Hydrogen Generation Market Analysis: Size, Share and Forecast for 2023-2028
The global hydrogen generation market size is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period. The growing emphasis on environmental sustainability, rising adoption of fuel cell vehicles, and intermittent renewable energy integration accelerate the growth of the hydrogen generation market.
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Green Hydrogen Market Industry Leaders, Recent Developments & FAQ
The green hydrogen market industry is projected to grow from USD 1.1 Billion in 2023 to USD 30.6 Billion by 2030, at a CAGR of 61.1% during the forecasted period. Green hydrogen is increasingly utilized in various industries like power, grid injection, mobility, and industrial processes. The countries are aggressively moving towards emission-free economies, with the green hydrogen economy being a...