Global Hydrogen Generation Market

Table of Contents

Chapter 1 Introduction

• Introduction
• Study Goals and Objectives
• Reasons for Doing this Study
• Scope of Report
• Research Methodology
• Information Sources
• Geographic Breakdown

Chapter 2 Summary and Highlights

• Market Outlook
• Market Summary
• Chapter 3 Market Overview
• Introduction
• Evolution of Hydrogen Generation
• Value Chain Analysis
• Input Materials
• Production
• Transport and Storage
• Distribution
• Utilization
• End-Of-Life/Recycling
• Porter's Five Forces Model
• Supplier Power
• Buyer Power
• Threat of New Entrants
• Threat of Substitute
• Competitive Rivalry
• Impact of Covid-19 on the Global Market
• Market Contraction and Initial Disruptions
• Supply Chain Disruptions
• Change in Government Priorities
• Accelerated Research and Innovation
• Renewing Government Commitments and Incentives
• Global Partnerships and Collaborations
• Ukraine-Russia War Impact on the Global Market
• Impact on Disruptions in the Supply Chain
• Impact on Investment and Geopolitical Uncertainty
• Impact on Hydrogen Infrastructure Projects
• Impact on Market Dynamics at the Regional and World Levels
• Impact on International Cooperation and Energy Security
• Impact on the Development of Green and Blue Hydrogen Strategies

Chapter 4 Market Dynamics

• Overview
• Key Market Drivers
• Green Hydrogen-Generating Systems Are Being Developed and Researched Constantly
• Increasing Adoption of Fuel Cell Electric Vehicles
• Growing Demand for Clean Energy
• Reduction of Carbon Emissions
• Market Restraints
• Loss of Energy During the Production of Hydrogen
• Lack of Development in the Hydrogen Infrastructure
• Key Challenges for the Hydrogen Generation Market
• Production of Green Hydrogen Comes at a High Expense
• Hydrogen's Integration into Natural Gas Networks is Difficult
• Market Opportunities
• Hydrogen Becoming An Attractive Fuel Source for Heavy-Duty Applications
• Government Programs to Quicken Deployment of Hydrogen Fueling Stations
• Increased Emphasis on Meeting the Net Zero Emission Goal by 2050
• Short-Term and Long-Term Impact of Market Dynamics

Chapter 5 Market Breakdown by Type

• Overview
• Grey Hydrogen
• Blue Hydrogen
• Green Hydrogen

Chapter 6 Market Breakdown by Source

• Overview
• Natural Gas
• Oil
• Coal
• Coal Gasification to Produce Hydrogen
• Systems With An Integrated Gasification Combined Cycle (Igcc)
• Steam Methane Reforming (Smr) With Coal Pyrolysis
• Carbon Capture and Storage (Ccs) With Coal-Based Hydrogen
• Environmental Challenges and Impacts
• Future Opportunities and Research Projects
• Renewable and Grid Electricity
• Solar Energy
• Wind Energy
• Hydropower
• Biomass and Bioenergy
• Geothermal Energy
• Tidal and Wave Energy
• Grid Integration, Electrolysis and Potential Difficulties

Chapter 7 Market Breakdown by Technology

• Overview
• Steam Methane Reforming (Smr)
• Tubular Reforming
• Autothermal Reforming (Atr)
• Combined or Integrated Reforming
• Partial Oxidation (Pox)
• Non-Catalytic Pox
• Catalytic Pox
• Coal Gasification
• Electrolysis

Chapter 8 Market Breakdown by Delivery Mode

• Overview
• Captive
• Merchant

Chapter 9 Market Breakdown by Application

• Overview
• Petroleum Refinery
• Ammonia Production
• Methanol Production
• Others
• Transportation
• Power Generation

Chapter 10 Market Breakdown by Region

• Overview
• North America
• United States
• Canada
• Mexico
• Europe
• Germany
• France
• United Kingdom
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Rest of Asia-Pacific
• Rest of the World
• Middle East
• Africa
• South America

Chapter 11 ESG Development

• Overview
• Importance of ESG in Hydrogen Generation
• Future of ESG With Hydrogen Generation
• Case Study: Examples of Successful Implementation of ESG
• Concluding Remarks

