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Hydrogen Market 2024-2028

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    Report

  • 167 Pages
  • December 2023
  • Region: Global
  • TechNavio
  • ID: 5916600
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The hydrogen market is forecasted to grow by USD 92.35 bn during 2023-2028, accelerating at a CAGR of 7% during the forecast period. The report on the hydrogen market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing government focus on adoption of clean hydrogen, growing emphasis on using renewable energy sources, and increasing demand for hydrogen in various end-user industries.

The hydrogen market is segmented as below:

By Application

  • Chemical industry
  • Refinery industry
  • Metal processing industry
  • Others

By Type

  • Grey
  • Green
  • Blue

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the growing investments by vendors in hydrogen production as one of the prime reasons driving the hydrogen market growth during the next few years. Also, ongoing advancements in hydrogen production technologies and development of regional hydrogen hubs and clusters will lead to sizable demand in the market.

The report on the hydrogen market covers the following areas:

  • Hydrogen market sizing
  • Hydrogen market forecast
  • Hydrogen market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydrogen market vendors that include Air Liquide SA, Air Products and Chemicals Inc., BayoTech Inc., Caloric Anlagenbau GmbH, Ceres Power Holdings plc, Chart Industries Inc., Chevron Corp., Iwatani Corp., Linde Plc, Mahler AGS GmbH, Messer SE and Co. KGaA, Nel ASA, Orsted AS, Oxygen Service Co., Plug Power Inc., Resonac Holdings Corp., Saudi Arabian Oil Co., Shell plc, Siemens AG, and Uniper SE. Also, the hydrogen market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global hydrogen market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global hydrogen market 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Chemical industry - Market size and forecast 2023-2028
Exhibit 34: Chart on Chemical industry - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Chemical industry - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Chemical industry - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Chemical industry - Year-over-year growth 2023-2028 (%)
6.4 Refinery industry - Market size and forecast 2023-2028
Exhibit 38: Chart on Refinery industry - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Refinery industry - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Refinery industry - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Refinery industry - Year-over-year growth 2023-2028 (%)
6.5 Metal processing industry - Market size and forecast 2023-2028
Exhibit 42: Chart on Metal processing industry - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Metal processing industry - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Metal processing industry - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Metal processing industry - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Exhibit 50: Market opportunity by Application ($ billion)
Exhibit 51: Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 52: Chart on Type - Market share 2023-2028 (%)
Exhibit 53: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 54: Chart on Comparison by Type
Exhibit 55: Data Table on Comparison by Type
7.3 Grey - Market size and forecast 2023-2028
Exhibit 56: Chart on Grey - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Grey - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Grey - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Grey - Year-over-year growth 2023-2028 (%)
7.4 Green - Market size and forecast 2023-2028
Exhibit 60: Chart on Green - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Green - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Green - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Green - Year-over-year growth 2023-2028 (%)
7.5 Blue - Market size and forecast 2023-2028
Exhibit 64: Chart on Blue - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Blue - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Blue - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Blue - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Type
Exhibit 68: Market opportunity by Type ($ billion)
Exhibit 69: Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
Exhibit 111: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Air Liquide SA
Exhibit 123: Air Liquide SA - Overview
Exhibit 124: Air Liquide SA - Business segments
Exhibit 125: Air Liquide SA - Key offerings
Exhibit 126: Air Liquide SA - Segment focus
12.4 Air Products and Chemicals Inc.
Exhibit 127: Air Products and Chemicals Inc. - Overview
Exhibit 128: Air Products and Chemicals Inc. - Business segments
Exhibit 129: Air Products and Chemicals Inc. - Key news
Exhibit 130: Air Products and Chemicals Inc. - Key offerings
Exhibit 131: Air Products and Chemicals Inc. - Segment focus
12.5 BayoTech Inc.
Exhibit 132: BayoTech Inc. - Overview
Exhibit 133: BayoTech Inc. - Product / Service
Exhibit 134: BayoTech Inc. - Key offerings
