Global Green Hydrogen Market Size, Trends & Analysis - Forecasts To 2026 By Technology (Alkaline Electrolyzer, Polymer Electrolyte Membrane (PEM) Electrolyzer), By Region (North America, Europe, Asia Pacific, CSA, MEA); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Global Green Hydrogen Market Size, Trends & Analysis - Forecasts To 2026 By Technology (Alkaline Electrolyzer, Polymer Electrolyte Membrane (PEM) Electrolyzer), By Region (North America, Europe, Asia Pacific, CSA, MEA); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

  • Published Date: July 14 : 2020
  • Base Year for Estimate: 2019
  • Report Id:2139

Green Hydrogen Market: Insights

The global green hydrogen market is estimated to witness a significant CAGR during the forecast period (2020-2026). 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. Furthermore, many countries, such as Germany, Japan, and the United States, are aiming to adopt hydrogen as a transport fuel over traditional fossil fuels. However, safety concerns of hydrogen and high capital cost of the electrolyzer unit are likely to hamper the market growth over the coming years.

Green Hydrogen Market

Green Hydrogen Market Size: By Technology

Based on technology, the global green hydrogen market is segmented into an alkaline electrolyzer, and polymer electrolyte membrane (PEM) electrolyzer. The alkaline electrolyzer segment is expected to hold the largest market share in terms of revenue during the forecast period. The alkaline electrolyzer utilizes the liquid alkaline solution of potassium or sodium hydroxide as the electrolyte and has a higher operating period than the PEM electrolyzer. Moreover, alkaline electrolyzers are cheaper than the PEM electrolyzer. Furthermore, the polymer electrolyte membrane (PEM) electrolyzer segment is expected to grow at a high CAGR during the forecast period due to low gas permeability and thickness of proton exchange membranes along with high proton conductivity of these electrolyzers is driving the market growth.

Green Hydrogen Market

Green Hydrogen Market Size: By Region

Based on region, the global green hydrogen market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. North America region is expected to hold the largest market share in terms of revenue during the forecast period. Furthermore, Asia-Pacific region is expected to grow at a high CAGR over the coming years.

Green hydrogen Market: Share & Competitor Analysis

Some of the key players operating in the green hydrogen market include: Engie, Uniper SE, Siemens, Hydrogenics, Linde, Air Liquide, Air Products and Chemicals, Inc., Nel ASA, SGH2 Energy Global LLC, Toshiba Energy Systems & Solutions Corporation, FuelCellsWorks, and Green Hydrogen, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

  • In May 2020, SGH2 Energy Global LLC (Solena) was planning to build the world’s largest green hydrogen plant in Lancaster, California, the U.S. The plant will be built on a five acre site which will use recycled mixed paper waste to generate up to 11,000 kilograms (24,251 pounds) of green hydrogen per day and 3.8 million kilograms a year
  • In November 2019, Air Liquide entered into a cooperation agreement with the Durance, Luberon, Verdon urban area (DLVA) and ENGIE to develop the “HyGreen Provence” project which aims at producing, storing and distributing green hydrogen on an industrial scale

Green Hydrogen Market: By Technology

  1. Introduction 
    1. Green Hydrogen Market, By Technology, 2020-2026 (USD Million)        
  2. Polymer Electrolyte Membrane (PEM) Electrolyzer           
    1. Polymer Electrolyte Membrane (PEM) Electrolyzer: Green Hydrogen Market, 2020-2026 (USD Million)
  3. Alkaline Electrolyzer
    1. Alkaline Electrolyzer: Green Hydrogen Market, 2020-2026 (USD Million)

Green Hydrogen Market: By Region

  1. Introduction 
    1. Global Green Hydrogen Market, By Region, 2020-2026 (USD Million)   
  2. North America          
    1. By Technology           
      1. North America Green Hydrogen Market, By Technology, 2020-2026 (USD Million)      
    2. By Country     
      1. U.S     
        1. By Technology           
          1. U.S Green Hydrogen Market, By Technology, 2020-2026 (USD Million) 
      2. Canada          
        1. By Technology           
          1. Canada Green Hydrogen Market, By Technology, 2020-2026 (USD Million) 
      3. Mexico
        1. By Technology           
          1. Mexico Green Hydrogen Market, By Technology, 2020-2026 (USD Million)             
  3. Europe          
    1. By Technology           
      1. Europe Green Hydrogen Market, By Technology, 2020-2026 (USD Million)       
    2. By Country     
      1. Germany        
        1. By Technology           
          1. Germany Green Hydrogen Market, By Technology, 2020-2026 (USD Million)             
      2. UK      
        1. By Technology           
          1. UK Green Hydrogen Market, By Technology, 2020-2026 (USD Million)  
      3. France
        1. By Technology           
          1. France Green Hydrogen Market, By Technology, 2020-2026 (USD Million)                         
      4. Italy    
        1. By Technology           
          1. Italy Green Hydrogen Market, By Technology, 2020-2026 (USD Million) 
      5. Rest Of Europe          
        1. By Technology           
          1. Rest Of Europe Green Hydrogen Market, By Technology, 2020-2026 (USD Million)               
  4. Asia Pacific   
    1. By Technology           
      1. Asia Pacific Green Hydrogen Market, By Technology, 2020-2026 (USD Million)
      2. By Country     
        1. China 
          1. Type   
            1. China Green Hydrogen Market, By Technology, 2020-2026 (USD Million)    
        2. Japan 
          1. By Technology           
            1. Japan Green Hydrogen Market, By Technology, 2020-2026 (USD Million)    
        3. India  
          1. By Technology           
            1. India Green Hydrogen Market, By Technology, 2020-2026 (USD Million)    
        4. Australia        
          1. By Technology           
            1. Australia Green Hydrogen Market, By Technology, 2020-2026 (USD Million)    
          2. By Product     
            1. Australia Green Hydrogen Market, By Product, 2020-2026 (USD Million)                            
        5. Rest of APAC 
          1. By Technology           
            1. Rest of APAC Green Hydrogen Market, By Technology, 2020-2026 (USD Million)       
  5. Middle East & Africa
    1. By Technology           
      1. Middle East & Africa Green Hydrogen Market, By Technology, 2020-2026 (USD Million)      
    2. By Country     
      1. Saudi Arabia 
        1. By Technology           
          1. Saudi Arabia Green Hydrogen Market, By Technology, 2020-2026 (USD Million)               
      2. UAE    
        1. By Technology           
          1. UAE Green Hydrogen Market, By Technology, 2
          2. 018-2026 (USD Million)      
  6. Central & South America    
    1. By Technology           
      1. Central & South America Green Hydrogen Market, By Technology, 2020-2026 (USD Million)      
    2. By Country     
      1. Brazil 
        1. By Technology           
          1. Brazil Green Hydrogen Market, By Product, 2020-2026 (USD Million)  

The global Green Hydrogen Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Green Hydrogen Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Green Hydrogen Market.

Green Hydrogen Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Green Hydrogen Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Green Hydrogen Market

To request a free sample copy of this report, please complete the form below

We value your investment and offer free customization with every report to fulfil your exact research needs.

This website is secure and your personal details are safe. Privacy
Request A Free Sample Report
Request For Customization

 

What questions do you have? Get quick response from our industry experts. Request a Free Consultation