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
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
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List of Figures- Pump Solutions in Global Hydrogen Production: Growth Metrics, Global, 2021
- Pump Solutions in Global Hydrogen Production: Revenue Forecast, Global, 2020–2026
- Pump Solutions in Global Hydrogen Production: Distribution Channel Analysis, Global, 2021
- Pump Solutions in Global Hydrogen Production: Growth Drivers, Global, 2022–2026
- Pump Solutions in Global Hydrogen Production: Growth Restraints, Global, 2022–2026
- Pump Solutions in Global Hydrogen Production: Competitive Environment, Global, 2021
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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
| Deliverable Type | Market Research |
|---|---|
| Author | Jinith Jayesh |
| Industries | Industrial Automation |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | hydrogen production market |
| Keyword 2 | pump market growth |
| Keyword 3 | Hyderogen Pump Market |
| List of Charts and Figures | Pump Solutions in Global Hydrogen Production: Growth Metrics, Global, 2021~ Pump Solutions in Global Hydrogen Production: Revenue Forecast, Global, 2020–2026~ Pump Solutions in Global Hydrogen Production: Distribution Channel Analysis, Global, 2021~ Pump Solutions in Global Hydrogen Production: Growth Drivers, Global, 2022–2026~ Pump Solutions in Global Hydrogen Production: Growth Restraints, Global, 2022–2026~ Pump Solutions in Global Hydrogen Production: Competitive Environment, Global, 2021~ |
| Podcast | No |
| WIP Number | PD90-01-00-00-00 |
Pump Solutions in the Global Hydrogen Production Market
Energy-efficient Solutions and Strategic Partnerships Enable Green Hydrogen Economy
14-Sep-2022
Global
Market Research