12.6 Chart Industries Inc.
Exhibit 135: Chart Industries Inc. - Overview
Exhibit 136: Chart Industries Inc. - Business segments
Exhibit 137: Chart Industries Inc. - Key news
Exhibit 138: Chart Industries Inc. - Key offerings
Exhibit 139: Chart Industries Inc. - Segment focus
12.7 Chevron Corp.
Exhibit 140: Chevron Corp. - Overview
Exhibit 141: Chevron Corp. - Business segments
Exhibit 142: Chevron Corp. - Key news
Exhibit 143: Chevron Corp. - Key offerings
Exhibit 144: Chevron Corp. - Segment focus
12.8 Iwatani Corp.
Exhibit 145: Iwatani Corp. - Overview
Exhibit 146: Iwatani Corp. - Business segments
Exhibit 147: Iwatani Corp. - Key offerings
Exhibit 148: Iwatani Corp. - Segment focus
12.9 Linde Plc
Exhibit 149: Linde Plc - Overview
Exhibit 150: Linde Plc - Business segments
Exhibit 151: Linde Plc - Key news
Exhibit 152: Linde Plc - Key offerings
Exhibit 153: Linde Plc - Segment focus
12.10 Messer SE and Co. KGaA
Exhibit 154: Messer SE and Co. KGaA - Overview
Exhibit 155: Messer SE and Co. KGaA - Product / Service
Exhibit 156: Messer SE and Co. KGaA - Key offerings
12.11 Nel ASA
Exhibit 157: Nel ASA - Overview
Exhibit 158: Nel ASA - Business segments
Exhibit 159: Nel ASA - Key offerings
Exhibit 160: Nel ASA - Segment focus
12.12 Oxygen Service Co.
Exhibit 161: Oxygen Service Co. - Overview
Exhibit 162: Oxygen Service Co. - Product / Service
Exhibit 163: Oxygen Service Co. - Key offerings
12.13 Resonac Holdings Corp.
Exhibit 164: Resonac Holdings Corp. - Overview
Exhibit 165: Resonac Holdings Corp. - Business segments
Exhibit 166: Resonac Holdings Corp. - Key news
Exhibit 167: Resonac Holdings Corp. - Key offerings
Exhibit 168: Resonac Holdings Corp. - Segment focus
12.14 Saudi Arabian Oil Co.
Exhibit 169: Saudi Arabian Oil Co. - Overview
Exhibit 170: Saudi Arabian Oil Co. - Product / Service
Exhibit 171: Saudi Arabian Oil Co. - Key offerings
12.15 Shell plc
Exhibit 172: Shell plc - Overview
Exhibit 173: Shell plc - Business segments
Exhibit 174: Shell plc - Key offerings
Exhibit 175: Shell plc - Segment focus
12.16 Siemens AG
Exhibit 176: Siemens AG - Overview
Exhibit 177: Siemens AG - Business segments
Exhibit 178: Siemens AG - Key news
Exhibit 179: Siemens AG - Key offerings
Exhibit 180: Siemens AG - Segment focus
12.17 Uniper SE
Exhibit 181: Uniper SE - Overview
Exhibit 182: Uniper SE - Business segments
Exhibit 183: Uniper SE - Key offerings
Exhibit 184: Uniper SE - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 185: Inclusions checklist
Exhibit 186: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 187: Currency conversion rates for US$
13.4 Research methodology
Exhibit 188: Research methodology
Exhibit 189: Validation techniques employed for market sizing
Exhibit 190: Information sources
13.5 List of abbreviations
Exhibit 191: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global hydrogen market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Application - Market share 2023-2028 (%)
Exhibits 31: Data Table on Application - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Chemical industry - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Chemical industry - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Chemical industry - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Chemical industry - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Refinery industry - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Refinery industry - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Refinery industry - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Refinery industry - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Metal processing industry - Market size and forecast 2023-2028 ($ billion)
Exhibits 43: Data Table on Metal processing industry - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Chart on Metal processing industry - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Metal processing industry - Year-over-year growth 2023-2028 (%)
Exhibits 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 50: Market opportunity by Application ($ billion)
Exhibits 51: Data Table on Market opportunity by Application ($ billion)
Exhibits 52: Chart on Type - Market share 2023-2028 (%)
Exhibits 53: Data Table on Type - Market share 2023-2028 (%)
Exhibits 54: Chart on Comparison by Type
Exhibits 55: Data Table on Comparison by Type
Exhibits 56: Chart on Grey - Market size and forecast 2023-2028 ($ billion)
Exhibits 57: Data Table on Grey - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Chart on Grey - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on Grey - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Green - Market size and forecast 2023-2028 ($ billion)
Exhibits 61: Data Table on Green - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Chart on Green - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Green - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Blue - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Data Table on Blue - Market size and forecast 2023-2028 ($ billion)
Exhibits 66: Chart on Blue - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Blue - Year-over-year growth 2023-2028 (%)
Exhibits 68: Market opportunity by Type ($ billion)
