Hydrogen to Power Market Size, Share & Industry Analysis, By Technology (Fuel Cells, Gas Turbines, and Others), By End-User (Transportation, Industrial, Power Plants, and Others), and Regional Forecast, 2026-2034

Last Updated: January 19, 2026 | Format: PDF | Report ID: FBI109449

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Table of Content

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions & Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends – For Major Countries
2. Latest Technological Advancement
3. Insight on Regulatory Landscape
4. Porters Five Forces Analysis
5. Impact of COVID-19 on the Hydrogen to Power Market
Global Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
4. Market Analysis, Insights, and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of World
North America Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
4. Market Analysis, Insights, and Forecast – By Country
  1. U.S.
  2. Canada
Europe Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
4. Market Analysis, Insights, and Forecast – By Country
  1. UK
  2. Germany
  3. France
  4. Italy
  5. Sweden
  6. Rest of Europe
Asia Pacific Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
4. Market Analysis, Insights, and Forecast – By Country
  1. China
  2. Japan
  3. India
  4. South Korea
  5. Australia
  6. Rest of Asia Pacific
Rest of World Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
Competitive Analysis
1. Company Market Share Analysis, 2025
2. Company Profile
  1. Toshiba Corporation
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  2. ITM Power
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  3. McPhy Energy S.A.
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  4. Nel Hydrogen
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  5. Ballard Power Systems
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  6. Plug Power
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  7. Fuel Cell Energy
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  8. Bloom Energy
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  9. Siemens Energy
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  10. General Electric.
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  11. Doosan Fuel Cell Co., Ltd
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions & Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends – For Major Countries
2. Latest Technological Advancement
3. Insight on Regulatory Landscape
4. Porters Five Forces Analysis
5. Impact of COVID-19 on the Hydrogen to Power Market
Global Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
4. Market Analysis, Insights, and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of World
North America Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
4. Market Analysis, Insights, and Forecast – By Country
  1. U.S.
  2. Canada
Europe Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
4. Market Analysis, Insights, and Forecast – By Country
  1. UK
  2. Germany
  3. France
  4. Italy
  5. Sweden
  6. Rest of Europe
Asia Pacific Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
4. Market Analysis, Insights, and Forecast – By Country
  1. China
  2. Japan
  3. India
  4. South Korea
  5. Australia
  6. Rest of Asia Pacific
Rest of World Hydrogen to Power Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Fuel Cell
  2. Gas Turbine
  3. Others
3. Market Analysis, Insights, and Forecast – By End-User
  1. Transportation
  2. Industrial
  3. Power Plants
  4. Others
Competitive Analysis
1. Company Market Share Analysis, 2025
2. Company Profile
  1. Toshiba Corporation
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  2. ITM Power
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  3. McPhy Energy S.A.
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  4. Nel Hydrogen
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  5. Ballard Power Systems
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  6. Plug Power
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  7. Fuel Cell Energy
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  8. Bloom Energy
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  9. Siemens Energy
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  10. General Electric.
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  11. Doosan Fuel Cell Co., Ltd
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)

Read Less

List of Figures

Figure 1: Global Hydrogen to Power Market Revenue Breakdown (USD Billion, %) by Region, 2025 & 2034

Figure 2: Global Hydrogen to Power Market Value Share (%), By Technology, 2025 & 2034

Figure 3: Global Hydrogen to Power Market Forecast (USD Billion), by Fuel Cells, 2021-2034

Figure 4: Global Hydrogen to Power Market Forecast (USD Billion), by Gas Turbines, 2021-2034

Figure 5: Global Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 6: Global Hydrogen to Power Market Value Share (%), By End-User, 2025 & 2034

Figure 7: Global Hydrogen to Power Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 8: Global Hydrogen to Power Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 9: Global Hydrogen to Power Market Forecast (USD Billion), by Power Plants, 2021-2034

Figure 10: Global Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 11: Global Hydrogen to Power Market Value (USD Billion), by Region, 2025 & 2034

Figure 12: Global Hydrogen to Power Market Value Share (%), by Region, 2025

Figure 13: North America Hydrogen to Power Market Forecast (USD Billion), by Fuel Cells, 2021-2034

Figure 14: North America Hydrogen to Power Market Forecast (USD Billion), by Gas Turbines, 2021-2034

