Hydrogen Generation Market – Opportunities, Size & Growth Projections {2027}

The global hydrogen generation market is expected to grow at a steady rate during the forecast period. The global hydrogen generation market is driven by growing environmental concerns pertaining to greenhouse gas emissions, global warming, and climate change. This has increased the need to adopt cleaner forms of energy and reduce the carbon footprint. This in turn is expected to positively influence the market growth through 2027.

Additionally, increasing demand across various end-user industries such as oil & gas, transportation, semiconductors, among others is further expected to propel the market growth over the next few years. Furthermore, supportive government policies for bringing down the emission levels and desulphurization of refinery activities are expected to fuel the market growth. However, hydrogen is a highly flammable gas and hence needs to be carefully handled and transported. This can hamper the market growth up to a certain extent. Besides, hydrogen does not exist in a free state in nature hence a lot of energy is required to separate out hydrogen thereby slowing down the market growth.The global hydrogen generation market is segmented based on system, technology, storage, application, company, and region. Based on system, the market can be split into captive and merchant. The merchant segment is expected to register significant growth in the market since it can produce hydrogen using water electrolysis and natural gas processes. This reduces the need for the transportation of fuel and the construction of hydrogen generation infrastructure.Based on technology, the market can be categorized into steam methane reforming, partial oxidation of oil, coal gasification, electrolysis of water, and others. The steam methane reforming segment is expected to dominate the market owing to the associated benefits such as affordability, production of hydrogen from conventional sources, high conversion efficiency since it is an advanced technology, among others.Regionally, the hydrogen generation market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall hydrogen generation market owing to the growing environmental concerns in the region. Additionally, the U.S. is among the early adopters of clean energy solutions in the world for sectors such as power generation, manufacturing, and transportation.The major players operating in the hydrogen generation market are Air Liquide, Air Products and Chemicals, Iwatani, Hydrogenics, Linde, Praxair, Messer Group, Showa Denko, Ally Hi Tech, Caloric and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

• To analyze and estimate the market size of global hydrogen generation market from 2017 to 2020.To estimate and forecast the market size of global hydrogen generation market from 2021 to 2027 and growth rate until 2027.To classify and forecast global hydrogen generation market based on system, technology, storage, application, company and regional distribution.To identify dominant region or segment in the global hydrogen generation market.To identify drivers and challenges for global hydrogen generation market.To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global hydrogen generation market.To identify and analyze the profile of leading players operating in global hydrogen generation market.To identify key sustainable strategies adopted by market players in global hydrogen generation market.
Click here to download FREE sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=2314   TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.TechSci Research calculated the market size of global hydrogen generation market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Hydrogen generation manufacturers/ suppliers/ distributorsMarket research and consulting firmsGovernment bodies such as regulating authorities and policy makersOrganizations, forums and alliances related to hydrogen generation
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

AttributeDetailsBase Year2021Historical Years2017 – 2020Estimated Year2022Forecast Period2023 – 2027Quantitative UnitsRevenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027Report CoverageRevenue forecast, volume forecast, company share, competitive landscape, growth factors, and trendsSegments Covered SystemTechnologyStorageApplication Regional ScopeNorth America; Asia Pacific; Europe & CIS; South America; Middle East & AfricaCountry ScopeUnited States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; EgyptKey Companies ProfiledAir Liquide, Air Products and Chemicals, Iwatani, Hydrogenics, Linde, Praxair, Messer Group, Showa Denko, Ally Hi Tech, Caloric.Customization Scope10% free report customization with purchase. Addition or alteration to country, regional & segment scope.Pricing and Purchase OptionsAvail customized purchase options to meet your exact research needs. Explore purchase optionsDelivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global hydrogen generation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Hydrogen Generation Market, By System:

• CaptiveMerchant

Global Hydrogen Generation Market, By Technology:

• Steam Methane ReformingPartial Oxidation of OilCoal GasificationElectrolysis of WaterOthers

Global Hydrogen Generation Market, By Storage:

• On-BoardUndergroundPower-to-Gas

Global Hydrogen Generation Market, By Application:

• Petroleum RefineryAmmonia ProductionMethanol ProductionPower GenerationOthers

Global Hydrogen Generation Market, By Region:

• North America
  • United StatesCanadaMexico
  Europe
  • GermanyFranceUnited KingdomItalySpain
  Asia-Pacific
  • ChinaJapanIndiaSouth KoreaAustralia
  Middle East & Africa
  • South AfricaSaudi ArabiaUAEKuwait
  South America
  • BrazilArgentinaColombia

Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in global hydrogen generation market.Available Customizations:With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:Company Information

Detailed analysis and profiling of additional market players (up to five).

