Analyst Insight: Hydrogen End Users

Hydrogen has become the buzzword of the 2020s. Some pundits laud it as the “new oil,” while others dismiss it as nothing but a hype and a bubble. So where does it lie? Probably somewhere in the middle. It will be integral to decarbonizing certain sectors, for example in industrial uses such as steel making and methanation. For other cases, such as light duty mobility, electrification, and batteries have already taken the technological lead and will remain that way. Space for hydrogen and its derivatives remain in the heavy-duty transport sector, particularly for HGVs and long-haul shipping.

Big hype certainly surrounds hydrogen. New gigawatt projects are announced every week, with ever more ambitious targets. Many will never get funding nor come to fruition. Guidehouse Insights has tried to mitigate the uncertainty of the market by considering several considerations when tracking projects and gathering data, including project status and year operational, funding entities and amount funded, and end users.

This first iteration of Guidehouse Insights’ Hydrogen Electrolyzer Tracker’s Analyst Insight will focus on the hydrogen economy’s end users, giving an executive summary of the findings of the tracker, market inflection trends, market drivers and barriers, and a regional market overview before giving recommendations to help stimulate the adoption of hydrogen in various use cases.