Major efforts in the research included evaluating the present size of the hydrogen generating market. To gather information on the peer and parent markets, extensive secondary research was conducted. The next stage was to conduct primary research to confirm these results, assumptions, and sizing with industry experts across the value chain. To estimate the entire market size, both top-down and bottom-up methodologies were used. The market size of the segments and subsegments was then estimated using market breakdown and data triangulation.
The hydrogen generating market is made up of numerous players, including hydrogen producers, technology suppliers, and supply chain technical support providers. The increased need for hydrogen generation in different applications such as petroleum refinery, transportation, ammonia production, methanol production, and others characterises the demand side of this market. Rising demand for contracts from the industrial sector, as well as mergers and acquisitions among major businesses, characterise the supply side. To acquire qualitative and quantitative information, several primary sources from both the supply and demand sides of the market were interviewed.
This market research study on hydrogen generation used extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg, Factiva, IRENA, International Energy Agency, and Statista Industry Journal, to collect and identify information useful for a technical, market-oriented, and commercial study of the market. Other secondary sources included company annual reports, press announcements, and investor presentations, white papers, certified publications, articles by recognised writers, manufacturing organisations, trade directories, and databases.
Hydrogen Generation Market based on Type:
Hydrogen Generation Market based on Technology:
- Steam Methane Reforming
- Water Electrolysis
- Partial Oil Oxidation
- Coal Gasification
Hydrogen Generation Market based on Application:
- Ammonia Production
- Petroleum Refinery
- Methanol Production
- Transportation
- Power Generation
- Others
Hydrogen Generation Market based on Geography:
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
The hydrogen production market is divided into five groups depending on technology: steam methane reforming (SMR), partial oxidation (POX), coal gasification, auto thermal reforming (ATR), and electrolysis. During the projection period, the electrolysis category is predicted to be the fastest-growing market. One of the primary elements driving the electrolysis industry is the increasing investment in the generation of green hydrogen. Regulations and aims to minimise carbon emissions are being implemented by governments and international organisations. Electrolysis does not release or generate any byproducts other than hydrogen and oxygen. Electrolysis and heat recovery reduce costs and boost energy efficiency in hydrogen generation.
The hydrogen generation market is divided into six applications in this report: petroleum refinery, ammonia production, methanol production, transportation, power generation, and others. During the anticipated time, ammonia production application is expected to be the second biggest segment. The potential of ammonia as a carbon-free fuel, hydrogen transporter, and energy store provides a chance for renewable hydrogen technologies to be applied on a larger scale. Most current nitrogen-based fertilisers require ammonia. Typically, hydrogen is manufactured on-site in ammonia facilities from a fossil fuel feedstock. Demand for carbon-free hydrogen for nitrogen-based fertilisers boosts ammonia production, boosting the segment’s development in the hydrogen generating market.
Between 2023 and 2028, North America is predicted to be the largest region in the hydrogen generation market, followed by Europe and Asia Pacific. North America has been the market leader in hydrogen generation. The presence of prominent solution providers such as Air Liquide (France) and Air Products and Chemicals, Inc. (US) is driving expansion in the regional hydrogen generating industry. Blue hydrogen is widely produced in North America. The region’s transport industry is striving to harness green and blue hydrogen. Hydrogen is in high demand in the oil refining and chemical industries, as well as the transportation and electrical sectors.
- This report illustrates the most vital attributes of the Hydrogen Generation Market, which are driving and providing opportunities.
- This research gives an in-depth analysis of the Hydrogen Generation Market growth on the basis of several segments in the market.
- This report presents the predictions of the past and present trends of the Market.
- This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Hydrogen Generation Market.
