The Global Hydrogen Generator market is anticipated to grow about 2 billion US$ by the end of 2028. The growth is about 5%. The steam reforming phase holds a main share of the global hydrogen generator market. The steam reforming era is used nearly exclusively to supply hydrogen. The hydrogen generator market in North America is envisioned to extend at a massive tempo for the duration of the forecast period, due to the boom in income of gas cell electric cars (FCEVs) and fuel operated buses in the region.
Top driver: Robust demand for cost effectiveness and immediate availability of hydrogen gas
In the coming future the global market is expected to grow at the fastest rate as the hydrogen is being available at the site due to the advancement in technology by the generation of onsite hydrogen generators. This is decreasing the need for storage places and the cost for delivering the hydrogen from the storage place to the place of usage. These generators provide on spot continuous and controlled quantity of hydrogen hence decreasing the manpower for the usage of hydrogen. The hydrogen produced by these generators is also costing less as compared to that produced on huge scale in industries. Less hydrogen is being stored as the hydrogen can be generated at the time when it is required hence lessen the cost for storage. This will be the main reason in future for the market growth of hydrogen generators.
Onsite Hydrogen Generators to make crucial contribution to Growth of Global Hydrogen Generator Market
The widespread reserves of natural fuel and its availability in abundance are predicted to enhance the adoption of on-site hydrogen turbines across the U.S. Location. Numerous customers industries are demanding onsite hydrogen generator. They cost less with safety and security by way of making the operations freed from hydrogen storage, cylinder dealing with, and habitual hydrogen shipping. With this sturdy backing, the possibility in the U.S. On-website hydrogen generator market is expected to be US$ 191.4 million through 2028 from US$ 121.3 million in 2018, surging at a constant tempo of 5.2% among 2019 and 2028.
Other segments are divided by process into Steam Reforming and Electrolysis, by Product Type into Onsite and Portable, by Application into Chemical Processing, Fuel Cells, Petroleum Recovery and refining.
Rising Investments in Hydrogen generators and Research to Benefit North America
North America is growing much in the market of hydrogen generator as there was huge amount of hydrogen being used in FCEV’s. Hydrogen refueling systems are in the main focus for development nowadays hence in this region due to the expected advancement in such segments is to handle the growth for the market. Other than this the cost of renewable electricity is also going down due to increase in their production from PV cells and wind turbines. This electricity is being used in the production of electrolytic hydrogen whose demand is seemed to be increased in the coming future. These are some reasons that propels the growth of the market in this region of world.
Key Players to focus on expanding applications of Hydrogen Generator Device
The global hydrogen generator market is very vast. Different regional players operate the market. Hydrogen generators are usually designed according to customer requirement. Resulting in further decline in the investment for storage by the manufacturers and decreases the market competition. International as well as local players both contribute to the global market in 2018.
Key players of the global hydrogen generator market are Air Liquide, Air Products and Chemical Inc.
Air Liquide: The Air Liquide has a huge number of gas generators. Alphagaz Flo H2: Hydrogen generators produce hydrogen with the purity of 99.99. Air Liquide supply hydrogen is going to establish a hydrogen refueling station in Zhangjiakou city to for the fuel mtor cars during the 2022 Games. Air Liquide will settle the station there till the august 2022 as per mentioned in the contract.
Scope of the report:
- Steam Reforming
By Product Type
- Chemical Processing
- Fuel Cells
- Petroleum Recovery
- North America
- Asia Pacific
Key Reasons to Purchase this Report
- It provides a technological development map over time to understand the growth rate of the industry.
- The report offers a dynamic method to various factors that drive or restrain the growth of the market.
- It renders definite analysis for changing competitive dynamics.
- It builds a seven-year estimate based on how the market is predicted to grow.
Table of Content
Chapter 1 Overview And Scope
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 Covid-19 Impact Analysis
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Hydrogen Generator Market Forces
5.1 What’s Driving the Market
5.2 Porter’s Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Hydrogen Generator Market -Industry Snapshots
6.1.1 Global Hydrogen Generator Market Value, 2019 – 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Hydrogen Generator Market Analysis, by Process
7.2 Key Findings for Hydrogen Generator Market- By Process
7.2.1 Hydrogen Generator Market- Steam Reforming
7.2.2 Hydrogen Generator Market- Electrolysis
7.2.3 Hydrogen Generator Market- Others
Chapter 8 Global Hydrogen Generator Market Analysis, by Product Type
8.2 Key Findings for Hydrogen Generator Market- By Product Type
8.2.1 Hydrogen Generator Market- Onsite
8.2.2 Hydrogen Generator Market- Portable
Chapter 9 Global Hydrogen Generator Market Analysis, by Application
9.2 Key Findings for Hydrogen Generator Market- By Application
9.2.1 Hydrogen Generator Market- Chemical Processing
9.2.2 Hydrogen Generator Market- Fuel Cells
9.2.3 Hydrogen Generator Market- Petroleum Recovery
9.2.4 Hydrogen Generator Market- Refining
Chapter 10 Hydrogen Generator Market Analysis by Region
10.1 Key Findings for Hydrogen Generator Market- By region
10.2.1 Global Hydrogen Generator Market Analysis, By Process, 2019 – 2028
10.2.2 Global Hydrogen Generator Market Analysis, By Product Type, 2019 – 2028
10.2.3 Global Hydrogen Generator Market Analysis, By Application, 2019 – 2028
10.3 Hydrogen Generator Market – North America
10.3.5 North America Market, By Process
10.3.6 North America Market, By Product Type
10.3.7 North America Market, By Application
10.4 Hydrogen Generator Market – Europe
10.4.3 United Kingdom
10.4.6 Rest Of Europe
10.4.7 Europe Market, By Process
10.4.8 Europe Market, By Product Type
10.4.9 Europe market by, Application
10.5 Hydrogen Generator Market – Asia Pacific
10.5.5 Rest of APAC
10.5.6 Asia Pacific Market, By Process
10.5.7 Asia Pacific Market, By Product Type
10.5.8 Asia Pacific Market, By Application
10.6 Hydrogen Generator Market – LAMEA
10.6.2 Middle East & Africa (MEA)
10.6.3 Latin America
10.6.4 Rest Of World
10.6.5 Latin America, Middle East and Africa Market, By Process
10.6.6 Latin America, Middle East and Africa Market, By Product Type
10.6.7 Latin America, Middle East and Africa Market, By Application
Chapter 11 Market Competition Analysis
11.1 Market Share/Positioning Analysis
11.1.1 Market Positioning of Key Vendors, 2019
11.1.2 Key Strategies Adopted by the Leading Players
11.1.3 Recent Developments
Chapter 12 Company Profiles- Snapshot
12.1 Praxiar technology Inc.
12.1.1 Business Fundamentals
12.1.2 Financial Snapshots
12.1.3 Product Portfolio
12.1.4 Recent Developments
12.2 Linde AG.
12.3 Hydrogenics Corporation
12.4 Air Liquide
12.5 Hy9 Corporation
12.6 MVS Engineering Pvt. Ltd.
12.7 Nel Hydrogen
12.8 Air Products and Chemical Inc.
12.9 McPhy Energy SA
12.10 Proton On-site Inc.
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
Chapter 13 Appendix
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