Pune, May 18, 2022 (GLOBE NEWSWIRE) -- Hydrogen Generation market research report is an expert’s analysis which mainly includes companies, types, applications, regions, countries, etc. Also the reports give analysis on sales, revenue, trade, competition, investment, forecast. Hydrogen Generation market research covers COVID-19 impacts on the upstream, midstream and downstream industries. Also, this study offers a detailed market estimates by emphasizing statistics on several aspects covers market dynamics like drivers, barriers, opportunities, threats, and industry news & trends.
Market Analysis and Insights: Global Hydrogen Generation Market
Due to the COVID-19 pandemic, the global Hydrogen Generation market size is estimated to be worth US$ 265.6 million in 2022 and is forecast to a readjusted size of US$ 445.5 million by 2028 with a CAGR of 9.0% during the review period
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Hydrogen Generation or Electrolysis is a promising option for hydrogen production from renewable resources. Electrolysis is the process of using electricity to split water into hydrogen and oxygen. This reaction takes place in a unit called electrolyze. Electrolyzes can range in size from small, appliance-size equipment that is well-suited for small-scale distributed hydrogen production to large-scale, central production facilities that could be tied directly to renewable or other non-greenhouse-gas-emitting forms of electricity production.
Market split by Type, can be divided into: -
- Traditional Alkaline Electroliser
- PEM Electroliser
Market split by Application, can be divided into: -
- Power Plants
- Steel Plant
- Electronics and Photovoltaics
- Industrial Gases
- Energy Storage or Fueling for FCEV's
- Power to Gas
- Others
In terms of product, Traditional Alkaline Electroliser is the largest segment, with a share about 55%. And in terms of application, the largest application is Traditional Alkaline Electroliser, followed by PEM Electroliser.
Market segment by Region/Country including: -
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Spain etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
- South America (Brazil, Argentina and Colombia etc.)
- Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Asia Pacific is the largest market, with a share about 45%, followed by Europe, and Americas, both have a share over 45 percent.
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Leading players of Hydrogen Generation including: -
- Proton On-Site
- 718th Research Institute of CSIC
- Teledyne Energy Systems
- Hydrogenics
- Nel Hydrogen
- Suzhou Jingli
- Beijing Zhongdian
- McPhy
- Siemens
- TianJin Mainland
- Areva H2gen
- Shandong Saksay Hydrogen Energy
- Yangzhou Chungdean Hydrogen Equipment
- Asahi Kasei
- Idroenergy Spa
- Erredue SpA
- ShaanXi HuaQin
- Kobelco Eco-Solutions
- ELB Elektrolysetechnik GmbH
- ITM Power
- Toshiba
Global Hydrogen Generation key players include Proton On-Site, 718th Research Institute of CSIC, Hydrogenics, Shandong Saksay Hydrogen Energy, etc. Global top four manufacturers hold a share nearly 50%.
Key Developments in the Hydrogen Generation Market: -
- To describe Hydrogen Generation Introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, market driving force
- To analyze the manufacturers of Hydrogen Generation, with profile, main business, news, sales, price, revenue and market share
- To display the competitive situation among the top manufacturers in Global, with sales, revenue and Hydrogen Generation market share
- To show the market by type and application, with sales, price, revenue, market share and growth rate by type and application
- To analyze the key countries by manufacturers, Type and Application, covering North America, Europe, Asia Pacific, Middle-East and South America, with sales, revenue and market share by manufacturers, types and applications
- To analyze the manufacturing cost, key raw materials and manufacturing process etc.
- To describe Hydrogen Generation sales channel, distributors, traders, dealers etc.
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Detailed TOC of Global Hydrogen Generation Market Insights and Forecast to 2028
1 Study Coverage
2 Global Hydrogen Generation Production
3 Global Hydrogen Generation Sales in Volume & Value Estimates and Forecasts
4 Competition by Manufactures
5 Market Size by Type
7 North America
8 Europe
9 Asia Pacific
10 Latin America
11 Middle East and Africa
12 Corporate Profiles
13 Industry Chain and Sales Channels Analysis
14 Market Drivers, Opportunities, Challenges and Risks Factors Analysis
15 Key Finding in The Global Hydrogen Generation Study
16 Appendix
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