Global Green Hydrogen Market Insights and Growth Forecast
Key Ideas
  • The Green Hydrogen Market is expected to grow at a CAGR of 20.9% from 2024 to 2031, driven by the demand for sustainable fuel in various industries.
  • Key players in the market include Siemens Energy AG, Air Liquide, and Cummins Inc., who are actively contributing to the growth of green hydrogen technology.
  • Siemens Energy Global collaborated with Beijing Green Hydrogen Technology Development Co., Ltd. to launch a green hydrogen production project in China.
  • The report provides comprehensive insights on market trends, growth opportunities, and regional analysis, empowering businesses to make informed decisions.
The Global Green Hydrogen Market is set to reach a CAGR of 20.9% in the forecast period from 2024 to 2031, focusing on producing hydrogen using renewable energy sources like wind, solar, and hydropower through electrolysis. This clean energy transition has gained momentum due to the increasing demand for sustainable fuel in sectors such as transportation, power, and manufacturing. Key players in the market such as Siemens Energy AG, Air Liquide, and Cummins Inc. are actively involved in advancing green hydrogen technology. Noteworthy is Siemens Energy Global's collaboration with Beijing Green Hydrogen Technology Development Co., Ltd. to launch a megawatt-scale green hydrogen production project in China. The report by DataM Intelligence offers detailed insights on market trends, growth opportunities, and challenges, enabling businesses to make informed decisions and stay competitive. Through a blend of qualitative and quantitative research methods, the report covers industry developments, technology segments, renewable sources, applications, end-users, and regional analysis. The regional breakdown includes North America, Europe, Asia Pacific, Middle East and Africa, and South America, outlining unique market trends specific to each region. Overall, the report provides a comprehensive analysis of the Green Hydrogen Market, highlighting its significance in the global shift towards sustainable energy solutions.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.