Power Generation - Green Hydrogen Market Statistics

The global power generation green hydrogen market size was valued at US$ 0.7 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 76% from 2023 to 2030.

Global power generation green hydrogen market statistics, 2018-2030 (US$M)

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Global power generation green hydrogen market statistics, 2018-2030 (US$M)

Global power generation green hydrogen market statistics, 2018-2030 (US$M)

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Global power generation green hydrogen market statistics, 2018-2030 (US$M)

Power generation - Green hydrogen market highlights

  • The global power generation segment generated a revenue of USD 0.7 million in 2023 and is expected to reach USD 35.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 89.8% by 2030.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.

Market summary

Market revenue in 2023USD 0.7 million
Market revenue in 2030USD 35.0 million
Growth rate89.8% (CAGR from 2024 to 2030)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million

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Green Hydrogen Market Scope

Green hydrogen market segmentation & scope
Methanol Production
Ammonia Production
Petroleum Refinery
Others
Chemical
Refinery
Coal Gasification
Steam Methane Reforming
Methane Pyrolysis
Gas Partial Oxidation
Auto Thermal Reforming
report
Green Hydrogen Market Outlook
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