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 53.8% during 2025-2034. 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: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
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), 2020-2024
- Figure 2: Global Green Hydrogen Market by Technology, 2024
- Figure 3: Global Green Hydrogen Market by Source, 2024
- Figure 4: Global Green Hydrogen Market by End-User, 2024
- Figure 5: Global Green Hydrogen Market by Region, 2024
- Figure 6: Global Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 7: Global Green Hydrogen Market by Technology (in %), 2024 & 2034
- Figure 8: Global Alkaline Electrolyzer Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 9: Global Alkaline Electrolyzer Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 10: Global Polymer Electrolyte Membrane (PEM) Electrolyzer Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 11: Global Polymer Electrolyte Membrane (PEM) Electrolyzer Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 12: Global Solid Oxide Electrolyzer Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 13: Global Solid Oxide Electrolyzer Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 14: Global Green Hydrogen Market by Source (in %), 2024 & 2034
- Figure 15: Global Solar Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 16: Global Solar Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 17: Global Wind Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 18: Global Wind Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 19: Global Other Sources Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 20: Global Other Sources Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 21: Global Green Hydrogen Market by End-User (in %), 2024 & 2034
- Figure 22: Global Transport/Mobility Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 23: Global Transport/Mobility Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 24: Global Utilities Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 25: Global Utilities Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 26: Global Grid Injection Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 27: Global Grid Injection Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 28: Global Industrial Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 29: Global Industrial Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 30: Global Other End-User Verticals Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 31: Global Other End-User Verticals Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 32: Global Green Hydrogen Market by Region (in %), 2024 & 2034
- Figure 33: Europe Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 34: Europe Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 35: Europe Green Hydrogen Market by Country (in %), 2024 & 2034
- Figure 36: Germany Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 37: United Kingdom Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 38: France Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 39: Italy Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 40: Spain Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 41: Russia Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 42: Netherlands Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 43: North America Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 44: North America Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 45: North America Green Hydrogen Market by Country (in %), 2024 & 2034
- Figure 46: United States Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 47: Canada Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 48: Asia Pacific Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 49: Asia Pacific Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 50: Asia Pacific Green Hydrogen Market by Country (in %), 2024 & 2034
- Figure 51: China Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 52: Japan Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 53: India Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 54: South Korea Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 55: Australia Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 56: Indonesia Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 57: Latin America Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 58: Latin America Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 59: Latin America Green Hydrogen Market by Country (in %), 2024 & 2034
- Figure 60: Mexico Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 61: Brazil Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 62: Argentina Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 63: Middle East & Africa Green Hydrogen Market (in US$ Million), 2020-2024
- Figure 64: Middle East & Africa Green Hydrogen Market (in US$ Million), 2025-2034
- Figure 65: Middle East & Africa Green Hydrogen Market by Country (in %), 2024 & 2034
- Figure 66: Saudi Arabia Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 67: Turkey Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 68: Iran Green Hydrogen Market (in US$ Million), 2020-2034
- Figure 69: UAE Green Hydrogen Market (in US$ Million), 2020-2034
- 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), 2024 & 2034
- Table 3: Global Green Hydrogen Market by Source (in US$ Million), 2024 & 2034
- Table 4: Global Green Hydrogen Market by End-User (in US$ Million), 2024 & 2034
- Table 5: Global Green Hydrogen Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Green Hydrogen Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Green Hydrogen Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Green Hydrogen Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Green Hydrogen Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Green Hydrogen Market by Country (in US$ Million),
- 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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