The EWI developed the H2 Market Index in 2023 on behalf of the German Technical and Scientific Association for Gas and Water (DVGW). The aim of the H2 Market Index is to measure stakeholders’ perceptions of current developments in the hydrogen market. In 2025, the survey was conducted for the third time, this year on behalf of the DVGW and seven other organizations: the Energy Efficiency Association for Heating, Cooling, and CHP e.V. (AGFW), the H2Global Foundation, the German Association of the Automotive Industry (VDA), the German Chemical Industry Association (VCI), the Association of Industrial Energy and Power Management (VIK), the VDMA, and the Association of Municipal Enterprises (VKU).
The H2 Market Index 2025 stands at 41, indicating that market players currently view the market ramp-up of hydrogen as neutral with a negative trend. The sub-indices for the four topic areas show a mixed picture. While the innovation environment is rated as neutral with a positive trend, infrastructure expansion is perceived as predominantly negative. Assessments of the hydrogen market ramp-up vary among stakeholders. Transmission system operators and research institutions tend to assess the market ramp-up more positively than other players. Compared to last year’s survey, the H2 market index has decreased from 44 to 41, with the assessment of market development declining the most. In contrast, the index value for the infrastructure expansion topic shows a slight increase compared to the previous year.
