Hydrogen Generation Market

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.
Hydrogen Generation Market contains market size and forecasts of Hydrogen Generation in global, including the following market information:
Global Hydrogen Generation Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hydrogen Generation Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Hydrogen Generation companies in 2021 (%)
The global Hydrogen Generation market was valued at 249 million in 2021 and is projected to reach US$ 444 million by 2028, at a CAGR of 8.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Traditional Alkaline Electroliser Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hydrogen Generation include Proton On-Site, 718th Research Institute of CSIC, Teledyne Energy Systems, Hydrogenics, Nel Hydrogen, Suzhou Jingli, Beijing Zhongdian, McPhy and Siemens, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hydrogen Generation manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hydrogen Generation Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hydrogen Generation Market Segment Percentages, by Type, 2021 (%)
Traditional Alkaline Electroliser
PEM Electroliser
Global Hydrogen Generation Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hydrogen Generation Market Segment Percentages, by Application, 2021 (%)
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Energy Storage or Fueling for FCEV's
Power to Gas
Others
Global Hydrogen Generation Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hydrogen Generation Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hydrogen Generation revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hydrogen Generation revenues share in global market, 2021 (%)
Key companies Hydrogen Generation sales in global market, 2017-2022 (Estimated), (Units)
Key companies Hydrogen Generation sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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