水素製造市場の規模、シェア、成長分析 : 2026-2034年までの予測
環境・エネルギー

水素製造市場の規模、シェア、成長分析 : 2026-2034年までの予測

Hydrogen Generation Market Size, Share & Industry Analysis

水素製造市場の規模・シェア・業界分析：タイプ別（オンサイト、可搬式）、技術別（水蒸気メタン改質、水電解、石油の部分酸化、石炭ガス化）、用途別（アンモニア製造、石油精製、メタノール製造、輸送、発電、その他）および地域別予測（2026年～2034年）

Hydrogen Generation Market Size, Share & Industry Analysis, By Type (On-site and Portable), By Technology (Steam Methane Reforming, Water Electrolysis, Partial Oil Oxidation, and Coal Gasification), By Application (Ammonia Production, Petroleum Refinery, Methanol Production, Transportation, Power Generation, and Others), and Regional Forecast, 2026-2034


出版 Fortune Business Insights
出版年月 2026年06月
ページ数 240
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　シングルユーザ USD 4,850
種別 英文調査報告書
商品番号 SMR-23479


SEMABIZ - otoiawase8

世界の水素製造市場の規模は2025年に1,863億7,000万米ドルと評価され、2026年の1,968億米ドルから2034年には2,797億1,000万米ドルへと成長し、2026年から2034年にかけて4.49%の年平均成長率（CAGR）を記録するとFortune Business Insightsでは予測されています。2025年時点では、アジア太平洋地域が市場シェア33.76%を占め、市場を主導しました。

市場規模と予測

  • 2025年市場規模：1,863億7,000万米ドル
  • 2026年市場規模：1,968億米ドル
  • 2034年市場規模予測：2,797億1,000万米ドル
  • CAGR（年平均成長率）：4.49%（2026年～2034年）

市場シェア

  • 2025年、アジア太平洋地域は33.76%のシェアを占め、水素製造市場を主導しました。
  • 2026年には、オンサイト水素製造セグメントが市場シェアの57.82%を占めると予測されています。
  • 2026年には、水蒸気メタン改質（SMR）セグメントが40.38%のシェアを占め、市場の4.49%という年平均成長率（CAGR）を支える見通しです。

技術別分析

エネルギー効率の向上が、水蒸気メタン改質分野の成長を後押しする見通し

技術別に見ると、本業界は主に水電解、石炭ガス化、水蒸気メタン改質、石油の部分酸化の各分野に分類されます。水蒸気メタン改質分野は、その高い生産性、低コストな操業、そして原料となる燃料の柔軟性により、市場の大きなシェアを占めると予測されています。同分野は2026年時点で40.38%の市場シェアを占め、市場を主導しました。さらに、自家用および商用輸送車両向けの自動車用燃料電池の需要拡大は、石油の部分酸化分野の成長を後押しすると見込まれます。

石炭ガス化技術は、豊富な石炭埋蔵量と、多くの国が主要燃料として石炭に大きく依存しているという背景に支えられています。一方、水電解分野は、技術的性能を維持しつつ排出ガスゼロで水素（H2）を製造できるという点から、着実な成長が見込まれており、大きな可能性を秘めています。

HYDROGEN GENERATION MARKET SIZE

The global hydrogen generation market size was valued at USD 186.37 billion in 2025 and is projected to grow from USD 196.8 billion in 2026 to USD 279.71 billion in 2034, exhibiting a CAGR of 4.49% from 2026 to 2034. Asia Pacific dominated the market with a market share of 33.76% in 2025.

Hydrogen or H2 is a flammable and odorless element abundantly present in nature in various forms. The chemical element is generally available in the atmosphere as a gas and can also be produced as a product or byproduct of various procedures. Besides, hydrogen is also widely used as a clean fuel for electricity generation and for powering vehicles.

H2 fuel is widely used in fuel cell devices due to its ability to curb harmful emissions and deliver water vapor and heat as the only outputs. Besides, different FC production companies such as Nuvera Fuel Cells, LLC, and Ballard Power Systems, among others, are continuously striving to introduce advanced systems with feasible integration in various applications. Furthermore, different methods such as steam methane reforming and electrolysis are adopted across the industry to generate H2 to serve the increasing requirements in numerous applications.

The abrupt outbreak of Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), or novel coronavirus, spreading from China to the whole world, has deteriorated the economic systems. Stringent government regulations, such as national & state lockdowns, restricted international traveling, and social distancing norms to contain the virus, negatively impacted the financial health of countries. The operations across the industrial facilities, manufacturing plants, and road transportation have been converted into standstill conditions to curb the human transmission of infection.

