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Market Research Report

Hydrogen Energy Storage - Global Market Outlook (2018-2027)

Published by Stratistics Market Research Consulting Product code 928548
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Hydrogen Energy Storage - Global Market Outlook (2018-2027)
Published: February 20, 2020 Content info: 169 Pages
Description

According to Stratistics MRC, the Global Hydrogen Energy Storage Market is accounted for $13.00 billion in 2018 and is expected to reach $24.31 billion by 2027 growing at a CAGR of 7.2% during the forecast period. While the factors like growing demand for hydrogen in chemical industry and increasing demand for hydrogen in stationary and portable power applications are driving the growth of the market. However, high capital cost is restraining the market growth.

Hydrogen energy storage is a process wherein the additional of energy created by renewables during low energy demand periods is used to power electrolysis, a process in which an electrical current is passed through a chemical solution in order to divide hydrogen. Once hydrogen is created through electrolysis it can be used in stationary fuel cells, for power generation, to provide fuel for fuel cell vehicles, injected into natural gas pipelines to reduce their carbon intensity, or even stored as a compressed gas, cryogenic liquid or wide variety of loosely-bonded hydride compounds for later use.

Based on End User, utility segment is likely to have a huge demand due to the demand for power generation increases using renewable energy sources is likely to generate the need for hydrogen energy storage in the utility segment. By geography, North America is estimated to have a lucrative growth due to rise in fuel cell applications, tight regulations about production control, and use of cleaner fuels is the major driving factor the growth of the market.

Some of the key players in Global Hydrogen Energy Storage market include Worthington Industries, Pragma Industries, Plug Power, Nel Hydrogen, Mcphy Energy, Linde, ITN Power, Inoxcva, Hydrogenious Lohc Technologies, Hydrogenics, Hexagon Composites, Grz Technologies, Fuelcell Energy, Chart Industries, Air Products and Chemicals and Air Liquide.

Storage Technologies Covered:

  • Material Based
  • Liquefaction
  • Compression

Storage Types Covered:

  • Stationary Storage
  • Physical Storage
  • Chemical Storage

States Covered:

  • Liquid
  • Solid
  • Gas

End Users Covered:

  • Steel & Metal Works
  • Oil Refineries
  • Chemical Industry
  • Commercial
  • Utilities

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.

Table of Contents

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 End User Analysis
  • 3.7 Emerging Markets
  • 3.8 Futuristic Market Scenario

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Hydrogen Energy Storage Market, By Storage Technology

  • 5.1 Introduction
  • 5.2 Material Based
    • 5.2.1 Chemical Hydrides
    • 5.2.2 Metal Hydrides
  • 5.3 Liquefaction
  • 5.4 Compression

6 Global Hydrogen Energy Storage Market, By Storage Type

  • 6.1 Introduction
  • 6.2 Stationary Storage
  • 6.3 Physical Storage
  • 6.4 Chemical Storage

7 Global Hydrogen Energy Storage Market, By State

  • 7.1 Introduction
  • 7.2 Liquid
  • 7.3 Solid
  • 7.4 Gas

8 Global Hydrogen Energy Storage Market, By End User

  • 8.1 Introduction
  • 8.2 Steel & Metal Works
  • 8.3 Oil Refineries
  • 8.4 Chemical Industry
  • 8.5 Commercial
    • 8.5.1 Space Heating
    • 8.5.2 Transportation
  • 8.6 Utilities

9 Global Hydrogen Energy Storage Market, By Geography

  • 9.1 Introduction
  • 9.2 North America
    • 9.2.1 US
    • 9.2.2 Canada
    • 9.2.3 Mexico
  • 9.3 Europe
    • 9.3.1 Germany
    • 9.3.2 UK
    • 9.3.3 Italy
    • 9.3.4 France
    • 9.3.5 Spain
    • 9.3.6 Rest of Europe
  • 9.4 Asia Pacific
    • 9.4.1 Japan
    • 9.4.2 China
    • 9.4.3 India
    • 9.4.4 Australia
    • 9.4.5 New Zealand
    • 9.4.6 South Korea
    • 9.4.7 Rest of Asia Pacific
  • 9.5 South America
    • 9.5.1 Argentina
    • 9.5.2 Brazil
    • 9.5.3 Chile
    • 9.5.4 Rest of South America
  • 9.6 Middle East & Africa
    • 9.6.1 Saudi Arabia
    • 9.6.2 UAE
    • 9.6.3 Qatar
    • 9.6.4 South Africa
    • 9.6.5 Rest of Middle East & Africa