List of Tables
TABLE 1. HYDROGEN GENERATION MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 2. HYDROGEN GENERATION MARKET VALUE FOR ON-SITE, BY GEOGRAPHY , 2021-2030 (USD BILLION)
TABLE 3. HYDROGEN GENERATION MARKET VALUE FOR PORTABLE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 4. HYDROGEN GENERATION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 5. HYDROGEN GENERATION MARKET VALUE FOR STEAM METHANE REFORMING, 2021-2030 (USD BILLION)
TABLE 6. HYDROGEN GENERATION MARKET VALUE FOR WATER ELECTROLYSIS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 7. HYDROGEN GENERATION MARKET VALUE FOR PARTIAL OIL OXIDATION, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 8. HYDROGEN GENERATION MARKET VALUE FOR COAL GASIFICATION, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 9. HYDROGEN GENERATION MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 10. HYDROGEN GENERATION MARKET VALUE FOR AMMONIA PRODUCTION, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 11. HYDROGEN GENERATION MARKET VALUE FOR PETROLEUM REFINERY, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 12. HYDROGEN GENERATION MARKET VALUE FOR METHANOL PRODUCTION, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 13. HYDROGEN GENERATION MARKET VALUE FOR TRANSPORTATION, 2021-2030 (USD BILLION)
TABLE 14. HYDROGEN GENERATION MARKET VALUE FOR POWER GENERATION, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 15. HYDROGEN GENERATION MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 16. NORTH AMERICA HYDROGEN GENERATION MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 17. NORTH AMERICA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 18. NORTH AMERICA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 19. NORTH AMERICA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 20. U.S HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 21. U.S HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 22. U.S HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 23. CANADA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 24. CANADA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 25. CANADA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 26. MEXICO HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 27. MEXICO HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 28. MEXICO HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 29. EUROPE HYDROGEN GENERATION MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 30. EUROPE HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 31. EUROPE HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 32. EUROPE HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 33. GERMANY HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 34. GERMANY HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 35. GERMANY HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 36. U.K HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 37. U.K HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 38. U.K HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 39. FRANCE HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 40. FRANCE HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 41. FRANCE HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 42. ITALY HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 43. ITALY HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 44. ITALY HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 45. SPAIN HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 46. SPAIN HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 47. SPAIN HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 48. ROE HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 49. ROE HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 50. ROE HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 51. ASIA PACIFIC HYDROGEN GENERATION MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 52. ASIA PACIFIC HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 53. ASIA PACIFIC HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 54. ASIA PACIFIC HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 55. CHINA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 56. CHINA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 57. CHINA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 58. INDIA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 59. INDIA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 60. INDIA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 61. JAPAN HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 62. JAPAN HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 63. JAPAN HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 64. REST OF APAC HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 65. REST OF APAC HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 66. REST OF APAC HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 67. LATIN AMERICA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 68. LATIN AMERICA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 69. LATIN AMERICA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 70. BRAZIL HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 71. BRAZIL HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 72. BRAZIL HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 73. ARGENTINA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 74. ARGENTINA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 75. ARGENTINA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 76. MIDDLE EAST AND AFRICA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 77. MIDDLE EAST AND AFRICA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 78. MIDDLE EAST AND AFRICA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 79. SAUDI ARABIA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 80. SAUDI ARABIA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 81. SAUDI ARABIA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 82. UAE HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 83. UAE HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 84. UAE HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 85. REST OF MIDDLE EAST AND AFRICA HYDROGEN GENERATION MARKET VALUE, BY OPERATING SYSTEM, 2021-2030 (USD BILLION)
TABLE 86. REST OF MIDDLE EAST AND AFRICA HYDROGEN GENERATION MARKET VALUE, BY ORGANIZATION SIZE, 2021-2030 (USD BILLION)
TABLE 87. REST OF MIDDLE EAST AND AFRICA HYDROGEN GENERATION MARKET VALUE, BY END USERS, 2021-2030 (USD BILLION)
TABLE 88. AIR LIQUIDE INTERNATIONAL S.A : FINANCIALS
TABLE 89. AIR LIQUIDE INTERNATIONAL S.A : PRODUCTS & SERVICES
TABLE 90. AIR LIQUIDE INTERNATIONAL S.A : RECENT DEVELOPMENTS
TABLE 91. AIR PRODUCTS AND CHEMICALS, INC: FINANCIALS
TABLE 92. AIR PRODUCTS AND CHEMICALS, INC: PRODUCTS & SERVICES
TABLE 93. AIR PRODUCTS AND CHEMICALS, INC: RECENT DEVELOPMENTS
TABLE 94. HYDROGENICS CORPORATION: FINANCIALS
TABLE 95. HYDROGENICS CORPORATION: PRODUCTS & SERVICES
TABLE 96. HYDROGENICS CORPORATION: RECENT DEVELOPMENTS
TABLE 97. INOX AIR PRODUCTS LTD.: FINANCIALS
TABLE 98. INOX AIR PRODUCTS LTD.: PRODUCTS & SERVICES
TABLE 99. INOX AIR PRODUCTS LTD.: RECENT DEVELOPMENTS
TABLE 100. IWATANI CORPORATION: FINANCIALS
TABLE 101. IWATANI CORPORATION: PRODUCTS & SERVICES
TABLE 102. IWATANI CORPORATION: RECENT DEVELOPMENTS
TABLE 103. LINDE PLC: FINANCIALS
TABLE 104. LINDE PLC: PRODUCTS & SERVICES
TABLE 105. LINDE PLC: RECENT DEVELOPMENTS
TABLE 106. MATHESON TRI-GAS, INC.: FINANCIALS
TABLE 107. MATHESON TRI-GAS, INC.: PRODUCTS & SERVICES
TABLE 108. MATHESON TRI-GAS, INC.: DEVELOPMENTS
TABLE 109. MESSER: FINANCIALS
TABLE 110. MESSER: PRODUCTS & SERVICES
TABLE 111. MESSER: RECENT DEVELOPMENTS
TABLE 112. SOL GROUP: FINANCIALS
TABLE 113. SOL GROUP: PRODUCTS & SERVICES
TABLE 114. SOL GROUP: RECENT DEVELOPMENTS
TABLE 115. TOKYO GAS CHEMICALS CO., LTD.: FINANCIALS
TABLE 116. TOKYO GAS CHEMICALS CO., LTD.: PRODUCTS & SERVICES
TABLE 117. TOKYO GAS CHEMICALS CO., LTD.: RECENT DEVELOPMENTS
