Hydrogen Generation Market by Delivery Mode, Application, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 172 SKU: IRTNTR43099

Hydrogen Generation Market Forecast 2023-2027

The hydrogen generation market size is forecast to increase by USD 47.84 billion and is estimated to grow at a CAGR of 5.58% between 2023 and 2027.  The report includes historic market data from 2017 to 2021. The market is witnessing a growing demand for the decline in fuel cell costs, advancements in carbon capture technologies, and government incentives for fuel cell vehicles (FCVs).

Hydrogen Generation Market Trend and Analysis

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Major Market Trends 

The primary trend in the market is the decrease in fuel cell prices, attributed to increased R&D investments. Various factors have contributed to cost reduction, such as decreased Pt loading on the anode, optimized bipolar plate formation, welding costs, and improved gas diffusion layers based on OEM feedback.

The declining production costs of fuel cell systems are enabling their widespread adoption in different sectors. As fuel cell applications increase, there will be a surge in demand for hydrogen gas, fostering the growth of the market size.

Largest-Growing Segments 

By Application Insights

Hydrogen plays a crucial role in the chemical industry as a primary supply for various processes. It is used in the synthesis of methanol and ammonia, vital in manufacturing fertilizers and polymers. Additionally, hydrogen is utilized in producing paints, synthetic fibers, nylon, and polyurethane elastomers. Ammonia, produced using hydrogen, is essential for urea-based fertilizers. With increasing investments in the agriculture sector, the fertilizer industry is expanding ammonia capacity, leading to significant growth in the global ammonia gas capacity. Moreover, hydrogen is used in methanol production, which is increasingly used as a direct or blended fuel. The rising demand for fertilizers and fuels is driving the market's growth, particularly in the chemical industry segment during the forecast period.

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Market Regional Analysis

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APAC is estimated to contribute 56% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The refinery industry in APAC is driven by the huge local demand for refined petroleum products such as gasoline and diesel. This demand is driven by countries that register a healthy GDP growth rate, majorly India and China. In line with several government regulations, oil and gas refineries need to reduce the sulfur content in diesel. For this, these refineries need to increase the level of hydrogen. In November 2022, Indian Oil Corporation Limited (IOCL), its subsidiary Chennai Petroleum Corporation Limited (CPCL), and other equity partners formed a joint venture to build the planned Nagapattinam refinery and petrochemicals project in the state of Tamil Nadu, India.  Such investments would have a long-term positive impact on the market and would also drive the growth of the market in focus during the forecast period.

Many end-user industries, such as chemicals, refining, electronics, and industrial manufacturing, which use hydrogen gas extensively, faced certain challenges following the outbreak of COVID-19.  The region is anticipated to witness high adoption of fuel cells during the forecast period. Such fuel cells, which use hydrogen as the key compound to generate power, are seen as a better alternative to lithium-ion batteries. This would, thus, increase the demand for hydrogen generation, and hence, it is expected that the regional market is likely to show significant growth during the second half of the forecast period.

Key Market Driver 

The growing demand for fertilizers is notably driving market growth. The demand for food is expected to double with the rise in population. To meet this growing demand, intensive farming, protective cropping methods, and the best fertilizer management practices will be required to increase agricultural production. 

For fertilizer management, nitrogen fertilizers will be used. Ammonia is one of the major components used in nitrogen fertilizers, with ammonium nitrate being the preferred form. With the rising global population, there will be a huge demand for agricultural products, leading to the requirement for better fertilization management systems. This will increase the demand for ammonia to manufacture these systems, thereby driving the growth of the market.

Significance Market Challenge

Competition from alternative technologies is the major challenge impeding market growth. Fuel cell technology is a highly competitive market. Many local and international companies in the market face stiff competition from alternative technologies, such as solar energy, batteries, and internal combustion engines (ICEs). These technologies have already been established, making it a challenge for fuel cells to gain wider acceptance. 

For instance, batteries are used as a backup power solution in a wide range of industrial, commercial, and residential applications. They are also extensively used in the transportation and telecom sectors. It has, therefore, limited the deployment of fuel cells to power light-duty vehicles for APUs and unmanned aerial vehicles (UAVs) in the defense sector as well as in commercial applications. With fuel cell technology still lagging behind other renewable technologies and the huge market that batteries have gained owing to their availability in different sizes and power ranges, it has become a challenge to establish a similar, competitive fuel cell-based business.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Major Hydrogen Generation Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

McPhy Energy SA - The company offers Augmented McLyzer. Under this segment, the company offers its research and development, engineering, and production solutions for the merchant market and renewable energy markets.