10 Key Developments

  • 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 10.2 Acquisitions & Mergers
  • 10.3 New Product Launch
  • 10.4 Expansions
  • 10.5 Other Key Strategies

11 Company Profiling

  • 11.1 Worthington Industries
  • 11.2 Pragma Industries
  • 11.3 Plug Power
  • 11.4 Nel Hydrogen
  • 11.5 Mcphy Energy
  • 11.6 Linde
  • 11.7 ITN Power
  • 11.8 Inoxcva
  • 11.9 Hydrogenious Lohc Technologies
  • 11.10 Hydrogenics
  • 11.11 Hexagon Composites
  • 11.12 Grz Technologies
  • 11.13 Fuelcell Energy
  • 11.14 Chart Industries
  • 11.15 Air Products and Chemicals
  • 11.16 Air Liquide

List of Tables

  • Table 1 Global Hydrogen Energy Storage Market Outlook, By Region (2017-2027) ($MN)
  • Table 2 Global Hydrogen Energy Storage Market Outlook, By Storage Technology (2017-2027) ($MN)
  • Table 3 Global Hydrogen Energy Storage Market Outlook, By Material Based (2017-2027) ($MN)
  • Table 4 Global Hydrogen Energy Storage Market Outlook, By Chemical Hydrides (2017-2027) ($MN)
  • Table 5 Global Hydrogen Energy Storage Market Outlook, By Metal Hydrides (2017-2027) ($MN)
  • Table 6 Global Hydrogen Energy Storage Market Outlook, By Liquefaction (2017-2027) ($MN)
  • Table 7 Global Hydrogen Energy Storage Market Outlook, By Compression (2017-2027) ($MN)
  • Table 8 Global Hydrogen Energy Storage Market Outlook, By Storage Type (2017-2027) ($MN)
  • Table 9 Global Hydrogen Energy Storage Market Outlook, By Stationary Storage (2017-2027) ($MN)
  • Table 10 Global Hydrogen Energy Storage Market Outlook, By Physical Storage (2017-2027) ($MN)
  • Table 11 Global Hydrogen Energy Storage Market Outlook, By Chemical Storage (2017-2027) ($MN)
  • Table 12 Global Hydrogen Energy Storage Market Outlook, By State (2017-2027) ($MN)
  • Table 13 Global Hydrogen Energy Storage Market Outlook, By Liquid (2017-2027) ($MN)
  • Table 14 Global Hydrogen Energy Storage Market Outlook, By Solid (2017-2027) ($MN)
  • Table 15 Global Hydrogen Energy Storage Market Outlook, By Gas (2017-2027) ($MN)
  • Table 16 Global Hydrogen Energy Storage Market Outlook, By End User (2017-2027) ($MN)
  • Table 17 Global Hydrogen Energy Storage Market Outlook, By Steel & Metal Works (2017-2027) ($MN)
  • Table 18 Global Hydrogen Energy Storage Market Outlook, By Oil Refineries (2017-2027) ($MN)
  • Table 19 Global Hydrogen Energy Storage Market Outlook, By Chemical Industry (2017-2027) ($MN)
  • Table 20 Global Hydrogen Energy Storage Market Outlook, By Commercial (2017-2027) ($MN)
  • Table 21 Global Hydrogen Energy Storage Market Outlook, By Space Heating (2017-2027) ($MN)
  • Table 22 Global Hydrogen Energy Storage Market Outlook, By Transportation (2017-2027) ($MN)
  • Table 23 Global Hydrogen Energy Storage Market Outlook, By Utilities (2017-2027) ($MN)
  • Table 24 North America Hydrogen Energy Storage Market Outlook, By Country (2017-2027) ($MN)
  • Table 25 North America Hydrogen Energy Storage Market Outlook, By Storage Technology (2017-2027) ($MN)
  • Table 26 North America Hydrogen Energy Storage Market Outlook, By Material Based (2017-2027) ($MN)
  • Table 27 North America Hydrogen Energy Storage Market Outlook, By Chemical Hydrides (2017-2027) ($MN)
  • Table 28 North America Hydrogen Energy Storage Market Outlook, By Metal Hydrides (2017-2027) ($MN)
  • Table 29 North America Hydrogen Energy Storage Market Outlook, By Liquefaction (2017-2027) ($MN)
