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 report offers insightful information about the market dynamics of the Hydrogen Generation market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Hydrogen Generation market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Hydrogen Generation market. It puts examines drivers and restraints of the Hydrogen Generation market and analyzes their impact on the industry throughout the forecast period.

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 Key Players operating in the industry are:

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

Radical Features of the Hydrogen Generation Market Report:

• The report encompasses Hydrogen Generation market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Hydrogen Generation industry

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Segmentation:

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 Analysis Covers:

• 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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