The global hydrogen generation market is projected to reach USD 263.5 billion by 2027, at a CAGR of 10.5% between 2022 to 2027.

The global hydrogen generation market 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.

The global hydrogen generation market is projected to reach USD 199.1 billion by 2023 from an estimated USD 135.5 billion in 2018, at a CAGR of 8.0%.

Browse 124 market data Tables and 48 Figures spread through 221 Pages and in-depth TOC on "Hydrogen Generation Market"

The Hydrogen Generation Market is expected to reach USD 199.1 billion by 2023, at a CAGR of 8.0% from 2018 to 2023.

This growth is attributed to government regulations for the desulfurization of petroleum products and a rising demand for hydrogen as a transportation fuel.

The steam methane reforming segment is the largest segment of the hydrogen generation market owing to the easy availability of raw material, i.e., methane, and the cost-effective nature of the process.

Hydrogen Generation Market Report categorizes global market by Generation & Delivery Mode, Technology (Steam Methane Reforming, Partial Oxidation, Gasification, and Electrolysis), and by Region

he global market is set to witness growth due to government regulations for desulfurization of petroleum products and rising demand for hydrogen as a transportation fuel.

The hydrogen generation market is expected to grow from an estimated USD 117.94 Billion in 2016 to USD 152.09 Billion by 2021, at a CAGR of 5.2% during the forecast period. Major factors such as cleaner fuel as compared to others, government regulations f