Global Green Hydrogen Market Overview
The Green Hydrogen Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering base year as 2021.
Green hydrogen is a highly reactive fuel that is generated by using electrolysis, powered by renewable sources. Electrolysis is the method that uses an electrical current to separate the hydrogen from the oxygen in the water. Green hydrogen produced by the electrolysis of water is less than 0.1% of total hydrogen production. Green hydrogen generated from renewable sources eliminates the risk of carbon dioxide production. It provides energy with significantly lower carbon emissions as compared to other energy sources like coal, and oil. Green hydrogen can be used as a substitute product to remove greenhouse gas emissions from the environment. Green hydrogen provides a versatile, zero-emission fuel for power generation and mobility. The high adoption of green hydrogen aid the global energy transition from fossil fuel to carbon-neutral energy and help to decarbonize sectors that are tough to electrify, such as steel and cement production, which is further useful to limit the climatic changes that occur due to the high carbon emission.
Market Dynamics And Factors For Green Hydrogen Market
Drivers:
Increasing Adoption of Green Hydrogen by Mobility Industry
The mobility industry involves many types of vehicles for the transportation of goods from one place to another. These vehicles are responsible for carbon emissions in the environment which is the most common cause of air pollution. According to Statista, in 2020, 276 million vehicles were registered in the US. Including passenger cars, motorcycles, trucks, buses, and other vehicles. A total of 11 million units of light trucks were sold in the U.S. in the same year. This shows the high adoption rate of the vehicle. Vehicles require a high amount of fossil fuel to perform various tasks; these fuels are responsible for the high emission of carbon into the atmosphere. Mobility industry is developing affordable vehicles that would utilize hydrogen directly in fuel cells or internal combustion engines to control the carbon emission. For instance, Fuel cell electric vehicles (FCEVs) are powered by hydrogen. These vehicles have internal combustion engine vehicles and produce no tailpipe emissions which help to control air pollution. Owing to the ability to carbon emission, there is increasing adoption of zero-emission fuel in the mobility industry which further helps to propel the growth of the green hydrogen market during the forecast period.
Restraints:
High Costs Related to Establishment of a Green Hydrogen Plant and Transportation
The high cost-oriented to build the green hydrogen plant initially is the key factor that hampers the growth of the green hydrogen market. The fixed cost required to establish a production plant is high but the more challenging part is the transportation of green hydrogen which require additional cost. Additionally, the lack of infrastructure to transport and store the hydrogen poses an additional cost. Along with this, there are huge safety issues related to combustion fuel, to maintain the safety standards plant developer have to spend more money. The increasing possible uses for hydrogen are expanding across multiple sectors including power generation, manufacturing processes in industries such as steelmaking and cement production, fuel cells for electric vehicles, and heavy transport, but the cost-oriented to establish hydrogen plants and transport is initially high which restraining the growth of the market.
Opportunity:
Increasing Investment by Government and Private Firms
Government bodies are set to launch their projects regarding green hydrogen to control carbon emissions. For instance, European Commission has been coordinating investments with industry through the Clean Hydrogen Alliance. There’s also a framework enabling cross-border hydrogen projects with the help of more relaxed state aid rules. The Commission invented a public-private partnership to develop hydrogen plants. Moreover, In 2021 The UK announced plans to attract a 4 billion investment to launch a country-wide hydrogen economy. Along with this, the US is funding to bring down clean hydrogen costs by 80% in the coming decade.
Moreover, The Company called Kubagen is working on novel base-metal compounds; these components are used to store hydrogen at room temperature and moderate pressures. Also, this is cheap metal, easy to synthesize, and able to store four times more hydrogen in the same space than current systems, at 75% lesser cost. Germany-based companies Siemens Gas and Power and Uniper SE have announced a joint agreement on implementing projects that produce green hydrogen from renewable energy sources. In 2022, Siemens Energy and Air Liquide formed a joint venture for the production of large-scale renewable hydrogen electrolyzes in Europe. This partnership is enabling a sustainable hydrogen economy in Europe. The increasing investments by government and private firms provide lucrative opportunities for the growth of the market.