Chapter 12 Emerging Technologies and Developments

• Introduction
• Current Market Trends
• Emergence of India's Hydrogen Market
• Inflation Reduction Act Will Boost North American Hydrogen Investment
• Transition to Africa's Clean Hydrogen Hub
• Global Policy Changes to Accelerate Final Investment Decisions
• Hydrogen as An Energy Storage Solution
• Emerging and Upcoming Trends in Hydrogen Generation
• Hydrogen Fuel Cells
• Renewable Hydrogen
• Advanced Electrolysis
• X-To-Hydrogen-To-X
• Hydrogen Carriers

Chapter 13 Patent Analysis

• Overview
• Key Patents

Chapter 14 M&A and Venture Funding Outlook

• M&A Analysis
• Startups Funding in Hydrogen Generation

Chapter 15 Competitive Intelligence

• Overview
• Market Share Analysis
• Market Strategy Analysis for Hydrogen Generation
• Agreement
• Partnership
• Expansion
• Investment
• Key Market Developments
• Agreements
• Partnerships
• Investments
• Expansions

Chapter 16 Company Profiles

• Introduction
• Air Liquide
• Air Products and Chemicals Inc.
• Cummins Inc.
• Enapter S.R.L.
• Engie
• Green Hydrogen Systems
• Itm Power plc
• Iwatani Corp.
• Linde plc
• Mcphy Energy S.A.
• Nel Asa
• Orsted A/S
• Plug Power Inc.
• Siemens AG
• Uniper Se
• Chapter 17 Appendix
• Acronyms Used in this Report

