Transparency Market Research Hydrogen Generator Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024 Published Date 06-June-2016 145 Page Report Buy Now Request Sample Press Release Hydrogen Generator Market Revenue is anticipated to reach US$ 1,255.76 Mn by 2024:TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Hydrogen Generator Market REPORT DESCRIPTION Hydrogen Generator Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024 Transparency Market Research has released a new market report titled Hydrogen Generator Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2016 - 2024. According to this report, the global hydrogen generator market revenue for stood at US$ 792.44 Mn in 2015 and is expected to reach US$ 1,255.76 Mn by 2024 at a CAGR of 5.25% from 2016 to 2024. Browse Report with Full TOC at : http://www.transparencymarketresearch.com/hydrogen-generationmarket.html Hydrogen generator is a unit installed in order to produce hydrogen. Technology pertaining to hydrogen generator varies with the choice of feedstock. An on-site hydrogen generator is a hydrogen generation unit installed directly at an end-user site with varying flow rate capacity, depending upon the application and user requirements. A portable hydrogen generator is a hydrogen-powered device that provides temporary electric power. Many construction sites use portable hydrogen generators to power tools and lights at a remote site. Hydrogen generators provide reliable and low-cost hydrogen and increase security and safety by eliminating cylinder handling, hydrogen storage, and routine hydrogen delivery. The use of hydrogen in applications such as chemical processing, fuel cells, petroleum recovery, refining, and others is expected to increase significantly throughout the forecast period as even more stringent environmental legislation is enforced. Both chemical processing and refining industries are the largest consumers of hydrogen Oil and gas refineries demand more hydrogen in order to lower the sulfur content of diesel in line with stringent government regulations to minimize sulfur content. Chemical processing uses hydrogen to process ammonia, methanol, and other chemicals in a petrochemical complex. Fuel cells are emerging technologies, which are currently utilized as a source of heat and electricity in buildings and the commercial sector Hydrogen is used in F&B to remove harmful bacteria and viruses. Hydrogen would be required by specialty chemical manufacturers and refiners to meet the overall need for cleaner products. The hydrogen generator market has been segmented in terms of product type, process type, application, capacity, and geography. By product type, the hydrogen generator market has been segmented into onsite generation and portable. By process type, the market has been segmented into steam reformer, electrolysis, and others. By application, the market has been segmented into chemical processing, fuel cells, petroleum recovery, refining, and others. By capacity the market has been segmented into 1-100 W, 100-300 W, 300-700W, 700W-1 KW, 1-3KW, and 3KW and above. On site generation product type held the largest share (72.86%) in 2015. By process type, steam reformer held the largest share i.e. (89.53% and 89.24%) for on-site and portable hydrogen generators respectively in 2015. By application, chemical processing held the largest market share (57.81%) in 2015. By capacity, 3KW and above held the largest market share (38.69%) in 2015 Transparency Market Research 2 Hydrogen Generator Market Growth in the hydrogen generator market is driven by the need for adoption of cleaner fuel sources, high electricity demand, excess depletion of fossil fuels and stringent regulatory norms to minimize carbon emissions. Rapid rise in the industrial application of hydrogen gas is expected to boost the demand for hydrogen generators globally. However, distribution and transportation challenges associated with hydrogen coupled with the high cost of hydrogen as against fossil fuels may restrain growth of the hydrogen generator market However, investments in transportation methods, storage methods, and distribution and production methods are likely to augment the global hydrogen generator market. Rapid rise in adoption of green fuel solutions in the residential, commercial, military, industrial, and other sectors, would boost the global hydrogen generator market. Furthermore, convenient and versatile use of a hydrogen generators along with high operational reliability is expected to drive the global hydrogen generator market growth in the future. Steam reformer and electrolysis have proved to be favorable