Pump Solutions in the Global Hydrogen Production Market

Pump Solutions in the Global Hydrogen Production Market

Energy-efficient Solutions and Strategic Partnerships Enable Green Hydrogen Economy

RELEASE DATE
14-Sep-2022
REGION
Global
Research Code: PD90-01-00-00-00
SKU: IA01662-GL-MT_26904
$2,450.00
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SKU
IA01662-GL-MT_26904
$2,450.00
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Description

A 25% reduction in carbon dioxide (CO2) emissions by 2030 is necessary to keep global warming to 1.5°C. One of the most promising ways to reduce greenhouse gas emissions is to use hydrogen as an energy carrier, making it a critical fuel in the move to sustainable energy generation. Since new generation pumps are vital for increased hydrogen production, the pump market growth is inevitable.

However, the market is not without challenges. Although hydrogen is a renewable energy source, most hydrogen produced today comes from fossil fuels, releasing CO2 into the environment. High capital expenses in hydrogen production, storage, and infrastructure installation; the absence of supportive regulatory frameworks; and end users’ lack of awareness and acceptance of hydrogen hinder the pump market’s growth.

Research Scope

In this study, Frost & Sullivan assesses the impact of various trends and obstacles on pump manufacturers' prospects in the hydrogen market. Other information includes:

  • Growth metrics, such as revenue forecast (2020–2026), growth rate, and competitive environment
  • Factors driving and restraining market growth
  • Future opportunities, challenges, and application areas

Author: Jinith Jayesh


Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on Pump Solutions in the Global Hydrogen Production Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

The Hydrogen Economy

Growth Metrics

Revenue Forecast

Hydrogen Production Pumps

Distribution Channels

Growth Drivers

Growth Driver Analysis

Growth Restraints

Growth Restraint Analysis

Hydrogen Production Hotspots

Competitive Environment

Growth Opportunity 1: Global Warming Drives the Shift Toward a Hydrogen Economy

Growth Opportunity 1: Global Warming Drives the Shift Toward a Hydrogen Economy (continued)

Growth Opportunity 2: Geographical Expansion Leads to Hydrogen Market Growth

Growth Opportunity 2: Geographical Expansion Leads to Hydrogen Market Growth (continued)

Growth Opportunity 3: Green Hydrogen Growth Catalyzes the Hydrogen Economy

Growth Opportunity 3: Green Hydrogen Growth Catalyzes the Hydrogen Economy (continued)

Growth Opportunity 4: Fuel Cell-Combined Heat and Power (FC-CHP) for Industrial and Commercial Applications

Growth Opportunity 4: Fuel Cell-Combined Heat and Power (FC-CHP) for Industrial and Commercial Applications (continued)

List of Exhibits

Legal Disclaimer

A 25% reduction in carbon dioxide (CO2) emissions by 2030 is necessary to keep global warming to 1.5°C. One of the most promising ways to reduce greenhouse gas emissions is to use hydrogen as an energy carrier, making it a critical fuel in the move to sustainable energy generation. Since new generation pumps are vital for increased hydrogen production, the pump market growth is inevitable. However, the market is not without challenges. Although hydrogen is a renewable energy source, most hydrogen produced today comes from fossil fuels, releasing CO2 into the environment. High capital expenses in hydrogen production, storage, and infrastructure installation; the absence of supportive regulatory frameworks; and end users’ lack of awareness and acceptance of hydrogen hinder the pump market’s growth.--BEGIN PROMO--

Research Scope

In this study, Frost & Sullivan assesses the impact of various trends and obstacles on pump manufacturers' prospects in the hydrogen market. Other information includes:

  • Growth metrics, such as revenue forecast (2020–2026), growth rate, and competitive environment
  • Factors driving and restraining market growth
  • Future opportunities, challenges, and application areas

Author: Jinith Jayesh

More Information
Author Jinith Jayesh
Industries Industrial Automation
No Index No
Is Prebook No
Podcast No
WIP Number PD90-01-00-00-00