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Compressed Hydrogen Energy Storage Market Share

Report ID: GMI5761
Published Date: Dec 2024
Report Format: PDF

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Compressed Hydrogen Energy Storage Market Share

Compressed Hydrogen Energy Storage Company Market Share Analysis, 2024

Air Liquide has established itself as a key player in the compressed hydrogen energy storage industry, bolstered by its robust production capabilities, dedication to technological progress, and strategic alliances with leading hydrogen producers. The company’s focus on innovation has led to the creation of cutting-edge hydrogen storage solutions that address the growing need for efficient and sustainable power systems.

Compressed Hydrogen Energy Storage Market Companies

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

Air Liquide
Air Products
Cockerill Jingli Hydrogen
Engie
FuelCell Energy
GKN Hydrogen
Gravitricity
Hydrogen in Motion
ITM Power
Linde
McPhy Energy
Nel
SSE

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of compressed hydrogen energy storage reached USD 15.4 billion in 2024 and is set to grow at a CAGR of 8.4% from 2025 to 2034, driven by the increasing demand for clean and sustainable energy solutions.

The transportation segment is expected to expand at a CAGR of more than 9.8% through 2034, led by the growing demand for zero-emission vehicles, particularly fuel cell electric vehicles (FCEVs).

The U.S. market is anticipated to exceed USD 4.3 billion by 2034, propelled by the countrys growing focus on clean energy and decarbonization.

The key players in the industry include Air Liquide, Air Products, Cockerill Jingli Hydrogen, Engie, FuelCell Energy, GKN Hydrogen, Gravitricity, Hydrogen in Motion, ITM Power, Linde, McPhy Energy, Nel, and SSE.