Green Hydrogen Market Analysis and Forecast to 2033: By Technology (Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer, Others), Distribution Channel (Pipeline, Cargo, Ships), Source (Solar Energy, Wind Energy, Others), End-Use (Power Generation, Transportation, Chemical Feedstock, Others), and Region

The green hydrogen market size was more than USD 5.0 billion in 2023, and it is expected to grow at a rate of over 48.5% from 2024 to 2033.

Green hydrogen is a type of hydrogen produced through the electrolysis of water using renewable energy sources. The process of electrolysis splits water molecules into hydrogen and oxygen atoms using an electric current. The hydrogen produced can be used in a variety of ways, including as a fuel for vehicles or as a way to store energy.

A key advantage of green hydrogen is that it does not produce greenhouse gas emissions when used. This is in contrast to traditional hydrogen, which is produced from natural gas and emits carbon dioxide when burned. Green hydrogen can therefore help reduce greenhouse gas emissions and combat climate change.

Global Green Hydrogen Market Scope and Report Structure
Report Attribute Details
Market Size in 2023$5 Bn
Historic Period2018-2023
Forecast Period2024-2033
Base Year2023
Segments CoveredTechnology, Source, Distribution Channel, End-use, and Region
Regional ScopeNorth America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Key CompaniesAir Liquide, Nel Hydrogen, ITM Power, Linde, PowerCell, Plug Power, Ballard Power Systems, Hydrogenics, FuelCell Energy, McPhy Energy, Air Products and Chemicals
Analysis CoverageMarket Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments
Green Hydrogen Market Trends

There has been a growing interest in green hydrogen technology in the past decade. This is due to the many potential benefits that this technology can offer. Some of the key trends in green hydrogen technology include the following:

  • Increased Efficiency: One of the main trends in green hydrogen technology is the increased efficiency of electrolyzers. This is important because it means that more hydrogen can be produced from renewable energy sources.
  • Cost reductions: Another trend is the reduction in the cost of green hydrogen technology. This is due to the improved efficiency of electrolyzers and the development of new technologies.
  • Improved Storage: Another trend is the improved storage of green hydrogen. This is due to the development of new storage technologies, such as metal hydrides.
  • Increased Use: Another trend is the increased use of green hydrogen. This is due to the many potential applications of green hydrogen, such as in fuel cells and as a chemical feedstock.
  • Increased Investment: Another trend is the increased investment in green hydrogen technology. This is due to the growing interest in this technology and the potential benefits it can offer.
Green Hydrogen Market Drivers

There are many factors that are driving the green hydrogen market. One of the most important drivers is the need to decarbonize the economy and move to cleaner energy sources. Hydrogen is seen as a key part of this transition, as it can be used in a variety of ways to replace fossil fuels. For example, it can be used as a fuel for transportation, as a way to store energy, and as a feedstock for various industrial processes.

Another key driver of the green hydrogen market is the falling cost of production. Thanks to advances in technology, it is now possible to produce hydrogen more cheaply and efficiently than ever before. This is making it increasingly competitive with other energy sources, such as natural gas.

Finally, there is growing political support for green hydrogen. Many countries are now committing to hydrogen targets as part of their climate change mitigation plans. This is providing a boost to the market and is helping to drive investment in the sector.

Green Hydrogen Market Restraints & Challenges

The cost of producing hydrogen gas from renewable energy sources is currently higher than the cost of producing hydrogen gas from fossil fuels. In order to make the hydrogen economy economically viable, the cost of producing hydrogen gas from renewable energy sources must be reduced. There are a number of ways to reduce the cost of electrolysis, including improving the efficiency of electrolyzers, using renewable energy sources such as solar and wind power, and using nuclear power.

Another challenge in the development of a hydrogen economy is the need to develop a hydrogen infrastructure, including a network of hydrogen production and distribution facilities. The infrastructure required to support a hydrogen economy is currently not in place. In order to develop a hydrogen economy, it will be necessary to invest in the development of a hydrogen infrastructure.

Green Hydrogen Market Segments

The Green Hydrogen market has been segmented into technology, distribution channel, source, end-use, and region.

