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Global Hydrogen Equipment Market Outlook, In‑Depth Analysis & Forecast to 2031
Published Date: October 2025
|
Report Code: QYRE-Auto-30S16994
Home | Market Reports | Business & Industrial| Energy & Utilities
Global Hydrogen Equipment Market Research Report 2024
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Global Hydrogen Equipment Market Outlook, In‑Depth Analysis & Forecast to 2031

Code: QYRE-Auto-30S16994
Report
October 2025
Pages:135
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Plug Power
718th Research Institute of CSIC
Sungrow Power Supply
LONGi Green Energy Technology
Thyssenkrupp AG
Nel Hydrogen
Cockerill Jingli Hydrogen
Hydrogen Pro
TianJin Mainland
SANY Hydrogen
Siemens AG
Yangzhou Chungdean Hydrogen Equipment
McPhy
Beijing Zhongdian
Cummins

Hydrogen Equipment Market

The global Hydrogen Equipment market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications.
From a downstream perspective, Chemical Industry and Refining accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).
Hydrogen Equipment leading manufacturers including Plug Power, 718th Research Institute of CSIC, Sungrow Power Supply, Longi Green Energy Technology, ThyssenKrupp, Nel Hydrogen, Cockerill Jingli Hydrogen, Hydrogen Pro, TianJin Mainland, SANY Hydrogen, etc., dominate supply; the top five capture approximately % of global revenue, with Plug Power leading 2024 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Hydrogen Equipment market across value chain. It analyzes historical revenue data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies market size, growth rates, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries, detailing dominant products, competitive landscape, and downstream demand trends.
Critical competitive intelligence profiles players—revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise Industry‑chain overview maps upstream, middlestream, and downstream distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation

Scope of Hydrogen Equipment Market Report

Report Metric Details
Report Name Hydrogen Equipment Market
Segment by Type
  • Electrolyzer Stacks
  • Industrial Hydrogen Generators
  • Humidification Systems
  • Others
Segment by Application
  • Chemical Industry and Refining
  • Power to Gas
  • Hydrogen Refueling Station
  • Power Industry
  • Electronics and Semiconductor
  • Steel Plant
  • Others
Sales by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Plug Power, 718th Research Institute of CSIC, Sungrow Power Supply, Longi Green Energy Technology, ThyssenKrupp, Nel Hydrogen, Cockerill Jingli Hydrogen, Hydrogen Pro, TianJin Mainland, SANY Hydrogen, Siemens, Yangzhou Chungdean Hydrogen Equipment, McPhy, Beijing Zhongdian, Cummins
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Defines the Hydrogen Equipment study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
  • Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
  • Chapter 3: Dissects the player landscape—ranks by revenue and profitability, details Player performance by product type and evaluates concentration alongside M&A moves.
  • Chapter 4: Unlocks high margin product segments—compares revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
  • Chapter 5: Targets downstream market opportunities—evaluates market size by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
  • Chapter 6: North America—breaks down market size by Type, by Application and country, profiles key players and assesses growth drivers and barriers.
  • Chapter 7: Europe—analyses regional market by Type, by Application and players, flagging drivers and barriers.
  • Chapter 8: Asia Pacific—quantifies market size by Type, by Application, and region/country, profiles top players, and uncovers high potential expansion areas.
  • Chapter 9: Central & South America—measures market size by Type, by Application, and country, profiles top players, and identifies investment opportunities and challenges.
  • Chapter 10: Middle East and Africa—evaluates market size by Type, by Application, and country, profiles key players, and outlines investment prospects and market hurdles
  • Chapter 11: Profiles players in depth—details product specs, revenue, margins; Top-tier players 2024 sales breakdowns by Product type, by Application, by region SWOT analysis, and recent strategic developments.
  • Chapter 12: Industry chain—analyses upstream, cost drivers, plus downstream channels.
  • Chapter 13: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
  • Chapter 14: Actionable conclusions and strategic recommendations.
  • Why This Report:
  • Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
  • Allocate capital strategically to high growth regions (Chapters 6–10) and margin rich segments (Chapter 5).
