According to a market report by Lucintel, the future of the global green hydrogen market looks promising with opportunities in the power generation, transportation, industry energy, industry feedstock, and building heat & power applications. The global green hydrogen market is expected to reach an estimated $14 billion by 2030 from $2 billion in 2024, at a CAGR of 43.1% from 2024 to 2030. The major drivers for this market are increasing demand for renewable energy solutions, rising government support for green hydrogen projects, and growing preference for nuclear and green hydrogen fuels.
A more
than 150-page report to understand trends, opportunity and forecast in global green
hydrogen market to 2030 by source (solar, wind, and others), technology (proton
exchange membrane electrolyzer, alkaline electrolyzer, solid oxide
electrolyzer, and others), distribution channel (pipeline and cargo),
application (power generation, transportation, industry energy, industry
feedstock, building heat & power, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the technology category, alkaline electrolyzer will
remain the largest segment due to its significant use in green hydrogen
projects given to its longer operating hours, easy availability, and
affordability.
Within the
application category, transportation will remain the largest segment due to
considerable usage of hydrogen fuel cell in this sector given to its energy
efficiency.
Download
sample by clicking on green hydrogen
market.
In terms
of regions, Europe will remain the largest region due to growing demand for
clean hydrogen-based economy and presence of key manufacturer in the region.
Air
Liquide, Air Products, Bloom Energy, Cummins, Engie, Linde, Nel, Siemens
Energy, Toshiba Energy Systems & Solutions, Uniper are the major suppliers
in the green hydrogen market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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