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The hydrogen generator industry is seeing significant partnerships as companies aim to advance technology, scale production, and tap into growing markets for hydrogen as a clean energy source. These partnerships highlight the collaborative efforts within the hydrogen generator industry to innovate, scale production, and establish a robust hydrogen economy globally. By combining resources and expertise, these companies aim to drive the transition to clean energy and reduce carbon emissions.
Eminent players operating in the Onsite Hydrogen Generator industry are:
The fuel cells segment will surpass USD 196 million by 2032, driven by its versatile applications across various industries, including automotive, stationary power generation, and portable devices.
Onsite hydrogen generator industry size worth USD 528.8 million in 2023 and will demonstrate a 6.6% CAGR between 2024 and 2032 due to increasing demand for clean energy solutions and the rising adoption of hydrogen as a sustainable alternative fuel.
Asia Pacific onsite hydrogen generator industry will record USD 448 million by 2032, owing to robust industrialization, increasing demand for clean energy solutions, and government initiatives promoting hydrogen infrastructure.
Air Products & Chemicals, Inc., Cockerill Jingli Hydrogen, EPOCH Energy Technology Corp, Hitachi Zosen Corporation, LNI Swissgas Srl, Idroenergy, Mahler AGS, MVS Engineering Pvt. Ltd., and Teledyne Technologies Incorporated, among others.