Hydrogen Generation Market Drivers, Restraints, Merger, PESTELE Analysis and Business Opportunities by 2030
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- Olivia Grande
- April 13, 2023
The Global Hydrogen Generation Market research study published by Emergen Research is an extensive collection of insightful information about the Hydrogen Generation industry. The report covers the Hydrogen Generation Market segmentation along with a detailed outline of the Hydrogen Generation market size with regards to volume and valuation. The report provides comprehensive coverage of the Hydrogen Generation market scenario for the current period and forecast timeline of 2022-2030. Every industry vertical, segment, end-use industry, application, and region’s historical, current, and forecast revenues are thoroughly examined in the Hydrogen Generation market report. In-depth research is done in the study on the factors affecting the industry’s growth as well as the growth of the Hydrogen Generation market. The report goes into great detail about the pandemic’s effects on the Hydrogen Generation business, both good and bad. Economic volatility and supply chain disruptions have changed the way the Hydrogen Generation business operates. The study investigates how the pandemic has affected the market’s major segments and geographical areas.
The hydrogen generation market size was USD 135 Billion in 2021 and is expected to register a revenue CAGR of 9.8% during the forecast period, according to the latest analysis by Emergen Research. Rising demand from the transportation sector is a key factor driving growth of the market. Development of green hydrogen production methods is a key trend that is expected to create opportunities for the global market. Hydrogen is currently produced using various processes including steam methane reforming, partial oil oxidation, coal gasification, and water electrolysis. Majority of hydrogen produced today is used in petroleum refineries and fertilizer production out of which 90% is derived from fossil fuel reformation and is the most cost-effective way. However, because CO2 is emitted in the process, there are no meaningful climatic advantages. Green hydrogen is produced by electrolysis of water using renewable energy sources such as onshore and offshore wind and solar power. Green hydrogen offers a wide range of uses from industrial feedstock to fuel cells and energy storage.
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The research also discusses obstacles, risks to the market, restrictions, and other elements that may impede the expansion of the Hydrogen Generation industry. The market in foreign waters and the new trends in those areas are also covered in detail in the research. In order to provide a thorough picture of the Hydrogen Generation market landscape, it also provides insights into the competitive landscape, market drivers, industrial scenario, and the most recent product and technology breakthroughs.
The keyword research report also includes an in-depth analysis of the key players in the market, as well as their implemented company expansion, strategic planning, and business overview plans. This helps readers and business owners create plans for strategic investment and expansion. The study focuses on business and government transactions, as well as mergers and acquisitions, joint ventures, collaborations, and partnerships. The expansions that these well-known firms are vying for in the key market areas are also discussed in the report. The examination of the technological and product developments made by these companies is the main emphasis of the report.
The key companies studied in the report are:
Enapter, Claind, Atawey, Hiringa Energy, Exytron, Messer, Hydrogenics Corporation, SOL Group, Iwatani Corporation and Linde PLC
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
- Technology Outlook (Revenue, USD Billion; 2019–2030)
- Steam Methane Reforming
- Coal Gasification
- Partial Oxidation
- Source Outlook (Revenue, USD Billion; 2019–2030)
- Blue Hydrogen
- Green Hydrogen
- Application Outlook (Revenue, USD Billion; 2019–2030)
- Petroleum Refinery
- Ammonia Production
- Methanol Production
- Power Generation
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Hydrogen Generation market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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