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)

Publication Month: Jun 2021 | Report Code: TIPRE00023021 | No. of Pages: 119 | Category: Manufacturing and Construction | Status: Published

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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.

APAC hydrogen compressor market

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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.

TABLE OF CONTENTS

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        APAC Hydrogen Compressor Market – By Type

1.3.2        APAC Hydrogen Compressor Market – By Stage

1.3.3        APAC Hydrogen Compressor Market – By End-User

1.3.4        APAC Hydrogen Compressor Market – By Country

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             APAC Hydrogen Compressor Market Landscape

4.1       Market Overview

4.2       APAC PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.             APAC Hydrogen Compressor Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1        Expanding Adoption of Hydrogen Fuel Cell Vehicles

5.1.2        Burgeoning Oil and gas Sector

5.2       Key Market Restraints

5.2.1        Expensive Recurring Cost in Maintenance

5.3       Key Market Opportunities

5.3.1        Upsurge Investments in New Energy & Power Projects Worldwide

5.4       Future Trends

5.4.1        Enhancement of Electrochemical Hydrogen Compressor (EHC)

5.5       Impact Analysis of Drivers and Restraints

6.             Hydrogen Compressor Market – APAC Market Analysis

6.1       APAC Hydrogen Compressor Market Overview

6.2       APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

7.             APAC Hydrogen Compressor Market Analysis – By Type

7.1       Overview

7.2       APAC Hydrogen Compressor Market Breakdown, By Type (2020 and 2028)

7.3       Oil-Based

7.3.1        Overview

7.3.2        Oil-Based: APAC  Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

7.4       Oil-Free

7.4.1        Overview

7.4.2        Oil-Free: APAC  Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

8.             APAC Hydrogen Compressor Market Analysis– By Stage

8.1       Overview

8.2       APAC Hydrogen Compressor Market Breakdown, By Stage (2020 and 2028)

8.3       Single-Stage

8.3.1        Overview

8.3.2        Single-Stage APAC  Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

8.4       Multi-Stage

8.4.1        Overview

8.4.2        Multi-Stage: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.             APAC Hydrogen Compressor Market Analysis – By End-user

9.1       Overview

9.2       APAC Hydrogen Compressor Market, By End-user (2020 and 2028)

9.3       Chemicals

9.3.1        Overview

9.3.2        Chemicals: APAC  Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.4       Oil and Gas

9.4.1        Overview

9.4.2        Oil and Gas: APAC  Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.5       Automotive and Transportation

9.5.1        Overview

9.5.2        Automotive and Transportation: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.6       Renewable Energy

9.6.1        Overview

9.6.2        Renewable Energy: APAC  Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.7       Other End-users

9.7.1        Overview

9.7.2        Other End-users: APAC  Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

10.          APAC Hydrogen Compressor Market – Country Analysis

10.1    Overview

10.1.1     Asia Pacific: Hydrogen Compressor Market, by Key Country

10.1.1.1    Australia: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1    Australia: Hydrogen Compressor Market, by Type

10.1.1.1.2    Australia: Hydrogen Compressor Market, by Stage

10.1.1.1.3    Australia: Hydrogen Compressor Market, by End-Users

10.1.1.2    China: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1    China: Hydrogen Compressor Market, by Type

10.1.1.2.2    China: Hydrogen Compressor Market, by Stage

10.1.1.2.3    China: Hydrogen Compressor Market, by End-Users

10.1.1.3    India: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1    India: Hydrogen Compressor Market, by Type

10.1.1.3.2    India: Hydrogen Compressor Market, by Stage

10.1.1.3.3    India: Hydrogen Compressor Market, by End-Users

10.1.1.4    Japan: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1    Japan: Hydrogen Compressor Market, by Type

10.1.1.4.2    Japan: Hydrogen Compressor Market, by Stage

10.1.1.4.3    Japan: Hydrogen Compressor Market, by End-Users

10.1.1.5    South Korea: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1    South Korea: Hydrogen Compressor Market, by Type

10.1.1.5.2    South Korea: Hydrogen Compressor Market, by Stage

10.1.1.5.3    South Korea: Hydrogen Compressor Market, by End-Users

10.1.1.6    Rest of Asia Pacific: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1    Rest of Asia Pacific: Hydrogen Compressor Market, by Type

