzer. The containerize
d version of the M Series was delivered in standard 1 and 2 MW (200 and 400 Nm3/hr) configurations.
Scaling up from the 1 MW platform to the 2 MW platform and allowing multiple units to be integrated e
asily in the field was a key consideration during the development. With this new product, the company
wanted to meet the demands of the market.
9. Research Coverage
This report covers the global green hydrogen market and forecasts the market size until 202
6. It includes the following market segmentation-By Technology (Alkaline Electrolysis and PE
M Electrolysis), By Renewable source (Wind Energy, Solar Energy and Others), By End-Use
Industries (Mobility, Chemical, Power, Grid Injection, Industrial and Others) and Region (Nort
h America, Europe, APAC, MEA, Latin America) - Global Forecast to 2026. Porter’s Five For
ces Analysis, along with the drivers, restraints, opportunities, and challenges, have been dis
cussed in the report. It also provides company profiles and competitive strategies adopted b
y the major players in the global green hydrogen market.
10. Key Benefits of Buying the Report
The report is expected to help market leaders/new entrants in this market in the following ways:
1. This report segments the global green hydrogen market comprehensively. It provides the closest appro
ximations of the revenues for the overall market and the sub-segments across different verticals and regi
ons.
2. The report helps stakeholders understand the pulse of the green hydrogen market and provides them
with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better thei
r position in their businesses. The competitive landscape section includes the competitor ecosystem, ne
w product development, expansion, and acquisition.
11. Reasons to buy the Green Hydrogen Market Report
The report will help leaders/new entrants in this market by providing them with the closest a
pproximations of the revenues for the overall green hydrogen market and the sub-segments
. This report will help stakeholders to understand the competitive landscape and gain more i
nsights and position their businesses and market strategies in a better way.
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