Consequently, the global hydrogen generation market has also been impacted by the pandemic due to the decreasing demand and cash deficit problems among small players and customers. However, numerous governments have unveiled their plans to utilize the low-carbon pollution conditions caused by the shutdown of industrial and transport sectors, augmenting the demand for clean fuel alternatives, such as hydrogen, in a post-COVID world.

For instance, in December 2020, the government of Japan introduced a new fund totaling over USD 19 billion as an additional COVID-19 stimulus package for the hydrogen industry. The financial assistance is likely to propel new green projects for the next ten years and aims at introducing H2-powered planes and cargo ships to commence the usage of hydrogen as a reliable power source.

HYDROGEN GENERATION MARKET TAKEAWAYS

Market Size & Forecast

  • 2025 Market Size: USD 186.37 billion
  • 2026 Market Size: USD 196.80 billion
  • 2034 Forecast Market Size: USD 279.71 billion
  • CAGR: 4.49% from 2026–2034

Market Share

  • Asia Pacific dominated the hydrogen generation market with a 33.76% share in 2025.
  • The on-site hydrogen generation segment is expected to account for 57.82% of the market share in 2026.
  • The Steam Methane Reforming segment is projected to hold a 40.38% share in 2026, supporting the market’s 4.49% CAGR.

MARKET TRENDS

Collaboration Activities Among Industry Players to Drive the Market Growth

Numerous participants functioning across various stages in the industry are focused on expanding their horizons and setting up new-generation industries. Besides, partnership agreements to produce green H2 fuel with zero-emission technologies are likely to pave the way for the global hydrogen generation market growth. For instance, in March 2021, Plug Power Inc. announced that it would join forces with different divisions of Brookfield Renewable Partners to construct a green hydrogen plant in Pennsylvania, U.S. The new facility is set to generate H2 with 100% renewable sources to support the decarbonization of logistics and transportation industries by producing about 15 metric tons of liquid hydrogen daily. The construction is projected to begin in the first quarter of 2022, and operations will start late in the same year.

Favorable Government Policies and Initiatives to Shape the Industry Trends

The governments of different emerging as well as developed countries have shown significant interest in achieving carbon neutrality. Additionally, the administrations have also updated their strategies to include clean energy sectors in their future prospects, fueling the expansion of the hydrogen generation industry. For instance, in March 2021, India and the U.S. governments decided to update their strategic energy partnership to include low-carbon technologies such as hydrogen and biofuels. The two nations have also agreed to boost the R&D activities with programs such as the Partnership to Advance Clean Energy Research for renewable energy.

GROWTH FACTORS

Vast Deployment of Hydrogen Fuel Cell Vehicles to Boost the Technology’s Demand

Rapidly increasing demand for fuel cell electric vehicles (FCEVs), such as passenger vehicles, buses, trucks, and other heavy-duty automobiles, is likely to increase the need for this market. FCEVs are installed with a fuel cell device, and they operate by utilizing hydrogen as a primary fuel, enabling harmful emissions-free operation. Additionally, colossal FCEV deployment targets from numerous governments have led to a significant increase in the number of FCEVs on roads. For example, in June 2020, the International Energy Agency (IEA) reported that South Korea aims to deploy about 81,000 FCEVs by 2022, along with 2.9 million vehicles by 2040.

Deployment of Strict Regulations by Government Bodies to Limit Greenhouse Gas Emissions to Fuel Market Growth

Global greenhouse gas emissions are growing on a daily basis owing to the expansion of industrial activities. As a result, climate change is seen in its worst conditions. Considering this, environmental change is going to be a huge problem in the coming years. To control such climate issues, several government bodies are trying to focus on renewable sources.

For instance, the National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA) have launched the Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule.

This regulation sets lower standards for GHG emissions and Corporate Average Fuel Economy (CAFE) for vehicles formed between 2021 and 2026 in the U.S. The new regulation will constrain CAFE and carbon dioxide (CO2) emissions criteria until 2026. Implementation of such acts by the government will create new opportunities in the market for hydrogen as a fuel. It will help the hydrogen generation market to grow in the forecast years.

RESTRAINING FACTORS

Substantial Production Costs coupled with High Energy-Consuming Generation Technologies

H2 fuel is commercially produced through different technologies requiring significant capital to set up and operate the plants, hindering the global market pace. Also, high energy consumption to produce hydrogen using processes like water electrolysis is very costly, as it needs additional electricity to break water molecules into hydrogen and oxygen.