  • Negotiate from strength with suppliers (Chapter 12) and customers (Chapter 5) using cost and demand intelligence.
  • Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 3 and 11).
  • Capitalize on the projected billion‑dollar opportunity with data‑driven regional and segment tactics (Chapter 12-14).
  • Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

FAQ for this report

Who are the main players in the Hydrogen Equipment Market report?

Ans: The main players in the Hydrogen Equipment Market are Plug Power, 718th Research Institute of CSIC, Sungrow Power Supply, Longi Green Energy Technology, ThyssenKrupp, Nel Hydrogen, Cockerill Jingli Hydrogen, Hydrogen Pro, TianJin Mainland, SANY Hydrogen, Siemens, Yangzhou Chungdean Hydrogen Equipment, McPhy, Beijing Zhongdian, Cummins

What are the Application segmentation covered in the Hydrogen Equipment Market report?

Ans: The Applications covered in the Hydrogen Equipment Market report are Chemical Industry and Refining, Power to Gas, Hydrogen Refueling Station, Power Industry, Electronics and Semiconductor, Steel Plant, Others

What are the Type segmentation covered in the Hydrogen Equipment Market report?

Ans: The Types covered in the Hydrogen Equipment Market report are Electrolyzer Stacks, Industrial Hydrogen Generators, Humidification Systems, Others

1 Study Coverage
1.1 Introduction to Hydrogen Equipment: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Hydrogen Equipment Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Electrolyzer Stacks
1.2.3 Industrial Hydrogen Generators
1.2.4 Humidification Systems
1.2.5 Others
1.3 Market Segmentation by Application
1.3.1 Global Hydrogen Equipment Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Chemical Industry and Refining
1.3.3 Power to Gas
1.3.4 Hydrogen Refueling Station
1.3.5 Power Industry
1.3.6 Electronics and Semiconductor
1.3.7 Steel Plant
1.3.8 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Hydrogen Equipment Revenue Estimates and Forecasts 2020-2031
2.2 Global Hydrogen Equipment Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020-2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.2.4 Emerging Market Focus: Growth Drivers & Investment Trends
3 Competition by Players
3.1 Global Hydrogen Equipment Player Revenue Rankings and Profitability
3.1.1 Global Revenue (Value) by Players (2020-2025)
3.1.2 Global Key Player Revenue Ranking (2023 vs. 2024)
3.1.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.1.4 Gross Margin by Top Player (2020 VS 2024)
3.2 Global Hydrogen Equipment Companies Headquarters and Service Footprint
3.3 Main Product Type Market Size by Players
3.3.1 Electrolyzer Stacks Market Size by Players
3.3.2 Industrial Hydrogen Generators Market Size by Players
3.3.3 Humidification Systems Market Size by Players
3.3.4 Others Market Size by Players
3.4 Global Hydrogen Equipment Market Concentration and Dynamics
3.4.1 Global Market Concentration (CR5 and HHI)
3.4.2 Entrant/Exit Impact Analysis
3.4.3 Strategic Moves: M&A, Expansion, R&D Investment
4 Global Product Segmentation Analysis
4.1 Global Hydrogen Equipment Revenue Trends by Type
4.1.1 Global Historical and Forecasted Revenue by Type (2020-2031)
4.1.2 Global Revenue Market Share by Type (2020-2031)
4.2 Key Product Attributes and Differentiation
4.3 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.3.1 High-Growth Niches and Adoption Drivers
4.3.2 Profitability Hotspots and Cost Drivers
4.3.3 Substitution Threats
5 Global Downstream Application Analysis
5.1 Global Hydrogen Equipment Revenue by Application
5.1.1 Global Historical and Forecasted Revenue by Application (2020-2031)
5.1.2 Revenue Market Share by Application (2020-2031)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Downstream Customer Analysis
