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Hydrogen Generation Market To Witness A Significant Growth Of USD 225.55 Billion By 2030

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  San Francisco, 22 July 2022:  The Report  Hydrogen Generation Market  Size, Share & Trends Analysis Report By Systems (Merchant, Captive), By Technology (Steam Methane Reforming, Coal Gasification), By Application, By Source, By Region, And Segment Forecasts, 2022 - 2030 The global hydrogen generation market size is expected to reach USD 225.55 billion by 2030, registering a CAGR of 6.4% during the forecast period, according to a new report by Grand View Research, Inc. The global hydrogen generation market is likely to be driven by the growing demand for cleaner fuel, coupled with increasing governmental regulations for the desulphurization of petroleum products. Hydrogen is an effective energy carrier, and this quality is expected to contribute, significantly, to its further penetration into newer markets. The global electricity demand is anticipated to witness an increase by nearly two-thirds of the current demand in the forecast period. Focus on the projects, related to distri

Hydrogen Generation Market Size ,Share ,Industry Growth And Forecast To 2025 : Grand View Research Inc.

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San Francisco, 11 December 2019:   The Report   Hydrogen Generation Market   Size, Share & Trends Analysis Report By Application (Coal Gasification, Steam Methane Reforming), By Technology, By System (Merchant, Captive), And Segment Forecasts, 2018 – 2025 The global hydrogen generation market size is predicted to be valued at USD 180.2 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% over the forecast period. Rising demand for renewable sources of energy and safe fuels is projected to boost market growth. Increasing adoption of hydrogen and awareness toward importance of energy conservation are expected to boost the global market for hydrogen generation by 2025. Rising efforts to shift focus from fossil fuels to renewable fuels is expected to further propel market expansion. Numerous countries are introducing stringent regulations to significantly reduce indiscriminate use of conventional fuels responsible