HYDROGEN GENERATION MARKET SEGMENTATION ANALYSIS

By Type Analysis

The on-Site Segment is backed by its Cost-Effective Nature and Operational Benefits.

Based on type, the market can be primarily bifurcated into portable and on-site. The on-site hydrogen generation segment led the market accounting for 57.82% market share in 2026, owing to its economical installations coupled with safe and efficient operations. Additionally, the portable type is also anticipated to observe substantial growth over the forecast period due to the growing placement of FCEVs with various power rating fuel cells.

By Technology Analysis

Higher Energy Efficiency to Favor the Steam Methane Reforming Segment Growth

Based on technology, this industry can be majorly segregated into water electrolysis, coal gasification, steam methane reforming, and partial oil oxidation. The steam methane reforming segment is projected to account for a significant portion owing to its better output, low-cost operations, and input fuel flexibility. The Steam Methane Reforming segment dominated the market accounting for 40.38% market share in 2026. Furthermore, the growing demand for automotive fuel cells to power private and commercial transportation fleets is likely to favor the partial oil oxidation segment growth.

Coal gasification technology is backed by the abundant availability of different coal reserves and the substantial dependence of various nations on coal as a primary fuel. Subsequently, the water electrolysis segment is expected to grow at a steady rate due to its ability to produce H2 with zero emissions while maintaining the technical performance, presenting a huge potential.

By Application Analysis

Based on application, the global market for hydrogen generation is divided into petroleum refinery, ammonia production, transportation, methanol production, power generation segment, and others. Ammonia production application is likely to lead the market size due to the capabilities to utilize different technologies, growing technical expertise, and synthesizing ammonia in large volumes. The Ammonia Production segment will account for 39.08% market share in 2026.

Additionally, the petroleum refinery application is also projected to observe significant growth due to the continuous requirement of H2 to desulfurize the diesel fuel and comply with stringent regulations. Continuous deployment of fuel cell vehicles and the setup of new hydrogen refueling stations to provide customers with readily available fuel are set to propel the transportation segment.

REGIONAL INSIGHTS

Asia Pacific

The market has been analyzed geographically across five key regions: Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America.

Asia Pacific accounted for USD 62.81 billion in 2025, representing 33.76% of the global market share, and is expected to reach USD 66.36 billion in 2026. The Asia Pacific market was accounted as the leading region and is projected to dominate the market during the forecast period. Favorable government policies, huge fuel cell vehicle targets, rising energy demand, and growing investments in hydrogen refueling infrastructure are some of the key factors propelling the regional outlook. For instance, in March 2019, the Ministry of Economy, Trade, and Industry (METI) updated the national hydrogen strategy to place 200,000 FCEV units by 2025 and 800,000 units by 2030. The Japan market is valued at USD 12.02 billion by 2026, the China market is valued at USD 24.53 billion by 2026, and the India market is valued at USD 9.67 billion by 2026.

North America

The North America market generated USD 49.56 billion in 2025, representing 26.64% of the global market landscape, and is expected to reach USD 52.31 billion in 2026. The growing focus of various organizations to change primary energy generation to cleaner fuels to stimulate the North American market size. Furthermore, dedicated research & development programs by the regional authorities to support the hydrogen-based activities and applications. For instance, the Hydrogen and Fuel Cell Technologies Office, under the U.S. Department of Energy (DoE), has launched the Hydrogen Program to support the H2 production, infrastructure, delivery, storage, and other uses across different sectors, including stationary, industrial, and transportation. The U.S. market is valued at USD 37.21 billion by 2026.

Europe

Europe contributed 22.12% to the global market in 2025, with a valuation of USD 41.16 billion, and is expected to reach USD 43.64 billion in 2026. Additionally, the nations across Europe invest heavily to boost their hydrogen production capacities and abide by the stringent carbon emission reduction targets, propelling the regional landscape. Europe has observed considerable adoption of hydrogen-powered vehicles, the rise in energy demand, and a boost in hydrogen infrastructure development. For instance, in September 2020, the government of France unveiled its national hydrogen strategy targeting to augment the hydrogen generating capacity of 6.5 GW and create an investment of about EUR 7.2 billion by 2030. The UK market is valued at USD 9.93 billion by 2026, while the Germany market is valued at USD 8 billion by 2026.

Middle East & Africa

In 2025, Middle East & Africa held 10.73% of the global market, reaching a valuation of USD 19.97 billion, and is projected to grow to USD 21.18 billion in 2026.

