Hydrogen Generation Market by Process (Biological Processes, Direct Solar Water Splitting Processes, Electrolytic Processes), Source (Blue Hydrogen, Green Hydrogen, Grey Hydrogen), Generation & Delivery Mode, Storage, Application - Global Forecast 2023-20

Hydrogen Generation Market by Process (Biological Processes, Direct Solar Water Splitting Processes, Electrolytic Processes), Source (Blue Hydrogen, Green Hydrogen, Grey Hydrogen), Generation & Delivery Mode, Storage, Application - Global Forecast 2023-2030


The Hydrogen Generation Market size was estimated at USD 880.06 billion in 2022 and expected to reach USD 942.37 billion in 2023, at a CAGR 7.28% to reach USD 1,544.43 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Hydrogen Generation Market.
  • Based on Process, market is studied across Biological Processes, Direct Solar Water Splitting Processes, Electrolytic Processes, and Thermochemical Processes. The Biological Processes is further studied across Microbial Biomass Conversion. The Direct Solar Water Splitting Processes is further studied across Photobiological and Photoelectrochemical. The Thermochemical Processes is further studied across Biomass Gasification, Biomass-derived Liquid Reforming, Natural Gas Reforming, and Solar Thermochemical Hydrogen. The Biological Processes is projected to witness significant market share during forecast period.
  • Based on Source, market is studied across Blue Hydrogen, Green Hydrogen, and Grey Hydrogen. The Blue Hydrogen is projected to witness significant market share during forecast period.
  • Based on Generation & Delivery Mode, market is studied across Captive and Merchant. The Captive is projected to witness significant market share during forecast period.
  • Based on Storage, market is studied across On-Board Hydrogen Storage, Power-To-Gas Hydrogen Storage, and Underground Hydrogen Storage. The Power-To-Gas Hydrogen Storage is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Ammonia Production, Methanol Production, Petroleum Refinery, Power Generation, and Transportation. The Petroleum Refinery is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Hydrogen Generation Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Hydrogen Generation Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Hydrogen Generation Market, highlighting leading vendors and their innovative profiles. These include Air Liquide S.A., Air Products and Chemicals, Inc., Ally Hi-Tech Co., Ltd., AquaHydrex, Inc., Ballard Power Systems Inc., Caloric Anlagenbau GmbH, Claind S.r.l., Cummins Inc., Enapter S.r.l., ErreDue SpA, FuelCell Energy, Inc., Hiringa Energy Limited, HyGear, Hyster-Yale Materials Handling, Inc., Iwatani Corporation, Linde PLC, Mahler AGS GmbH, McPhy Energy S.A., Messer Se & Co. KGaA, Nel ASA, NewHydrogen, Inc., Nippon Sanso Holdings Corporation, Plug Power Inc., Proton Energy Systems, Inc., Teledyne Energy Systems, Inc., and Xebec Adsorption Inc..

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Hydrogen Generation Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Hydrogen Generation Market?
  3. What is the competitive strategic window for identifying opportunities in the Hydrogen Generation Market?
  4. What are the latest technology trends and regulatory frameworks in the Hydrogen Generation Market?
  5. What is the market share of the leading vendors in the Hydrogen Generation Market?
  6. Which modes and strategic moves are suitable for entering the Hydrogen Generation Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Hydrogen Generation Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Favorable Government Initiatives for Hydrogen Projects
5.1.1.2. Increasing Demand for Green and Clean Fuel
5.1.1.3. Rising Application of Hydrogen in Varied Industries
5.1.2. Restraints
5.1.2.1. Concerns Related to High Capex and Energy Intensive Operations Related to Hydrogen Generation & Storage
5.1.3. Opportunities
5.1.3.1. Future Plans & Investment Toward the Development of Hydrogen Based Economy
5.1.3.2. Ongoing Efforts in the Development of Green Hydrogen Production Technologies
5.1.4. Challenges
5.1.4.1. Issues of Safety in the Use of Hydrogen
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Hydrogen Generation Market, by Process
6.1. Introduction
6.2. Biological Processes
6.3.1. Microbial Biomass Conversion
6.3. Direct Solar Water Splitting Processes
6.4.1. Photobiological
6.4.2. Photoelectrochemical
6.4. Electrolytic Processes
6.5. Thermochemical Processes
6.6.1. Biomass Gasification
6.6.2. Biomass-derived Liquid Reforming
6.6.3. Natural Gas Reforming
6.6.4. Solar Thermochemical Hydrogen
7. Hydrogen Generation Market, by Source
7.1. Introduction
7.2. Blue Hydrogen
7.3. Green Hydrogen
7.4. Grey Hydrogen
8. Hydrogen Generation Market, by Generation & Delivery Mode
8.1. Introduction
8.2. Captive
8.3. Merchant
9. Hydrogen Generation Market, by Storage
9.1. Introduction
9.2. On-Board Hydrogen Storage
9.3. Power-To-Gas Hydrogen Storage
9.4. Underground Hydrogen Storage
10. Hydrogen Generation Market, by Application
10.1. Introduction
10.2. Ammonia Production
10.3. Methanol Production
10.4. Petroleum Refinery
10.5. Power Generation
10.6. Transportation
11. Americas Hydrogen Generation Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Hydrogen Generation Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Hydrogen Generation Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Air Liquide S.A.
15.1.2. Air Products and Chemicals, Inc.
15.1.3. Ally Hi-Tech Co., Ltd.
15.1.4. AquaHydrex, Inc.
15.1.5. Ballard Power Systems Inc.
15.1.6. Caloric Anlagenbau GmbH
15.1.7. Claind S.r.l.
15.1.8. Cummins Inc.
15.1.9. Enapter S.r.l.
15.1.10. ErreDue SpA
15.1.11. FuelCell Energy, Inc.
15.1.12. Hiringa Energy Limited
15.1.13. HyGear
15.1.14. Hyster-Yale Materials Handling, Inc.
15.1.15. Iwatani Corporation
15.1.16. Linde PLC
15.1.17. Mahler AGS GmbH
15.1.18. McPhy Energy S.A.
15.1.19. Messer Se & Co. KGaA
15.1.20. Nel ASA
15.1.21. NewHydrogen, Inc.
15.1.22. Nippon Sanso Holdings Corporation
15.1.23. Plug Power Inc.
15.1.24. Proton Energy Systems, Inc.
15.1.25. Teledyne Energy Systems, Inc.
15.1.26. Xebec Adsorption Inc.
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing

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