Report Content
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Industry Insights
2.1 Industry ecosystem analysis
2.1.1 Vendor Matrix
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's Analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL Analysis
Chapter 3 Competitive landscape, 2023
3.1 Strategic dashboard
3.2 Innovation & sustainability landscape
Chapter 4 Market Size and Forecast, By State, 2021 – 2032 (USD Million)
4.1 Key trends
4.2 Liquid
4.3 Gas
4.4 Solid
Chapter 5 Market Size and Forecast, By Method, 2021 – 2032 (USD Million)
5.1 Key trends
5.2 Compression
5.3 Liquefaction
5.4 Material-based
Chapter 6 Market Size and Forecast, By Application, 2021 – 2032 (USD Million)
6.1 Key trends
6.2 Industrial
6.3 Transportation
6.4 Stationary
6.5 Others
Chapter 7 Market Size and Forecast, By Country, 2021 – 2032 (USD Million)
7.1 Key trends
7.2 Germany
7.3 UK
7.4 France
7.5 Italy
7.6 Netherlands
7.7 Russia
Chapter 8 Company Profiles
8.1 Air Products and Chemicals, Inc.
8.2 Air Liquide
8.3 Cockerill Jingli Hydrogen
8.4 ENGIE
8.5 Fuel Cell Energy, Inc.
8.6 GKN Hydrogen
8.7 Gravitricity Ltd
8.8 HYDROGEN IN MOTION
8.9 ITM Power PLC
8.10 Linde plc
8.11 McPhy Energy S.A.
8.12 Nel ASA
8.13 SSE
Europe Hydrogen Energy Storage Market Size
Europe Hydrogen Energy Storage Market size was valued at USD 4 billion in 2023 and is anticipated to grow at a CAGR of 8.8% between 2024 and 2032. Increasing concerns about climate change are driving the transition towards renewable energy sources, such as wind and solar, which often produce surplus energy that needs to be stored efficiently. Hydrogen, particularly green hydrogen produced from renewable sources, is emerging as a promising solution for long-term energy storage. Additionally, supportive government policies and incentives aimed at promoting clean energy technologies are fostering the development of hydrogen infrastructure across Europe.
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Various geopolitical factors are also fostering the need for the use of hydrogen. For instance, in May 2022, in response to the commencement of the Russian military intervention in Ukraine, the European Union (EU) has acted through the implementation of the REPowerEU plan. This plan aims to reduce the EU's reliance on Russian gas imports. A significant component of this strategy is the 'hydrogen accelerator' initiative, which aims to produce 10 million tonnes of renewable hydrogen within the EU and import an additional 10 million tonnes by the year 2030.
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