Home > Energy & Power > Emerging Energy Technologies > Hydrogen > Stationary Hydrogen Energy Storage Market

Stationary Hydrogen Energy Storage Market Share

Report ID: GMI11050
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Stationary Hydrogen Energy Storage Market Share

Air Liquide has arisen as a key player in the stationary hydrogen energy storage industry, driven by its robust manufacturing capabilities, commitment to technological innovation, and strategic collaborations with top hydrogen producers. Air Liquide’s emphasis on transformation has led to the development of enhanced hydrogen energy storage technologies that encourage the bolstering demand for eco-friendly and high-performance power solutions.

Stationary Hydrogen Energy Storage Market Companies

Top companies operating in the stationary hydrogen energy storage industry include:

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

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of stationary hydrogen energy storage reached USD 3.86 billion in 2023 and is set to register 8.7% CAGR from 2024 to 2032, due to innovations in hydrogen storage technologies, such as solid-state and liquid hydrogen storage, enhancing efficiency and reducing costs worldwide.

The compression segment is expected to reach over USD 6.5 billion by 2032, owing to the rising need for efficient and scalable storage solutions.

Asia Pacific market is expected to exceed USD 3.25 billion by 2032, attributed to rapid development in hydrogen storage technologies, including innovations in high-pressure compression, liquefaction, and solid-state storage.

Air Products and Chemicals, Inc., Cockerill Jingli Compressed hydrogen, ENGIE, FuelCell Energy, Inc., GKN Compressed Hydrogen, Gravitricity Ltd, ITM Power PLC, Linde plc, McPhy Energy S.A., Nel ASA, and SSE, are some of the major stationary hydrogen energy storage companies worldwide.