Green Hydrogen: Global Market Outlook

Report Code: ENV060A

Publish Date: Feb 2023

Publisher: BCC Publishing

Category: Environment

Download Report Overview

Single User License: $2500

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The goal is to provide an up-to-date analysis of the global green hydrogen market and future opportunities in the market. The report provides an overview of the global green hydrogen market and analyzes market trends. It also highlights major trends and challenges that affect the market and the vendor landscape. The scope of the study includes market drivers and restraints, the competitive landscape, and current and emerging technologies. And market forecasts in terms of volume for the period (2022-2027) are made for technology, power source, and geography in the study.

Report Includes

  • A brief general outlook of the global green hydrogen market
  • Analyses of the global market trends, with market revenue data for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of key market potential for intraocular lens, technological trends, opportunities, and gaps estimating the current and future demand for green hydrogen market and its subsegments
  • Estimation of the actual market size and revenue forecast for global green hydrogen market in USD million values, and corresponding market share analysis based on technology, end user, and region
  • Coverage of the technological, economic, and business considerations of green hydrogen market, with analyses and growth forecasts through 2027
  • Holistic review of the impact of COVID-19 pandemic and Russia-Ukraine war on the market for green hydrogen technologies
  • Competitive landscape of this market featuring leading energy sector companies, their product portfolios, financial performances, and market share analysis based on recent segmental revenues

Report Scope

In this report, the green hydrogen market is segmented based on technology, power source and region. The base year considered for analysis is 2021, while market estimates and forecasts are given for 2022 to 2027. The market estimates are only provided in terms of volume, that is, kilotons. The report provides an overview of the global green hydrogen market and analyzes market trends.

To ascertain the global market demand for green hydrogen, we have considered the production route, assuming demand and supply to remain the same for green hydrogen in 2021. Within the technology segment, we have analyzed only AWE and PEM due to their maturity as well as their potential for commercial utilization.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022 to 2027
Base year market size 940 kilotons
Market size forecast 3,371.1 kilotons
Growth rate CAGR of 24.5% for the forecast period of 2022-2027
Units considered Kilotons
Segments covered Technology, Power Source, and Region
Regions covered North America, Asia-Pacific, Europe, and Rest of the World
Key Market Drivers
  • Growing Emphasis on Decarbonization and Net Zero Commitments
  • Climate Concerns Leading to Rising Adoption of Renewable Energy
  • Falling Renewable Energy Prices
  • The Current Production Cost is More Expensive than Grey Hydrogen
  • Huge Investments Required
  • High Energy Loss
Companies studied
AIR PRODUCTS AND CHEMICALS INC.BLOOM ENERGY
CUMMINS INC.ENGIE S.A.
IBERDROLA S.A.ITM LINDE ELECTROLYSIS
MESSER GROUP GMBHNEL ASA
PLUG POWER INC.SHELL PLC
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

• The green hydrogen market is projected to grow from 940 Kilo Tons in 2021 to 3,371 Kilo Tons in 2027, at a compound annual growth rate (CAGR) of 24.5% during the forecast period.
• Growing emphasis on decarbonization and net zero commitment • Climate concerns leading to rising adoption of renewable energy • Falling renewable energy prices
• The green hydrogen market is segmented on the basis of technology, source, and region.
• Alkaline Water Electrolyzer will dominate the market by the end of 2027.
• Europe holds the highest share in the market.
• Key companies in the market includes Air Products, Messar Gmbh, Shell PLC, Nel ASA

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Green Hydrogen: Global Market Outlook52Free

Related Reports

Sodium-ion Batteries: Materials, Technologies and Global Markets to 2029

Published - Sep 2024 | Publisher - BCC Publishing | Code - FCB041B

The global market for sodium-ion batteries (SIB) is estimated to increase from $318.0 million in 2023 to reach $838.5 million by 2029, at a compound annual growth rate (CAGR) of 18.6% from 2024 through 2029.

Electric Vehicles and Fuel Cell Vehicles: Global Markets

Published - Aug 2024 | Publisher - BCC Publishing | Code - FCB040F

The global market for electric vehicles and fuel cell vehicles was valued at $655.9 billion in 2023. The market is expected to grow from $758.0 billion in 2024 to $1.8 trillion by 2029, at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2029.

Global Market for PEM Electrolyzer

Published - Jul 2024 | Publisher - BCC Publishing | Code - FCB059B

The global market for proton exchange membrane (PEM) electrolyzer was valued at $60.2 million in 2023. The market is expected to grow from $83.7 million in 2024 to $507.6 million by 2029, at a compound annual growth rate (CAGR) of 43.4% from 2024 to 2029.

Battery Separators: Global Markets

Published - Jul 2024 | Publisher - BCC Publishing | Code - EGY199A

The global market for battery separators is expected to grow from $8.1 billion in 2024 and is projected to reach $19.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 18.6% during the forecast period of 2024 to 2029.

Recent Reports

Water Meters, Water Quality Sensors and Water Leak Detection: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - ENV039C

The global market for water meters is estimated to increase from $15.0 billion in 2023 to reach $19.3 billion by 2029, at a compound annual growth rate (CAGR) of 4.5% from 2024 through 2029.

Circular Economy: A Global Outlook

Published - Aug 2024 | Publisher - BCC Publishing | Code - ENV073A

This report provides an in-thorough analysis of the circular economy market, highlighting its current and future potential. It provides a detailed examination of market drivers, restraints, challenges, and opportunities, along with market projections for 2029 and rankings of key market players.

Green Mining: Global Market

Published - Jul 2024 | Publisher - BCC Publishing | Code - ENV067A

The global market for green mining is estimated to increase from $11.4 billion in 2023 to reach $16.9 billion by 2029, at a compound annual growth rate (CAGR) of 7.4% from 2024 through 2029.

Green Tires Market

Published - Jul 2024 | Publisher - Noopur Deshmukh | Code - ENV072A

The global market for green tires is expected to grow from $88.2 billion in 2024 and is projected to reach $152.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.

Global Water and Wastewater Pipes Market

Published - Jun 2024 | Publisher - BCC Publishing | Code - ENV071A

This report provides an overview of the global water and wastewater pipes market. The study discusses the status on how industry works and what future holds for industrial growth considering government initiatives and product advancements considering rising growth of Plastic pipes in the industry.

Top Trending Reports

AI in Clinical and Molecular Diagnostics Market

Published - Oct 2024 | Publisher - BCC Publishing | Code - BIO261A

The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.

Point-of-Care Diagnostics: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC043H

The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.

Medical Devices: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC170F

The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Global Artificial Intelligence (AI) Market: Investments vs Potential

Published - Aug 2024 | Publisher - BCC Publishing | Code - IFT189C

The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.

CRISPR Technology: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC258C

The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Green Hydrogen: Global Market Outlook
Sample Report