Global Green Hydrogen Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032
The Global Green Hydrogen Market is segmented based on Technology (Alkaline Electrolysis, Proton Exchange Membrane [PEM] Electrolysis, Solid Oxide Electrolysis, Others), by Renewable Source (Solar Energy, Wind Energy, Hydropower, Others), by Application (Power Generation, Transportation, Industrial Energy, Chemical Feedstock, Others), by End-User (Power Utilities, Oil & Gas, Chemical Industry, Transportation Sector, Others)
Market Overview
In 2024, the global green hydrogen market was worth around USD XX billion, and it’s expected to grow steadily between 2025 and 2030. This strong growth is mainly driven by the worldwide push to cut carbon emissions, rising investments in renewable energy, and supportive policies from governments. On top of that, better electrolysis technology, a rising need for clean fuel in industries, and more uses of green hydrogen in areas like energy, transport, and chemicals are all helping the market grow.
Green hydrogen is hydrogen gas which is made by renewable energy sources by the process of electrolysis. This include using renewable electricity to decompose water into hydrogen and oxygen with zero carbon emission. Green hydrogen is key in cutting carbon emissions in areas like power generation, transportation, and heavy industry. It can be stored, transported, and used in fuel cells or for heating, offering flexibility in how energy is supplied. As the world moves toward cleaner energy and countries work toward net-zero emissions, green hydrogen is becoming an essential part of the transition to a cleaner future.
The global green hydrogen market is growing fast as the world looks for cleaner and more sustainable energy options. Governments across the globe are also pushing for lower carbon emissions, which is helping drive this change. Green hydrogen is made by using renewable energy, like wind or solar, to split water into hydrogen and oxygen. This method does not produce carbon dioxide, making it a cleaner choice compared to fossil fuels. As climate change becomes a bigger concern and countries work toward net-zero emissions, green hydrogen is becoming more popular in areas like power generation, heavy industries, and transportation. Countries such as Germany, Japan, Australia, and India have already introduced plans to support hydrogen energy and are investing in related technologies and infrastructure. New improvements in how hydrogen is made—especially using methods like PEM and solid oxide electrolysis—are helping reduce costs and improve efficiency. Projects that combine renewable energy with hydrogen production, like solar or wind farms with built-in electrolyzes, are also on the rise. There’s also a growing interest in using green hydrogen for transport, especially for fuel-cell vehicles, ships, and airplanes. Big industries are beginning to use it to reduce emissions in things like making ammonia and steel. Moreover, Partnerships between governments, energy firms, and tech companies with more research and testing are increasing the development of green hydrogen.
Green Hydrogen Market Trends
Decarbonization Goals and Technological Innovation Fuel Green Hydrogen Expansion
Green hydrogen is quickly gaining ground worldwide as countries commit to cutting carbon emissions and shifting toward cleaner energy. With advances in electrolyze technology and the growing use of renewable power, green hydrogen is becoming a key part of the move toward a low-carbon future.
One of the major problems in the industries that are hard to decarbonize, like steel, ammonia and long-distance travel. It can be resolve by replacing the fossil fuels without producing harmful emission for this both the government and big firms are investing in it.
The development of large renewable energy projects combined with electrolysis is helping bring down the cost of hydrogen production. Many governments are also offering support through incentives and policies to push its use in things like power systems and transportation.
New technologies like automation, AI-based grid management, and better electrolyzes (like PEM and solid oxide types) are making it easier and cheaper to produce and use green hydrogen on a large scale. Partnerships between energy companies, manufacturers, and tech providers are also speeding up progress
Green Hydrogen Market Dynamics
Drivers
Global Push for Carbon Neutrality and Clean Energy
As concerns about climate change grow, countries worldwide are setting bold goals to reach carbon neutrality. Green hydrogen is emerging as a crucial solution for reducing emissions in industries like steel, cement, and transportation, which are tough to electrify. Governments are offering incentives and creating supportive regulations to encourage the use of green hydrogen, helping to drive market growth.
Technological Breakthroughs in Electrolysis and Production Efficiency
New advancements in electrolyze technology, especially Proton Exchange Membrane (PEM) and Solid Oxide Electrolysis, are making hydrogen production more cost-effective and efficient. The development of larger, cheaper electrolyzes is helping green hydrogen compete with traditional hydrogen made from fossil fuels (grey hydrogen), speeding up its use in industries and energy sectors.
Restraints/ Challenges
High Production and Infrastructure Costs
One of the biggest hurdles for green hydrogen is its high production cost. Electrolyzes, especially those using PEM and solid oxide technologies, are expensive to make and maintain. On top of that, building large renewable energy projects like wind and solar farms takes a lot of investment. The high costs of green hydrogen restricting its adoption worldwide, especially in developing countries.
Storage, Distribution, and Transportation Challenges
Hydrogen is a low-density gas, so it needs special systems for storage and transport. The infrastructure for hydrogen, like pipelines, compression stations, and storage units, isn’t as developed as it is for other fuels. The process of liquefying or compressing hydrogen also takes a lot of energy, which adds to costs and creates challenges for getting it distributed and used globally
Opportunities
New Industrial Uses for Cutting Emissions
Green hydrogen is becoming a go-to option for cutting emissions in tough-to-decarbonize industries like steel, cement, and chemicals. By swapping out fossil fuels for hydrogen, these sectors can lower their carbon output in a big way. With growing pressure to be eco-friendlier and meet emission rules, more companies are turning to green hydrogen, opening major opportunities for growth.
Growing Markets and Strong Government Backing
Areas like Asia-Pacific, Latin America, and the Middle East are the important players in the green hydrogen space. Countries like China, India, and Saudi Arabia are investing into renewable energy and hydrogen infrastructure. Many governmental organizations are helping new hydrogen projects and research This strong support is helping these regions build up their green hydrogen markets fast, creating lots of chances for businesses to get involved.
Global Green Hydrogen Market Scope
By Technology
- Proton Exchange Membrane (PEM) Electrolyzer
- Alkaline Electrolyzer
- Solid Oxide Electrolyzer (SOE)
- Others
By Renewable Energy Source
- Solar Energy
- Wind Energy
- Hydropower
- Others
By Application
- Power Generation
- Transportation
- Industrial Energy
- Chemical Feedstock
- Others
By End-User
- Oil & Gas
- Power Utilities
- Chemical Industry
- Transportation & Mobility
- Others
North America
North America is becoming a key region in the green hydrogen space, thanks to rising investments in clean energy and strong government efforts to cut carbon emissions. The U.S. is leading the charge with supportive policies like the Inflation Reduction Act, which gives tax breaks for producing green hydrogen. Many large projects are already in progress, especially in states rich in wind and solar energy. Meanwhile, Canada is focusing on exporting hydrogen to Europe and Asia, adding to the region’s growth.
Asia-Pacific
Asia-Pacific is the fastest-growing region for green hydrogen, fuelled by strong government support, net-zero goals, and detailed hydrogen strategies in countries like Japan, China, South Korea, and India. Japan and South Korea are using green hydrogen mainly for transport and power, while China is heavily investing in making electrolysers and launching pilot projects. With solid wind and solar infrastructure, lower production costs, and a growing need to cut emissions in industries like steel and ammonia, the region is quickly becoming a global hub for green hydrogen.
Green Hydrogen Market Share
The competitive landscape of the market outlines insights by rival companies, including their profile, financial performance, revenue streams, growth opportunities, R&D investments, expansion strategies, international footprint, manufacturing locations, production capabilities, and key strengths and weaknesses. The mentioned data points specifically pertain to the company’s market-related focus.
- Air Liquide
- Siemens Energy
- Plug Power Inc.
- Nel ASA
- ITM Power
- Linde plc
- Cummins Inc.
- Engie SA
- Ballard Power Systems
- Bloom Energy
Latest Developments in Green Hydrogen Market
On 11 March 2025, Nel ASA signed an EPC collaboration agreement with SAMSUNG E&A, enabling the Korean firm to build complete hydrogen plants using Nel’s electrolyzes. SAMSUNG E&A also acquired a 9.1% stake, becoming Nel’s largest shareholder.
On 25 July 2024, Siemens Energy secured a contract from German utility EWE to supply a 280 MW electrolysis system in Emden, Germany. The project, set for 2027 launch, will produce 26,000 tons of green hydrogen annually, cutting CO₂ emissions by up to 800,000 tons.
On 11 July 2024, Macquarie Asset Management and ENGIE announced a partnership to expand the Mayakan natural gas pipeline in Mexico, spanning over 700 kilometers across Chiapas, Tabasco, Campeche, and Yucatán. This project aims to double natural gas capacity, powering CFE’s combined-cycle plants and reducing 7.4 million tons of CO2 emissions annually.
