SAN FRANCISCO, Sept. 14, 2022 /PRNewswire/ — The global green hydrogen market size is expected to reach USD 60.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 39.5% from 2022 to 2030. Growing government investments and subsidies benefitting clean fuel usage along with hydrogen economy being touted as an environment-friendly alternative to fossil fuel economy are likely to strengthen the demand over the forecast period.Grand_View_Research_LogoKey Industry Insights & Findings from the report:Alkaline electrolyzer held the largest revenue share of 66.18% in 2021, owing to its low capital cost and higher operating period capability when compared to the PEM electrolyzer technology.Polymer Electrolyte Membrane (PEM) electrolyzer segment is expected to witness the fastest growth rate over the forecast period owing to…
Green Hydrogen Market to be worth $60.56 Billion by 2030: Grand View Research, Inc.
