Meticulous Research(R)의 조사 보고서 "그린 수소 시장 : 생성 공정별(PEM, 알칼리, 고체 산화물), 에너지원별(풍력, 수력), 용도별(연료 개발, 원료), 최종사용자별(운송, 화학 생산, 발전), 지역별 - 세계 예측(-2031년) "보고서는 주요 5개 지역의 그린 수소 시장을 상세히 분석하여 현재 시장 동향, 시장 규모, 시장 점유율, 최근 동향, 2031년까지의 예측 등에 대해 조사 분석하였습니다.
녹색 수소 시장은 2024년부터 2031년까지 43.1%의 CAGR로 2031년까지 188억 달러에 달할 것으로 예상됩니다.
연료전지전기차(FCEV)의 그린 수소 수요 증가, 화학제품 생산에 그린수소 사용 증가, 정부의 제로배출을 위한 이니셔티브 증가 등이 이 시장의 성장을 촉진하고 있습니다. 그러나 높은 제조비용이 이 시장의 성장을 저해하는 요인으로 작용하고 있습니다.
시장 개척 기업들의 전기분해 기술 개발에 대한 투자 증가와 탄소 배출량을 줄이기 위해 다양한 산업 분야에서 그린수소 채택이 증가함에 따라 시장 성장의 기회가 창출될 것으로 예상됩니다. 그러나 복잡하고 비용이 많이 드는 저장 및 운송 프로세스는 이 시장에서 사업을 전개하는 기업들에게 큰 도전이 되고 있습니다.
또한, 그린 수소 생산에 물과 전력을 사용하는 경향이 강해지고 있는 것도 이 시장의 두드러진 추세입니다.
(참고 : 상위 5개사 SWOT 분석을 제공 예정입니다)
Green Hydrogen Market by Generation Process (PEM, Alkaline, Solid Oxide), Energy Source (Wind, Hydropower), Application (Fueling, Feedstock), End User (Transportation, Chemical Production, Power Generation), and Geography-Global Forecast to 2031
The research report titled 'Green Hydrogen Market by Generation Process (PEM, Alkaline, Solid Oxide), Energy Source (Wind, Hydropower), Application (Fueling, Feedstock), End User (Transportation, Chemical Production, Power Generation), and Geography-Global Forecast to 2031' from Meticulous Research(R) provides an in-depth analysis of the green hydrogen market across five major geographies and focuses on the current market trends, market sizes, market shares, recent developments, and forecasts to 2031.
The green hydrogen market is projected to reach $18.8 billion by 2031, at a CAGR of 43.1% from 2024 to 2031.
The growth of this market is driven by the increasing demand for green hydrogen in fuel cell electric vehicles (FCEVs), the increasing use of green hydrogen in chemical production, and rising government initiatives for net zero-emission. However, the high cost of production restrains the growth of this market.
Increasing investments by market players in electrolysis technology development and the growing adoption of green hydrogen across various industries to reduce carbon footprints are expected to create market growth opportunities. However, the complex and costly storage & transportation processes pose significant challenges for players operating in this market.
Additionally, the increasing use of water and electricity for green hydrogen production is a prominent trend in this market.
The green hydrogen market is segmented by generation process (proton exchange membrane electrolysis, alkaline electrolysis, and solid oxide electrolysis), energy source (Wind, solar, hydropower, and other energy sources), application (fueling, feedstock, heat processing, energy storage, and other applications), end-user (transportation [shipping, aviation, cars, railway, and trucks], chemical production, healthcare, steel production, petroleum refinery, power generation, and other end users), and geography. This study also evaluates industry competitors and analyses the market at the regional and country levels.
Based on generation process, the green hydrogen market is segmented into proton exchange membrane electrolysis, alkaline electrolysis, and solid oxide electrolysis. In 2024, the proton exchange membrane electrolysis segment is expected to account for the largest share of the green hydrogen market. This segment's large market share can be attributed to the increasing adoption of PEM electrolysis, which operates efficiently at high current densities and is environmentally friendly. Additionally, the proliferation of low-carbon hydrogen production projects and the rising focus on advancing fuel cell technology contribute to the growth of this segment. Moreover, the proton exchange membrane electrolysis segment is projected to register the highest CAGR during the forecast period.
Based on energy source, the green hydrogen market is segmented into wind, solar, hydropower, and other energy sources. In 2024, the hydropower segment is expected to account for the largest share of the green hydrogen market. The large market share of this segment is attributed to the increasing demand for renewable energy in hydrogen production, driven by government initiatives aimed at reducing dependency on fossil fuels for power generation. Moreover, the hydropower segment is projected to register the highest CAGR during the forecast period.
Based on application, the green hydrogen market is segmented into fueling, feedstock, heat processing, energy storage, and other applications. In 2024, the feedstock segment is expected to account for the largest share of the green hydrogen market. The large market share of this segment is attributed to the increasing adoption of green hydrogen in chemical production and increasing government initiatives promoting its use due to its zero-carbon footprint.
However, the fueling segment is projected to register the highest CAGR during the forecast period. This segment's growth is driven by the increasing adoption of green hydrogen as a sustainable alternative to fossil fuels and government initiatives aimed at promoting clean & sustainable energy sources to achieve zero-carbon objectives.
Based on end user, the green hydrogen market is segmented into transportation, chemical production, healthcare, steel production, petroleum refinery, power generation, and other end users. In 2024, the chemical production segment is expected to account for the largest share of the green hydrogen market. The large market share of this segment is attributed to the growing adoption of green hydrogen to reduce carbon emissions, the increasing use of green hydrogen to produce sustainable methanol and ammonia, the increasing demand for highly efficient energy sources for refineries, and the rising use of green methanol as a clean energy resource.
However, the transportation segment is projected to register the highest CAGR during the forecast period. This segment's growth is driven by the increasing adoption of fuel-cell electric vehicles (FCEVs), rising demand for green hydrogen to reduce carbon emissions, increasing fueling solutions for various transportation and motive power applications, and the increasing use of green hydrogen to minimize greenhouse gas emissions, reduce oil dependency, and decrease air pollutants.
Based on geography, the green hydrogen market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of the green hydrogen market. North America's significant market share can be attributed to the increasing adoption of clean energy solutions in sectors like power generation and transportation and rising government initiatives & investments in green hydrogen production to reduce emissions.
However, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth of this regional market is driven by large-scale investments in clean hydrogen production, increasing adoption of green hydrogen in power generation, and initiatives to expand infrastructure capabilities for large-scale green hydrogen storage.
The key players operating in the green hydrogen market include FuelCell Energy, Inc. (U.S.), Bloom Energy Corporation (U.S.), Plug Power Inc. (U.S.), Air Products and Chemicals, Inc. (U.S.), and China Petrochemical Corporation. (China), L'AIR LIQUIDE S.A. (France), Linde plc (Ireland), Green Hydrogen Systems A/S (Denmark), McPhy Energy (France), ITM Power PLC (U.K.), Nel ASA (Norway), Ballard Power Systems Inc. (Canada), ENGIE SA (France), Repsol S.A. (Spain), and Iberdrola, S.A. (Spain).
Green Hydrogen Market Assessment-by Generation Process
Green Hydrogen Market Assessment-by Energy Source
Green Hydrogen Market Assessment-by Application
Green Hydrogen Market Assessment-by End User
Green Hydrogen Market Assessment-by Geography
(Note: SWOT Analysis of the Top 5 Companies Will Be Provided)