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Green Hydrogen Market Business Intelligence Report and Strategic Insights 2021-2031


The global green hydrogen market is projected to expand rapidly during the coming years attributed to the increasing concerns about carbon emissions, and the need to decarbonize the transport and power sectors has forced countries to reduce their dependency on fossil fuel-based systems and increase deployment of renewable energy sources. Moreover, technological advancements in emerging economies have propelled the market growth for green hydrogen. Before entering the green hydrogen market, the companies need to understand the considerations that eventually go a long way toward ensuring the fulfillment of a company's efforts to establish itself as a strong player in the market. This section of the report presents an in-depth analysis of the direction toward which the industry is moving and the impact of the various factors on the market.

Read Report Overview: https://bisresearch.com/industry-report/green-hydrogen-market.html

There is a lack of understanding about how green hydrogen is created, its advantages, and its definition. Green hydrogen is also feared and treated as a necessary evil. It should be remembered that social barriers that arise when implementing modern technologies, including the development of hydrogen energy, are the hardest to overcome. Social resistance may cause a given investment to be suspended, delayed, or, worse, not realized at all. This type of barrier is the most difficult to overcome. Therefore, general environmental education and ecological awareness in this field are important. However, to identify the kind of social or ecological actions that are needed, the people’s knowledge level and attitudes relating to the topic under study should be determined. Numerous interesting studies have been conducted on green hydrogen energy technology and its use. However, most often, these studies are conducted from a technical or economic perspective, and few studies exist from a social perspective. Nonetheless, the social perspective is important to ascertain people’s attitudes to this type of energy and break the resistance of ordinary people to these solutions.

The global demand for green hydrogen is attributed to major companies providing solutions for the oil and gas, petrochemical, electric vehicles, and power generation sectors. This diverse range of business entrants offers possibilities for other players ready to carry the high risks inherent in the industry. This chapter details the latest strategies and technological developments adopted by the key market players in the green hydrogen market.


To lead the industry as well as to participate in a phase of market expansion, an organization would want to work in partnership with leading market players to acquire relatively weak firms to add new products and services to the market and enrich existing products. This chapter details the latest strategies and developments adopted by the key market players in the global green hydrogen market. The key players actively taking part in the green hydrogen market are Linde, Air Liquide, Air Products Inc., Engie, Uniper SE, Siemens Energy, Green Hydrogen, Cummins Inc., Toshiba Energy Systems & Solutions Corporation, Nel ASA, SGH2 Energy Global LLC, PLUG POWER INC., Loop Energy Inc., Ergosup, Ballard Power Systems.

The majority of the companies preferred partnership, collaboration, and contract as a key strategy to further increase their competitiveness in the market between 2018 and 2021. The companies also adopted mergers, acquisitions, and joint ventures strategy to strengthen their market position, consequently maximizing the revenue. Moreover, participating in international platforms for getting recognition at the global level for their products and services was also a major strategic move made by key companies during the last three years.

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