Product Code: EGY055F
Highlights:
The global hydrogen technologies market should reach $38.5 billion by 2027 from $21.0 billion in 2022 at a compound annual growth rate (CAGR) of 12.9% for the forecast period of 2022 to 2027.
Electrochemical conversion segment of the global hydrogen technologies market is expected to grow from $7.5 billion in 2022 to $19.5 billion in 2027 at a CAGR of 21.0% for the forecast period of 2022 to 2027.
Bulk distribution segment of the global hydrogen technologies market is expected to grow from $231.7 million in 2022 to $947.7 billion in 2027 at a CAGR of 32.5% for the forecast period of 2022 to 2027.
Report Scope:
The report covers the global market for technologies used in the supply, storage and distribution of hydrogen; its conversion to other forms of energy or direct consumption as a fuel; and miscellaneous other types of hydrogen-related technology, such as hydrogen sensors. The market figures represent estimated investment costs based on data from manufacturers and a variety of other sources. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.
Report Includes:
- 33 data tables and 43 additional tables
- An overview of the technologies and opportunities for the hydrogen economy market
- Analyses of global market trends, with data from 2021, estimates for 2022 and projections of compound annual growth rates (CAGRs) through 2027
- Brief description about hydrogen economy, its definitions and characteristics and coverage of the market's dynamics, specifically growth drivers, inhibitors, and opportunities
- Information on technologies used for production, storage, and distribution of hydrogen along with electrochemical energy conversion technologies
- Identification of challenges and discussion on how to overcome from those to reach its commercialization potential
- A look at the government programs and policies in support of the hydrogen economy
- Information on recent mergers, acquisitions, collaborations, agreements, partnerships, product launches, and expansions in the market and a relevant patent analysis
- Detailed company profiles of major players in the market, including Air Liquide, Cummins Inc., Engie S.A., ITM Power PLC and Linde Group
Table of Contents
Chapter 1 Introduction
- 1.1 Study Goals and Objectives
- 1.2 Reasons for Doing This Study
- 1.3 What's New in This Update?
- 1.4 Scope of Report
- 1.5 Information Sources
- 1.6 Methodology
- 1.7 Geographic Breakdown
- 1.8 Analyst's Credentials
- 1.9 BCC Custom Research
- 1.10 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
- 3.1 Introduction
- 3.2 Hydrogen Production and Trade Overview-Key Countries
- 3.2.1 China
- 3.2.2 United States
- 3.2.3 Russia
- 3.2.4 Japan
- 3.2.5 South Korea
- 3.2.6 Canada
- 3.3 Future Applications of Hydrogen
Chapter 4 Hydrogen Market Value Chain
Chapter 5 Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Demand for Clean Energy
- 5.1.2 Government Support and Funding
- 5.1.3 Advancements in Technology
- 5.2 Market Opportunities
- 5.2.1 Growing Interest in Hydrogen Fuel Cell Vehicles
- 5.2.2 Industrial and Commercial Applications
- 5.2.3 Energy Storage
- 5.3 Market Challenges
- 5.3.1 High Production Cost
- 5.3.2 Lack of Infrastructure
- 5.3.3 Lack of Awareness and Limited Public Acceptance
- 5.3.4 Technical Challenges
- 5.3.5 Standardization and Regulations
Chapter 6 Hydrogen Economy
- 6.1 Elements of Hydrogen Economy
- 6.1.1 Hydrogen Characteristics
- 6.1.2 Types of Hydrogen Production
- 6.1.3 Global Hydrogen Market
- 6.1.4 Rationale for a Hydrogen Economy
Chapter 7 Government-Supported Hydrogen Initiatives
- 7.1 Government-Supported Hydrogen Initiatives
- 7.1.1 U.S.