Segmentation Analysis Of Green Hydrogen Market
By Technology, the Alkaline Electrolyzer segment dominates the growth of the Green Hydrogen market. Alkaline electrolysis is a widely recognized, most developed, and most common technology for the production of electrolytic hydrogen. This industrial process has been around since the concept of commercial power is emerging at the beginning of the 20th century. Most of the hydrogen produced through electrolysis originates from the employment of alkaline electrolyzers. The alkaline electrolyzer uses a liquid alkaline solution of potassium or sodium hydroxide as its electrolyte and it has higher operating hours as compared to PEM electrolyzers. Furthermore, alkaline electrolyzes are expected to witness growth owing to the high availability at a lower cost as compared to PEM electrolyzers. For instance, In December 2021, ABB signed an order with HydrogenPro, a hydrogen plant company, to provide electrical equipment for the world’s largest single stack high-pressure alkaline electrolyzer system.
By Application, the Transport segment holds the maximum share of the Green Hydrogen market. In transportation, hydrogen is used to generate energy in internal combustion engines. The internal combustion engine fueled by gasoline is two to three times less efficient than the hydrogen fuel cell. The transportation sector is responsible for 29% of emissions of greenhouse gases which are further contributing to climate change in the world. According to the report published Energy Efficiency and Renewable Energy department, in 2022, heavy-duty trucks are responsible for more than 20% of transportation emissions and are the largest contributor to mobile nitrogen-oxide emissions in the United States. Green Hydrogen is used to feed into a fuel cell, and power vehicles without releasing any harmful emissions. In the U.S. fuel, there are more than 12,000 hydrogen fuel cell-powered vehicles and approximately 70 buses on the road. To fulfill the needs the U.S. has 50 fuel stations that continuously provide hydrogen. The extensive use of green hydrogen as a fuel in the transport sector helps to support the growth of the market during the projected period.
Regional Analysis Of Green Hydrogen Market
Europe dominates the market growth of green hydrogen and is expected to continue its dominance over the forecasted period. Europe is considered a prominent market owing to the adoption of green hydrogen by major automotive manufacturers in the region. The Europe region consists of key automotive manufacturers such as Porsche, Ducati, BMW, and Audi. These are focusing on the development of manufacturing lightweight, fuel-efficient car engines. Moreover, The Global Fuel Economy (GFEI) Initiative promotes the introduction of cleaner, more energy-efficient vehicles in developing and transitional countries. The GFEI aims to help stabilize greenhouse gas emissions from the global light-duty vehicle fleet through a 50% improvement of vehicle fuel efficiency worldwide by 2050. The European Union Automotive Fuel Economy (UNEP) standard has challenged automotive OEMs to decrease carbon emissions by using lightweight materials. Further, the increasing number of projects related to green hydrogen helps in the development of the green hydrogen market in Europe. For instance, European Union (EU) promoting several lined-up projects in this area, such as Hycarus and Cryoplane, which aim to introduce green hydrogen in passenger aircraft.
North America is anticipated to witness rapid growth in the green hydrogen market in the upcoming years. Countries such as US and Canada are significantly contributing to this rapid growth owing to the rapid adoption of electric vehicles containing hydrogen fuel cells such as cars, trucks, buses, planes, and ships. Hydrogen fuel cell-powered vehicles are more efficient, they travel longer distances using less energy. One kg of hydrogen contains about the same energy as a gallon of gasoline. A fuel-cell electric vehicle with 1 kg of hydrogen can drive approximately 60 miles, compared to conventional vehicles that cover about 25 miles on a gallon of gasoline. The U.S. Department of Energy (DOE) is working to increase the fuel efficiency of green hydrogen engines up to nearly 100 miles on 1 kg of hydrogen. In addition to this, DOE is working on a project called Hydrogen Shot. The main aim of this is to reduce the cost of clean hydrogen to $1/kg within one decade for making hydrogen more accessible and affordable to the population. Further, green hydrogen has the potential of working efficiently without carbon emission which helps to reduce and control the crises of global warming and increasing air pollution. This factor supports the growth of the green hydrogen market in North America.