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Product OverviewResearch MethodologyImpact of COVID-19 on the Global Hydrogen Generation MarketExecutive SummaryVoice of CustomerGlobal Hydrogen Generation Market Outlook

6.1.  Market Size & Forecast6.1.1.     By Value6.2.  Market Share & Forecast6.2.1.     By System (Captive v/s Merchant)6.2.2.     By Technology (Steam Methane Reforming, Partial Oxidation of Oil, Coal Gasification, Electrolysis of Water, Others)6.2.3.     By Storage (On-Board, Underground, Power-to-Gas)6.2.4.     By Application (Petroleum Refinery, Ammonia Production, Methanol Production, Power Generation, Others)6.2.5.     By Company (2021)6.2.6.     By Region6.3.  Product Market Map

7. Asia-Pacific Hydrogen Generation Market Outlook

7.1.  Market Size & Forecast          7.1.1.     By Value7.2.  Market Share & Forecast7.2.1.     By System7.2.2.     By Technology7.2.3.     By Storage7.2.4.     By Application7.2.5.     By Country7.3.  Asia-Pacific: Country Analysis7.3.1.     China Hydrogen Generation Market Outlook7.3.1.1.         Market Size & Forecast7.3.1.1.1.             By Value7.3.1.2.         Market Share & Forecast7.3.1.2.1.             By System7.3.1.2.2.             By Technology7.3.1.2.3.             By Storage7.3.1.2.4.             By Application7.3.2.     India Hydrogen Generation Market Outlook7.3.2.1.         Market Size & Forecast7.3.2.1.1.             By Value7.3.2.2.         Market Share & Forecast7.3.2.2.1.             By System7.3.2.2.2.             By Technology7.3.2.2.3.             By Storage7.3.2.2.4.             By Application7.3.3.     Australia Hydrogen Generation Market Outlook7.3.3.1.         Market Size & Forecast7.3.3.1.1.             By Value7.3.3.2.         Market Share & Forecast7.3.3.2.1.             By System7.3.3.2.2.             By Technology7.3.3.2.3.             By Storage7.3.3.2.4.             By Application7.3.4.     Japan Hydrogen Generation Market Outlook7.3.4.1.         Market Size & Forecast7.3.4.1.1.             By Value7.3.4.2.         Market Share & Forecast7.3.4.2.1.             By System7.3.4.2.2.             By Technology7.3.4.2.3.             By Storage7.3.4.2.4.             By Application7.3.5.     South Korea Hydrogen Generation Market Outlook7.3.5.1.         Market Size & Forecast7.3.5.1.1.             By Value7.3.5.2.         Market Share & Forecast7.3.5.2.1.             By System7.3.5.2.2.             By Technology7.3.5.2.3.             By Storage7.3.5.2.4.             By Application

8. Europe Hydrogen Generation Market Outlook

8.1.  Market Size & Forecast          8.1.1.     By Value8.2.  Market Share & Forecast8.2.1.     By System8.2.2.     By Technology8.2.3.     By Storage8.2.4.     By Application8.2.5.     By Country8.3.  Europe: Country Analysis8.3.1.     France Hydrogen Generation Market Outlook8.3.1.1.         Market Size & Forecast8.3.1.1.1.             By Value8.3.1.2.         Market Share & Forecast8.3.1.2.1.             By System8.3.1.2.2.             By Technology8.3.1.2.3.             By Storage8.3.1.2.4.             By Application8.3.2.     Germany Hydrogen Generation Market Outlook8.3.2.1.         Market Size & Forecast8.3.2.1.1.             By Value8.3.2.2.         Market Share & Forecast8.3.2.2.1.             By System8.3.2.2.2.             By Technology8.3.2.2.3.             By Storage8.3.2.2.4.             By Application8.3.3.     United Kingdom Hydrogen Generation Market Outlook8.3.3.1.         Market Size & Forecast8.3.3.1.1.             By Value8.3.3.2.         Market Share & Forecast8.3.3.2.1.             By System8.3.3.2.2.             By Technology8.3.3.2.3.             By Storage8.3.3.2.4.             By Application8.3.4.     Italy Hydrogen Generation Market Outlook8.3.4.1.         Market Size & Forecast8.3.4.1.1.             By Value8.3.4.2.         Market Share & Forecast8.3.4.2.1.             By System8.3.4.2.2.             By Technology8.3.4.2.3.             By Storage8.3.4.2.4.             By Application8.3.5.     Spain Hydrogen Generation Market Outlook8.3.5.1.         Market Size & Forecast8.3.5.1.1.             By Value8.3.5.2.         Market Share & Forecast8.3.5.2.1.             By System8.3.5.2.2.             By Technology8.3.5.2.3.             By Storage8.3.5.2.4.             By Application