Green Hydrogen Market by Technology

By technology, the market is classified into proton exchange membrane (PEM) electrolyzer, alkaline electrolyzer, and others. The alkaline electrolyzer segment accounted for the majority of the green hydrogen market share in 2023, and the proton exchange membrane (PEM) electrolyzer segment is expected to be the fastest-growing segment during the forecast period. In addition, alkaline electrolyzers are significantly less expensive than PEM electrolyzers. As a result, this type of electrolyzer is commonly used for on-site green hydrogen production. The main benefit of alkaline electrolyzers is that they can sustain greater megawatt (MW) range stacks, resulting in increased capacity and a more stable working environment for them.

Green Hydrogen Market by End-Use

By end-use, the market is divided into power generation, chemical feedstock, transportation, and others. The chemical feedstock segment is further divided into green ammonia, methanol, and others. The chemical feedstock segment is anticipated to account for the largest market share in 2023, and the transportation segment is expected to be the fastest-growing segment during the forecast period. The transportation sector is anticipated to increase significantly over the forecasted period. Hydrogen’s role as a fuel for the transport sector can extend beyond road transport to shipping and aviation. The shipping and aviation sectors use heavy fuel oil and jet fuel, respectively. Moreover, there are few alternatives to decarbonize these sectors, which are less readily available and more expensive than conventional fuels. Hence, hydrogen or hydrogen-based compounds can significantly decarbonize shipping and aviation.

Green Hydrogen Market by Distribution Channel

By distribution channel, the green hydrogen market is bifurcated into pipelines, cargo, and ships. Among these, the pipeline segment is anticipated to hold the majority of the market share during the forecast period. Green hydrogen can be transported in three main ways: pipelines, tanker ships, and trucks, depending on the volume, distance, and state in which it is transported. Besides, by far, the most cost-effective and feasible method of transportation is through pipelines, where a very high energy transportation capacity can be achieved.

Green Hydrogen Market by Region

Region-wise, the green hydrogen market is segmented into North America, Europe, Asia Pacific, and the rest of the world. The European region held the majority of the market share in 2023. The presence of a large number of green hydrogen companies across the region acts as a favorable factor for the growth of the European green hydrogen market. In addition, Europe leads the market due to huge investments by the European countries, focusing on energy transition into a clean hydrogen-based region. Besides, Europe is one of the major regions in the green hydrogen market, with Germany, Austria, Netherlands, France, Spain, and the UK as some of the top countries in the region.

Major Players in the Green Hydrogen Market

The key players in the Green Hydrogen Market are Nel HydrogenMcPhy Energy, ITM Power Plc, Hydrogenics (Cummins), Plug Power, John Cockerill, Air Liquide, Linde, PowerCell, Ballard Power Systems, FuelCell Energy, Air Products and Chemicals, and Royal Dutch Shell, among others.

COVID-19 Impact

The COVID-19 outbreak has moderately impacted the green hydrogen industry landscape. The consumption of utilities, including electricity, was negatively impacted in early 2020 with a slowdown in annual growth. The imposition of partial to complete lockdown measures in response to COVID-19 led to an economic downturn in almost all countries and territories worldwide. The shortage in liquidity forced downsizing and other cost-cutting measures like reduced budgets for attending events and pay cuts. COVID-19 would, however, accelerate the need for reducing carbon emissions by a couple of years, which would mean an increased demand for green hydrogen in the future.

The COVID-19 outbreak has significantly affected numerous verticals, such as the oil refining industry, chemical sector, and steel manufacturing industry, which have currently witnessed huge hydrogen demand, which the COVID-19 outbreak has significantly impacted. Developing countries such as the UAE, China, India, Egypt, and others that largely focus on integrating clean power energy generation technologies have witnessed a setback by the outbreak of deadly disease.  Also, several countries globally are participating in clan energy installations. Such factors positively influence the industry’s expansion.

Transportation and Storage of Green Hydrogen

Transportation and storage of hydrogen have conventionally been challenging owing to the unique features of the gas—low density, flammability, embrittlement, and ease of dispersion. However, commercial impetus and technical development are facilitating more economic modes of transportation and storage.

Hydrogen has three main avenues for storage such as storage tanks, chemical storage, and natural underground storage in salt domes and salt caverns. Each of these storage has its own use cases and challenges. In addition, a growing interest in green hydrogen globally is encouraging developers to think of reusing the existing gas pipelines and other infrastructure with minor modifications for the transportation and storage of green hydrogen.

