Global Green Hydrogen Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Green Hydrogen Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Green Hydrogen market size was valued at US$ 1323 million in 2024 and is forecast to a readjusted size of USD 28340 million by 2031 with a CAGR of 51.7% during review period.

Green hydrogen is produced by the electrolysis of water for which electricity is required, and is provided by green energy sources, such as wind or solar. Organizations are investing in the establishment of new green hydrogen production plants that will help in reducing GHG emissions.

Global key players of Green Hydrogen include Plug Power, Nel Hydrogen, 718th Research Institute of CSIC, Sungrow Power Supply, ThyssenKrupp, etc. The top five players hold a share about 56%. North America is the largest market, and has a share about 33%, followed by China and Europe with share 25% and 23%, separately. In terms of product type, Proton Exchange Membrane (PEM) Electrolyzer is the largest segment, occupied for a share of 54%. In terms of application, Solar Energy has a share about 50 percent.

This report is a detailed and comprehensive analysis for global Green Hydrogen market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Green Hydrogen market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Green Hydrogen market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Green Hydrogen market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031

Global Green Hydrogen market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Green Hydrogen

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Green Hydrogen market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Plug Power, Nel Hydrogen, 718th Research Institute of CSIC, Sungrow Power Supply, ThyssenKrupp, Longi Green Energy Technology, Cockerill Jingli Hydrogen, Siemens, Shandong Saikesaisi Hydrogen Energy, Hydrogen Pro, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Green Hydrogen market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Alkaline (ALK) Electrolyzer
Proton Exchange Membrane (PEM) Electrolyzer
Others

Market segment by Application
Solar Energy
Wind Energy
Biomass
Others

Major players covered
Plug Power
Nel Hydrogen
718th Research Institute of CSIC
Sungrow Power Supply
ThyssenKrupp
Longi Green Energy Technology
Cockerill Jingli Hydrogen
Siemens
Shandong Saikesaisi Hydrogen Energy
Hydrogen Pro
Cummins
TianJin Mainland
SANY Hydrogen
H2B2
McPhy
Yangzhou Chungdean Hydrogen Equipment
Teledyne Energy Systems
Beijing Zhongdian
Toshiba
Shenzhen Kohodo Hydrogen Energy

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Green Hydrogen product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Green Hydrogen, with price, sales quantity, revenue, and global market share of Green Hydrogen from 2020 to 2025.

Chapter 3, the Green Hydrogen competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Green Hydrogen breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Green Hydrogen market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Green Hydrogen.

Chapter 14 and 15, to describe Green Hydrogen sales channel, distributors, customers, research findings and conclusion.