PUBLISHER: BCC Research | PRODUCT CODE: 1239688
PUBLISHER: BCC Research | PRODUCT CODE: 1239688
The global hydrogen technologies market should reach $38.5 billion by 2027 from $21.0 billion in 2022 at a compound annual growth rate (CAGR) of 12.9% for the forecast period of 2022 to 2027.
Electrochemical conversion segment of the global hydrogen technologies market is expected to grow from $7.5 billion in 2022 to $19.5 billion in 2027 at a CAGR of 21.0% for the forecast period of 2022 to 2027.
Bulk distribution segment of the global hydrogen technologies market is expected to grow from $231.7 million in 2022 to $947.7 billion in 2027 at a CAGR of 32.5% for the forecast period of 2022 to 2027.
The report covers the global market for technologies used in the supply, storage and distribution of hydrogen; its conversion to other forms of energy or direct consumption as a fuel; and miscellaneous other types of hydrogen-related technology, such as hydrogen sensors. The market figures represent estimated investment costs based on data from manufacturers and a variety of other sources. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.