Oct 16, 2017   SOURCE: BusinessWire

Top 5 Vendors in the Hydrogen Generation Market from 2017 to 2021 | Technavio

Technavio has announced the top five leading vendors in their recent global hydrogen generation market report. This research report also lists 17 other prominent vendors that are expected to impact the market during the forecast period.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171016005805/en/

Technavio has published a new report on the global hydrogen generation market from 2017-2021. (Graph ...

Technavio has published a new report on the global hydrogen generation market from 2017-2021. (Graphic: Business Wire)

The growth of the market will be majorly driven by the growth of glass, metal processing, chemical, and refinery sectors. The transportation sector for fuel cell vehicles are expected to influence the growth of the market in future. There has been an increase in the global demand for steel owing to the increase in construction, automotive and manufacturing activities, especially in countries such as India and China.

Competitive vendor landscape

The global hydrogen generation market is highly competitive with major vendors such as Air Liquide, Air Products and Chemicals, Hydrogenics, Messer Group, and The Linde Group competing on the basis of price, quality, and market presence. However, the market is facing challenges in adopting new technologies for fuel cell vehicles owing to tough competition from fossil fuels.

“To gain higher market shares, companies as a key strategy are involved in acquisitions and partnerships along with effective product launches. Leading corporations are aggressively pursuing to enhance their capabilities to gain a competitive edge through joint ventures, MoUs, and agreements or acquisitions,” says Thanikachalam Chandrasekaran, a lead oil and gas research analyst from Technavio.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Top five hydrogen generation market vendors

Air Liquide

Air Liquide is engaged in offering gas services. These gas services are offered to large industries, healthcare, electronics, engineering, and construction. The company also acts as an industrial merchant and offers its services in welding, diving, and in the global market and technologies segment.

Air Products and Chemicals

Air Products and Chemicals serves its customers on a global scale with a unique portfolio of products, solutions, and services that include atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services in sectors such as energy, chemicals, electronics, metals, and manufacturing.

Hydrogenics

Hydrogenics is involved in manufacturing, building, and installing industrial as well as commercial hydrogen generation, MW-scale energy storage solutions, and fuel cells. The company is expertise in hydrogen generation, fueling stations, hydrogen fuel cell vehicles, fuel cell power generation, and power-to-gas technologies.

Messer Group

Messer Group offers industrial, medical, and specialty gases to various industries. The company is engaged in the production of industrial gases such as oxygen, argon, nitrogen, hydrogen, carbon dioxide, helium, shielding gases for welding, medical gases, specialty gases, and a wide variety of mixed gases.

The Linde Group

The Linde Group offers gas services to various industries. These gas services include services to sectors such as healthcare and engineering. The company also provides logistics services to its customers. The Linde Group is engaged in the global hydrogen generation market through its industrial gases product segment.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Browse Related Reports:

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.