Markntel Advisors’ report, Green Hydrogen Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Green Hydrogen presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Green Hydrogen Market Research Report & Market Summary:

The Global Green Hydrogen Market is estimated to grow at a CAGR of around 51.23 % during the forecast period, i.e., 2024-30. The demand for Green Hydrogen witnessed a notable rise globally during the past years due to increasing awareness of environmental sustainability, stringent regulations promoting eco-friendly practices, and a growing preference for renewable & bio-based materials.

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Green Hydrogen Market Dynamics:

Key Driver-

Increasing Government Support for the Production of Green Hydrogen – Green Hydrogen plays a critical role in decreasing the dependence on energy imports, safeguarding the environment, and satisfying the growing energy needs globally. In relation to this, governments are developing hydrogen strategies and taking necessary initiatives by providing their support to drive economies towards green hydrogen in refineries, fertilizers, and gas networks across the globe.

Moreover, the Asia-Pacific countries such as Japan, Singapore, Korea, and China promote global supply chains and progress pertinent technologies that have gained the attention of scientists, investors, and governmental bodies towards the utilization of green hydrogen at large. For instance:

• In 2021, the European Commission implemented various intermediate proposals to decrease 55% of greenhouse gas emissions by 2030 as a part of the European Green Deal (EGD) Project.

The EGD is a long-term policy initiative of the EU that focuses on the climate strategy to reach net zero emissions by 2050 and provide a roadmap towards a green economic growth strategy.

Green Hydrogen Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Technology

• Proton Exchange Membrane Electrolyzer– Market Size & Forecast 2024-2030F (Thousand Tons)
• Alkaline Electrolyzer– Market Size & Forecast 2024-2030F (Thousand Tons)
• Solid Oxide Electrolyzer– Market Size & Forecast 2024-2030F (Thousand Tons)
• Others– Market Size & Forecast 2024-2030F (Thousand Tons)

The Proton Exchange Membrane (PEM) Electrolyzer is expected to capture a notable share of the Green Hydrogen Market in the coming years, owing to its benefits over the other technologies, such as better rate of hydrogen production, compact design, and higher energy efficiency. Several companies have opted for this green hydrogen technology.

By Energy Source

• Solar– Market Size & Forecast 2024-2030F (Thousand Tons)
• Wind– Market Size & Forecast 2024-2030F (Thousand Tons)
• Other Renewable Sources– Market Size & Forecast 2024-2030F (Thousand Tons)

By End Users

• Power Generation & Energy Storage– Market Size & Forecast 2024-2030F (Thousand Tons)
• Automotive & Transportation– Market Size & Forecast 2024-2030F (Thousand Tons)
• Industrial Feedstock
  • Refineries & Petrochemicals– Market Size & Forecast 2024-2030F (Thousand Tons)
  • Steel & Cement Manufacturing– Market Size & Forecast 2024-2030F (Thousand Tons)
  • Others (Food & Beverage, etc.) – Market Size & Forecast 2024-2030F (Thousand Tons).

Automotive & Transportation is expected to hold a notable share in the Global Green Hydrogen Market in the forthcoming years. The progressive developments to achieve carbon neutrality by 2030, several car manufacturers have taken different approaches to reduce carbon emissions by using alternative and cleaner fuels to power automobiles, including cars, buses, etc.

As indicated in the latest market research report published by Markntel Advisors, “Green Hydrogen Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Green Hydrogen industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/global-green-hydrogen-market.html

Top Companies Operating in the Green Hydrogen Market:

• Cummins
• MHI
• Stiesdal A/S
• Siemens
• Thyssenkrupp
• Other Potential Players
• Renewable Power Generation Solution Providers
• Acme Group
• General Electric
• Enel Green Power
• Azure Power
• AMEA Power
• Statkraft
• Green Hydrogen Manufacturing Company
• Air Liquide
• Linde
• Air Products
• GAIL Limited
• Shell Plc
• TotalEnergies
• Adani Group
• Other Potential Players

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

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Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & Green Hydrogen Market adoption?
5. How has the competition been shaping up across the geography?

6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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