5.2.1 Top Customers by Region
5.2.2 Top Customers by Application
6 North America
6.1 North America Market Size (2020-2031)
6.2 North America Key Players Revenue in 2024
6.3 North America Hydrogen Equipment Market Size by Type (2020-2031)
6.4 North America Hydrogen Equipment Market Size by Application (2020-2031)
6.5 North America Growth Accelerators and Market Barriers
6.6 North America Hydrogen Equipment Market Size by Country
6.6.1 North America Revenue Trends by Country
6.6.2 US
6.6.3 Canada
6.6.4 Mexico
7 Europe
7.1 Europe Market Size (2020-2031)
7.2 Europe Key Players Revenue in 2024
7.3 Europe Hydrogen Equipment Market Size by Type (2020-2031)
7.4 Europe Hydrogen Equipment Market Size by Application (2020-2031)
7.5 Europe Growth Accelerators and Market Barriers
7.6 Europe Hydrogen Equipment Market Size by Country
7.6.1 Europe Revenue Trends by Country
7.6.2 Germany
7.6.3 France
7.6.4 U.K.
7.6.5 Italy
7.6.6 Russia
8 Asia-Pacific
8.1 Asia-Pacific Market Size (2020-2031)
8.2 Asia-Pacific Key Players Revenue in 2024
8.3 Asia-Pacific Hydrogen Equipment Market Size by Type (2020-2031)
8.4 Asia-Pacific Hydrogen Equipment Market Size by Application (2020-2031)
8.5 Asia-Pacific Growth Accelerators and Market Barriers
8.6 Asia-Pacific Hydrogen Equipment Market Size by Region
8.6.1 Asia-Pacific Revenue Trends by Region
8.7 China
8.8 Japan
8.9 South Korea
8.10 Australia
8.11 India
8.12 Southeast Asia
8.12.1 Indonesia
8.12.2 Vietnam
8.12.3 Malaysia
8.12.4 Philippines
8.12.5 Singapore
9 Central and South America
9.1 Central and South America Market Size (2020-2031)
9.2 Central and South America Key Players Revenue in 2024
9.3 Central and South America Hydrogen Equipment Market Size by Type (2020-2031)
9.4 Central and South America Hydrogen Equipment Market Size by Application (2020-2031)
9.5 Central and South America Investment Opportunities and Key Challenges
9.6 Central and South America Hydrogen Equipment Market Size by Country
9.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
9.6.2 Brazil
9.6.3 Argentina
10 Middle East and Africa
10.1 Middle East and Africa Market Size (2020-2031)
10.2 Middle East and Africa Key Players Revenue in 2024
10.3 Middle East and Africa Hydrogen Equipment Market Size by Type (2020-2031)
10.4 Middle East and Africa Hydrogen Equipment Market Size by Application (2020-2031)
10.5 Middle East and Africa Investment Opportunities and Key Challenges
10.6 Middle East and Africa Hydrogen Equipment Market Size by Country
10.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 GCC Countries
10.6.3 Israel
10.6.4 Egypt
10.6.5 South Africa
11 Corporate Profile
11.1 Plug Power
11.1.1 Plug Power Corporation Information
11.1.2 Plug Power Business Overview
11.1.3 Plug Power Hydrogen Equipment Product Features and Attributes
11.1.4 Plug Power Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.1.5 Plug Power Hydrogen Equipment Revenue by Product in 2024
11.1.6 Plug Power Hydrogen Equipment Revenue by Application in 2024
11.1.7 Plug Power Hydrogen Equipment Revenue by Geographic Area in 2024
11.1.8 Plug Power Hydrogen Equipment SWOT Analysis
11.1.9 Plug Power Recent Developments
11.2 718th Research Institute of CSIC
11.2.1 718th Research Institute of CSIC Corporation Information
11.2.2 718th Research Institute of CSIC Business Overview
11.2.3 718th Research Institute of CSIC Hydrogen Equipment Product Features and Attributes
11.2.4 718th Research Institute of CSIC Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.2.5 718th Research Institute of CSIC Hydrogen Equipment Revenue by Product in 2024
11.2.6 718th Research Institute of CSIC Hydrogen Equipment Revenue by Application in 2024
11.2.7 718th Research Institute of CSIC Hydrogen Equipment Revenue by Geographic Area in 2024
11.2.8 718th Research Institute of CSIC Hydrogen Equipment SWOT Analysis
11.2.9 718th Research Institute of CSIC Recent Developments
11.3 Sungrow Power Supply
11.3.1 Sungrow Power Supply Corporation Information
11.3.2 Sungrow Power Supply Business Overview