9. North America Hydrogen Generation Market Outlook

9.1.  Market Size & Forecast          9.1.1.     By Value9.2.  Market Share & Forecast9.2.1.     By System9.2.2.     By Technology9.2.3.     By Storage9.2.4.     By Application9.2.5.     By Country9.3.  North America: Country Analysis9.3.1.     United States Hydrogen Generation Market Outlook9.3.1.1.         Market Size & Forecast9.3.1.1.1.             By Value9.3.1.2.         Market Share & Forecast9.3.1.2.1.             By System9.3.1.2.2.             By Technology9.3.1.2.3.             By Storage9.3.1.2.4.             By Application9.3.2.     Mexico Hydrogen Generation Market Outlook9.3.2.1.         Market Size & Forecast9.3.2.1.1.             By Value9.3.2.2.         Market Share & Forecast9.3.2.2.1.             By System9.3.2.2.2.             By Technology9.3.2.2.3.             By Storage9.3.2.2.4.             By Application9.3.3.     Canada Hydrogen Generation Market Outlook9.3.3.1.         Market Size & Forecast9.3.3.1.1.             By Value9.3.3.2.         Market Share & Forecast9.3.3.2.1.             By System9.3.3.2.2.             By Technology9.3.3.2.3.             By Storage9.3.3.2.4.             By Application

10. South America Hydrogen Generation Market Outlook

10.1.              Market Size & Forecast10.1.1.  By Value10.2.              Market Share & Forecast10.2.1.  By System10.2.2.  By Technology10.2.3.  By Storage10.2.4.  By Application10.2.5.  By Country10.3.              South America: Country Analysis10.3.1.  Brazil Hydrogen Generation Market Outlook10.3.1.1.      Market Size & Forecast10.3.1.1.1.           By Value10.3.1.2.      Market Share & Forecast10.3.1.2.1.           By System10.3.1.2.2.           By Technology10.3.1.2.3.           By Storage10.3.1.2.4.           By Application10.3.2.  Argentina Hydrogen Generation Market Outlook10.3.2.1.      Market Size & Forecast10.3.2.1.1.           By Value10.3.2.2.      Market Share & Forecast10.3.2.2.1.           By System10.3.2.2.2.           By Technology10.3.2.2.3.           By Storage10.3.2.2.4.           By Application10.3.3.  Colombia Hydrogen Generation Market Outlook10.3.3.1.      Market Size & Forecast10.3.3.1.1.           By Value10.3.3.2.      Market Share & Forecast10.3.3.2.1.           By System10.3.3.2.2.           By Technology10.3.3.2.3.           By Storage10.3.3.2.4.           By Application

11. Middle East and Africa Hydrogen Generation Market Outlook

11.1.              Market Size & Forecast11.1.1.  By Value11.2.              Market Share & Forecast11.2.1.  By System11.2.2.  By Technology11.2.3.  By Storage11.2.4.  By Application11.2.5.  By Country11.3.              MEA: Country Analysis11.3.1.  South Africa Hydrogen Generation Market Outlook11.3.1.1.      Market Size & Forecast11.3.1.1.1.           By Value11.3.1.2.      Market Share & Forecast11.3.1.2.1.           By System11.3.1.2.2.           By Technology11.3.1.2.3.           By Storage11.3.1.2.4.           By Application11.3.2.  Saudi Arabia Hydrogen Generation Market Outlook11.3.2.1.      Market Size & Forecast11.3.2.1.1.           By Value11.3.2.2.      Market Share & Forecast11.3.2.2.1.           By System11.3.2.2.2.           By Technology11.3.2.2.3.           By Storage11.3.2.2.4.           By Application11.3.3.  UAE Hydrogen Generation Market Outlook11.3.3.1.      Market Size & Forecast11.3.3.1.1.           By Value11.3.3.2.      Market Share & Forecast11.3.3.2.1.           By System11.3.3.2.2.           By Technology11.3.3.2.3.           By Storage11.3.3.2.4.           By Application11.3.4.  Kuwait Hydrogen Generation Market Outlook11.3.4.1.      Market Size & Forecast11.3.4.1.1.           By Value11.3.4.2.      Market Share & Forecast11.3.4.2.1.           By System11.3.4.2.2.           By Technology11.3.4.2.3.           By Storage11.3.4.2.4.           By Application

12. Market Dynamics

12.1.              Drivers12.2.              Challenges

13. Market Trends & DevelopmentsCompetitive Landscape

14.1.              Air Liquide14.2.              Air Products and Chemicals14.3.              Iwatani14.4.              Hydrogenics14.5.              Linde14.6.              Praxair14.7.              Messer Group14.8.              Showa Denko14.9.              Ally Hi Tech14.10.            Caloric

15. Strategic Recommendations