The Asia Pacific is the fastest-growing region of the green hydrogen market. This growth is largely driven by the rapidly developing economy advancements in technology, and new project development by the government. India has the most prominent market for green hydrogen, NITI Aayog; the Indian government's think tank recently released a report titled Harnessing Green Hydrogen-Opportunities for Deep Carbonisation in India, which involves a detailed plan on how the entire green hydrogen value chain could function. Along with these, they facilitate investment through demand aggregation and dollar-based bidding for green hydrogen. The government is providing more incentives and activities like policy changes to support the transition to green hydrogen. Moreover, China’s new five-year plan supports hydrogen to become one of the country’s six industries of the future. The increasing investment by the government in different hydrogen-related projects helps to propel the growth of the market.
Covid-19 Impact Analysis On Green Hydrogen Market
COVID-19 began in Wuhan (China) in December 2019 and has since rapidly grown throughout the globe. Due to lockdowns, travel restrictions, and business closures, COVID-19 has had an impact on the businesses and industries of numerous nations. The green hydrogen market is unaffected by the COVID-19 crisis. Owing to the long-term plans and goals of the government related to the development of the green hydrogen industry. In terms of confirmed cases and reported deaths, the US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are among the countries that have been most severely impacted. The shutdown of various plants and factories has had a detrimental influence on the production, delivery schedules, and sales of goods on the international market. Only a few businesses have already warned of potential delivery delays and eventual sales declines. In addition to this, the global travel bans imposed by economies in Europe, Asia-Pacific, and North America are affecting business collaborations and partnership opportunities.
Top Key Players Covered In Green Hydrogen Market
- Air Liquide
- Bloom Energy
- Cummins Inc.
- Engie
- Nel ASA
- Siemens Energy
- Toshiba Energy Systems & Solutions Corporation
- Linde plc.
- Air Products Inc.
- Uniper SE, and other major players.
Key Industry Development In The Green Hydrogen Market
In April 2020, Germany-based companies Siemens Gas and Power and Uniper SE announced a joint agreement on implementing projects that produce and use green hydrogen from renewable energy sources.
In November 2020, The Adani Group announced plans to invest US$ 70 Bn in green energy, which is expected to play a major role in India’s transition to green energy.
Global Green Hydrogen Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD XX Bn. |
Forecast Period 2022-28 CAGR: |
XX% |
Market Size in 2028: |
USD XX Bn. |
Segments Covered: |
By Technology |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Technology
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Green Hydrogen Market by Technology
5.1 Green Hydrogen Market Overview Snapshot and Growth Engine
5.2 Green Hydrogen Market Overview
5.3 PEM
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 PEM: Grographic Segmentation
5.4 Alkaline Electrolyzer
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Alkaline Electrolyzer: Grographic Segmentation
5.5 Solid Oxide Electrolyzer
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Solid Oxide Electrolyzer: Grographic Segmentation
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Grographic Segmentation
Chapter 6: Green Hydrogen Market by Application
6.1 Green Hydrogen Market Overview Snapshot and Growth Engine
6.2 Green Hydrogen Market Overview
6.3 Power Generation
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Power Generation: Grographic Segmentation
6.4 Transport
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Transport: Grographic Segmentation
6.5 Others
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Others: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Green Hydrogen Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Green Hydrogen Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Green Hydrogen Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 AIR LIQUIDE