List of Tables
Summary Table: Global Market for Hydrogen Generation, by Region, Through 2028
Table 1: Impact of Market Drivers on the Global Market
Table 2: Impact of Restraints on the Global Market
Table 3: Impact of Challenges on the Global Market
Table 4: Impact of Opportunities on the Global Market
Table 5: Global Market for Hydrogen Generation, by Type, Through 2028
Table 6: Global Hydrogen Generation Market for Grey Hydrogen, by Region, Through 2028
Table 7: Global Hydrogen Generation Market for Blue Hydrogen, by Region, Through 2028
Table 8: Global Hydrogen Generation Market for Green Hydrogen, by Region, Through 2028
Table 9: Global Market for Hydrogen Generation, by Source, Through 2028
Table 10: Global Hydrogen Generation Market for Natural Gas, by Region, Through 2028
Table 11: Global Hydrogen Generation Market for Oil, by Region, Through 2028
Table 12: Global Hydrogen Generation Market for Coal, by Region, Through 2028
Table 13: Global Hydrogen Generation Market for Renewable and Grid Electricity, by Region, Through 2028
Table 14: Global Market for Hydrogen Generation, by Technology, Through 2028
Table 15: Global Hydrogen Generation Market for Steam Methane Reforming, by Region, Through 2028
Table 16: Global Hydrogen Generation Market for Partial Oxidation (POX), by Region, Through 2028
Table 17: Global Hydrogen Generation Market for Coal Gasification, by Region, Through 2028
Table 18: Global Hydrogen Generation Market for Electrolysis, by Region, Through 2028
Table 19: Global Market for Hydrogen Generation, by Delivery Mode, Through 2028
Table 20: Global Hydrogen Generation Market for Captive, by Region, Through 2028
Table 21: Global Hydrogen Generation Market for Merchant, by Region, Through 2028
Table 22: Global Market for Hydrogen Generation, by Application, Through 2028
Table 23: Global Hydrogen Generation Market for Petroleum Refinery, by Region, Through 2028
Table 24: Global Hydrogen Generation Market for Ammonia Production, by Region, Through 2028
Table 25: Global Hydrogen Generation Market for Methanol Production, by Region, Through 2028
Table 26: Global Hydrogen Generation Market for Other Applications, by Region, Through 2028
Table 27: Global Market for Hydrogen Generation, by Region, Through 2028
Table 28: North American Market for Hydrogen Generation, by Country, Through 2028
Table 29: North American Market for Hydrogen Generation, by Source, Through 2028
Table 30: North American Market for Hydrogen Generation, by Type, Through 2028
Table 31: North American Market for Hydrogen Generation, by Technology, Through 2028
Table 32: North American Market for Hydrogen Generation, by Application, Through 2028
Table 33: North American Market for Hydrogen Generation, by Delivery Mode, Through 2028
Table 34: European Market for Hydrogen Generation, by Country, Through 2028
Table 35: European Market for Hydrogen Generation, by Source, Through 2028
Table 36: European Market for Hydrogen Generation, by Type, Through 2028
Table 37: European Market for Hydrogen Generation, by Technology, Through 2028
Table 38: European Market for Hydrogen Generation, by Application, Through 2028
Table 39: European Market for Hydrogen Generation, by Delivery Mode, Through 2028
Table 40: Asia-Pacific Market for Hydrogen Generation, by Country, Through 2028
Table 41: Asia-Pacific Market for Hydrogen Generation, by Source, Through 2028
Table 42: Asia-Pacific Market for Hydrogen Generation, by Type, Through 2028
Table 43: Asia-Pacific Market for Hydrogen Generation, by Technology, Through 2028
Table 44: Asia-Pacific Market for Hydrogen Generation, by Application, Through 2028
Table 45: Asia-Pacific Market for Hydrogen Generation, by Delivery Mode, Through 2028
Table 46: Rest of the World Market for Hydrogen Generation, by Sub-Region, Through 2028
Table 47: Rest of the World Market for Hydrogen Generation, by Source, Through 2028
Table 48: Rest of the World Market for Hydrogen Generation, by Type, Through 2028
Table 49: Rest of the World Market for Hydrogen Generation, by Technology, Through 2028
Table 50: Rest of the World Market for Hydrogen Generation, by Application, Through 2028
Table 51: Rest of the World Market for Hydrogen Generation, by Delivery Mode, Through 2028
Table 52: Environment Factors for the Hydrogen Generation Industry
Table 53: Social Factors for the Hydrogen Generation Industry
Table 54: Governance Factors for the Hydrogen Generation Industry
Table 55: ESG Score for the Hydrogen Generation
Table 56: Linde: Sustainable Development Targets 2028
Table 57: M&A Deals, Global Hydrogen Generation Market, January 2021-March 2023
Table 58: Startup Funding in Hydrogen Generation Market, January 2022-May2023
Table 59: Agreements in the Hydrogen Generation Market, April 2022-May 2023
Table 60: Partnerships in the Hydrogen Generation Market, August 2022-April 2023
Table 61: Investments in the Hydrogen Generation Market, 2023
Table 62: Expansions in the Hydrogen Generation Market, 2023
Table 63: Air Liquide: Annual Revenue, 2021-2022
Table 64: Air Liquide: News/Developments, 2023
Table 65: Air Liquide: Hydrogen Generation Product Portfolio
Table 66: Air Products and Chemicals Inc.: Annual Revenue, 2021-2022
Table 67: Air Products and Chemicals Inc.: News/Developments, 2022 and 2023
Table 68: Air Products and Chemicals Inc.: Hydrogen Generation Product Portfolio
Table 69: Cummins Inc.: Annual Revenue, 2021-2022
Table 70: Cummins Inc.: News/Developments, 2022 and 2023
Table 71: Cummins Inc.: Hydrogen Generation Product Portfolio
Table 72: Enapter S.r.l.: News/Developments, 2023
Table 73: Enapter S.r.l.: Hydrogen Generation Product Portfolio
Table 74: Engie SA: Annual Revenue, 2021-2022
Table 75: Engie SA: News/Developments, 2022 and 2023
Table 76: Engie SA: Hydrogen Generation Product Portfolio
Table 77: Green Hydrogen Systems: Annual Revenue, 2021-2022
Table 78: Green Hydrogen Systems: News/Developments, 2022 and 2023
Table 79: Green Hydrogen Systems: Hydrogen Generation Product Portfolio
Table 80: ITM Power Plc: Annual Revenue, 2021-2022
Table 81: ITM Power Plc: News/Developments, 2023
Table 82: ITM Power Plc: Hydrogen Generation Product Portfolio
Table 83: Iwatani Corp.: Annual Revenue, 2021-2022
Table 84: Iwatani Corp.: News/Developments, 2022 and 2023
Table 85: Iwatani Corp.: Hydrogen Generation Product Portfolio
Table 86: Linde plc: Annual Revenue, 2021-2022
Table 87: Linde plc: News/Developments, 2023
Table 88: Linde plc: Hydrogen Generation Product Portfolio
Table 89: McPhy Energy S.A.: Product Offering
Table 90: Nel ASA: Annual Revenue, 2021-2022
Table 91: Nel ASA: News/Developments, 2023
Table 92: Nel ASA: Hydrogen Generation Product Portfolio
Table 93: Orsted A/S: Annual Revenue, 2021-2022
Table 94: Orsted A/S: News/Developments, 2023
Table 95: Orsted A/S: Hydrogen Generation Product Portfolio
Table 96: Plug Power Inc.: Annual Revenue, 2021-2022
Table 97: Plug Power Inc.: News/Developments, 2023
Table 98: Plug Power Inc.: Hydrogen Generation Product Portfolio
Table 99: Siemens AG: Annual Revenue, 2021-2022
Table 100: Siemens AG: News/Developments, 2023
Table 101: Siemens AG: Hydrogen Generation Product Portfolio
Table 102: Uniper SE: Annual Revenue, 2021-2022
Table 103: Uniper SE: News/Developments, 2022 and 2023
Table 104: Uniper SE: Hydrogen Generation Product Portfolio
Table 105: Emerging Players in Hydrogen Generation Market
Table 106: Acronyms and Abbreviations Used in This Report