  • Table 30 North America Hydrogen Energy Storage Market Outlook, By Compression (2017-2027) ($MN)
  • Table 31 North America Hydrogen Energy Storage Market Outlook, By Storage Type (2017-2027) ($MN)
  • Table 32 North America Hydrogen Energy Storage Market Outlook, By Stationary Storage (2017-2027) ($MN)
  • Table 33 North America Hydrogen Energy Storage Market Outlook, By Physical Storage (2017-2027) ($MN)
  • Table 34 North America Hydrogen Energy Storage Market Outlook, By Chemical Storage (2017-2027) ($MN)
  • Table 35 North America Hydrogen Energy Storage Market Outlook, By State (2017-2027) ($MN)
  • Table 36 North America Hydrogen Energy Storage Market Outlook, By Liquid (2017-2027) ($MN)
  • Table 37 North America Hydrogen Energy Storage Market Outlook, By Solid (2017-2027) ($MN)
  • Table 38 North America Hydrogen Energy Storage Market Outlook, By Gas (2017-2027) ($MN)
  • Table 39 North America Hydrogen Energy Storage Market Outlook, By End User (2017-2027) ($MN)
  • Table 40 North America Hydrogen Energy Storage Market Outlook, By Steel & Metal Works (2017-2027) ($MN)
  • Table 41 North America Hydrogen Energy Storage Market Outlook, By Oil Refineries (2017-2027) ($MN)
  • Table 42 North America Hydrogen Energy Storage Market Outlook, By Chemical Industry (2017-2027) ($MN)
  • Table 43 North America Hydrogen Energy Storage Market Outlook, By Commercial (2017-2027) ($MN)
  • Table 44 North America Hydrogen Energy Storage Market Outlook, By Space Heating (2017-2027) ($MN)
  • Table 45 North America Hydrogen Energy Storage Market Outlook, By Transportation (2017-2027) ($MN)
  • Table 46 North America Hydrogen Energy Storage Market Outlook, By Utilities (2017-2027) ($MN)
  • Table 47 Europe Hydrogen Energy Storage Market Outlook, By Country (2017-2027) ($MN)
  • Table 48 Europe Hydrogen Energy Storage Market Outlook, By Storage Technology (2017-2027) ($MN)
  • Table 49 Europe Hydrogen Energy Storage Market Outlook, By Material Based (2017-2027) ($MN)
  • Table 50 Europe Hydrogen Energy Storage Market Outlook, By Chemical Hydrides (2017-2027) ($MN)
  • Table 51 Europe Hydrogen Energy Storage Market Outlook, By Metal Hydrides (2017-2027) ($MN)
  • Table 52 Europe Hydrogen Energy Storage Market Outlook, By Liquefaction (2017-2027) ($MN)
  • Table 53 Europe Hydrogen Energy Storage Market Outlook, By Compression (2017-2027) ($MN)
  • Table 54 Europe Hydrogen Energy Storage Market Outlook, By Storage Type (2017-2027) ($MN)
  • Table 55 Europe Hydrogen Energy Storage Market Outlook, By Stationary Storage (2017-2027) ($MN)
  • Table 56 Europe Hydrogen Energy Storage Market Outlook, By Physical Storage (2017-2027) ($MN)
  • Table 57 Europe Hydrogen Energy Storage Market Outlook, By Chemical Storage (2017-2027) ($MN)
  • Table 58 Europe Hydrogen Energy Storage Market Outlook, By State (2017-2027) ($MN)
  • Table 59 Europe Hydrogen Energy Storage Market Outlook, By Liquid (2017-2027) ($MN)
  • Table 60 Europe Hydrogen Energy Storage Market Outlook, By Solid (2017-2027) ($MN)
  • Table 61 Europe Hydrogen Energy Storage Market Outlook, By Gas (2017-2027) ($MN)
  • Table 62 Europe Hydrogen Energy Storage Market Outlook, By End User (2017-2027) ($MN)
  • Table 63 Europe Hydrogen Energy Storage Market Outlook, By Steel & Metal Works (2017-2027) ($MN)
  • Table 64 Europe Hydrogen Energy Storage Market Outlook, By Oil Refineries (2017-2027) ($MN)
