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Hydrogen Generators - Global Market Trajectory & Analytics

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    Report

  • 471 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2228036

Global Hydrogen Generators Market to Reach $1.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Hydrogen Generators estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 3.6% over the period 2020-2027. On-Site, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$908 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Portable segment is readjusted to a revised 4.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $311.1 Million, While China is Forecast to Grow at 5.3% CAGR

The Hydrogen Generators market in the U.S. is estimated at US$311.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$69.4 Million by the year 2027 trailing a CAGR of 5.3% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

Select Competitors (Total 68 Featured)

  • Air Liquide S.A.
  • Air Products and Chemicals, Inc.
  • Deokyang Co., Ltd.
  • EPOCH Energy Technology Corporation
  • Hydrogenics Corporation
  • Idroenergy
  • ITM Power Plc
  • Linde plc
  • McPhy Energy S.A.
  • Messer Group
  • Nel ASA
  • Nuvera Fuel Cells, LLC
  • Proton OnSite

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Hydrogen Generators

What is the estimated value of the Global Market for Hydrogen Generators?

The Global Market for Hydrogen Generators was estimated to be valued at $1 Billion in 2020.

What is the growth rate of the Global Market for Hydrogen Generators?

The growth rate of the Global Market for Hydrogen Generators is 3.8%, with an estimated value of $1.3 Billion by 2027.

What is the forecasted size of the Global Market for Hydrogen Generators?

The Global Market for Hydrogen Generators is estimated to be worth $1.3 Billion by 2027.

Who are the key companies in the Global Market for Hydrogen Generators?