List of Figures
Figure A: Top-Down and Bottom-Up Approaches to the Global Hydrogen Generation Market
Summary Figure: Global Market Shares of Hydrogen Generation, by Region, 2022
Figure 1: Evolution of Hydrogen Generation
Figure 2: Value Chain for Hydrogen Generation Market
Figure 3: Porter’s Five Forces Model for Hydrogen Generation Market
Figure 4: Market Drivers for Hydrogen Generation
Figure 5: Market Restraints for Hydrogen Generation
Figure 6: Market Challenges for Hydrogen Generation
Figure 7: Opportunities in the Market for Hydrogen Generation
Figure 8: Global Market Shares of Hydrogen Generation, by Type, 2022
Figure 9: Global Market Shares of Hydrogen Generation, by Type, 2028
Figure 10: Global Hydrogen Generation Market Shares of Grey Hydrogen, by Region, 2022
Figure 11: Global Hydrogen Generation Market Shares of Grey Hydrogen, by Region, 2028
Figure 12: Global Hydrogen Generation Market Shares of Blue Hydrogen, by Region, 2022
Figure 13: Global Hydrogen Generation Market Shares of Blue Hydrogen, by Region, 2028
Figure 14: Global Hydrogen Generation Market Shares of Green Hydrogen, by Region, 2022
Figure 15: Global Hydrogen Generation Market Shares of Green Hydrogen, by Region, 2028
Figure 16: Global Market Shares of Hydrogen Generation, by Source, 2022
Figure 17: Global Market Shares of Hydrogen Generation, by Source, 2028
Figure 18: Global Hydrogen Generation Market Shares of Natural Gas, by Region, 2022
Figure 19: Global Hydrogen Generation Market Shares of Natural Gas, by Region, 2028
Figure 20: Global Hydrogen Generation Market Shares of Oil, by Region, 2022
Figure 21: Global Hydrogen Generation Market Shares of Oil, by Region, 2028
Figure 22: Global Hydrogen Generation Market Shares of Coal, by Region, 2022
Figure 23: Global Hydrogen Generation Market Shares of Coal, by Region, 2028
Figure 24: Global Hydrogen Generation Market Shares of Renewable and Grid Electricity, by Region, 2022
Figure 25: Global Hydrogen Generation Market Shares of Renewable and Grid Electricity, by Region, 2028
Figure 26: Global Market Shares of Hydrogen Generation, by Technology, 2022
Figure 27: Global Market Shares of Hydrogen Generation, by Technology, 2028
Figure 28: Global Hydrogen Generation Market Shares of Steam Methane Reforming, by Region, 2022
Figure 29: Global Hydrogen Generation Market Shares of Steam Methane Reforming, by Region, 2028
Figure 30: Global Hydrogen Generation Market Shares of Partial Oxidation (POX), by Region, 2022
Figure 31: Global Hydrogen Generation Market Shares of Partial Oxidation (POX), by Region, 2028
Figure 32: Global Hydrogen Generation Market Shares of Coal Gasification, by Region, 2022
Figure 33: Global Hydrogen Generation Market Shares of Coal Gasification, by Region, 2028
Figure 34: Global Hydrogen Generation Market Shares of Electrolysis, by Region, 2022
Figure 35: Global Hydrogen Generation Market Shares of Electrolysis, by Region, 2028
Figure 36: Global Market Shares of Hydrogen Generation, by Delivery Mode, 2022
Figure 37: Global Market Shares of Hydrogen Generation, by Delivery Mode, 2028
Figure 38: Global Hydrogen Generation Market Shares of Captive, by Region, 2022
Figure 39: Global Hydrogen Generation Market Shares of Captive, by Region, 2028
Figure 40: Global Hydrogen Generation Market Shares of Merchant, by Region, 2022
Figure 41: Global Hydrogen Generation Market Shares of Merchant, by Region, 2028
Figure 42: Global Market Shares of Hydrogen Generation, by Application, 2022
Figure 43: Global Market Shares of Hydrogen Generation, by Application, 2028
Figure 44: Global Hydrogen Generation Market Shares of Petroleum Refinery, by Region, 2022
Figure 45: Global Hydrogen Generation Market Shares of Petroleum Refinery, by Region, 2028
