Hydrogen Compressor Market Forecasts to 2028 – Global Analysis By Type (Oil-Based and Oil-Free), Product Type (Hydride, Reciprocating Piston Compressors and Others), Stage, Power Range, Technology Type, End User and By Geography
According to Stratistics MRC, the Global Hydrogen Compressor Market is accounted for $2.00 billion in 2020 and is expected to reach $3.41 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Some of the factors such as the increasing adoption of hydrogen fuel cell vehicles and the booming oil and gas sector are driving the market growth. However, the high recurring cost in maintenance is hindering the market growth.
A hydrogen compressor is a tool that raises the pressure of hydrogen gas by reducing its volume, resulting in compressed hydrogen or liquid hydrogen. The majority of compressors utilized for gaseous hydrogen compression are either positive displacement compressors or centrifugal compressors.
Based on the type, the oil-based segment is projected to dominate the market. The oil-based hydrogen compressor necessitates more regular oil changes and routine maintenance. It also necessitates improved hydrogen filtering employing separators and coalescing filters to remove the oil and protect downstream equipment and processes.
By geography, the Asia Pacific is projected to dominate the market. China is one of the largest and fastest-growing hydrogen compressor markets in the world. Moreover, the expansion of hydrogen fuel cell vehicles and Japan's aim to manufacture hydrogen fuel stations for recharging the vehicles are expected to drive the market.
Some of the key players profiled in the Hydrogen Compressor Market include Atlas Copco AB, Burckhardt Compression AG, Fluitron, Inc., Gardner Denver Nash, LLC, HAUG Sauer Kompressoren AG, Howden Group, Hydro-Pac, Inc., Lenhardt & Wagner GmbH, NEUMAN & ESSER GROUP, PDC Machines Inc, Ariel Corporation, Hitachi Ltd., Siemens AG, Indian Compressors Ltd, Sundyne, IDEX Corporation, Ingersoll-Rand, Mitsui E&S Holdings Co. Ltd. and Colfax Corp.
Types Covered:
• Oil-Based
• Oil-Free
Product Types Covered:
• Reciprocating Piston Compressors
• Hydride Compressor
• Electrochemical Hydrogen Compressor
Stages Covered:
• Multi-Stage
• Single-Stage
Power Ranges Covered:
• Below 100 HP
• 101 HP - 200 HP
• 201 HP and Above
Technology Types Covered:
• Mechanical
• Nonmechanical
End Users Covered:
• Chemical
• Oil and Gas
• Utility Industries
• Automotive and Transportation
• Renewable Energy
• Filling Stations
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hydrogen Compressor Market, By Type