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 BLOOM ENERGY
7.4 CUMMINS INC.
7.5 ENGIE
7.6 NEL ASA
7.7 SIEMENS ENERGY
7.8 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION
7.9 LINDE PLC.
7.10 AIR PRODUCTS INC.
7.11 UNIPER SE
7.12 OTHER MAJOR PLAYERS
Chapter 8: Global Green Hydrogen Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Technology
8.2.1 PEM
8.2.2 Alkaline Electrolyzer
8.2.3 Solid Oxide Electrolyzer
8.2.4 Others
8.3 Historic and Forecasted Market Size By Application
8.3.1 Power Generation
8.3.2 Transport
8.3.3 Others
Chapter 9: North America Green Hydrogen Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Technology
9.4.1 PEM
9.4.2 Alkaline Electrolyzer
9.4.3 Solid Oxide Electrolyzer
9.4.4 Others
9.5 Historic and Forecasted Market Size By Application
9.5.1 Power Generation
9.5.2 Transport
9.5.3 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Green Hydrogen Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Technology
10.4.1 PEM
10.4.2 Alkaline Electrolyzer
10.4.3 Solid Oxide Electrolyzer
10.4.4 Others
10.5 Historic and Forecasted Market Size By Application
10.5.1 Power Generation
10.5.2 Transport
10.5.3 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Green Hydrogen Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Technology
11.4.1 PEM
11.4.2 Alkaline Electrolyzer
11.4.3 Solid Oxide Electrolyzer
11.4.4 Others
11.5 Historic and Forecasted Market Size By Application
11.5.1 Power Generation
11.5.2 Transport
11.5.3 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Green Hydrogen Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Technology
12.4.1 PEM
12.4.2 Alkaline Electrolyzer
12.4.3 Solid Oxide Electrolyzer
12.4.4 Others
12.5 Historic and Forecasted Market Size By Application
12.5.1 Power Generation
12.5.2 Transport
12.5.3 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Green Hydrogen Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Technology
13.4.1 PEM
13.4.2 Alkaline Electrolyzer
13.4.3 Solid Oxide Electrolyzer
13.4.4 Others
13.5 Historic and Forecasted Market Size By Application
13.5.1 Power Generation
13.5.2 Transport
13.5.3 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Green Hydrogen Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD XX Bn. |
Forecast Period 2022-28 CAGR: |
XX% |
Market Size in 2028: |
USD XX Bn. |
Segments Covered: |
By Technology |
|
|
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. GREEN HYDROGEN MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. GREEN HYDROGEN MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. GREEN HYDROGEN MARKET COMPETITIVE RIVALRY
TABLE 005. GREEN HYDROGEN MARKET THREAT OF NEW ENTRANTS
TABLE 006. GREEN HYDROGEN MARKET THREAT OF SUBSTITUTES
TABLE 007. GREEN HYDROGEN MARKET BY TECHNOLOGY
TABLE 008. PEM MARKET OVERVIEW (2016-2028)
TABLE 009. ALKALINE ELECTROLYZER MARKET OVERVIEW (2016-2028)
TABLE 010. SOLID OXIDE ELECTROLYZER MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. GREEN HYDROGEN MARKET BY APPLICATION
TABLE 013. POWER GENERATION MARKET OVERVIEW (2016-2028)
TABLE 014. TRANSPORT MARKET OVERVIEW (2016-2028)
TABLE 015. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 016. NORTH AMERICA GREEN HYDROGEN MARKET, BY TECHNOLOGY (2016-2028)
TABLE 017. NORTH AMERICA GREEN HYDROGEN MARKET, BY APPLICATION (2016-2028)
TABLE 018. N GREEN HYDROGEN MARKET, BY COUNTRY (2016-2028)
TABLE 019. EUROPE GREEN HYDROGEN MARKET, BY TECHNOLOGY (2016-2028)
TABLE 020. EUROPE GREEN HYDROGEN MARKET, BY APPLICATION (2016-2028)
TABLE 021. GREEN HYDROGEN MARKET, BY COUNTRY (2016-2028)
TABLE 022. ASIA PACIFIC GREEN HYDROGEN MARKET, BY TECHNOLOGY (2016-2028)
TABLE 023. ASIA PACIFIC GREEN HYDROGEN MARKET, BY APPLICATION (2016-2028)
TABLE 024. GREEN HYDROGEN MARKET, BY COUNTRY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA GREEN HYDROGEN MARKET, BY TECHNOLOGY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA GREEN HYDROGEN MARKET, BY APPLICATION (2016-2028)
TABLE 027. GREEN HYDROGEN MARKET, BY COUNTRY (2016-2028)
TABLE 028. SOUTH AMERICA GREEN HYDROGEN MARKET, BY TECHNOLOGY (2016-2028)
