Asia Pacific Hydrogen Compressor Market Key Companies and SWOT Analysis by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

Asia Pacific Hydrogen Compressor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Oil-Based and Oil-Free), Stage (Single-Stage and Multi-Stage), and End-User (Chemicals, Oil and Gas, Automotive and Transportation, Renewable Energy, and Other End-Users)

Report Date : Jun 2021
Report Code : TIPRE00023021

Category : Manufacturing and Construction
Status : Published

Available Report Formats :
No. of Pages : 119

Page Updated: Jun 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The hydrogen compressor market in APAC is expected to reach US$ 1,055.14 million by 2028 from US$ 700.08 million in 2021. The market is estimated to grow at a CAGR of 6.0% from 2021 to 2028.

Australia, China, India, Japan, and South Korea are major economies in APAC. Due to the mounting urbanization and industrial growth, the energy consumption has risen manifolds. Thus, to meet the soaring demand for power, the development of sub-transmission and intrastate transmission networks is expanding. The escalating demand for energy & power, owing to rising household incomes and increasing manufacturing and heavy industries, is boosting the deployment of hydrogen compressors. Renewable energy plays a significant role for offering access to electricity. Moreover, in APAC, India is the 3rd largest producer of electricity, and the generating capacity is exponentially expanding due to favorable government support and initiation of numerous power generation projects. The growth in electrical infrastructure projects worldwide is driving the use of hydrogen compressors among several energy & power projects and creating huge opportunities for the hydrogen compressor market players.

China and India are known for the increased emphasis on industrialization, and they are among the prominent manufacturing hubs in APAC. The lockdown imposed by several country governments amid the COVID-19 pandemic has severely affected the growth of the energy & power, chemicals, and food & beverages industries. Nevertheless, these industries are soon likely to recover this damage by ramping up their production capabilities from the second half of 2021. Companies in Asia have restructured their capabilities by adopting strategies such as automation, partnership, and acquisition. Moreover, the demand for advanced electronics, such as hydrogen compressors, has risen significantly in these countries. China is responsible for more than 80% of the global supply chain of raw material. The country managed to control the spread of COVID-19 during the second quarter of 2020, and industries are up and running. Hubei, for example, is one of China's four main car production centers, with over 100 automotive suppliers. Hubei's automotive plants began to reopen gradually after March 11, 2020. Such developments are expected to present a positive outlook for the hydrogen compressor market players in APAC countries.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC hydrogen compressor market. The APAC hydrogen compressor market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

APAC Hydrogen Compressor Market Segmentation

APAC Hydrogen Compressor Market – By Type

Oil-based
Oil-free

APAC Hydrogen Compressor Market- By Stage

Single-stage
Multi-stage

APAC Hydrogen Compressor Market- By End-User

Chemicals
Oil and Gas
Automotive and Transportation
Renewable Energy
Other End-users

APAC Hydrogen Compressor Market - By Country

Australia
China
India
Japan
South Korea
Rest of APAC

APAC Hydrogen Compressor Market -Companies Mentioned

Atlas Copco AB
Burckhardt Compression AG
Fluitron, Inc.
Gardner Denver Nash, LLC
HAUG Sauer Kompressoren AG
Howden Group
Hydro-Pac, Inc.
Lenhardt & Wagner GmbH
NEUMAN & ESSER GROUP
PDC Machines Inc.

Asia Pacific Hydrogen Compressor Report Scope

Report Attribute	Details
Market size in 2021	US$ 700.08 Million
Market Size by 2028	US$ 1,055.14 Million
Global CAGR (2021 - 2028)	6.0%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Oil-Based and Oil-Free By Stage Single-Stage and Multi-Stage By End-User Chemicals Oil and Gas Automotive and Transportation Renewable Energy Other End-Users
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	Atlas Copco AB Burckhardt Compression AG Fluitron, Inc. Gardner Denver Nash, LLC HAUG Sauer Kompressoren AG Howden Group Hydro-Pac, Inc. Lenhardt & Wagner GmbH NEUMAN & ESSER GROUP

Research Manager

Nivedita Upadhyay

Manager,
Market Research & Consulting

Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

What are the Asia Pacific Hydrogen Compressor Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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