Latin America

Latin America contributed approximately USD 12.54 billion to the global market in 2025, accounting for 6.74% share, and is expected to reach USD 13.34 billion in 2026.

LIST OF KEY COMPANIES IN HYDROGEN GENERATION

Air Liquide is Concentrating on Exploring New Ventures to Boost its Capabilities

The competitive landscape across the global hydrogen generator market includes various participants operating at various stages in the supply chain at different levels. The market players are also significantly emphasizing the advancement in the generation capacity while improving efficiency and quality. Additionally, the companies are also focused on initiating partnership contracts to augment the production capacities and develop low-carbon generation technologies.

Air Liquide, a France-based industrial gas producer and supplier, is also focusing on fortifying its H2 generation capabilities to serve the decarbonization programs for energy uses. For instance, in February 2021, the company announced a Memorandum of Understanding (MoU) with Siemens Energy to set up a large-scale electrolyzer production unit and R&D facility for advanced electrolyzer technologies. The collaboration aims to construct an industrial-scale electrolyzer facility with a 200 MW capacity to support sustainable hydrogen generation in Normandy, France.

LIST OF KEY COMPANIES PROFILED:

  • Air Liquide (France)
  • Iwatani Corporation (Japan)
  • Hydrogenics (Canada)
  • Messer Group (Germany)
  • Showa Denko K.K. (Japan)
  • Linde (UK)
  • Epoch Energy Technology Corporation (Taiwan)
  • Idroenergy Spa (Italy)
  • Praxair, Inc. (U.S.)
  • Air Products (U.S.)
  • McPhy (France)
  • LNI Swissgas (Switzerland)
  • Airgas (U.S.)
  • Parker Hannifin (U.S.)
  • FuelCell Energy (U.S.)

KEY INDUSTRY DEVELOPMENTS:

  • April 2024 – A Gujarat state govt committee has, in principle, permitted allotting 63,000 hectares for making green hydrogen from wind, solar, and wind-solar hybrid energy sources. These site parcels are located in Banaskantha, Kutch, and Patan districts.
  • April 2024- Accelera by Cummins, the energy technology company, will deliver Chevron New Energies with a 5-MW electrolyzer technology system for the production of low-carbon intensity (LCI) electrolytic hydrogen at its capacity plant in Lost Hills, CA.
  • March 2024 – GAIL Ltd. (India), a state-run natural gas company, plans to contract its first green hydrogen project in central India in 2024. Moreover, the 10MW  proton exchange membrane electrolyzer, for the production of green hydrogen, has been imported to the Vijaipur complex in Madhya Pradesh from Canada.
  • February 2021 – China Petroleum & Chemical Corporation (Sinopec) unveiled its strategy to construct around 1,000 hydrogen fueling stations over the next five years. The new infrastructure is set to boost the hydrogen generation output and propel clean energy across the nation.
  • December 2020 – Seven key companies, namely Envision, Snam, ACWA Power, Iberdrola, CWP Renewables, Yara, and Ørsted, initiated a new global alliance called “Green Hydrogen Catapult” to increase the green H2 output by 50-fold. The coalition aims to install 25 GW of hydrogen production from renewable sources and simultaneously reduce the production cost to lower than USD 2 per kilogram by 2026.

REPORT COVERAGE

The global hydrogen generation market report presents a comprehensive assessment of the global market by offering valuable insights, facts, industry-related information, and historical data. Several methodologies and approaches are adopted after analyzing annual reports, presentations, press releases, and other technical studies by key companies and organizations to make meaningful assumptions and views. Furthermore, the market research report offers a detailed industry analysis and information as per segments, helping our readers to get a comprehensive overview of the global market.

REPORT SCOPE & SEGMENTATION

ATTRIBUTE DETAILS

Study Period 2021-2034
Base Year 2025
Estimated Year 2026
Forecast Period 2026-2034
Historical Period 2021-2024
Growth Rate CAGR of 4.49% from 2026 to 2034
Unit Value (USD Billion)

Segmentation By Type
• On-site
• Portable

By Technology
• Steam Methane Reforming
• Water Electrolysis
• Partial Oil Oxidation
• Coal Gasification

By Application
• Ammonia Production
• Petroleum Refinery
• Methanol Production
• Transportation
• Power Generation
• Others