Figure 46: Global Hydrogen Generation Market Shares of Ammonia Production, by Region, 2022
Figure 47: Global Hydrogen Generation Market Shares of Ammonia Production, by Region, 2028
Figure 48: Global Hydrogen Generation Market Shares of Methanol Production, by Region, 2022
Figure 49: Global Hydrogen Generation Market Shares of Methanol Production, by Region, 2028
Figure 50: Global Hydrogen Generation Market Shares of Other Applications, by Region, 2022
Figure 51: Global Hydrogen Generation Market Shares of Other Applications, by Region, 2028
Figure 52: Global Market Shares of Hydrogen Generation, by Region, 2022
Figure 53: Global Market Shares of Hydrogen Generation, by Region, 2028
Figure 54: North American Market Shares of Hydrogen Generation, by Country, 2022
Figure 55: North American Market Shares of Hydrogen Generation, by Country, 2028
Figure 56: North American Market Shares of Hydrogen Generation, by Source, 2022
Figure 57: North American Market Shares of Hydrogen Generation, by Source, 2028
Figure 58: North American Market Shares of Hydrogen Generation, by Type, 2022
Figure 59: North American Market Shares of Hydrogen Generation, by Type, 2028
Figure 60: North American Market Shares of Hydrogen Generation, by Technology, 2022
Figure 61: North American Market Shares of Hydrogen Generation, by Technology, 2028
Figure 62: North American Market Shares of Hydrogen Generation, by Application, 2022
Figure 63: North American Market Shares of Hydrogen Generation, by Application, 2028
Figure 64: North American Market Shares of Hydrogen Generation, by Delivery Mode, 2022
Figure 65: North American Market Shares of Hydrogen Generation, by Delivery Mode, 2028
Figure 66: European Market Shares of Hydrogen Generation, by Country, 2022
Figure 67: European Market Shares of Hydrogen Generation, by Country, 2028
Figure 68: European Market Shares of Hydrogen Generation, by Source, 2022
Figure 69: European Market Shares of Hydrogen Generation, by Source, 2028
Figure 70: European Market Shares of Hydrogen Generation, by Type, 2022
Figure 71: European Market Shares of Hydrogen Generation, by Type, 2028
Figure 72: European Market Shares of Hydrogen Generation, by Technology, 2022
Figure 73: European Market Shares of Hydrogen Generation, by Technology, 2028
Figure 74: European Market Shares of Hydrogen Generation, by Application, 2022
Figure 75: European Market Shares of Hydrogen Generation, by Application, 2028
Figure 76: European Market Shares of Hydrogen Generation, by Delivery Mode, 2022
Figure 77: European Market Shares of Hydrogen Generation, by Delivery Mode, 2028
Figure 78: Asia-Pacific Market Shares of Hydrogen Generation, by Country, 2022
Figure 79: Asia-Pacific Market Shares of Hydrogen Generation, by Country, 2028
Figure 80: Asia-Pacific Market Shares of Hydrogen Generation, by Source, 2022
Figure 81: Asia-Pacific Market Shares of Hydrogen Generation, by Source, 2028
Figure 82: Asia-Pacific Market Shares of Hydrogen Generation, by Type, 2022
Figure 83: Asia-Pacific Market Shares of Hydrogen Generation, by Type, 2028
Figure 84: Asia-Pacific Market Shares of Hydrogen Generation, by Technology, 2022
Figure 85: Asia-Pacific Market Shares of Hydrogen Generation, by Technology, 2028
Figure 86: Asia-Pacific Market Shares of Hydrogen Generation, by Application, 2022
Figure 87: Asia-Pacific Market Shares of Hydrogen Generation, by Application, 2028
Figure 88: Asia-Pacific Market Shares of Hydrogen Generation, by Delivery Mode, 2022
Figure 89: Asia-Pacific Market Shares of Hydrogen Generation, by Delivery Mode, 2028
Figure 90: Rest of the World Market Shares of Hydrogen Generation, by Sub-Region, 2022
