US green hydrogen market revenue is projected to rise sharply from $210 million in 2020 to approximately $3,800 million by 2035. The acceleration is fueled by favorable policies, technological innovations, and increased end-user adoption across sectors. Notably, the mid-2020s mark an inflection point as gigawatt-scale facilities come online, driving exponential revenue growth and establishing the US as a major player in the global hydrogen economy.
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In 2025, the leading application segment for green hydrogen in the US is power generation, as utilities incorporate hydrogen for grid balancing and storage. Transport applications, driven by zero-emission policies in logistics and public transport, represent a significant share. Industrial energy and chemical feedstock remain core end-uses, but heating and other emerging applications account for an increasing portion as technology adoption widens.
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