A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Hydrogen Generators - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 16; Released: May 2021
Executive Pool: 28487
Companies: 68 - Players covered include Air Liquide S.A.; Air Products and Chemicals, Inc.; Deokyang Co., Ltd.; EPOCH Energy Technology Corporation; Hydrogenics Corporation; Idroenergy; ITM Power Plc; Linde plc; McPhy Energy S.A.; Messer Group; Nel ASA; Nuvera Fuel Cells, LLC; Proton OnSite and Others.
Coverage: All major geographies and key segments
Segments: Product Type (On-Site, Portable); Process (Steam Reformer, Electrolysis); Application (Chemicals, Fuel Cells, Petroleum, Other Applications)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.
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ABSTRACT-
Global Hydrogen Generators Market to Reach $1.2 Billion by 2024
Hydrogen has for long been considered as a potential carrier of energy and also as a major contender among the available options of ideal energy resources that could be exploited for future energy needs of the world. The history of artificial production of hydrogen gas can be traced back to four centuries. Upon burning, the only emission that hydrogen lets out is water. This has formed the basis for its name 'hydrogen' which means 'water former' in the Greek language. However, hydrogen on its own cannot be an energy source. It needs to burn and react with oxygen for creating the heat required for generating energy. Hydrogen therefore has since long been used as a carrier of energy rather than an energy source. Hydrogen was used for storing energy created elsewhere. It was only a few decades ago that hydrogen fuel production began, using electrolysis of nuclear, wind, solar and hydro powers. Over the past few decades, hydrogen fuel has been applied safely for an increasing number of applications in chemical, glass, metal and food sectors. As of 2019, about 70 million tons of the fuel was produced for applications in various industries across the world. The important benefits of hydrogen fuel, namely clean, carbon-free, odorless, non-toxic and light-weight capabilities, are contributing towards the rising use of hydrogen fuel.
Hydrogen generators are used for production of hydrogen. Technology used by these generation units varies in accordance with the feedstock used. An onsite unit is installed at the premises of the consumer for producing hydrogen required by various processes. Technology employed varies depending on the feedstock used. Portable hydrogen generators on the other hand are units that provide electric power to a facility, on a temporary basis. Portable units are small-sized units that find widespread application in the form of power backup units and for charging of electronic devices. Portable units are also installed at construction sites for powering lights and tools. Hydrogen generators offer low cost and reliable hydrogen and aid in increasing safety and security of on-site en...










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