Global Hydrogen Generation Industry Report 2023
: Market Trends with Historical Revenue Data for 2022, Estimates for 2023, Forecasts for 2024, and CAGR Projections through 2028 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Hydrogen Generation Market” report has been added to ResearchAndMarkets.com’s offering.
Global Hydrogen Generation Market is projected to reach a value of $271.1 billion by 2028 from $166.7 billion, growing at a CAGR of 10.2% during 2023-2028
This report provides an analysis of the global market for hydrogen generation. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. This report also offers insights on drivers and opportunities for the market, which were gathered through primary and secondary research. It also covers various market factors, including COVID-19 impact, the Russia-Ukraine war, Porter’s five forces, use case analysis, and the regulatory landscape. Hydrogen generation from sea water is not taken into consideration while doing this report.
Hydrogen production is the family of industrial methods for generating hydrogen gas. It is a flexible and clean energy source that may be applied to industrial operations, power generation, transportation, and fuel cells. Different processes, such as electrolysis, biomass conversion, and the reforming of fossil fuels, can produce hydrogen. Steam methane reforming (SMR), one of the most popular processes for producing hydrogen, combines natural gas with hot steam to produce hydrogen and carbon dioxide as byproducts. A sizable amount of the world’s hydrogen generation is due to this technique.
Another significant way of producing hydrogen is electrolysis, which involves using electricity to separate water molecules into hydrogen and oxygen. This method is sustainable since it may use renewable energy sources like solar and wind energy. According to statistical evidence, electrolysis-based hydrogen production is expanding quickly and is expected to impact the hydrogen economy in the future significantly.
There has been a lot of emphasis on boosting hydrogen-producing capacity in recent years. Several nations and businesses are developing large-scale hydrogen manufacturing facilities. For instance, China now produces the most hydrogen. Germany, South Korea, Japan, the U.S., and others also invest in hydrogen technology and infrastructure.
In conclusion, the shift to a sustainable energy future is greatly aided by hydrogen production. Hydrogen is positioned to play a significant role in the global energy mix thanks to its many production techniques and rising investments. The statistical statistics demonstrate the growing significance of electrolysis-based hydrogen production and the supremacy of steam methane reforming.
Report Includes
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028
- Estimate of the actual market size and revenue forecast for the hydrogen generation market in USD millions, and a corresponding market share analysis based on type, technology, source, delivery mode, application and region
- In-depth information (facts and figures) concerning the market drivers, challenges, opportunities and prospects, as well as the technologies, regulatory scenarios and the impacts of COVID-19 and the Russia-Ukraine war
- Discussion of the importance of ESG in the hydrogen generation market, as well as consumer attitudes, risks and opportunities assessment, and ESG practices followed by leading market participants
- Analysis of the market growth opportunities with a holistic review of Porter’s Five Forces and value chain analyses, taking into consideration the prevailing micro
- and macroeconomic factors in the market
- A look at the major vendors in the global market, and an analysis of the industry structure with respect to company market shares, venture fundings, and recent mergers and acquisitions (M&A) activity
- An analysis of new and existing patents on hydrogen generation
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
- Profiles of the major global players
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 260 |
| Forecast Period | 2023 – 2028 |
| Estimated Market Value (USD) in 2023 | $166.7 Billion |
| Forecasted Market Value (USD) by 2028 | $271.1 Billion |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Introduction
- Introduction
- Study Goals and Objectives
- Reasons for Doing this Study
- Scope of Report
- Research Methodology
- Information Sources
- Geographic Breakdown
Chapter 2 Summary and Highlights
- Market Outlook
- Market Summary
Chapter 3 Market Overview