5.1 Introduction
5.2 Oil-Based
5.3 Oil-Free
6 Global Hydrogen Compressor Market, By Product Type
6.1 Introduction
6.2 Reciprocating Piston Compressors
6.3 Hydride Compressor
6.4 Electrochemical Hydrogen Compressor
7 Global Hydrogen Compressor Market, By Stage
7.1 Introduction
7.2 Multi-Stage
7.3 Single-Stage
8 Global Hydrogen Compressor Market, By Power Range
8.1 Introduction
8.2 Below 100 HP
8.3 101 HP - 200 HP
8.4 201 HP and Above
9 Global Hydrogen Compressor Market, By Technology Type
9.1 Introduction
9.2 Mechanical
9.3 Nonmechanical
10 Global Hydrogen Compressor Market, By End User
10.1 Introduction
10.2 Chemical
10.3 Oil and Gas
10.4 Utility Industries
10.5 Automotive and Transportation
10.6 Renewable Energy
10.7 Filling Stations
11 Global Hydrogen Compressor Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Atlas Copco AB
13.2 Burckhardt Compression AG
13.3 Fluitron, Inc.
13.4 Gardner Denver Nash, LLC
13.5 HAUG Sauer Kompressoren AG
13.6 Howden Group
13.7 Hydro-Pac, Inc.
13.8 Lenhardt & Wagner GmbH
13.9 NEUMAN & ESSER GROUP
13.10 PDC Machines Inc
13.11 Ariel Corporation
13.12 Hitachi Ltd.
13.13 Siemens AG
13.14 Indian Compressors Ltd
13.15 Sundyne
13.16 IDEX Corporation
13.17 Ingersoll-Rand
13.18 Mitsui E&S Holdings Co. Ltd.
13.19 Colfax Corp.
List of Tables
1 Global Hydrogen Compressor Market Outlook, By Region (2019-2028) ($MN)
2 Global Hydrogen Compressor Market Outlook, By Type (2019-2028) ($MN)
3 Global Hydrogen Compressor Market Outlook, By Oil-Based (2019-2028) ($MN)
4 Global Hydrogen Compressor Market Outlook, By Oil-Free (2019-2028) ($MN)
5 Global Hydrogen Compressor Market Outlook, By Product Type (2019-2028) ($MN)
6 Global Hydrogen Compressor Market Outlook, By Reciprocating Piston Compressors (2019-2028) ($MN)
7 Global Hydrogen Compressor Market Outlook, By Hydride Compressor (2019-2028) ($MN)
8 Global Hydrogen Compressor Market Outlook, By Electrochemical Hydrogen Compressor (2019-2028) ($MN)
9 Global Hydrogen Compressor Market Outlook, By Stage (2019-2028) ($MN)
10 Global Hydrogen Compressor Market Outlook, By Multi-Stage (2019-2028) ($MN)
11 Global Hydrogen Compressor Market Outlook, By Single-Stage (2019-2028) ($MN)
12 Global Hydrogen Compressor Market Outlook, By Power Range (2019-2028) ($MN)
13 Global Hydrogen Compressor Market Outlook, By Below 100 HP (2019-2028) ($MN)
14 Global Hydrogen Compressor Market Outlook, By 101 HP - 200 HP (2019-2028) ($MN)
15 Global Hydrogen Compressor Market Outlook, By 201 HP and Above (2019-2028) ($MN)
16 Global Hydrogen Compressor Market Outlook, By Technology Type (2019-2028) ($MN)
17 Global Hydrogen Compressor Market Outlook, By Mechanical (2019-2028) ($MN)
18 Global Hydrogen Compressor Market Outlook, By Nonmechanical (2019-2028) ($MN)
19 Global Hydrogen Compressor Market Outlook, By End User (2019-2028) ($MN)
20 Global Hydrogen Compressor Market Outlook, By Chemical (2019-2028) ($MN)
21 Global Hydrogen Compressor Market Outlook, By Oil and Gas (2019-2028) ($MN)
22 Global Hydrogen Compressor Market Outlook, By Utility Industries (2019-2028) ($MN)
23 Global Hydrogen Compressor Market Outlook, By Automotive and Transportation (2019-2028) ($MN)
24 Global Hydrogen Compressor Market Outlook, By Renewable Energy (2019-2028) ($MN)
25 Global Hydrogen Compressor Market Outlook, By Filling Stations (2019-2028) ($MN)
26 North America Hydrogen Compressor Market Outlook, By Country (2019-2028) ($MN)
27 North America Hydrogen Compressor Market Outlook, By Type (2019-2028) ($MN)
28 North America Hydrogen Compressor Market Outlook, By Oil-Based (2019-2028) ($MN)
29 North America Hydrogen Compressor Market Outlook, By Oil-Free (2019-2028) ($MN)
30 North America Hydrogen Compressor Market Outlook, By Product Type (2019-2028) ($MN)
31 North America Hydrogen Compressor Market Outlook, By Reciprocating Piston Compressors (2019-2028) ($MN)
32 North America Hydrogen Compressor Market Outlook, By Hydride Compressor (2019-2028) ($MN)
33 North America Hydrogen Compressor Market Outlook, By Electrochemical Hydrogen Compressor (2019-2028) ($MN)
34 North America Hydrogen Compressor Market Outlook, By Stage (2019-2028) ($MN)
35 North America Hydrogen Compressor Market Outlook, By Multi-Stage (2019-2028) ($MN)
36 North America Hydrogen Compressor Market Outlook, By Single-Stage (2019-2028) ($MN)
37 North America Hydrogen Compressor Market Outlook, By Power Range (2019-2028) ($MN)
