Global Non-Volatile Memory Market Research Report: Forecast to 2023
Global Hydrogen Generator Market Research Report: Forecast to 2023
Page |1
Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
VIEW REPORT PRESS RELEASE
SAMPLE REPORT
Page |2
Copyright © 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
Summary As per the reports published by Market Research Future, the hydrogen generator market is estimated to develop at 5% CAGR over the forecast period. Increased application of hydrogen over fossil fuel for power generation aiming to reduce the amount of carbon emission, coupled with the surged application of hydrogen in refinery, chemical, and oil & gas industry, is anticipated to accelerate the demand for hydrogen generator market. Furthermore, the risk associated with transportation and related secured storage infrastructure matters lead to supply interruptions. Factors such as inequal prices in the global trade of hydrogen collectively with current awareness regarding continued hydrogen supply is anticipated to restrict the growth of the hydrogen generator market. Hydrogen generator is an equipment installed in order to create hydrogen. Technology for hydrogen generator varies with the choice of feedstock. An on-site hydrogen generator is attached directly in the designated application as per the unique requirement. A portable hydrogen generator is a hydrogenpowered unit that supplies temporary electric power. Several construction sites use portable hydrogen generators for offering power to electrical lights and tools at isolated sites. Hydrogen generators extend low-cost and reliable operations. Additionally, they ensure the safety concerns by eliminating hydrogen storage, routine hydrogen delivery, and cylinder handling. Hydrogen generator market in the North-America region is expected to grow the fastest during the forecast period. The increasing awareness of the benefits of clean fuel for transportation along with high demand in refueling stations for fuel cell electric vehicle (FCEV) and growing investments into hydrogen powered power generation so as to meet the rising demand for electricity in the region, have created a positive environment for the growth of hydrogen generator market.
Competitive Landscape The global hydrogen generator market is dominated by key players such as Air Products and Chemicals, Inc. (U.S), Air Liquide S.A. (France), LNI Swissgas SA (Switzerland), Epoch Energy Technology Corporation (Taiwan), Idroenergy S.R.L. (Italy), Hydrogenics-Corporation (Canada), McPhy Energy S.A. (France), Linde AG (Germany), Praxair, Inc. (U.S), and Proton OnSite (U.S).
Page |3
Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
Market Segmentation Market Research Future has conducted an exhaustive study on the global hydrogen generator market. In their reports the market has been segmented based on product, capacity, process, application, and region. Based on capacity, the market has been segmented into <100 Nm/h, 100-2000 Nm/h, and >2000 Nm/h. Based on product, the market has been segmented into onsite and portable. Based on region, the market has been segmented into North America, APAC, Europe, and the Rest of the World. Based on process, the market has been segmented into electrolysis and stream reformer. Based on application, the market has been segmented into fuel costs, petroleum recovery, refinery, and chemical processing.
Regional Analysis The reports published by Market Research Future reveals that the global hydrogen generator market is mostly dominated by regions like North America, Europe, Asia Pacific, Middle East and Africa, and the Rest of the World. North America represents a key market share owing to its increasing need for power supply to various ongoing and upcoming projects. Additionally, the increasing awareness prevailing within the region regarding the negative impact of carbon emissions, has driven the demand for hydrogen generator in the North America market. Besides, the stringent government regulations and increasing steps to curtail the usage of fossil fuels, is also playing a significant role in driving the hydrogen generator market. Being a developed economy, North America has been witnessing significant development in sectors such as refinery, chemical, and oil & gas. These prospering industries are also responsible for propelling the market to a considerable extent. Asia Pacific market is estimated to witness an increased demand for hydrogen generators due to the presence of promising economies such as China and India. The vast population in these countries coupled with the increasing per capita income, is likely to drive the market for hydrogen generators to a large extent. The expanding population is fueling the need for increased power supply which in turn is estimated to surge the demand for hydrogen generators. Moreover, the low cost and reliable operations collectively with ensured safety concerns make hydrogen generator a popular alternative for power supply.
Page |4
Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
Scope of the Report: This study provides an overview of the global hydrogen generator market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global hydrogen generator market by product, by process, by capacity, by application and by region.
Page |5
Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
owned company based in Norway that has developed a field-proven portfolio of completion systems and intervention tools.
Page |6
Copyright Š 2017 Market Research Future.