On 8 November 2023, Siemens Energy and Air Liquide inaugurated a new gigawatt electrolyze factory in Berlin, aiming to scale green hydrogen production. The facility targets 1 GW annual capacity expected to grow to 3 GW by 2025.
Report Scope and Green Hydrogen Market Segmentation
Attributes : Green Hydrogen Market Key Market Insights
Segments Covered :
• By Technology: Alkaline Electrolysis, Proton Exchange Membrane [PEM] Electrolysis, Solid Oxide Electrolysis, Others
• By Renewable Source: Solar Energy, Wind Energy, Hydropower, Others
• By Application: Power Generation, Transportation, Industrial Energy, Chemical Feedstock, Others
• By End-User: Power Utilities, Oil & Gas, Chemical Industry, Transportation Sector, Others
Countries Covered : U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Key Market Players :Air Liquide, Siemens Energy, Plug Power Inc., Nel ASA, ITM Power, Linde plc, Cummins Inc., Engie SA, Ballard Power Systems, Bloom Energy
Market Opportunities :
- Growing Emphasis on Carbon Neutrality and Net-Zero Targets.
- Rising Adoption of Green Hydrogen in Industrial Decarbonization.
Table of Content
1. Strategic Imperatives
1.1. Global Green Hydrogen: Comparison by segments
2. Market Introduction
2.1. Market Definition
2.2. Report Scope and Segment Coverage
2.2.1. Scope of the Report
2.2.2. List of Assumptions
2.3. List of Regions and Countries Covered in the Scope of the Study
2.4. Key Benefits for Stakeholders
3. Predictions by Market Square Insights
3.1. Top Investment Pockets
3.1.1. Market Attractiveness Analysis, by Technology
3.1.2. Market Attractiveness Analysis, by Renewable Energy Source
3.1.3. Market Attractiveness Analysis, by Application
3.1.4. Market Attractiveness Analysis, by End-User
4. Research Methodology
4.1. Methodology/Research Approach
4.1.1. Research Programs/ Design
4.1.2. Market Size Estimation
4.2. Data Renewable Energy Source
4.2.1. Secondary Renewable Energy Sources
4.2.1.1. Preliminary data mining
4.2.2. Primary Renewable Energy Sources
4.2.3. Statistical model
4.2.4. Data Triangulation
4.2.5. Report Objectives
5. Market Outlook
5.1. Introduction
5.2. Market Dynamics Analysis
5.2.1. Market drivers
5.2.1.1. Driver 1
5.2.1.2. Driver 2
5.2.1.3. Impact Analysis of Market Drivers
5.2.2. Market restraints
5.2.2.1. Restraints 1
5.2.2.2. Restraints 2
5.2.2.3. Impact Analysis of Market Restraints
5.2.3. Market opportunities
5.2.3.1. Opportunities 1
5.2.3.2. Opportunities 2
5.2.3.3. Impact Analysis of Market Opportunity
5.2.4. Market Challenges
5.2.4.1. Challenges 1
5.2.4.2. Challenges 2
5.2.4.3. Impact Analysis of Market Challenges
5.3. Porter’s Five Forces’ analysis
5.3.1.1. Bargaining Power of Suppliers
5.3.1.2. Bargaining Power of Buyers
5.3.1.3. Threat of New Entrant
5.3.1.4. Threat of Substitutes
5.3.1.5. Competitive Rivalry
5.4. PESTEL analysis
5.5. Value Chain Analysis
5.6. Supply Chain Analysis
6. Global Green Hydrogen Market Overview, By Technology
6.1. Introduction
6.2. Global Green Hydrogen Market Share Revenue, By Technology, 2022-2034 (USD billion)
6.3. Global Green Hydrogen Market Share, By Technology, 2024 and 2034 (%)
6.4. Proton Exchange Membrane (PEM) Electrolyzer
6.4.1. Introduction
6.5. Alkaline Electrolyzer
6.5.1. Introduction
6.6. Solid Oxide Electrolyzer (SOE)
6.6.1. Introduction
6.7. Others
6.7.1. Introduction
7. Global Green Hydrogen Market, By Renewable Energy Source
7.1. Introduction
7.2. Global Green Hydrogen Market Share, By Renewable Energy Source, 2022 – 2034 (USD billion)
7.3. Global Green Hydrogen Market Share, By Renewable Energy Source, 2024 and 2034 (%)
7.4. Solar Energy
7.4.1. Introduction
7.5. Wind Energy
7.5.1. Introduction
7.6. Hydropower
7.6.1. Introduction
7.7. Others
7.7.1. Introduction
8. Global Green Hydrogen Market, By Application
8.1. Introduction
8.2. Global Green Hydrogen Market Share, By Application, 2022 – 2034 (USD billion)
8.3. Global Green Hydrogen Market Share, By Application, 2024 and 2034 (%)
8.4. Power Generation
8.4.1. Introduction
8.5. Transportation
8.5.1. Introduction
8.6. Industrial Energy
8.6.1. Introduction
8.7. Chemical Feedstock
8.7.1. Introduction
8.8. Others
8.8.1. Introduction
9. Global Green Hydrogen Market, By End-User
9.1. Introduction
9.2. Global Green Hydrogen Market Share, By End-User, 2022 – 2034 (USD billion)
9.3. Global Green Hydrogen Market Share, By End-User, 2024 and 2034 (%)
9.4. Oil & Gas
9.4.1. Introduction
9.5. Power Utilities
9.5.1. Introduction
9.6. Chemical Industry
9.6.1. Introduction
9.7. Transportation & Mobility
9.7.1. Introduction
9.8. Others
9.8.1. Introduction