By Geography
• North America
o By Type
o By Technology
o By Application
o By Country
– U.S
– Canada
• Europe
o By Type
o By Technology
o By Application
o By Country
– UK
– Germany
– France
– Italy
– Spain
– Russia
– Rest of Europe
• Asia Pacific
o By Type
o By Technology
o By Application
o By Country
– China
– India
– Japan
– Australia
– Southeast Asia
– Rest of Asia Pacific
• Latin America
o By Type
o By Technology
o By Application
o By Country
– Brazil
– Mexico
– Rest of Latin America
• Middle East & Africa
o By Type
o By Technology
o By Application
o By Country
– GCC
– South Africa
– Rest of the Middle East & Africa

Table of Contents

  1. Introduction
    1. Research Scope
    2. Market Segmentation
    3. Research Methodology
    4. Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. Key Insights
    1. Key Emerging Trends – For Major Countries
    2. Latest Technological Advancement
    3. Regulatory Landscape
    4. Industry SWOT Analysis
    5. Porters Five Forces Analysis
    6. Impact of COVID-19 on the Hydrogen Generation Market
  5. Global Hydrogen Generation Market Analysis (USD Billion), Insights and Forecast, 2021-2034
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. On-site
      2. Portable
    3. Market Analysis, Insights and Forecast – By Technology
      1. Steam Methane Reforming
      2. Water Electrolysis
      3. Partial Oil Oxidation
      4. Coal Gasification
    4. Market Analysis, Insights and Forecast – By Application
      1. Ammonia Production
      2. Petroleum Refinery
      3. Methanol Production
      4. Transportation
      5. Power Generation
      6. Others
    5. Market Analysis, Insights and Forecast – By Region
      1. North America
      2. Latin America
      3. Europe
      4. Asia Pacific
      5. Middle East and Africa
  6. North America Hydrogen Generation Market Analysis (USD Billion), Insights and Forecast, 2021-2034
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. On-site
      2. Portable
    3. Market Analysis, Insights and Forecast – By Technology
      1. Steam Methane Reforming
      2. Water Electrolysis
      3. Partial Oil Oxidation
      4. Coal Gasification
    4. Market Analysis, Insights and Forecast – By Application
      1. Ammonia Production
      2. Petroleum Refinery
      3. Methanol Production
      4. Transportation
      5. Power Generation
      6. Others
    5. Market Analysis, Insights and Forecast – By Country
      1. U.S.
      2. Canada
  7. Europe Hydrogen Generation Market Analysis (USD Billion), Insights and Forecast, 2021-2034
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. On-site
      2. Portable
    3. Market Analysis, Insights and Forecast – By Technology
      1. Steam Methane Reforming
      2. Water Electrolysis
      3. Partial Oil Oxidation
      4. Coal Gasification
    4. Market Analysis, Insights and Forecast – By Application
      1. Ammonia Production
      2. Petroleum Refinery
      3. Methanol Production
      4. Transportation
      5. Power Generation
      6. Others
    5. Market Analysis, Insights and Forecast – By Country
      1. UK
      2. Germany
      3. France
      4. Italy
      5. Spain
      6. Russia
      7. Rest of Europe
  8. Asia Pacific Hydrogen Generation Market Analysis (USD Billion), Insights and Forecast, 2021-2034
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. On-site
      2. Portable
    3. Market Analysis, Insights and Forecast – By Technology
      1. Steam Methane Reforming
      2. Water Electrolysis
      3. Partial Oil Oxidation
      4. Coal Gasification
    4. Market Analysis, Insights and Forecast – By Application
      1. Ammonia Production
      2. Petroleum Refinery
      3. Methanol Production
      4. Transportation
      5. Power Generation
      6. Others
    5. Market Analysis, Insights and Forecast – By Country
      1. China
      2. India
      3. Japan
      4. Australia
      5. Southeast Asia
      6. Rest of Asia Pacific
  9. Latin America Hydrogen Generation Market Analysis (USD Billion), Insights and Forecast, 2021-2034
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. On-site
      2. Portable
    3. Market Analysis, Insights and Forecast – By Technology
      1. Steam Methane Reforming
      2. Water Electrolysis
      3. Partial Oil Oxidation
      4. Coal Gasification
    4. Market Analysis, Insights and Forecast – By Application
      1. Ammonia Production
      2. Petroleum Refinery
      3. Methanol Production
      4. Transportation
      5. Power Generation
      6. Others
    5. Market Analysis, Insights and Forecast – By Country
      1. Brazil
      2. Mexico
      3. Rest of Latin America
  10. Middle East & Africa Hydrogen Generation Market Analysis (USD Billion), Insights and Forecast, 2021-2034
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. On-site
      2. Portable
    3. Market Analysis, Insights and Forecast – By Technology
      1. Steam Methane Reforming
      2. Water Electrolysis
      3. Partial Oil Oxidation
      4. Coal Gasification
    4. Market Analysis, Insights and Forecast – By Application
      1. Ammonia Production
      2. Petroleum Refinery
      3. Methanol Production
      4. Transportation
      5. Power Generation
      6. Others
    5. Market Analysis, Insights and Forecast – By Country
      1. GCC
      2. South Africa
      3. Rest of Middle East & Africa
  11. Competitive Analysis
    1. Company Market Share Analysis, 2025
    2. Company Profile
      1. Air Liquide
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      2. Air Products
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      3. Iwatani Corporation
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      4. Hydrogenics
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      5. Linde
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      6. Praxair, Inc
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      7. Messer Group
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      8. Showa Denko K.K.
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      9. Epoch Energy Technology Corporation
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      10. Idroenergy Spa
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      11. McPhy
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      12. LNI Swissgas
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      13. Airgas
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      14. Parker Hannifin
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development
      15. FuelCell Energy
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Geographic Presence
        5. Recent Development

