Global Hydrogen Storage Market Analysis and Forecast, 2022-2028
The global hydrogen storage market is expected to grow at a CAGR of 8.0% over the forecast period of 2022-2028.
Market Scope & Overview
The global hydrogen storage market study comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2021 and the forecast period of 2022-2028 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period. practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.
The global hydrogen storage market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period. The market study also covers the pricing analysis of each product based on its types and regions.
The global hydrogen storage market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.
State of Global Economy, COVID-19 Outbreak, and the Russo-Ukraine War Impact
The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdue growth, while other countries continued to grapple with economic slowdowns. Also, intensifying tension between the US and Iran along with the tightening sanctions on Venezuela by the US further hampered global economic growth in 2019. Moreover, the heightened trade war between the US and China and the rising trade uncertainty continued to exert adverse effects on the global economy. Amid all these, the COVID-19 outbreak at the end of the year 2019 in Wuhan, China further deteriorated global economic growth.
The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, UK, Germany, India, Japan, South Korea, the UK, and many others. Many of these countries had announced partial or complete nationwide lockdowns. The governments of several nations have called on people to shelter in place at home, travel restrictions, shut down local businesses, and prohibited social gatherings.
The rapid spread of the virus in the early month of 2020 followed by a second wave of COVID-19 caused a significant change in management strategies of the leading industries which have affected the market or industry at a significant level. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.
Key Market Segmentation and Companies
has segmented the global hydrogen storage market based on product type, application, end user, and region.
• By Product Type
o Liquid
o Solid
o Gas
• By Application
o Stationary Power
o Transportation
• By End User
o Industrial
o Commercial
• By Region
o North America
• US
• Canada
o Latin America
• Brazil
• Mexico
• Rest of Latin America
o Western Europe
• Germany
• UK
• France
• Spain
• Italy
• Benelux
• Nordic
• Rest of Western Europe
o Eastern Europe
• Russia
• Poland
• Rest of Eastern Europe
o Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• ASEAN (Indonesia, Vietnam, Malaysia, etc.)
• Rest of Asia Pacific
o Middle East & Africa
• GCC
• South Africa
• Turkey
• Rest of the Middle East & Africa
• Leading Companies and Market Players
o Air Liquide
o Air Products and Chemicals
o Cummins Inc.
o FuelCell Energy
o Hexagon Composites ASA
o ITM Power
o LINDE PLC
o Nel Hydrogen
o Plug Power
o Worthington Industries
Global Hydrogen Storage Market Analysis and Forecast 2019-2028 Table of Contents 1. Market Introduction 1.1. Scope of Study 1.2. Problem Statement 1.3. Market Segmentation 2. Assumptions and Acronyms 3. Executive Summary 3.1. Global Market in 2022 3.2. Analyst Insights & Recommendations 3.3. Growth Opportunities and Key Strategies 3.4. Supply-side and Demand-side Trends 4. Research Methodology 5. Analysis of COVID-19 Impact and Road Ahead 6. Market Indicators and Background 6.1. Macro-Economic Factors 6.2. Forecasting Factors 6.3. Supply Chain & Value Chain Analysis 6.4. Industry SWOT Analysis 6.5. PESTLE Analysis 6.6. Porter's Five Forces Analysis 7. Government Laws and Industry Regulations 8. Global and Regional Market Dynamics 8.1. Drivers 8.2. Restraints 8.3. Trends 8.4. Opportunities 9. Parent Market Overview 9.1. Global Education Market 9.2. Global IOT Market 10. Segmental Analysis 10.1. Global Hydrogen Storage Market by Product Type 10.1.1. Segment Overview 10.1.1.1. Liquid 10.1.1.2. Solid 10.1.1.3. Gas 10.2. Global Hydrogen Storage Market Application 10.2.1. Segment Overview 10.2.1.1. Stationary Power 10.2.1.2. Transportation 10.3. Global Hydrogen Storage Market by End User 10.3.1. Segment Overview 10.3.1.1. Industrial 10.3.1.2. Commercial 10.4. Global Hydrogen Storage Market by Region 10.4.1. North America 10.4.2. Latin America 10.4.3. Western Europe 10.4.4. Eastern Europe 10.4.5. Asia Pacific 10.4.6. Middle East & Africa 11. Regional Analysis 11.1. North America Hydrogen Storage Market Analysis and Forecast 2019-2028 11.1.1. Regional Market Overview and Key Takeaways 11.1.2. North America Hydrogen Storage Market by Product Type 11.1.3. North America Hydrogen Storage Market by Application 11.1.4. North America Hydrogen Storage Market by End User 11.1.5. North America Hydrogen Storage Market by Country 11.1.5.1. US 11.1.5.2. Canada 11.2. Latin America Hydrogen Storage Market Analysis and Forecast 2019-2028 11.2.1. Regional Market Overview and Key Takeaways 11.2.2. Latin America Hydrogen Storage Market by Product Type 11.2.3. Latin America Hydrogen Storage Market by Application 11.2.4. Latin America Hydrogen Storage Market by End User 11.2.5. Latin America Hydrogen Storage Market by Country 11.2.5.1. Brazil 11.2.5.2. Mexico 11.2.5.3. Rest of Latin America 11.3. Western Europe Hydrogen Storage Market Analysis and Forecast 2019-2028 11.3.1. Regional Market Overview and Key Takeaways 11.3.2. Western Europe Hydrogen Storage Market by Product Type 11.3.3. Western Europe Hydrogen Storage Market by Application 11.3.4. Western Europe Hydrogen Storage Market by End User 11.3.5. Western Europe Hydrogen Storage Market by Country 11.3.5.1. Germany 11.3.5.2. UK 11.3.5.3. France 11.3.5.4. Spain 11.3.5.5. Italy 11.3.5.6. Benelux 11.3.5.7. Nordic 11.3.5.8. Rest of Western Europe 11.4. Eastern Europe Hydrogen Storage Market Analysis and Forecast 2019-2028 11.4.1. Regional Market Overview and Key Takeaways 11.4.2. Eastern Europe Hydrogen Storage Market by Product Type 11.4.3. Eastern Europe Hydrogen Storage Market by Application 11.4.4. Eastern Europe Hydrogen Storage Market by End User 11.4.5. Eastern Europe Hydrogen Storage Market by Country 11.4.5.1. Russia 11.4.5.2. Poland 11.4.5.3. Rest of Eastern Europe 11.5. Asia Pacific Hydrogen Storage Market Analysis and Forecast 2019-2028 11.5.1. Regional Market Overview and Key Takeaways 11.5.2. Asia Pacific Hydrogen Storage Market by Product Type 11.5.3. Asia Pacific Hydrogen Storage Market by Application 11.5.4. Asia Pacific Hydrogen Storage Market by End User 11.5.5. Asia Pacific Hydrogen Storage Market by Country 11.5.5.1. China 11.5.5.2. Japan 11.5.5.3. India 11.5.5.4. South Korea 11.5.5.5. Australia 11.5.5.6. ASEAN 11.5.5.7. Rest of Asia-Pacific 11.6. Middle East & Africa Hydrogen Storage Market Analysis and Forecast 2019-2028 11.6.1. Regional Market Overview and Key Takeaways 11.6.2. Middle East & Africa Hydrogen Storage Market by Product Type 11.6.3. Middle East & Africa Hydrogen Storage Market by Application 11.6.4. Middle East & Africa Hydrogen Storage Market by End User 11.6.5. Middle East & Africa Hydrogen Storage Market by Country 11.6.5.1. GCC 11.6.5.2. South Africa 11.6.5.3. Turkey 11.6.5.4. Rest of the Middle East & Africa 12. Competitive Landscape 12.1. Competition Dashboard 12.1.1. Global and Regional Market Share Analysis 12.1.2. Market Structure 12.2. Competitive Benchmarking 12.3. Key Strategy Analysis 12.4. Company Profiles 12.4.1. Air Liquide 12.4.1.1. Company Overview 12.4.1.2. Product/Service Offerings 12.4.1.3. Financials 12.4.1.4. Recent Developments 12.4.2. Air Products and Chemicals 12.4.2.1. Company Overview 12.4.2.2. Product/Service Offerings 12.4.2.3. Financials 12.4.2.4. Recent Developments 12.4.3. Cummins Inc. 12.4.3.1. Company Overview 12.4.3.2. Product/Service Offerings 12.4.3.3. Key Financials 12.4.3.4. Recent Developments 12.4.4. FuelCell Energy 12.4.4.1. Company Overview 12.4.4.2. Product/Service Offerings 12.4.4.3. Key Financials 12.4.4.4. Recent Developments 12.4.5. Hexagon Composites ASA 12.4.5.1. Company Overview 12.4.5.2. Product/Service Offerings 12.4.5.3. Financials 12.4.5.4. Recent Developments 12.4.6. ITM Power 12.4.6.1. Company Overview 12.4.6.2. Product/Service Offerings 12.4.6.3. Financials 12.4.6.4. Recent Developments 12.4.7. LINDE PLC 12.4.7.1. Company Overview 12.4.7.2. Product/Service Offerings 12.4.7.3. Financials 12.4.7.4. Recent Developments 12.4.8. Nel Hydrogen 12.4.8.1. Company Overview 12.4.8.2. Product/Service Offerings 12.4.8.3. Financials 12.4.8.4. Recent Developments 12.4.9. Plug Power 12.4.9.1. Company Overview 12.4.9.2. Product/Service Offerings 12.4.9.3. Financials 12.4.9.4. Recent Developments 12.4.10. Worthington Industries 12.4.10.1. Company Overview 12.4.10.2. Product/Service Offerings 12.4.10.3. Financials 12.4.10.4. Recent Developments A comprehensive list of hydrogen storage brands/manufacturers by country will be provided along with geographical reach, employee count, revenue, product capacities, and their capabilities. 13. Disclaimer
Publisher: RationalStat
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