Green Hydrogen Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

Green Hydrogen Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The global green hydrogen market is expected to grow at a CAGR of around 55.7% during 2024-2033. This report on global green hydrogen market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global green hydrogen market by segmenting the market based on technology, source, end user and region. Also, detailed profiles of companies operating in the green hydrogen market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Increased Measures Toward Decarbonization
• Increasing Government Initiatives

Market Challenges

• High Costs

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Technology

• Alkaline Electrolyzer
• Polymer Electrolyte Membrane (PEM) Electrolyzer
• Solid Oxide Electrolyzer

Market by Source

• Solar
• Wind
• Other Sources

Market by End-User

• Transport/Mobility
• Utilities
• Grid Injection
• Industrial
• Other End Users

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Solutions
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Green Hydrogen Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Green Hydrogen Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Green Hydrogen Market by Technology
5.1. Introduction
5.2. Alkaline Electrolyzer
5.3. Polymer Electrolyte Membrane (PEM) Electrolyzer
5.4. Solid Oxide Electrolyzer
6. Global Green Hydrogen Market by Source
6.1. Introduction
6.2. Solar
6.3. Wind
6.4. Other Sources
7. Global Green Hydrogen Market by End-User
7.1. Introduction
7.2. Transport/Mobility
7.3. Utilities
7.4. Grid Injection
7.5. Industrial
7.6. Other End Users
8. Global Green Hydrogen Market by Region
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT Analysis
10. Porter’s Five Forces
11. Market Value Chain Analysis
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. Air Liquide
12.2.2. Air Products Inc.
12.2.3. Bloom Energy
12.2.4. Cummins Inc.
12.2.5. Energy Global LLC.
12.2.6. Engie
12.2.7. Green Hydrogen Systems
12.2.8. Linde plc.
12.2.9. Nel ASA
12.2.10. Plug Power Inc.
12.2.11. Royal Dutch Shell Plc.
12.2.12. Siemens Energy
12.2.13. Toshiba Energy Systems & Solutions Corporation
12.2.14. Uniper SE
List of Figures
Figure 1: Global Green Hydrogen Market (in US$ Million), 2019-2023
Figure 2: Global Green Hydrogen Market by Technology, 2023
Figure 3: Global Green Hydrogen Market by Source, 2023
Figure 4: Global Green Hydrogen Market by End-User, 2023
Figure 5: Global Green Hydrogen Market by Region, 2023
Figure 6: Global Green Hydrogen Market (in US$ Million), 2024-2033
Figure 7: Global Green Hydrogen Market by Technology (in %), 2023 & 2033
Figure 8: Global Alkaline Electrolyzer Green Hydrogen Market (in US$ Million), 2019-2023
Figure 9: Global Alkaline Electrolyzer Green Hydrogen Market (in US$ Million), 2024-2033
Figure 10: Global Polymer Electrolyte Membrane (PEM) Electrolyzer Green Hydrogen Market (in US$ Million), 2019-2023
Figure 11: Global Polymer Electrolyte Membrane (PEM) Electrolyzer Green Hydrogen Market (in US$ Million), 2024-2033
Figure 12: Global Solid Oxide Electrolyzer Green Hydrogen Market (in US$ Million), 2019-2023
Figure 13: Global Solid Oxide Electrolyzer Green Hydrogen Market (in US$ Million), 2024-2033
Figure 14: Global Green Hydrogen Market by Source (in %), 2023 & 2033
Figure 15: Global Solar Green Hydrogen Market (in US$ Million), 2019-2023
Figure 16: Global Solar Green Hydrogen Market (in US$ Million), 2024-2033
Figure 17: Global Wind Green Hydrogen Market (in US$ Million), 2019-2023
Figure 18: Global Wind Green Hydrogen Market (in US$ Million), 2024-2033
Figure 19: Global Other Sources Green Hydrogen Market (in US$ Million), 2019-2023
Figure 20: Global Other Sources Green Hydrogen Market (in US$ Million), 2024-2033
Figure 21: Global Green Hydrogen Market by End-User (in %), 2023 & 2033
Figure 22: Global Transport/Mobility Green Hydrogen Market (in US$ Million), 2019-2023
Figure 23: Global Transport/Mobility Green Hydrogen Market (in US$ Million), 2024-2033
Figure 24: Global Utilities Green Hydrogen Market (in US$ Million), 2019-2023
Figure 25: Global Utilities Green Hydrogen Market (in US$ Million), 2024-2033
