Sustainable Hydrogen Applications Spur the Market for Control Equipment

ARC Advisory Group’s recent research on hydrogen production and management systems reveals that hydrogen is now recognized as one of the technologies for achieving net-zero greenhouse gas emission commitments. Hydrogen and primary energy have a long shared history - hydrogen powered the first internal combustion engines in the past and is now an integral part of the refining industry. It is lightweight, storable, has a high energy density, and produces no direct emissions of pollutants or greenhouse gases. However, for hydrogen to make a significant contribution to a clean energy transition, it must be used in sectors where it has been almost completely absent, such as transportation, stationary heating, and power generation. This research provides a comprehensive and independent overview of control equipment markets in the four most important hydrogen applications - production, transport, storage, and end equipment. The research explains from a control equipment standpoint, where things stand today, and how hydrogen can help achieve a clean, secure, and affordable energy future, as well as what the market development for control equipment looks like.

"The market evolution for automation technology in the hydrogen world differs from other industries. Investment decisions in other industries are usually made based on return on investment; whereas, in hydrogen plants it is different. To achieve global climate goals, governments in Europe, the Americas, and Asia have created Hydrogen Funds. These funds refinance hydrogen plants, and the plant engineering and control equipment suppliers benefit from this. More than 250 projects have already been announced for the period up to 2030 and will be financed by the Hydrogen Funds. The market for automation technology in hydrogen plants will therefore develop faster than average and decouple from the normal market growth,” according to Thomas Menze, Senior Consultant and key author of ARC's Hydrogen Production and Management Systems Market Research.

Hydrogen Production and Management Systems Market Trends

In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:

  • Hydrogen characteristics and sensor challenges 
  • The role of existing and planned LNG terminals
  • Hydrogen bridges regions with renewable energy and the industrial centers 
  • Hydrogen for the generation of electrical energy

About the Hydrogen Production and Management Systems Research

Hydrogen Production and Management Market TrendsThe Hydrogen Production and Management Systems research explores the current and future market performance and related technology and business trends. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts. The research segmentation includes Industry, World Region, Revenue Category, Unit Type Total, Storage Type, Automation, End Equipment Type, Hydrogen Production Type, Transportation Type, Hydrogen Automation Market By Type, Manufacturing Automation Systems by Type.

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