An electrochemical hydrogen compressor is a hydrogen compressor where hydrogen is supplied to the anode, and compressed hydrogen is collected at the cathode with an energy efficiency up to and even beyond 80% for pressures up to 10,000 psi or 700 bars.
The global market for Electrochemical Hydrogen Compressors is estimated to increase from US$ 8 million in 2021 to reach US$ 51 million by 2028, exhibiting a CAGR of 31.4% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
HyET is the world's largest producer of electrochemical hydrogen compressors with over 40% of the market share, with other major players such as Skyre, Giner ELX and FFI Ionix. Americas is the largest market, which has a share about 34%, followed by Europe and Asia-Pacific, with 33% and 31% market share respectively. In terms of product type, electrochemical hydrogen compressors with an output pressure range of up to 500 Bar are the largest segment with a share of 70%, and chemical has a share of 49% approxiamtely, which is the largest segment in terms of application.
Report Coverage
This latest report provides a deep insight into the global Electrochemical Hydrogen Compressors market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Electrochemical Hydrogen Compressors market, with both quantitative and qualitative data, to help readers understand how the Electrochemical Hydrogen Compressors market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in Units.
Market Segmentation:
The study segments the Electrochemical Hydrogen Compressors market and forecasts the market size by Outlet Pressure Range (Outlet Pressure Range: below 500 Bar, Outlet Pressure Range: 500 - 1000 Bar and Outlet Pressure Range: above 1000 Bar), by Application (Chemical, Oil & Gas, Stations and Others), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by outlet pressure range
Outlet Pressure Range: below 500 Bar
Outlet Pressure Range: 500 - 1000 Bar
Outlet Pressure Range: above 1000 Bar
Segmentation by application
Chemical
Oil & Gas
Stations
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
HyET
Skyre
Giner ELX
FFI Ionix
Chapter Introduction
Chapter 1: Scope of Electrochemical Hydrogen Compressors, Research Methodology, etc.
Chapter 2: Executive Summary, global Electrochemical Hydrogen Compressors market size (sales and revenue) and CAGR, Electrochemical Hydrogen Compressors market size by region, by outlet pressure range, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Electrochemical Hydrogen Compressors sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Electrochemical Hydrogen Compressors sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by outlet pressure range, and outlet pressure range.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Electrochemical Hydrogen Compressors market size forecast by region, by country, by outlet pressure range, and application.
Chapter 13: Comprehensive company profiles of the leading players, including HyET, Skyre, Giner ELX and FFI Ionix, etc.
Chapter 14: Research Findings and Conclusion