Green hydrogen can be transported in three main ways: pipelines, tanker ships, and trucks, depending on the volume, distance, and state in which it is transported. Besides, green hydrogen can be transported as a liquid in thermo-insulated containers, as a gas in high-pressure containers, in a chemical carrier medium, or in processed form as ammonia or methanol. However, by far, the most cost-effective and feasible method of transportation is through pipeline, where a very high energy transportation capacity can be achieved.

Recent Developments
  • H2Oman Green Hydrogen Project in southern Oman is estimated to attract $6.5 billion in foreign direct investment (FDI). The project is expected to have significantly promising effects on the Sultanate of Oman’s social, economic, and environmental spheres. This project is being carried out in partnership between Air Products, the ACWA Power Group of Saudi Arabia, and the OQ Group of Oman. Besides, the H2 Oman Green Hydrogen Project will use 3 GW of solar and wind power, along with 2 GW of electrolysis power, to produce 1.1 million tonnes of green ammonia annually.
  • In 2022, Amp Energy India and Ohmium have collaborated to deploy nearly 400 MW of green hydrogen projects in India till 2025. The deployments will be aimed at medium-sized industrial and commercial green hydrogen projects of 25 MW or smaller. In these deployments, Amp Energy India will utilize interlocking modular PEM electrolyzers offered by Ohmium, which offer an easy-to-install and flexible alternative to customized electrolyzers.
  • Plug Power Inc., one of the leading providers of turnkey hydrogen solutions along with Olin Corporation, a leading vertically integrated Chlor alkali company, announced the launch of a joint venture named Hidrogenii in 2022. The joint venture was launched in order to start the construction of a 15-ton-per-day hydrogen plant in Louisiana. This plant is expected to support the reliability of supply and speed of green hydrogen throughout North America. In addition, it will also benefit from state and local tax subsidies. Moreover, the construction of the plant will create nearly 200 jobs in 2023.
  • Recently in November 2022, Buscar Co., a U.S. mining company planned to enter the sustainable energy space and has signed a deal to acquire APTG Inc., a manufacturer of concentrated solar power (CSP) technology that can be combined with green hydrogen production.
  • In October 2022, a South Korea-based investment company named SK Inc. agreed to establish a ‘turquoise’ hydrogen joint venture with Monolith Materials Inc. in order to expand its hydrogen business portfolio in South Korea. Monolith Materials Inc. is one of the first mass-producer of turquoise hydrogen globally. Turquoise hydrogen is a unique production method that can be positioned between blue hydrogen made through carbon-based processes and green hydrogen made 100% from water hydrolysis. The company (SK Inc.) also plans to actively use turquoise hydrogen during the shift from blue hydrogen to green hydrogen.
Green Hydrogen Market Report Coverage
  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Green Hydrogen Market outlook and estimations from 2023 to 2033, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of Green Hydrogen Market in terms of revenue ($Million) and volume (MTPA).
  • Major players in the market are profiled in this report, and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Green Hydrogen industry.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Green Hydrogen Market are also analyzed.
Frequently Asked Questions

Q. How big is the Green Hydrogen market?

Ans. The green hydrogen market size was more than USD 5.0 billion in 2023, and it is expected to grow at a rate of over 48.5% from 2024 to 2033.

Q. What is the Green Hydrogen market growth rate?

Ans. The growth rate of the Green Hydrogen market is 48.5% from 2024 to 2033.

Q. Which region holds a major market share for the Green Hydrogen market?

Ans. Europe held a major market share of the Green Hydrogen market in 2023.

Q. Which segment accounted for the largest Green Hydrogen market share?

Ans. Based on technology, the alkaline segment contributed significant revenue to the Green Hydrogen market in 2023, and the PEM segment is expected to be the fastest-growing segment during the forecast period.

Q. Who are the key players in the Green Hydrogen market?

Ans. The key players in the Green Hydrogen Market are Nel HydrogenMcPhy Energy, ITM Power Plc, Hydrogenics (Cummins), Plug Power, John Cockerill, Air Liquide, Linde, PowerCell, Ballard Power Systems, FuelCell Energy, Air Products and Chemicals, and Royal Dutch Shell among others.

Q. What are the factors driving the Green Hydrogen market growth?

Ans. The major factors driving the growth of the market are the growing demand for clean energy, the declining cost of electrolyzers, and the increasing government support for hydrogen fuel cell technology.

