Hydrogen Generator Market Poised to Grow at a CAGR of 5% by 2024

Hydrogen Generator Market Poised to Grow at a CAGR of 5% by 2024

Infinium Global Research has added a new report on Hydrogen Generator Market. The report presents analysis of global as well as regional markets of hydrogen generator market over the period of 2016 to 2024. Hydrogen Generator is a device in which the electrochemical reaction takes place – electrolysis of water. It is long been known process of obtaining hydrogen and oxygen gas. The hydrogen generator is the unit that produces hydrogen that is mainly used in the as part of fuel efficiency systems and medical and research fields to produce high purity hydrogen for gas chromatography, nanotube research, semiconductor industry and many others. The rapidly growing adoption of clean-burning fuels is the major factor that drives the growth of the hydrogen generator market. The hydrogen is used as an alternative to the fossil fuels that helps to reduce the emission of carbon. The growing use of hydrogen as alternative fuel led to the approximately 30% reduction in the consumption of conventional fossil fuel.  The high demand for low carbon emission gases from the oil and gas, chemical, automotive and others are anticipated to escalate the growth of hydrogen generator market. The rapidly growing adoption of hydrogen the growth of the hydrogen generator market. Moreover, increasing technological advancements, growing government inclination towards fuel cells electric vehicles (FCEV), and the use of hydrogen generators in the food and beverage industries to remove harmful bacteria’s are the factors projected to create the several opportunities for the hydrogen generator market over the forecast period.


Among the geographies, North America region has the highest market share in the hydrogen generator market in 2017 and is expected to maintain its stronghold over the forecast period. The rising awareness about the clean fuels in the North America region led to the high demand of hydrogen power generation plants that are driving the growth of the hydrogen generator market in this region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global hydrogen generator market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global hydrogen generator market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the hydrogen generator market worldwide.


The report segments the global hydrogen generator market on the basis of Product type, Capacity, Process Type and Application.


Global Hydrogen Generator Market by Product Type

·         On-Site Generation

·         Portable


Global Hydrogen Generator Market by Capacity

·         1-100 W

·         100-300 W

·         300-700W

·         700W-1 KW

·         1-3KW

·         3KW And Above


Global Hydrogen Generator Market by Process Type

·          Steam Reformer

·         Electrolysis


Global Hydrogen Generator Market by Application

·         Chemical Processing

·         Petroleum Recovery

·         Refining

·         Fuel Cells


Companies Profiled in the Report

·         Air Liquide S.A.

·         Praxair Technology, Inc

·         Air Products and Chemicals, Inc.

·         Proton OnSite, Inc

·         Hy9 Corporation

·         Hydrogenics Corporation,

·         Idroenergy S.R.L.

·         McPhy Energy S.A.

·         Linde AG


About Infinium Global Research

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