Hydrogen Generation Market Estimated To Be Driven By Innovation And Industrialization By 2030
Hydrogen Generation Market Analysis The Hydrogen Generation Market size is anticipated to reach USD 210.85 billion, at a CAGR of 9.45% during the forecast period 2022-2030. Market Dynamics Huge investments are being made for energy systems transformation in cities across the globe for the Paris Agreement targets. China, the world's largest emitter of carbon dioxide, aims to meet a target of 20% of its primary energy in renewable sources. Government regulation for desulphurization will also improve the growth of the hydrogen generation industry. Moreover, the increasing demand for clean fuel is expected to see an exponential rise every year, with rising pollution levels. Hydrogen could be the perfect energy carrier for the transport sector to minimize carbon emissions. Increasing the production of electric vehicles will boost demand for hydrogen generation as countries invest in developing hydrogen fuel cell infrastructure such as fuel stations. The global hydrogen gen...