| Product Code: ETC4856204 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden continued to rely on its neighboring countries for hydrogen generation imports, with Finland, Denmark, and Norway leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting limited competition. Despite a minimal compound annual growth rate (CAGR) from 2020 to 2024, the sharp decline in growth rate from 2023 to 2024 raises concerns. It will be crucial for Sweden to explore diversifying its import sources and stimulating domestic hydrogen generation to ensure energy security and sustainability in the future.
By 2027, Sweden's Hydrogen Generation market is forecasted to achieve a stable growth rate of 3.35%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Hydrogen Generation Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Hydrogen Generation Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Hydrogen Generation Market - Industry Life Cycle |
3.4 Sweden Hydrogen Generation Market - Porter's Five Forces |
3.5 Sweden Hydrogen Generation Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Sweden Hydrogen Generation Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Sweden Hydrogen Generation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Hydrogen Generation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government focus on clean energy initiatives and reducing carbon emissions. |
4.2.2 Growth in demand for hydrogen as a clean fuel in sectors such as transportation and manufacturing. |
4.2.3 Technological advancements in electrolysis and renewable energy sources driving down the cost of hydrogen production. |
4.3 Market Restraints |
4.3.1 High initial capital investment required for setting up hydrogen generation infrastructure. |
4.3.2 Limited availability and high cost of renewable energy sources for hydrogen production. |
4.3.3 Lack of a well-established hydrogen infrastructure and distribution network in Sweden. |
5 Sweden Hydrogen Generation Market Trends |
6 Sweden Hydrogen Generation Market Segmentations |
6.1 Sweden Hydrogen Generation Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Sweden Hydrogen Generation Market Revenues & Volume, By Blue Hydrogen, 2021-2031F |
6.1.3 Sweden Hydrogen Generation Market Revenues & Volume, By Green Hydrogen, 2021-2031F |
6.1.4 Sweden Hydrogen Generation Market Revenues & Volume, By Grey Hydrogen, 2021-2031F |
6.2 Sweden Hydrogen Generation Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Sweden Hydrogen Generation Market Revenues & Volume, By Steam Methane Reforming (SMR), 2021-2031F |
6.2.3 Sweden Hydrogen Generation Market Revenues & Volume, By Partial Oxidation (POX), 2021-2031F |
6.2.4 Sweden Hydrogen Generation Market Revenues & Volume, By Coal Gasification, 2021-2031F |
6.2.5 Sweden Hydrogen Generation Market Revenues & Volume, By Electrolysis, 2021-2031F |
6.3 Sweden Hydrogen Generation Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sweden Hydrogen Generation Market Revenues & Volume, By Petroleum Refinery, 2021-2031F |
6.3.3 Sweden Hydrogen Generation Market Revenues & Volume, By Ammonia Production, 2021-2031F |
6.3.4 Sweden Hydrogen Generation Market Revenues & Volume, By Methanol Production, 2021-2031F |
6.3.5 Sweden Hydrogen Generation Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.6 Sweden Hydrogen Generation Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.7 Sweden Hydrogen Generation Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Sweden Hydrogen Generation Market Import-Export Trade Statistics |
7.1 Sweden Hydrogen Generation Market Export to Major Countries |
7.2 Sweden Hydrogen Generation Market Imports from Major Countries |
8 Sweden Hydrogen Generation Market Key Performance Indicators |
8.1 Capacity utilization rate of hydrogen generation plants. |
8.2 Number of partnerships and collaborations between hydrogen technology providers and energy companies. |
8.3 Investment in research and development of hydrogen generation technologies. |
8.4 Growth in the number of hydrogen refueling stations across Sweden. |
8.5 Percentage of hydrogen production from renewable sources. |
9 Sweden Hydrogen Generation Market - Opportunity Assessment |
9.1 Sweden Hydrogen Generation Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Sweden Hydrogen Generation Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Sweden Hydrogen Generation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Hydrogen Generation Market - Competitive Landscape |
10.1 Sweden Hydrogen Generation Market Revenue Share, By Companies, 2024 |
10.2 Sweden Hydrogen Generation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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