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Transportation-Based Hydrogen Energy Storage Market Share

Report ID: GMI11106
Published Date: Aug 2024
Report Format: PDF

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Transportation-Based Hydrogen Energy Storage Market Share

ransportation-Based Hydrogen Energy Storage Company Market Share Analysis, 2023

Air Liquide has emerged as a leading player in the transportation-based hydrogen energy storage industry, leveraging its strong manufacturing capabilities, dedication to technological innovation, and strategic partnerships with major hydrogen producers. The company's focus on transformation has resulted in the advancement of superior hydrogen energy storage systems, which are driving increased demand for environmentally friendly and high-performance power solutions.

Transportation-Based Hydrogen Energy Storage Market Companies

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 transportation-based hydrogen energy storage was worth over USD 1.25 million in 2023 and is expected to record a 10.6% CAGR through 2032, owing to the significant progress in hydrogen storage technologies.

The liquefaction segment is projected to surpass USD 450 million by 2032, due to innovations in cryogenic cooling systems, compressor technology, and heat exchange mechanisms that improve efficiency and cost-effectiveness.

Asia Pacific transportation-based hydrogen energy storage market is set to reach over USD 870 million by 2032, backed by the strategies and funding programs to support hydrogen technologies and infrastructure.

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