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Innovation in the Driver's Seat: Exploring the Share and Demand of Green Hydrogen


A recent report by MarkNtel Advisors reveals that the Green Hydrogen Market is expected to grow at a compounded annual growth rate (CAGR) of approximately 15.7% during 2023-28. The report provides a detailed understanding of the industry, including key drivers, challenges, opportunities, and latest trends. It also examines the competitive landscape & recent advancements made by leading companies operating in the industry, along with their range of product/service offerings, growth strategies, and presence in different regions/countries.
Our experts have used both primary & secondary research methods to gather accurate and comprehensive information about the Green Hydrogen Market. The study also covers potential growth barriers to the market and highlights untapped opportunities while providing recommendations for stakeholders to prepare for unexpected situations that may arise in the future. The report considers historical data from 2023-28 as the starting point and provides forecasts for the years 2023 to 2028. All market values presented are in USD Million/Billion.
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Goals of the Green Hydrogen Market Research Study
  • To provide valuable insights into aspects like drivers, challenges, opportunities, threats that impact the growth of the Green Hydrogen Market
  • To have a complete understanding of the value chain through Porter's five forces model
  • To identify positioning of major participants in the Green Hydrogen Market, along with their competitive advancements like collaborations, mergers & acquisitions, new product releases, and investments in research & development.
  • To provide thorough information to stakeholders on growth opportunities in fast-growing segments
Recent Development
  • On 21 January 2021, the government of Canada signed a contract with ThyssenKrupp Uhde Chlorine Engineers to set up an 88-megawatt water electrolysis plant for Hydro-Québec, where the plant will produce 11,100 metric tons of green hydrogen annually.
  • On 7 July 2020, Air Products & Chemicals began the construction of a green hydrogen plant in Saudi Arabia. The facility is powered by 4 gigawatts of wind & solar power and is estimated to produce 650 tons of green hydrogen regularly.
  • The leader also signed a Strategic Cooperation Agreement (SCA) with ThyssenKrupp AG to develop green hydrogen supply projects, where the latter will deliver its technology, equipment, & technical services for water electrolysis plants.
A Detailed Analysis of Major Segments Driving the Green Hydrogen Market Growth
In this section, the report explores the Green Hydrogen Market's dynamic landscape, dissected into multiple segments and sub-segments, along with pivotal factors propelling industry growth, to help stakeholders optimize their positioning, target audience, and revenue tactics.
Based on Technology
- Proton Exchange Membrane Electrolyzer
- Alkaline Electrolyzer
- Solid Oxide Electrolyzer
- Others
Based on End Users
- Power Generation
- Automotive
- Mining
- Food & Beverage
- Others (Petrochemicals, Steel and Cement Industries)
Based on Location
- Onshore
- Offshore
Geographically, the Green Hydrogen Market expands across:
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
Immerse Yourself in the Complete Report: Explore Extensive Research, Market Segmentation, and Competitive Landscape Analysis - https://www.marknteladvisors.com/research-library/global-green-hydrogen-market.html
Note: The Green Hydrogen Market research report can be tailored as per individual client needs, providing comprehensive & valuable insights at various levels. This personalized approach enables clients to understand the industry's true potential, effectively tackle growth challenges, devise effective strategies, and make well-informed decisions to maintain a competitive edge in the industry.
Green Hydrogen Market Research Report: Key Questions Addressed
  • What is the estimated size, share, & CAGR of the Green Hydrogen Market during 2023-28?
  • Which segments & sub-segments are considered most prevalent in the Green Hydrogen Market research study?
  • What are the major regions/countries would offer remunerative prospects to the key players in the Green Hydrogen Market?
  • What are the geographical trends and recent developments in the Green Hydrogen Market?
  • Which products/services would witness rapidly growing demand in the Green Hydrogen Market through 2028?
A Detailed Assessment of Major Companies in the Green Hydrogen Market and their Key Growth Strategies
The competitive landscape section of the report unveils the top players in the Green Hydrogen Industry, their financials, resources, product offerings, market share, strategic initiatives, R&D investments, strengths, & weaknesses. All the findings & hypothesis on the market ecosystem have been carefully validated through a detailed Porter's five forces analysis.
Companies like,
- Linde plc
- Air Liquide
- Air Products & Chemicals
- ENGIE
- Uniper Energy Storage GmbH
- Wind to Gas Energy GmbH & Co. KG
- Shell plc
- Others
often involve in collaborations for joint venture programs & resource sharing to achieve their objectives efficiently.
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About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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