Q. What are the key growth strategies of Green Hydrogen market players?

Ans. The key growth strategies of Green Hydrogen market players are partnerships, acquisitions & mergers, and government initiatives.

Q. Which region will provide more business opportunities for the Green Hydrogen market during the forecast period?

Ans. The Asia-Pacific and MENA regions will provide more business opportunities for the Green Hydrogen market during the forecast period.

Table of Contents

Chapter 1. Green Hydrogen Market Overview
1.1 Objectives of the Report
1.2 Market Definition and Scope of the Report
1.3 Research Limitations
1.4 Research Methodologies
1.4.1 Secondary Research
1.4.2 Market Size Estimation Technique
1.4.3 Forecasting
1.4.4 Primary Research and Data Validation

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Premium Insights on the Market
3.1 Market Attractiveness Analysis, by Region
3.2 Market Attractiveness Analysis, by Technology
3.3 Market Attractiveness Analysis, by Application
3.4 Market Attractiveness Analysis, by Source
3.5 Market Attractiveness Analysis, by Distribution Channel

Chapter 4. Green Hydrogen Market Outlook
4.1 Market Segmentation
4.2 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunities
4.3 Porters Five Forces Analysis
4.3.1 Bargaining Power of Buyers
4.3.2 Bargaining Power of Suppliers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitution
4.3.5 Competitive Rivalry
4.4 PESTLE Analysis
4.5 Value Chain Analysis
4.6 Impact of COVID-19 on the Market
4.7 Impact of the Russia and Ukraine War
4.8 Cost Economics for Green Ammonia Production
4.9 Transportation and Storage of Green Hydrogen
4.10 Global Projects of Green Hydrogen
4.11 Case Studies

Chapter 5. Green Hydrogen Market by Technology
5.1 Overview
5.2 Market Size and Forecast
5.3 Proton Exchange Membrane (PEM) Electrolyzer
5.3.1 Key Market Trends & Opportunity Analysis
5.3.2. Market Size and Forecast, by Region
5.4 Alkaline Electrolyzer
5.4.1 Key Market Trends & Opportunity Analysis
5.4.2 Market Size and Forecast, by Region
5.5 Others
5.5.1 Key Market Trends & Opportunity Analysis
5.5.2 Market Size and Forecast, by Region

Chapter 6. Green Hydrogen Market by Application
6.1 Overview
6.2 Market Size and Forecast
6.3 Power Generation
6.3.1 Key Market Trends & Opportunity Analysis
6.3.2 Market Size and Forecast, by Region
6.4 Transportation
6.4.1 Key Market Trends & Opportunity Analysis
6.4.2 Market Size and Forecast, by Region
6.5 Chemical Feedstock
6.5.1 Key Market Trends & Opportunity Analysis
6.5.2 Market Size and Forecast, by Region
6.5.3 Market Size and Forecast, by Type
6.5.3.1 Ammonia
6.5.3.2 Methanol
6.5.3.3 Others
6.6 Others
6.6.1 Key Market Trends & Opportunity Analysis
6.6.2 Market Size and Forecast, by Region

Chapter 7. Green Hydrogen Market, by Source
7.1 Overview
7.2 Market Size and Forecast
7.3 Solar Energy
7.3.1 Key Market Trends & Opportunity Analysis
7.3.2 Market Size and Forecast, by Region
7.4 Wind Energy
7.4.1 Key Market Trends & Opportunity Analysis
7.4.2 Market Size and Forecast, by Region
7.5 Others
7.5.1 Key Market Trends & Opportunity Analysis
7.5.2 Market Size and Forecast, by Region

Chapter 8. Green Hydrogen Market, by Distribution Channel
8.1 Overview
8.2 Market Size and Forecast
8.3 Pipeline
8.3.1 Key Market Trends & Opportunity Analysis
8.3.2 Market Size and Forecast, by Region
8.4 Cargo
8.4.1 Key Market Trends & Opportunity Analysis
8.4.2 Market Size and Forecast, by Region
8.5 Ships
8.5.1 Key Market Trends & Opportunity Analysis
8.5.2 Market Size and Forecast, by Region