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Air Liquide SA
  • Air Products and Chemicals Inc.
  • Claind Srl
  • Cummins Inc.
  • FuelCell Energy Inc
  • Green Hydrogen Systems
  • Hiringa Energy Ltd.
  • Hyster Yale Materials Handling Inc.
  • ITM Power plc
  • Iwatani Corp.
  • Linde Plc
  • Mahler AGS GmbH
  • McPhy Energy SA
  • Messer SE and Co. KGaA
  • Nel ASA
  • Parker Hannifin Corp.
  • SHOWA DENKO K.K.
  • Teledyne Technologies Inc.
  • Xebec Adsorption Inc.
  • Mitsubishi Chemical Holdings Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Delivery Mode Outlook (USD Billion, 2017 - 2027)
    • Merchant
    • Captive
  • Application Outlook (USD Billion, 2017 - 2027)
    • Chemical industry
    • Refinery industry
    • Metal processing industry
    • Others
  • Region Outlook (USD Billion, 2017 - 2027)
    • APAC
      • China
      • India
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • North America
      • The U.S.
      • Canada
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina

Market Analyst Overview

The Market is a key component of the transition to Clean energy and the development of a Hydrogen economy. Electrolysis is a primary method for Hydrogen production, utilizing Electrolyzer technology to split water into hydrogen and oxygen.

Hydrogen storage and Infrastructure are crucial for enabling the widespread use of hydrogen as a Sustainable energy source. Power-to-gas technologies allow excess renewable energy to be converted into hydrogen, providing a means of Energy transition and Decarbonization. Various methods are used for Hydrogen generation, including steam reforming, biomass gasification, and electrolysis. Hydrogen transportation is also a focus area, with efforts to develop efficient and safe means of transporting hydrogen to end-users. As the world seeks Carbon-free energy solutions, the Market is expected to play a significant role in meeting energy needs while reducing carbon emissions.

Hydrogen Generation Market Scope

Report Coverage

Details

Page number

172

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.58%

Market growth 2023-2027

USD 47.84 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

5.1

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 56%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Air Liquide SA, Air Products and Chemicals Inc., Claind Srl, Cummins Inc., FuelCell Energy Inc, Green Hydrogen Systems, Hiringa Energy Ltd., Hyster Yale Materials Handling Inc., ITM Power plc, Iwatani Corp., Linde Plc, Mahler AGS GmbH, McPhy Energy SA, Messer SE and Co. KGaA, Nel ASA, Parker Hannifin Corp., SHOWA DENKO K.K., Teledyne Technologies Inc., Xebec Adsorption Inc., and Mitsubishi Chemical Holdings Corp.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Delivery Mode
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global hydrogen generation market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global hydrogen generation market 2017 - 2021 ($ billion)
    • 4.2 By Delivery mode Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – By Delivery mode Segment 2017 - 2021 ($ billion)
    • 4.3 By Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – By Application Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Delivery Mode