10. Global Green Hydrogen Market Overview, By Geography
10.1. Global Green Hydrogen Market Share Revenue, by Regions, 2022-2034 (USD billion)
10.2. Global Green Hydrogen Market Share, By Regions 2024 and 2034 (%)
11. North America Green Hydrogen Market Overview, By Countries
11.1. Introduction
11.2. North America Green Hydrogen Market Overview, 2022 – 2034
11.3. Market size and projections, 2022 – 2034 (USD billion)
11.4. North America Green Hydrogen Market Overview, By Country, 2022–2034 (USD billion)
11.5. North America Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
11.6. North America Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
11.7. North America Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
11.8. North America Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
11.9. US
11.10. US Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
11.11. US Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
11.12. US Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
11.13. US Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
11.14. Canada
11.15. Canada Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
11.16. Canada Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
11.17. Canada Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
11.18. Canada Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
11.19. Mexico
11.20. Mexico Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
11.21. Mexico Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
11.22. Mexico Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
11.23. Mexico Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12. Europe Green Hydrogen Market Overview, By Countries
12.1. Introduction
12.2. Europe Green Hydrogen Market Overview, 2022 – 2034
12.3. Market size and projections, 2022 – 2034 (USD billion)
12.4. Europe Green Hydrogen Market Overview, By Country, 2022–2034 (USD billion)
12.5. Europe Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.6. Europe Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.7. Europe Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.8. Europe Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.9. Germany
12.10. Germany Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.11. Germany Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.12. Germany Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.13. Germany Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.14. France
12.15. France Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.16. France Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.17. France Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.18. France Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.19. UK
12.20. UK Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.21. UK Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.22. UK Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.23. UK Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.24. Netherlands
12.25. Netherlands Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.26. Netherlands Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.27. Netherlands Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.28. Netherlands Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.29. Switzerland
12.30. Switzerland Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.31. Switzerland Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.32. Switzerland Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.33. Switzerland Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.34. Belgium
12.35. Belgium Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.36. Belgium Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.37. Belgium Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.38. Belgium Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.39. Russia
12.40. Russia Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.41. Russia Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.42. Russia Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.43. Russia Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.44. Italy
12.45. Italy Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.46. Italy Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.47. Italy Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.48. Italy Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.49. Spain
12.50. Spain Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.51. Spain Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.52. Spain Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.53. Spain Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