11.3.3 Sungrow Power Supply Hydrogen Equipment Product Features and Attributes
11.3.4 Sungrow Power Supply Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.3.5 Sungrow Power Supply Hydrogen Equipment Revenue by Product in 2024
11.3.6 Sungrow Power Supply Hydrogen Equipment Revenue by Application in 2024
11.3.7 Sungrow Power Supply Hydrogen Equipment Revenue by Geographic Area in 2024
11.3.8 Sungrow Power Supply Hydrogen Equipment SWOT Analysis
11.3.9 Sungrow Power Supply Recent Developments
11.4 Longi Green Energy Technology
11.4.1 Longi Green Energy Technology Corporation Information
11.4.2 Longi Green Energy Technology Business Overview
11.4.3 Longi Green Energy Technology Hydrogen Equipment Product Features and Attributes
11.4.4 Longi Green Energy Technology Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.4.5 Longi Green Energy Technology Hydrogen Equipment Revenue by Product in 2024
11.4.6 Longi Green Energy Technology Hydrogen Equipment Revenue by Application in 2024
11.4.7 Longi Green Energy Technology Hydrogen Equipment Revenue by Geographic Area in 2024
11.4.8 Longi Green Energy Technology Hydrogen Equipment SWOT Analysis
11.4.9 Longi Green Energy Technology Recent Developments
11.5 ThyssenKrupp
11.5.1 ThyssenKrupp Corporation Information
11.5.2 ThyssenKrupp Business Overview
11.5.3 ThyssenKrupp Hydrogen Equipment Product Features and Attributes
11.5.4 ThyssenKrupp Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.5.5 ThyssenKrupp Hydrogen Equipment Revenue by Product in 2024
11.5.6 ThyssenKrupp Hydrogen Equipment Revenue by Application in 2024
11.5.7 ThyssenKrupp Hydrogen Equipment Revenue by Geographic Area in 2024
11.5.8 ThyssenKrupp Hydrogen Equipment SWOT Analysis
11.5.9 ThyssenKrupp Recent Developments
11.6 Nel Hydrogen
11.6.1 Nel Hydrogen Corporation Information
11.6.2 Nel Hydrogen Business Overview
11.6.3 Nel Hydrogen Hydrogen Equipment Product Features and Attributes
11.6.4 Nel Hydrogen Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.6.5 Nel Hydrogen Recent Developments
11.7 Cockerill Jingli Hydrogen
11.7.1 Cockerill Jingli Hydrogen Corporation Information
11.7.2 Cockerill Jingli Hydrogen Business Overview
11.7.3 Cockerill Jingli Hydrogen Hydrogen Equipment Product Features and Attributes
11.7.4 Cockerill Jingli Hydrogen Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.7.5 Cockerill Jingli Hydrogen Recent Developments
11.8 Hydrogen Pro
11.8.1 Hydrogen Pro Corporation Information
11.8.2 Hydrogen Pro Business Overview
11.8.3 Hydrogen Pro Hydrogen Equipment Product Features and Attributes
11.8.4 Hydrogen Pro Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.8.5 Hydrogen Pro Recent Developments
11.9 TianJin Mainland
11.9.1 TianJin Mainland Corporation Information
11.9.2 TianJin Mainland Business Overview
11.9.3 TianJin Mainland Hydrogen Equipment Product Features and Attributes
11.9.4 TianJin Mainland Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.9.5 TianJin Mainland Recent Developments
11.10 SANY Hydrogen
11.10.1 SANY Hydrogen Corporation Information
11.10.2 SANY Hydrogen Business Overview
11.10.3 SANY Hydrogen Hydrogen Equipment Product Features and Attributes
11.10.4 SANY Hydrogen Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.10.5 Company Ten Recent Developments
11.11 Siemens
11.11.1 Siemens Corporation Information
11.11.2 Siemens Business Overview
11.11.3 Siemens Hydrogen Equipment Product Features and Attributes
11.11.4 Siemens Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.11.5 Siemens Recent Developments
11.12 Yangzhou Chungdean Hydrogen Equipment
11.12.1 Yangzhou Chungdean Hydrogen Equipment Corporation Information
11.12.2 Yangzhou Chungdean Hydrogen Equipment Business Overview
11.12.3 Yangzhou Chungdean Hydrogen Equipment Hydrogen Equipment Product Features and Attributes
11.12.4 Yangzhou Chungdean Hydrogen Equipment Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.12.5 Yangzhou Chungdean Hydrogen Equipment Recent Developments
11.13 McPhy
