Green Hydrogen Market
Green Hydrogen Market - Global Industry Assessment & Forecast
#
Pages:
Base Year:
2024
Jun - 2023
Format:
Report Code:
VMR-VMR-2021-0943
Segments Covered
By
Technology Proton Exchange Membrane Electrolysers, Alkaline Electrolysers, Solid Oxide Electrolysers
-
By
Application Power Generation, Transport, Other Applications
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2024 |
| Forecast
Years:
|
2025 - 2035 |
 Historical
Years:
|
2019 - 2023 |
 Revenue
2024: |
USD 8.78 Billion |
 Revenue 2035:
|
USD 403.55 Billion |
 Revenue CAGR
(2025 - 2035): |
41.55% |
Fastest Growing Region (2025 -
2035)
|
Asia Pacific |
Largest Region (2024):
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Green Hydrogen Market Segment Analysis
- Green Hydrogen Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Green Hydrogen Application Outlook (Revenue, USD Million, 2018 - 2030)
- Power Generation
- Transport
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
-
North America Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- U.S.
- U.S. Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- U.S. Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- U.S. Green Hydrogen Market, by Technology
- Canada
- Canada Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Canada Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Canada Green Hydrogen Market, by Technology
-
Mexico
- Mexico Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Mexico Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Mexico Green Hydrogen Market, by Technology
-
North America Green Hydrogen Market, by Technology
- Europe
-
Europe Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
-
Europe Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- U. K.
- U.K. Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- U.K. Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- U.K. Green Hydrogen Market, by Technology
- France
- France Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- France Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- France Green Hydrogen Market, by Technology
-
Germany
- Germany Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Germany Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Germany Green Hydrogen Market, by Technology
-
Italy
- Italy Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Italy Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Italy Green Hydrogen Market, by Technology
-
Spain
- Spain Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Spain Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Spain Green Hydrogen Market, by Technology
-
Rest of Europe
- Rest of Europe Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Rest of Europe Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Rest of Europe Green Hydrogen Market, by Technology
-
Europe Green Hydrogen Market, by Technology
- Asia Pacific
-
Asia Pacific Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
-
Asia Pacific Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- China
- China Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- China Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- China Green Hydrogen Market, by Technology
- Japan
- Japan Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Japan Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Japan Green Hydrogen Market, by Technology
-
Germany
- Germany Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Germany Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Germany Green Hydrogen Market, by Technology
-
India
- India Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- India Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- India Green Hydrogen Market, by Technology
-
South Korea
- South Korea Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- South Korea Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- South Korea Green Hydrogen Market, by Technology
-
South East Asia
- South East Asia Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- South East Asia Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- South East Asia Green Hydrogen Market, by Technology
-
Rest of Asia Pacific
- Rest of Asia Pacific Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Rest of Asia Pacific Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Rest of Asia Pacific Green Hydrogen Market, by Technology
-
Asia Pacific Green Hydrogen Market, by Technology
- Latin America
-
Latin America Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
-
Latin America Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Brazil
- Brazil Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Brazil Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Brazil Green Hydrogen Market, by Technology
- Argentina
- Argentina Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Argentina Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Argentina Green Hydrogen Market, by Technology
-
Rest of Latin America
- Rest of Latin America Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Rest of Latin America Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Rest of Latin America Green Hydrogen Market, by Technology
-
Latin America Green Hydrogen Market, by Technology
- Middle East & Africa
-
Middle East & Africa Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
-
Middle East & Africa Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- GCC Countries
- GCC Countries Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- GCC Countries Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- GCC Countries Green Hydrogen Market, by Technology
- South Africa
- South Africa Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- South Africa Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- South Africa Green Hydrogen Market, by Technology
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Green Hydrogen Market, by Technology
- Proton Exchange Membrane Electrolysers
- Alkaline Electrolysers
- Solid Oxide Electrolysers
- Rest of Middle East & Africa Green Hydrogen Market, by Application
- Power Generation
- Transport
- Other Applications
- Rest of Middle East & Africa Green Hydrogen Market, by Technology
-
Middle East & Africa Green Hydrogen Market, by Technology
- North America
Vantage Market
Research | 20-Jun-2023
FAQ
Frequently Asked Question
What is the global demand for Green Hydrogen in terms of revenue?
-
The global Green Hydrogen valued at USD 8.78 Billion in 2024 and is expected to reach USD 403.55 Billion in 2035 growing at a CAGR of 41.55%.
Which are the prominent players in the market?
-
The prominent players in the market are Linde PLC (Ireland), Air Products Inc. (U.S.), Air Liquide (France), Cummins Inc. (U.S.), Engie SA (France), Nel ASA (Norway), Siemens Energy (Germany), Toshiba Energy Systems & Solutions Corporation (Japan), Uniper SE (Germany), Bloom Energy (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 41.55% between 2025 and 2035.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Green Hydrogen include
- Low variable electricity costs
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Green Hydrogen in 2024.