List of Tables

Table 1: Global Hydrogen Generation Market Revenue (USD Billion) Forecast, By Type, 2021-2034

Table 2: Global Hydrogen Generation Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 3: Global Hydrogen Generation Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 4: Global Hydrogen Generation Market Revenue (USD Billion) Forecast, by Region, 2021-2034

Table 5: North America Hydrogen Generation Market Revenue (USD Billion) Forecast, By Type, 2021-2034

Table 6: North America Hydrogen Generation Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 7: North America Hydrogen Generation Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 8: North America Hydrogen Generation Market Revenue (USD Billion) Forecast, by Country, 2021-2034

Table 9: Europe Hydrogen Generation Market Revenue (USD Billion) Forecast, By Type, 2021-2034

Table 10: Europe Hydrogen Generation Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 11: Europe Hydrogen Generation Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 12: Europe Hydrogen Generation Market Revenue (USD Billion) Forecast, by Country, 2021-2034

Table 13: Asia Pacific Hydrogen Generation Market Revenue (USD Billion) Forecast, By Type, 2021-2034

Table 14: Asia Pacific Hydrogen Generation Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 15: Asia Pacific Hydrogen Generation Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 16: Asia Pacific Hydrogen Generation Market Revenue (USD Billion) Forecast, by Country, 2021-2034

Table 17: Latin America Hydrogen Generation Market Revenue (USD Billion) Forecast, By Type, 2021-2034

Table 18: Latin America Hydrogen Generation Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 19: Latin America Hydrogen Generation Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 20: Latin America Hydrogen Generation Market Revenue (USD Billion) Forecast, by Country, 2021-2034

Table 21: Middle east & Africa Hydrogen Generation Market Revenue (USD Billion) Forecast, By Type, 2021-2034

Table 22: Middle East & Africa Hydrogen Generation Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 23: Middle East & Africa Hydrogen Generation Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 24: Middle East & Africa Hydrogen Generation Market Revenue (USD Billion) Forecast, by Country, 2021-2034

List of Figures

Figure 1: Global Hydrogen Generation Market Revenue Breakdown (USD Billion, %), By Region, 2025 & 2034

Figure 2: Global Hydrogen Generation Market Value Share (%), By Type, 2025 & 2034

Figure 3: Global Hydrogen Generation Market Forecast (USD Billion), by On-site, 2021-2034

Figure 4: Global Hydrogen Generation Market Forecast (USD Billion), by Portable, 2021-2034

Figure 5: Global Hydrogen Generation Market Value Share (%), By Technology, 2025 & 2034

Figure 6: Global Hydrogen Generation Market Forecast (USD Billion), by Steam Methane Reforming, 2021-2034

Figure 7: Global Hydrogen Generation Market Forecast (USD Billion), by Water Electrolysis, 2021-2034

Figure 8: Global Hydrogen Generation Market Forecast (USD Billion), by Partial Oil Oxidation, 2021-2034

Figure 9: Global Hydrogen Generation Market Forecast (USD Billion), by Coal Gasification, 2021-2034

Figure 10: Global Hydrogen Generation Market Value Share (%), By Application, 2025 & 2034

Figure 11: Global Hydrogen Generation Market Forecast (USD Billion), by Ammonia Production, 2021-2034

