Transparency Market Research, New York: The global hydrogen generator market is estimated to reach ~US$ 2 Bn by 2030, expanding at a CAGR of ~6% during the forecast period. Among processes, the steam reforming segment holds a leading share of the global hydrogen generator market. The steam reforming technology is used almost exclusively to produce hydrogen. The segment is expected to create an incremental opportunity of US$ 491.91 Mn between 2020 and 2030. The hydrogen generator market in North America is estimated to expand at a substantial pace during the forecast period, owing to the increase in sales of fuel cell electric vehicles (FCEVs) and fuel cell buses in the region.


Request for Covid-19 Impact Analysis on Hydrogen Generator Market:


Key Drivers of Hydrogen Generator Market

The availability of cost-effective natural gas feedstock is expected to drive the global hydrogen generator market during the forecast period. Natural gas is a major operating expense in an on-site hydrogen generator operation. However, natural gas is cost effective as compared to other low-cost feedstock such as water, biomass, and coal. Also, even if hydrogen is produced in generation plants and delivered through pipelines, gas trailers, or liquid tankers, natural gas proves to be the most cost-effective feedstock. The steam reforming technology employs natural gas as a feedstock. It is the most cost effective method for delivering hydrogen to consumers.


Download PDF Brochure –


The immediate availability of hydrogen, which resolves storage and delivery issues, is expected to drive the global hydrogen generator market during the forecast period. An on-site hydrogen generator provides continuous and controlled supply of hydrogen, with minimum requirement for transportation to consumption site or storage. In on-site hydrogen generation, due to immediate availability of hydrogen, the amount of stored compressed hydrogen is less even for large consumptions. Thus, hydrogen can be stored in low-pressure tanks. This, in turn, costs less with the added benefit of safer operations. Hydrogen produced by large-scale production plants costs ~US$ 5–6/GJ, which is almost 3–4 times less costly than that produced by hydrogen generators. However, due to no or least storage requirements in on-site generation, the overall production cost is reduced. Thus, hydrogen generators prove to be more cost-effective than large-scale hydrogen generation plants.

View Detailed Table of Contents at


North America Offers Lucrative Opportunities to Hydrogen Generator Market

North America led the global hydrogen generator market in 2019, owing to significant demand for hydrogen for use in FCEVs. The development of supporting infrastructure, such as hydrogen refueling stations, is also expected to drive the market in the region during the forecast period. Furthermore, with declining costs of renewable electricity in particular that generated from solar PV cells and wind turbines, interest in electrolytic hydrogen is growing and there have been several demonstration projects in recent years. This is likely to propel the market for hydrogen generators in North America during the forecast period.

Major Developments in Hydrogen Generator Market

On February 12, 2020, AFC Energy announced the launch of a global mobile generator, which is powered by hydrogen to replace polluting diesel generators on construction sites. The new hydrogen power generator uses the alkaline fuel cell technology, which has been developed at AFC Energy’s research facility in Surrey, the U.K. It can be scaled from 20 kW to over 1 MW to fit with typical power requirements of construction machinery. The technology can also use ammonia as a feedstock and apply a cracker to produce hydrogen on demand.


Purchase Premium Research Report on Hydrogen Generator Market @


In April 2020, BayoTech, an on-site hydrogen production company, announced to have entered a collaborative partnership with DLL. BayoTech and DLL have partnered to develop a leasing program to bring BayoTech hydrogen generators to customers. This collaboration would enable customers to have access to low-cost, on-site hydrogen without making high capital investments.

Competition Landscape of Hydrogen Generator Market

The global hydrogen generator market is highly fragmented. Various regionally organized players operate in the market. Hydrogen generators are mostly designed as per customer requirements, which further decreases the storage cost incurred to manufacturers and reduces the market competition. International as well as local players held a significant share of the global market in 2018. Key players operating in the global hydrogen generator market are Air Liquide, Air Products and Chemical Inc., Praxiar technology Inc., Linde AG., Proton On-site Inc., Hy9 Corporation, Hydrogenics Corporation, Epoch Energy Technology Corporation, MVS Engineering Pvt. Ltd., McPhy Energy SA, and Nel Hydrogen.

Browse More Press Releases:

Global Hydrogen Generator Market: Segmentation

Hydrogen Generator Market, by Process

  • Steam Reforming
  • Electrolysis
  • Others

Hydrogen Generator Market, by Product Type

  • Onsite
  • Portable

Hydrogen Generator Market, by Application

  • Chemical Processing
  • Fuel Cells
  • Petroleum Recovery
  • Refining
  • Others

Hydrogen Generator Market, by Capacity Share

  • 1W – 100W
  • 100W – 300W
  • 300W – 700W
  • 700W – 1kW
  • 1kW – 3kW
  • 3kW & Above

Hydrogen Generator Market, by Region

  • North America
    • S.
    • Canada
  • Europe
    • Germany
    • France
    • K.
    • Rest of Europe
  • Asia Pacific
    • China
    • South Korea
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa


Browse Latest Reports by TMR:


Explore Transparency Market Research’s award-winning coverage of the global Energy & Natural Resources Industry, 

Power Purchase Agreement Market – Long term price security is the major driver of the global power purchase agreement market. Traditionally, the price of electricity has been dependent on the market variability. Power purchase agreement protects consumers from this variability and provides steady power supply with consistent price for an agreed period. The agreement helps companies save up to 25% to 30% on electricity bills. Thus, long term price security is a major factor driving the power purchase agreement market.


Wire & Cable Recycling Market – Rise in investments in the construction industry led by improvement in the living standards, increase in the purchasing power, migration of people from rural to urban areas, and strong economic growth, in developing as well as developed countries, is anticipated to propel the global wire & cable recycling market during the forecast period


Diamond Mining Market – High demand for diamond jewelry from emerging markets such as China, India, Brazil, and Thailand is driving the global diamond mining market. Rising demand for diamonds for use in industrial applications also boosts the global market. Diamonds that are not of commercial quality are used in industrial applications, such as grinding wheels for drilling, cutting, polishing applications, electronic chips, and laser components. Increasing demand for high-quality products from consumers has prompted companies across different industries to adopt high-quality cutting tools in their manufacturing operations.


Variable Renewable Energy Market – Growing concerns about the environment and rising usage of clean energy substitutes are likely to be key factors driving the global variable renewable energy market during the forecast period. Electricity rates are inherently volatile. They fluctuate monthly, annually, and depending on season. Over the last decade, electricity prices have risen greatly and they are poised to increase even more during the forecast period. This, in turn, is projected to augment the demand for use of variable renewable energy in the near future.


Explore More Upcoming Reports:


About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.



Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Press Release Source: