Hydrogen Generation Market Forecast and Trends

1
Hydrogen Generation Market by Technology,
Trend Analysis, Competitive Market Share
2021-2027
2
Industry Trends Forecast Report 2027 A recent
study conducted by the strategic consulting and
market research firm, BlueWeave Consulting,
revealed that global hydrogen generation market
was worth USD 130.4 billion in the year 2020. The
data yielded by the study reveals that the market
is estimated to grow at a CAGR of 9.4, earning
around USD 244.0 billion by the end of 2027. The
global hydrogen generation market is gaining
significant traction because of the driving
factors such as the shift towards sustainability,
growing demand for clean and green fuel, and the
flourishing hydrogen fuel cell vehicles
industry.  Hydrogen can be used in a variety of
chemical and industrial processes, as well as
integrated renewable energy systems and
transportation to achieve zero or near-zero
emissions. 
3
Growth Drivers Growing demand for clean
energy Hydrogen is a rich source of energy for
many reasons, the main being that its abundant
in supply. While it may take a lot of resources
to harness it, no other energy source is infinite
as hydrogen. That, essentially, means there is no
chance of it running out like different sources
of energy. Sample Copy of the Report
https//www.blueweaveconsulting.com/report/hydrog
en-generation-market-bwc20016/report-sample
4
Global Hydrogen Generation Market Regional
Insights Based on region, the global Hydrogen
Generation market segmented into North America,
Europe, Asia Pacific, Latin America, and Middle
East Africa. The Asia Pacific market is
expected to grow at a high CAGR during the
forecast period due to the increasing demand for
energy in the energy. Strong economic
performance, along with considerable investments
in RD in countries such as China, South Korea,
Japan, India, and Australia, is expected to fuel
the growth. China is moving toward massive
changes in the fuel and petroleum industry, to
overcome various difficulties, including
pollution and economic inequality between urban
and rural populations. 
5
Competitive Landscape Altiux Innovations, Amano
McGann, Inc., Amco S.A., BMW AG (ParkNow GmbH),
CivicSmart, Inc., Group Techna, Inc., Kapsch
TrafficCom, Meter Feeder, Inc., Mindteck, Nedap
N.V., Parkeon, ParkHelp, ParkiFi LLC, Air
Products, Robert Bosch GmbH, Siemens AG, Swarco
AG, Deteq Solutions and other prominent
players.
6
Recent Development   March, 2020 Air Products
announced it has signed agreements with PBF
Energy Inc. (NYSE PBF) that include the 530
million purchase of five hydrogen steam methane
reformer (SMR) hydrogen production plants and the
long-term supply of hydrogen from those already
operating plants to PBF refineries. The SMRs,
with a combined nearly 300 million standard cubic
feet per day of production capacity, are located
in Torrance and Martinez, California and Delaware
City, Delaware.   February, 2020 The
cooperative agreement with Kapsch TrafficCom
(Kapsch) will make Málaga the first city in
Europe to test the latest dynamic signaling
system and real-time traffic optimizer for the
improvement of urban mobility.
7
About Us Blueweave Consulting offers a one-stop
solution for your market intelligence needs for
any service or product. You get well-researched
comprehensive reports based on qualitative and
quantitative data to put your business plan into
action. Your well-informed and timely decisions
using our reports avert situations of excessive
risks and help you grow your business with
optimum risk-return trade-off. Delivering
quality insights into several product or service
markets within the timeline as per the needs of
the clients has earned BWC an excellent
reputation among clients. BWC strives to provide
timely and accurate digital market intelligence
services for making your business endeavors
successful.
8
Contact Us
1 866 658 6826  1 425 320 4776
 44 1865 60 0662  
 info(_at_)blueweaveconsulting.com   
www.blueweaveconsulting.com