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Green Hydrogen Market Share

  • Report ID: GMI5349
  • Published Date: Sep 2022
  • Report Format: PDF

Green Hydrogen Market Share

Some of the leading players operating in the green hydrogen market include

  • Siemens Energy
  • Plug Power Inc.
  • Cummins Inc.
  • Air Liquide
  • Linde plc
  • Air Products Inc.
  • Iberdrola
  • S.A.
  • Hiringa Energy Limited
  • Engie
  • Lhyfe
  • GH2
  • CWP Global
  • ACME
     

These companies are utilizing strategic partnerships, acquisition & mergers and developing new projects through closed collaborations to boost their market presence. For example, in July 2022, Iberdrola, S.A. collaborated with BP to decarbonize the transport & industrial sectors and accelerate the EV charging infrastructure & green hydrogen generation hubs in Spain, Portugal, and the UK. The two companies plan to expand green hydrogen production facility with a capacity of up to 600ktpa integrated with renewable power. The agreement will strengthen the company’s position across the industry and contribute to the green energy transition.

Authors: Ankit Gupta, Sristhi Agrawal

Frequently Asked Questions (FAQ) :

The global market valuation of green hydrogen exceeded USD 9.6 million in 2023 and is projected to grow at over 31% CAGR between 2024 and 2032.

The PEM technology is estimated to grow at a rate of over 70% through 2022-2030, as the technology uses renewable electricity and water to produce green hydrogen.

The Germany industry size is projected to be over USD 6 billion by 2030, supported by the new government initiatives to boost the adoption of clean energy sources.

Some of the leading players in the market include Siemens Energy, Plug Power Inc., Cummins Inc., Air Liquide, Linde plc, Air Products Inc., and Iberdrola, S.A., among a few others.

Green Hydrogen Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 634
  • Countries covered: 17
  • Pages: 400
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