The global green hydrogen market size is expected to reach USD 2,565.7 million in 2028 and register a revenue CAGR of 14.1% over the forecast period, according to the latest report by Emergen Research. However, factors such as high cost of production, challenges in storage, and dependency on fossil fuels are restraining green hydrogen market revenue growth to some extent. Absence of proper transportation infrastructure is also hindering market growth. Despite these barriers, a continuous decrease in production costs of renewable energy, technological advancements, and economies of scale can result in reduction in green hydrogen costs.
The latest market research report on green hydrogen market, samples and measures quality data on the overall business environment for the forecast period 2021-2027. Comprehensive data on growing investment pockets evaluated in the report on green hydrogen market are powered and backed by human answers. Comprehensive coverage of aspects such as market potential, size, share, and growth aims at creating an equation for profitability- whether stakeholders, business owners, and field marketing executives need to understand their market foothold
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Top Companies Operating in the Green Hydrogen Market and Profiled in the Report are:
AIR LIQUIDE, Engie, Siemens, Royal Dutch Shell PLC, Ballard Power Systems, Plug Power Inc., SGH2 Energy Global LLC, Cummins Inc., Linde, and Guangdong Nation-Synergy Hydrogen Power Technology Co., Ltd.
Objectives of the Report:
- Study of the global Green Hydrogen market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Green Hydrogen market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Green Hydrogen market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Green Hydrogen market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Emergen Research has segmented global green hydrogen market on the basis of technology, renewable resources, application, end-use, and region:
Technology Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
- Alkaline Electrolysis
- Proton Exchange Membrane (PEM) Electrolysis
Renewable Resources (Revenue, USD Million, Volume, Kilotons; 2018–2028)
- Solar Resources
- Water Resources
- Wind Resources
Application Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
- Power generation
- Transport
- Others
End-use Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
- Medical
- Chemical
- Petrochemicals
- Grid injection
- Others
In market segmentation by geographical regions, the report has analysed the following regions-
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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