11.13.1 McPhy Corporation Information
11.13.2 McPhy Business Overview
11.13.3 McPhy Hydrogen Equipment Product Features and Attributes
11.13.4 McPhy Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.13.5 McPhy Recent Developments
11.14 Beijing Zhongdian
11.14.1 Beijing Zhongdian Corporation Information
11.14.2 Beijing Zhongdian Business Overview
11.14.3 Beijing Zhongdian Hydrogen Equipment Product Features and Attributes
11.14.4 Beijing Zhongdian Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.14.5 Beijing Zhongdian Recent Developments
11.15 Cummins
11.15.1 Cummins Corporation Information
11.15.2 Cummins Business Overview
11.15.3 Cummins Hydrogen Equipment Product Features and Attributes
11.15.4 Cummins Hydrogen Equipment Revenue and Gross Margin (2020-2025)
11.15.5 Cummins Recent Developments
12 Hydrogen EquipmentIndustry Chain Analysis
12.1 Hydrogen Equipment Industry Chain
12.2 Upstream Analysis
12.2.1 Upstream Key Suppliers
12.3 Middlestream Analysis
12.4 Downstream Sales Model and Distribution Networks
12.4.1 Sales Channels
12.4.2 Distributors
13 Hydrogen Equipment Market Dynamics
13.1 Industry Trends and Evolution
13.2 Market Growth Drivers and Emerging Opportunities
13.3 Market Challenges, Risks, and Restraints
14 Key Findings in the Global Hydrogen Equipment Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Author Details
FEATURED COMPANIES
Plug Power
718th Research Institute of CSIC
Sungrow Power Supply
LONGi Green Energy Technology
Thyssenkrupp AG
Nel Hydrogen
Cockerill Jingli Hydrogen
Hydrogen Pro
TianJin Mainland
SANY Hydrogen
Siemens AG
Yangzhou Chungdean Hydrogen Equipment
McPhy
Beijing Zhongdian
Cummins
List of Tables
 Table 1. Global Hydrogen Equipment Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Table 2. Global Hydrogen Equipment Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Table 3. Global Hydrogen Equipment Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 4. Global Hydrogen Equipment Revenue by Region (2020-2025) & (US$ Million)
 Table 5. Global Hydrogen Equipment Revenue by Region (2026-2031) & (US$ Million)
 Table 6. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 7. Global Hydrogen Equipment Revenue by Players (2020-2025) & (US$ Million)
 Table 8. Global Hydrogen Equipment Revenue Market Share by Players (2020-2025)
 Table 9. Global Key Players’Ranking Shift (2023 vs. 2024) (Based on Revenue)
 Table 10. Global Hydrogen Equipment by Player Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Hydrogen Equipment as of 2024)
 Table 11. Global Hydrogen Equipment Average Gross Margin (%) by Player (2020 VS 2024)
 Table 12. Global Hydrogen Equipment Companies Headquarters
 Table 13. Global Hydrogen Equipment Market Concentration Ratio (CR5 and HHI)
 Table 14. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
 Table 15. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
 Table 16. Global Hydrogen Equipment Revenue by Type (2020-2025) & (US$ Million)
 Table 17. Global Hydrogen Equipment Revenue by Type (2026-2031) & (US$ Million)
 Table 18. Key Product Attributes and Differentiation
 Table 19. Global Hydrogen Equipment Revenue by Application (2020-2025) & (US$ Million)
 Table 20. Global Hydrogen Equipment Revenue by Application (2026-2031) & (US$ Million)
 Table 21. Hydrogen Equipment High-Growth Sectors Demand CAGR (2024-2031)
 Table 22. Top Customers by Region
 Table 23. Top Customers by Application
 Table 24. North America Hydrogen Equipment Growth Accelerators and Market Barriers
 Table 25. North America Hydrogen Equipment Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 26. Europe Hydrogen Equipment Growth Accelerators and Market Barriers
 Table 27. Europe Hydrogen Equipment Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 28. Asia-Pacific Hydrogen Equipment Growth Accelerators and Market Barriers
 Table 29. Asia-Pacific Hydrogen Equipment Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 30. Central and South America Hydrogen Equipment Investment Opportunities and Key Challenges
