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Hydrogen Generators - Global Market Trajectory & Analytics

  • ID: 2228036
  • Report
  • May 2021
  • Region: Global
  • 471 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Air Liquide S.A.
  • Deokyang Co., Ltd.
  • Hydrogenics Corporation
  • Idroenergy
  • ITM Power Plc
  • Linde plc

Global Hydrogen Generators Market to Reach US$1.4 Billion by the Year 2027


Amid the COVID-19 crisis, the global market for Hydrogen Generators estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 3.4% over the period 2020-2027.On-Site, one of the segments analyzed in the report, is projected to grow at a 2.9% CAGR to reach US$944.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Portable segment is readjusted to a revised 4.3% CAGR for the next 7-year period. This segment currently accounts for a 30.1% share of the global Hydrogen Generators market.

The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 5.4% CAGR for the Period of 2020-2027


The Hydrogen Generators market in the U.S. is estimated at US$298.8 Million in the year 2020. The country currently accounts for a 27.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$270.6 Million in the year 2027 trailing a CAGR of 5.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR while Rest of European market (as defined in the study) will reach US$270.6 Million by the year 2027.

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
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Air Liquide S.A.
  • Deokyang Co., Ltd.
  • Hydrogenics Corporation
  • Idroenergy
  • ITM Power Plc
  • Linde plc
I. METHODOLOGY

II. 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
  • Exhibit 1: Global Hydrogen Production Capacity (in MMT) by Merchant and Captive Segments
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Demand for Clean Energy Offers Significant Growth Opportunities
  • Exhibit 2: 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
  • Exhibit 3: Global Sales of Hydrogen Fuel Cell Vehicles by Model for 2019
  • Exhibit 4: Hydrogen Fuel Cell Powered Vehicles Unveiled During the Period 2014-2018
  • Hydrogen FCEVs Combat GHG Emissions
  • Exhibit 5: FCEV Targets Set by the Hydrogen Council for the Years 2030 and 2050
  • Exhibit 6: Global Greenhouse Gas Emissions: Breakdown (in %) by Sector for 2019
  • Hydrogen Refueling Infrastructure: Critical for the Success of FCVs
  • Exhibit 7: Number of Public and Private Hydrogen Refueling Stations by Region (As of 2019)
  • Exhibit 8: 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
  • Exhibit 9: 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
  • Exhibit 10: Energy Density of Various Fuel Types
  • Exhibit 11: 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

III. MARKET ANALYSIS

UNITED STATES
  • Rising Fuel Cells Demand Fosters Growth in Hydrogen Generators Market
  • Exhibit 12: Cumulative Sales of Hydrogen Fuel Cell Vehicles (Units) in the US for the Period 2016-2019
  • Exhibit 13: 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
  • Exhibit 14: US Hydrogen Production (in MMT) by Merchant Hydrogen and Captive Hydrogen for 2019
  • Exhibit 15: US Merchant Hydrogen Production Capacity Breakdown (in %) by Type for 2019
  • Exhibit 16: US Refineries Hydrogen Production Capacity (Million Standard Cubic Feet Per Day or MMSCFD) by State (2019)
  • Exhibit 17: US Hydrogen Refinery Market: Production Capacity of Captive, On-Purpose Hydrogen by Company for 2019
CANADA

JAPAN
  • Japan’s Vision of a Hydrogen Society Bodes Well for Fuel Cells, Driving Growth in Hydrogen Generators Market
  • Japan to Double Hydrogen Filling Stations
  • Exhibit 18: Japanese Government’s Target for Hydrogen Infrastructure: Number of Hydrogen Stations to be Built by 2020, 2025 and 2030
CHINA
  • Hydrogen Fuel Cells Market in China: An Overview
  • Exhibit 19: Hydrogen Fuel-Cell Vehicles Production in China (in Units) for the Years 2016-2019
EUROPE
  • Market Overview
  • Exhibit 20: European Merchant Hydrogen Production Breakdown (in %) by Type for 2019
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC
  • Asia-Pacific Hydrogen-based Fuel Cells to Witness Significant Growth
AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA
  • South Africa: Hydrogen to Light up Remote South African Communities
IV. COMPETITION
  • Total Companies Profiled: 68
Note: Product cover images may vary from those shown

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
Note: Product cover images may vary from those shown
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