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