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Asia Pacific Hydrogen Energy Storage Market Share

Report ID: GMI7262
Published Date: Nov 2023
Report Format: PDF

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Asia Pacific Hydrogen Energy Storage Market Share

Air Liquide commands a substantial share in the Asia Pacific hydrogen energy storage industry. Renowned for its significant expertise in providing a wide range of hydrogen energy storage solutions, including liquid and gas, this company holds a storied legacy in the field of sustainable technologies. Over the course of its history, the company has consistently served as a reliable supplier of hydrogen solutions, addressing the requirements of industrial, transportation, and stationary.

Some of the key market players operating across the Asia Pacific hydrogen energy storage industry are:

Air Liquide
Air Products and Chemicals, Inc.
Nel ASA
McPhy Energy S.A.
Linde plc
ENGIE
ITM Power PLC
FuelCell Energy, Inc.
Gravitricity Ltd
Cockerill Jingli Hydrogen

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The Asia Pacific market for hydrogen energy storage was reached USD 8.1 billion in 2022 and is estimated to expand at 8.2% CAGR from 2023 to 2032, owing to the rising number of companies and nations engaged in intense competition for the leadership in clean hydrogen technologies.

Asia Pacific liquid hydrogen energy storage industry generated more than 950 million in 2022 and is projected to gain significant prominence through 2032, due to higher usage in the power generation and industrial sectors.

China held over 32.2% share of the Asia Pacific hydrogen energy storage market in 2022 and is predicted to expand at notable CAGR through 2032, attributed to the increasing investments in the development and adoption of hydrogen fuel cell vehicles.

Some of the leading hydrogen energy storage companies in the Asia Pacific are Air Liquide, Air Products and Chemicals, Inc., Nel ASA, McPhy Energy S.A., Linde plc, ENGIE, ITM Power PLC, FuelCell Energy, Inc., Gravitricity Ltd, and Cockerill Jingli Hydrogen.