Global Hydrogen Generation Industry Report 2023-2028: Increased Government Programs to Quicken Deployment of Hydrogen Fueling Stations Fueling Opportunities

DUBLIN, Nov. 10, 2023 /PRNewswire/ — The “Global Hydrogen Generation Market” report has been added to  ResearchAndMarkets.com’s offering.

Global Hydrogen Generation Market is projected to reach a value of $271.1 billion by 2028 from $166.7 billion, growing at a CAGR of 10.2% during 2023-2028

This report provides an analysis of the global market for hydrogen generation. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028.

Hydrogen production encompasses various industrial methods for generating hydrogen gas, a flexible and clean energy source with applications in industries, power generation, transportation, and fuel cells. There are different processes for hydrogen production, including electrolysis, biomass conversion, and fossil fuel reforming.

Steam methane reforming (SMR) is one of the most widely used processes for hydrogen production, where natural gas and steam are combined to produce hydrogen and carbon dioxide as byproducts. A significant portion of global hydrogen generation relies on this method.

Electrolysis is another important method for hydrogen production, which involves using electricity to split water molecules into hydrogen and oxygen. This process can be sustainable when powered by renewable energy sources like solar and wind power. Electrolysis-based hydrogen production is experiencing rapid growth and is expected to have a significant impact on the hydrogen economy in the future.

In recent years, there has been a strong emphasis on increasing hydrogen production capacity, with several countries and companies investing in large-scale hydrogen manufacturing facilities. China is currently the leading producer of hydrogen, and other nations like Germany, South Korea, Japan, and the United States are also making significant investments in hydrogen technology and infrastructure.

Hydrogen production plays a crucial role in the transition to a sustainable energy future. With multiple production methods and increasing investments, hydrogen is poised to become a significant component of the global energy mix. The report covers various market factors, including the impact of COVID-19, geopolitical considerations like the Russia–Ukraine war, Porter’s five forces analysis, use case analysis, and the regulatory landscape. However, it does not consider hydrogen generation from seawater.

Additionally, the report provides detailed profiles of major hydrogen generation players and their strategies to enhance their market presence. It includes a competitive landscape chapter that discusses the market ecosystem of the top hydrogen generation providers in 2022.

Report Includes

Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028Estimate of the actual market size and revenue forecast for the hydrogen generation market in USD millions, and a corresponding market share analysis based on type, technology, source, delivery mode, application and regionIn-depth information (facts and figures) concerning the market drivers, challenges, opportunities and prospects, as well as the technologies, regulatory scenarios and the impacts of COVID-19 and the Russia–Ukraine warDiscussion of the importance of ESG in the hydrogen generation market, as well as consumer attitudes, risks and opportunities assessment, and ESG practices followed by leading market participantsAnalysis of the market growth opportunities with a holistic review of Porter’s Five Forces and value chain analyses, taking into consideration the prevailing microand macroeconomic factors in the marketA look at the major vendors in the global market, and an analysis of the industry structure with respect to company market shares, venture fundings, and recent mergers and acquisitions (M&A) activityAn analysis of new and existing patents on hydrogen generationIdentification of the major stakeholders and analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration

Company Profiles

IntroductionAir LiquideAir Products and Chemicals Inc.Cummins Inc.Enapter S.R.L.EngieGreen Hydrogen SystemsItm Power plcIwatani Corp.Linde plcMcphy Energy S.A.Nel AsaOrsted A/SPlug Power Inc.Siemens AGUniper Se

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

IntroductionEvolution of Hydrogen GenerationValue Chain AnalysisInput MaterialsProductionTransport and StorageDistributionUtilizationEnd-Of-Life/RecyclingPorter’s Five Forces ModelSupplier PowerBuyer PowerThreat of New EntrantsThreat of SubstituteCompetitive RivalryImpact of Covid-19 on the Global MarketMarket Contraction and Initial DisruptionsSupply Chain DisruptionsChange in Government PrioritiesAccelerated Research and InnovationRenewing Government Commitments and IncentivesGlobal Partnerships and CollaborationsUkraine-Russia War Impact on the Global MarketImpact on Disruptions in the Supply ChainImpact on Investment and Geopolitical UncertaintyImpact on Hydrogen Infrastructure ProjectsImpact on Market Dynamics at the Regional and World LevelsImpact on International Cooperation and Energy SecurityImpact on the Development of Green and Blue Hydrogen Strategies

Chapter 4 Market Dynamics

OverviewKey Market DriversGreen Hydrogen-Generating Systems Are Being Developed and Researched ConstantlyIncreasing Adoption of Fuel Cell Electric VehiclesGrowing Demand for Clean EnergyReduction of Carbon EmissionsMarket RestraintsLoss of Energy During the Production of HydrogenLack of Development in the Hydrogen InfrastructureKey Challenges for the Hydrogen Generation MarketProduction of Green Hydrogen Comes at a High ExpenseHydrogen’s Integration into Natural Gas Networks is DifficultMarket OpportunitiesHydrogen Becoming An Attractive Fuel Source for Heavy-Duty ApplicationsGovernment Programs to Quicken Deployment of Hydrogen Fueling StationsIncreased Emphasis on Meeting the Net Zero Emission Goal by 2050Short-Term and Long-Term Impact of Market Dynamics

Chapter 5 Market Breakdown by Type

OverviewGrey HydrogenBlue HydrogenGreen Hydrogen

Chapter 6 Market Breakdown by Source

OverviewNatural GasOilCoalCoal Gasification to Produce HydrogenSystems With An Integrated Gasification Combined Cycle (Igcc)Steam Methane Reforming (Smr) With Coal PyrolysisCarbon Capture and Storage (Ccs) With Coal-Based HydrogenEnvironmental Challenges and ImpactsFuture Opportunities and Research ProjectsRenewable and Grid ElectricitySolar EnergyWind EnergyHydropowerBiomass and BioenergyGeothermal EnergyTidal and Wave EnergyGrid Integration, Electrolysis and Potential Difficulties

Chapter 7 Market Breakdown by Technology

OverviewSteam Methane Reforming (Smr)Tubular ReformingAutothermal Reforming (Atr)Combined or Integrated ReformingPartial Oxidation (Pox)Non-Catalytic PoxCatalytic PoxCoal GasificationElectrolysis

Chapter 8 Market Breakdown by Delivery Mode

OverviewCaptiveMerchant

Chapter 9 Market Breakdown by Application

OverviewPetroleum RefineryAmmonia ProductionMethanol ProductionOthersTransportationPower Generation

Chapter 10 Market Breakdown by Region

OverviewNorth AmericaUnited StatesCanadaMexicoEuropeGermanyFranceUnited KingdomRest of EuropeAsia-PacificChinaJapanSouth KoreaIndiaRest of Asia-PacificRest of the WorldMiddle EastAfricaSouth America

Chapter 11 ESG Development

OverviewImportance of ESG in Hydrogen GenerationFuture of ESG With Hydrogen GenerationCase Study: Examples of Successful Implementation of ESGConcluding Remarks

Chapter 12 Emerging Technologies and Developments

IntroductionCurrent Market TrendsEmergence of India’s Hydrogen MarketInflation Reduction Act Will Boost North American Hydrogen InvestmentTransition to Africa’s Clean Hydrogen HubGlobal Policy Changes to Accelerate Final Investment DecisionsHydrogen as An Energy Storage SolutionEmerging and Upcoming Trends in Hydrogen GenerationHydrogen Fuel CellsRenewable HydrogenAdvanced ElectrolysisX-To-Hydrogen-To-XHydrogen Carriers

Chapter 13 Patent Analysis

OverviewKey Patents

Chapter 14 M&A and Venture Funding Outlook

M&A AnalysisStartups Funding in Hydrogen Generation

Chapter 15 Competitive Intelligence

OverviewMarket Share AnalysisMarket Strategy Analysis for Hydrogen GenerationKey Market DevelopmentsAgreementsPartnershipsInvestmentsExpansions

For more information about this report visit https://www.researchandmarkets.com/r/q0rsma

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