TABLE 029. SOUTH AMERICA GREEN HYDROGEN MARKET, BY APPLICATION (2016-2028)
TABLE 030. GREEN HYDROGEN MARKET, BY COUNTRY (2016-2028)
TABLE 031. AIR LIQUIDE: SNAPSHOT
TABLE 032. AIR LIQUIDE: BUSINESS PERFORMANCE
TABLE 033. AIR LIQUIDE: PRODUCT PORTFOLIO
TABLE 034. AIR LIQUIDE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. BLOOM ENERGY: SNAPSHOT
TABLE 035. BLOOM ENERGY: BUSINESS PERFORMANCE
TABLE 036. BLOOM ENERGY: PRODUCT PORTFOLIO
TABLE 037. BLOOM ENERGY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. CUMMINS INC.: SNAPSHOT
TABLE 038. CUMMINS INC.: BUSINESS PERFORMANCE
TABLE 039. CUMMINS INC.: PRODUCT PORTFOLIO
TABLE 040. CUMMINS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. ENGIE: SNAPSHOT
TABLE 041. ENGIE: BUSINESS PERFORMANCE
TABLE 042. ENGIE: PRODUCT PORTFOLIO
TABLE 043. ENGIE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. NEL ASA: SNAPSHOT
TABLE 044. NEL ASA: BUSINESS PERFORMANCE
TABLE 045. NEL ASA: PRODUCT PORTFOLIO
TABLE 046. NEL ASA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. SIEMENS ENERGY: SNAPSHOT
TABLE 047. SIEMENS ENERGY: BUSINESS PERFORMANCE
TABLE 048. SIEMENS ENERGY: PRODUCT PORTFOLIO
TABLE 049. SIEMENS ENERGY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: SNAPSHOT
TABLE 050. TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: BUSINESS PERFORMANCE
TABLE 051. TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: PRODUCT PORTFOLIO
TABLE 052. TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. LINDE PLC.: SNAPSHOT
TABLE 053. LINDE PLC.: BUSINESS PERFORMANCE
TABLE 054. LINDE PLC.: PRODUCT PORTFOLIO
TABLE 055. LINDE PLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. AIR PRODUCTS INC.: SNAPSHOT
TABLE 056. AIR PRODUCTS INC.: BUSINESS PERFORMANCE
TABLE 057. AIR PRODUCTS INC.: PRODUCT PORTFOLIO
TABLE 058. AIR PRODUCTS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. UNIPER SE: SNAPSHOT
TABLE 059. UNIPER SE: BUSINESS PERFORMANCE
TABLE 060. UNIPER SE: PRODUCT PORTFOLIO
TABLE 061. UNIPER SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 062. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 063. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 064. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. GREEN HYDROGEN MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. GREEN HYDROGEN MARKET OVERVIEW BY TECHNOLOGY
FIGURE 012. PEM MARKET OVERVIEW (2016-2028)
FIGURE 013. ALKALINE ELECTROLYZER MARKET OVERVIEW (2016-2028)
FIGURE 014. SOLID OXIDE ELECTROLYZER MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. GREEN HYDROGEN MARKET OVERVIEW BY APPLICATION
FIGURE 017. POWER GENERATION MARKET OVERVIEW (2016-2028)
FIGURE 018. TRANSPORT MARKET OVERVIEW (2016-2028)
FIGURE 019. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 020. NORTH AMERICA GREEN HYDROGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. EUROPE GREEN HYDROGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. ASIA PACIFIC GREEN HYDROGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. MIDDLE EAST & AFRICA GREEN HYDROGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. SOUTH AMERICA GREEN HYDROGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Green Hydrogen Market research report is 2022-2028.
Air Liquide, Bloom Energy, Cummins Inc., Engie, Nel ASA, Siemens Energy, Toshiba Energy Systems & Solutions Corporation, Linde plc., Air Products Inc., Uniper SE, and Other Major Players.
Green Hydrogen Market is segmented into Technology, Application, and region. By Technology, the market is categorized into PEM, Alkaline Electrolyzer, Solid Oxide Electrolyzer, Others. By Application, the market is categorized into Power Generation, Transport, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Green hydrogen is a type of hydrogen highly reactive fuel that is generated by using electrolysis, powered by renewable sources. Electrolysis is the method that uses an electrical current to separate the hydrogen from the oxygen in the water.
The Green Hydrogen Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering base year as 2021.