Methods of hydrogen storage for subsequent use span many approaches including high pressures, cryogenics, and chemical compounds that reversibly release H2 upon heating. Underground hydrogen storage is useful to provide grid energy storage for intermittent energy sources, like wind power, as well as providing fuel for transportation, particularly for ships and airplanes.
The cylinder segment is estimated to be the largest storage type segment during the forecast period because of the rise in demand from end-use applications, such as metal working, food, and electronics industries.
By application, transportation is one of the fastest-growing application segments of the hydrogen storage market owing to the rising demand for hydrogen powered fuel cell vehicles in Europe and North America. The demand of hydrogen powered fuel cells has also been increasing from the various modes of transportation, such as buses, forklifts, trains & trams, and ships & boats. This will further boost the hydrogen storage market.
The global Hydrogen Storage market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Hydrogen Storage volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydrogen Storage market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Hydrogen Storage in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Hydrogen Storage manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
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Segment by Regions
Segment by Type
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By Type of Storage
By Form of Storage
Segment by Application
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This post was originally published on Space Market Research