Figure 15: North America Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 16: North America Hydrogen to Power Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 17: North America Hydrogen to Power Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 18: North America Hydrogen to Power Market Forecast (USD Billion), by Power Plants, 2021-2034

Figure 19: North America Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 20: North America Hydrogen to Power Market Value (USD Billion), by Country, 2025 & 2034

Figure 21: North America Hydrogen to Power Market Value Share (%), by Country, 2025

Figure 22: Europe Hydrogen to Power Market Forecast (USD Billion), by Fuel Cells, 2021-2034

Figure 23: Europe Hydrogen to Power Market Forecast (USD Billion), by Gas Turbines, 2021-2034

Figure 24: Europe Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 25: Europe Hydrogen to Power Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 26: Europe Hydrogen to Power Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 27: Europe Hydrogen to Power Market Forecast (USD Billion), by Power Plants, 2021-2034

Figure 28: Europe Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 29: Europe Hydrogen to Power Market Value (USD Billion), by Country, 2025 & 2034

Figure 30: Europe Hydrogen to Power Market Value Share (%), by Country, 2025

Figure 31: Asia Pacific Hydrogen to Power Market Forecast (USD Billion), by Fuel Cells, 2021-2034

Figure 32: Asia Pacific Hydrogen to Power Market Forecast (USD Billion), by Gas Turbines, 2021-2034

Figure 33: Asia Pacific Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 34: Asia Pacific Hydrogen to Power Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 35: Asia Pacific Hydrogen to Power Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 36: Asia Pacific Hydrogen to Power Market Forecast (USD Billion), by Power Plants, 2021-2034

Figure 37: Asia Pacific Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 38: Asia Pacific Hydrogen to Power Market Value (USD Billion), by Country, 2025 & 2034

Figure 39: Asia Pacific Hydrogen to Power Market Value Share (%), by Country, 2025

Figure 40: Rest of World Hydrogen to Power Market Forecast (USD Billion), by Fuel Cells, 2021-2034

Figure 41: Rest of World Hydrogen to Power Market Forecast (USD Billion), by Gas Turbines, 2021-2034

Figure 42: Rest of World Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 43: Rest of World Hydrogen to Power Market Forecast (USD Billion), by Transportation, 2021-2034

Figure 44: Rest of World Hydrogen to Power Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 45: Rest of World Hydrogen to Power Market Forecast (USD Billion), by Power Plants, 2021-2034

Figure 46: Rest of World Hydrogen to Power Market Forecast (USD Billion), by Others, 2021-2034

Figure 47: Company Market Share Analysis (%), 2025

List of Tables

Table 1: Global Hydrogen to Power Market Revenue (USD Billion) Forecast, By Technology, 2021–2034

Table 2: Global Hydrogen to Power Market Revenue (USD Billion) Forecast, By End-User, 2021–2034

Table 3: Global Hydrogen to Power Market Revenue (USD Billion) Forecast, By Region, 2021–2034

Table 4: North America Hydrogen to Power Market Revenue (USD Billion) Forecast, By Technology, 2021–2034

Table 5: North America Hydrogen to Power Market Revenue (USD Billion) Forecast, By End-User, 2021–2034

Table 6: North America Hydrogen to Power Market Revenue (USD Billion) Forecast, By Country, 2021–2034

Table 7: Europe Hydrogen to Power Market Revenue (USD Billion) Forecast, By Technology, 2021–2034

Table 8: Europe Hydrogen to Power Market Revenue (USD Billion) Forecast, By End-User, 2021–2034

Table 9: Europe Hydrogen to Power Market Revenue (USD Billion) Forecast, By Country, 2021–2034

Table 10: Asia Pacific Hydrogen to Power Market Revenue (USD Billion) Forecast, By Technology, 2021–2034

Table 11: Asia Pacific Hydrogen to Power Market Revenue (USD Billion) Forecast, By End-User, 2021–2034

Table 12: Asia Pacific Hydrogen to Power Market Revenue (USD Billion) Forecast, By Country, 2021–2034

Table 13: Rest of World Hydrogen to Power Market Revenue (USD Billion) Forecast, By Technology, 2021–2034

Table 14: Rest of World Hydrogen to Power Market Revenue (USD Billion) Forecast, By End-User, 2021–2034

STUDY PERIOD: 2021-2034
BASE YEAR: 2025
HISTORICAL DATA: 2021-2024
NO OF PAGES: 150

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