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/pdfdownloadNew.asp?id=494

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?id=494

4. Browse >> 124 market data tables 48 figures 221 pagesand 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 : US$9650 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 @ https://www.marketsandmarkets.com/requestsample.asp?id=494

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 industry’s 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 @https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=494

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/purchase_report1.asp?id=494

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