Green Hydrogen Generator Market Research Report Provides An In-Depth Analysis Of The Currents Trends, Latest Expansions By 2028

Posted on Feb 7 2023 7:07 AM

"The global green hydrogen generator market size was USD 200.9 million in 2020. The market is projected to grow from USD 222.4 million in 2021 to USD 325.1 million in 2028 at a CAGR of 5.6% during the 2021-2028 period."

Green hydrogen generator Market 2023-2028

Market Overview:

The “Green hydrogen generator Market” report analyses the worldwide and regional markets, also because of the market's overall growth prospects. It provides deep insight into the worldwide market's competitive landscape. additionally, the research report also includes a whole overview of leading companies that features their effective marketing tactics, market participation, and up-to-date advancements in both historical and current settings. COVID-19 had three major effects on the worldwide market directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets.

The global green hydrogen generator market size was USD 200.9 million in 2020. The market is projected to grow from USD 222.4 million in 2021 to USD 325.1 million in 2028 at a CAGR of 5.6% during the 2021-2028 period.

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Key Industry Developments:

December 2020 – Green Hydrogen Systems have obtained investments for a total of approx. EUR 28 million from A.P. Møller Holding A/S to enable it to meet the accelerating demand for electrolyzer capacity.

Major Key Companies Green hydrogen generator Market Covered in The Globally Market:

  • Nel (Proton On-Site)
  • Asahi Kasei
  • Hydrogenics
  • Areva H2gen
  • Shandong Saikesaisi Hydrogen Energy Co., Ltd.
  • Teledyne Energy Systems
  • Siemens AG
  • Kobelco Eco-Solutions
  • McPhy
  • Yangzhou Chungdean Hydrogen Equipment Co., Ltd
  • Suzhou Jingli
  • TianJin Mainland
  • ITM Power
  • Idroenergy Spa
  • Erredue SpA

Competitive Scenario-

De Nora to Account for an Enormous Market Share

De Nora is a leader and supplier of alkaline water electrolysis systems for the manufacture of green hydrogen. The organization is a pioneer in the alkaline and proton exchange membrane (PEM) water electrolysis group, having installed over 3,000 efficient and cost-effective systems worldwide. The company is focused on partnerships, collaborations, and agreements to strengthen its position in the green hydrogen generator industry. For instance, on April 13, 2018, De Nora and The Belgian company AGFA signed a technological contract. Under this agreement, De Nora will integrate AGFA’s diaphragm separators with its electrodes for a novel package. The designed electrodes will be used as a bespoke solution for hydrogen and oxygen production through alkaline water electrolysis.

Growth Factor:

Introduction of Innovative Methods for Green Hydrogen production to Stimulate Market

Hydrogen is currently generated using various methods, including water electrolysis, steam methane reforming, partial oil oxidation, and coal gasification. Water electrolysis is the most common method for producing green hydrogen. Hydrogen and oxygen are generated by water electrolysis using renewable energy sources such as solar power and wind. Hence, prominent companies are investing in advanced technologies to produce green hydrogen extensively, in turn, boosting the green hydrogen generator market growth. For instance, Air Products and ThyssenKrupp AG signed a Cooperation Agreement (SCA) for the extensive supply of green hydrogen. Through this contract, ThyssenKrupp AG will deliver its technology, equipment, and technical services for Air Product’s water electrolysis plants.

Regional Analysis and Countries Level Analysis:

Green hydrogen generator Market regional analysis is a highly comprehensive part of the research presented in the report. This section sheds light on the sales growth of different regional and country-level Market shares. It provides in-depth and precise country-wise Market growth rate, value/volume analysis, and region-wise market size information of the global market.

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What are the report's objectives?

  • Green hydrogen generator market report shows the estimated market size for the Market Industry at the end of the forecast period.
  • The research also looks at historical and current market sizes.
  • Based on a range of variables, the charts depict year-over-year growth (percent) and compound annual growth rate (CAGR) over the specified anticipated time.
  • The study includes a market overview, geographical scope, segmentation, and financial performance of the major competitors.
  • For the forecast period, the study examines the growth rate, market size, and market valuation.

Report & Research:

  • We utilize data from the demand & supply side and paid databases. All the sources and methodology adopted for gathering data and information are mentioned in our reports.
  • we provide customization of reports based on your requirements. It will be charged based on the scope of customization. In addition.
  • we provide data for a particular country and region in our reports as well as customized formats. In our reports, we cover major countries and regions. However, if there is a requirement for a specific region, we would be happy to offer the data.
  • we provide market share information and insights considering the scope. This service is provided as a part of customization requirements.
  • we provide particular chapters of the report.

Table of Content:

Key Points from TOC:

  1. Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

  1. Executive Summary
  2. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

  1. Key Insights

4.1 Global Statistics — Key Countries

4.2 New Product Launches

4.3 Pipeline Analysis

4.4 Regulatory Scenario — Key Countries

4.5 Recent Industry Developments — Partnerships, Mergers & Acquisitions

  1. Global Green hydrogen generator Market Analysis, Insights and Forecast

5.1. Key Findings/ Summary

5.2. Market Analysis — By Product Type

5.3. Market Analysis — By Distribution Channel

5.4. Market Analysis — By Countries/Sub-regions


  1. Competitive Analysis

11.1. Key Industry Developments

11.2. Global Market Share Analysis

11.3. Competition Dashboard

11.4. Comparative Analysis — Major Players

  1. Company Profiles

12.1 Overview

12.2 Products & Services

12.3 SWOT Analysis

12.4 Recent developments

12.5 Major Investments

12.6 Regional Market Size and Demand

  1. Strategic Recommendations

TOC Continued……………

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