Asia Pacific Hydrogen Generation Market Size & Outlook
Asia Pacific hydrogen generation market, 2018-2030 (US$B)
Related Markets
Asia Pacific hydrogen generation market highlights
- The Asia Pacific hydrogen generation market generated a revenue of USD 59.8 billion in 2023.
- The market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, transportation was the largest revenue generating application in 2023.
- Transportation is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 59.8 billion |
| Market revenue in 2030 | USD 117.6 billion |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Transportation |
| Fastest growing segment | Transportation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Methanol Production, Ammonia Production, Petroleum Refinery, Transportation, Power Generation |
| Key market players worldwide | Air Liquide SA, Air Products & Chemicals Inc, Cummins Inc, Iwatani Corp, Linde PLC, Nippon Sanso Holdings Corp, Tokyo Gas Co Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 35.1% of the global hydrogen generation market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 39.6 billion by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hydrogen Generation Market Scope
Hydrogen Generation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific hydrogen generation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydrogen generation market will help companies and investors design strategic landscapes.
Transportation was the largest segment with a revenue share of 22.07% in 2023. Horizon Databook has segmented the Asia Pacific hydrogen generation market based on methanol production, ammonia production, petroleum refinery, transportation, power generation covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific hydrogen generation market consists of major countries such as China, Japan, South Korea, India, Australia, among other South East Asian countries. Asia Pacific is the largest region, in terms of revenue, with 34.94% market share in 2022, owing to high demand for hydrogen production from numerous industrial users present in some of major countries in the region.
Further, presence of high number of refineries Asia Pacific region in major countries such as China and India has resulted to drive the utilization of hydrogen generation in the region. Further, government in some of the Asia Pacific countries such as Japan and Australia are evaluating greener and cleaner technologies for hydrogen generation.
Reasons to subscribe to Asia Pacific hydrogen generation market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific hydrogen generation market databook
-
Our clientele includes a mix of hydrogen generation market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific hydrogen generation market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hydrogen generation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific hydrogen generation market size, by country, 2018-2030 (US$B)
Asia Pacific Hydrogen Generation Market Outlook Share, 2023 & 2030 (US$B)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
