Green Hydrogen: Global Market Outlook

Report Code: ENV060A

Publish Date: Feb 2023

Publisher: BCC Publishing

Category: Environment

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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
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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. REACH OUT TO US TODAY

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

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Green Hydrogen: Global Market Outlook
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