New Jersey, UK, November 15, 2021 (GLOBE NEWSWIRE) – Facts and Factors has released a new research report titled “Green hydrogen market by technology (alkaline electrolyzer, proton exchange membrane and solid oxide electrolyzer), by source (wind energy, solar energy and others), by application (mobility, chemistry, energy, industry, injection into the network and others), And by regions – Global and regional industrial outlook, full analysis and forecast 2021-2026 “ in its research database
“According to the latest research study, the demand for Green hydrogen market size and share is expected to reach $ 18.104.22.168 million by 2026 from $ 755 million in 2020, at a compound annual growth rate (CAGR) of 13.8% during the forecast period 2021 to 2026 “
Report Overview and Coverage: What is Green Hydrogen?
Green hydrogen refers to the fuel powered by hydrogen which is often derived from the process of electrolysis of water with electricity generated by low carbon energy sources. It is often extracted by the process of splitting water into a highly produced solution. The average global price of green hydrogen often drops from the highest price to the lowest price. However, the current volume of green hydrogen is often produced by fossil fuel sources, with the bulk of these coming from carbon-based sources.
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- 2020 updated Report Introduction, Industry Overview and In-Depth Analysis
- Impact analysis of the COVID-19 epidemic included
- Research report of over 197 pages (inclusion of updated research)
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- Updated regional analysis 2020 with graphical representation of size, share and trends
- Includes updated list of tables and figures
- The updated report includes major market players with their business strategy, sales volume, and revenue analysis
- Facts and Factors Research Methodology
(Note: The sample in this report is updated with the COVID-19 impact analysis before delivery)
Major players in the industry market
- Liquid air
- Air Products and Chemicals Inc.
- Uniper SE
- Green hydrogen
- Toshiba Energy Systems & Solutions Corp
- Nel ASA
- Cummincs Inc.
- Guangdong Nation-Synergy Hydrogen Power Technology Co. Ltd
- Liquid air
- Air Products and Chemicals Inc.
Key questions answered in this report:
- What is the projected market size and growth rate of the Green Hydrogen market?
- What are the key factors driving the growth of the Green Hydrogen market?
- What are the major companies operating in the Green Hydrogen market?
- What segments are covered by the Green Hydrogen Market?
- How can I get free sample Green Hydrogen Market Company Reports / Profiles?
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Market growth drivers
The global green hydrogen market is expected to post higher market revenues during the forecast period owing to the increasing number of government policies promoting the popularity of green hydrogen in the energy sector, as well as growing environmental concerns about increasing carbon emissions from fossil fuels. usage to name a few. In addition, the growing presence of projects associated with the integration of green hydrogen coupled with the increased allocation of resources entirely dedicated to the transport of the latter will increase the footprint of the global green hydrogen market over the course of the year. advent of the forecast period. In addition, the ability of green hydrogen to be easily stored and used at a later rate and the increasing adoption of the fuel will push the existing limits of the global green hydrogen market to a new horizon.
The global green hydrogen market is driven by increasing demand for lower cost of renewable energy production from all sources, coupled with higher demand for FCEVs and the power sector, to name only a few. Factors related to the increasing integration of green hydrogen in the mobility sector, coupled with the rise of government initiatives for the creation of individual ecosystems, will increase the consumer base for the global green hydrogen market in the world. during the advent of the forecast period. However, a higher capital cost of the electrolyzer coupled with a low presence of lower cost hydrogen generating devices will reduce the growth of the global green hydrogen market to some extent.
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Global Green Hydrogen Market: Scope of the Report
|Market size 2020 value||$ 755 million|
|Market forecast for 2026||$ 1,423.2 million|
|Expected CAGR growth||CAGR 13.8% from 2021-2026|
|Year of reference||2020|
|Best market players||Linde, Air Liquide, Air Products and Chemicals, Inc., Uniper SE, Siemens, Green Hydrogen, Hydrogenics and others|
|Covered segments||Technology, source, applications and region|
|Geographical areas covered||North America, Europe, Asia-Pacific, Latin America, Middle East and Africa|
|Pricing options||Request personalized purchasing options to meet your research needs. Explore purchasing options|
The global green hydrogen market is segmented into technology, source, application, and region.
The global green hydrogen market is divided into alkaline electrolyzer, proton exchange membrane and solid oxide electrolyzer on the basis of technology. Alkaline Electrolytes segment is expected to gain the largest market share during the advent of the forecast period due to the increased preference of Alkaline Electrolytes over its counterparts due to a coupled conventional usage scenario. at a lower running cost to name a few. On the basis of source, the global green hydrogen market is categorized into wind power, solar power, and others. Wind power segment is expected to gain the largest market share during the advent of the forecast period due to greater adoption of this latest technology coupled with easy availability of the latter for no name a few. The global green hydrogen market is fragmented into mobility, chemicals, energy, industrial, grid injection and others on the basis of application. Mobility category is expected to occupy the largest market share during the advent of the forecast period due to the use of mobility sector in on and off road solutions, transportation, rail, road sea and aviation, the latter being a viable and sustainable means. medium source to name a few.
Browse the detailed report on Green Hydrogen Market Size and Growth Forecast [2021-2026]
Also read, Green Hydrogen Industry Press Release [2021-2026]
- Europe will flourish during the advent of the forecast period
Europe is expected to experience the largest market share during the advent of the forecast period due to increasing investment opportunities in this latter sector coupled with the region aiming for a strong energy transition state to name only a few. Moreover, regions adopting more clean energy policy coupled with increasing installation of large scale PEM electrolyzers will increase the green hydrogen market footprint during the advent of the forecast period. Factors related to an aggressive site decarbonization strategy such as phasing out public gasoline and diesel buses coupled with the increase in the number of development projects will drive the growth of the green hydrogen market over the course of the advent of the forecast period.
Browse in full “Green hydrogen market by technology (alkaline electrolyzer, proton exchange membrane and solid oxide electrolyzer), by source (wind energy, solar energy and others), by application (mobility, chemistry, energy, industry, injection into the network and others), And by regions – Global and regional industrial outlook, full analysis and forecast 2021-2026 ” in relation to https://www.fnfresearch.com/green-hydrogen-market
The global green hydrogen market is segmented into:
Global Green Hydrogen Market: Analysis by Technology Segment
- Alkaline electrolyser
- Proton exchange membrane
- Solid oxide electrolyser
Global Green Hydrogen Market: Source Segment Analysis
- Wind energy
- Solar energy
Global Green Hydrogen Market: Analysis by Application Segment
- Grid injection
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