Global Hydrogen Energy Storage Systems Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Hydrogen Energy Storage Systems Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our latest research, the global Hydrogen Energy Storage Systems market size will reach USD million in 2030, growing at a CAGR of % over the analysis period.

Hydrogen energy storage is another form of chemical energy storage in which electrical power is converted into hydrogen. This energy can then be released again by using the gas as fuel in a combustion engine or a fuel cell.

The Hydrogen Energy Storage Systems market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.

According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.

According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 140%.

Market segmentation

Hydrogen Energy Storage Systems market is split by Type and by Application. For the period 2024-2030, the growth among segments provide accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type, covers
Liquid
Gas
Solid

Market segment by Application, can be divided into
Industrial
Commercial
Utilities

Market segment by players, this report covers
Air Liquide
Linde
Air Products and Chemicals
ITM Power
Hydrogenics
Worthington Industries
Chart Industries
Hexagon Composites
FuelCell Energy
Nel Hydrogen
Plug Power
LAVO
GKN
Toshiba
Faurecia

Market segment by regions, regional analysis covers
North America
Europe
Asia-Pacific (China, Japan, South Korea, Rest of Asia-Pacific)
South America
Middle East & Africa

The content of the study subjects, includes a total of 8 chapters:

Chapter 1, to describe Hydrogen Energy Storage Systems product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top players of Hydrogen Energy Storage Systems, with recent developments and future plans

Chapter 3, the Hydrogen Energy Storage Systems competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4, to break the market size data at the region level, with key companies in the key region and Hydrogen Energy Storage Systems market forecast, by regions, with revenue, from 2024 to 2030.

Chapter 5 and 6, to segment the market size by Type and application, with revenue and growth rate by Type, application, from 2024 to 2030.

Chapter 7 and 8, to describe Hydrogen Energy Storage Systems research findings and conclusion, appendix and data source.