12.54. Rest of Europe
12.55. Rest of Europe Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
12.56. Rest of Europe Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
12.57. Rest of Europe Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
12.58. Rest of Europe Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
13. Asia-Pacific Green Hydrogen Market Overview, By Countries
13.1. Introduction
13.2. Asia-Pacific Green Hydrogen Market Overview, 2022 – 2034
13.3. Market size and projections, 2022 – 2034 (USD billion)
13.4. Asia-Pacific Green Hydrogen Market Overview, By Country, 2022–2034 (USD billion)
13.5. Asia-Pacific Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
13.6. Asia-Pacific Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
13.7. Asia-Pacific Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
13.8. Asia-Pacific Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
13.9. China
13.10. China Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
13.11. China Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
13.12. China Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
13.13. China Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
13.14. Japan
13.15. Japan Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
13.16. Japan Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
13.17. Japan Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
13.18. Japan Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
13.19. India
13.20. India Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
13.21. India Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
13.22. India Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
13.23. India Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
13.24. South Korea
13.25. South Korea Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
13.26. South Korea Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
13.27. South Korea Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
13.28. South Korea Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
13.29. Australia
13.30. Australia Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
13.31. Australia Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
13.32. Australia Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
13.33. Australia Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
13.34. Southeast Asia
13.35. Southeast Asia Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
13.36. Southeast Asia Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
13.37. Southeast Asia Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
13.38. Southeast Asia Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
13.39. Rest of Asia-Pacific
13.40. Rest of Asia-Pacific Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
13.41. Rest of Asia-Pacific Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
13.42. Rest of Asia-Pacific Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
13.43. Rest of Asia-Pacific Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
14. Middle East and Africa Green Hydrogen Market Overview, By Countries
14.1. Introduction
14.2. Middle East and Africa Green Hydrogen Market Overview, 2022 – 2034
14.3. Market size and projections, 2022 – 2034 (USD billion)
14.4. Middle East and Africa Green Hydrogen Market Overview, By Country, 2022–2034 (USD billion)
14.5. Middle East and Africa Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
14.6. Middle East and Africa Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
14.7. Middle East and Africa Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
14.8. Middle East and Africa Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
14.9. Saudi Arabia
14.10. Saudi Arabia Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
14.11. Saudi Arabia Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
14.12. Saudi Arabia Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
14.13. Saudi Arabia Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
14.14. UAE
14.15. UAE Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
14.16. UAE Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
14.17. UAE Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
14.18. UAE Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
14.19. South Africa
14.20. South Africa Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
14.21. South Africa Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
14.22. South Africa Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
14.23. South Africa Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
14.24. Rest of Middle East and Africa
14.25. Rest of Middle East and Africa Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
14.26. Rest of Middle East and Africa Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
14.27. Rest of Middle East and Africa Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
14.28. Rest of Middle East and Africa Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
15. South America Green Hydrogen Market Overview, By Countries
15.1. Introduction
15.2. South America Green Hydrogen Market Overview, 2022 – 2034
15.3. Market size and projections, 2022 – 2034 (USD billion)
15.4. South America Green Hydrogen Market Overview, By Country, 2022–2034 (USD billion)
15.5. South America Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
15.6. South America Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
15.7. South America Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
15.8. South America Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
15.9. Brazil
15.10. Brazil Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
15.11. Brazil Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
15.12. Brazil Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
15.13. Brazil Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
15.14. Argentina
15.15. Argentina Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
15.16. Argentina Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
