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North America Electrolysis Liquid Hydrogen Market Share
- Report ID: GMI11495
- Published Date: Sep 2024
- Report Format: PDF
North America Electrolysis Liquid Hydrogen Market Share
North America Electrolysis Liquid Hydrogen Market Companies
Eminent players operating in the North America electrolysis liquid hydrogen industry are:
- Air Liquide
- Air Products and Chemicals
- Cummins
- Enapter
- ENGIE
- GreenH Electrolysis
- Linde
- MAN Energy Solutions
- Plug Power
- Shell
- Siemens Energy
- Thyssenkrupp
Frequently Asked Questions (FAQ) :
The market size for electrolysis liquid hydrogen in North America reached USD 220.3 million in 2023 and is estimated to grow at a CAGR of 7.5% until 2032, owing to the rising government support for hydrogen adoption as a clean energy solution aiming to reduce overall production cost.
Cryogenic tanks segment is projected to grow by more than USD 335.5 million by 2032, on account of their high storage density, making them a preferred option for handling large volumes of hydrogen.
The U.S. market is anticipated to surpass USD 343 million by 2032, backed by the rising development of hydrogen hubs under the Biden administration’s Hydrogen Energy Earthshot initiative, aiming to create a network of hydrogen production, storage, and utilization centers across the country.
Cummins, Enapter, ENGIE, GreenH Electrolysis, Linde, MAN Energy Solutions, Plug Power, Shell, Siemens Energy, and Thyssenkrupp among others.
North America Electrolysis Liquid Hydrogen Market Scope
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