- Introduction
- Evolution of Hydrogen Generation
- Value Chain Analysis
- Input Materials
- Production
- Transport and Storage
- Distribution
- Utilization
- End-Of-Life/Recycling
- Porter’s Five Forces Model
- Impact of Covid-19 on the Global Market
- Market Contraction and Initial Disruptions
- Supply Chain Disruptions
- Change in Government Priorities
- Accelerated Research and Innovation
- Renewing Government Commitments and Incentives
- Global Partnerships and Collaborations
- Ukraine-Russia War Impact on the Global Market
- Impact on Disruptions in the Supply Chain
- Impact on Investment and Geopolitical Uncertainty
- Impact on Hydrogen Infrastructure Projects
- Impact on Market Dynamics at the Regional and World Levels
- Impact on International Cooperation and Energy Security
- Impact on the Development of Green and Blue Hydrogen Strategies
Chapter 4 Market Dynamics
- Overview
- Key Market Drivers
- Green Hydrogen-Generating Systems Are Being Developed and Researched Constantly
- Increasing Adoption of Fuel Cell Electric Vehicles
- Growing Demand for Clean Energy
- Reduction of Carbon Emissions
- Market Restraints
- Loss of Energy During the Production of Hydrogen
- Lack of Development in the Hydrogen Infrastructure
- Key Challenges for the Hydrogen Generation Market
- Production of Green Hydrogen Comes at a High Expense
- Hydrogen’s Integration into Natural Gas Networks is Difficult
- Market Opportunities
- Hydrogen Becoming An Attractive Fuel Source for Heavy-Duty Applications
- Government Programs to Quicken Deployment of Hydrogen Fueling Stations
- Increased Emphasis on Meeting the Net Zero Emission Goal by 2050
- Short-Term and Long-Term Impact of Market Dynamics
Chapter 5 Market Breakdown by Type
- Overview
- Grey Hydrogen
- Blue Hydrogen
- Green Hydrogen
Chapter 6 Market Breakdown by Source
- Overview
- Natural Gas
- Oil
- Coal
- Coal Gasification to Produce Hydrogen
- Systems With An Integrated Gasification Combined Cycle (Igcc)
- Steam Methane Reforming (Smr) With Coal Pyrolysis
- Carbon Capture and Storage (Ccs) With Coal-Based Hydrogen
- Environmental Challenges and Impacts
- Future Opportunities and Research Projects
- Renewable and Grid Electricity
- Solar Energy
- Wind Energy
- Hydropower
- Biomass and Bioenergy
- Geothermal Energy
- Tidal and Wave Energy
- Grid Integration, Electrolysis and Potential Difficulties
Chapter 7 Market Breakdown by Technology
- Overview
- Steam Methane Reforming (Smr)
- Tubular Reforming
- Autothermal Reforming (Atr)
- Combined or Integrated Reforming
- Partial Oxidation (Pox)
- Non-Catalytic Pox
- Catalytic Pox
- Coal Gasification
- Electrolysis
Chapter 8 Market Breakdown by Delivery Mode
- Overview
- Captive
- Merchant
Chapter 9 Market Breakdown by Application
- Overview
- Petroleum Refinery
- Ammonia Production
- Methanol Production
- Others
- Transportation
- Power Generation
Chapter 10 Market Breakdown by Region
- Overview
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- South America
Chapter 11 ESG Development
- Overview
- Importance of ESG in Hydrogen Generation
- Future of ESG With Hydrogen Generation
- Case Study: Examples of Successful Implementation of ESG
- Concluding Remarks
Chapter 12 Emerging Technologies and Developments
- Introduction
- Current Market Trends
- Emergence of India’s Hydrogen Market
- Inflation Reduction Act Will Boost North American Hydrogen Investment
- Transition to Africa’s Clean Hydrogen Hub
- Global Policy Changes to Accelerate Final Investment Decisions
- Hydrogen as An Energy Storage Solution
- Emerging and Upcoming Trends in Hydrogen Generation
- Hydrogen Fuel Cells
- Renewable Hydrogen
- Advanced Electrolysis
- X-To-Hydrogen-To-X
- Hydrogen Carriers
Chapter 13 Patent Analysis
- Overview
- Key Patents
Chapter 14 M&A and Venture Funding Outlook
- M&A Analysis
- Startups Funding in Hydrogen Generation
Chapter 15 Competitive Intelligence
- Overview
- Market Share Analysis
- Market Strategy Analysis for Hydrogen Generation
- Agreement
- Partnership
- Expansion
- Investment
- Key Market Developments
- Agreements
- Partnerships
- Investments
- Expansions
Chapter 16 Company Profiles
- Air Liquide
- Air Products and Chemicals Inc.
- Cummins Inc.
- Enapter S.R.L.
- Engie
- Green Hydrogen Systems
- Itm Power plc
- Iwatani Corp.
- Linde plc
- Mcphy Energy S.A.
- Nel Asa
- Orsted A/S
- Plug Power Inc.
- Siemens AG
- Uniper Se
For more information about this report visit https://www.researchandmarkets.com/r/xbsjf2
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