DUBLIN--(BUSINESS WIRE)--The "Hydrogen Generation - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
Global Hydrogen Generation market accounted for $103.20 billion in 2017 and is expected to reach $207.48 billion by 2026 growing at a CAGR of 8.1% from 2017 to 2026.
Factors such as strict government rules to manage extensive usage of fossil fuels and growing adoption of hydrogen are dominating the market growth. However, factors such as lack of proper distribution & transportation infrastructure are restraining the market growth. Advancements in the hydrogen fuel cell technology is one of the major opportunities for the market.
The main raw material used for hydrogen generation is water which makes the production process environment friendly. Hydrogen is completely renewable fuel which can be efficiently manufactured and transformed into electricity to satisfy the energy needs. Hydrogen storage can be done in different forms like gaseous, liquid and metal hydrides. Properties like lightweight, high efficiency, easy transportation through pipelines and low boiling point makes hydrogen ideal for industrial use.
Amongst Generation & Delivery Mode, Captive Production segment accounted held significant market share during the forecast period. The captive segment dominated the generation and delivery type due to demand from petroleum refineries to reduce the sulphur content in fuel.
In addition, it is also engaged in various large scale industries such as the chemical, pharmaceutical, metals, fuel cells and IC engines industry. By geography, Asia Pacific is expected to dominate the global market during the forecast period. Robust economic performance, large scale investments in Research and Development (R&D) are predicted to augment market growth in this region.
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Hydrogen Generation Market, By Technology
6 Global Hydrogen Generation Market, By Generation & Delivery Mode
7 Global Hydrogen Generation Market, By Capacity
8 Global Hydrogen Generation Market, By Product
9 Global Hydrogen Generation Market, By Production
10 Global Hydrogen Generation Market, By End User
11 Global Hydrogen Generation Market, By Geography
12 Key Developments
13 Company Profiling
- Xebec Adsorption, Inc.
- Teledyne Energy Systems, Inc.
- Taiyo Nippon Sanso
- Showa Denko K.K.
- Proton Onsite
- Praxair, Inc.
- Nuvera Fuel Cells, LLC
- Messer Group GmbH
- Linde AG
- Iwatani Corporation
- Hydrogenics Corporation
- HY9 Corporation
- Erredue S.P.A.
- Claind S.R.L.
- Caloric Anlagenbau GmbH
- Alumifuel Power Corporation
- Ally Hi-Tech Co., Ltd.
- Air Products and Chemicals, Inc
- Air Liquide S.A.
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