Global Hydrogen Power Generator Market 2024-2028

Description

List of Tables

The hydrogen power generator market is forecasted to grow by USD 498.23 mn during 2023-2028, accelerating at a CAGR of 15.54% during the forecast period. The report on the hydrogen power generator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing emphasis on reducing carbon emissions and environmental pollution, growing instances of power grid failure, and inability of power infrastructure to keep pace with rising levels of urbanization and industrialization.

Technavio's hydrogen power generator market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	14.66%
CAGR	15.54%
Incremental Value	$498.23mn

By End-user

Commercial
Industrial
Residential

By Type

Stationary
Portable

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the increasing product launch initiatives as one of the prime reasons driving the hydrogen power generator market growth during the next few years. Also, emergence of dual-fuel generator technology in hydrogen power generators and favorable government regulations for hydrogen power generators will lead to sizable demand in the market.

The report on the hydrogen power generator market covers the following areas:

Hydrogen power generator market sizing
Hydrogen power generator market forecast
Hydrogen power generator market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydrogen power generator market vendors that include AFC Energy PLC, ALSTOM SA, Ballard Power Systems Inc., Battery Backup Power Inc., Belgische Scheepvaartmaatschappij Compagnie Maritime Belge N.V. , Denyo Co. Ltd., Energy Observer, GAUSSIN SA, GeoPura Ltd., H2SYS, H2X Global Limited, Hitachi Energy Ltd., Hyster Yale Materials Handling Inc., Linde Plc, Panasonic Holdings Corp., Plug Power Inc., Renewable Innovations Inc., SFC Energy AG, Taylor Construction Plant Ltd, and Ultrananotech Pvt. Ltd.. Also, the hydrogen power generator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77497

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 Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
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 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global hydrogen power generator market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global hydrogen power generator market 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Commercial - Market size and forecast 2023-2028
Exhibit 34: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.4 Industrial - Market size and forecast 2023-2028
Exhibit 38: Chart on Industrial - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Industrial - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
6.5 Residential - Market size and forecast 2023-2028
Exhibit 42: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by End-user
Exhibit 46: Market opportunity by End-user ($ million)
Exhibit 47: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 48: Chart on Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Stationary - Market size and forecast 2023-2028
Exhibit 52: Chart on Stationary - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Stationary - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Stationary - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Stationary - Year-over-year growth 2023-2028 (%)
7.4 Portable - Market size and forecast 2023-2028
Exhibit 56: Chart on Portable - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Portable - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Portable - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Portable - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 60: Market opportunity by Type ($ million)
Exhibit 61: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ million)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 AFC Energy PLC
Exhibit 115: AFC Energy PLC - Overview
Exhibit 116: AFC Energy PLC - Product / Service
Exhibit 117: AFC Energy PLC - Key news
Exhibit 118: AFC Energy PLC - Key offerings
12.4 ALSTOM SA
Exhibit 119: ALSTOM SA - Overview
Exhibit 120: ALSTOM SA - Business segments
Exhibit 121: ALSTOM SA - Key offerings
Exhibit 122: ALSTOM SA - Segment focus
12.5 Ballard Power Systems Inc.
Exhibit 123: Ballard Power Systems Inc. - Overview
Exhibit 124: Ballard Power Systems Inc. - Product / Service
Exhibit 125: Ballard Power Systems Inc. - Key news
Exhibit 126: Ballard Power Systems Inc. - Key offerings
12.6 Battery Backup Power Inc.
Exhibit 127: Battery Backup Power Inc. - Overview
Exhibit 128: Battery Backup Power Inc. - Product / Service
Exhibit 129: Battery Backup Power Inc. - Key offerings
12.7 Belgische Scheepvaartmaatschappij Compagnie Maritime Belge N.V.
Exhibit 130: Belgische Scheepvaartmaatschappij Compagnie Maritime Belge N.V. - Overview
Exhibit 131: Belgische Scheepvaartmaatschappij Compagnie Maritime Belge N.V. - Product / Service
Exhibit 132: Belgische Scheepvaartmaatschappij Compagnie Maritime Belge N.V. - Key offerings
12.8 Energy Observer
Exhibit 133: Energy Observer - Overview
Exhibit 134: Energy Observer - Product / Service
Exhibit 135: Energy Observer - Key offerings
12.9 GAUSSIN SA
Exhibit 136: GAUSSIN SA - Overview
Exhibit 137: GAUSSIN SA - Product / Service
Exhibit 138: GAUSSIN SA - Key offerings
12.10 GeoPura Ltd.
Exhibit 139: GeoPura Ltd. - Overview
Exhibit 140: GeoPura Ltd. - Product / Service
Exhibit 141: GeoPura Ltd. - Key offerings
12.11 H2SYS
Exhibit 142: H2SYS - Overview
Exhibit 143: H2SYS - Product / Service
Exhibit 144: H2SYS - Key offerings
12.12 Hitachi Energy Ltd.
Exhibit 145: Hitachi Energy Ltd. - Overview
Exhibit 146: Hitachi Energy Ltd. - Product / Service
Exhibit 147: Hitachi Energy Ltd. - Key offerings
12.13 Hyster Yale Materials Handling Inc.
Exhibit 148: Hyster Yale Materials Handling Inc. - Overview
Exhibit 149: Hyster Yale Materials Handling Inc. - Business segments
Exhibit 150: Hyster Yale Materials Handling Inc. - Key offerings
Exhibit 151: Hyster Yale Materials Handling Inc. - Segment focus
12.14 Panasonic Holdings Corp.
Exhibit 152: Panasonic Holdings Corp. - Overview
Exhibit 153: Panasonic Holdings Corp. - Business segments
Exhibit 154: Panasonic Holdings Corp. - Key news
Exhibit 155: Panasonic Holdings Corp. - Key offerings
Exhibit 156: Panasonic Holdings Corp. - Segment focus
12.15 Plug Power Inc.
Exhibit 157: Plug Power Inc. - Overview
Exhibit 158: Plug Power Inc. - Product / Service
Exhibit 159: Plug Power Inc. - Key offerings
12.16 Renewable Innovations Inc.
Exhibit 160: Renewable Innovations Inc. - Overview
Exhibit 161: Renewable Innovations Inc. - Product / Service
Exhibit 162: Renewable Innovations Inc. - Key offerings
12.17 SFC Energy AG
Exhibit 163: SFC Energy AG - Overview
Exhibit 164: SFC Energy AG - Business segments
Exhibit 165: SFC Energy AG - Key news
Exhibit 166: SFC Energy AG - Key offerings
Exhibit 167: SFC Energy AG - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 168: Inclusions checklist
Exhibit 169: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 170: Currency conversion rates for US$
13.4 Research methodology
Exhibit 171: Research methodology
Exhibit 172: Validation techniques employed for market sizing
Exhibit 173: Information sources
13.5 List of abbreviations
Exhibit 174: List of abbreviations