- 7.1.2 European Union
- 7.1.3 Asia-Pacific
- 7.1.4 Other Countries
- 7.1.5 Intergovernmental Programs
Chapter 8 Impact of COVID-19 and Russia-Ukraine War
- 8.1 Impact of the COVID-19 Pandemic
- 8.2 Impact of the Russia-Ukraine War
Chapter 9 Technology Background
- 9.1 Technologies
- 9.1.1 Hydrogen Supply Technologies
- 9.1.2 Hydrogen Storage Technologies
- 9.1.3 Hydrogen Distribution Technologies
- 9.1.4 Electrochemical Energy Conversion Technologies
- 9.1.5 Direct Hydrogen Combustion Technologies
- 9.1.6 Other Technologies
Chapter 10 Hydrogen Supply
- 10.1 Overview
- 10.2 Hydrogen Production Processes
- 10.2.1 Thermal Processes
- 10.2.2 Electrolytic Processes
- 10.2.3 Photolytic Processes
- 10.2.4 Other Types of Process
- 10.2.5 Emerging Production Technologies
- 10.2.6 Catalysts
- 10.2.7 Patent Analysis
- 10.3 Hydrogen Purification Processes
- 10.3.1 Pressure Swing Adsorption
- 10.3.2 Membrane-Based Systems
- 10.3.3 Cryogenic and Other Technologies
- 10.3.4 Patent Analysis
- 10.4 Markets
- 10.4.1 Hydrogen Production
- 10.4.2 Hydrogen Purification
Chapter 11 Hydrogen Storage
- 11.1 Overview
- 11.2 Principal Technologies
- 11.2.1 Direct Storage of Hydrogen
- 11.2.2 Hydrocarbons
- 11.2.3 Ammonia Storage
- 11.2.4 Metal Hydrides
- 11.2.5 Zeolites
- 11.2.6 Other Nanostructured Materials
- 11.2.7 Other Storage Technologies
- 11.3 Patent Analysis
- 11.3.1 Patents by Technology Type
- 11.3.2 Patent Trends over Time
- 11.3.3 Major Intellectual Property Portfolios
- 11.4 Markets
- 11.4.1 Pressurized Cylinders
- 11.4.2 Hydrogen Fuel Tanks
Chapter 12 Bulk Hydrogen Distribution
- 12.1 Overview
- 12.2 Principal Technologies
- 12.2.1 Tank Trucks, Railcars, Barges
- 12.2.2 Tube Trailers
- 12.2.3 Pipelines
- 12.2.4 Hydrogen Stations
- 12.3 Patent Analysis
- 12.3.1 Patents by Type of Technology
- 12.3.2 Patents by Assignee
- 12.4 Markets
- 12.4.1 Transmission
- 12.4.2 Hydrogen Stations
Chapter 13 Electrochemical Energy Conversion
- 13.1 Overview
- 13.2 Principal Technologies
- 13.2.1 Description
- 13.2.2 Main Technologies
- 13.3 Patent Analysis
- 13.3.1 Patents by Technology Type
- 13.3.2 Patent Trends over Time
- 13.3.3 Major IP Portfolios
- 13.4 Markets
Chapter 14 Direct Combustion of Hydrogen
- 14.1 Overview
- 14.2 Technologies
- 14.2.1 Internal Combustion Engines
- 14.2.2 Turbines
- 14.3 Patents
- 14.4 Markets
- 14.4.1 Hydrogen Internal Combustion Engines
- 14.4.2 Hydrogen Turbines
Chapter 15 Other Hydrogen-Related Technologies
- 15.1 Overview
- 15.2 Hydrogen Sensors
- 15.3 Patents
- 15.4 Markets
Chapter 16 Company Profiles
- ADVANCED EXTRACTION TECHNOLOGIES INC.
- AIR LIQUIDE
- AIR PRODUCTS AND CHEMICALS INC.
- CUMMINS INC.
- ELEMENT ONE
- ENGIE S.A.
- ERGENICS
- FUELCELL ENERGY INC.
- HCE LLC
- ITM POWER PLC
- IWATANI CORP.
- LINDE PLC
- MAGNA STEYR AG & CO. KG
- MAKEL ENGINEERING INC.
- NEL ASA
- POWERTECH LABS INC.
- PLUG POWER INC.
Chapter 17 Appendix: Acronyms