MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Europe Green Hydrogen Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Europe Green Hydrogen Market: 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.
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What are the primary factors driving the growth of the Europe Green Hydrogen market?
Europe Green Hydrogen Market Driver: Burgeoning Investments for the Set up of Hydrogen Economy
Countries such as Germany, France, the Netherlands, Spain, the UK, and a few others have been the frontrunners in developing transitioning to a Hydrogen Economy. The government has laid out detailed plans for building up the green hydrogen production infrastructure, integrating green hydrogen into the existing energy supply, and finally transitioning to maximum green hydrogen energy in all sectors such as power generation, transportation (both individual/passenger and heavy commercial), industrial feedstock, as well as energy storage. For example, France 2030 is a plan of the French government, where it aims to develop low carbon hydrogen production capacity to about 6.5 GW or around 700,000 tons annually by 2030.
The plan also anticipations to sell the renewable hydrogen at a price point of nearly USD 1.6 per kg. The strategy also has laid out the step-by-step procedure of manufacturing, transportation, and usage of hydrogen in the country. Hence, such huge initiatives by the national governments would further aid in driving the Europe Green Hydrogen Market during 2024-30.
Europe Green Hydrogen Market Segmentation:
The Europe Green Hydrogen market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
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.)
Geographical Analysis into the Europe Green Hydrogen Market:
- Germany
- The UK
- France
- Italy
- Spain
- The Netherlands
- Rest of Europe
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Competitive Landscape and Europe Green Hydrogen Market Share Analysis:
The competitive landscape of the Europe Green Hydrogen market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
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
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Europe Green Hydrogen Market growth?
- How is the Europe Green Hydrogen Market expected to grow over the next five years?
- What are the key insights into the current trends in the Europe Green Hydrogen Market?
- What is the current size of the Europe Green Hydrogen Market, and how is it projected to change in the future?
- What is the future outlook for the Europe Green Hydrogen Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, 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 14.8 diverse industrial verticals.
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