Middle East and Africa 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: TIPRE00023019 | No. of Pages: 78 | Category: Automotive and Transportation | Status: Published

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The hydrogen compressor market in MEA is expected to reach US$ 193.92 million by 2028 from US$ 147.32 million in 2021. The market is estimated to grow at a CAGR of 4.0% from 2021 to 2028.

South Africa, Saudi Arabia, and UAE are major economies in MEA. The electromechanical hydrogen compressors are presently in the research and development stage contain the usage of electrochemical reactions, ionic liquids, and metal hydrides. The electrochemical compressors have the application of proton exchange membranes lined by electrodes and a peripheral power source to lead the recombination at higher pressures at the cathode and dissociation of hydrogen at the anode. The development of electrochemical hydrogen compressor (EHC) is necessary to tackle the critical requirements of higher efficiency, lower cost, and improved durability.

 

The MEA includes South Africa, the UAE, and Saudi Arabia among other countries. South Africa has recorded the highest number of COVID-19 cases in the MEA, followed by Saudi Arabia and the UAE. The MEA has a smaller number of companies operating or offering market-specific solutions. According to the Institute of Chartered Accountants in England and Wales (ICAEW), the Middle Eastern economy is anticipated to witness a sharp slowdown in the first half of 2020, regardless of impetus packages as well as monetary rate cuts to relax the economic setback of the COVID outbreak. The COVID-19 pandemic is expected to have a greater impact on this region as countries with oil-based economies in this region are already under pressure due to falling oil prices. In addition, factory and business shutdowns, and travel bans are further aggravating the economic problems of the countries in the MEA. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on growth of various industries in the region hindered the growth of hydrogen compressor market in 2020, which is likely to continue in 2021 as well. Further, the Middle Eastern economies are projected to pick up in the second half of 2021, after the normalization of both demand and supply sides.

 

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

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MEA Hydrogen Compressor Market Segmentation           

 

MEA Hydrogen Compressor Market – By Type

  • Oil-based
  • Oil-free

MEA Hydrogen Compressor Market- By Stage

  • Single-stage
  • Multi-stage

 

MEA Hydrogen Compressor Market- By End-User

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

 

MEA Hydrogen Compressor Market - By Country

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

 

MEA Hydrogen Compressor Market -Companies Mentioned

  • Atlas Copco AB
  • Burckhardt Compression AG
  • Fluitron, Inc.
  • Gardner Denver Nash, LLC
  • Howden Group
  • 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        MEA Hydrogen Compressor Market – By Type

1.3.2        MEA Hydrogen Compressor Market – By Stage

1.3.3        MEA Hydrogen Compressor Market – By End-User

1.3.4        MEA Hydrogen Compressor Market – By Country

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             MEA Hydrogen Compressor Market Landscape

4.1       Market Overview

4.2       MEA PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.             MEA Hydrogen Compressor Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1        Expansion in  Adoption of Hydrogen Fuel Cell Vehicles

5.1.2        Fast Growing Oil and gas Sector

5.2       Key Market Restraints

5.2.1        High Repetitive  Cost in Maintenance

5.3       Key Market Opportunities

5.3.1        Accession in Investments in New Energy & Power Projects Worldwide

5.4       Future Trends

5.4.1        Progress of Electrochemical Hydrogen Compressor (EHC)

5.5       Impact Analysis of Drivers and Restraints

6.             Hydrogen Compressor Market – MEA Market Analysis

6.1       MEA Hydrogen Compressor Market Overview

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

7.             MEA Hydrogen Compressor Market Analysis – By Type

7.1       Overview

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

7.3       Oil-Based

7.3.1        Overview

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

7.4       Oil-Free

7.4.1        Overview

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

8.             MEA Hydrogen Compressor Market Analysis– By Stage

8.1       Overview

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

8.3       Single-Stage

8.3.1        Overview

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

8.4       Multi-Stage

8.4.1        Overview

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

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

9.1       Overview

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

9.3       Chemicals

9.3.1        Overview

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

9.6       Renewable Energy

9.6.1        Overview

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

10.          MEA Hydrogen Compressor Market – Country Analysis

10.1    Overview

10.1.1     MEA: Hydrogen Compressor Market, by Key Country

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

10.1.1.1.1    South Africa: Hydrogen Compressor Market, by Type

10.1.1.1.2    South Africa: Hydrogen Compressor Market, by Stage

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

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

10.1.1.2.1    Saudi Arabia: Hydrogen Compressor Market, by Type

10.1.1.2.2    Saudi Arabia: Hydrogen Compressor Market, by Stage

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

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

10.1.1.3.1    UAE: Hydrogen Compressor Market, by Type

10.1.1.3.2    UAE: Hydrogen Compressor Market, by Stage

10.1.1.3.3    UAE: Hydrogen Compressor Market, by End-Users

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

10.1.1.4.1    Rest of MEA: Hydrogen Compressor Market, by Type

10.1.1.4.2    Rest of MEA: Hydrogen Compressor Market, by Stage

10.1.1.4.3    Rest of MEA: 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    NEUMAN & ESSER GROUP

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    Lenhardt & Wagner GmbH

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    PDC Machines 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

14.          Appendix

14.1    About The Insight Partners

14.2    Word Index

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 15.          List of Abbreviation

LIST OF FIGURES

Figure 1.           MEA Hydrogen Compressor Market Segmentation

Figure 2.           MEA Hydrogen Compressor Market Segmentation – By Country

Figure 3.           MEA Hydrogen Compressor Market Overview

Figure 4.           Oil-Based Segment held the Largest Share of MEA hydrogen compressor market

Figure 5.           Multi-Stage Segment held the Largest Share of MEA hydrogen compressor market

Figure 6.           Oil and Gas segment held the Largest Share of MEA hydrogen compressor market

Figure 7.           Saudi Arabia to Show Great Traction During Forecast Period in MEA hydrogen compressor market

Figure 8.           MEA: PEST Analysis

Figure 9.           MEA Hydrogen Compressor Market Ecosystem

Figure 10.        Expert Opinions

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 31.        Impact of COVID-19 Pandemic in MEA Markets

  1. Atlas Copco AB
  2. Burckhardt Compression AG
  3. Fluitron, Inc.
  4. Gardner Denver Nash, LLC
  5. Howden Group
  6. Lenhardt & Wagner GmbH
  7. NEUMAN & ESSER GROUP
  8. PDC Machines Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA 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 MEA 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 MEA 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
TIPRE00023019
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