Chapter 9. Green Hydrogen Market by Region
9.1. Overview
9.2. North America
9.2.1. Key Market Trends and Opportunities
9.2.2. Market Size and Forecast by Technology
9.2.3. Market Size and Forecast by Application
9.2.4. Market Size and Forecast by Source
9.2.5. Market Size and Forecast by Distribution Channel
9.2.6. Market Size and Forecast by Country
9.2.7. The U.S.
9.2.7.1. Market Size and Forecast by Technology
9.2.7.2. Market Size and Forecast by Application
9.2.7.3. Market Size and Forecast by Source
9.2.7.4. Market Size and Forecast by Distribution Channel
9.2.8. Canada
9.2.8.1. Market Size and Forecast by Technology
9.2.8.2. Market Size and Forecast by Application
9.2.8.3. Market Size and Forecast by Source
9.2.8.4. Market Size and Forecast by Distribution Channel
9.2.9. Mexico
9.2.9.1. Market Size and Forecast by Technology
9.2.9.2. Market Size and Forecast by Application
9.2.9.3. Market Size and Forecast by Source
9.2.9.4. Market Size and Forecast by Distribution Channel
9.3. Europe
9.3.1. Key Market Trends and Opportunities
9.3.2. Market Size and Forecast by Technology
9.3.3. Market Size and Forecast by Application
9.3.4. Market Size and Forecast by Source
9.3.5. Market Size and Forecast by Distribution Channel
9.3.6. Market Size and Forecast by Country
9.3.7. Germany
9.3.7.1. Market Size and Forecast by Technology
9.3.7.2. Market Size and Forecast by Application
9.3.7.3. Market Size and Forecast by Source
9.3.7.4. Market Size and Forecast by Distribution Channel
9.3.8. France
9.3.8.1. Market Size and Forecast by Technology
9.3.8.2. Market Size and Forecast by Application
9.3.8.3. Market Size and Forecast by Source
9.3.8.4. Market Size and Forecast by Distribution Channel
9.3.9. The UK
9.3.9.1. Market Size and Forecast by Technology
9.3.9.2. Market Size and Forecast by Application
9.3.9.3. Market Size and Forecast by Source
9.3.9.4. Market Size and Forecast by Distribution Channel
9.3.10. Spain
9.3.10.1. Market Size and Forecast by Technology
9.3.10.2. Market Size and Forecast by Application
9.3.10.3. Market Size and Forecast by Source
9.3.10.4. Market Size and Forecast by Distribution Channel
9.3.11. Italy
9.3.11.1. Market Size and Forecast by Technology
9.3.11.2. Market Size and Forecast by Application
9.3.11.3. Market Size and Forecast by Source
9.3.11.4. Market Size and Forecast by Distribution Channel
9.3.12. Rest of Europe
9.3.12.1. Market Size and Forecast by Technology
9.3.12.2. Market Size and Forecast by Application
9.3.12.3. Market Size and Forecast by Source
9.3.12.4. Market Size and Forecast by Distribution Channel
9.4. Asia-Pacific
9.4.1. Key Market Trends and Opportunities
9.4.2. Market Size and Forecast by Technology
9.4.3. Market Size and Forecast by Application
9.4.4. Market Size and Forecast by Source
9.4.5. Market Size and Forecast by Distribution Channel
9.4.6. Market Size and Forecast by Country
9.4.7. China
9.4.7.1. Market Size and Forecast by Technology
9.4.7.2. Market Size and Forecast by Application
9.4.7.3. Market Size and Forecast by Source
9.4.7.4. Market Size and Forecast by Distribution Channel
9.4.8. India
9.4.8.1. Market Size and Forecast by Technology
9.4.8.2. Market Size and Forecast by Application
9.4.8.3. Market Size and Forecast by Source
9.4.8.4. Market Size and Forecast by Distribution Channel
9.4.9. Japan
9.4.9.1. Market Size and Forecast by Technology
9.4.9.2. Market Size and Forecast by Application
9.4.9.3. Market Size and Forecast by Source
9.4.9.4. Market Size and Forecast by Distribution Channel
9.4.10. South Korea
9.4.10.1. Market Size and Forecast by Technology
9.4.10.2. Market Size and Forecast by Application
9.4.10.3. Market Size and Forecast by Source
9.4.10.4. Market Size and Forecast by Distribution Channel
9.4.11. Rest of APAC
9.4.11.1. Market Size and Forecast by Technology
9.4.11.2. Market Size and Forecast by Application
9.4.11.3. Market Size and Forecast by Source
9.4.11.4. Market Size and Forecast by Distribution Channel
9.5. Rest of the World
9.5.1. Key Market Trends and Opportunities
9.5.2. Market Size and Forecast by Technology
9.5.3. Market Size and Forecast by Application
9.5.4. Market Size and Forecast by Source
9.5.5. Market Size and Forecast by Distribution Channel
9.5.6. Market Size and Forecast by Country
9.5.7. Latin America
9.5.7.1. Market Size and Forecast by Technology
9.5.7.2. Market Size and Forecast by Application
9.5.7.3. Market Size and Forecast by Source
9.5.7.4. Market Size and Forecast by Distribution Channel
9.5.8. The Middle East
9.5.8.1. Market Size and Forecast by Technology
9.5.8.2. Market Size and Forecast by Application
9.5.8.3. Market Size and Forecast by Source
9.5.8.4. Market Size and Forecast by Distribution Channel
9.5.9. Africa
9.5.9.1. Market Size and Forecast by Technology
9.5.9.2. Market Size and Forecast by Application
9.5.9.3. Market Size and Forecast by Source
9.5.9.4. Market Size and Forecast by Distribution Channel