38 North America Hydrogen Compressor Market Outlook, By Below 100 HP (2019-2028) ($MN)
39 North America Hydrogen Compressor Market Outlook, By 101 HP - 200 HP (2019-2028) ($MN)
40 North America Hydrogen Compressor Market Outlook, By 201 HP and Above (2019-2028) ($MN)
41 North America Hydrogen Compressor Market Outlook, By Technology Type (2019-2028) ($MN)
42 North America Hydrogen Compressor Market Outlook, By Mechanical (2019-2028) ($MN)
43 North America Hydrogen Compressor Market Outlook, By Nonmechanical (2019-2028) ($MN)
44 North America Hydrogen Compressor Market Outlook, By End User (2019-2028) ($MN)
45 North America Hydrogen Compressor Market Outlook, By Chemical (2019-2028) ($MN)
46 North America Hydrogen Compressor Market Outlook, By Oil and Gas (2019-2028) ($MN)
47 North America Hydrogen Compressor Market Outlook, By Utility Industries (2019-2028) ($MN)
48 North America Hydrogen Compressor Market Outlook, By Automotive and Transportation (2019-2028) ($MN)
49 North America Hydrogen Compressor Market Outlook, By Renewable Energy (2019-2028) ($MN)
50 North America Hydrogen Compressor Market Outlook, By Filling Stations (2019-2028) ($MN)
51 Europe Hydrogen Compressor Market Outlook, By Country (2019-2028) ($MN)
52 Europe Hydrogen Compressor Market Outlook, By Type (2019-2028) ($MN)
53 Europe Hydrogen Compressor Market Outlook, By Oil-Based (2019-2028) ($MN)
54 Europe Hydrogen Compressor Market Outlook, By Oil-Free (2019-2028) ($MN)
55 Europe Hydrogen Compressor Market Outlook, By Product Type (2019-2028) ($MN)
56 Europe Hydrogen Compressor Market Outlook, By Reciprocating Piston Compressors (2019-2028) ($MN)
57 Europe Hydrogen Compressor Market Outlook, By Hydride Compressor (2019-2028) ($MN)
58 Europe Hydrogen Compressor Market Outlook, By Electrochemical Hydrogen Compressor (2019-2028) ($MN)
59 Europe Hydrogen Compressor Market Outlook, By Stage (2019-2028) ($MN)
60 Europe Hydrogen Compressor Market Outlook, By Multi-Stage (2019-2028) ($MN)
61 Europe Hydrogen Compressor Market Outlook, By Single-Stage (2019-2028) ($MN)
62 Europe Hydrogen Compressor Market Outlook, By Power Range (2019-2028) ($MN)
63 Europe Hydrogen Compressor Market Outlook, By Below 100 HP (2019-2028) ($MN)
64 Europe Hydrogen Compressor Market Outlook, By 101 HP - 200 HP (2019-2028) ($MN)
65 Europe Hydrogen Compressor Market Outlook, By 201 HP and Above (2019-2028) ($MN)
66 Europe Hydrogen Compressor Market Outlook, By Technology Type (2019-2028) ($MN)
67 Europe Hydrogen Compressor Market Outlook, By Mechanical (2019-2028) ($MN)
68 Europe Hydrogen Compressor Market Outlook, By Nonmechanical (2019-2028) ($MN)
69 Europe Hydrogen Compressor Market Outlook, By End User (2019-2028) ($MN)
70 Europe Hydrogen Compressor Market Outlook, By Chemical (2019-2028) ($MN)
71 Europe Hydrogen Compressor Market Outlook, By Oil and Gas (2019-2028) ($MN)
72 Europe Hydrogen Compressor Market Outlook, By Utility Industries (2019-2028) ($MN)
73 Europe Hydrogen Compressor Market Outlook, By Automotive and Transportation (2019-2028) ($MN)
74 Europe Hydrogen Compressor Market Outlook, By Renewable Energy (2019-2028) ($MN)
75 Europe Hydrogen Compressor Market Outlook, By Filling Stations (2019-2028) ($MN)
76 Asia Pacific Hydrogen Compressor Market Outlook, By Country (2019-2028) ($MN)
77 Asia Pacific Hydrogen Compressor Market Outlook, By Type (2019-2028) ($MN)
78 Asia Pacific Hydrogen Compressor Market Outlook, By Oil-Based (2019-2028) ($MN)
79 Asia Pacific Hydrogen Compressor Market Outlook, By Oil-Free (2019-2028) ($MN)
80 Asia Pacific Hydrogen Compressor Market Outlook, By Product Type (2019-2028) ($MN)
81 Asia Pacific Hydrogen Compressor Market Outlook, By Reciprocating Piston Compressors (2019-2028) ($MN)
82 Asia Pacific Hydrogen Compressor Market Outlook, By Hydride Compressor (2019-2028) ($MN)
83 Asia Pacific Hydrogen Compressor Market Outlook, By Electrochemical Hydrogen Compressor (2019-2028) ($MN)
84 Asia Pacific Hydrogen Compressor Market Outlook, By Stage (2019-2028) ($MN)
85 Asia Pacific Hydrogen Compressor Market Outlook, By Multi-Stage (2019-2028) ($MN)
86 Asia Pacific Hydrogen Compressor Market Outlook, By Single-Stage (2019-2028) ($MN)
87 Asia Pacific Hydrogen Compressor Market Outlook, By Power Range (2019-2028) ($MN)
88 Asia Pacific Hydrogen Compressor Market Outlook, By Below 100 HP (2019-2028) ($MN)
