Hydrogen Generation Market - Global Industry Analysis and Opportunity Assessment, 2022-2028

The research study on the global Hydrogen Generation market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The analysis identifies the exact impact on the revenue and demand due to the disturbances caused by the occurrence of COVID-19. The recently launched growth strategies and development programs by the government and leading players in the market with the aim to impulse growth in the Hydrogen Generation market are included in the report.

The Hydrogen Generation market is expected to grow at a CAGR of 9.2% over the forecast period (2022-2028), according to Market intelligence data.

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Main Key Players:

Proton On-Site, 718th Research Institute of CSIC, Air Products, Cummins, ENGIE, Teledyne Energy Systems, Hydrogenics, Nel Hydrogen, Suzhou Jingli, Beijing Zhongdian, McPhy, Siemens, TianJin Mainland, Areva H2gen, Shandong Saksay Hydrogen Energy, Yangzhou Chungdean Hydrogen Equipment, and others.

Recent Developments
In January 2019, Air Liquide acquired Hydrogenics 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). This 20 MW electrolyzer would increase the current capacity of its hydrogen facility located in Bécancour, Québec, by 50%. The facility is expected to become commercially operational by the end of 2020, with an output of just under 3,000 tonnes of hydrogen annually.  
In January 2021, Cummins and Air Liquide entered into a joint venture agreement to promote green hydrogen. Cummins has provided a 20-megawatt PEM electrolyzer system to generate green hydrogen, making it the largest in operation in the world. The electrolyzer is installed at the Air Liquide hydrogen production facility in Bécancour, Quebec, and can produce over 3,000 tonnes of hydrogen annually using clean hydropower.
In May 2020, ENGIE collaborated with Neste and CEA, a French research organization, to decarbonize bio-refinery in Rotterdam with renewable hydrogen. The project uses the first multi-megawatt high-temperature electrolyzer to produce green hydrogen.
In July 2020, Linde constructed a state-of-the-art hydrogen and carbon monoxide facility in Clear Lake, Texas (TX), as well as a new air separation unit in LaPorte, TX.
In July 2020, Air Products and ThyssenKrupp Uhde Chlorine Engineers signed a strategic cooperation agreement (SCA). The two companies will collaborate exclusively in key regions, using their complementary technology, engineering, and project execution strengths to develop projects supplying green hydrogen.

Dividing the Global Hydrogen Generation Market by Product types and Application

Segmentation By Type:

Traditional Alkaline Electroliser

PEM Electroliser

Segmentation By Application:

Power Plants

Steel Plant

Electronics and Photovoltaics

Industrial Gases

Energy Storage or Fueling for FCEV's

Power to Gas

Others

Market Analysis and Insights: Global Hydrogen Generation Market

Hydrogen Generation Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Hydrogen Generation industry also clarifies economic risks and environmental compliance. Global market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies, optimize their business portfolio, innovate successfully and perform safely and sustainably.

The report on the Hydrogen Generation market covers the following region (country) analysis:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and the Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East &   Africa)
Asia Pacific likely to emerge as the largest hydrogen generation market

In this report, the hydrogen generation market has been analyzed for four regions, namely, Europe, Asia Pacific, North America, South America, Middle East and Africa. Asia Pacific is one of the leading markets for adopting green technologies to meet the government targets for reducing GHG emissions.

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Key takeaways from the Hydrogen Generation Industry study

- Simplified and insightful comprehensive Hydrogen Generation market analysis

- Evaluation of growth derivatives, crucial constraints, opportunities, and challenges

- Internal business overview including business connectivity, sales records, supply chain strategies and capabilities, product development, and marketing trends

- Exact Hydrogen Generation industry valuation

-  Future forecasts and Hydrogen Generation market estimations followed by a demand to supply ratio projections

- Competitive benchmarking coupled with competitive analysis

- Key strategic initiatives fuelling Hydrogen Generation market growth

- In-depth assessment of the product, application, and regional segments

- Neutral geographic survey based on macro and micro-economic factors highlighting the growth potential of developed and developing economies

Following are the major TOC of the Hydrogen Generation Market:

Chapter 1: Hydrogen Generation Market Overview

Chapter 2: Global Economic Impact on Industry

Chapter 3: Global Hydrogen Generation Market Competition by Manufacturers

Chapter 4: Global Production, Profits (Value) by Region

Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions

Chapter 6: Global Price Trend by Type, Revenue (Value), Production

Chapter 7: Manufacturing Cost Analysis

Chapter 8: Global Market Analysis by Application

Chapter 9:   Industrial Chain and Downstream Buyers, Sourcing Strategy

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Global Hydrogen Generation Market Forecast

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The years considered for the study are as follows:

Base Year: 2021
Estimated Year: 2022
Projected Year: 2028
Forecast Period: 2022 to 2028

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