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Hydrogen Generator Market – Global Industry Analysis, Size, Share, Growth Analysis, Trends and Forecast 2018 – 2023

Global Hydrogen Generator Market Report by Product (On-Site and Portable), by Process (Steam Reformer and Electrolysis), by Capacity (2,000 Nm3/h), by Application (Chemical Processing, Petroleum Recovery, Fuel Cells and Refinery) and by Region - Global Forecast to 2023
Published 12 March 2018
Market Highlights
A hydrogen generator is a unit installed in order to produce hydrogen. The need for uninterrupted power supply is growing because of the worldwide rise in population and rapid industrialization. Power outages can severely affect productivity and the daily lives of people. Also there is rise in adoption of cleaner fuel sources, excess depletion of fossil fuels and stringent regulatory norms to minimize carbon emissions. These factors are driving the market for hydrogen generator, which acts as reliable source for hydrogen in oil & gas sector, refineries, and the chemical industry and along with having economic operations and less carbon emission.
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.
Hydrogen Generator Market is expected to grow with the CAGR of approximately 5% from 2017 to 2023
Key Players:
The major players operating in the market of global solar inverter are ABB Ltd (Switzerland), SMA Solar Technology AG (Germany), Canadian Solar Inc. (Canada), SolarEdge Technologies Inc. (Israel), SunPower Corporation (U.S.), Delta Electronics, Inc. (Taiwan), Solectria Renewables, LLC (U.S.), Sineng Electric Co., Ltd. (China), Hitachi Hi-Rel Power Electronics Pvt. Ltd (India), and Power electronics (Spain).
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Chemical Processing Segment is expected to hold the largest share in the hydrogen generator market from 2017-2023
The major  growth driver for the chemical processing segment market for hydrogen generator during the forecast period is the increasing hydrogen demand for chemical processing as chemical processing uses hydrogen to process ammonia, methanol, and other chemicals. Also the demand for more hydrogen in order to subordinate the sulfur content of diesel in line with strict government regulations to diminish sulfur content, would add to the growth.
Global Hydrogen Generator Market:
The hydrogen generator market is driven by the need for reliable power supply at low operating and fuel costs. The improving global economy, strong policy support within developing markets, electricity charges trending upwards, the increasing fuel cell demand for automotive, residential & commercial use, owing to its eco-friendly characteristics, will initiate the growth of hydrogen generator market.
Table Of Contents
1    Executive Summary
2        Research Methodology
    2.1   Scope Of The Study
    2.1.1     Definition
    2.1.2     Research Objective
    2.1.3     Assumptions
    2.1.4     Limitations
    2.2   Research Process
    2.2.1     Primary Research
    2.2.2     Secondary Research
    2.3   Market Size Estimation
    2.4   Forecast Model
3    Market Dynamics
    3.1   Market Drivers
    3.2   Market Inhibitors
    3.3   Supply/Value Chain Analysis 
    3.4   Porter’s Five Forces Analysis

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4     Global Hydrogen Generator Market, By Product 
    4.1 Introduction
    4.2  On-Site
        4.3 Portable

5     Global Hydrogen Generator Market, By Process
    5.1   Introduction
    5.2   Steam Reformer
    5.3   Electrolysis

6     Global Hydrogen Generator Market, By Capacity
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