North America Hydrogen Storage Global Market Key Players - Linde plc, Air Liquide, Hexagon Composites ASA., Luxfer Gas Cylinders (a subsidiary of Luxfer Holdings PLC)

Market Overview
North America Hydrogen Storage Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 2.6% in the forecast period of 2020 to 2027and expected to reach USD 1,813.27 million by 2027. Increasing usage of hydrogen storage in the chemicals, and oil refining in the U.S. is augmenting the market growth.
Hydrogen can be generated by electrolysis from electricity created with a surplus of renewables. If there is a corresponding energy requirement, the hydrogen will supply it directly. However, it may also be processed as pressurized gas in bulk tanks and retrieved when stocks are small. Hydrogen can be used in a variety of forms as an energy carrier, such as to supply it in small quantities to the natural gas network; to turn it to CH4 and to inject methane into the natural gas network, or the extracted hydrogen could be directly transformed back to electricity by fuel cells.
Increasing demand for low emission fuel and rise in demand for hydrogen gas will drive the market in the forecast period while limited availability of hydrogen refuelling infrastructure in developed economies and stringent technical requirement restrict the market in the forecast period.

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The North America Hydrogen Storage Market competitive landscape provides details by competitor. Details included are organization overview, company financials, revenue generated, Industry potential, investment in research and development, new North America Hydrogen Storage Market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to North America Hydrogen Storage Market.

Major Market Manufacturers Covered In The North America Hydrogen Storage Market Are:
The major players covered in the report are Linde plc, Air Liquide, Hexagon Composites ASA., Luxfer Gas Cylinders (a subsidiary of Luxfer Holdings PLC), Worthington Industries, Inc., McPhy Energy S.A., General Motors, Toshiba Energy Systems & Solutions Corporation (a subsidiary of TOSHIBA CORPORATION), HYDROGEN COMPONENTS, INC., Steelhead Composites, INC., Process/Kana Inc., Hydrogenics, FuelCell Energy, Inc, Air Products and Chemicals, Inc. and Panasonic Corporation among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the hydrogen storage market.
For instance,
• In October 2017, General Motors will display its Silent Utility Rover Universal Superstructure (SURUS), a flexible fuel cell electric platform with autonomous capabilities, at the fall meeting of the Association of the United States Army (AUSA) from Oct. 9-11, 2017. The commercially designed platform could be adapted for military use. SURUS leverages GM’s newest Hydrotec fuel cell system, autonomous capability and truck chassis components to deliver high-performance, zero-emission propulsion to minimize logistical burdens and reduce human exposure to harm. This partnership to bringing new high-performance, zero-emission systems to solve complex challenges for a variety of customers.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for hydrogen storage.

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How will this Market Intelligence Report Benefit You?
1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
2. Exclusive insight into the key trends affecting the North America Hydrogen Storage’ industry, although key threats, opportunities and disruptive technologies that could shape the Global North America Hydrogen Storage’ market supply and demand.
3. The report tracks the leading Market players that will shape and impact the Global North America Hydrogen Storage’ Market most.
4. The data analysis present in the North America Hydrogen Storage’ Market report is based on the combination of both primary and secondary resources.
5. The report helps you to understand the real effects of key Market drivers or retainers on North America Hydrogen Storage’ Market business.

Global North America Hydrogen Storage Market Scope and Market Size
North America hydrogen storage market is categorized into five notable segments which are based on the basis of storage form, storage type, distribution, application, and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of storage form, the hydrogen storage market is segmented into physical, material based. In 2020, physical dominates the market due the increasing usage of the compressed gases in the transportation in the U.S.
• On the basis of storage type, the hydrogen storage market is segmented into cylinder, merchant, on-site and on-board. In 2020, Cylinder is dominates the market due to the easy storage and transportation of the hydrogen gases in the U.S.
• On the basis of distribution, the hydrogen storage market is segmented into pipelines, on-site production, and road transport. In 2020 pipelines is dominating the segment due to very low energy consumption during the transportation.
• On the basis of application, the hydrogen storage market is segmented into stationary power, portable power, and transportation. In 2020, stationary power is dominating in the U.S. because of its efficient nature and property utilized in the chemicals, oil refining industry.
• On the basis of end-user, the hydrogen storage market is segmented into chemicals, oil refining, transportation, industrial, metal working, others. In 2020, chemicals are dominating the market due to the high-energy densities and potential ease of use for the hydrogen storage.

Based on regions, the North America Hydrogen Storage Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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The report covers major aspects:
• Various economic factors that are significant in determining the North America Hydrogen Storage Market trend, buying decisions and Market attractiveness are being analysed for Market estimation and forecasting.
• The analysis will support stakeholders such as manufacturers and distributors in identifying and capturing Markets with high potential.
• The study also discusses various environmental and regulatory factors critical for the North America Hydrogen Storage Market growth.

Strategic Points Covered in Table of Content of Global North America Hydrogen Storage Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope North America Hydrogen Storage Market
Chapter 2: Exclusive Summary – the basic information of North America Hydrogen Storage Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Analytical Standards
Chapter 4: Presenting North America Hydrogen Storage Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of North America Hydrogen Storage Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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