10.1.1.6.2    Rest of Asia Pacific: Hydrogen Compressor Market, by Stage

10.1.1.6.3    Rest of Asia Pacific: Hydrogen Compressor Market, by End-Users

11.          Hydrogen Compressor Market- COVID-19 Impact Analysis

11.1    Overview

12.          Industry Landscape

12.1    Overview

12.2    Market Initiative

12.3    New Product Development

13.         Company Profiles

13.1    Atlas Copco AB

13.1.1     Key Facts

13.1.2     Business Description

13.1.3      Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Burckhardt Compression AG

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6      Key Developments

13.3    Fluitron, Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3      Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Gardner Denver Nash, LLC

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    Howden Group

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4      Financial Overview

13.5.5     SWOT Analysis

13.5.6      Key Developments

13.6    HAUG Sauer Kompressoren AG

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4      Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    NEUMAN & ESSER GROUP

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    Hydro-Pac, Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6      Key Developments

13.9    Lenhardt & Wagner GmbH

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4      Financial Overview

13.9.5     SWOT Analysis

13.9.6      Key Developments

13.10 PDC Machines Inc.

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Products and Services

13.10.4    Financial Overview

13.10.5   SWOT Analysis

13.10.6    Key Developments

14.          Appendix

14.1    About The Insight Partners

14.2    Word Index

LIST OF TABLES

Table 1.             APAC Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             Asia Pacific Hydrogen Compressor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Australia: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Australia: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 6.             China: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             China: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 8.             China: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 9.             India: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          India: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 11.          India: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Japan: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Japan: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Japan: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 15.          South Korea: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 16.          South Korea: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 17.          South Korea: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of Asia Pacific: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of Asia Pacific: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Rest of Asia Pacific: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028  (US$ Million)

Table 21.          List of Abbreviation

LIST OF FIGURES

Figure 1.           APAC Hydrogen Compressor Market Segmentation

Figure 2.           APAC Hydrogen Compressor Market Segmentation – By Country

Figure 3.           APAC Hydrogen Compressor Market Overview

Figure 4.           Oil-Based Segment held the Largest Share of APAC Hydrogen Compressor Market

Figure 5.           Multi-Stage Segment held the Largest Share of APAC Hydrogen Compressor Market

Figure 6.           Oil and Gas segment held the Largest Share of APAC Hydrogen Compressor Market

Figure 7.           China to Show Great Traction During Forecast Period in the APAC hydrogen compressor market

Figure 8.           APAC  PEST Analysis

Figure 9.           APAC Hydrogen Compressor Market Ecosystem

Figure 10.        Expert Opinions

Figure 11.        APAC Hydrogen Compressor Market Impact Analysis of Drivers and Restraints

Figure 12.        Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)

Figure 13.        APAC Hydrogen Compressor Market Breakdown, By Type (2020 and 2028)

Figure 14.        APAC Oil-Based: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 15.        APAC Oil-Free: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 16.        APAC Hydrogen Compressor Market Breakdown, By Stage (2020 and 2028)

Figure 17.        APAC Single-Stage: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 18.        APAC Multi-Stage: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 19.        APAC Hydrogen Compressor Market Breakdown, By End-user (2020 and 2028)

Figure 20.        Chemicals : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 21.        APAC Oil and Gas : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 22.        APAC Automotive and Transportation : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 23.        APAC Renewable Energy : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 24.        APAC Other end-users : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 25.        Asia Pacific: Hydrogen Compressor Market, by Key Country-Revenue 2020 (US$ Million)

Figure 26.        Asia Pacific: Hydrogen Compressor Market Revenue Share, by Key Country (2020 & 2028)

Figure 27.        Australia: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        China: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        India: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Japan: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        South Korea: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Rest of Asia Pacific: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets


  1. Atlas Copco AB
  2. Burckhardt Compression AG
  3. Fluitron, Inc.
  4. Gardner Denver Nash, LLC
  5. HAUG Sauer Kompressoren AG
  6. Howden Group
  7. Hydro-Pac, Inc.
  8. Lenhardt & Wagner GmbH
  9. NEUMAN & ESSER GROUP
  10. PDC Machines Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Hydrogen Compressor Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC Hydrogen Compressor market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving Hydrogen Compressor market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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