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Compressed Hydrogen Energy Storage Market Share

Report ID: GMI5761
Published Date: May 2023
Report Format: PDF

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Compressed Hydrogen Energy Storage Market Share

Major players operating in the competitive landscape for compressed hydrogen energy storage are:

Air Products and Chemicals, Inc.
McPhy Energy S.A.
ENGIE
FuelCell Energy, Inc.
GKN Hydrogen
HYDROGEN IN MOTION
ITM Power PLC
Cockerill Jingli Hydrogen
Nel ASA
Linde plc

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of compressed hydrogen energy storage exceeded USD 14.3 billion and will expand at 8% CAGR during 2024 to 2032, owing to surging demand for clean energy.

Compressed hydrogen energy storage industry size from industrial applications surpassed USD 8 billion in 2022, driven by rising adoption of hydrogen energy storage systems across the fertilizers and chemicals sector.

Asia Pacific compressed hydrogen energy storage industry is estimated to amass USD 14 billion by 2032, due to rising adoption of hybrid and smart grid infrastructure across developing economies.

Some of the major participants in compressed hydrogen energy storage business are FuelCell Energy, Inc., Linde plc, ITM Power PLC, Air Liquide, Nel ASA, ENGIE, and Air Products and Chemicals, Inc., among others.