 Table 31. Central and South America Hydrogen Equipment Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 32. Middle East and Africa Hydrogen Equipment Investment Opportunities and Key Challenges
 Table 33. Middle East and Africa Hydrogen Equipment Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 34. Plug Power Corporation Information
 Table 35. Plug Power Description and Major Businesses
 Table 36. Plug Power Product Features and Attributes
 Table 37. Plug Power Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 38. Plug Power Revenue Proportion by Product in 2024
 Table 39. Plug Power Revenue Proportion by Application in 2024
 Table 40. Plug Power Revenue Proportion by Geographic Area in 2024
 Table 41. Plug Power Hydrogen Equipment SWOT Analysis
 Table 42. Plug Power Recent Developments
 Table 43. 718th Research Institute of CSIC Corporation Information
 Table 44. 718th Research Institute of CSIC Description and Major Businesses
 Table 45. 718th Research Institute of CSIC Product Features and Attributes
 Table 46. 718th Research Institute of CSIC Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 47. 718th Research Institute of CSIC Revenue Proportion by Product in 2024
 Table 48. 718th Research Institute of CSIC Revenue Proportion by Application in 2024
 Table 49. 718th Research Institute of CSIC Revenue Proportion by Geographic Area in 2024
 Table 50. 718th Research Institute of CSIC Hydrogen Equipment SWOT Analysis
 Table 51. 718th Research Institute of CSIC Recent Developments
 Table 52. Sungrow Power Supply Corporation Information
 Table 53. Sungrow Power Supply Description and Major Businesses
 Table 54. Sungrow Power Supply Product Features and Attributes
 Table 55. Sungrow Power Supply Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 56. Sungrow Power Supply Revenue Proportion by Product in 2024
 Table 57. Sungrow Power Supply Revenue Proportion by Application in 2024
 Table 58. Sungrow Power Supply Revenue Proportion by Geographic Area in 2024
 Table 59. Sungrow Power Supply Hydrogen Equipment SWOT Analysis
 Table 60. Sungrow Power Supply Recent Developments
 Table 61. Longi Green Energy Technology Corporation Information
 Table 62. Longi Green Energy Technology Description and Major Businesses
 Table 63. Longi Green Energy Technology Product Features and Attributes
 Table 64. Longi Green Energy Technology Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 65. Longi Green Energy Technology Revenue Proportion by Product in 2024
 Table 66. Longi Green Energy Technology Revenue Proportion by Application in 2024
 Table 67. Longi Green Energy Technology Revenue Proportion by Geographic Area in 2024
 Table 68. Longi Green Energy Technology Hydrogen Equipment SWOT Analysis
 Table 69. Longi Green Energy Technology Recent Developments
 Table 70. ThyssenKrupp Corporation Information
 Table 71. ThyssenKrupp Description and Major Businesses
 Table 72. ThyssenKrupp Product Features and Attributes
 Table 73. ThyssenKrupp Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 74. ThyssenKrupp Revenue Proportion by Product in 2024
 Table 75. ThyssenKrupp Revenue Proportion by Application in 2024
 Table 76. ThyssenKrupp Revenue Proportion by Geographic Area in 2024
 Table 77. ThyssenKrupp Hydrogen Equipment SWOT Analysis
 Table 78. ThyssenKrupp Recent Developments
 Table 79. Nel Hydrogen Corporation Information
 Table 80. Nel Hydrogen Description and Major Businesses
 Table 81. Nel Hydrogen Product Features and Attributes
 Table 82. Nel Hydrogen Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 83. Nel Hydrogen Recent Developments
 Table 84. Cockerill Jingli Hydrogen Corporation Information
 Table 85. Cockerill Jingli Hydrogen Description and Major Businesses
 Table 86. Cockerill Jingli Hydrogen Product Features and Attributes
 Table 87. Cockerill Jingli Hydrogen Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 88. Cockerill Jingli Hydrogen Recent Developments
 Table 89. Hydrogen Pro Corporation Information
