Global Green Hydrogen Market Size, Competition Landscape and Supply Chain Research Report 2025

Research Summary

Green hydrogen refers to hydrogen produced through a process that utilizes renewable energy sources, such as wind, solar, or hydropower, to split water molecules into hydrogen and oxygen through electrolysis. Unlike conventional methods of hydrogen production that rely on fossil fuels and emit carbon dioxide, green hydrogen production is considered environmentally friendly and sustainable. Electrolysis, the key technology behind green hydrogen, involves passing an electric current through water to break it down into hydrogen and oxygen. The electricity used in this process is sourced from renewable energy, ensuring that the overall production cycle has a minimal carbon footprint. Green hydrogen is gaining attention as a clean energy carrier and a potential solution for decarbonizing various sectors, including industry, transportation, and energy storage, contributing to global efforts to transition towards a low-carbon and sustainable energy future.

According to WENKH research statistics, the global Green Hydrogen market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the Asia-Pacific Green Hydrogen market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Green Hydrogen market is highly competitive, with key market players including Proton On-Site, 718th Research Institute of CSIC, Teledyne Energy Systems, Hydrogenics, Nel Hydrogen, Suzhou Jingli, Beijing Zhongdian, McPhy, Siemens, TianJin Mainland, Idroenergy Spa, Toshiba Energy Systems and Solutions Corporation, Erredue SpA, etc. This report categorizes the competitive landscape of the global Green Hydrogen market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Green Hydrogen market, including market size, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Green Hydrogen industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Green Hydrogen and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers regions and countries including North America, Europe, China, Asia Pacific (excluding China), Latin America, the Middle East, and Africa. It particularly focuses on the revenue and sales volume of Green Hydrogen in these regions and countries, as well as the market share of key market players in each region. The report provides an in-depth analysis of the regional distribution and future development trends of the Green Hydrogen market. By considering local policies, this report evaluates the market prospects of Green Hydrogen in each region and country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

Proton On-Site

718th Research Institute of CSIC

Teledyne Energy Systems

Hydrogenics

Nel Hydrogen

Suzhou Jingli

Beijing Zhongdian

McPhy

Siemens

TianJin Mainland

Idroenergy Spa

Toshiba Energy Systems and Solutions Corporation

Erredue SpA

Product Segment

Alkaline (ALK) Electrolyzer

Proton Exchange Membrane (PEM) Electrolyzer

Product Application

Wind Energy

Solar Energy

Biomass

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Green Hydrogen Industry Chain Analysis

Chapter 3: Global Green Hydrogen Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Analysis of the Competitive Landscape of Major Companies in the Global Green Hydrogen Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 5: Analysis of Global Major Companies (Company Profiles, Product Features and Product Segment, Product Revenue, Product Sales Volume, Product Average Price, Product Gross Profit Margin and Geographical Sales Share)

Chapter 6: Global Green Hydrogen Product Segment, Downstream Application and Major Regional Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 7: North America Green Hydrogen Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 8: Europe Green Hydrogen Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: China Green Hydrogen Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: Asia Pacific (excluding China) Green Hydrogen Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: Latin America Green Hydrogen Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: Middle East and Africa Green Hydrogen Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: Research Conclusion

Chapter 14: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.