Figure 12: Global Hydrogen Generation Market Forecast (USD Billion), by Petroleum Refinery, 2021-2034

Figure 13: Global Hydrogen Generation Market Forecast (USD Billion), by Methanol Production, 2021-2034

Figure 14: Global Hydrogen Generation Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 15: Global Hydrogen Generation Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 16: Global Hydrogen Generation Market Forecast (USD Billion), by Others, 2021-2034

Figure 17: Global Hydrogen Generation Market Value Share (%), By Region, 2025 & 2034

Figure 18: North America Hydrogen Generation Market Value Share (%), By Type, 2025 & 2034

Figure 19: North America Hydrogen Generation Market Forecast (USD Billion), by On-site, 2021-2034

Figure 20: North America Hydrogen Generation Market Forecast (USD Billion), by Portable, 2021-2034

Figure 21: North America Hydrogen Generation Market Value Share (%), By Technology, 2025 & 2034

Figure 22: North America Hydrogen Generation Market Forecast (USD Billion), by Steam Methane Reforming, 2021-2034

Figure 23: North America Hydrogen Generation Market Forecast (USD Billion), by Water Electrolysis, 2021-2034

Figure 24: North America Hydrogen Generation Market Forecast (USD Billion), by Partial Oil Oxidation, 2021-2034

Figure 25: North America Hydrogen Generation Market Forecast (USD Billion), by Coal Gasification, 2021-2034

Figure 26: North America Hydrogen Generation Market Value Share (%), By Application, 2025 & 2034

Figure 27: North America Hydrogen Generation Market Forecast (USD Billion), by Ammonia Production, 2021-2034

Figure 28: North America Hydrogen Generation Market Forecast (USD Billion), by Petroleum Refinery, 2021-2034

Figure 29: North America Hydrogen Generation Market Forecast (USD Billion), by Methanol Production, 2021-2034

Figure 30: North America Hydrogen Generation Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 31: North America Hydrogen Generation Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 32: North America Hydrogen Generation Market Forecast (USD Billion), by Others, 2021-2034

Figure 33: North America Hydrogen Generation Market Forecast (USD Billion), by U.S., 2021-2034

Figure 34: North America Hydrogen Generation Market Forecast (USD Billion), by Canada, 2021-2034

Figure 35: Europe Hydrogen Generation Market Value Share (%), By Type, 2025 & 2034

Figure 36: Europe Hydrogen Generation Market Forecast (USD Billion), by On-site, 2021-2034

Figure 37: Europe Hydrogen Generation Market Forecast (USD Billion), by Portable, 2021-2034

Figure 38: Europe Hydrogen Generation Market Value Share (%), By Technology, 2025 & 2034

Figure 39: Europe Hydrogen Generation Market Forecast (USD Billion), by Steam Methane Reforming, 2021-2034

Figure 40: Europe Hydrogen Generation Market Forecast (USD Billion), by Water Electrolysis, 2021-2034

Figure 41: Europe Hydrogen Generation Market Forecast (USD Billion), by Partial Oil Oxidation, 2021-2034

Figure 42: Europe Hydrogen Generation Market Forecast (USD Billion), by Coal Gasification, 2021-2034

Figure 43: Europe Hydrogen Generation Market Value Share (%), By Application, 2025 & 2034

Figure 44: Europe Hydrogen Generation Market Forecast (USD Billion), by Ammonia Production, 2021-2034

Figure 45: Europe Hydrogen Generation Market Forecast (USD Billion), by Petroleum Refinery, 2021-2034

Figure 46: Europe Hydrogen Generation Market Forecast (USD Billion), by Methanol Production, 2021-2034

Figure 47: Europe Hydrogen Generation Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 48: Europe Hydrogen Generation Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 49: Europe Hydrogen Generation Market Forecast (USD Billion), by Others, 2021-2034

Figure 50: Europe Hydrogen Generation Market Forecast (USD Billion), by UK, 2021-2034

Figure 51: Europe Hydrogen Generation Market Forecast (USD Billion), by Germany, 2021-2034

Figure 52: Europe Hydrogen Generation Market Forecast (USD Billion), by France, 2021-2034

Figure 53: Europe Hydrogen Generation Market Forecast (USD Billion), by Italy, 2021-2034

Figure 54: Europe Hydrogen Generation Market Forecast (USD Billion), by Spain, 2021-2034

Figure 55: Europe Hydrogen Generation Market Forecast (USD Billion), by Russia, 2021-2034

Figure 56: Europe Hydrogen Generation Market Forecast (USD Billion), by Rest of Europe, 2021-2034

