Clean Hydrogen Market Size will reach USD 5.95 Billion by 2030

According to Precedence Research, during the forecast period of 2022 to 2030, the global clean hydrogen market is estimated to develop at a compound annual growth rate (CAGR) of 17.36%. The global clean hydrogen market was valued at USD 1.41 billion in 2021, and it is predicted to exceed USD 5.95 billion by 2030. The study investigates several elements and their consequences on the growth of the clean hydrogen market.

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This report focuses on clean hydrogen market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall clean hydrogen market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

Report Scope of the Clean Hydrogen Market

Report Coverage Details
Market Size by 2030 USD 5.95 Billion
Growth Rate from 2022 to 2030 CAGR of 17.36%
Europe Market Share in 2021 57%
Alkaline Electrolyzer Segment Market Share in 2021 59%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Technology, End User, Geography

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of clean hydrogen, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of clean hydrogen has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the clean hydrogen market.

Some of the prominent players in the clean hydrogen market include:

  • Air Products Inc
  • Clean Hydrogen System
  • Cummins Inc
  • Toshiba Energy System & Solution Corporation
  • Nel ASA
  • SGH2 Energy
  • SunGreenH2
  • Lindeplc
  • Air Liquide
  • Engie

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Segments Covered in the Report

By Technology

  • Alkaline electrolyzer
  • PEM electrolyzer
  • SOE electrolyzer

By End User

  • Transport
  • Power generation
  • Industrial
  • Others

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

  • What can be the best investment choices for venturing into new product and service lines?
  • What value propositions should businesses aim at while making new research and development funding?
  • Which regulations will be most helpful for stakeholders to boost their supply chain network?
  • Which regions might see the demand maturing in certain segments in near future?
  • What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
  • Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
  • Which government regulations might challenge the status of key regional markets?
  • How will the emerging political and economic scenario affect opportunities in key growth areas?
  • What are some of the value-grab opportunities in various segments?
  • What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Clean Hydrogen Market 

5.1. COVID-19 Landscape: Clean Hydrogen Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Clean Hydrogen Market, By Technology

8.1. Clean Hydrogen Market, by Technology Type, 2022-2030

8.1.1. Alkaline electrolyzer

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. PEM electrolyzer

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. SOE electrolyzer

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Clean Hydrogen Market, By End User

9.1. Clean Hydrogen Market, by End User, 2022-2030

9.1.1. End User

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Power generation

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Industrial

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Clean Hydrogen Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Technology (2017-2030)

10.1.2. Market Revenue and Forecast, by End User (2017-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Technology (2017-2030)

10.1.3.2. Market Revenue and Forecast, by End User (2017-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Technology (2017-2030)

10.1.4.2. Market Revenue and Forecast, by End User (2017-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Technology (2017-2030)

10.2.2. Market Revenue and Forecast, by End User (2017-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Technology (2017-2030)

10.2.3.2. Market Revenue and Forecast, by End User (2017-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Technology (2017-2030)

10.2.4.2. Market Revenue and Forecast, by End User (2017-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Technology (2017-2030)

10.2.5.2. Market Revenue and Forecast, by End User (2017-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Technology (2017-2030)

10.2.6.2. Market Revenue and Forecast, by End User (2017-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Technology (2017-2030)

10.3.2. Market Revenue and Forecast, by End User (2017-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Technology (2017-2030)

10.3.3.2. Market Revenue and Forecast, by End User (2017-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Technology (2017-2030)

10.3.4.2. Market Revenue and Forecast, by End User (2017-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Technology (2017-2030)

10.3.5.2. Market Revenue and Forecast, by End User (2017-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Technology (2017-2030)

10.3.6.2. Market Revenue and Forecast, by End User (2017-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Technology (2017-2030)

10.4.2. Market Revenue and Forecast, by End User (2017-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Technology (2017-2030)

10.4.3.2. Market Revenue and Forecast, by End User (2017-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Technology (2017-2030)

10.4.4.2. Market Revenue and Forecast, by End User (2017-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Technology (2017-2030)

10.4.5.2. Market Revenue and Forecast, by End User (2017-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Technology (2017-2030)

10.4.6.2. Market Revenue and Forecast, by End User (2017-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Technology (2017-2030)

10.5.2. Market Revenue and Forecast, by End User (2017-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Technology (2017-2030)

10.5.3.2. Market Revenue and Forecast, by End User (2017-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Technology (2017-2030)

10.5.4.2. Market Revenue and Forecast, by End User (2017-2030)

Chapter 11. Company Profiles

11.1. Air Products Inc

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Clean Hydrogen System

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Cummins Inc

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Toshiba Energy System & Solution Corporation

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Nel ASA

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. SGH2 Energy

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. SunGreenH2

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Lindeplc

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Air Liquide

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Engie

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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