North America Hydrogen Generator Market Size & Outlook
The hydrogen generator market in North America is expected to reach a projected revenue of US$ 329.3 million by 2030. A compound annual growth rate of 7.7% is expected of North America hydrogen generator market from 2025 to 2030.
Revenue, 2024 (US$M)
$211.6
Forecast, 2030 (US$M)
$329.3
CAGR, 2025 - 2030
7.7%
Report Coverage
North America
North America hydrogen generator market highlights
- The North America hydrogen generator market generated a revenue of USD 211.6 million in 2024.
- The market is expected to grow at a CAGR of 7.7% from 2025 to 2030.
- In terms of segment, on-site was the largest revenue generating product in 2024.
- On-site is the most lucrative product segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2024 | USD 211.6 million |
| Market revenue in 2030 | USD 329.3 million |
| Growth rate | 7.7% (CAGR from 2024 to 2030) |
| Largest segment | On-site |
| Fastest growing segment | On-site |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-site |
Other key industry trends
- In terms of revenue, North America region accounted for 28.2% of the global hydrogen generator market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 329.3 million by 2030.
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Hydrogen Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hydrogenics | View profile | 501-1000 | Mississauga, Ontario, Canada, North America | http://www.hydrogenics.com |
| Epoch Wires Ltd | View profile | 1-10 | Cambridge, Cambridgeshire, United Kingdom, Europe | http://www.epochwires.com |
| Praxair | View profile | 10001+ | Danbury, Connecticut, United States, North America | http://www.praxair.com |
| McPhy Energy SA | View profile | 265 | 1115, Route de Saint-Thomas, La Motte-Fanjas, France, 26190 | http://www.mcphy.com |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Air Products & Chemicals Inc | View profile | 23000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | https://www.airproducts.com |
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