Chapter 10. Competitive Landscape
10.1 Overview
10.2 Market Share Analysis
10.3 Ranking by Green Hydrogen Market Revenue
10.4 Vendor Benchmarking
10.5 Developmental Strategy Benchmarking
10.5.1. Acquisitions & Mergers
10.5.2. Product Launches & Developments
10.5.3. Business Expansions
10.5.4. Partnerships, Joint Ventures, and Collaborations

Chapter 11. Company Profiles
11.1. Air Liquide
11.1.1. Company Snapshot
11.1.2. Financial Performance
11.1.3. Product offerings
11.1.4. Key Strategic Initiatives
11.1.5. SWOT Analysis
11.2. Nel Hydrogen
11.2.1. Company Snapshot
11.2.2. Financial Performance
11.2.3. Product offerings
11.2.4. Key Strategic Initiatives
11.2.5. SWOT Analysis
11.3. ITM Power
11.3.1. Company Snapshot
11.3.2. Financial Performance
11.3.3. Product offerings
11.3.4. Key Strategic Initiatives
11.3.5. SWOT Analysis
11.4. Linde
11.4.1. Company Snapshot
11.4.2. Financial Performance
11.4.3. Product offerings
11.4.4. Key Strategic Initiatives
11.4.5. SWOT Analysis
11.5. PowerCell
11.5.1. Company Snapshot
11.5.2. Financial Performance
11.5.3. Product offerings
11.5.4. Key Strategic Initiatives
11.5.5. SWOT Analysis
11.6. Plug Power
11.6.1. Company Snapshot
11.6.2. Financial Performance
11.6.3. Product offerings
11.6.4. Key Strategic Initiatives
11.6.5. SWOT Analysis
11.7. Ballard Power Systems
11.7.1. Company Snapshot
11.7.2. Financial Performance
11.7.3. Product offerings
11.7.4. Key Strategic Initiatives
11.7.5. SWOT Analysis
11.8. Hydrogenics
11.8.1. Company Snapshot
11.8.2. Financial Performance
11.8.3. Product offerings
11.8.4. Key Strategic Initiatives
11.8.5. SWOT Analysis
11.9. FuelCell Energy
11.9.1. Company Snapshot
11.9.2. Financial Performance
11.9.3. Product offerings
11.9.4. Key Strategic Initiatives
11.9.5. SWOT Analysis
11.10. McPhy Energy
11.10.1. Company Snapshot
11.10.2. Financial Performance
11.10.3. Product offerings
11.10.4. Key Strategic Initiatives
11.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report

Key Players
  • Air Liquide
  • Nel Hydrogen
  • ITM Power
  • Linde
  • PowerCell
  • Plug Power
  • Ballard Power Systems
  • Hydrogenics
  • FuelCell Energy
  • McPhy Energy
  • Air Products and Chemicals
  • Royal Dutch Shell

By Technology

  • Proton Exchange Membrane Electrolyzer
  • Alkaline Electrolyzer
  • Others

By Distribution Channel

  • Pipeline
  • Cargo
  • Ships

By Source

  • Solar Energy
  • Wind Energy
  • Others

By End-Use

  • Power Generation
  • Chemical Feedstock
  • Transportation
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

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