Market Analysis and Insights: North America Hydrogen Tank Market
Due to the COVID-19 pandemic, the North America Hydrogen Tank market size is estimated to be worth US$ 175.57 million in 2022 and is forecast to a readjusted size of US$ 945.08 million by 2028 with a CAGR of 30.06% during the review period. Fully considering the economic change by this health crisis, Type I accounting for 37.56% of the Hydrogen Tank North America market in 2021, is projected to value US$ 85.43 million by 2028, growing at a revised 3.74% CAGR in the post-COVID-19 period. While Automotive segment is altered to an 44.31% CAGR throughout this forecast period.
In North America, the key manufacturers of Hydrogen Tank include Quantum Fuel Systems, Hexagon Composites, Iwatani, Luxfer Group, Faber Industrie, Luxfer Group, Iljin Hysolus, etc. In 2021, the North America top five players have a share approximately 28.75% in terms of revenue.
North America Hydrogen Tank Scope and Segment
Hydrogen Tank market is segmented by Type, and by Application. Players, stakeholders, and other participants in the North America Hydrogen Tank market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type, and by Application for the period 2017-2028.
Besides, we add an extra analysis for sales, revenue and forecast by Type, and by Application for the period 2029-2040.
By Company
Quantum Fuel Systems
Worthington Industries
Hexagon Composites
Iwatani
Luxfer Group
Faber Industrie
Iljin Hysolus
Segment by Type
Type I
Type II
Type III
Type IV
Segment by Application
Automotive
Hydrogen Refueling Stations
Backup Power
Hydrogen Transportation
Others
Segment by Country/Region
U.S.
Canada
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook