
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.
The global Green Hydrogen market size is projected to grow from US$ 240 million in 2024 to US$ 461 million in 2030; it is expected to grow at a CAGR of 11.5% from 2024 to 2030.
The “Green Hydrogen Industry Forecast” looks at past sales and reviews total world Green Hydrogen sales in 2023, providing a comprehensive analysis by region and market sector of projected Green Hydrogen sales for 2024 through 2030. 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 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.
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 analysing 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 by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Green Hydrogen Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Green Hydrogen by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Green Hydrogen by Country/Region, 2019, 2023 & 2030
2.2 Green Hydrogen Segment by Type
2.2.1 Alkaline (ALK) Electrolyzer
2.2.2 Proton Exchange Membrane (PEM) Electrolyzer
2.3 Green Hydrogen Sales by Type
2.3.1 Global Green Hydrogen Sales Market Share by Type (2019-2024)
2.3.2 Global Green Hydrogen Revenue and Market Share by Type (2019-2024)
2.3.3 Global Green Hydrogen Sale Price by Type (2019-2024)
2.4 Green Hydrogen Segment by Application
2.4.1 Wind Energy
2.4.2 Solar Energy
2.4.3 Biomass
2.4.4 Others
2.5 Green Hydrogen Sales by Application
2.5.1 Global Green Hydrogen Sale Market Share by Application (2019-2024)
2.5.2 Global Green Hydrogen Revenue and Market Share by Application (2019-2024)
2.5.3 Global Green Hydrogen Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Green Hydrogen Breakdown Data by Company
3.1.1 Global Green Hydrogen Annual Sales by Company (2019-2024)
3.1.2 Global Green Hydrogen Sales Market Share by Company (2019-2024)
3.2 Global Green Hydrogen Annual Revenue by Company (2019-2024)
3.2.1 Global Green Hydrogen Revenue by Company (2019-2024)
3.2.2 Global Green Hydrogen Revenue Market Share by Company (2019-2024)
3.3 Global Green Hydrogen Sale Price by Company
3.4 Key Manufacturers Green Hydrogen Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Green Hydrogen Product Location Distribution
3.4.2 Players Green Hydrogen Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Green Hydrogen by Geographic Region
4.1 World Historic Green Hydrogen Market Size by Geographic Region (2019-2024)
4.1.1 Global Green Hydrogen Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Green Hydrogen Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Green Hydrogen Market Size by Country/Region (2019-2024)
4.2.1 Global Green Hydrogen Annual Sales by Country/Region (2019-2024)
4.2.2 Global Green Hydrogen Annual Revenue by Country/Region (2019-2024)
4.3 Americas Green Hydrogen Sales Growth
4.4 APAC Green Hydrogen Sales Growth
4.5 Europe Green Hydrogen Sales Growth
4.6 Middle East & Africa Green Hydrogen Sales Growth
5 Americas
5.1 Americas Green Hydrogen Sales by Country
5.1.1 Americas Green Hydrogen Sales by Country (2019-2024)
5.1.2 Americas Green Hydrogen Revenue by Country (2019-2024)
5.2 Americas Green Hydrogen Sales by Type (2019-2024)
5.3 Americas Green Hydrogen Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Green Hydrogen Sales by Region
6.1.1 APAC Green Hydrogen Sales by Region (2019-2024)
6.1.2 APAC Green Hydrogen Revenue by Region (2019-2024)
6.2 APAC Green Hydrogen Sales by Type (2019-2024)
6.3 APAC Green Hydrogen Sales by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Green Hydrogen by Country
7.1.1 Europe Green Hydrogen Sales by Country (2019-2024)
7.1.2 Europe Green Hydrogen Revenue by Country (2019-2024)
7.2 Europe Green Hydrogen Sales by Type (2019-2024)
7.3 Europe Green Hydrogen Sales by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Green Hydrogen by Country
8.1.1 Middle East & Africa Green Hydrogen Sales by Country (2019-2024)
8.1.2 Middle East & Africa Green Hydrogen Revenue by Country (2019-2024)
8.2 Middle East & Africa Green Hydrogen Sales by Type (2019-2024)
8.3 Middle East & Africa Green Hydrogen Sales by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Green Hydrogen
10.3 Manufacturing Process Analysis of Green Hydrogen
10.4 Industry Chain Structure of Green Hydrogen
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Green Hydrogen Distributors
11.3 Green Hydrogen Customer
12 World Forecast Review for Green Hydrogen by Geographic Region
