Electrolyzers Market worth $23.6 Billion by 2028
The global Electrolyzers Market is projected to reach USD 23.6 billion in 2028 from USD 1.2 billion in 2023 at a CAGR of 80.3% according to a new report by MarketsandMarkets™. The Electrolyzers Market has promising growth potential due to the rising deployment of electrolyzers for the green hydrogen production.
Proton exchange menbrane has the second larget Electrolyzers Market, by technology,...
Blue Hydrogen: Advancing the Transition to a Low-Carbon Economy
The global Blue Hydrogen Market is expected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% during the forecast period. The blue hydrogen market has a promising growth potential due to several factors, including the role of blue hydrogen in carbon emission reduction, an increase in the demand for fuel cell-based electric vehicles, and a shift toward...
Electrolyzers Market Offers Lucrative Opportunities for Major Economies to Achieve Net Zero Emission Targets
An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. Through this process, the electrolyzer system produces hydrogen, and the leftover oxygen is released into the atmosphere or can be captured or stored to supply other industrial processes or even medical gases, in some cases. There are four main ways that electrolyzers can be commercialized: power to mobility,...
Global Hydrogen Energy Storage Market Will Generate Massive Revenue In Future
The global hydrogen energy storage market is projected to reach USD 119.2 Billion by 2027 from an estimated market size of USD 13.8 Billion in 2022, at a CAGR of 54.0% during the forecast period. Increasing demand of hydrogen in industrial sector and rising demand of stationary and mobile power applications are the key factors driving market growth.
Leading key market players:
The global hydrogen...
Blue Hydrogen Market worth $44.5 Billion by 2030
The
global Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion
by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. The factors driving the growth of the Blue Hydrogen Market are the
increasing hydrogen demand in petroleum refineries and transportation and Power
Generation Facilities applications.
SMR is
estimated to be the fastest-growing...
Hydrogen Generation Market to Be Expected to Expand at a Steady CAGR Through 2025
The hydrogen generation market size is projected to reach USD 201 billion by 2025 from an estimated USD 130 billion in 2020, at a CAGR of 9.2% during the forecast period. Increasing fuel cell power generation application is driving the growth of the market. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment at large scale in Asia Pacific region, creates opportunities...
Artificial Photosynthesis Market to Hit $185 Million by 2030
The report “Artificial Photosynthesis Market by Application (Hydrocarbon, Hydrogen, Chemicals), Technology (Co-Electrolysis, Photo-Electro Catalysis, Nanotechnology, Hybrid Process), Region (North America, APAC, Europe, Rest of World) – Global Forecast to 2030″, size will grow to USD 185 Million by 2030 from USD 62 Million in 2022, at a CAGR of 14.6% during the forecast period....
Solid Oxide Fuel Cell Market Size to Hit $6.5 billion by 2027
The report “Solid Oxide Fuel Cell Market by Type (Planar & Tubular), Application (Portable, Stationary, & Transport), End User (Commercial & Industrial, Data Centers, Military & Defense, and Residential ) and Region – Global Forecasts to 2027” The solid oxide fuel cell market size will grow to USD 6.5 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of...
Hydrogen Generation Market Size will Escalate Rapidly in the Near Future
Global Hydrogen Generation Market Scenario:
The hydrogen generation market size is expected to grow from an estimated USD 130 billion in 2020 to USD 201 billion by 2025, at a CAGR of 9.2% during the forecast period. Increasing fuel cell power generation application as well as increasing government regulations for desulphurization and greenhouse gas emissions are high growth prospects for the...
Increasing Fuel Cell Power Generation Trends Continue to Boost Gains for Hydrogen Generation
Increasing fuel cell power generation application is driving the growth of the market. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment at large scale in Asia Pacific region, creates opportunities for hydrogen generation market.
Global Hydrogen Generation Market Overview:
The hydrogen generation market size is projected to reach USD 201 billion by...