A Hydrogen Pressure Vessels is used for Industrial Hydrogen Storage. Hydrogen storage is a key enabling technology for the advancement of hydrogen and fuel cell technologies in applications including stationary power, portable power, and transportation. Hydrogen has the highest energy per mass of any fuel; however, its low ambient temperature density results in a low energy per unit volume, therefore requiring the development of advanced storage methods that have potential for higher energy density.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Pressure Vessels, 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 Pressure Vessels. This report contains market size and forecasts of Hydrogen Pressure Vessels in global, including the following market information:
- Global Hydrogen Pressure Vessels Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Hydrogen Pressure Vessels Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Hydrogen Pressure Vessels companies in 2022 (%)
The global Hydrogen Pressure Vessels market was valued at US$ 634.8 million in 2022 and is projected to reach US$ 2385 million by 2029, at a CAGR of 20.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global major companies profiled in the hydrogen pressure vessels market include Iljin Hysolus, Faurecia, Toyota, etc.The top 3 companies hold a share about 20%.
Asia Pacific is the largest market, accounts for about 40 percent. Besides, Europe and North America are likely to offer good prospects, have a share about 25% and 30% respectively.
In terms of product, type I is the largest segment, with a share about 35%. And based on application, the largest application is automotive, followed by industrials and so on.
We surveyed the Hydrogen Pressure Vessels 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 Hydrogen Pressure Vessels Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Hydrogen Pressure Vessels Market Segment Percentages, by Type, 2022 (%)
- Type I
- Type II
- Type III
- Type IV
Global Hydrogen Pressure Vessels Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Hydrogen Pressure Vessels Market Segment Percentages, by Application, 2022 (%)
- Industrials
- Automotive
- Others
Global Hydrogen Pressure Vessels Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Hydrogen Pressure Vessels 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 Pressure Vessels revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Hydrogen Pressure Vessels revenues share in global market, 2022 (%)
- Key companies Hydrogen Pressure Vessels sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Hydrogen Pressure Vessels sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Iljin Hysolus
- Faurecia
- Toyota
- Hexagon Composites ASA
- Faber Industrie S.P.A.
- Luxfer Group
- Quantum Fuel Systems
- Worthington Industries, Inc.
- NPROXX
- Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
- Plastic Omnium
- CTC
- Mahytec (HENSOLDT)
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Hydrogen Pressure Vessels, market overview.
- Chapter 2: Global Hydrogen Pressure Vessels market size in revenue and volume.
- Chapter 3: Detailed analysis of Hydrogen Pressure Vessels 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 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 Pressure Vessels 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 Hydrogen Pressure Vessels 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.
