Hydrogen Generation Market worth $226.37 billion by 2030

 

Hydrogen Generation Market worth $226.37 billion by 2030

According to a research report, "Hydrogen Generation Market by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation & Delivery Mode, Region - Global Forecast to 2030" published by MarketsandMarkets, The global hydrogen generation market is projected to reach USD 226.37 billion by 2030 from USD 157.81 billion in 2025, registering a CAGR of 7.5% during the forecast period. The global hydrogen generation market is projected to grow during the forecast period, driven by the increasing emphasis on reducing carbon emissions, transitioning to cleaner energy sources, and strong government support through policies and national hydrogen strategies. While green hydrogen is gaining momentum due to its potential for zero-emission production, gray hydrogen currently dominates the market owing to its cost-effectiveness, mature technology, and well-established production infrastructure using natural gas.