Figure 26: Global Grid Injection Green Hydrogen Market (in US$ Million), 2019-2023
Figure 27: Global Grid Injection Green Hydrogen Market (in US$ Million), 2024-2033
Figure 28: Global Industrial Green Hydrogen Market (in US$ Million), 2019-2023
Figure 29: Global Industrial Green Hydrogen Market (in US$ Million), 2024-2033
Figure 30: Global Other End-User Verticals Green Hydrogen Market (in US$ Million), 2019-2023
Figure 31: Global Other End-User Verticals Green Hydrogen Market (in US$ Million), 2024-2033
Figure 32: Global Green Hydrogen Market by Region (in %), 2023 & 2033
Figure 33: Europe Green Hydrogen Market (in US$ Million), 2019-2023
Figure 34: Europe Green Hydrogen Market (in US$ Million), 2024-2033
Figure 35: Europe Green Hydrogen Market by Country (in %), 2023 & 2033
Figure 36: Germany Green Hydrogen Market (in US$ Million), 2019-2033
Figure 37: United Kingdom Green Hydrogen Market (in US$ Million), 2019-2033
Figure 38: France Green Hydrogen Market (in US$ Million), 2019-2033
Figure 39: Italy Green Hydrogen Market (in US$ Million), 2019-2033
Figure 40: Spain Green Hydrogen Market (in US$ Million), 2019-2033
Figure 41: Russia Green Hydrogen Market (in US$ Million), 2019-2033
Figure 42: Netherlands Green Hydrogen Market (in US$ Million), 2019-2033
Figure 43: North America Green Hydrogen Market (in US$ Million), 2019-2023
Figure 44: North America Green Hydrogen Market (in US$ Million), 2024-2033
Figure 45: North America Green Hydrogen Market by Country (in %), 2023 & 2033
Figure 46: United States Green Hydrogen Market (in US$ Million), 2019-2033
Figure 47: Canada Green Hydrogen Market (in US$ Million), 2019-2033
Figure 48: Asia Pacific Green Hydrogen Market (in US$ Million), 2019-2023
Figure 49: Asia Pacific Green Hydrogen Market (in US$ Million), 2024-2033
Figure 50: Asia Pacific Green Hydrogen Market by Country (in %), 2023 & 2033
Figure 51: China Green Hydrogen Market (in US$ Million), 2019-2033
Figure 52: Japan Green Hydrogen Market (in US$ Million), 2019-2033
Figure 53: India Green Hydrogen Market (in US$ Million), 2019-2033
Figure 54: South Korea Green Hydrogen Market (in US$ Million), 2019-2033
Figure 55: Australia Green Hydrogen Market (in US$ Million), 2019-2033
Figure 56: Indonesia Green Hydrogen Market (in US$ Million), 2019-2033
Figure 57: Latin America Green Hydrogen Market (in US$ Million), 2019-2023
Figure 58: Latin America Green Hydrogen Market (in US$ Million), 2024-2033
Figure 59: Latin America Green Hydrogen Market by Country (in %), 2023 & 2033
Figure 60: Mexico Green Hydrogen Market (in US$ Million), 2019-2033
Figure 61: Brazil Green Hydrogen Market (in US$ Million), 2019-2033
Figure 62: Argentina Green Hydrogen Market (in US$ Million), 2019-2033
Figure 63: Middle East & Africa Green Hydrogen Market (in US$ Million), 2019-2023
Figure 64: Middle East & Africa Green Hydrogen Market (in US$ Million), 2024-2033
Figure 65: Middle East & Africa Green Hydrogen Market by Country (in %), 2023 & 2033
Figure 66: Saudi Arabia Green Hydrogen Market (in US$ Million), 2019-2033
Figure 67: Turkey Green Hydrogen Market (in US$ Million), 2019-2033
Figure 68: Iran Green Hydrogen Market (in US$ Million), 2019-2033
Figure 69: UAE Green Hydrogen Market (in US$ Million), 2019-2033
Figure 70: Market Value Chain
List of Tables
Table 1: Global Green Hydrogen Market Portraiture
Table 2: Global Green Hydrogen Market by Technology (in US$ Million), 2023 & 2033
Table 3: Global Green Hydrogen Market by Source (in US$ Million), 2023 & 2033
Table 4: Global Green Hydrogen Market by End-User (in US$ Million), 2023 & 2033
Table 5: Global Green Hydrogen Market by Region (in US$ Million), 2023 & 2033
Table 6: Europe Green Hydrogen Market by Country (in US$ Million), 2023 & 2033
Table 7: North America Green Hydrogen Market by Country (in US$ Million), 2023 & 2033
Table 8: Asia Pacific Green Hydrogen Market by Country (in US$ Million), 2023 & 2033
Table 9: Latin America Green Hydrogen Market by Country (in US$ Million), 2023 & 2033
Table 10: Middle East & Africa Green Hydrogen Market by Country (in US$ Million),
2023 & 2033
Table 11: List of Key Players

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