Figure 91: Rest of the World Market Shares of Hydrogen Generation, by Sub-Region, 2028
Figure 92: Rest of the World Market Shares of Hydrogen Generation, by Source, 2022
Figure 93: Rest of the World Market Shares of Hydrogen Generation, by Source, 2028
Figure 94: Rest of the World Market Shares of Hydrogen Generation, by Type, 2022
Figure 95: Rest of the World Market Shares of Hydrogen Generation, by Type, 2028
Figure 96: Rest of the World Market Shares of Hydrogen Generation, by Technology, 2022
Figure 97: Rest of the World Market Shares of Hydrogen Generation, by Technology, 2028
Figure 98: Rest of the World Market Shares of Hydrogen Generation, by Application, 2022
Figure 99: Rest of the World Market Shares of Hydrogen Generation, by Application, 2028
Figure 100: Rest of the World Market Shares of Hydrogen Generation, by Delivery Mode, 2022
Figure 101: Rest of the World Market Shares of Hydrogen Generation, by Delivery Mode, 2028
Figure 102: Current Trends in the Hydrogen Generation Market
Figure 103: Emerging Trends in the Hydrogen Generation Market
Figure 104: Share of Patents on Hydrogen Generation, by Company, 2022
Figure 105: Share of M&A Deals in Hydrogen Generation Market, by Region, 2021-2023
Figure 106: Startup Funding in Hydrogen Generation Market, by Varioud Rounds, 2022-2023
Figure 107: Distribution Share of Startup Funding Amount in Hydrogen Generation Market, by Various Rounds, 2022-2023
Figure 108: Global Market Shares of Hydrogen Generation, by Company, 2022
Figure 109: Global Market Shares of Hydrogen Generation, by Strategy Type, 2022
Figure 110: Air Liquide: Annual Revenue, 2021-2022
Figure 111: Air Liquide: Revenue Share, by Business Unit, 2022
Figure 112: Air Liquide: Revenue Share, by Region, 2022
Figure 113: Air Products and Chemicals Inc.: Annual Revenue, 2021-2022
Figure 114: Air Products and Chemicals Inc.: Revenue Share, by Business Unit, 2022
Figure 115: Air Products and Chemicals Inc.: Revenue Share, by Region, 2022
Figure 116: Cummins Inc.: Annual Revenue, 2021-2022
Figure 117: Cummins Inc.: Revenue Share, by Business Unit, 2022
Figure 118: Cummins Inc.: Revenue Share, by Region/Country, 2022
Figure 119: Engie SA: Annual Revenue, 2021-2022
Figure 120: Engie SA: Revenue Share, by Business Unit, 2022
Figure 121: Engie SA: Revenue Share, by Region/Country, 2022
Figure 122: Green Hydrogen Systems: Annual Revenue, 2021-2022
Figure 123: ITM Power Plc: Annual Revenue, 2021-2022
Figure 124: ITM Power Plc: Revenue Share, by Business Unit, 2022
Figure 125: ITM Power Plc: Revenue Share, by Region/Country, 2022
Figure 126: Iwatani Corp.: Annual Revenue, 2021-2022
Figure 127: Iwatani Corp.: Revenue Share, by Business Unit, 2022
Figure 128: Linde plc: Annual Revenue, 2021-2022
Figure 129: Linde plc: Revenue Share, by Business Unit, 2022
Figure 130: Linde plc: Revenue Share, by Region, 2022
Figure 131: Nel ASA: Annual Revenue, 2021-2022
Figure 132: Nel ASA: Revenue Share, by Business Unit, 2022
Figure 133: Nel ASA: Revenue Share, by Region/Country, 2022
Figure 134: Orsted A/S: Annual Revenue, 2021-2022
Figure 135: Orsted A/S: Revenue Share, by Business Unit, 2022
Figure 136: Orsted A/S: Revenue Share, by Region/Country, 2022
Figure 137: Plug Power Inc.: Annual Revenue, 2021-2022
Figure 138: Plug Power Inc.: Revenue Share, by Business Unit, 2022
Figure 139: Plug Power Inc.: Revenue Share, by Region, 2022
Figure 140: Siemens AG: Annual Revenue, 2021-2022
Figure 141: Siemens AG: Revenue Share, by Business Unit, 2022
Figure 142: Siemens AG: Revenue Share, by Region, 2022
Figure 143: Uniper SE: Annual Revenue, 2021-2022
Figure 144: Uniper SE: Revenue Share, by Business Unit, 2022
Figure 145: Uniper SE: Revenue Share, by Region/Country, 2022