Key companies in the Global Market for Hydrogen Generators include Air Liquide S.A., Air Products and Chemicals, Inc., Deokyang Co., Ltd., EPOCH Energy Technology Corporation, Hydrogenics Corporation, Idroenergy, ITM Power Plc, Linde plc and Messer Group.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Hydrogen: A Clean Fuel with Huge Potential
  • Focus Shifts to the Development of Cost Effective Techniques for Hydrogen Production
  • Hydrogen's Growing Role in Energy Mix to Fuel Hydrogen Generators Market
  • Market Benefits from Rising Needs of End-Use Markets
  • Hydrogen Production: Captive Vs Merchant Production
  • Global Hydrogen Production Capacity (in MMT) by Merchant and Captive Segments
  • Hydrogen Generators - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Demand for Clean Energy Offers Significant Growth Opportunities
  • Rising Carbon Dioxide Emissions Drive Focus onto Clean Energy: Global CO2 Emissions Breakdown (in %) by Region for 2018
  • Technological Advancements Bring in New Growth Opportunities
  • A Peek into Select New Hydrogen Technology Innovations
  • Increasing Demand for Fuel Cell-Powered Electric Vehicles to Drive Market Growth
  • Global Sales of Hydrogen Fuel Cell Vehicles by Model for 2019
  • Hydrogen Fuel Cell Powered Vehicles Unveiled During the Period 2014-2018
  • Hydrogen FCEVs Combat GHG Emissions
  • FCEV Targets Set by the Hydrogen Council for the Years 2030 and 2050
  • Global Greenhouse Gas Emissions: Breakdown (in %) by Sector for 2019
  • Hydrogen Refueling Infrastructure: Critical for the Success of FCVs
  • Number of Public and Private Hydrogen Refueling Stations by Region (As of 2019)
  • Top Countries in Terms of Number of Hydrogen Refueling Stations (As of 2019-End)
  • Select Hydrogen Infrastructure Development Programs
  • High Costs: The Achilles Heel of Hydrogen Fuel Cells
  • Government Regulations and Policies: Critical for Market Penetration
  • Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries
  • Visions of an All-Hydrogen Economy Drives Interest in Fuel Cells
  • Power Plants Shift to Hydrogen Generators to Save Costs
  • Rising Significance of Green Hydrogen Augurs Well for Hydrogen Generators Market
  • Aircraft Manufacturing Industry Looks to Integrate Hydrogen Fuel Cells
  • Global Aircraft Fuel Cells Market Revenues Breakdown (in %) by Region: 2019
  • Laboratories Increasingly Replace Gas Cylinders with Hydrogen Generators
  • International Level Collaborations to Accelerate Technology Development for H2 Supply
  • Technological Advancements in Hydrogen Production and Storage
  • Titania to Power Future Hydrogen Production
  • Affordable and Commonly Found Minerals to Replace Platinum as Catalyst
  • Hydrogen Electrolysis: A Potential Laden Energy Storage Solution
  • Promising Hydrogen-based Innovations from HyTech Power
  • Researchers Explore Novel Options for Hydrogen Generation
  • Research & Development Work in Generation of Hydrogen from Biomass
  • Hydrogen 2.0: Unlocking Major Economic Potential of Hydrogen
  • Solar Energy Powers Simple Hydrogen Storage Solution
  • Carnegie Institution Discovers New Hydrogen Storage Method
  • Self-Healing Membrane to Potentially Extend Hydrogen Fuel Cells' Life
  • Researchers Develop Pajarito Powder for Hydrogen Fuel Cells
  • New Nanomaterial to Allow Cost-Efficient Production of Hydrogen for Fuel Cell Cars
  • Product Overview
  • Introduction to Hydrogen
  • Energy Density of Various Fuel Types
  • Flammability and Auto Ignition Temperature Properties of Various Fuel Types
  • Hydrogen Generators: A Definition
  • Hydrogen Production Technologies: A General Perspective
  • Thermochemical Production Technologies
  • Steam Methane Reforming (SMR)
  • Partial Oxidation
  • Autothermal Reforming
  • Methanol Reformation
  • Ammonia Cracking
  • Sorbent-enhanced Catalytic Steam-reforming System
  • Thermal Plasma-Reformer Technology
  • Sulfur-Iodide Cycle/Thermochemical Water-Splitting Process
  • Natural Gas-Reforming
  • Gasification of Heavy Hydrocarbons
  • Coal Gasification
  • Biomass Gasification
  • Bio Hydrogen Process
  • Electrolytic Production Technologies
  • Water Electrolysis
  • Alkaline Electrolysis
  • Polymer Electrolyte Membrane (PEM) Electrolysis
  • High-Temperature Electrolysis
  • Photolytic Production Technologies
  • Photoelectrochemical Hydrogen Production
  • Photobiological Hydrogen Production / Biophotolysis
  • Other Hydrogen Production Technologies
  • Dark Fermentation
  • Application of Hydrogen in Select End-Use Domains
  • Chemical Processing
  • Petrochemical Industry
  • Industrial Applications
  • Fuel Cells
  • Usage of Hydrogen as Fuel in Road Vehicles
  • Other Industries
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Hydrogen Generators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Hydrogen Generators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Hydrogen Generators by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for On-Site by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for On-Site by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for On-Site by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Portable by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Portable by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Portable by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Steam Reformer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Steam Reformer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Steam Reformer by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Electrolysis by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Electrolysis by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Electrolysis by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Fuel Cells by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Fuel Cells by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Fuel Cells by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 22: World Recent Past, Current & Future Analysis for Petroleum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 23: World Historic Review for Petroleum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 24: World 15-Year Perspective for Petroleum by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 25: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 26: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 27: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Rising Fuel Cells Demand Fosters Growth in Hydrogen Generators Market
  • Cumulative Sales of Hydrogen Fuel Cell Vehicles (Units) in the US for the Period 2016-2019
  • Hydrogen Fuel Cell Vehicle Sales (in Units) by Model in the US for the Year 2019
  • US Government Intensifies Efforts on Hydrogen Energy Development
  • Government's Vital Role in Promoting a Hydrogen Economy
  • Select Statistics on Hydrogen Production
  • US Hydrogen Production (in MMT) by Merchant Hydrogen and Captive Hydrogen for 2019
  • US Merchant Hydrogen Production Capacity Breakdown (in %) by Type for 2019
  • US Refineries Hydrogen Production Capacity (Million Standard Cubic Feet Per Day or MMSCFD) by State (2019)
  • US Hydrogen Refinery Market: Production Capacity of Captive, On-Purpose Hydrogen by Company for 2019
CANADA
JAPAN
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • Japan's Vision of a Hydrogen Society Bodes Well for Fuel Cells, Driving Growth in Hydrogen Generators Market
  • Japan to Double Hydrogen Filling Stations
  • Japanese Government's Target for Hydrogen Infrastructure: Number of Hydrogen Stations to be Built by 2020, 2025 and 2030
CHINA
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Hydrogen Fuel Cells Market in China: An Overview
  • Hydrogen Fuel-Cell Vehicles Production in China (in Units) for the Years 2016-2019
EUROPE
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Market Overview
  • European Merchant Hydrogen Production Breakdown (in %) by Type for 2019
FRANCE
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Asia-Pacific Hydrogen-based Fuel Cells to Witness Significant Growth
AUSTRALIA
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
INDIA
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Hydrogen Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
  • South Africa: Hydrogen to Light up Remote South African Communities
IV. COMPETITION
  • Total Companies Profiled: 68

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Air Liquide S.A.
  • Air Products and Chemicals, Inc.
  • Deokyang Co., Ltd.
  • EPOCH Energy Technology Corporation
  • Hydrogenics Corporation
  • Idroenergy
  • ITM Power Plc
  • Linde plc
  • McPhy Energy S.A.
  • Messer Group
  • Nel ASA
  • Nuvera Fuel Cells, LLC
  • Proton OnSite