Italy Hydrogen Generation Market Size & Outlook, 2023-2030
Italy hydrogen generation market, 2018-2030 (US$B)
Related Markets
Italy hydrogen generation market highlights
- The Italy hydrogen generation market generated a revenue of USD 4.2 billion in 2023 and is expected to reach USD 8.7 billion by 2030.
- The Italy market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, ammonia production was the largest revenue generating application in 2023.
- Transportation is the most lucrative application segment registering the fastest growth during the forecast period.
Hydrogen generation market data book summary
| Market revenue in 2023 | USD 4.2 billion |
| Market revenue in 2030 | USD 8.7 billion |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Ammonia production |
| Fastest growing segment | Transportation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Italy accounted for 2.4% of the global hydrogen generation market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia hydrogen generation market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 8.7 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 |
|---|
Italy 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.
Ammonia production was the largest segment with a revenue share of 19.05% in 2023. Horizon Databook has segmented the Italy 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.
Italy government has taken steps to improve hydrogen infrastructure in the country as the government has issued regulations with an aim to overcome barriers faced for the deployment of refueling stations for hydrogen in the country.
Under the new regulations the government has increased the allowed pressure for distribution of hydrogen and has taken steps to enhance safety for the hydrogen infrastructure. Further, some of the companies and research institutes are also focusing on the development of hydrogen through cleaner technologies.
For instance, a demonstration plant for hydrogen generation by electrolysis technology was set up by BFP Group. The plant got operational in 2018 which is of capacity 240 Nm³/h and it is located in Troia in Italy.
Reasons to subscribe to Italy 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 Italy 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 country-level data and insights on the Italy hydrogen generation market , including forecasts for subscribers. This country databook contains high-level insights into Italy hydrogen generation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy hydrogen generation market size, by application, 2018-2030 (US$B)
Italy 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