  • Table 65 Europe Hydrogen Energy Storage Market Outlook, By Chemical Industry (2017-2027) ($MN)
  • Table 66 Europe Hydrogen Energy Storage Market Outlook, By Commercial (2017-2027) ($MN)
  • Table 67 Europe Hydrogen Energy Storage Market Outlook, By Space Heating (2017-2027) ($MN)
  • Table 68 Europe Hydrogen Energy Storage Market Outlook, By Transportation (2017-2027) ($MN)
  • Table 69 Europe Hydrogen Energy Storage Market Outlook, By Utilities (2017-2027) ($MN)
  • Table 70 Asia Pacific Hydrogen Energy Storage Market Outlook, By Country (2017-2027) ($MN)
  • Table 71 Asia Pacific Hydrogen Energy Storage Market Outlook, By Storage Technology (2017-2027) ($MN)
  • Table 72 Asia Pacific Hydrogen Energy Storage Market Outlook, By Material Based (2017-2027) ($MN)
  • Table 73 Asia Pacific Hydrogen Energy Storage Market Outlook, By Chemical Hydrides (2017-2027) ($MN)
  • Table 74 Asia Pacific Hydrogen Energy Storage Market Outlook, By Metal Hydrides (2017-2027) ($MN)
  • Table 75 Asia Pacific Hydrogen Energy Storage Market Outlook, By Liquefaction (2017-2027) ($MN)
  • Table 76 Asia Pacific Hydrogen Energy Storage Market Outlook, By Compression (2017-2027) ($MN)
  • Table 77 Asia Pacific Hydrogen Energy Storage Market Outlook, By Storage Type (2017-2027) ($MN)
  • Table 78 Asia Pacific Hydrogen Energy Storage Market Outlook, By Stationary Storage (2017-2027) ($MN)
  • Table 79 Asia Pacific Hydrogen Energy Storage Market Outlook, By Physical Storage (2017-2027) ($MN)
  • Table 80 Asia Pacific Hydrogen Energy Storage Market Outlook, By Chemical Storage (2017-2027) ($MN)
  • Table 81 Asia Pacific Hydrogen Energy Storage Market Outlook, By State (2017-2027) ($MN)
  • Table 82 Asia Pacific Hydrogen Energy Storage Market Outlook, By Liquid (2017-2027) ($MN)
  • Table 83 Asia Pacific Hydrogen Energy Storage Market Outlook, By Solid (2017-2027) ($MN)
  • Table 84 Asia Pacific Hydrogen Energy Storage Market Outlook, By Gas (2017-2027) ($MN)
  • Table 85 Asia Pacific Hydrogen Energy Storage Market Outlook, By End User (2017-2027) ($MN)
  • Table 86 Asia Pacific Hydrogen Energy Storage Market Outlook, By Steel & Metal Works (2017-2027) ($MN)
  • Table 87 Asia Pacific Hydrogen Energy Storage Market Outlook, By Oil Refineries (2017-2027) ($MN)
  • Table 88 Asia Pacific Hydrogen Energy Storage Market Outlook, By Chemical Industry (2017-2027) ($MN)
  • Table 89 Asia Pacific Hydrogen Energy Storage Market Outlook, By Commercial (2017-2027) ($MN)
  • Table 90 Asia Pacific Hydrogen Energy Storage Market Outlook, By Space Heating (2017-2027) ($MN)
  • Table 91 Asia Pacific Hydrogen Energy Storage Market Outlook, By Transportation (2017-2027) ($MN)
  • Table 92 Asia Pacific Hydrogen Energy Storage Market Outlook, By Utilities (2017-2027) ($MN)
  • Table 93 South America Hydrogen Energy Storage Market Outlook, By Country (2017-2027) ($MN)
  • Table 94 South America Hydrogen Energy Storage Market Outlook, By Storage Technology (2017-2027) ($MN)
  • Table 95 South America Hydrogen Energy Storage Market Outlook, By Material Based (2017-2027) ($MN)
  • Table 96 South America Hydrogen Energy Storage Market Outlook, By Chemical Hydrides (2017-2027) ($MN)
  • Table 97 South America Hydrogen Energy Storage Market Outlook, By Metal Hydrides (2017-2027) ($MN)
  • Table 98 South America Hydrogen Energy Storage Market Outlook, By Liquefaction (2017-2027) ($MN)
  • Table 99 South America Hydrogen Energy Storage Market Outlook, By Compression (2017-2027) ($MN)
