Hydrogen Generation Market Research Report Global Information by Generation and Delivery Type, Storage, Application and Region – Forecast till 2023
Hydrogen Generation Industry Leading Players Analyzed are:
Praxair, Inc. (US), Air Liquide S.A. (France), Air Products and Chemicals, Inc. (US), Hydrogenics (Canada), Iwatani (Japan), Messer Group (Germany), Plug Power (US), Linde (US), Showa Denko (Japan), Ballard Power systems (Canada), and Fuelcell Energy (US).
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Global Hydrogen Generation Market Highlights:
The global hydrogen generation market is projected to grow at a high rate during the forecast period, mainly due to the favorable government regulations and research and development activities of hydrogen. For instance, the Institution of Mechanical Engineers (IMechE) approached the government to set up support for the use of hydrogen to decarbonize the energy system across the power, heat. And transport sector. Moreover, the UK has a strong track record for new energy developments, moving ahead to become the world leader in power-to-gas and hydrogen technology. These initiatives and developments would further accelerate the demand for hydrogen generation market. The major factors driving the hydrogen generation market include growing demand to decarbonize energy end-use and shifting trend towards cleaner energy.
Global Hydrogen Generation Market Segments Analysis:
Global hydrogen generation market has been segmented based on generation & delivery type, storage, application, and region.
The global hydrogen generation market is further segmented based on generation and delivery type, including captive and merchant.
Based on application, the market is classified into petroleum refinery, ammonia production, methanol production, transportation, power generation, and others.
Based on storage, the industry is classified into on-board, underground and power-to-gas.
Global Hydrogen Generation Market Regional Analysis:
By regions, the global hydrogen generation market has been segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa.
Region wise, Asia Pacific held the largest market share of the global hydrogen generation market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to growing demand to decarbonize energy use and increased demand for hydrogen to be used in fuel cell technology for electric vehicles. Demand for electric vehicles and efficient fuel technology in the countries such as China, Japan is expected to increase the growth of hydrogen generation to install efficient hydrogen fuel cell stations. For instance, in 2018, the Chinese government has established a 2 million new electric vehicle target which includes hydrogen fuel powered vehicles by 2020. This would boost the demand for hydrogen generation in the coming years.
TABLE OF CONTENTS
1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Scope Of The Study
2.3. Market Structure
3. Research Methodology
3.1. Primary Research
3.2. Secondary Research
3.3. Market Size Estimation
3.4. Forecast Model
3.5. List Of Assumptions
4. Market Dynamics
4.1.1. Increasing Demand In Transportation Sector
4.1.2. Shifting Trends Towards Cleaner Energy
4.1.3. Growing Demand To Decarbonize Energy End-Use
4.2.1. High Energy Consumption Of Hydrogen Generation Technologies
4.2.2. High Cost Associated
4.3.1. Increasing Government Support For Hydrogen R&D
4.3.2. Development Of Green Hydrogen Production Technologies
4.4. Porter’s Five Forces Analysis
4.4.1. Threat Of New Entrants
4.4.2. Bargaining Power Of Buyers
4.4.3. Bargaining Power Of Suppliers
4.4.4. Threat Of Substitutes
4.4.5. Intensity Of Rivalry
4.5. Value Chain/Supply Chain Analysis
5. Global Hydrogen Generation Market, By Generation And Delivery Type
LIST OF TABLES
Table 1 Global Hydrogen Generation Market: By Region, 2018–2023
Table 2 North America: Hydrogen Generation Market: By Country, 2018–2023
Table 3 Europe Hydrogen Generation Market: By Country, 2018–2023
Table 4 Asia-Pacific Hydrogen Generation Market: By Country, 2018–2023
Table 5 Middle East Hydrogen Generation Market: By Country, 2018–2023
Table 6 Africa Hydrogen Generation Market: By Country, 2018–2023
Table 7 South America Hydrogen Generation Market: By Country, 2018–2023
Table 8 Global Hydrogen Generation Market, By Generation And Delivery Type, By Regions, 2018–2023
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