Hydrogen Generation Market Size, Regional Outlook, Competitive Landscape, Revenue Ana
 

The hydrogen generation market size was USD 135 Billion in 2021 and is expected to register a revenue CAGR of 9.8% during the forecast period, according to the latest analysis by Emergen Research. Rising demand from the transportation sector is a key factor driving growth of the market. Development of green hydrogen production methods is a key trend that is expected to create opportunities for the global market. Hydrogen is currently produced using various processes including steam methane reforming, partial oil oxidation, coal gasification, and water electrolysis. Majority of hydrogen produced today is used in petroleum refineries and fertilizer production out of which 90% is derived from fossil fuel reformation and is the most cost-effective way. However, because CO2 is emitted in the process, there are no meaningful climatic advantages. Green hydrogen is produced by electrolysis of water using renewable energy sources such as onshore and offshore wind and solar power. Green hydrogen offers a wide range of uses from industrial feedstock to fuel cells and energy storage.

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

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Competitive Outlook: The leading companies operating in the Hydrogen Generation market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Hydrogen Generation Market and Profiled in the Report are:

Enapter, Claind, Atawey, Hiringa Energy, Exytron, Messer, Hydrogenics Corporation, SOL Group, Iwatani Corporation and Linde PLC

Objectives of the Report:

Study of the global Hydrogen Generation market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Hydrogen Generation market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Hydrogen Generation market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Hydrogen Generation market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

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Technology Outlook (Revenue, USD Billion; 2019–2030)
Steam Methane Reforming
Coal Gasification
Electrolysis
Partial Oxidation
Source Outlook (Revenue, USD Billion; 2019–2030)
Blue Hydrogen
Green Hydrogen
Application Outlook (Revenue, USD Billion; 2019–2030)
Petroleum Refinery
Ammonia Production
Methanol Production
Transportation
Power Generation
Others
Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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About Emergen Research

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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