Figure 57: Asia Pacific Hydrogen Generation Market Value Share (%), By Type, 2025 & 2034

Figure 58: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by On-site, 2021-2034

Figure 59: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Portable, 2021-2034

Figure 60: Asia Pacific Hydrogen Generation Market Value Share (%), By Technology, 2025 & 2034

Figure 61: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Steam Methane Reforming, 2021-2034

Figure 62: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Water Electrolysis, 2021-2034

Figure 63: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Partial Oil Oxidation, 2021-2034

Figure 64: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Coal Gasification, 2021-2034

Figure 65: Asia Pacific Hydrogen Generation Market Value Share (%), By Application, 2025 & 2034

Figure 66: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Ammonia Production, 2021-2034

Figure 67: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Petroleum Refinery, 2021-2034

Figure 68: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Methanol Production, 2021-2034

Figure 69: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 70: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 71: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Others, 2021-2034

Figure 72: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by China, 2021-2034

Figure 73: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by India, 2021-2034

Figure 74: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Japan, 2021-2034

Figure 75: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Australia, 2021-2034

Figure 76: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Southeast Asia, 2021-2034

Figure 77: Asia Pacific Hydrogen Generation Market Forecast (USD Billion), by Rest of Asia Pacific, 2021-2034

Figure 78: Latin America Hydrogen Generation Market Value Share (%), By Type, 2025 & 2034

Figure 79: Latin America Hydrogen Generation Market Forecast (USD Billion), by On-site, 2021-2034

Figure 80: Latin America Hydrogen Generation Market Forecast (USD Billion), by Portable, 2021-2034

Figure 81: Latin America Hydrogen Generation Market Value Share (%), By Technology, 2025 & 2034

Figure 82: Latin America Hydrogen Generation Market Forecast (USD Billion), by Steam Methane Reforming, 2021-2034

Figure 83: Latin America Hydrogen Generation Market Forecast (USD Billion), by Water Electrolysis, 2021-2034

Figure 84: Latin America Hydrogen Generation Market Forecast (USD Billion), by Partial Oil Oxidation, 2021-2034

Figure 85: Latin America Hydrogen Generation Market Forecast (USD Billion), by Coal Gasification, 2021-2034

Figure 86: Latin America Hydrogen Generation Market Value Share (%), By Application, 2025 & 2034

Figure 87: Latin America Hydrogen Generation Market Forecast (USD Billion), by Ammonia Production, 2021-2034

Figure 88: Latin America Hydrogen Generation Market Forecast (USD Billion), by Petroleum Refinery, 2021-2034

Figure 89: Latin America Hydrogen Generation Market Forecast (USD Billion), by Methanol Production, 2021-2034

Figure 90: Latin America Hydrogen Generation Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 91: Latin America Hydrogen Generation Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 92: Latin America Hydrogen Generation Market Forecast (USD Billion), by Others, 2021-2034

Figure 93: Latin America Hydrogen Generation Market Forecast (USD Billion), by Brazil, 2021-2034

Figure 94: Latin America Hydrogen Generation Market Forecast (USD Billion), by Mexico, 2021-2034

Figure 95: Latin America Hydrogen Generation Market Forecast (USD Billion), by Rest of Latin America, 2021-2034

Figure 96: Middle East & Africa Hydrogen Generation Market Value Share (%), By Type, 2025 & 2034

Figure 97: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by On-site, 2021-2034

Figure 98: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Portable, 2021-2034

Figure 99: Middle East & Africa Hydrogen Generation Market Value Share (%), By Technology, 2025 & 2034

Figure 100: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Steam Methane Reforming, 2021-2034

Figure 101: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Water Electrolysis, 2021-2034

Figure 102: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Partial Oil Oxidation, 2021-2034

Figure 103: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Coal Gasification, 2021-2034

Figure 104: Middle East & Africa Hydrogen Generation Market Value Share (%), By Application, 2025 & 2034

Figure 105: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Ammonia Production, 2021-2034

Figure 106: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Petroleum Refinery, 2021-2034

Figure 107: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Methanol Production, 2021-2034

Figure 108: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 109: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 110: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Others, 2021-2034

Figure 111: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by GCC, 2021-2034

Figure 112: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by South Africa, 2021-2034

Figure 113: Middle East & Africa Hydrogen Generation Market Forecast (USD Billion), by Rest of Middle East & Africa, 2021-2034

Figure 114: Company Market Share Analysis, 2025

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