Global Hydrogen Storage and Distribution Technology Market Growth (Status and Outlook) 2023-2029

Global Hydrogen Storage and Distribution Technology Market Growth (Status and Outlook) 2023-2029

Product Code:462683

Published Date: Feb 08,2023

Pages: 112

Region: Global

Category: Energy & Power

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At present, there are three main paths for global hydrogen storage: high-pressure gaseous hydrogen storage, low-temperature liquid hydrogen storage, and solid-state hydrogen storage (physical adsorption and chemical hydride). High-pressure gaseous hydrogen storage technology, low-temperature liquid hydrogen storage technology, solid hydrogen storage technology and organic liquid hydrogen storage technology are the four common hydrogen storage technologies.

LPI (LP Information)' newest research report, the “Hydrogen Storage and Distribution Technology Industry Forecast” looks at past sales and reviews total world Hydrogen Storage and Distribution Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydrogen Storage and Distribution Technology sales for 2023 through 2029. With Hydrogen Storage and Distribution Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen Storage and Distribution Technology industry.

This Insight Report provides a comprehensive analysis of the global Hydrogen Storage and Distribution Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrogen Storage and Distribution Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogen Storage and Distribution Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen Storage and Distribution Technology and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrogen Storage and Distribution Technology.

The global Hydrogen Storage and Distribution Technology market size is projected to grow from US$ 1143.8 million in 2022 to US$ 4482.9 million in 2029; it is expected to grow at a CAGR of 21.5% from 2023 to 2029.

Global key players of hydrogen storage and distribution technology include Iljin Hysolus Co., Hexagon Composites, etc. The top 5 companies hold a share about 22%. Europe is the largest market, with a share about 34%, followed by North America and Asia Pacific with the share about 28% and 27%.In terms of product, compressed gas is the largest segment, with a share over 60%. And in terms of application, the largest application is chemical, followed by new energy automobile.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen Storage and Distribution Technology market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Compressed Gas
    Cold Compressed Liquid Hydrogen
    Solid Compound Hydrogen Storage and Distribution
    Organic Liquid Hydrogen Storage and Distribution

Segmentation by application
    New Energy Automobile
    Aerospace
    Chemical
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Iljin Hysolus
    Iwatani
    The Japan Steel Works
    Chart Industries
    Toyota
    Gardner Cryogenics
    Faurecia
    Hexagon Composites
    CLD
    Faber Industrie
    Jiangsu Guofu Hydrogen Energy Equipment
    Kawasaki
    PRAGMA INDUSTRIES
    Whole Win (Beijing) Materials Sci. & Tech
    Hydrogenious Technologies
    Chiyoda Corporation
    Hynertech Co Ltd