Global Hydrogen Energy
Storage Market: Synopsis
The detailed report published
by Market Research Future (MRFR) projects that the global hydrogen energy
storage market is marked to exhibit noteworthy expansion at a CAGR of 8.50%
during the forecast period from 2016 to 2023 and generate significant revenue
by the end of the review period. The
need for complete energy storage solution has become more important where
fields of wind turbines are generating gigawatts of electricity, often with a
significant amount of grid power generation not matching with the demand. A detailed analysis report of COVID-19 impact on Hydrogen Energy Storage Market Size is provided with the
report.
Increased research activities for the development of
alternative energy solutions in order to reduce the consumption of fossil
fuels, increased emphasis on utilizing cleaner fuel, high demand for
alternative power sources as a result of increased energy consumption due to
rapid rise in population, and rising environmental concerns regarding the
adverse effects caused due to vehicle emission are majorly propelling the
growth of the global hydrogen energy storage market during the assessment
period.
Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7216
Global Hydrogen Energy
Storage Market: Segmental Analysis
The global
hydrogen energy storage market has been segmented on the basis of technology
and end-users. Based on technology, the global hydrogen energy storage market
has been segmented into liquid hydrogen, metal hydrides, carbon absorption, and
underground salt caverns. The liquid hydrogen segment commands for the major share
of the global hydrogen energy storage market. The high demand for clean and
effective energy source is fueling the growth of this segment in the global
hydrogen energy storage market during the assessment period. Based on end
users, the global hydrogen energy storage market has been segmented into power
generation, transportation, chemicals, metal working, and others.
Key Players
The key players profiled by Market Research Future (MRFR)
that are operating in the global hydrogen energy storage market are Worthington
Industries Inc., Praxair Inc, Linde AG., VRV S.P.A, Hbank Technologies
Inc., Inoxcva, Mcphy Energy S.A, Luxfer Holdings PLC, Air Liquide, and
others.
Get Complete Report at: https://www.marketresearchfuture.com/reports/hydrogen-energy-storage-market-7216
Regional Analysis
Geographically, the global hydrogen energy storage
market has been segmented into five major regions such as North America, South
America, Asia Pacific (APAC), Europe, and the Middle East and Africa.
The Asia Pacific region commands the major share of
the global hydrogen energy storage market during the assessment period. The
factors such as increased research activities for the development of
alternative energy solutions in order to reduce the consumption of fossil
fuels, increased emphasis on utilizing cleaner fuel, high demand for
alternative power sources as a result of increased energy consumption due to
rapid rise in population, and rising environmental concerns regarding the
adverse effects caused due to vehicle emission are majorly propelling the
growth of the global hydrogen energy storage market in the Asia Pacific region.
Rapid technological advancement and increased adoption of alternative energy
solutions are fueling the growth of the global hydrogen energy storage market
in the North America and Europe regions.
Industry Updates
In February 2019, Chroma, a leading test and
measurement instrumentation manufacturer, has announced its collaboration with
Hephas Energy, a supplier of fuel cell test equipment, in order to test
hydrogen fuel cells to expand Chroma's product scope.
In February 2019, Shell, a global oil company, has
announced its agreement to acquire 100 percent of Sonnen, a leading provider of
smart energy storage systems and innovative energy services for household
purposes.
About Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Read
More:
https://issuu.com/marketresearchfuture18/docs/marine_fuel_injection_market_report_7b0755780ff90f
https://view.joomag.com/marine-fuel-injection-market-report/0470118001595323842
https://issuu.com/marketresearchfuture18/docs/double_diaphragm_pumps_market_repor_8b9b68be67e818
https://view.joomag.com/double-diaphragm-pumps-market-report/0970515001595324181
No comments:
Post a Comment