Product Code: GVR-4-68040-472-3
Hydrogen Generator Market Size & Trends:
The global hydrogen generator market size was estimated at USD 702.09 million in 2023 and expected to grow at a CAGR of 6.9% from 2024 to 2030. The market growth is driven by several key factors that are shaping its growth trajectory. One of the primary drivers is the increasing demand for clean and renewable energy sources, as global concerns about climate change and carbon emissions intensify. Governments worldwide are implementing supportive policies and incentives to promote hydrogen as a viable alternative to fossil fuels, particularly in sectors such as transportation and industrial applications. The declining costs of renewable energy technologies, especially solar and wind, are facilitating the adoption of electrolytic hydrogen production methods, further boosting market growth.
Additionally, advancements in hydrogen generation technologies, including steam methane reforming and electrolysis, are enhancing efficiency and reducing production costs. The rising interest in hydrogen fuel cell electric vehicles (FCEVs) is also contributing to market expansion, particularly in regions like North America where infrastructure development for hydrogen refueling stations is underway. Furthermore, the increasing utilization of hydrogen in chemical processing and refining applications underscores its versatility and importance in various industries, solidifying its role in the transition to a sustainable energy future.
Global Hydrogen Generator Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented hydrogen generator market report based on product, process, application, and region:
- Product Outlook (Revenue, USD Million, 2018 - 2030)
- On-site
- Portable
- Process Outlook (Revenue, USD Million, 2018 - 2030)
- Steam Reforming
- Electrolysis
- Others
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Chemical Processing
- Petroleum Recovery
- Fuel Cells
- Refinery
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- Italy
- Spain
- France
- Russia
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Projects & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Hydrogen Generator Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospects Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliances
- 3.4.2. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Business Environment Analysis
- 3.6.1. Industry analysis - porter's five forces analysis
- 3.6.2. Industry analysis - Pestle analysis
Chapter 4. Hydrogen Generator Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2023 & 2030
- 4.2. On-site
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Portable
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Hydrogen Generator Market: Process Estimates & Trend Analysis
- 5.1. Process Movement Analysis & Market Share, 2023 & 2030
- 5.2. Steam Reforming
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Electrolysis
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Others
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Hydrogen Generator Market: Application Estimates & Trend Analysis
- 6.1. Application Movement Analysis & Market Share, 2023 & 2030
- 6.2. Chemical Processing
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. Petroleum Recovery
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4. Fuel Cells
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5. Refinery
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6. Others
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Hydrogen Generator Market: Regional Estimates & Trend Analysis
- 7.1. Key Takeaways
- 7.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.3.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.3.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.5. U.S.
- 7.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.3.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.5.5.
- 7.3.6. Canada
- 7.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.3.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.7. Mexico
- 7.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.7.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.3.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4. Europe
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.1.1. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.4.1.2. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.4.1.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.2. Germany
- 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.2.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.4.2.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.4.2.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.3. UK
- 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.3.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.4.3.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.4.3.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.4. France
- 7.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.4.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.4.4.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.4.4.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.5. Italy
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.4.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.6. Spain
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.4.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.7. Russia
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.4.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.5.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.5. China
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.5.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.5.5.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.5.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.6. India
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.6.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.5.6.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.5.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.7. Japan
- 7.5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.7.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.5.7.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.5.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.8. Australia
- 7.5.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.8.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.5.8.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.5.8.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6. Central & South America
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.6.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6.5. Brazil
- 7.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.5.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.6.5.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.6.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6.6. Argentina
- 7.6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.6.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.6.6.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.6.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.7.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.7.5. Saudi Arabia
- 7.7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.5.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.7.5.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.7.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.7.6. South Africa
- 7.7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.6.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.7.6.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.7.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.7.7. UAE
- 7.7.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.7.2. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million)
- 7.7.7.3. Market estimates and forecasts, by Process, 2018 - 2030 (USD Million)
- 7.7.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Key Players & Recent Developments & Their Impact on the Industry
- 8.2. Key Company/Competition Categorization (Key innovators, Market leaders, emerging players)
- 8.3. List of key Process Suppliers and Channel Partners
- 8.4. Company Market Share & Position Analysis, 2023
- 8.5. Company Heat Map Analysis
- 8.6. Competitive Dashboard Analysis
- 8.7. Strategy Mapping
- 8.7.1. Expansion
- 8.7.2. Collaboration/ Partnerships/ Agreements
- 8.7.3. New Product launches
- 8.7.4. Mergers & Acquisitions
- 8.7.5. Research & Development
- 8.7.6. Others
- 8.8. Company Listing / Profiles
- 8.8.1. Air Liquide
- 8.8.1.1. Company Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.2. Air Products and Chemicals
- 8.8.3. Epoch Energy Technology
- 8.8.4. LNI Swissgas
- 8.8.5. Hydrogenics-Corporation
- 8.8.6. Idroenergy
- 8.8.7. Linde
- 8.8.8. McPhy Energy
- 8.8.9. Proton OnSite
- 8.8.10. Praxair Inc