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Green Hydrogen Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Technology, By Application, By End Use Industry and By Region

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  • 113 Pages
  • October 2021
  • Region: Global
  • TechSci Research
  • ID: 5457882
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Global green hydrogen market is expected to grow at a significant CAGR in the forecast period, 2022-2026. The rising awareness among consumers regarding the adverse effects of harmful emissions on the environment and the ability of green hydrogen to reduce carbon emissions is contributing significantly to the global green hydrogen market’s growth. The increasing energy requirements around the globe to fulfill the needs of the rising population is boosting the need for energy generation and consumption techniques. A shift in the government’s focus to promote the generation and usage of clean fuel and the presence of favorable government policies promoting the adoption of eco-friendly fuels is expected to propel the global green hydrogen market growth in the predicted period. The introduction of incentives and subsidies by the leading authority to use renewable sources of energy as a fuel is influencing the demand of the green hydrogen market. The limited availability of fossil fuels and the volatility of the price of fossil fuel is generating the need for the adoption of renewable energy sources as an alternative. Rapid industrialization across the developing economies to satisfy the growing requirements and to improve the economic conditions of the countries is generating the demand for more energy generation.

Global green hydrogen market can be segmented into technology, application, end use industry, regional distribution, and company. Based on the regional analysis, the Europe region is expected to account for major market share in the forecast period, 2022-2026. A huge number of ongoing green energy projects and supportive government policies promoting the adoption of renewable energy are expected to accelerate the green hydrogen market growth. The huge supply of hydrogen in the region and the presence of green energy production infrastructure is boosting the global green hydrogen market demand.

The major players operating in the global green hydrogen market are Ballard Power Systems, Enapter, Engie SA, Green Hydrogen Systems, Hydrogenics, Plug Power Inc., SGH2 Energy Global LLC, Siemens Gas and Power GmbH & Co. KG., Toshiba Energy Systems & Solutions Corp., and Uniper SE, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

  • Historical Years: 2016-2019
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Period: 2022-2026

Objective of the Study:

  • To analyze the historical growth in the market size of global green hydrogen market from 2016 to 2020.
  • To estimate and forecast the market size of global green hydrogen market from 2021 to 2026 and growth rate until 2026.
  • To classify and forecast global green hydrogen market based on technology, application, end use industry, regional distribution, and company.
  • To identify dominant region or segment in the global green hydrogen market.
  • To identify drivers and challenges for global green hydrogen market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global green hydrogen market.
  • To identify and analyze the profile of leading players operating in global green hydrogen market.
  • To identify key sustainable strategies adopted by market players in global green hydrogen market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of companies across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the companies which could not be identified due to the limitations of secondary research. The publisher analyzed the companies, distribution channels and presence of all major players across the globe.

The publisher calculated the market size of global green hydrogen market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

  • Green hydrogen manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to green hydrogen market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:


In this report, global green hydrogen market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Green Hydrogen Market, By Technology

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

Global Green Hydrogen Market, By Application

  • Power Generation
  • Transport
  • Others

Global Green Hydrogen Market, By End Use Industry

  • Food & Beverages
  • Medical
  • Chemical
  • Petrochemicals
  • Glass
  • Others

Global Green Hydrogen Market, By Region

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Malaysia
  • Indonesia
  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Poland
  • Denmark
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Chile
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Iraq
  • Turkey

Competitive Landscape


Company Profiles: Detailed analysis of the major companies present in global green hydrogen market.

Available Customizations:


With the given market data, the publisher offers customizations according to a company’s specific needs.


This product will be delivered within 1-3 business days.

