Hydrogen fuel is thought of as clean power because it only produces water vapor emissions. However, hydrogen has traditionally been created through natural gas reforming. Green hydrogen emissions are carbon free, and these alternative technology pathways can further lower or eliminate emissions. Unlike other fuels, it doesn’t remove oxygen from the atmosphere – or add more water vapour to the atmosphere than it consumes during production – which helps retain the earth’s existing oxygen and water balance. The global green hydrogen market is likely to register a CAGR of over 27.4% with an incremental growth of USD 1,110 million during the forecast period 2021-2027.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global green hydrogen market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments.

The green hydrogen market is segmented on the basis of technology, location, end user, and region. The green hydrogen market is segmented as below:

By technology:

  • proton exchange membrane electrolyzer
  • alkaline electrolyzer
  • solid oxide electrolyzer
  • others



By location:

  • onshore
  • offshore



By end user:

  • power generation
  • automotive
  • mining
  • food & beverages
  • others



By region:

  • region
  • Asia Pacific
  • Europe
  • North America
  • Rest of the World (RoW)



The report also provides analysis of the key companies of the industry and their detailed company profiles including Air Liquide S.A., Air Products and Chemicals, Inc., Bloom Energy Corporation, Green Hydrogen Systems A/S, Ingersoll Rand Inc., ITM Power PLC, Linde plc, Loop Energy Inc, Nel ASA, Orsted A/S, Plug Power Inc., SGH2 Energy Global, LLC (SGH2, Solena Group), Siemens AG, thyssenkrupp AG, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

  • To analyze and forecast the market size of the global green hydrogen market.
  • To classify and forecast the global green hydrogen market based on technology, location, end user, and region.
  • To identify drivers and challenges for the global green hydrogen market.
  • To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global green hydrogen market.
  • To identify and analyze the profile of leading players operating in the global green hydrogen market.



Why Choose This Report

  • Gain a reliable outlook of the global green hydrogen market forecasts from 2021 to 2027 across scenarios.
  • Identify growth segments for investment.
  • Stay ahead of competitors through company profiles and market data.
  • The market estimate for ease of analysis across scenarios in Excel format.
  • Strategy consulting and research support for three months.
  • Print authentication provided for the single-user license.