 Table 90. Hydrogen Pro Description and Major Businesses
 Table 91. Hydrogen Pro Product Features and Attributes
 Table 92. Hydrogen Pro Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 93. Hydrogen Pro Recent Developments
 Table 94. TianJin Mainland Corporation Information
 Table 95. TianJin Mainland Description and Major Businesses
 Table 96. TianJin Mainland Product Features and Attributes
 Table 97. TianJin Mainland Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 98. TianJin Mainland Recent Developments
 Table 99. SANY Hydrogen Corporation Information
 Table 100. SANY Hydrogen Description and Major Businesses
 Table 101. SANY Hydrogen Product Features and Attributes
 Table 102. SANY Hydrogen Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 103. SANY Hydrogen Recent Developments
 Table 104. Siemens Corporation Information
 Table 105. Siemens Description and Major Businesses
 Table 106. Siemens Product Features and Attributes
 Table 107. Siemens Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 108. Siemens Recent Developments
 Table 109. Yangzhou Chungdean Hydrogen Equipment Corporation Information
 Table 110. Yangzhou Chungdean Hydrogen Equipment Description and Major Businesses
 Table 111. Yangzhou Chungdean Hydrogen Equipment Product Features and Attributes
 Table 112. Yangzhou Chungdean Hydrogen Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 113. Yangzhou Chungdean Hydrogen Equipment Recent Developments
 Table 114. McPhy Corporation Information
 Table 115. McPhy Description and Major Businesses
 Table 116. McPhy Product Features and Attributes
 Table 117. McPhy Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 118. McPhy Recent Developments
 Table 119. Beijing Zhongdian Corporation Information
 Table 120. Beijing Zhongdian Description and Major Businesses
 Table 121. Beijing Zhongdian Product Features and Attributes
 Table 122. Beijing Zhongdian Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 123. Beijing Zhongdian Recent Developments
 Table 124. Cummins Corporation Information
 Table 125. Cummins Description and Major Businesses
 Table 126. Cummins Product Features and Attributes
 Table 127. Cummins Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 128. Cummins Recent Developments
 Table 129. Raw Materials Key Suppliers
 Table 130. Distributors List
 Table 131. Market Trends and Market Evolution
 Table 132. Market Drivers and Opportunities
 Table 133. Market Challenges, Risks, and Restraints
 Table 134. Research Programs/Design for This Report
 Table 135. Key Data Information from Secondary Sources
 Table 136. Key Data Information from Primary Sources


List of Figures
 Figure 1. Hydrogen Equipment Product Picture
 Figure 2. Global Hydrogen Equipment Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Electrolyzer Stacks Product Picture
 Figure 4. Industrial Hydrogen Generators Product Picture
 Figure 5. Humidification Systems Product Picture
 Figure 6. Others Product Picture
 Figure 7. Global Hydrogen Equipment Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 8. Chemical Industry and Refining
 Figure 9. Power to Gas
 Figure 10. Hydrogen Refueling Station
 Figure 11. Power Industry
 Figure 12. Electronics and Semiconductor
 Figure 13. Steel Plant
 Figure 14. Others
 Figure 15. Hydrogen Equipment Report Years Considered
 Figure 16. Global Hydrogen Equipment Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 17. Global Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 18. Global Hydrogen Equipment Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 19. Global Hydrogen Equipment Revenue Market Share by Region (2020-2031)
 Figure 20. Global Hydrogen Equipment Revenue Market Share Ranking (2024)
 Figure 21. Tier Distribution by Revenue Contribution (2020 VS 2024)
 Figure 22. Electrolyzer Stacks Revenue Market Share by Player in 2024
 Figure 23. Industrial Hydrogen Generators Revenue Market Share by Player in 2024
 Figure 24. Humidification Systems Revenue Market Share by Player in 2024
