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The hydrogen storage market is forecasted to grow by USD 4.35 billion during 2023-2028, accelerating at a CAGR of 5.62% during the forecast period. The report on the hydrogen storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased usage of hydrogen storage tanks in transportation application, growing demand for fertilizers, and growth in refining capacity.
The hydrogen storage market is segmented as below:
By Type
- Physical
- Material-based
By Application
- Chemicals
- Oil refining
- Industrial
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the hydrogen storage market covers the following areas:
- Hydrogen storage market sizing
- Hydrogen storage market forecast
- Hydrogen storage market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global hydrogen storage market: Air Liquide SA, Air Products and Chemicals Inc., American Elements, Calvera Maquinaria e Instalaciones S.L., Chart Industries Inc., Cummins Inc., HBank Technologies Inc., Hexagon Composites ASA, HPS Home Power Solutions GmbH, Hydrexia, Hydrogen In Motion Inc., Inox Leasing and Finance Ltd., Linde Plc, Luxfer Holdings Plc, McPhy Energy SA, Plug Power Inc., PRAGMA INDUSTRIES, Quantum Fuel Systems Technologies Worldwide Inc., SAS HySiLabs, and Worthington Industries Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of new applications for hydrogen-powered fuel cells."
According to the report, one of the major drivers for this market is the increased usage of hydrogen storage tanks in transportation application.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Air Liquide SA
- Air Products and Chemicals Inc.
- American Elements
- Calvera Maquinaria e Instalaciones S.L.
- Chart Industries Inc.
- Cummins Inc.
- HBank Technologies Inc.
- Hexagon Composites ASA
- HPS Home Power Solutions GmbH
- Hydrexia
- Hydrogen In Motion Inc.
- Inox Leasing and Finance Ltd.
- Linde Plc
- Luxfer Holdings Plc
- McPhy Energy SA
- Plug Power Inc.
- PRAGMA INDUSTRIES
- Quantum Fuel Systems Technologies Worldwide Inc.
- SAS HySiLabs
- Worthington Industries Inc.