for users to conveniently buy and operate a hydrogen generation system, (on-site or portable), and achieve the desired parameters for hydrogen production. Due to low energy consumption and low installation and operation costs, electrolysis process based hydrogen generators are considered as a preferable option for large-scale hydrogen production over steam reformers process based hydrogen generators. Key players in the hydrogen generator market include Air Liquide S.A., Air Products and Chemicals, Inc., Epoch Energy Technology Corporation, Hy9 Corporation, Hydrogenics Corporation, Idroenergy S.R.L., Linde AG, McPhy Energy S.A., Proton OnSite, Inc., and Praxair Technology, Inc. The hydrogen generator market has been segmented as follows: Hydrogen Generator Market: By Product Type On-Site Generation Portable Hydrogen Generator Market: By Process Type Steam Reformer Electrolysis Others Transparency Market Research 3 Hydrogen Generator Market Hydrogen Generator Market: By Application Chemical Processing Fuel Cells Petroleum Recovery Refining Others Hydrogen Generator Market: By Capacity 1-100 W 100-300 W 300-700W 700W-1 KW 1-3KW 3KW and above Hydrogen Generator Market: By Region North America U.S. Canada Europe Germany Transparency Market Research 4 Hydrogen Generator Market France U.K. Rest of Europe Asia Pacific China Japan South Korea Rest of Asia Pacific Middle East & Africa South & Central America Brazil Rest of South & Central America Download Free Research Report Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=130 TABLE OF CONTENT Table of Content Section 1 Preface Transparency Market Research 5 Hydrogen Generator Market Report Description Market Segmentation Research Scope Research Methodology Section 2 Executive Summary Executive Summary Section 3 Industry Analysis Introduction Value Chain Analysis Market Dynamics Market Drivers Market Restrains Market Opportunities Porter’s Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Buyers Threat of Substitutes Threat of New Entrants Transparency Market Research 6 Hydrogen Generator Market Degree of Competition Company Market Share- Hydrogen Generator Market, 2014 Market Attractiveness Analysis- Hydrogen Generator Market Section 4 Hydrogen Generator Market – Product Type Segment, By Revenue, 2014 – 2024 (US$ Mn) Overview On Site Generation Portable Section 5 Hydrogen Generator Market – Process Type Segment, By Revenue, 2014 – 2024 (US$ Mn) Overview Steam Reformer Electrolysis Others Section 6 Hydrogen Generator Market – Application Segment, By Revenue, 2014 – 2024 (US$ Mn) Overview Transparency Market Research 7 Hydrogen Generator Market Chemical Processing Fuel Cells Petroleum Recovery Refining Others Section 7 Hydrogen Generator Market – Capacity Segment, By Revenue, 2014 – 2024 (US$ Mn) Overview 1-100 W 100-300 W 300-700W 700W-1 KW 1-3KW 3KW and above Section 7 Company Profiles Air Liquide S.A. Air Products and Chemicals, Inc. Epoch Energy Technology Corporation Hy9 Corporation Transparency Market Research 8 Hydrogen Generator Market Hydrogenics Idroenergy S.R.L. Linde AG McPhy Energy S.A. Proton OnSite, Inc. Praxair Technology, Inc. Browse Report with Full TOC at : http://www.transparencymarketresearch.com/hydrogen-generationmarket.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 9
Until a few years ago, hydrogen was popular as a fuel used in automobiles. However, presently, it is moving from niche to mainstream – powering not just the automotive industry, but also the commercial, residential, military, and other industrial sectors. The latest figures indicate that nearly 12-13 million tons of hydrogen are produced in the U.S. every year, which is enough to power 5-8 million homes or 20-30 million cars. Globally, this figure reaches nearly 60 million tons every year. The global hydrogen generation market is anticipated to receive a great boost from this burgeoning demand for hydrogen. Hydrogen generators facilitate production of reliable and low-cost hydrogen and increase safety and security by eliminating cylinder handling, routine hydrogen delivery, and hydrogen storage. As per a report by Transparency Market Research (TMR), the global hydrogen generation market was valued at US$792.44 mn in 2015 and is estimated to reach US$1,255.76 mn by 2024, expanding at a CAGR of 5.25% between 2016 and 2024. TMR analysts state that the growing demand for high quality and cleaner fuel sources, rising concerns regarding excess depletion of fossil fuels, and stringent regulations to cut down carbon emissions are likely to augur well for the demand for hydrogen generators.
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