Global Electrochemical Hydrogen Compressors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electrochemical Hydrogen Compressors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An electrochemical hydrogen compressor is a hydrogen compressor where hydrogen is supplied to the anode, and compressed hydrogen is collected at the cathode with an energy efficiency up to and even beyond 80% for pressures up to 10,000 psi or 700 bars.An important emerging application for electrochemical hydrogen compressors is the fueling of fuel cell vehicles and related energy uses for hydrogen. Currently, compressors are one of the largest capital and operating costs of hydrogen fueling stations, requiring redundancy and added expense for down time and repairs. Reliable and cost effective alternatives to standard mechanical hydrogen compressors are being sought.

According to our (Global Info Research) latest study, the global Electrochemical Hydrogen Compressors market size was valued at US$ 13.5 million in 2023 and is forecast to a readjusted size of USD 82.7 million by 2030 with a CAGR of 28.8% during review period.

The main global electrochemical hydrogen compressor manufacturers are distributed in the United States. HyET is the world's largest producer of electrochemical hydrogen compressors with over 37% of the market share, with other major players such as Skyre, Giner ELX and FFI Ionix. Americas is the largest market, which has a share about 37%, followed by Europe and Asia-Pacific, with 32% and 31% market share respectively. In terms of product type, electrochemical hydrogen compressors with an output pressure range of up to 500 Bar are the largest segment with a share of 64%, and chemical has a share of 43% approxiamtely, which is the largest segment in terms of application.

This report is a detailed and comprehensive analysis for global Electrochemical Hydrogen Compressors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Electrochemical Hydrogen Compressors market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Electrochemical Hydrogen Compressors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Electrochemical Hydrogen Compressors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Electrochemical Hydrogen Compressors market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Electrochemical Hydrogen Compressors

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Electrochemical Hydrogen Compressors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include HyET, Skyre, Giner ELX, FFI Ionix, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electrochemical Hydrogen Compressors market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Outlet Pressure Range: below 500 Bar
Outlet Pressure Range: 500 - 1000 Bar
Outlet Pressure Range: above 1000 Bar

Market segment by Application
Chemical
Oil & Gas
Stations
Others

Major players covered
HyET
Skyre
Giner ELX
FFI Ionix

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electrochemical Hydrogen Compressors product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electrochemical Hydrogen Compressors, with price, sales quantity, revenue, and global market share of Electrochemical Hydrogen Compressors from 2019 to 2024.

Chapter 3, the Electrochemical Hydrogen Compressors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electrochemical Hydrogen Compressors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Electrochemical Hydrogen Compressors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electrochemical Hydrogen Compressors.

Chapter 14 and 15, to describe Electrochemical Hydrogen Compressors sales channel, distributors, customers, research findings and conclusion.