The global Hydrogen Energy Storage market was valued at US$ 1203.1 million in 2022 and is projected to reach US$ 4280.2 million by 2029, at a CAGR of 19.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Energy Storage, 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 Hydrogen Energy Storage. This report contains market size and forecasts of Hydrogen Energy Storage in global, including the following market information:
Global Hydrogen Energy Storage Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
Iljin Hysolus and Iwatani are the top 2 companies in global hydrogen energy storage market and account for over 10% of total market share. Geographically speaking, Asia-Pacific holds about 35% of global market share, followed by North America with about 30% share. In terms of type, compressed gas segment holds an important share of about 60%. In terms of application, about 35% of the hydrogen energy storage are for chemical.
We surveyed the Hydrogen Energy Storage companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hydrogen Energy Storage Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Hydrogen Energy Storage Market Segment Percentages, by Type, 2022 (%)
- Compressed Gas
- Cold Compressed Liquid Hydrogen
- Solid Compound Hydrogen Storage and Distribution
- Organic Liquid Hydrogen Storage and Distribution
Global Hydrogen Energy Storage Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Hydrogen Energy Storage Market Segment Percentages, by Application, 2022 (%)
- New Energy Automobile
- Chemical
- Aerospace
- Others
Global Hydrogen Energy Storage Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Hydrogen Energy Storage 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 Hydrogen Energy Storage revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Hydrogen Energy Storage revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Iljin Hysolus
- Iwatani
- The Japan Steel Works
- Faurecia
- Kawasaki
- Chart Industries
- Toyota
- Gardner Cryogenics
- Hexagon Composites
- Jiangsu Guofu Hydrogen Energy Equipment
- Faber Industrie
- Whole Win (Beijing) Materials Sci. & Tech
- PRAGMA INDUSTRIES
- Hydrogenious Technologies
- Chiyoda Corporation
- Hynertech Co Ltd
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Hydrogen Energy Storage, market overview.
- Chapter 2: Global Hydrogen Energy Storage market size in revenue.
- Chapter 3: Detailed analysis of Hydrogen Energy Storage company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, 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 Hydrogen Energy Storage 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: The main points and conclusions of the report.
