Europe 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: TIPRE00023048 | No. of Pages: 120 | Category: Manufacturing and Construction | Status: Published

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The hydrogen compressor market in Europe is expected to reach US$ 653.09 million by 2028 from US$ 478.84 million in 2021. The market is estimated to grow at a CAGR of 4.5% from 2021 to 2028.

The UK, Germany, France, Italy, and Russia are major economies in Europe. The industry's growth is likely to compel the upstream and downstream activities in the aforementioned countries. Innovation and advanced technologies have released unconventional drilling and completion operations to optimize oil and gas production and change economic power balance for the predictable future. The growing investment in the oil and gas sector is likely to boost the development of hydrogen compressors in the near future. Due to the favorable government support, numerous oil and gas projects are being initiated in the country.

 

In Europe, various key countries such as Germany, The UK, and France are the hardest-hit countries by the COVID-19 outbreak. Hence, the region is expected to suffer an economic hit due to a lack of revenue from various industries prevalent in such major countries. Additionally, with the outbreak of another/mutant variant of COVID-19 in European countries, has further deteriorated the conditions in different countries. The region is a significant industrial hub for sectors such as healthcare, chemicals, manufacturing, automotive, and energy & power. Amid the COVID-19 pandemic, many businesses in Europe have been facing financial challenges as they had to reduce their activities substantially, owing to lack of workforce, government restrictions in effect, and decrease in sales and demand. These factors had a direct impact on the European hydrogen compressor market growth in the year 2020. Russia, the UK, Italy, Spain, and France witnessed relatively high impact in 2020, some sectors in these countries are likely to continue to suffer till Mid-2021.

 

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 Europe hydrogen compressor market. The Europe hydrogen compressor market is expected to grow at a good CAGR during the forecast period.

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Europe Hydrogen Compressor Market Segmentation     

 

Europe Hydrogen Compressor Market – By Type

  • Oil-based
  • Oil-free

Europe Hydrogen Compressor Market- By Stage

  • Single-stage
  • Multi-stage

Europe Hydrogen Compressor Market- By End-User

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

Europe Hydrogen Compressor Market - By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Hydrogen Compressor Market -Companies Mentioned

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

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Europe Hydrogen Compressor Market – By Type

1.3.2        Europe Hydrogen Compressor Market – By Stage

1.3.3        Europe Hydrogen Compressor Market – By End-User

1.3.4        Europe Hydrogen Compressor Market – By Country

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Europe Hydrogen Compressor Market Landscape

4.1       Market Overview

4.2       Europe PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.             Europe Hydrogen Compressor Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1        Increased Adoption of Hydrogen Fuel Cell Vehicles

5.1.2        Thriving Oil and gas Sector

5.2       Key Market Restraints

5.2.1        Exorbitant Recurring Cost in Maintenance

5.3       Key Market Opportunities

5.3.1        Soaring Investments in New Energy & Power Projects Worldwide

5.4       Future Trends

5.4.1        Progression of Electrochemical Hydrogen Compressor (EHC)

5.5       Impact Analysis of Drivers and Restraints

6.             Hydrogen Compressor Market – Europe Market Analysis

6.1       Europe Hydrogen Compressor Market Overview

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

7.             Europe Hydrogen Compressor Market Analysis – By Type

7.1       Overview

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

7.3       Oil-Based

7.3.1        Overview

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

7.4       Oil-Free

7.4.1        Overview

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

8.             Europe Hydrogen Compressor Market Analysis– By Stage

8.1       Overview

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

8.3       Single-Stage

8.3.1        Overview

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

8.4       Multi-Stage

8.4.1        Overview

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

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

9.1       Overview

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

9.3       Chemicals

9.3.1        Overview

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

9.6       Renewable Energy

9.6.1        Overview

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

10.          Europe Hydrogen Compressor Market – Country Analysis

10.1    Overview

10.1.1     Europe: Hydrogen Compressor Market, by Key Country

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

10.1.1.1.1    Germany: Hydrogen Compressor Market, by Type

10.1.1.1.2    Germany: Hydrogen Compressor Market, by Stage

10.1.1.1.3    Germany: Hydrogen Compressor Market, by End-Users

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

10.1.1.2.1    France: Hydrogen Compressor Market, by Type

10.1.1.2.2    France: Hydrogen Compressor Market, by Stage

10.1.1.2.3    France: Hydrogen Compressor Market, by End-Users

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

10.1.1.3.1    Italy: Hydrogen Compressor Market, by Type

10.1.1.3.2    Italy: Hydrogen Compressor Market, by Stage

10.1.1.3.3    Italy: Hydrogen Compressor Market, by End-Users

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

10.1.1.4.1    UK: Hydrogen Compressor Market, by Type

10.1.1.4.2    UK: Hydrogen Compressor Market, by Stage

10.1.1.4.3    UK: Hydrogen Compressor Market, by End-Users

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

10.1.1.5.1    Russia: Hydrogen Compressor Market, by Type

10.1.1.5.2    Russia: Hydrogen Compressor Market, by Stage

10.1.1.5.3    Russia: Hydrogen Compressor Market, by End-Users

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

10.1.1.6.1    Rest of Europe: Hydrogen Compressor Market, by Type

10.1.1.6.2    Rest of Europe: Hydrogen Compressor Market, by Stage

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

11.          Europe 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    Lenhardt & Wagner GmbH

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    PDC Machines Inc.

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

14.          Appendix

14.1    About The Insight Partners

14.2    Word Index

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 21.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Hydrogen Compressor Market Segmentation

Figure 2.           Europe Hydrogen Compressor Market Segmentation – By Country

Figure 3.           Europe Hydrogen Compressor Market Overview

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

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

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

Figure 7.           Germany to Show Great Traction During Forecast Period in the Europe hydrogen compressor market

Figure 8.           Europe – PEST Analysis

Figure 9.           Europe Hydrogen Compressor Market Ecosystem

Figure 10.        Expert Opinions

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 26.        Europe: Hydrogen Compressor Market Revenue Share, by Key Country (2020 and 2028)

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

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

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

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

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

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

Figure 33.        Impact of COVID-19 Pandemic in Europe 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. Lenhardt & Wagner GmbH
  8. NEUMAN & ESSER GROUP
  9. PDC Machines Inc.

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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 Europe 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
TIPRE00023048
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