Pune, March 01, 2022 (GLOBE NEWSWIRE) -- Global Hydrogen Pressure Vessels Market size is anticipated to experience a boost owing to the expansion of the aviation sector and transportation industry. Rise of alternative fuels is expected to rise due to environmental regulations. In 2021, the global contract research organization (CRO) market stood at a market size of USD 470.9 million and with a CAGR of 18.6%, it is expected to reach a valuation of USD 1551.5 million. This information is published in an upcoming report, titled “Global Hydrogen Pressure Vessels Market, 2022-2028”.
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
- Toyota
- Faurecia
- CLD
- Faber Industrie S.P.A.
- Luxfer Group
- Quantum Fuel Systems
- Hexagon Composites ASA
- NPROXX
- Worthington Industries, Inc.
- Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
- CTC
- Iljin
- Plastic Omnium
- Mahytec (HENSOLDT)
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The pandemic of COVID-19 led to a decrease as the bulk transportation of hydrogen tanks were decreased due to lockdown and travel restrictions. The demand for hydrogen vessels are also seen to be recovering as the economy mends.
Leading players in Global Hydrogen Pressure Vessels Market share are Toyota, Faurecia, CLD, and Faber Industries S.P.A., etc.
The market is segmented on the basis of type, application, and geography.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
- Type I
- Type II
- Type III
- Type IV
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
- Industrials
- Automotive
- OthersG
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Geographically, the market is divided into, the Americas (U.S., Mexico, Brazil, and Canada), Europe (Germany, U.K., France, Italy, Russia, Nordic, and Rest of the Europe), Asia Pacific (Japan, China, India, Korea, and Southeast Asia), Australia, and Middle East & Africa (South Africa, Israel, Turkey, and GCC Countries).
Type I tanks account for the highest market share in terms of volume and value due to low cost and increasing demand from countries like India, China, Iran, Brazil, and others. The Asia Pacific holds the largest market share in terms of geography.
February 2021: Faurecia, has acquired a major stake in CLD, a Chinese manufacturer of high-pressure tanks. This acquisition done by Faurecia, is with the aim to develop hydrogen systems for storage and distribution.
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Detailed TOC of Global Hydrogen Pressure Vessels Market Growth 2022-2028
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hydrogen Pressure Vessels Annual Sales 2017-2028
2.1.2 World Current & Future Analysis for Hydrogen Pressure Vessels by Geographic Region, 2017, 2022 & 2028
2.1.3 World Current & Future Analysis for Hydrogen Pressure Vessels by Country/Region, 2017, 2022 & 2028
2.2 Hydrogen Pressure Vessels Segment by Type
2.2.1 Type I
2.2.2 Type II
2.2.3 Type III
2.2.4 Type IV
2.3 Hydrogen Pressure Vessels Sales by Type
2.3.1 Global Hydrogen Pressure Vessels Sales Market Share by Type (2017-2022)
2.3.2 Global Hydrogen Pressure Vessels Revenue and Market Share by Type (2017-2022)
2.3.3 Global Hydrogen Pressure Vessels Sale Price by Type (2017-2022)
2.4 Hydrogen Pressure Vessels Segment by Application
2.4.1 Industrials
2.4.2 Automotive
2.4.3 Others
2.5 Hydrogen Pressure Vessels Sales by Application
2.5.1 Global Hydrogen Pressure Vessels Sale Market Share by Application (2017-2022)
2.5.2 Global Hydrogen Pressure Vessels Revenue and Market Share by Application (2017-2022)
2.5.3 Global Hydrogen Pressure Vessels Sale Price by Application (2017-2022)
3 Global Hydrogen Pressure Vessels by Company
3.1 Global Hydrogen Pressure Vessels Breakdown Data by Company
3.1.1 Global Hydrogen Pressure Vessels Annual Sales by Company (2020-2022)
3.1.2 Global Hydrogen Pressure Vessels Sales Market Share by Company (2020-2022)
3.2 Global Hydrogen Pressure Vessels Annual Revenue by Company (2020-2022)
3.2.1 Global Hydrogen Pressure Vessels Revenue by Company (2020-2022)
3.2.2 Global Hydrogen Pressure Vessels Revenue Market Share by Company (2020-2022)
3.3 Global Hydrogen Pressure Vessels Sale Price by Company
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