  • Table 100 South America Hydrogen Energy Storage Market Outlook, By Storage Type (2017-2027) ($MN)
  • Table 101 South America Hydrogen Energy Storage Market Outlook, By Stationary Storage (2017-2027) ($MN)
  • Table 102 South America Hydrogen Energy Storage Market Outlook, By Physical Storage (2017-2027) ($MN)
  • Table 103 South America Hydrogen Energy Storage Market Outlook, By Chemical Storage (2017-2027) ($MN)
  • Table 104 South America Hydrogen Energy Storage Market Outlook, By State (2017-2027) ($MN)
  • Table 105 South America Hydrogen Energy Storage Market Outlook, By Liquid (2017-2027) ($MN)
  • Table 106 South America Hydrogen Energy Storage Market Outlook, By Solid (2017-2027) ($MN)
  • Table 107 South America Hydrogen Energy Storage Market Outlook, By Gas (2017-2027) ($MN)
  • Table 108 South America Hydrogen Energy Storage Market Outlook, By End User (2017-2027) ($MN)
  • Table 109 South America Hydrogen Energy Storage Market Outlook, By Steel & Metal Works (2017-2027) ($MN)
  • Table 110 South America Hydrogen Energy Storage Market Outlook, By Oil Refineries (2017-2027) ($MN)
  • Table 111 South America Hydrogen Energy Storage Market Outlook, By Chemical Industry (2017-2027) ($MN)
  • Table 112 South America Hydrogen Energy Storage Market Outlook, By Commercial (2017-2027) ($MN)
  • Table 113 South America Hydrogen Energy Storage Market Outlook, By Space Heating (2017-2027) ($MN)
  • Table 114 South America Hydrogen Energy Storage Market Outlook, By Transportation (2017-2027) ($MN)
  • Table 115 South America Hydrogen Energy Storage Market Outlook, By Utilities (2017-2027) ($MN)
  • Table 116 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Country (2017-2027) ($MN)
  • Table 117 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Storage Technology (2017-2027) ($MN)
  • Table 118 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Material Based (2017-2027) ($MN)
  • Table 119 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Chemical Hydrides (2017-2027) ($MN)
  • Table 120 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Metal Hydrides (2017-2027) ($MN)
  • Table 121 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Liquefaction (2017-2027) ($MN)
  • Table 122 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Compression (2017-2027) ($MN)
  • Table 123 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Storage Type (2017-2027) ($MN)
  • Table 124 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Stationary Storage (2017-2027) ($MN)
  • Table 125 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Physical Storage (2017-2027) ($MN)
  • Table 126 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Chemical Storage (2017-2027) ($MN)
  • Table 127 Middle East & Africa Hydrogen Energy Storage Market Outlook, By State (2017-2027) ($MN)
  • Table 128 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Liquid (2017-2027) ($MN)
  • Table 129 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Solid (2017-2027) ($MN)
  • Table 130 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Gas (2017-2027) ($MN)
  • Table 131 Middle East & Africa Hydrogen Energy Storage Market Outlook, By End User (2017-2027) ($MN)
  • Table 132 Middle East & Africa Hydrogen Energy Storage Market Outlook, By Steel & Metal Works (2017-2027) ($MN)
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