Global Green Hydrogen Market Growth 2023-2029

Global Green Hydrogen Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Green Hydrogen Industry Forecast” looks at past sales and reviews total world Green Hydrogen sales in 2022, providing a comprehensive analysis by region and market sector of projected Green Hydrogen sales for 2023 through 2029. With Green Hydrogen sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Green Hydrogen industry.
This Insight Report provides a comprehensive analysis of the global Green Hydrogen landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Green Hydrogen portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Green Hydrogen market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Green Hydrogen and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Green Hydrogen.
The global Green Hydrogen market size is projected to grow from US$ 194.7 million in 2022 to US$ 417.5 million in 2029; it is expected to grow at a CAGR of 417.5 from 2023 to 2029.
The Asia Pacific region has a major market share of over 40%, followed by Europe and North America.
The key manufacturers are Proton On-Site, 718th Research Institute of CSIC, Teledyne Energy Systems, Hydrogenics, Nel Hydrogen, Suzhou Jingli, Beijing Zhongdian, McPhy, Siemens, TianJin Mainland, Toshiba Energy Systems and Solutions Corporation, Idroenergy Spa, Erredue SpA etc. The 718 Research Institute is the largest producer with a share of more than 20%.
This report presents a comprehensive overview, market shares, and growth opportunities of Green Hydrogen market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Alkaline (ALK) Electrolyzer
Proton Exchange Membrane (PEM) Electrolyzer
Segmentation by application
Wind Energy
Solar Energy
Biomass
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Proton On-Site
718th Research Institute of CSIC
Teledyne Energy Systems
Hydrogenics
Nel Hydrogen
Suzhou Jingli
Beijing Zhongdian
McPhy
Siemens
TianJin Mainland
Toshiba Energy Systems and Solutions Corporation
Idroenergy Spa
Erredue SpA

Key Questions Addressed in this Report
What is the 10-year outlook for the global Green Hydrogen market?
What factors are driving Green Hydrogen market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Green Hydrogen market opportunities vary by end market size?
How does Green Hydrogen break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.