Energy & Mining

Hydrogen Generation Market | Global Growth rate, Key Factors, Demand, Top Companies Players Review and Regional Forecast 2018 to 2023

Digestible Sensors Market
Digestible Sensors Market
Press Release

Global hydrogen generation market is expected to witness substantial growth during the forecast period owing to increasing adoption of hydrogen and awareness toward importance of energy conservation are expected to boost the global market for hydrogen generation. Rising efforts to shift focus from fossil fuels to renewable fuels is expected to further propel the hydrogen generation market expansion. Countries around the globe are introducing stringent norms to reduce the use of unconventional fuels which leads to excessive greenhouse gas emissions.

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.

Get Free Sample “Hydrogen Generation Market Report” at: https://www.marketresearchfuture.com/sample_request/7026

Competitive Landscape:

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 Fuel cell Energy (US)

Hydrogen Generation Market Segmentation:

The 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, power-to-gas.

Geographically, the global hydrogen generation market has been segmented into regions such as Asia Pacific (APAC), Europe, North America, South America, and Middle East & Africa.

Hydrogen Generation Market Regional Outlook:

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.

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

Continued…

LIST OF FIGURES

Figure 1 Research Process Of MRFR

Figure 2 Top-Down & Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Continued…

Browse Complete Hydrogen Generation Market Research Report at: https://www.marketresearchfuture.com/reports/hydrogen-generation-market-7026

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future

+1 646 845 9312

Email: [email protected]