Green Hydrogen Market Competitive Analysis Research Report, Business Prospect, Global Industry Share and Explosive Growth Opportunity 2021 – 2023

Market Highlights

Global Green Hydrogen Market is projected to be valued at USD XX by 2026, at a XX% CAGR during the review period, 2020–2026. Green hydrogen is made using a large amount of water, a big electrolyzer, and significant supplies of electricity. Moreover, this electricity supply generally comes only from renewable energy resources.

Global Green Hydrogen Market, 2020–2026

In 2019, Europe Dominated the Green Hydrogen Market in Terms of Market Share: MRFR

The global green hydrogen market has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and South America. Europe is expected to hold the largest share of the market during the forecast period. The growth of the green hydrogen market in the region is supported by a large number of projects in the region.

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Moreover, European countries have abundant renewable energy sources, which they can re-use through interconnections to North Africa and other regions to transport and store hydrogen. Additionally, Europe has a globally leading industry for clean hydrogen production, especially for manufacturing electrolyzers. North America is expected to be the second-largest market for green hydrogen owing to the increasing deployment of renewable energy resources in residential and commercial areas. In Asia-Pacific, countries such as China and India are increasingly focusing on making policies and large-scale green hydrogen projects in countries such as Australia and Japan. In the Middle East & Africa and South America, the industrial and commercial sectors are projected to invest in solar and wind projects, which would positively impact their overall cost.

The global green hydrogen market has been segmented based on technology, application, and end-use industry. Based on the technology, the global market is divided into alkaline electrolyzer, proton exchange membrane electrolyzer, and solid oxide electrolyzer. The alkaline electrolyzer segment is projected to hold the largest share of the global market, while the proton exchange membrane electrolyzer technology is expected to be the fastest-growing in the forecast period owing to its high proton conductivity, lower membrane thickness, and lower gas permeability.

Global Green Hydrogen Market is expected to grow at a CAGR of XX% during the forecast period.

Scope of the Report

This report presents an in-depth analysis of the global green hydrogen market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights the market size and shares for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study provides the segmentation of the global green hydrogen market by technology, application, end-use industry, and region.

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• Technology
  • Alkaline Electrolyzer
  • Proton Exchange Membrane Electrolyzer
  • Solid Oxide Electrolyzer

• Application
  • Power Generation
  • Heating
  • Transport

• End-Use Industry
  • Food & Beverages
  • Medical
  • Chemical
  • Petrochemicals
  • Electronics
  • Glass
  • Mining
  • Others

• By Region
  • North America 
  • Asia-Pacific 
  • Europe
  • Middle East & Africa
  • South America

Key Players

• Hydrogen Systems (Denmark)
• Solena Group (US)
• Siemens Gas and Power GmbH & Co. KG (Germany)
• Engie (France)
• FuelcellWorks (US)
• Nikola Motors (US)
• Plug Power (US)
• H2X (Australia)
• Fuelcell Energy (US)
• Hydrogenics (Canada)
• Ballard Power Systems (Canada)
• Ergosup (France)
• Loop Energy (Canada)
• Syzygy Plasmonics (US)

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Tags: Green Hydrogen Market, green hydrogen, Green Hydrogen Market 2021, Green Hydrogen Market 2020, Green Hydrogen Market Size, Green Hydrogen Market Share, Green Hydrogen Market Forecast, Green Hydrogen Market Analysis See Campaign: https://www.marketresearchfuture.com/reports/green-hydrogen-market-10083
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