Green Hydrogen Market to Enjoy Explosive Growth by 2027

The global green hydrogen market size is expected to reach USD 2,565.7 million in 2028 and register a revenue CAGR of 14.1% over the forecast period, according to the latest report by Emergen. Rising demand for green hydrogen in the transport industry and increasing concerns about carbon emission are some key factors driving market revenue growth.

The report covers extensive profiles of the companies and statistical approaches undertaken by these companies. The study offers a panoramic view of the market along with an accurate growth forecast of the company on both the regional and global levels. It strives to offer accurate insights into the existing competitive landscape and the ever-growing competition in the industry. It also provides an idea about the strategic initiatives undertaken by the companies to fortify their footing in the market.

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Some Key Highlights From the Report

  • In September 2021, Dubai announced that its green hydrogen project will enter “Expo 2020.” This innovative facility, which reaffirms United Arab Emirates’ (UAE) commitment to producing clean energy is a synergetic product among Dubai Electricity, Water Authority, and Siemens Energy. This step will drive the green mobility market in UAE, resulting in expansion of green hydrogen market in that country.
  • Market in Europe registered largest revenue share in 2020 owing to high investments in green hydrogen projects.
  • Major company profiles in the market report include AIR LIQUIDE, Engie, Siemens, Royal Dutch Shell PLC, Ballard Power Systems, Plug Power Inc., SGH2 Energy Global LLC, Cummins Inc., Linde, and Guangdong Nation-Synergy Hydrogen Power Technology Co., Ltd.

Global Green Hydrogen Market Segmentation:

Emergen Research has segmented global green hydrogen market on the basis of technology, renewable resources, application, end-use, and region:

  • Technology Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
    • Alkaline Electrolysis
    • Proton Exchange Membrane (PEM) Electrolysis
  • Renewable Resources (Revenue, USD Million, Volume, Kilotons; 2018–2028)
    • Solar Resources
    • Water Resources
    • Wind Resources
  • Application Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
    • Power generation
    • Transport
    • Others
  • End-use Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
    • Medical
    • Chemical
    • Petrochemicals
    • Grid injection
    • Others

Key Regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Objectives of the Green Hydrogen Market Report:

  • Analysis and forecast of the Global Green Hydrogen Market by segmentation of the market
  • Analysis of various macro and micro-economic factors influencing the growth of the market 
  • Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
  • Insights into drivers, restraints, opportunities, limitations, threats, and challenges
  • Analysis of the key players operating in the industry
  • Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans

Table of Contents:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Green Hydrogen Market Segmentation & Impact Analysis
    4.1. Green Hydrogen Market Material Segmentation Analysis
    4.2. Chemical Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers’ analysis
                    4.2.2.1. Growing concern towards carbon emissions
                    4.2.2.2. Expansion of green hydrogen production technologies
                    4.2.2.3. Increasing demand from Fuel Cell Electric Vehicles (FCEVs) and power industry
                    4.2.2.4. Favorable government policies
          4.2.3. Market restraints analysis
                    4.2.3.1. Lack of transportation infrastructure
                    4.2.3.2. High production and storage cost of hydrogen
    4.3. Technological Insights
    4.4. ETOP Analysis
    4.5. Regulatory Framework
    4.6. Porter’s Five Forces Analysis
    4.7. Competitive Metric Space Analysis
    4.8. Price trend Analysis
    4.9. Covid-19 Impact Analysis

READ MORE…!

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