Lucintel Forecasts the Global Blue Hydrogen Market to Reach $36.5 billion by 2030
Lucintel Forecasts the Global Blue Hydrogen Market to Reach $36.5 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global blue hydrogen market looks promising with opportunities in the petroleum refinery, chemical, and power generation facility markets. The global blue hydrogen market is expected to reach an estimated $36.5 billion by 2030 from $20.4 billion in 2024, at a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing demand for fuel cell-based electric vehicles and rising concern towards carbon emission in environment.
A more than 150-page report to understand trends, opportunity and forecast in blue hydrogen market to 2030 by technology (steam methane reforming, gas partial oxidation, and auto thermal reforming), application (petroleum refineries, chemical industry, power generation facilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that managed service is expected to witness the higher growth over the forecast period as it provides flexibility and effectively manages a wide range of operations.
Within this market, train will remain the larger segment due to growing need of railway platform security solutions for monitoring all areas.
Download sample by clicking on blue hydrogen market
APAC will remain the largest region over the forecast period due to rapid adoption of surveillance systems & platform screen doors, high-speed rail, and smart transportation in countries like China and India.
Indra Sistemas, Honeywell, Huawei, Atos, Bosch, FLIR Systems, Talent, Axis Communications, Zhejiang Dahua, STANLEY are the major suppliers in the blue hydrogen market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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