Hydrogen Generation Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global hydrogen generation market is expected to grow at a CAGR of around 9.1% during 2025-2034. This report on global hydrogen generation market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global hydrogen generation market by segmenting the market based on source, technology, application, systems type and region. Also, detailed profiles of companies operating in the hydrogen generation market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Adoption of Clean Energy Solutions
• Government Regulations to Reduce Carbon Emissions
Market Challenges
• Difficult to Store
• Lack of Infrastructure
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Source
• Natural Gas
• Coal
• Biomass
• Water
Market by Technology
• Steam Methane Reforming (SMR)
• Partial Oxidation (POX)
• Coal Gasification
• Electrolysis
Market by Application
• Petroleum Refinery
• Ammonia Production
• Methanol Production
• Transportation
• Power Generation
• Other Applications
Market by System Type
• Merchant
• Captive
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Hydrogen Generation Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Hydrogen Generation Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Hydrogen Generation Market by Source
- 5.1. Introduction
- 5.2. Natural Gas
- 5.3. Coal
- 5.4. Biomass
- 5.5. Water
- 6. Global Hydrogen Generation Market by Technology
- 6.1. Introduction
- 6.2. Steam Methane Reforming (SMR)
- 6.3. Partial Oxidation (POX)
- 6.4. Coal Gasification
- 6.5. Electrolysis
- 7. Global Hydrogen Generation Market by Application
- 7.1. Introduction
- 7.2. Petroleum Refinery
- 7.3. Ammonia Production
- 7.4. Methanol Production
- 7.5. Transportation
- 7.6. Power Generation
- 7.7. Other Applications
- 8. Global Hydrogen Generation Market by Systems Type
- 8.1. Introduction
- 8.2. Merchant
- 8.3. Captive
- 9. Global Hydrogen Generation Market by Region
- 9.1 Introduction
- 9.2 Europe
- 9.2.1 Germany
- 9.2.2 United Kingdom
- 9.2.3 France
- 9.2.4 Italy
- 9.2.5 Spain
- 9.2.6 Russia
- 9.2.7 Netherlands
- 9.2.8 Rest of the Europe
- 9.3 North America
- 9.3.1 United States
- 9.3.2 Canada
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Indonesia
- 9.4.7 Rest of the Asia Pacific
- 9.5 Latin America
- 9.5.1 Mexico
- 9.5.2 Brazil
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 Turkey
- 9.6.3 Iran
- 9.6.4 Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1. Competitive Scenario
- 13.2. Company Profiles
- 13.2.1. Air Liquide International
- 13.2.2. Air Products and Chemicals, Inc
- 13.2.3. CLAIND srl
- 13.2.4. Hydrogenics
- 13.2.5. Inox Air Products Ltd
- 13.2.6. Linde plc
- 13.2.7. Mahler AGS GmbH
- 13.2.8. McPhy Energy S
- 13.2.9. Messer Group GmbH
- 13.2.10. NEL Hydrogen
- 13.2.11. Taiyo Nippon Sanso Corporation
- 13.2.12. Weldstar Inc
- 13.2.13. Xebec Adsorption Inc
- List of Figures
- Figure 1: Global Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 2: Global Hydrogen Generation Market by Source, 2024
- Figure 3: Global Hydrogen Generation Market by Technology, 2024
- Figure 4: Global Hydrogen Generation Market by Application, 2024
- Figure 5: Global Hydrogen Generation Market by Systems Type, 2024
- Figure 6: Global Hydrogen Generation Market by Region, 2024
- Figure 7: Global Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 8: Global Hydrogen Generation Market by Source (in %), 2024 & 2034
- Figure 9: Global Natural Gas Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 10: Global Natural Gas Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 11: Global Coal Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 12: Global Coal Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 13: Global Biomass Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 14: Global Biomass Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 15: Global Water Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 16: Global Water Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 17: Global Hydrogen Generation Market by Technology (in %), 2024 & 2034
- Figure 18: Global SMR Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 19: Global SMR Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 20: Global POX Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 21: Global POX Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 22: Global Coal Gasification Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 23: Global Coal Gasification Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 24: Global Electrolysis Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 25: Global Electrolysis Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 26: Global Hydrogen Generation Market by Application (in %), 2024 & 2034
- Figure 27: Global Petroleum Refinery Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 28: Global Petroleum Refinery Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 29: Global Ammonia Production Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 30: Global Ammonia Production Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 31: Global Methanol Production Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 32: Global Methanol Production Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 33: Global Transportation Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 34: Global Transportation Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 35: Global Power Generation Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 36: Global Power Generation Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 37: Global Other Applications Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 38: Global Other Applications Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 39: Global Hydrogen Generation Market by System Type (in %), 2024 & 2034
- Figure 40: Global Merchant Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 41: Global Merchant Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 42: Global Captive Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 43: Global Captive Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 44: Global Hydrogen Generation Market by Region (in %), 2024 & 2034
- Figure 45: Europe Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 46: Europe Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 47: Europe Hydrogen Generation Market by Country (in %), 2024 & 2034
- Figure 48: Germany Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 49: United Kingdom Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 50: France Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 51: Italy Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 52: Spain Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 53: Russia Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 54: Netherlands Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 55: North America Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 56: North America Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 57: North America Hydrogen Generation Market by Country (in %), 2024 & 2034
- Figure 58: United States Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 59: Canada Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 60: Asia Pacific Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 61: Asia Pacific Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 62: Asia Pacific Hydrogen Generation Market by Country (in %), 2024 & 2034
- Figure 63: China Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 64: Japan Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 65: India Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 66: South Korea Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 67: Australia Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 68: Indonesia Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 69: Latin America Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 70: Latin America Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 71: Latin America Hydrogen Generation Market by Country (in %), 2024 & 2034
- Figure 72: Mexico Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 73: Brazil Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 74: Argentina Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 75: Middle East & Africa Hydrogen Generation Market (in US$ Million), 2020-2024
- Figure 76: Middle East & Africa Hydrogen Generation Market (in US$ Million), 2025-2034
- Figure 77: Middle East & Africa Hydrogen Generation Market by Country (in %), 2024 & 2034
- Figure 78: Saudi Arabia Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 79: Turkey Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 80: Iran Hydrogen Generation Market (in US$ Million), 2020-2034
- Figure 81: Market Value Chain
- List of Tables
- Table 1: Global Hydrogen Generation Market Portraiture
- Table 2: Global Hydrogen Generation Market by Source (in US$ Million), 2024 & 2034
- Table 3: Global Hydrogen Generation Market by Technology (in US$ Million), 2024 & 2034
- Table 4: Global Hydrogen Generation Market by Application (in US$ Million), 2024 & 2034
- Table 5: Global Hydrogen Generation Market by Systems Type (in US$ Million), 2024 & 2034
- Table 6: Global Hydrogen Generation Market by Region (in US$ Million), 2024 & 2034
- Table 7: Europe Hydrogen Generation Market by Country (in US$ Million), 2024 & 2034
- Table 8: North America Hydrogen Generation Market by Country (in US$ Million), 2024 & 2034
- Table 9: Asia Pacific Hydrogen Generation Market by Country (in US$ Million), 2024 & 2034
- Table 10: Latin America Hydrogen Generation Market by Country (in US$ Million), 2024 & 2034
- Table 11: Middle East & Africa Hydrogen Generation Market by Country (in US$ Million), 2024 & 2034
- Table 12: List of Key Players
Research Assistance
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