Green Hydrogen Market Size & Share, by Technology (Proton Exchange Membrane Electrolyzer, Solid Oxide Electrolyzer, Alkaline Electrolyzer); Application (Power Generation, Transport); End-user (Medical, Food & Beverages, Chemical, Glass, Petrochemicals) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4778
  • Published Date: Apr 03, 2023
  • Report Format: PDF, PPT

Companies Dominating the Green Hydrogen Landscape

    • Siemens Energy
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Cummins Inc.
    • Linde plc
    • ITM Power plc
    • Nel ASA
    • Air Products and Chemicals Inc.
    • Iwatani Corporation Ltd.
    • Messer SE & Co. KGaA
    • Adani Group
    • Air Liquide

Browse Key Market Insights with Data Illustration:


In The News

  • Siemens Energy collaborated with Air Liquide to increase the production of renewable hydrogen electrolyzers in Europe for industrial purposes. A sustainable hydrogen economy would be able to take off in Europe owing to this Franco-German alliance. Production is anticipated to start in the second half of 2023 and build up to a three gigawatt annual production capacity by 2025.

  • Adani Group announced their plan to invest USD 20 billion for the generation of renewable energy. This is likely to involve investments with possible partners for the production of electrolyzers.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4778
  • Published Date: Apr 03, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing production and demand for hydrogen, and the growing need to reduce carbon emissions are the major factors driving the market growth.

The market size of green hydrogen is anticipated to attain a CAGR of 61% over the forecast period, i.e., 2023-2035.

Lack of adequate infrastructure, high demand for investment, and the transportation and storage of green hydrogen can be tricky is estimated to be the growth hindering factors for the market expansion.

The market in the Europe region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Cummins Inc., Linde plc, ITM Power plc, Nel ASA, Air Products and Chemicals Inc., Iwatani Corporation Ltd., Messer SE & Co. KGaA, Adani Group, Air Liquide, and Siemens Energy.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by technology, application, end use industry, and by region.

The transport segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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