Market Insights and Analysis: Europe Green Hydrogen Market Overview and Projections (2024-2030)
The Europe Green Hydrogen Market size is estimated to grow at a CAGR of around 31.25% during the forecast period, i.e., 2024-30.
Top leading companies in the Europe Green Hydrogen Market includes:
Electrolyzer Technology Providers – Accelera – McPhy Energy, Stiesdal A/S, Siemens, Thyssenkrupp, Other Potential Players
Renewable Power Generation Solution Providers- Iberdrola, BayWa r.e., Enel Green Power, Orsted, Statkraft, Other Potential Players
Green Hydrogen Manufacturing Company- EDF Renewable, Air Liquide, Linde, Air Products, Shell Plc, Total Energies, Other Potential Players
Industry Recent Development:
- 2024: Spanish Government reported that it will spend more than USD 950 million on about 10 hydrogen projects within initial months of the year, to accelerate the its goal of decarbonizing the country with renewable hydrogen and setting up a benchmark for the world.
- 2023: The UK Government announced a financial support of approximately USD 1,200 million for the development of Green Industries Growth Accelerator (GIGA) that includes hydrogen and other low carbon energies for swift transition to net zero economy.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Technology
-Proton Exchange Membrane Electrolyzer
-Alkaline Electrolyzer
-Solid Oxide Electrolyzer
-Others
- Alkaline Electrolyzer is expected to maintain its majority share in the Europe Green Hydrogen Market in the future years, as the alkaline electrolyzer technology is the most mature & widely deployed not only across Europe but across the globe as well.
By Energy Source
-Solar
-Wind
-Other Renewable Sources
By End Users
-Power Generation & Energy Storage
-Automotive & Transportation
-Industrial Feedstock
–Refineries & Petrochemicals
–Steel & Cement Manufacturing
–Others (Food & Beverage, etc.)
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Europe Green Hydrogen Market Geographic Reach:
The Geographic Reach of the Europe Green Hydrogen Market evaluates the spread and significance of Europe Green Hydrogen market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- Germany
- The UK
- France
- Italy
- Spain
- The Netherlands
- Rest of Europe
Note: If you require specific information not covered in the current report, we can provide it through customized option
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