openPR Logo
Press release

What's Driving the Hydrogen Generator Market Trends? | Top Companies are Hydrogenics Corporation, Linde A.G, McPhy Energy, Idroenergy, Praxair Inc., Air Liquide SA

03-16-2020 11:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport.com
Hydrogen Generator Market

Hydrogen Generator Market

Market Study Report LLC presents an extensive report on Hydrogen Generator market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determine the future scope of the industry in terms of commercialization opportunities.

The global hydrogen generator market share has been broadly classified on product basis as onsite and portable generator. Onsite hydrogen generators market, owing to their wide application scope across oil and gas, chemical processing and refinery sector should continue to dominate demand. In addition, portable generator is projected to expand at 5.8% growth, it produces temporary energy which finds application in transportation and remote construction site. Hydrogen Generator Market size is expected to reach USD 1.32 billion by 2024; according to a new research report.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467762/?utm_source=OPR.com-SP

Global hydrogen generator industry has also been categorized on process basis (Steam Reformer, Electrolysis, Others). Steam reformer was largest process accounting at over 70% of global share in 2015. Whereas, rising electrolysis process in small scale hydrogen generator is likely drive industry growth.

Hydrogen generator market is further segregated on application basis as chemical processing, petroleum recovery, fuel cells, refinery, and others. Fuel cell market accounted over 15% of global share in 2015. Increasing fuel cells demand in residential and transport owing to its low emission characteristics is likely to complement industry growth.

Global hydrogen generator market share is fairly consolidated. Major industry players include Hydrogenics Corporation, Linde A.G, and Air Products &Chemicals Inc. Other significant market share contributors are Air Liquide SA, Idroenergy, Praxair Inc., McPhy Energy, Airgas Inc., and ParkarBalston.

Rising demand for low emission fuel coupled with increasing need to minimize fossil fuel dependency is forecast to boost hydrogen generators over the forecast timeframe. In addition, low cost availability of abundant natural gas is forecast to be key growth driving factor. Also, increasing hydrogen use across food &beverage to eliminate viruses and bacteria may further compliment growth. However, transportation cost and risk synced with hydrogen coupled with deficient storage infrastructure may hamper industry growth.

Key insights from the report include:
Electrolysis process is forecast to reach USD 225 million by 2024. Chemical processing was valued at over USD 480 million in 2015. Increasing chemical processing activities where hydrogen is used as feedstock is forecast to drive hydrogen generator market size.

U.S. hydrogen generator market size accounted more than 25% of global share in 2015. Growing fuel cells electric vehicles (FCEV) industry in the region has increasing demand for hydrogen fueling stations will stimulate demand.

Asia Pacific, led by China, Japan, India, and South Korea, market is estimated to witness gains at over 6% CAGR up to 2024. Stringent low emission norms coupled with rapid industrialization in the region is anticipated to drive hydrogen generator demand in the region.

Table of Contents:

Chapter 1. Methodology and Scope

1.1. Research methodology

1.1.1. Initial data exploration

1.1.2. Statistical modeling and forecast

1.1.3. Industry insights and validation

1.2. Data sources

Chapter 2. Executive Summary

2.1. Hydrogen generator industry 360 degree synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Application trends

2.1.3. Regional trends

Chapter 3. Hydrogen Generator Industry Insights

3.1. Industry segmentation

3.2. Industry Size and forecast, 2013 - 2024

3.3. Industry ecosystem analysis

3.4 Technology & innovation trends

3.5. Industry Impact forces

3.5.1. Growth drivers

3.5.1.1. Increasing demand for clean fuel

3.5.1.2. Stringent regulatory norm to minimize emissions.

3.5.1.3. Growing electricity demand

3.5.2. Industry pitfalls & challenges

3.5.2.1. Transportation & distribution issues attached with hydrogen

3.5.2.2. Issues related with warranty and installation

3.6. Regulatory trends

3.7. Growth potential analysis

3.7.1. New business models

3.8. Porter's analysis

3.9. Company market share analysis, 2015

3.10. PESTEL analysis

Chapter 4. Hydrogen Generator Industry Product Insights

Chapter 5. Hydrogen Generator Industry Process Insights

Chapter 6. Hydrogen Generator Industry Capacity Insights

Chapter 7. Hydrogen Generator Industry Application Insights

Chapter 8. Hydrogen Generator Industry Regional Insights

Chapter 9. Hydrogen Generator Market Company Profiles

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467762/?utm_source=OPR.com-SP

Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's Driving the Hydrogen Generator Market Trends? | Top Companies are Hydrogenics Corporation, Linde A.G, McPhy Energy, Idroenergy, Praxair Inc., Air Liquide SA here

News-ID: 1968498 • Views: 165

More Releases from marketstudyreport.com

Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides

All 5 Releases


More Releases for Hydrogen

Global Hydrogen Electrolyzer Market to 2025| Nel Hydrogen, McPhy, Hydrogenics, T …
Researchmoz added Most up-to-date research on "Global Hydrogen Electrolyzer Market Insights, Forecast to 2025" to its huge collection of research reports. Hydrogen, used across various industrial applications such as chemicals, electronics, glass, etc., is produced both as a principal product and a by-product. More than 90% of total hydrogen demand across the globe depends upon fossil fuel based resources. Only a small fraction of this demand is met by hydrogen produced
Global Hydrogen Market: Competitive Assessment
Understanding several aspects of the global hydrogen market, Persistence Market Research has presented a well-structured analysis various trends, opportunities, challenges, restraints and growth drivers influencing the global market in its latest insightful research publication titled “Hydrogen Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” Several aspects of the market are assessed across important regions of North America, Latin America, Europe, Asia Pacific and Middle East and Africa. The exhaustive research
Hydrogen Analyzer Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-instrument/hydrogen-analyzer-market/79671 Hydrogen Analyzer Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Hydrogen Analyzer basics: definitions, classifications, applications and market overview; product specifications;
Hydrogen Generator Market
Transparency Market Research has released a new market report titled Hydrogen Generator Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2016 – 2024. According to this report, the global hydrogen generator market revenue for stood at US$ 792.44 Mn in 2015 and is expected to reach US$ 1,255.76 Mn by 2024 at a CAGR of 5.25% from 2016 to 2024. Browse the full Hydrogen Generator Market By Product
CO2 Probe Resistant to Hydrogen Peroxide
The digital EE871 probe from E+E Elektronik measures CO2 concentrations up to 50,000 ppm (5 % CO2). The compact probe is now available with a special filter cap which, ensures high accuracy and long-term stability in H2O2 contaminated environment. This opens up new applications for the EE871, particularly in the pharmaceutical and biotech industries, where hydrogen peroxide is used for cleaning and sterilization purposes. The EE871 is a high accuracy
Hydrogen Market to Remain Lucrative by 2021
Growing secondary end-user industries and increasing use of hydrogen in refinery hydro-processing are some of the major factors fuelling the growth of the hydrogen market for hydrogen fuel cell vehicles. Since the hydrogen is used in petroleum refining processes, the industry is impacted by unstable growth of the latter. However, increasing demand for clean transportation (the reason for unstable growth of petroleum refining industries) is supporting growth of the hydrogen