Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Electrochemical Hydrogen Compressors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrochemical Hydrogen Compressors. This report contains market size and forecasts of Electrochemical Hydrogen Compressors in global, including the following market information:
Global Electrochemical Hydrogen Compressors Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electrochemical Hydrogen Compressors Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Electrochemical Hydrogen Compressors companies in 2022 (%)
The global Electrochemical Hydrogen Compressors market was valued at US$ 8 million in 2022 and is projected to reach US$ 47 million by 2029, at a CAGR of 29.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
HyET is the world's largest producer of electrochemical hydrogen compressors with over 40% 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 34%, followed by Europe and Asia-Pacific, with 33% 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 70%, and chemical has a share of 49% approxiamtely, which is the largest segment in terms of application.
We surveyed the Electrochemical Hydrogen Compressors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrochemical Hydrogen Compressors Market, by Outlet Pressure Range, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Electrochemical Hydrogen Compressors Market Segment Percentages, by Outlet Pressure Range, 2022 (%)
Outlet Pressure Range: below 500 Bar
Outlet Pressure Range: 500 - 1000 Bar
Outlet Pressure Range: above 1000 Bar
Global Electrochemical Hydrogen Compressors Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Electrochemical Hydrogen Compressors Market Segment Percentages, by Application, 2022 (%)
Chemical
Oil & Gas
Stations
Others
Global Electrochemical Hydrogen Compressors Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Electrochemical Hydrogen Compressors Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrochemical Hydrogen Compressors revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electrochemical Hydrogen Compressors revenues share in global market, 2022 (%)
Key companies Electrochemical Hydrogen Compressors sales in global market, 2018-2023 (Estimated), (Units)
Key companies Electrochemical Hydrogen Compressors sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
HyET
Skyre
Giner ELX
FFI Ionix
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electrochemical Hydrogen Compressors, market overview.
Chapter 2: Global Electrochemical Hydrogen Compressors market size in revenue and volume.
Chapter 3: Detailed analysis of Electrochemical Hydrogen Compressors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by outlet pressure range, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electrochemical Hydrogen Compressors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electrochemical Hydrogen Compressors capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
