Learn about the global hydrogen compressor market through The Business Research Company, which provides information on hydrogen compressor market size, hydrogen compressor market drivers and restraints, hydrogen compressor market players, the COVID-19 impact on the hydrogen compressor market, and more.

The global hydrogen compressor market size is expected to grow from $1.68 billion in 2021 to $1.8 billion in 2022 at a compound annual growth rate (CAGR) of 6.9%. The global hydrogen compressors market size is expected to grow to $2.24 billion in 2026 at a CAGR of 5.6%.

Increasing demand for hydrogen from end-use industries is expected to propel the growth of the hydrogen compressor market.

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The hydrogen compressor market consists of the sale of hydrogen compressor devices by entities (organizations, partnerships, sole proprietors), which increases the pressure of hydrogen by decreasing gas volume. The compression in hydrogen compressor is achieved by moving hydrogen through a compressor that decreases gas volume between the inlet and the discharge. The reduced volume results in compressed hydrogen or liquid hydrogen.

 Global Hydrogen Compressor Market Segments Include:
By Type: Oil-Free, Oil-Based

By Technology: Single-Stage, Multi-Stage

By Power Range: Below 100 hp, 101 hp-200 hp

By End-User: Oil and Gas, Chemical, Utility, Refueling Stations, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the hydrogen compressor market in 2021.

Technological advancements are a key trend in gaining an advantage in the hydrogen compressor market. The key players in the hydrogen compressor market are focusing on developing hydrogen compressors with innovative technologies to meet the technical demands of end customers such as hydrogen fuel stations, power generation industries and others.

TBRC’s Hydrogen Compressor Market Report Covers:
Major Market Players: Atlas Copco AB, Burckhardt Compression AG, Fluitron, Inc, Gardner Denver Nash, LLC, Howden Group, HAUG Sauer Kompressoren AG, Neuman & Esser group, Hydro-Pac, Inc, Lenhardt& Wagner GmbH, Ariel Corporation, PDC Machines Inc, Mitsui E&S Holdings Co. Ltd, Siemens AG, Sundyne, and IDEX Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Hydrogen Compressor Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides hydrogen compressor market overviews, analyzes and forecasts market size, share, hydrogen compressor market players, hydrogen compressor market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s hydrogen compressor market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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