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Hydrogen Generation Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Hydrogen Generation Market Statistics 2028Due to the COVID-19 pandemic, the global Hydrogen Generation market size is estimated to be worth US$ 265.6 million in 2022 and is forecast to a readjusted size of US$ 445.5 million by 2028 with a CAGR of 9.0% during the review period.
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The hydrogen generation market will expand as a result of growing government desulphurization activities and the increased focus on hydrogen generation for fuel cell electricity. Due to its great energy efficiency, hydrogen is finding more and more uses, which will fuel market expansion throughout the projection period.
Hydrogen Generation Market Analysis
Based on type, Compared to alternative manufacturing techniques, the classic alkaline electrolyzer has the biggest market share (55%), operating with inexpensive catalysts, separators, and transport layers. The gas purity is great, and the durability is higher.
Based on region, With a market share of over 45%, Asia-Pacific is anticipated to experience significant expansion. This is brought about by the quick growth of investments in hydrogen fuel cells and the trend toward green technology for cutting carbon emissions. With a combined share of 45%, Europe and the Americas are the second-largest region.
Hydrogen Generation Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
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Hydrogen Generation Market By Type
• Traditional Alkaline Electroliser
• PEM Electroliser
Hydrogen Generation Market By Application
• Power Plants
• Steel Plant
• Electronics and Photovoltaics
• Industrial Gases
• Energy Storage or Fueling for FCEV's
• Power to Gas
• Others
Hydrogen Generation Market By Company
• Proton On-Site
• 718th Research Institute of CSIC
• Teledyne Energy Systems
• Hydrogenics
• Nel Hydrogen
• Suzhou Jingli
• Beijing Zhongdian
• McPhy
• Siemens
• TianJin Mainland
• Areva H2gen
• Shandong Saksay Hydrogen Energy
• Yangzhou Chungdean Hydrogen Equipment
• Asahi Kasei
• Idroenergy Spa
• Erredue SpA
• ShaanXi HuaQin
• Kobelco Eco-Solutions
• ELB Elektrolysetechnik GmbH
• ITM Power
• Toshiba
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