Press release
Hydrogen Compressor Market Size, Share & Growth Analysis- 2021–2030
Hydrogen compressor is a device that is utilized to reduce the volume of hydrogen to increase the pressure resulting in compressed hydrogen or liquid hydrogen. The compressor decreases the volume of hydrogen gas as gases are compressible, but a pump raising the pressure of a liquid allows the liquid hydrogen to be transferred elsewhere.The global Hydrogen compressors market size was valued at $1,789.1 million in 2020, and is projected to reach $2,662.1 million by 2030, registering a CAGR of 4.0% from 2021 to 2030.
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Hydrogen compressors are capable of compressing small to medium volumes of hydrogen to high pressures, and depending on the application, they may even reach pressures of more than 5,000 bar (75,000 PSI). Furthermore, lubricated compression can attain discharge pressures of more than 600 bar (9,000 PSI) if oil traces are permitted in the gas, which is one of the key drivers of the market.
Key Benefits
The report provides an extensive analysis of the current trends and future estimations of the global hydrogen compressor market.
In-depth analysis is conducted by constructing estimations for key market segments between 2021 and 2030.
Extensive analysis of the emerging hydrogen compressor market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive hydrogen compressor market analysis of all the regions is provided to determine the prevailing opportunities.
The global emerging hydrogen compressor market forecast analysis from 2021 to 2030 is included in the report.
Top 10 Leading Players
Ariel Corporation
Atlas Copco AB
Burckhardt Compression AG
Fluitron, Inc.
HAUG Sauer Kompressoren AG
Hitachi, Ltd.
Howden Group
IDEX Corporation
Ingersoll Rand, Inc.
Nel ASA
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Key Market Segments
By Technology Type
Mechanical
Nonmechanical
By Lubricant Type
Oil-based
Oil-free
By End-user Industry
Oil & Gas
Chemical
Automotive
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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