12.1 Global Green Hydrogen Market Size Forecast by Region
12.1.1 Global Green Hydrogen Forecast by Region (2025-2030)
12.1.2 Global Green Hydrogen Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Green Hydrogen Forecast by Type (2025-2030)
12.7 Global Green Hydrogen Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Proton On-Site
13.1.1 Proton On-Site Company Information
13.1.2 Proton On-Site Green Hydrogen Product Portfolios and Specifications
13.1.3 Proton On-Site Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Proton On-Site Main Business Overview
13.1.5 Proton On-Site Latest Developments
13.2 718th Research Institute of CSIC
13.2.1 718th Research Institute of CSIC Company Information
13.2.2 718th Research Institute of CSIC Green Hydrogen Product Portfolios and Specifications
13.2.3 718th Research Institute of CSIC Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 718th Research Institute of CSIC Main Business Overview
13.2.5 718th Research Institute of CSIC Latest Developments
13.3 Teledyne Energy Systems
13.3.1 Teledyne Energy Systems Company Information
13.3.2 Teledyne Energy Systems Green Hydrogen Product Portfolios and Specifications
13.3.3 Teledyne Energy Systems Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Teledyne Energy Systems Main Business Overview
13.3.5 Teledyne Energy Systems Latest Developments
13.4 Hydrogenics
13.4.1 Hydrogenics Company Information
13.4.2 Hydrogenics Green Hydrogen Product Portfolios and Specifications
13.4.3 Hydrogenics Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Hydrogenics Main Business Overview
13.4.5 Hydrogenics Latest Developments
13.5 Nel Hydrogen
13.5.1 Nel Hydrogen Company Information
13.5.2 Nel Hydrogen Green Hydrogen Product Portfolios and Specifications
13.5.3 Nel Hydrogen Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Nel Hydrogen Main Business Overview
13.5.5 Nel Hydrogen Latest Developments
13.6 Suzhou Jingli
13.6.1 Suzhou Jingli Company Information
13.6.2 Suzhou Jingli Green Hydrogen Product Portfolios and Specifications
13.6.3 Suzhou Jingli Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Suzhou Jingli Main Business Overview
13.6.5 Suzhou Jingli Latest Developments
13.7 Beijing Zhongdian
13.7.1 Beijing Zhongdian Company Information
13.7.2 Beijing Zhongdian Green Hydrogen Product Portfolios and Specifications
13.7.3 Beijing Zhongdian Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Beijing Zhongdian Main Business Overview
13.7.5 Beijing Zhongdian Latest Developments
13.8 McPhy
13.8.1 McPhy Company Information
13.8.2 McPhy Green Hydrogen Product Portfolios and Specifications
13.8.3 McPhy Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 McPhy Main Business Overview
13.8.5 McPhy Latest Developments
13.9 Siemens
13.9.1 Siemens Company Information
13.9.2 Siemens Green Hydrogen Product Portfolios and Specifications
13.9.3 Siemens Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Siemens Main Business Overview
13.9.5 Siemens Latest Developments
13.10 TianJin Mainland
13.10.1 TianJin Mainland Company Information
13.10.2 TianJin Mainland Green Hydrogen Product Portfolios and Specifications
13.10.3 TianJin Mainland Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 TianJin Mainland Main Business Overview
13.10.5 TianJin Mainland Latest Developments
13.11 Toshiba Energy Systems and Solutions Corporation
13.11.1 Toshiba Energy Systems and Solutions Corporation Company Information
13.11.2 Toshiba Energy Systems and Solutions Corporation Green Hydrogen Product Portfolios and Specifications
13.11.3 Toshiba Energy Systems and Solutions Corporation Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Toshiba Energy Systems and Solutions Corporation Main Business Overview
13.11.5 Toshiba Energy Systems and Solutions Corporation Latest Developments
13.12 Idroenergy Spa
13.12.1 Idroenergy Spa Company Information
13.12.2 Idroenergy Spa Green Hydrogen Product Portfolios and Specifications
13.12.3 Idroenergy Spa Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Idroenergy Spa Main Business Overview
13.12.5 Idroenergy Spa Latest Developments
13.13 Erredue SpA
13.13.1 Erredue SpA Company Information
13.13.2 Erredue SpA Green Hydrogen Product Portfolios and Specifications
13.13.3 Erredue SpA Green Hydrogen Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Erredue SpA Main Business Overview
13.13.5 Erredue SpA Latest Developments
14 Research Findings and Conclusion
*If Applicable.
