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Hydrogen Energy Storage Market - Top Companies and Manufacturers

  • Report ID: 3811
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Companies Dominating the Hydrogen Energy Storage Landscape

    • Nel ASA
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    •  Air Liquide SA
    • Praxair Inc.
    • VRV S.P.A
    • Linde AG
    • Hank Technologies Inc.
    • Murphy Energy S.A.
    • Luxfer Holdings PLC
    • Hexagon Composites ASA
    • Worthington Industries, Inc.
Browse Key Market Insights with Data Illustration:

In the News

  • Nel ASA doubled the electrolyzer order pipeline since January to over USD 6 billion, representing over 11 GW of renewable hydrogen production capacity.
  • Air Liquide SA and Faurecia SE signed a joint development agreement for designing and producing onboard liquid hydrogen storage systems for the automotive industry.

Author Credits:  Dhruv Bhatia


  • Report ID: 3811
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hydrogen energy storage is assessed at USD 14.74 billion.

The hydrogen energy storage market size was over USD 13.91 billion in 2024 and is projected to reach USD 35.47 billion by the end of 2037, witnessing around 7.4% CAGR during the forecast period i.e., between 2025-2037. The rising demand for hydrogen from various end-use industries and the growing use of stored hydrogen for stationary and backup power applications will boost the market growth.

Europe industry is predicted to be the largest with a share of about 30% by 2037, impelled by increasing emphasis placed on developing a greener economy and the rising investment in clean energy together with augmenting fuel cells technology collaboration programs in the region.

The major players in the market include Nel ASA, Air Liquide SA, Praxair Inc., VRV S.P.A, Linde AG, Hank Technologies Inc., Murphy Energy S.A., Luxfer Holdings PLC, Hexagon Composites ASA, Worthington Industries, Inc.
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