Global Hydrogen Generation Market
Forecast and Trends
the increasing demand for clean and green fuel is expected to witness an exponential
increase in the years to come, with rising pollution levels along with
stringent government regulations to control and curb the sulfur content and
other harmful gases in fuels. These factors are further expected to propel the
market growth. Increasing application and utilization of hydrogen in various
industry verticals is expected to be the major driving factor.
Hydrogen Generation Market: Overview
Hydrogen is generated using numerous
resources like coal, natural gas, biomass, and various other renewable and
non-renewable source of energy. Currently, natural gas is the chief source of
hydrogen production, and steam methane reformers utilizing natural gas is
significantly used for the production. Nevertheless, in recent years the adoption
of newer technologies, such as electrolytic and pyrolysis production
technologies, is encouraged.
demand for clean energy
Hydrogen is a rich source of energy for
many reasons, the main being that it’s abundant in supply. While it may take a
lot of resources to harness it, no other energy source is infinite as hydrogen.
That, essentially, means there is no chance of it running out like different
sources of energy.
Global Hydrogen Generation Market: Type
on type, the global Hydrogen Generation market segmented into Hoses, Manifolds,
Regulators, Flowmeters, Suction Regulators, Vacuum Systems and Others.
Global Hydrogen Generation Market: End-Use
Based on the end-use, the global Hydrogen Generation market segmented into Hospitals, Clinics, Ambulatory Surgical
Centers and Others.
Global Hydrogen Generation Market: Regional
Based on region, the global Hydrogen Generation market
segmented into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. The Asia Pacific market is expected to grow at a high CAGR
during the forecast period due to the increasing demand for energy in the
energy. Strong economic performance, along with considerable investments in
R&D in countries such as China, South Korea, Japan, India, and Australia,
is expected to fuel the growth. China is moving toward massive changes in the
fuel and petroleum industry, to overcome various difficulties, including
pollution and economic inequality between urban and rural populations. Factors
such as increasing air pollution and growing sulfur content in the environment
are also posing as challenges to the nation. Further, the presence of a large
number of refineries in major countries, such as China and India, is forecasted
to drive the utilization of hydrogen generation. Governments in some of the
nations, such as Japan and Australia, are evaluating greener and cleaner
technologies, which is anticipated to drive the growth.
Innovations, Amano McGann, Inc., Amco S.A., BMW AG (ParkNow GmbH), CivicSmart,
Inc., Group Techna, Inc., Kapsch TrafficCom, Meter Feeder, Inc., Mindteck,
Nedap N.V., Parkeon, ParkHelp, ParkiFi LLC, Air
Products, Robert Bosch GmbH, Siemens AG, Swarco AG, Deteq Solutions and other
Ø March, 2020: Air
Products announced it has signed agreements with PBF Energy Inc. (NYSE: PBF)
that include the $530 million purchase of five hydrogen steam methane reformer
(SMR) hydrogen production plants and the long-term supply of hydrogen from
those already operating plants to PBF refineries. The SMRs, with a combined
nearly 300 million standard cubic feet per day of production capacity, are
located in Torrance and Martinez, California and Delaware City, Delaware.
Ø February, 2020: The cooperative
agreement with Kapsch TrafficCom (Kapsch) will make Málaga the first city in
Europe to test the latest dynamic signaling system and real-time traffic
optimizer for the improvement of urban mobility. With a duration of two years
and the possibility of two annual extensions, the pioneering projects will
complement tests carried out in other European cities.
Scope of the Report
data – 2016-2019
Base Year –
2020 – 2026
Revenue in USD Million
U.S, Canada, Germany, UK,
France, Italy, Spain, Brazil, Mexico, Argentina, Japan, South Korea, China,
India, UAE, South Africa, Saudi Arabia
By technology, systems, end-use with Region
Altiux Innovations, Amano McGann, Inc., Amco
S.A., BMW AG (ParkNow GmbH), CivicSmart, Inc., Group Techna, Inc., Kapsch
TrafficCom, Meter Feeder, Inc., Mindteck, Nedap N.V., Parkeon, ParkHelp, ParkiFi
LLC, Robert Bosch GmbH, Siemens AG, Swarco AG, Deteq Solutions and other prominent
Ø North America
Ø Asia Pacific
Ø Latin America
Ø Middle East &
The objective of the Study:
Ø To analyze and forecast the global Hydrogen
Generation Market size of the market in terms of value.
Ø To examine the careful market segmentation and
forecast the market size, in terms of value, based on the region by segmenting.
Ø The Global Hydrogen Generation Market segmented
into five regions, namely, North America, Europe, Asia Pacific, Latin America,
Middle East & Africa and their leading countries.
Ø To outline, categorized, and forecast the global Hydrogen
Generation Market based on the technology, systems, end-use.
Ø To examine competitive developments like
technological advancement, services, and regulative framework within the global
Hydrogen Generation Market.
Ø To highlight the impact analysis of the factors
affecting the market dynamics such as drivers, restraints, opportunities, and
Ø To strategically profile the key players and
comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.