Executive Summary

Hydrogen production is the family of industrial methods for generating hydrogen gas. It is a flexible and clean energy source that may be applied to industrial operations, power generation, transportation, and fuel cells. Different processes, such as electrolysis, biomass conversion, and the reforming of fossil fuels, can produce hydrogen. Steam methane reforming (SMR), one of the most popular processes for producing hydrogen, combines natural gas with hot steam to produce hydrogen and carbon dioxide as byproducts. A sizable amount of the world’s hydrogen generation is due to this technique.

Another significant way of producing hydrogen is electrolysis, which involves using electricity to separate water molecules into hydrogen and oxygen. This method is sustainable since it may use renewable energy sources like solar and wind energy. According to statistical evidence, electrolysis-based hydrogen production is expanding quickly and is expected to impact the hydrogen economy in the future significantly.

There has been a lot of emphasis on boosting hydrogen-producing capacity in recent years. Several nations and businesses are developing large-scale hydrogen manufacturing facilities. For instance, China now produces the most hydrogen. Germany, South Korea, Japan, the U.S., and others also invest in hydrogen technology and infrastructure.

In conclusion, the shift to a sustainable energy future is greatly aided by hydrogen production. Hydrogen is positioned to play a significant role in the global energy mix thanks to its many production techniques and rising investments. The statistical statistics demonstrate the growing significance of electrolysis-based hydrogen production and the supremacy of steam methane reforming.

Companies Mentioned

• Air Liquide
• Air Products and Chemicals Inc.
• Cummins Inc.
• Enapter S.R.L.
• Engie
• Green Hydrogen Systems
• Itm Power plc
• Iwatani Corp.
• Linde plc
• Mcphy Energy S.A.
• Nel Asa
• Orsted A/S
• Plug Power Inc.
• Siemens AG
• Uniper Se