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North America Hydrogen Generation Market Growth, Size, Trends Analysis - By Delivery Mode, By Process, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Published May 15, 2025
Length 170 Pages
SKU # SPER20186982

Description

North America Hydrogen Generation Market Introduction and Overview

According to SPER market research, ‘North America Hydrogen Generation Market Size- By Delivery Mode, By Process, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the North America Hydrogen Generation Market is predicted to reach 35.34 billion by 2034 with a CAGR of 6.06%.

It is the process of producing hydrogen gas, usually by electrolysis or chemical processes, using a variety of feedstocks or energy sources. Both conventional techniques and more recent, environmentally friendly ones, such as electrolysis using renewable energy sources, can be used in this process. Due to its versatility and cleanliness, hydrogen is highly sought after in a number of industries, such as energy storage, chemicals, transportation, and refining.

Restraints:

The high construction and operating costs of hydrogen production plants or biorefineries make it impossible for hydrogen generation to compete with fossil fuels. The investment covers the costs of biorefinery installation, procurement, testing, and maintenance, as well as feedstock expenditures.

Scope of the report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered

By Delivery Mode, By Process, By Application

Regions covered

Canada, Mexico, United States

Companies Covered

Air Products and Chemicals, Inc, Ballard Power Systems, CALORIC, CF Industries, Cummins Inc, Hexagon Composites ASA, Iwatani Corporation, ITM Power plc, Linde plc, Messer, NUVERA FUEL CELLS, LLC, Nel ASA.

North America Hydrogen Generation Market Segmentation:

By Delivery Mode: Based on the Delivery Mode, North America Hydrogen Generation Market is segmented as; Captive, Merchant.

By Process: Based on the Process, North America Hydrogen Generation Market is segmented as; Steam Reformer, Electrolysis, Others.

By Application:

Based on the Application, North America Hydrogen Generation Market is segmented as; Petroleum Refinery, Chemical, Metal and Others.

By Region:

This research also includes data for Canada, Mexico, United States.

Table of Contents

170 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Hydrogen Generation Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Hydrogen Generation Market
7. North America Hydrogen Generation Market, By Delivery Mode (USD Million) 2021-2034
7.1. Captive
7.2. Merchant
8. North America Hydrogen Generation Market, By Process (USD Million) 2021-2034
8.1. Steam Reformer
8.2. Electrolysis
8.3. Others
9. North America Hydrogen Generation Market, By Application (USD Million) 2021-2034
9.1. Petroleum Refinery
9.2. Chemical
9.3. Metal
9.4. Others
10. North America Hydrogen Generation Market, (USD Million) 2021-2034
10.1. North America Hydrogen Generation Market Size and Market Share
11. North America Hydrogen Generation Market, By Region, (USD Million) 2021-2034
11.1. Canada
11.2. Mexico
11.3. United States
12. Company Profile
12.1. Air Products and Chemicals, Inc
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Ballard Power Systems
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. CALORIC
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. CF Industries
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Cummins Inc
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Hexagon Composites ASA
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Iwatani Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. ITM Power plc
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Linde plc
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Messer
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. NUVERA FUEL CELLS, LLC
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Nel ASA
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
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