Global Hydrogen Pressure Vessels Market Insights and Forecast to 2028

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.
Market Analysis and Insights: Global Hydrogen Pressure Vessels Market
Due to the COVID-19 pandemic, the global Hydrogen Pressure Vessels market size is estimated to be worth US$ 574.9 million in 2022 and is forecast to a readjusted size of US$ 1544.1 million by 2028 with a CAGR of 17.9% during the review period. Fully considering the economic change by this health crisis, Type I accounting for % of the Hydrogen Pressure Vessels global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Industrials segment is altered to an % CAGR throughout this forecast period.
Global major companies profiled in the Hydrogen Pressure Vessels market include CLD, Faber Industrie S.P.A, Toyota, Faurecia, Luxfer Group, etc.
Asia Pacific is the largest market, accounts for over 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 45%. And based on application, the largest application is Cancer Research, followed by Disease Diagnosis and so on.
In terms of production side, this report researches the Hydrogen Pressure Vessels capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Hydrogen Pressure Vessels by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Hydrogen Pressure Vessels Scope and Segment
Hydrogen Pressure Vessels market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Hydrogen Pressure Vessels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Type I
Type II
Type III
Type IV
Segment by Application
Industrials
Automotive
Others
By Company
Toyota
Faurecia
CLD
Faber Industrie S.P.A.
Luxfer Group
Quantum Fuel Systems
Hexagon Composites ASA
NPROXX
Worthington Industries, Inc.
Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
CTC
Iljin
Plastic Omnium
Mahytec (HENSOLDT)
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE