Hydrogen Compressors Market Forecast to 2028 - COVID-19 Impact and Global 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) and Geography

Publication Month: May 2021 | Report Code: TIPRE00019472 | No. of Pages: 160 | Category: Manufacturing and Construction | Status: Published

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The hydrogen compressor market was valued at US$ 1,894.15 million in 2020 and is projected to reach US$ 2,813.27 million by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028.

 

Hydrogen is one of the most efficient fuels with the highest energy content per weight. However, the hydrogen density in ambient conditions is ~90 g per cubic meter. Therefore, to attain functional levels of energy density, the efficient compression of hydrogen is necessary. The hydrogen compressors are effectively used to compress small to medium quantities of hydrogen to high and as per the requirement, they can also be used for extremely high pressures of more than 5,000 bar (75,000 PSI). Moreover, less than 250 bar (3,600 PSI) pressure is required to compress high quantities of oil-free hydrogen. In case, above 10 Megawatts of drive power is used to achieve any hydrogen compression requirement. Further, in case the oil traces are permitted in the gas, the discharge pressures in the range of more than 600 bar (9,000 PSI) are possible with lubricated compression, which is one of the significant factors expected to boost the market during the forecast period. Furthermore, due to soaring concerns of depletion of natural resources and environment degradation, several technologies are developed and announced in the market that favor the eco-friendly concept to sustain the environment. Likewise, surge in awareness related to the effects of air pollution and boosting levels of traffic & greenhouse gas emissions is driving the implementation of hydrogen fuel cell vehicles. Also, the mounting development of fuel cell electric vehicles (FCEVs) provides improved fuel economy than internal combustion engine (ICE) vehicles. The FCEV has a fuel economy of around 63 miles per gallon gasoline equivalent (MPGge), while that of an ICE vehicle is 29 MPGge on roads. Hybridization enhances the fuel economy of an FCEV by approximately 3.2%. This is further boosting the growth of the hydrogen compressor market globally.

 

Impact of COVID-19 Pandemic on Hydrogen Compressor Market

The COVID-19 pandemic has been affecting operations of various industries in different countries since the first quarter of 2020. The tremendous spike in the infection has urged governments worldwide to impose strict restrictions on transportation. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has disturbed economies and industries in various countries. The lockdown imposition has resulted in lesser production of commodities, goods, and services along with discontinuation of supply chain activities at several nodes. Chemical, oil and gas, and energy & power, among other industries, have witnessed a decline in operations due to the temporary shutdown of activities. Small and medium enterprise owners have been witnessing more severe consequences of the pandemic. These conditions are also limiting the hydrogen compressor market growth.

 

Lucrative Regions for Hydrogen Compressor Providers

Lucrative Regions for Hydrogen Compressor Providers

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Hydrogen Compressor Market Insights

Booming Oil and gas Sector Fuels Growth of Hydrogen Compressor Market

The oil & gas industry is proliferating in several developing countries such as China and India. 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 & gas production and change economic power balance for the predictable future. The growing investment in the oil & gas sector is likely to boost the development of hydrogen compressors in the near future. As per the Indian Brand Equity Foundation, the government of India is expected to invest US$ 2.86 billion in upstream oil & gas production to increase its natural gas production by 2022. Due to the favorable government support, numerous oil & gas projects are being initiated in the country.


Type - Based Market Insights

Based on type, the hydrogen compressor market is segmented into oil-based and oil-free. In 2020, the oil-based segment accounted for larger share in the market. The oil in the compressor also helps to maintain air compression efficiency and dissipate heat. The oil-based hydrogen compressor demands more routine maintenance and frequent change of oil. It also requires better filtration of hydrogen using separators & coalescing filters to remove the oil and protect downstream equipment and processes from contamination.

 

Hydrogen Compressor Market, by Type – 2020 and 2028

Hydrogen Compressor Market, by Type – 2020 and 2028

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Stage-Based Market Insights

Based on stage, the hydrogen compressor market is bifurcated into single-stage and multi-stage. In 2020, the multi-stage segment accounted for a larger market share.

 

End-User-Based Market Insights

By end-user, the hydrogen compressor market is segmented into chemical, oil and gas, automotive and transportation, renewable energy, and other end-users. In 2020, the oil & gas segment accounted for the largest share in the market.

 

Strategic Insights

The players operating in the hydrogen compressor market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

 

  • In 2021, ENGV, PDC Machines Inc., and IVYS Inc. have combined efforts to set up the first retail hydrogen station in Australia. The station would support a fleet of 20 Hyundai Nexo clean-running hydrogen fuel cell vehicles for use in the Australia Capital Government, catalyzing the rollout of public-facing, retail hydrogen applications.

 

  • In 2021, Howden Group has been selected to deliver a hydrogen compression solution for Everfuel’s green hydrogen production facility, HySynergy in Denmark. The reliability, efficiency, and safety delivered by Howden’s compression solution enable Everfuel’s goal to provide Denmark with green hydrogen in a safe and controlled manner.

 

The global hydrogen compressor market has been segmented as given below:

By Type

  • Oil-Based
  • Oil-Free

 

By Stage

  • Single-Stage
  • Multi-Stage

 

By End-User

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

 

By Geography

  • North America
      • US
      • Canada
      • Mexico
  • Europe
      • France
      • Germany
      • Italy
      • UK
      • Russia
      • Rest of Europe
  • Asia Pacific (APAC)
      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC
  • Middle East & Africa (MEA)
      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA
  • South America (SAM)
      • Brazil
      • Argentina
      • Rest of SAM

 

Company Profiles

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

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Global Hydrogen Compressor Market – By Type

1.3.2        Global Hydrogen Compressor Market – By Stage

1.3.3        Global Hydrogen Compressor Market – By End-User

1.3.4        Global Hydrogen Compressor Market – By Geography

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Hydrogen Compressor Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        APAC

4.2.4        MEA

4.2.5        SAM

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.             Hydrogen Compressor Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1        Growing Adoption of Hydrogen Fuel Cell Vehicles

5.1.2        Booming Oil and gas Sector

5.2       Key Market Restraints

5.2.1        High Recurring Cost in Maintenance

5.3       Key Market Opportunities

5.3.1        Rising Investments in New Energy & Power Projects Worldwide

5.4       Future Trends

5.4.1        Development of Electrochemical Hydrogen Compressor (EHC)

5.5       Impact Analysis of Drivers and Restraints

6.             Hydrogen Compressor Market – Global Market Analysis

6.1       Hydrogen Compressor Market Overview

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

6.3       Market Positioning – Five Key Players

7.             Hydrogen Compressor Market Analysis – By Type

7.1       Overview

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

7.3       Oil-Based

7.3.1        Overview

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

7.4       Oil-Free

7.4.1        Overview

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

8.             Hydrogen Compressor Market Analysis– By Stage

8.1       Overview

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

8.3       Single-Stage

8.3.1        Overview

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

8.4       Multi-Stage

8.4.1        Overview

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

9.             Hydrogen Compressor Market Analysis – By End-user

9.1       Overview

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

9.3       Chemicals

9.3.1        Overview

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

9.6       Renewable Energy

9.6.1        Overview

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

10.          Hydrogen Compressor Market – Geographic Analysis

10.1    Overview

10.2    North America: Hydrogen Compressor Market

10.2.1     North America: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.2.2     North America: Hydrogen Compressor Market, by Type

10.2.3     North America: Hydrogen Compressor Market, by Stage

10.2.4     North America: Hydrogen Compressor Market, by End-Users

10.2.5     North America: Hydrogen Compressor Market, by Key Country

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

10.2.5.1.1    US: Hydrogen Compressor Market, by Type

10.2.5.1.2    US: Hydrogen Compressor Market, by Stage

10.2.5.1.3    US: Hydrogen Compressor Market, by End-Users

10.2.5.2    Canada: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.2.1    Canada: Hydrogen Compressor Market, by Type

10.2.5.2.2    Canada: Hydrogen Compressor Market, by Stage

10.2.5.2.3    Canada: Hydrogen Compressor Market, by End-Users

10.2.5.3    Mexico: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.3.1    Mexico: Hydrogen Compressor Market, by Type

10.2.5.3.2    Mexico: Hydrogen Compressor Market, by Stage

10.2.5.3.3    Mexico: Hydrogen Compressor Market, by End-Users

10.3    Europe: Hydrogen Compressor Market

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

10.3.2     Europe: Hydrogen Compressor Market, by Type

10.3.3     Europe: Hydrogen Compressor Market, by Stage

10.3.4     Europe: Hydrogen Compressor Market, by End-Users

10.3.5     Europe: Hydrogen Compressor Market, by Key Country

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

10.3.5.1.1    Germany: Hydrogen Compressor Market, by Type

10.3.5.1.2    Germany: Hydrogen Compressor Market, by Stage

10.3.5.1.3    Germany: Hydrogen Compressor Market, by End-Users

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

10.3.5.2.1    France: Hydrogen Compressor Market, by Type

10.3.5.2.2    France: Hydrogen Compressor Market, by Stage

10.3.5.2.3    France: Hydrogen Compressor Market, by End-Users

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

10.3.5.3.1    Italy: Hydrogen Compressor Market, by Type

10.3.5.3.2    Italy: Hydrogen Compressor Market, by Stage

10.3.5.3.3    Italy: Hydrogen Compressor Market, by End-Users

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

10.3.5.4.1    UK: Hydrogen Compressor Market, by Type

10.3.5.4.2    UK: Hydrogen Compressor Market, by Stage

10.3.5.4.3    UK: Hydrogen Compressor Market, by End-Users

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

10.3.5.5.1    Russia: Hydrogen Compressor Market, by Type

10.3.5.5.2    Russia: Hydrogen Compressor Market, by Stage

10.3.5.5.3    Russia: Hydrogen Compressor Market, by End-Users

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

10.3.5.6.1    Rest of Europe: Hydrogen Compressor Market, by Type

10.3.5.6.2    Rest of Europe: Hydrogen Compressor Market, by Stage

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

10.4    Asia Pacific: Hydrogen Compressor Market

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

10.4.2     Asia Pacific: Hydrogen Compressor Market, by Type

10.4.3     Asia Pacific: Hydrogen Compressor Market, by Stage

10.4.4     Asia Pacific: Hydrogen Compressor Market, by End-Users

10.4.5     Asia Pacific: Hydrogen Compressor Market, by Key Country

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

10.4.5.1.1    Australia: Hydrogen Compressor Market, by Type

10.4.5.1.2    Australia: Hydrogen Compressor Market, by Stage

10.4.5.1.3    Australia: Hydrogen Compressor Market, by End-Users

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

10.4.5.2.1    China: Hydrogen Compressor Market, by Type

10.4.5.2.2    China: Hydrogen Compressor Market, by Stage

10.4.5.2.3    China: Hydrogen Compressor Market, by End-Users

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

10.4.5.3.1    India: Hydrogen Compressor Market, by Type

10.4.5.3.2    India: Hydrogen Compressor Market, by Stage

10.4.5.3.3    India: Hydrogen Compressor Market, by End-Users

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

10.4.5.4.1    Japan: Hydrogen Compressor Market, by Type

10.4.5.4.2    Japan: Hydrogen Compressor Market, by Stage

10.4.5.4.3    Japan: Hydrogen Compressor Market, by End-Users

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

10.4.5.5.1    South Korea: Hydrogen Compressor Market, by Type

10.4.5.5.2    South Korea: Hydrogen Compressor Market, by Stage

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

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

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

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

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

10.5    Middle East & Africa (MEA): Hydrogen Compressor Market

10.5.1     MEA: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.5.2     MEA: Hydrogen Compressor Market, by Type

10.5.3     MEA: Hydrogen Compressor Market, by Stage

10.5.4     MEA: Hydrogen Compressor Market, by End-Users

10.5.5     MEA: Hydrogen Compressor Market, by Key Country

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

10.5.5.1.1    South Africa: Hydrogen Compressor Market, by Type

10.5.5.1.2    South Africa: Hydrogen Compressor Market, by Stage

10.5.5.1.3    South Africa: Hydrogen Compressor Market, by End-Users

10.5.5.2    Saudi Arabia: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.2.1    Saudi Arabia: Hydrogen Compressor Market, by Type

10.5.5.2.2    Saudi Arabia: Hydrogen Compressor Market, by Stage

10.5.5.2.3    Saudi Arabia: Hydrogen Compressor Market, by End-Users

10.5.5.3    UAE: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.3.1    UAE: Hydrogen Compressor Market, by Type

10.5.5.3.2    UAE: Hydrogen Compressor Market, by Stage

10.5.5.3.3    UAE: Hydrogen Compressor Market, by End-Users

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

10.5.5.4.1    Rest of MEA: Hydrogen Compressor Market, by Type

10.5.5.4.2    Rest of MEA: Hydrogen Compressor Market, by Stage

10.5.5.4.3    Rest of MEA: Hydrogen Compressor Market, by End-Users

10.6    South America: Hydrogen Compressor Market

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

10.6.2     South America: Hydrogen Compressor Market, by Type

10.6.3     South America: Hydrogen Compressor Market, by Stage

10.6.4     South America: Hydrogen Compressor Market, by End-Users

10.6.5     South America: Hydrogen Compressor Market, by Key Country

10.6.5.1    Brazil: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.1.1    Brazil: Hydrogen Compressor Market, by Type

10.6.5.1.2    Brazil: Hydrogen Compressor Market, by Stage

10.6.5.1.3    Brazil: Hydrogen Compressor Market, by End-Users

10.6.5.2    Argentina: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.2.1    Argentina: Hydrogen Compressor Market, by Type

10.6.5.2.2    Argentina: Hydrogen Compressor Market, by Stage

10.6.5.2.3    Argentina: Hydrogen Compressor Market, by End-Users

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

10.6.5.3.1    Rest of SAM: Hydrogen Compressor Market, by Type

10.6.5.3.2    Rest of SAM: Hydrogen Compressor Market, by Stage

10.6.5.3.3    Rest of SAM: Hydrogen Compressor Market, by End-Users

11.          Hydrogen Compressor Market- COVID-19 Impact Analysis

11.1    Overview

11.2    North America

11.3    Europe

11.4    APAC

11.5    MEA

11.6    SAM

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

Table 2.             North America: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

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

Table 4.             North America: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 5.             North America Hydrogen Compressor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 19.          Germany: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Germany: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Germany: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 22.          France: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 23.          France: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 24.          France: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 25.          Italy: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 26.          Italy: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 27.          Italy: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 28.          UK: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 29.          UK: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 30.          UK: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 31.          Russia: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 32.          Russia: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 33.          Russia: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 34.          Rest of Europe: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 35.          Rest of Europe: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 36.          Rest of Europe: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 37.          Asia Pacific: Hydrogen Compressor Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 38.          Asia Pacific: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 39.          Asia Pacific: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 40.          Asia Pacific Hydrogen Compressor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 41.          Australia: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 42.          Australia: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 43.          Australia: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 44.          China: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 45.          China: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 46.          China: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 47.          India: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 48.          India: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 49.          India: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 50.          Japan: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 51.          Japan: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 52.          Japan: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 53.          South Korea: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 54.          South Korea: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 55.          South Korea: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 56.          Rest of Asia Pacific: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 57.          Rest of Asia Pacific: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 58.          Rest of Asia Pacific: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028  (US$ Million)

Table 59.          MEA Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 60.          MEA: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 61.          MEA: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 62.          MEA Hydrogen Compressor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 63.          South Africa: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 64.          South Africa: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 65.          South Africa: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 66.          Saudi Arabia: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 67.          Saudi Arabia: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 68.          Saudi Arabia: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 69.          UAE: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 70.          UAE: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 71.          UAE: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 72.          Rest of MEA: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 73.          Rest of MEA: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 74.          Rest of MEA: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 75.          South America: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 76.          South America: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 77.          South America: Hydrogen Compressor Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 78.          South America Hydrogen Compressor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 79.          Brazil: Hydrogen Compressor Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 80.          Brazil: Hydrogen Compressor Market, by Stage –Revenue and Forecast to 2028 (US$ Million)

Table 81.          Brazil: Hydrogen Compressor Market, by End-Users –Revenue and Forecast to 2028 (US$ Million)

Table 82.          Argentina: Hydrogen Compressor Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 83.          Argentina: Hydrogen Compressor Market, by Stage –Revenue and Forecast to 2028 (US$ Million)

Table 84.          Argentina: Hydrogen Compressor Market, by End-Users –Revenue and Forecast to 2028 (US$ Million)

Table 85.          Rest of SAM: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 86.          Rest of SAM: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 87.          Rest of SAM: Hydrogen Compressor Market, by End-Users –Revenue and Forecast to 2028  (Rest of SAM$ Million)

Table 88.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Hydrogen Compressor Market Segmentation

Figure 2.           Hydrogen Compressor Market Segmentation – By Geography

Figure 3.           Global Hydrogen Compressor Market Overview

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

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

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

Figure 7.           APAC to Show Great Traction During Forecast Period

Figure 8.           North America – PEST Analysis

Figure 9.           Europe – PEST Analysis

Figure 10.        Asia-Pacific- PEST Analysis

Figure 11.        MEA: PEST Analysis

Figure 12.        South America- PEST Analysis

Figure 13.        Hydrogen Compressor Market Ecosystem

Figure 14.        Expert Opinions

Figure 15.        Hydrogen Compressor Market Impact Analysis of Drivers and Restraints

Figure 16.        Hydrogen Compressor Market – Geographic Analysis

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

Figure 1.           Hydrogen Compressor Market Breakdown, By Type (2020 and 2028)

Figure 2.           Oil-Based: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 3.           Oil-Free: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 4.           Hydrogen Compressor Market Breakdown, By Stage (2020 and 2028)

Figure 5.           Single-Stage: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 6.           Multi-Stage: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 7.           Hydrogen Compressor Market Breakdown, By End-user (2020 and 2028)

Figure 8.           Chemicals : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 9.           Oil and Gas : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 10.        Automotive and Transportation : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 11.        Renewable Energy : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

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

Figure 13.        Global Hydrogen Compressor Market Revenue Share, by Region (2020 and 2028)

Figure 14.        North America: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America: Hydrogen Compressor Market Revenue Share, by Type (2020 and 2028)

Figure 16.        North America: Hydrogen Compressor Market Revenue Share, by Stage (2020 and 2028)

Figure 17.        North America: Hydrogen Compressor Market Revenue Share, by End-Users (2020 and 2028)

Figure 18.        North America: Hydrogen Compressor Market Revenue Share, by Key Country (2020 and 2028)

Figure 19.        US: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

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

Figure 21.        Mexico: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

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

Figure 23.        Europe: Hydrogen Compressor Market Revenue Share, by Type (2020 and 2028)

Figure 24.        Europe: Hydrogen Compressor Market Revenue Share, by Stage (2020 and 2028)

Figure 25.        Europe: Hydrogen Compressor Market Revenue Share, by End-Users (2020 and 2028)

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

Figure 34.        Asia Pacific: Hydrogen Compressor Market Revenue Share, by Type (2020 and 2028)

Figure 35.        Asia Pacific: Hydrogen Compressor Market Revenue Share, by Stage (2020 and 2028)

Figure 36.        Asia Pacific: Hydrogen Compressor Market Revenue Share, by End-Users (2020 and 2028)

Figure 37.        Asia Pacific: Hydrogen Compressor Market Revenue Share, by Key Country (2020 and 2028)

Figure 38.        Australia: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        China: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        India: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41.        Japan: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42.        South Korea: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43.        Rest of Asia Pacific: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44.        MEA: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45.        MEA: Hydrogen Compressor Market Revenue Share, by Type (2020 and 2028)

Figure 46.        MEA: Hydrogen Compressor Market Revenue Share, by Stage (2020 and 2028)

Figure 47.        MEA: Hydrogen Compressor Market Revenue Share, by End-Users (2020 and 2028)

Figure 48.        MEA: Hydrogen Compressor Market Revenue Share, by Key Country (2020 and 2028)

Figure 49.        South Africa: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50.        Saudi Arabia: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51.        UAE: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 52.        Rest of MEA: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 53.        South America: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 54.        South America: Hydrogen Compressor Market Revenue Share, by Type (2020 and 2028)

Figure 55.        South America: Hydrogen Compressor Market Revenue Share, by Stage (2020 and 2028)

Figure 56.        South America: Hydrogen Compressor Market Revenue Share, by End-Users (2020 and 2028)

Figure 57.        South America: Hydrogen Compressor Market Revenue Share, by Key Country (2020 and 2028)

Figure 58.        Brazil: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59.        Argentina: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60.        Rest of SAM: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 62.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 63.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 64.        Impact of COVID-19 Pandemic in MEA Markets

Figure 65.        Impact of COVID-19 Pandemic in SAM Markets

The List of Companies - Hydrogen Compressor Market

  1. Atlas Copco AB
  2. Burckhardt Compression AG
  3. Fluitron, Inc.
  4. Gardner Denver Nash, LLC
  5. Howden Group
  6. HAUG Sauer Kompressoren AG
  7. NEUMAN & ESSER GROUP
  8. Hydro-Pac, Inc.
  9. Lenhardt & Wagner GmbH
  10. PDC Machines Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global 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 global 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 global market trends and outlook coupled with the factors driving the 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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Frequently Asked Questions

Presently, APAC held the largest revenue share of global hydrogen compressor market. The dominance of APAC market is attributed to the rise in demand for hydrogen compressor in industries, including automotive and transportation, oil and gas, and renewable energy, among others. Another important factor is the presence of technologically advanced industries in countries, including the China and Japan. The increased adoption of Industry 4.0 together with rising advancements in electronics manufacturing and machinery tools is propelling the hydrogen compressor market growth. Furthermore, several manufacturers of FCEVs are majorly focusing on entering into collaborations and partnerships with automobile OEMs to enhance their market interpretation.

Growing adoption of hydrogen fuel cell vehicles and booming oil and gas sector are driving the growth of the global hydrogen compressor market.

On the basis of type segment, the hydrogen compressor market is segmented into oil-based and oil-free. The oil-based segment led the hydrogen compressor market with a market share of 64.5% in 2020; and it is anticipated to continue its dominance during the forecast period, thereby accounting for 62.6% of the market by 2028.

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