Take Up Global Hydrogen Compressor Market Opportunities with Clear Industry Data – Includes Hydrogen Compressor Market Share
The Business Research Company’s report goes into great detail on the hydrogen compressor market size and growth, hydrogen compressor market regional analysis, hydrogen compressor market competitive landscape, and other critical information needed to excel in the hydrogen compressor industry.
Major players in the hydrogen compressor market include 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.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
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%.
Asia-Pacific was the largest region in the hydrogen compressor market in 2021.
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.
Increasing demand for hydrogen from end-use industries is expected to propel the growth of the hydrogen compressor market.
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 Global Hydrogen Compressor Market Report Is Segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Hydrogen Compressor Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the hydrogen compressor market globally and regionally, analyzes and forecasts market size, share, hydrogen compressor market players, hydrogen compressor market segments, leading competitor revenues, profiles and market shares.
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