15.17. Argentina Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
15.18. Argentina Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
15.19. Rest of South America
15.20. Rest of South America Green Hydrogen Market Overview, By Technology, 2022–2034 (USD billion)
15.21. Rest of South America Green Hydrogen Market Overview, By Renewable Energy Source, 2022 – 2034 (USD billion)
15.22. Rest of South America Green Hydrogen Market Overview, By Application, 2022 – 2034 (USD billion)
15.23. Rest of South America Green Hydrogen Market Overview, By End-User, 2022 – 2034 (USD billion)
16. Competitive Landscape
16.1. Competitive Heat Map Analysis
16.2. Company Market Share Analysis – 2024
16.3. Company Financial Analysis
16.4. Key Development Analysis
16.4.1. Partnership/ agreement
16.4.2. Expansion
16.4.3. Mergers & Acquisitions
16.5. Top 3 Strategies Followed by Major Players
17. Company Profiles
17.1. Air Liquide
17.1.1. Company overview
17.1.2. Company Profile
17.1.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.1.4. Key Developments
17.1.5. SWOT Analysis
17.1.6. Strategy Overview
17.2. Siemens Energy
17.2.1. Company overview
17.2.2. Company Profile
17.2.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.2.4. Key Developments
17.2.5. SWOT Analysis
17.2.6. Strategy Overview
17.3. Plug Power Inc.
17.3.1. Company overview
17.3.2. Company Profile
17.3.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.3.4. Key Developments
17.3.5. SWOT Analysis
17.3.6. Strategy Overview
17.4. Nel ASA
17.4.1. Company overview
17.4.2. Company Profile
17.4.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.4.4. Key Developments
17.4.5. SWOT Analysis
17.4.6. Strategy Overview
17.5. ITM Power
17.5.1. Company overview
17.5.2. Company Profile
17.5.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.5.4. Key Developments
17.5.5. SWOT Analysis
17.5.6. Strategy Overview
17.6. Linde plc
17.6.1. Company overview
17.6.2. Company Profile
17.6.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.6.4. Key Developments
17.6.5. SWOT Analysis
17.6.6. Strategy Overview
17.7. Cummins Inc.
17.7.1. Company overview
17.7.2. Company Profile
17.7.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.7.4. Key Developments
17.7.5. SWOT Analysis
17.7.6. Strategy Overview
17.8. Engie SA
17.8.1. Company overview
17.8.2. Company Profile
17.8.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.8.4. Key Developments
17.8.5. SWOT Analysis
17.8.6. Strategy Overview
17.9. Ballard Power Systems
17.9.1. Company overview
17.9.2. Company Profile
17.9.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.9.4. Key Developments
17.9.5. SWOT Analysis
17.9.6. Strategy Overview
17.10. Bloom Energy
17.10.1. Company overview
17.10.2. Company Profile
17.10.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
17.10.4. Key Developments
17.10.5. SWOT Analysis
17.10.6. Strategy Overview
Disclaimer
List of Figures
FIGURE 1 MARKET SEGMENTATION
FIGURE 2 TOP 3 PREDICTIONS BY MARKET SQUARE INSIGHTS
FIGURE 3 MARKET ATTRACTIVENESS ANALYSIS, BY TECHNOLOGY
FIGURE 4 MARKET ATTRACTIVENESS ANALYSIS, BY RENEWABLE ENERGY SOURCE
FIGURE 5 MARKET ATTRACTIVENESS ANALYSIS, BY APPLICATION
FIGURE 6 MARKET ATTRACTIVENESS ANALYSIS, BY END-USER
FIGURE 7 RESEARCH PROGRAMS/DESIGNS
FIGURE 8 DATA TRIANGULATION TECHNIQUES
FIGURE 9 BOTTOM-UP APPROACH
FIGURE 10 MARKET DYNAMICS ANALYSIS
FIGURE 11 BARGAINING POWER OF SUPPLIERS
FIGURE 12 BARGAINING POWER OF BUYERS
FIGURE 13 THREAT OF NEW ENTRANT
FIGURE 14 THREAT OF SUBSTITUTES
FIGURE 15 COMPETITIVE RIVALRY
FIGURE 16 PESTEL ANALYSIS
FIGURE 17 GLOBAL GREEN HYDROGEN MARKET SHARE, BY TECHNOLOGY, 2024 AND 2034 (%)
FIGURE 18 ALKALINE ELECTROLYZER: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 19 PROTON EXCHANGE MEMBRANE (PEM) ELECTROLYZER: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 20 SOLID OXIDE ELECTROLYZER (SOE): GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 21 OTHERS: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 22 GLOBAL GREEN HYDROGEN MARKET SHARE, BY RENEWABLE ENERGY SOURCE, 2024 AND 2034 (%)
FIGURE 23 SOLAR ENERGY: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 24 WIND ENERGY: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 25 HYDROPOWER: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 26 OTHERS: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 27 GLOBAL GREEN HYDROGEN MARKET SHARE, BY APPLICATION, 2024 AND 2034 (%)
FIGURE 28 POWER GENERATION: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 29 TRANSPORTATION: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 30 CHEMICAL FEEDSTOCK: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 31 INDUSTRIAL ENERGY: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 32 OTHERS: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 33 GLOBAL GREEN HYDROGEN MARKET SHARE, BY END-USER, 2024 AND 2034 (%)
FIGURE 34 OIL & GAS: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 35 POWER UTILITIES: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 36 CHEMICAL INDUSTRY: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 37 TRANSPORTATION & MOBILITY: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 38 OTHERS: GLOBAL GREEN HYDROGEN MARKET REVENUE, 2022 – 2034 (USD MILLION)
FIGURE 39 GLOBAL GREEN HYDROGEN MARKET SHARE REVENUE, BY REGIONS (USD BILLION)
FIGURE 40 GLOBAL GREEN HYDROGEN MARKET SHARE, BY REGIONS, 2024 AND 2034 (%)
FIGURE 41 NORTH AMERICA GREEN HYDROGEN MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 42 EUROPE GREEN HYDROGEN MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 43 ASIA PACIFIC GREEN HYDROGEN MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 44 MIDDLE EAST AND AFRICA GREEN HYDROGEN MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 45 SOUTH AMERICA GREEN HYDROGEN MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 46 COMPANY MARKET SHARE ANALYSIS – 2024
FIGURE 47 TOP 3 STRATEGIES FOLLOWED BY MAJOR PLAYERS
FIGURE 48 RECENT FINANCIALS, GEOGRAPHICAL REVENUE MIX, BUSINESS REVENUE MIX
