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The hydrogen fuel market is forecasted to grow by USD 11.85 bn during 2023-2028, accelerating at a CAGR of 9.51% during the forecast period. The report on the hydrogen fuel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advancements in hydrogen technologies, growing transition to low-carbon economy, and decreasing electrolyzer costs.
The hydrogen fuel market is segmented as below:
By Application
- Power and heat generation
- Transportation
By Source
- Grey
- Green
- Blue
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the hydrogen fuel market covers the following areas:
- Hydrogen fuel market sizing
- Hydrogen fuel market forecast
- Hydrogen fuel market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Source
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global hydrogen fuel market: Acciona SA, Air Products and Chemicals Inc., Ballard Power Systems Inc., ENGIE SA, Equinor ASA, HyAxiom, Inc., Iberdrola SA, Indian Oil Corp. Ltd., ITM Power plc, Linde Plc, McPhy Energy SA, Nel ASA, Orsted AS, Plug Power Inc., Praxair Technology Inc., Saudi Arabian Oil Co., Shell plc, TotalEnergies SE, Woodside Energy Group Ltd., and Air Liquide SA.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing interest in green hydrogen.'
According to the report, one of the major drivers for this market is the advancements in hydrogen technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acciona SA
- Air Products and Chemicals Inc.
- Ballard Power Systems Inc.
- ENGIE SA
- Equinor ASA
- HyAxiom Inc.
- Iberdrola SA
- Indian Oil Corp. Ltd.
- ITM Power plc
- Linde Plc
- McPhy Energy SA
- Nel ASA
- Orsted AS
- Plug Power Inc.
- Praxair Technology Inc.
- Saudi Arabian Oil Co.
- Shell plc
- TotalEnergies SE
- Woodside Energy Group Ltd.
- Air Liquide SA