 Figure 25. Others Revenue Market Share by Player in 2024
 Figure 26. Global Hydrogen Equipment Revenue Market Share by Type (2020-2031)
 Figure 27. Global Hydrogen Equipment Revenue Market Share by Application (2020-2031)
 Figure 28. North America Hydrogen Equipment Revenue YoY (2020-2031) & (US$ Million)
 Figure 29. North America Top 5 Players Hydrogen Equipment Revenue (US$ Million) in 2024
 Figure 30. North America Hydrogen Equipment Revenue (US$ Million) by Type (2020 - 2031)
 Figure 31. North America Hydrogen Equipment Revenue (US$ Million) by Application (2020-2031)
 Figure 32. US Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 33. Canada Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 34. Mexico Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 35. Europe Hydrogen Equipment Revenue YoY (2020-2031) & (US$ Million)
 Figure 36. Europe Top 5 Players Hydrogen Equipment Revenue (US$ Million) in 2024
 Figure 37. Europe Hydrogen Equipment Revenue (US$ Million) by Type (2020-2031)
 Figure 38. Europe Hydrogen Equipment Revenue (US$ Million) by Application (2020-2031)
 Figure 39. Germany Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 40. France Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 41. U.K. Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 42. Italy Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 43. Russia Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 44. Asia-Pacific Hydrogen Equipment Revenue YoY (2020-2031) & (US$ Million)
 Figure 45. Asia-Pacific Top 8 Players Hydrogen Equipment Revenue (US$ Million) in 2024
 Figure 46. Asia-Pacific Hydrogen Equipment Revenue (US$ Million) by Type (2020-2031)
 Figure 47. Asia-Pacific Hydrogen Equipment Revenue (US$ Million) by Application (2020-2031)
 Figure 48. Indonesia Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 49. Japan Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 50. South Korea Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 51. Australia Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 52. India Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 53. Indonesia Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 54. Vietnam Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 55. Malaysia Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 56. Philippines Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 57. Singapore Hydrogen Equipment Revenue (2020-2031) & (US$ Million)
 Figure 58. Central and South America Hydrogen Equipment Revenue YoY (2020-2031) & (US$ Million)
 Figure 59. Central and South America Top 5 Players Hydrogen Equipment Revenue (US$ Million) in 2024
 Figure 60. Central and South America Hydrogen Equipment Revenue (US$ Million) by Type (2020-2031)
 Figure 61. Central and South America Hydrogen Equipment Revenue (US$ Million) by Application (2020-2031)
 Figure 62. Brazil Hydrogen Equipment Revenue (2020-2025) & (US$ Million)
 Figure 63. Argentina Hydrogen Equipment Revenue (2020-2025) & (US$ Million)
 Figure 64. Middle East and Africa Hydrogen Equipment Revenue YoY (2020-2031) & (US$ Million)
 Figure 65. Middle East and Africa Top 5 Players Hydrogen Equipment Revenue (US$ Million) in 2024
 Figure 66. South America Hydrogen Equipment Revenue (US$ Million) by Type (2020-2031)
 Figure 67. Middle East and Africa Hydrogen Equipment Revenue (US$ Million) by Application (2020-2031)
 Figure 68. GCC Countries Hydrogen Equipment Revenue (2020-2025) & (US$ Million)
 Figure 69. Israel Hydrogen Equipment Revenue (2020-2025) & (US$ Million)
 Figure 70. Egypt Hydrogen Equipment Revenue (2020-2025) & (US$ Million)
 Figure 71. South Africa Hydrogen Equipment Revenue (2020-2025) & (US$ Million)
 Figure 72. Hydrogen Equipment Industry Chain Mapping
 Figure 73. Channels of Distribution (Direct Vs Distribution)
 Figure 74. Bottom-up and Top-down Approaches for This Report
 Figure 75. Data Triangulation
 Figure 76. Key Executives Interviewed
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