Dublin, June 28, 2023 (GLOBE NEWSWIRE) -- The "Green Hydrogen Market Report 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The Green Hydrogen market is forecast to surpass US$2.829 billion in 2023.
The market for green hydrogen is expected to grow rapidly in the coming years as governments and companies around the world invest in the technology to reduce carbon emissions and meet climate change goals.
One of the major drivers of the green hydrogen market is the increasing demand for clean energy. As the world shifts away from fossil fuels and towards renewable energy sources, green hydrogen is seen as a viable alternative for many applications, including transportation, industrial processes, and power generation.
Another driver of the market is government support and funding. Many countries, including the European Union and the United States, have announced plans to invest in green hydrogen production and infrastructure. This is expected to drive the development of new technologies and the expansion of existing ones, helping to bring down the cost of green hydrogen and making it more competitive with fossil fuels.
However, the market is also facing some challenges, such as the high cost of production, lack of infrastructure and the difficulty of storing and transporting hydrogen. The technology is still in its early stages, and more research and development is needed to bring down the cost and increase the efficiency of green hydrogen production.
Key Questions Answered in the Report:
- How is the green hydrogen market evolving?
- What is driving and restraining the green hydrogen market?
- How will each green hydrogen submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
- How will the market shares for each green hydrogen submarket develop from 2023 to 2033?
- What will be the main driver for the overall market from 2023 to 2033?
- Will leading green hydrogen markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
- Who are the leading players and what are their prospects over the forecast period?
- What are the green hydrogen projects for these leading companies?
- How will the industry evolve during the period between 2023 and 2033? What are the implications of green hydrogen projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the green hydrogen market?
- Where is the green hydrogen market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
Segments Covered in the Report
Market Segment by Technology
- Alkaline Electrolyzer
- Polymer Electrolyte Membrane (PEM) Electrolyzer
- Solid Oxide Electrolyzer
- Other Technology
Market Segment by Renewable Source
- Solar Energy
- Wind Energy
- Geothermal Energy
- Hydropower
- Hybrid of Wind & Solar
Market Segment by Application
- Mobility
- Industrial Uses
- Chemical Production
- Grid Injection
- Power Generation
- Other Applications
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets.
The report also includes profiles and for some of the leading companies in the Green Hydrogen Market, 2023 to 2033, with a focus on this segment of these companies' operations.
Leading companies and the potential for market growth
- Air Liquide
- Air Products and Chemicals
- Cummins
- Engie
- Guangdong Nation-Synergy Hydrogen Power Technology
- Linde
- Nel ASA
- Siemens Energy
- Toshiba Energy Systems & Solutions Corporation
- Uniper
Key Topics Covered:
1 Report Overview
2 Executive Summary
3 Premium Insights
3.1 Geographical Snapshot: Global Green Hydrogen Market
3.2 Technology Segment
3.3 Renewable Segment
3.4 Application Segment
4 Market Overview
4.1 Key trends
4.2 Market Dynamics
4.3 COVID-19 Impact Analysis
4.4 SWOT Analysis
4.5 Porter's Five Forces Analysis
4.6 PESTLE Analysis
5 Global Green Hydrogen Market Analysis
5.1 Key Findings
5.1.1 Global Green Hydrogen Market Forecast
5.1.2 Global Green Hydrogen Market by Region
5.1.3 Global Green Hydrogen Market by Technology
5.1.4 Global Green Hydrogen Market by Renewable Source
5.1.5 Global Green Hydrogen Market by Application
6 Global Green Hydrogen Market Analysis by Technology
6.1.1 Global Green Hydrogen Market by Technology: Market Attractiveness Index
6.1.2 Global Green Hydrogen Market Share Index by Technology
6.1.3 Global Green Hydrogen Market by Technology
6.2 Alkaline Electrolyser
6.3 Polymer Electrolyte Membrane (PEM) Electrolyser
6.4 Solid Oxide Electrolyser
6.5 Other Technology
7 Global Green Hydrogen Market Analysis by Renewable Source
7.1.1 Global Green Hydrogen Market by Renewable Source: Market Attractiveness Index
7.1.2 Global Green Hydrogen Market Share Index by Renewable Source
7.1.3 Global Green Hydrogen Market by Renewable Source
7.2 Solar Energy
7.3 Wind Energy
7.4 Geothermal Energy
7.5 Hydropower Energy
7.6 Hybrid of Wind and Solar
8 Global Green Hydrogen Market Analysis by Application
8.1.1 Global Green Hydrogen Market by Application: Market Attractiveness Index
8.1.2 Global Green Hydrogen Market Share Index by Application
8.1.3 Global Green Hydrogen Market by Application
8.2 Mobility industry
8.3 Industrial Uses
8.4 Chemical Production
8.5 Grid Injection
8.6 Power Generation
8.7 Other Applications
9 North America Green Hydrogen Market Analysis
10 Europe Green Hydrogen Market Analysis
11 Asia-Pacific Green Hydrogen Market Analysis
12 Latin America Green Hydrogen Market Analysis
13 Middle East & Africa Green Hydrogen Market Analysis
14 Company Profiles
14.1 Siemens Energy
14.2 Toshiba Energy Systems & Solutions Corporation
14.3 Nel ASA
14.4 Linde
14.5 Cummins
14.6 Guangdong Nation-Synergy Hydrogen Power Technology
14.7 Air Liquide
14.8 Air Products and Chemicals
14.9 Uniper
14.10 Engie
15 Conclusion and Recommendations
15.1 Concluding Remarks
15.2 Recommendations for Market Players
15.2.1 Invest in Research and Development of Advanced Electrolysis Technologies
15.2.2 Partner with Renewable Energy Developers
15.2.3 Develop Hydrogen Storage and Transportation Infrastructure
15.2.4 Promote the Use of Green Hydrogen in Various Sectors
15.2.5 Collaborate with Other Key Players
For more information about this report visit https://www.researchandmarkets.com/r/amc6m8
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