Exhibits 69: Data Table on Market opportunity by Type ($ billion)
Exhibits 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 73: Chart on Geographic comparison
Exhibits 74: Data Table on Geographic comparison
Exhibits 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 111: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 112: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 113: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 114: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 115: Market opportunity By Geographical Landscape ($ billion)
Exhibits 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 117: Impact of drivers and challenges in 2023 and 2028
Exhibits 118: Overview on Criticality of inputs and Factors of differentiation
Exhibits 119: Overview on factors of disruption
Exhibits 120: Impact of key risks on business
Exhibits 121: Vendors covered
Exhibits 122: Matrix on vendor position and classification
Exhibits 123: Air Liquide SA - Overview
Exhibits 124: Air Liquide SA - Business segments
Exhibits 125: Air Liquide SA - Key offerings
Exhibits 126: Air Liquide SA - Segment focus
Exhibits 127: Air Products and Chemicals Inc. - Overview
Exhibits 128: Air Products and Chemicals Inc. - Business segments
Exhibits 129: Air Products and Chemicals Inc. - Key news
Exhibits 130: Air Products and Chemicals Inc. - Key offerings
Exhibits 131: Air Products and Chemicals Inc. - Segment focus
Exhibits 132: BayoTech Inc. - Overview
Exhibits 133: BayoTech Inc. - Product / Service
Exhibits 134: BayoTech Inc. - Key offerings
Exhibits 135: Chart Industries Inc. - Overview
Exhibits 136: Chart Industries Inc. - Business segments
Exhibits 137: Chart Industries Inc. - Key news
Exhibits 138: Chart Industries Inc. - Key offerings
Exhibits 139: Chart Industries Inc. - Segment focus
Exhibits 140: Chevron Corp. - Overview
Exhibits 141: Chevron Corp. - Business segments
Exhibits 142: Chevron Corp. - Key news
Exhibits 143: Chevron Corp. - Key offerings
Exhibits 144: Chevron Corp. - Segment focus
Exhibits 145: Iwatani Corp. - Overview
Exhibits 146: Iwatani Corp. - Business segments
Exhibits 147: Iwatani Corp. - Key offerings
Exhibits 148: Iwatani Corp. - Segment focus
Exhibits 149: Linde Plc - Overview
Exhibits 150: Linde Plc - Business segments
Exhibits 151: Linde Plc - Key news
Exhibits 152: Linde Plc - Key offerings
Exhibits 153: Linde Plc - Segment focus
Exhibits 154: Messer SE and Co. KGaA - Overview
Exhibits 155: Messer SE and Co. KGaA - Product / Service
Exhibits 156: Messer SE and Co. KGaA - Key offerings
Exhibits 157: Nel ASA - Overview
Exhibits 158: Nel ASA - Business segments
Exhibits 159: Nel ASA - Key offerings
Exhibits 160: Nel ASA - Segment focus
Exhibits 161: Oxygen Service Co. - Overview
Exhibits 162: Oxygen Service Co. - Product / Service
Exhibits 163: Oxygen Service Co. - Key offerings
Exhibits 164: Resonac Holdings Corp. - Overview
Exhibits 165: Resonac Holdings Corp. - Business segments
Exhibits 166: Resonac Holdings Corp. - Key news
Exhibits 167: Resonac Holdings Corp. - Key offerings
Exhibits 168: Resonac Holdings Corp. - Segment focus
Exhibits 169: Saudi Arabian Oil Co. - Overview
Exhibits 170: Saudi Arabian Oil Co. - Product / Service
Exhibits 171: Saudi Arabian Oil Co. - Key offerings
Exhibits 172: Shell plc - Overview
Exhibits 173: Shell plc - Business segments
Exhibits 174: Shell plc - Key offerings
Exhibits 175: Shell plc - Segment focus
Exhibits 176: Siemens AG - Overview
Exhibits 177: Siemens AG - Business segments
Exhibits 178: Siemens AG - Key news
Exhibits 179: Siemens AG - Key offerings
Exhibits 180: Siemens AG - Segment focus
Exhibits 181: Uniper SE - Overview
Exhibits 182: Uniper SE - Business segments
Exhibits 183: Uniper SE - Key offerings
Exhibits 184: Uniper SE - Segment focus
Exhibits 185: Inclusions checklist
Exhibits 186: Exclusions checklist
Exhibits 187: Currency conversion rates for US$
Exhibits 188: Research methodology
Exhibits 189: Validation techniques employed for market sizing
Exhibits 190: Information sources
Exhibits 191: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global hydrogen market: Air Liquide SA, Air Products and Chemicals Inc., BayoTech Inc., Caloric Anlagenbau GmbH, Ceres Power Holdings plc, Chart Industries Inc., Chevron Corp., Iwatani Corp., Linde Plc, Mahler AGS GmbH, Messer SE and Co. KGaA, Nel ASA, Orsted AS, Oxygen Service Co., Plug Power Inc., Resonac Holdings Corp., Saudi Arabian Oil Co., Shell plc, Siemens AG, and Uniper SE.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing investments by vendors in hydrogen production.'

According to the report, one of the major drivers for this market is the increasing government focus on adoption of clean hydrogen.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Air Liquide SA
  • Air Products and Chemicals Inc.
  • BayoTech Inc.
  • Caloric Anlagenbau GmbH
  • Ceres Power Holdings plc
  • Chart Industries Inc.
  • Chevron Corp.
  • Iwatani Corp.
  • Linde Plc
  • Mahler AGS GmbH
  • Messer SE and Co. KGaA
  • Nel ASA
  • Orsted AS
  • Oxygen Service Co.
  • Plug Power Inc.
  • Resonac Holdings Corp.
  • Saudi Arabian Oil Co.
  • Shell plc
  • Siemens AG
  • Uniper SE