Pune, India, December 21, 2022 (GLOBE NEWSWIRE) — The global “Green Hydrogen Generators MarketThe size is projected to reach US$325.1 million by 2028, growing at a CAGR of 5.6% between 2021 and 2028. Report titled, Green Hydrogen Generator Market, 2021-2028 $200.9 million.
key industry development:
GTT announced the acquisition of Areva H2Gen. Areva H2Gen is involved in the design and assembly of electrolysers for the production of green hydrogen.
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| report coverage | details |
| forecast period | 2021-2028 |
| Forecast period 2021 to 2028 CAGR | 5.6% |
| Value prognosis 2028 | $325.1 million |
| base year | 2020 |
| Market size in 2020 | $200.9 million |
| Historical data for | 2017-2019 |
| number of pages | 250 |
| segments covered | Green Hydrogen Generators Market Size, Share and COVID-19 Impact Analysis by Type (Conventional Alkaline Electrolysis, PEM Electrolysis and Solid Oxide Electrolysis), by Application (Power Plants, Steel Mills, Electronics and Photovoltaic, Industrial Gases and Others) and Region |
| growth accelerator | Introduction of innovative methods for the production of green hydrogen to stimulate the market |
| Increased refinery operations to support development in Asia Pacific |
Growth Accelerator:
Hydrogen is currently produced using a variety of methods including water electrolysis, steam methane reforming, partial oil oxidation and coal gasification. Water electrolysis is the most widely used process to produce green hydrogen. Hydrogen and oxygen are produced by water electrolysis using renewable energy sources such as sun and wind. Therefore, well-known companies are investing in advanced technologies for the large-scale production of green hydrogen, which in turn…
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