Press release
Hydrogen Generation Market Outlook, Industry Analysis, Size, Share, Trends, Growth, Forecast Report By 2023-2032
Hydrogen Generation Global Market
The Business Research Company's Hydrogen Generation Global Market Report 2023 identifies increasing demand for hydrogen in the industrial sector as the major driver for the Hydrogen Generation market's growth in the forecast period. The increasing demand for hydrogen in the industrial sector is expected to propel the growth of the hydrogen generation market going forward. The industrial sector refers to a sector of the economy made up of companies that assist other companies in the production, transportation, or manufacture of their goods. The industrial sector uses a large amount of hydrogen as it is a component of many chemical products and is used in hydrocracking, which produces petroleum products including gasoline and diesel.
The global hydrogen generation market size is expected to grow from $131.21 billion in 2022 to $142.66 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hydrogen generation market size is expected to grow to $195.50 billion in 2027 at a CAGR of 8.2%.
Download Free Sample Of Hydrogen Generation Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=7928&type=smp
Major competitors in the Hydrogen Generation market are Air Liquide S.A., Air Products Inc., Iwatani Corporation, McPhy Energy S.A., Messer Group, Atawey, Enapter S.r.l., Hiringa Energy Limited, SOL Group, INOX Air Products Ltd., Ally Hi-Tech Co. Ltd., Cummins Inc., ITM Power, Matheson Tri-Gas Inc., and FuelCell Energy.
A key trend in the Hydrogen Generation market includes The development of green hydrogen production technologies. Major companies operating in the hydrogen generation market are developing technologies to sustain their position in the market. For instance, in March 2022, Honeywell International, a US-based technology company, developed a new catalyst-coated membrane (CCM) technology for green hydrogen production. The Proton Exchange Membrane (PEM) and Anion Exchange Membrane (AEM) CCMs are the focus of the new Honeywell technology. The unique features of Honeywell's most recent CCMs demonstrated the ability to increase electrolyzer efficiency and electric current density and a groundbreaking, unique membrane with strong ionic conductivity and high activity. The cost of the electrolyzer stack is expected to decrease by 25% as a result.
Read More On The Global Hydrogen Generation Market Report Here:
https://www.thebusinessresearchcompany.com/report/hydrogen-generation-global-market-report
The Hydrogen Generation market is segmented -
• By Type: On-Site, Portable
• By Source: Blue Hydrogen, Gray Hydrogen, and Green Hydrogen
• By Generation And Delivery Mode: Captive, Merchant
• By Technologies: Steam Methane Reforming, Coal Gasification, Electrolysis, Partial Oxidation
• By Application: Methanol Production, Ammonia Production, Petroleum Refining, Transportation, Power Generation, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the Hydrogen Generation market.
The Business Research Company's "Global Hydrogen Generation Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Hydrogen Generation Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7928
The Table Of Content For The Hydrogen Generation Market Include:
1. Executive Summary
2. Hydrogen Generation Market Characteristics
3. Hydrogen Generation Market Trends And Strategies
4. Hydrogen Generation Market - Macro Economic Scenario
5. Hydrogen Generation Market Size And Growth
……
27. Hydrogen Generation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hydrogen Generation Market
29. Hydrogen Generation Market Future Outlook and Potential Analysis
30. Appendix
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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 Hydrogen Generation Market Outlook, Industry Analysis, Size, Share, Trends, Growth, Forecast Report By 2023-2032 here
News-ID: 3127526 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Hydrogen
White Natural Hydrogen Market Growth 2025-2032 | Clean & Renewable Hydrogen Sour …
New York, U.S. - Worldwide Market Reports unveils its latest evaluation of the White Natural Hydrogen Market, highlighting the growing interest in naturally occurring, untapped hydrogen resources that can support decarbonization initiatives and supplement green and blue hydrogen production. Increasing exploration in geological formations, coupled with rising demand for low-carbon energy carriers, is driving adoption across industrial, energy, and mobility sectors. Near-term growth is expected from subsurface hydrogen reservoirs, renewable…
Hydrogen Electrolyzer Market, Fueling the Green Hydrogen Revolution Worldwide
Overview of the Market
The hydrogen electrolyzer market is rapidly transforming into a cornerstone of the global clean energy transition, driven by increasing investments in sustainable technologies and government-led decarbonization efforts. A hydrogen electrolyzer is a device that splits water into hydrogen and oxygen using electricity, enabling the generation of green hydrogen when powered by renewable sources. This exponential rise is attributed to the surging demand for clean fuels, rising…
Hydrogen economy: hydrogen as an energy carrier is changing companies
The energy transition and climate protection have put the focus on a sustainable energy supply. Hydrogen is considered one of the most important energy sources of the future and plays a key role in the decarbonization of industry. Investments in the hydrogen economy are increasing worldwide. Germany is also increasingly focusing on promoting this technology.
But what impact will this have on companies, the labor market and the competitiveness of Germany…
Hydrogen Generator Market Growth: Powering the Green Hydrogen Economy
According to a new report published by Allied Market Research, The global hydrogen generator market size was valued at $1.2 billion in 2020, and hydrogen generator market forecast to reach $2.2 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.
Global shift toward the use of eco-friendly and renewable resources and several government initiatives toward development of eco-friendly hydrogen production technologies, coupled with rapidly increasing demand for…
Hydrogen Generation Market Clean Energy Transition and Green Hydrogen Innovation …
On March 31, 2025, Exactitude Consultancy., Ltd. announces the release of the report "Global Hydrogen Generation Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2034". The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across…
Hydrogen Generator Market Dynamics: Trends Shaping the Hydrogen Economy
According to a new report published by Allied Market Research, The global hydrogen generator market size was valued at $1.2 billion in 2020, and hydrogen generator market forecast to reach $2.2 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.
Global shift toward the use of eco-friendly and renewable resources and several government initiatives toward development of eco-friendly hydrogen production technologies, coupled with rapidly increasing demand for…