    • 6.1 Market segments
      • Exhibit 30: Chart on Delivery Mode - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Delivery Mode - Market share 2022-2027 (%)
    • 6.2 Comparison by Delivery Mode
      • Exhibit 32: Chart on Comparison by Delivery Mode
      • Exhibit 33: Data Table on Comparison by Delivery Mode
    • 6.3 Merchant - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Merchant - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Merchant - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Merchant - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Merchant - Year-over-year growth 2022-2027 (%)
    • 6.4 Captive - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Captive - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Captive - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Captive - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Captive - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Delivery Mode
      • Exhibit 42: Market opportunity by Delivery Mode ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 43: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 45: Chart on Comparison by Application
      • Exhibit 46: Data Table on Comparison by Application
    • 7.3 Chemical industry - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Chemical industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on Chemical industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on Chemical industry - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Chemical industry - Year-over-year growth 2022-2027 (%)
    • 7.4 Refinery industry - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Refinery industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Refinery industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Refinery industry - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Refinery industry - Year-over-year growth 2022-2027 (%)
    • 7.5 Metal processing industry - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Metal processing industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Metal processing industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Metal processing industry - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Metal processing industry - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Application
      • Exhibit 63: Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 105: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 106: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 107: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 Air Liquide SA
              • Exhibit 116: Air Liquide SA - Overview
              • Exhibit 117: Air Liquide SA - Business segments
              • Exhibit 118: Air Liquide SA - Key news
              • Exhibit 119: Air Liquide SA - Key offerings
              • Exhibit 120: Air Liquide SA - Segment focus
            • 12.4 Air Products and Chemicals Inc.
              • Exhibit 121: Air Products and Chemicals Inc. - Overview
              • Exhibit 122: Air Products and Chemicals Inc. - Business segments
              • Exhibit 123: Air Products and Chemicals Inc. - Key news
              • Exhibit 124: Air Products and Chemicals Inc. - Key offerings
              • Exhibit 125: Air Products and Chemicals Inc. - Segment focus
            • 12.5 Claind Srl
              • Exhibit 126: Claind Srl - Overview
              • Exhibit 127: Claind Srl - Product / Service
              • Exhibit 128: Claind Srl - Key offerings
            • 12.6 Cummins Inc.
              • Exhibit 129: Cummins Inc. - Overview
              • Exhibit 130: Cummins Inc. - Business segments
              • Exhibit 131: Cummins Inc. - Key offerings
              • Exhibit 132: Cummins Inc. - Segment focus
            • 12.7 ITM Power plc
              • Exhibit 133: ITM Power plc - Overview
              • Exhibit 134: ITM Power plc - Product / Service
              • Exhibit 135: ITM Power plc - Key offerings
            • 12.8 Iwatani Corp.
              • Exhibit 136: Iwatani Corp. - Overview
              • Exhibit 137: Iwatani Corp. - Business segments
              • Exhibit 138: Iwatani Corp. - Key offerings
              • Exhibit 139: Iwatani Corp. - Segment focus
            • 12.9 Linde Plc
              • Exhibit 140: Linde Plc - Overview
              • Exhibit 141: Linde Plc - Business segments
              • Exhibit 142: Linde Plc - Key news
              • Exhibit 143: Linde Plc - Key offerings
              • Exhibit 144: Linde Plc - Segment focus
            • 12.10 Mahler AGS GmbH
              • Exhibit 145: Mahler AGS GmbH - Overview
              • Exhibit 146: Mahler AGS GmbH - Product / Service
              • Exhibit 147: Mahler AGS GmbH - Key offerings
            • 12.11 McPhy Energy SA
              • Exhibit 148: McPhy Energy SA - Overview
              • Exhibit 149: McPhy Energy SA - Product / Service
              • Exhibit 150: McPhy Energy SA - Key offerings
            • 12.12 Messer SE and Co. KGaA
              • Exhibit 151: Messer SE and Co. KGaA - Overview
              • Exhibit 152: Messer SE and Co. KGaA - Product / Service
              • Exhibit 153: Messer SE and Co. KGaA - Key offerings
            • 12.13 Nel ASA
              • Exhibit 154: Nel ASA - Overview
              • Exhibit 155: Nel ASA - Business segments
              • Exhibit 156: Nel ASA - Key offerings
              • Exhibit 157: Nel ASA - Segment focus
            • 12.14 Parker Hannifin Corp.
              • Exhibit 158: Parker Hannifin Corp. - Overview
              • Exhibit 159: Parker Hannifin Corp. - Business segments
              • Exhibit 160: Parker Hannifin Corp. - Key news
              • Exhibit 161: Parker Hannifin Corp. - Key offerings
              • Exhibit 162: Parker Hannifin Corp. - Segment focus
            • 12.15 SHOWA DENKO K.K.
              • Exhibit 163: SHOWA DENKO K.K. - Overview
              • Exhibit 164: SHOWA DENKO K.K. - Business segments
              • Exhibit 165: SHOWA DENKO K.K. - Key news
              • Exhibit 166: SHOWA DENKO K.K. - Key offerings
              • Exhibit 167: SHOWA DENKO K.K. - Segment focus
            • 12.16 Teledyne Technologies Inc.
              • Exhibit 168: Teledyne Technologies Inc. - Overview
              • Exhibit 169: Teledyne Technologies Inc. - Business segments
              • Exhibit 170: Teledyne Technologies Inc. - Key offerings
              • Exhibit 171: Teledyne Technologies Inc. - Segment focus
            • 12.17 Xebec Adsorption Inc.
              • Exhibit 172: Xebec Adsorption Inc. - Overview
              • Exhibit 173: Xebec Adsorption Inc. - Business segments
              • Exhibit 174: Xebec Adsorption Inc. - Key news
              • Exhibit 175: Xebec Adsorption Inc. - Key offerings
              • Exhibit 176: Xebec Adsorption Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              hydrogen generation market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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