PUBLISHER: Lucintel | PRODUCT CODE: 1386190
PUBLISHER: Lucintel | PRODUCT CODE: 1386190
The future of the global green hydrogen market looks promising with opportunities in the power generation, transportation, industry energy, industry feedstock, and builsing heat & power applications. The global green hydrogen market is expected to reach an estimated $14.1 billion by 2030 with a CAGR of 43.1% from 2024 to 2030. The major drivers for this market are increasing demand for renewable energy solutions, rising government support for green hydrogen projects, and growing preference for nuclear and green hydrogen fuels.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global green hydrogen by source, technology, distribution channel, application, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies green hydrogen companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the green hydrogen companies profiled in this report include-
Lucintel forecasts that alkaline electrolyzer will remain the largest segment due to its significant use in green hydrogen projects given to its longer operating hours, easy availability, and affordability.
Within this market, transportation will remain the largest segment due to considerable usage of hydrogen fuel cell in this sector given to its energy efficiency.
Europe will remain the largest region due to growing demand for clean hydrogen-based economy and presence of key manufacturer in the region.
Market Size Estimates: Green hydrogen market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Green hydrogen market size by various segments, such as by source, technology, distribution channel, application, and region in terms of ($B).
Regional Analysis: Green hydrogen market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sources, technologies, distribution channels, applications, and regions for the green hydrogen market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the green hydrogen market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Answer: The global green hydrogen market is expected to reach an estimated $14.1 billion by 2030.
Answer: The global green hydrogen market is expected to grow with a CAGR of 43.1% from 2024 to 2030.
Answer: The major drivers for this market are increasing demand for renewable energy solutions, rising government support for green hydrogen projects, and growing preference for nuclear and green hydrogen fuels.
Answer: The future of the green hydrogen market looks promising with opportunities in the power generation, transportation, industry energy, industry feedstock, and builsing heat & power applications.
Answer: Some of the key green hydrogen companies are as follows:
Answer: Lucintel forecasts that alkaline electrolyzer will remain the largest segment due to its significant use in green hydrogen projects given to its longer operating hours, easy availability, and affordability.
Answer: Europe will remain the largest region due to growing demand for clean hydrogen-based economy and presence of key manufacturer in the region.
Answer: Yes, Lucintel provides 10% customization without any additional cost.