Table of Contents

1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Green Hydrogen Market4. Executive Summary5. Voice of Customer
6. Global Green Hydrogen Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Technology (Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer, and Solid Oxide Electrolyzer)
6.2.2. By Application (Power Generation, Transport, and Others)
6.2.3. By End Use Industry (Food & Beverages, Medical, Chemical, Petrochemicals, Glass, and Others)
6.2.4. By Region
6.2.5. By Company
6.3. Product Market Map
7. North America Green Hydrogen Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Technology
7.2.2. By Application
7.2.3. By End Use Industry
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States Green Hydrogen Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Technology
7.3.1.2.2. By Application
7.3.1.2.3. By End Use Industry
7.3.2. Canada Green Hydrogen Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Technology
7.3.2.2.2. By Application
7.3.2.2.3. By End Use Industry
7.3.3. Mexico Green Hydrogen Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Technology
7.3.3.2.2. By Application
7.3.3.2.3. By End Use Industry
8. Asia-Pacific Green Hydrogen Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Technology
8.2.2. By Application
8.2.3. By End Use Industry
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Green Hydrogen Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Technology
8.3.1.2.2. By Application
8.3.1.2.3. By End Use Industry
8.3.2. India Green Hydrogen Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Technology
8.3.2.2.2. By Application
8.3.2.2.3. By End Use Industry
8.3.3. Japan Green Hydrogen Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Technology
8.3.3.2.2. By Application
8.3.3.2.3. By End Use Industry
8.3.4. South Korea Green Hydrogen Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Technology
8.3.4.2.2. By Application
8.3.4.2.3. By End Use Industry
8.3.5. Australia Green Hydrogen Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Technology
8.3.5.2.2. By Application
8.3.5.2.3. By End Use Industry
8.3.6. Singapore Green Hydrogen Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Technology
8.3.6.2.2. By Application
8.3.6.2.3. By End Use Industry
8.3.7. Malaysia Green Hydrogen Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Technology
8.3.7.2.2. By Application
8.3.7.2.3. By End Use Industry
8.3.8. Indonesia Green Hydrogen Market Outlook
8.3.8.1. Market Size & Forecast
8.3.8.1.1. By Value
8.3.8.2. Market Share & Forecast
8.3.8.2.1. By Technology
8.3.8.2.2. By Application
8.3.8.2.3. By End Use Industry
9. Europe Green Hydrogen Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Technology
9.2.2. By Application
9.2.3. By End Use Industry
9.2.4. By Country
9.3. Europe: Country Analysis
9.3.1. Germany Green Hydrogen Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Technology
9.3.1.2.2. By Application
9.3.1.2.3. By End Use Industry
9.3.2. United Kingdom Green Hydrogen Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Technology
9.3.2.2.2. By Application
9.3.2.2.3. By End Use Industry
9.3.3. France Green Hydrogen Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Technology
9.3.3.2.2. By Application
9.3.3.2.3. By End Use Industry
9.3.4. Italy Green Hydrogen Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Technology
9.3.4.2.2. By Application
9.3.4.2.3. By End Use Industry
9.3.5. Spain Green Hydrogen Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Technology
9.3.5.2.2. By Application
9.3.5.2.3. By End Use Industry
9.3.6. Poland Green Hydrogen Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Value
9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Technology
9.3.6.2.2. By Application
9.3.6.2.3. By End Use Industry
9.3.7. Denmark Green Hydrogen Market Outlook
9.3.7.1. Market Size & Forecast
9.3.7.1.1. By Value
9.3.7.2. Market Share & Forecast
9.3.7.2.1. By Technology
9.3.7.2.2. By Application
9.3.7.2.3. By End Use Industry
10. South America Green Hydrogen Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Technology
10.2.2. By Application
10.2.3. By End Use Industry
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Green Hydrogen Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Technology
10.3.1.2.2. By Application
10.3.1.2.3. By End Use Industry
10.3.2. Argentina Green Hydrogen Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Technology
10.3.2.2.2. By Application
10.3.2.2.3. By End Use Industry
10.3.3. Colombia Green Hydrogen Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Technology
10.3.3.2.2. By Application
10.3.3.2.3. By End Use Industry
10.3.4. Chile Green Hydrogen Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Technology
10.3.4.2.2. By Application
10.3.4.2.3. By End Use Industry
11. Middle East & Africa Green Hydrogen Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Technology
11.2.2. By Application
11.2.3. By End Use Industry
11.2.4. By Country
11.3. South America: Country Analysis
11.3.1. Saudi Arabia Green Hydrogen Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Technology
11.3.1.2.2. By Application
11.3.1.2.3. By End Use Industry
11.3.2. South Africa Green Hydrogen Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Technology
11.3.2.2.2. By Application
11.3.2.2.3. By End Use Industry
11.3.3. UAE Green Hydrogen Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Technology
11.3.3.2.2. By Application
11.3.3.2.3. By End Use Industry
11.3.4. Iraq Green Hydrogen Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Technology
11.3.4.2.2. By Application
11.3.4.2.3. By End Use Industry
11.3.5. Turkey Green Hydrogen Market Outlook
11.3.5.1. Market Size & Forecast
11.3.5.1.1. By Value
11.3.5.2. Market Share & Forecast
11.3.5.2.1. By Technology
11.3.5.2.2. By Application
11.3.5.2.3. By End Use Industry
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles
14.2.1. Ballard Power Systems
14.2.2. Enapter SRL
14.2.3. Engie SA
14.2.4. Green Hydrogen Systems
14.2.5. Hydrogenics
14.2.6. Plug Power Inc.
14.2.7. SGH2 Energy Global LLC
14.2.8. Siemens Gas and Power GmbH & Co. KG.
14.2.9. Toshiba Energy Systems & Solutions Corp.
14.2.10. Uniper SE
15. Strategic Recommendations16. About the Publisher & Disclaimer

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ballard Power Systems
  • Enapter SRL
  • Engie SA
  • Green Hydrogen Systems
  • Hydrogenics
  • Plug Power Inc.
  • SGH2 Energy Global LLC
  • Siemens Gas and Power GmbH & Co. KG.
  • Toshiba Energy Systems & Solutions Corp.
  • Uniper SE

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