Lucintel Forecasts the Global Hydrogen Hub Market to Reach $5.6 billion by 2030

According to a market report by Lucintel, the future of the global hydrogen hub market looks promising with opportunities in the automotive, aviation, and marine markets. The global hydrogen hub market is expected to reach an estimated $5.6 billion by 2030 with a CAGR of 17.5% from 2024 to 2030. The major drivers for this market are increasing usage of renewable energy sources, shift towards clean energy and sustainable energy sources, and expansion in creation of local green hydrogen hubs.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in hydrogen hub market to 2030 by supply technique (steam methane reforming and electrolysis), hydrogen type (liquid hydrogen and hydrogen fuel cells), end use (automotive, aviation, marine, and others ), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, steam methane reforming and electrolysis are the major segments of hydrogen hub market by supply technique. Lucintel forecasts that electrolysis is expected to witness the highest growth over the forecast period.
Within this market, automotive is expected to witness the highest growth.
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APAC will remain the largest region over the forecast period.
ARAMCO, Shell, Linde, Airbus, and Sinopec are the major suppliers in the hydrogen hub market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com