Global Green Hydrogen Market Size, Trends, and Growth Opportunity, By Technology (Alkaline Electrolyzer, Polymer Electrolyte Membrane Electrolyzer), By Application (Power Generation, Transportation, Others) By Distribution Channel (Pipeline, Cargo) By Region and forecast till 2027. Global Green Hydrogen Market The size of the global Green Hydrogen market was estimated at USD 4.21 billion in 2021 and is projected to increase to USD 60.56 billion from 2022 to 2027, growing at a CAGR of 39.6%.
Green hydrogen is formed by the electrolysis of water for which electric power is utilized which is generated by renewable energy sources like wind energy or solar energy. Market Drivers Government policies regarding the hydrogen economy along with rising environmental concerns regarding increased carbon emissions from fossil fuel boost the market. Additionally, hydrogen is a clean fuel for the vehicle without emission of pollutants and greenhouse gases and the cost required for producing renewable energy reduces drastically propelling the growth of the market.
Market Restraints High initial investment restricts the green hydrogen market growth. COVID-19 Impact on Global Green Hydrogen Market An outbreak of covid-19 impacted adversely as the lockdown imposed by the government led to the shutdown of manufacturing units and disruption in the supply chain people are not stepping out of their homes due to fear of contracting the virus shows a negative impact on green hydrogen market growth. Market Segmentation The global Green Hydrogen market is segmented based on Technology, Application, Distribution Channel, and Region. Based on Technology it is segmented into Alkaline Electrolyzer, Polymer Electrolyte Membrane (PEM) Electrolyzer. Based on Application it is segmented into Power Generation, Transportation, and Others. Based on Distribution Channel it is segmented into Pipeline, Cargo. Based on Region it is segmented into North America, Europe, Asia Pacific, Latin America, and MEA. Regional Analysis The global Green Hydrogen market is segmented into five regions North America, Europe, Asia Pacific, Latin America, and MEA.
Europe dominates the market due to an increase in energy transition into a clean hydrogen-based economy. North America also witnessed a significant rise in Green Hydrogen market.
Key Players Various key players are listed in this report such as Air Liquide, Air Products Inc, Bloom Energy, Cummins Inc, Engie, Linde plc, Nel ASA, Siemens Energy, Toshiba Energy Systems & Solutions Corporation, and Uniper SE. Market Taxonomy By Technology • Alkaline Electrolyzer • Polymer Electrolyte Membrane (PEM) Electrolyzer By Application • Power Generation • Transportation • Others By Distribution Channel • Pipeline • Cargo By Region • North America • Latin America • Europe • Asia Pacific • Middle East & Africa Key Question Addressed by the Report • What are the Key Opportunities in the Global Green Hydrogen Market? • What will be the rate of growth from 2022 to 2027? • Which segment/region will have the highest growth? • What factors will influence/drive the market? • What role do key players in the value chain play?
Global Green Hydrogen Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Green Hydrogen Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Green Hydrogen Market , By Technology Type
5.1 Y-o-Y Growth Comparison, By Technology Type
5.2 Global Green Hydrogen Market Share Analysis, By Technology Type
5.3 Global Green Hydrogen Market Size and Forecast, By Technology Type
5.3.1 Alkaline Electrolyzer
5.3.2 Polymer Electrolyte Membrane Electrolyzer
6 Global Green Hydrogen Market, By Application Type
6.1 Y-o-Y Growth Comparison, By Application type
6.3 Global Green Hydrogen Market Share Analysis, By Application type
6.3 Global Green Hydrogen Market Size and Forecast, By Application type
6.3.1 Power Generation
6.3.2 Transportation
6.3.3 Others
7 Global Green Hydrogen Market, By Distribution Channel Type
7.1 Y-o-Y Growth Comparison, By Distribution Channel Type
7.2 Global Green Hydrogen Market Share Analysis, By Distribution Channel Type
7.3 Global Green Hydrogen Market Size and Forecast, By Distribution Channel Type
7.3.1 Pipeline 7.3.2 Cargo
8 Global Green Hydrogen Market , By Region
8.1 Global Green Hydrogen Market Share Analysis, By Region
8.2 Global Green Hydrogen Market Size and Forecast, By Region
9 North America Green Hydrogen Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Green Hydrogen Market Share Analysis, By Technology Type
9.3 North America Green Hydrogen Market Size and Forecast, By Application
9.4 North America Green Hydrogen Market Size and Forecast, By Distribution Channel
9.5 North America Green Hydrogen Market Size and Forecast, By Country
9.5.1 U.S
9.5.2 Canada
9.5.3 Mexico
10 Europe Green Hydrogen Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Green Hydrogen Market Share Analysis, By Technology Type
10.3 Europe Green Hydrogen Market Size and Forecast, By Application
10.4 Europe Green Hydrogen Market Size and Forecast, By Distribution Channel
10.5 Europe Green Hydrogen Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4Rest of Europe
11 Asia Pacific Green Hydrogen Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia-Pacific Green Hydrogen Market Size and Forecast, By Technology Type
11.3 Asia-Pacific Green Hydrogen Market Size and Forecast, By Application
11.4 Asia-Pacific Green Hydrogen Market Size and Forecast, By Distribution Channel
11.5 Asia-Pacific Green Hydrogen Market Size and Forecast, By Country
11.6.1 China
11.6.2 Japan
11.6.3 India
11.6.4 Rest of Asia Pacific
12 Latin America Green Hydrogen Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Green Hydrogen Market Size and Forecast, By Technology Type
12.3 Latin America Green Hydrogen Market Size and Forecast, By Application
12.4 Latin America Green Hydrogen Market Size and Forecast, By Distribution Channel
12.5 Latin America Green Hydrogen Market Size and Forecast, By Country
12.6.1 Brazil
12.6.2.Rest of Latin America
13 Middle East Green Hydrogen Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Green Hydrogen Market Share Analysis, By Technology Type
13.3 Middle East Green Hydrogen Market Size and Forecast, By Application
13.4 Middle East Green Hydrogen Market Size and Forecast, By Distribution Channel
13.5 Middle East Green Hydrogen Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1. Air Liquide
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Air Products Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments 15.2.6 Key Strategies
15.3. Bloom Energy
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Cummins Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. Engie
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.6 Key Market Developments
15.5.6 Key Strategies
15.6. Linde plc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. Nel ASA
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5Key Market Developments
15.7.6 Key Strategies
15.8. Siemens Energy
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9. Toshiba Energy Systems & Solutions Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5Key Market Developments
15.9.6 Key Strategies
15.10. Uniper SE
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5Key Market Developments
15.10.6 Key Strategies
