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

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

A hydrogen tank is a container or a vessel used to store hydrogen in its gaseous or liquid form. Sometimes they are also referred to as hydrogen cylinders, cartridges or canisters. Depending on the pressure and temperature of storage the container must fulfil various tedious physical requirements, and therefore the art and science of designing and manufacturing hydrogen tanks has a long history of innovation. Hydrogen fuel tanks are used in all kinds of applications involving the use or generation of hydrogen such as fuel cell and electrolyzer systems, rockets and space flight. A hydrogen fuel tank is usually part of a hydrogen storage system.

According to our (Global Info Research) latest study, the global Hydrogen Tank market size was valued at US$ 636 million in 2023 and is forecast to a readjusted size of USD 1688 million by 2030 with a CAGR of 16.1% during review period.

Global key players of Hydrogen Tank include Hexagon Purus, Faurecia, Iljin Hysolus, Toyota, Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd., etc. The top five players hold a share about 44%. North America is the largest market, and has a share about 31%, followed by Europe and China with share 21% and 20%, separately. In terms of product type, Type IV is the largest segment, occupied for a share of 38%. In terms of application, Automotive has a share about 54 percent.

This report is a detailed and comprehensive analysis for global Hydrogen Tank 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 Hydrogen Tank market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

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

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

Global Hydrogen Tank market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (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 Hydrogen Tank

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 Hydrogen Tank 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 Hexagon Purus, Faurecia, Iljin Hysolus, Toyota, Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd., Faber Industrie, Quantum Fuel Systems, Luxfer Group, Worthington Industries, NPROXX, etc.

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

Market Segmentation

Hydrogen Tank 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
Type I
Type II
Type III
Type IV

Market segment by Application
Automotive
Hydrogen Refueling Stations
Hydrogen Transportation
Others

Major players covered
Hexagon Purus
Faurecia
Iljin Hysolus
Toyota
Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
Faber Industrie
Quantum Fuel Systems
Luxfer Group
Worthington Industries
NPROXX
CTC
Plastic Omnium
Iwatani
Mahytec (HENSOLDT)

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 Hydrogen Tank product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Hydrogen Tank 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 Hydrogen Tank 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 Hydrogen Tank.

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