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

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

According to our (Global Info Research) latest study, the global Hydrogen Storage market size was valued at USD 578.6 million in 2023 and is forecast to a readjusted size of USD 893.9 million by 2030 with a CAGR of 6.4% during review period.

Methods of hydrogen storage for subsequent use span many approaches including high pressures, cryogenics, and chemical compounds that reversibly release H2 upon heating. Underground hydrogen storage is useful to provide grid energy storage for intermittent energy sources, like wind power, as well as providing fuel for transportation, particularly for ships and airplanes.

The cylinder segment is estimated to be the largest storage type segment during the forecast period because of the rise in demand from end-use applications, such as metal working, food, and electronics industries.

The Global Info Research report includes an overview of the development of the Hydrogen Storage industry chain, the market status of Chemical (Cylinder, Merchant/Bulk), Oil Refining (Cylinder, Merchant/Bulk), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hydrogen Storage.

Regionally, the report analyzes the Hydrogen Storage markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Hydrogen Storage market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Hydrogen Storage market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Hydrogen Storage industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Cylinder, Merchant/Bulk).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Hydrogen Storage market.

Regional Analysis: The report involves examining the Hydrogen Storage market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Hydrogen Storage market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Hydrogen Storage:

Company Analysis: Report covers individual Hydrogen Storage players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Hydrogen Storage This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Chemical, Oil Refining).

Technology Analysis: Report covers specific technologies relevant to Hydrogen Storage. It assesses the current state, advancements, and potential future developments in Hydrogen Storage areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Hydrogen Storage market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Hydrogen Storage 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 value.

Market segment by Type
Cylinder
Merchant/Bulk
On-site
On-board

Market segment by Application
Chemical
Oil Refining
Industrial
Transportation
Metal Working

Market segment by players, this report covers
Air Liquide
Linde
Praxair
Worthington Industries
Luxfer
Mcphy Energy
Hexagon Composites
Hbank Technologies
Inoxcva
VRV

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

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

Chapter 2, to profile the top players of Hydrogen Storage, with revenue, gross margin and global market share of Hydrogen Storage from 2019 to 2024.

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

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Hydrogen Storage market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Hydrogen Storage.

Chapter 13, to describe Hydrogen Storage research findings and conclusion.