Selbyville, DE -- (SBWire) -- 12/05/2018 --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.
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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.
This report focuses on the Hydrogen Storage market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Type, covers
- Cylinder
- Merchant/bulk
- On-site
- On-board
Market Segment by Applications, can be divided into
- Chemical
- Oil Refining
- General Industry
- Transportation
- Metal Working
The major manufacturers covered in this report:
Air Liquide, Linde, Praxair, Worthington Industries, Luxfer, Mcphy Energy, Hexagon Composites, Hbank Technologies, Inoxcva, VRV
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Target Audience of Hydrogen Storage Market: Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters ,Association and government bodies.
Hydrogen Storage market report provides regional analysis & forecast (2018-2023) including following regions:
- North America(USA, Canada and Mexico)
- Europe(Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America(Brazil, Argentina, Columbia etc.)
- Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Research objectives
To study and analyze the global Hydrogen Storage consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Hydrogen Storage market by identifying its various subsegments.
Focuses on the key global Hydrogen Storage manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hydrogen Storage with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hydrogen Storage submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Hydrogen Storage Market Global Analysis by Outlook Profiling Linde, Praxair, Worthington Industries, Luxfer, Mcphy Energy, Hexagon Composites
Market Study Report recently introduced new title on “2018-2023 Global Hydrogen Storage Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2023.