The Hydrogen Generation Market research report classifies the market trends relevant to the supply, requirement, and arrangement, at any rate, the new events. The report highlights huge drivers, restrictions, and positive chances to give a definite image of the market. The Hydrogen Generation Market research report gives complete details about the profitable emerging markets and examines insights into the markets' developing section. Furthermore, the Hydrogen Generation Market research report gives a complete evaluation of market shares, approaches, products, verification, regulatory approvals, copyright aspect, and manufacturing proficiency of the leading players.

Hydrogen Generation Market, by Application (Petroleum Refinery, Ammonia & Methanol production, Transportation, Power Generation), Generation & Delivery Mode (Captive, Merchant), Source (Blue, Green & Grey Hydrogen), Technology and Geography (North Am

Market Overview

The global hydrogen generation market size is projected to reach USD 204 billion by 2026 at a CAGR of 9.5% from USD 135 billion in 2021 during the forecast period 2021-2028.

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Hydrogen production is an industrial method used for the generation of hydrogen gas. The majority of the production of hydrogen gas is by fossil fuels. Other sources include natural gas, light hydrocarbons, and coal gas.

The surge in demand for long-term storage of renewable energy along with the raised demand from the transportation sector are some of the factors that have supported long-term expansion for the Hydrogen Generation Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. With the governmental stringent regulation in order to control the pandemic declined the market. erica,

Regional Analysis

Asia Pacific is expected to be the largest market during the forecast period. With the commercialization of the fuel cell along with the region.

Key Players

  • Air Liquide
  • Cummins
  • Linde
  • Air Products & Chemicals
  • Iwatani
  • Engie
  • ITM Power
  • NEL Hydrogen
  • Fuel Cell Energy
  • Messer Group
  • Showa Denko
  • Taiyo Nippon
  • Xebec
  • Uniper
  • McPhy Energy
  • Enapter
  • Starfire Energy
  • Claind
  • Plug Power
  • Ally-Hi Tech
  • Green Hydrogen Systems
  • Aquahydrex
  • Electrochaea
  • Exytron
  • Hiringa Energy
  • PowerTap
  • Heliogen
  • Ergousp
  • HyTech Power
  • Atawey

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Recent Developments

  • In January 2019, Air Liquide completed the acquisition of Hydrogenics in order to install the largest PEM electrolyzer in Canada with a 20 megawatts (MW) capacity for the production of low-carbon hydrogen (the facility will use hydropower).
  • In January 2021, Cummins and Air Liquide entered into a joint venture agreement in order to promote green hydrogen.
  • The Department of Energy (DOE) of the United States announced $40 million in financing to accelerate the research and implementation of clean hydrogen technology.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for the Hydrogen Generation market so as to understand the trends and the factors involved in changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Table of Contents

Hydrogen Generation Market is segmented into technology, application, source, generation & delivery mode and geography.

On the basis of the Source

  • Blue Hydrogen
  • Green Hydrogen
  • Grey Hydrogen

On the basis of Technology

  • Steam Methane Reforming (SMR)
  • Partial Oxidation (POX)
  • Coal Gasification
  • Electrolysis

On the basis of the Application

  • Petroleum Refinery
  • Ammonia Production
  • Methanol Production
  • Transportation
  • Power Generation
  • Other Applications

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

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