Hydrogen Generation Market worth $199.1 billion by 2023 - PowerPoint PPT Presentation

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Hydrogen Generation Market worth $199.1 billion by 2023

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The Hydrogen Generation Market is expected to reach USD 199.1 billion by 2023, at a CAGR of 8.0% from 2018 to 2023. The hydrogen generation market is expected to grow from USD 135.5 billion in 2018 to USD 199.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period. The major factors driving the hydrogen generation market include the growing demand to decarbonize energy end-use, government regulation for desulphurization of refinery activities, and increased demand for hydrogen in the transportation sector. Stringent restrictions on desulphurization of refinery products are expected to drive the hydrogen generation market. – PowerPoint PPT presentation

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Title: Hydrogen Generation Market worth $199.1 billion by 2023


1
Hydrogen Generation Market by Generation,
Application (Petroleum Refinery, Ammonia
Production, Methanol Production, Transportation,
Power Generation), Technology (Steam Reforming,
Water Electrolysis, Others), Storage, and
Region Global Forecast to 2023
www.MarketsandMarkets.com
2
The transportation segment is expected to grow at
the highest CAGR in the global hydrogen
generation market during the forecast period
The hydrogen generation market has been
segmented based on application into petroleum
refinery, ammonia production, methanol
production, transportation, power generation, and
others. The transportation segment is driven by
the growing demand for fuel cell based electric
vehicles and buses in North America and Asia
Pacific regions. Countries such as the US, China,
and Japan are currently investing in developing
hydrogen fuel cell infrastructure such as fuel
stations and hydrogen generation methods. PDF
Brochure https//www.marketsandmarkets.com/pdfd
ownloadNew.asp?id494

3
Electrolysis technology is expected to grow at
the highest CAGR in the global hydrogen
generation market during the forecast
period The hydrogen generation market, by
technology, is segmented into steam reforming,
partial oxidation, gasification, and electrolysis
techniques. Electrolysis technology segment is
expected to grow at the highest rate during the
forecast period with the increasing demand for
fuel cells in transportation and power generation
operations. Also, major players are currently
using the electrolysis technology through excess
renewable power integration that further
increases the efficiency of operations. Request
for Customization https//www.marketsandmarkets.
com/requestCustomization.asp?id494
4
Browse gtgt 124 market data
tables 48 figures
221 pages and in-depth TOC on Hydrogen
Generation Market - Global Forecast to
2023 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 7150 for single
user. Corporate User US9650 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
5
Asia Pacific is expected to hold the largest
market size in the hydrogen generation market
during the forecast period Asia Pacific is
estimated to account for the largest share of the
market in 2018. The Asia Pacific region is
considered the most advanced region in terms of
technology innovation and infrastructure of fuel
cells. Automotive companies based in the region
such as Toyota and Honda are pioneers in fuel
cell technology research and have been investing
in the fuel cell technology for more than three
decades. With rising demand for fossil fuels in
transportation operations and growing need to
decarbonize energy end-use, hydrogen is expected
to play a major role in the fuel transition of
the region. The rising demand from stationary and
portable power generation applications is also
likely to positively impact the hydrogen
generation market during the forecast period. All
these factors are expected to drive the hydrogen
generation market in the Asia Pacific
region. Request Sample _at_ https//www.marketsandma
rkets.com/requestsample.asp?id494
6
  • Market Size Estimation
  • Both top-down and bottom-up approaches have been
    used to estimate and validate the size of the
    global hydrogen generation market and its
    dependent submarkets. These methods were also
    used extensively to estimate the size of various
    subsegments in the market. The research
    methodology used to estimate the market size
    includes the following
  • The key players in the industry and markets
    have been identified through extensive secondary
    research, and their market shares in the
    respective regions have been determined through
    primary and secondary research.
  • The industrys supply chain and market size,
    in terms of value, have been determined through
    primary and secondary research processes.
  • All percentage shares, splits, and breakdowns
    have been determined using secondary sources and
    verified through primary sources.
  • Speak to analyst _at_ https//www.marketsandmarkets.c
    om/speaktoanalystNew.asp?id494

7
  • Key players -
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the
    Hydrogen Generation Market. The key players
    include
  • Air Liquide (France), Air Products and Chemicals
    (US), Iwatani (Japan), Hydrogenics (Canada),
    Linde (Germany), Praxair (US), Messer Group
    (Germany), Showa Denko (Japan), Ally Hi-Tech
    (China), Caloric (Germany), Claind (Italy),
    Erredue (Italy), HyGear (Netherlands), Nuvera
    Fuel Cells (US), Proton OnSite (US), Taiyo Nippon
    Sanso (Japan), Teledyne Energy Systems (US),
    Xebec (Canada), Ballard Power Systems (Canada),
    FuelCell Energy (US), and Plug Power (US).
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_report1.asp?id494

8
Contact Mr. Shelly Singh MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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