89 Asia Pacific Hydrogen Compressor Market Outlook, By 101 HP - 200 HP (2019-2028) ($MN)
90 Asia Pacific Hydrogen Compressor Market Outlook, By 201 HP and Above (2019-2028) ($MN)
91 Asia Pacific Hydrogen Compressor Market Outlook, By Technology Type (2019-2028) ($MN)
92 Asia Pacific Hydrogen Compressor Market Outlook, By Mechanical (2019-2028) ($MN)
93 Asia Pacific Hydrogen Compressor Market Outlook, By Nonmechanical (2019-2028) ($MN)
94 Asia Pacific Hydrogen Compressor Market Outlook, By End User (2019-2028) ($MN)
95 Asia Pacific Hydrogen Compressor Market Outlook, By Chemical (2019-2028) ($MN)
96 Asia Pacific Hydrogen Compressor Market Outlook, By Oil and Gas (2019-2028) ($MN)
97 Asia Pacific Hydrogen Compressor Market Outlook, By Utility Industries (2019-2028) ($MN)
98 Asia Pacific Hydrogen Compressor Market Outlook, By Automotive and Transportation (2019-2028) ($MN)
99 Asia Pacific Hydrogen Compressor Market Outlook, By Renewable Energy (2019-2028) ($MN)
100 Asia Pacific Hydrogen Compressor Market Outlook, By Filling Stations (2019-2028) ($MN)
101 South America Hydrogen Compressor Market Outlook, By Country (2019-2028) ($MN)
102 South America Hydrogen Compressor Market Outlook, By Type (2019-2028) ($MN)
103 South America Hydrogen Compressor Market Outlook, By Oil-Based (2019-2028) ($MN)
104 South America Hydrogen Compressor Market Outlook, By Oil-Free (2019-2028) ($MN)
105 South America Hydrogen Compressor Market Outlook, By Product Type (2019-2028) ($MN)
106 South America Hydrogen Compressor Market Outlook, By Reciprocating Piston Compressors (2019-2028) ($MN)
107 South America Hydrogen Compressor Market Outlook, By Hydride Compressor (2019-2028) ($MN)
108 South America Hydrogen Compressor Market Outlook, By Electrochemical Hydrogen Compressor (2019-2028) ($MN)
109 South America Hydrogen Compressor Market Outlook, By Stage (2019-2028) ($MN)
110 South America Hydrogen Compressor Market Outlook, By Multi-Stage (2019-2028) ($MN)
111 South America Hydrogen Compressor Market Outlook, By Single-Stage (2019-2028) ($MN)
112 South America Hydrogen Compressor Market Outlook, By Power Range (2019-2028) ($MN)
113 South America Hydrogen Compressor Market Outlook, By Below 100 HP (2019-2028) ($MN)
114 South America Hydrogen Compressor Market Outlook, By 101 HP - 200 HP (2019-2028) ($MN)
115 South America Hydrogen Compressor Market Outlook, By 201 HP and Above (2019-2028) ($MN)
116 South America Hydrogen Compressor Market Outlook, By Technology Type (2019-2028) ($MN)
117 South America Hydrogen Compressor Market Outlook, By Mechanical (2019-2028) ($MN)
118 South America Hydrogen Compressor Market Outlook, By Nonmechanical (2019-2028) ($MN)
119 South America Hydrogen Compressor Market Outlook, By End User (2019-2028) ($MN)
120 South America Hydrogen Compressor Market Outlook, By Chemical (2019-2028) ($MN)
121 South America Hydrogen Compressor Market Outlook, By Oil and Gas (2019-2028) ($MN)
122 South America Hydrogen Compressor Market Outlook, By Utility Industries (2019-2028) ($MN)
123 South America Hydrogen Compressor Market Outlook, By Automotive and Transportation (2019-2028) ($MN)
124 South America Hydrogen Compressor Market Outlook, By Renewable Energy (2019-2028) ($MN)
125 South America Hydrogen Compressor Market Outlook, By Filling Stations (2019-2028) ($MN)
126 Middle East & Africa Hydrogen Compressor Market Outlook, By Country (2019-2028) ($MN)
127 Middle East & Africa Hydrogen Compressor Market Outlook, By Type (2019-2028) ($MN)
128 Middle East & Africa Hydrogen Compressor Market Outlook, By Oil-Based (2019-2028) ($MN)
129 Middle East & Africa Hydrogen Compressor Market Outlook, By Oil-Free (2019-2028) ($MN)
130 Middle East & Africa Hydrogen Compressor Market Outlook, By Product Type (2019-2028) ($MN)
131 Middle East & Africa Hydrogen Compressor Market Outlook, By Reciprocating Piston Compressors (2019-2028) ($MN)
132 Middle East & Africa Hydrogen Compressor Market Outlook, By Hydride Compressor (2019-2028) ($MN)
133 Middle East & Africa Hydrogen Compressor Market Outlook, By Electrochemical Hydrogen Compressor (2019-2028) ($MN)
134 Middle East & Africa Hydrogen Compressor Market Outlook, By Stage (2019-2028) ($MN)
135 Middle East & Africa Hydrogen Compressor Market Outlook, By Multi-Stage (2019-2028) ($MN)
136 Middle East & Africa Hydrogen Compressor Market Outlook, By Single-Stage (2019-2028) ($MN)
137 Middle East & Africa Hydrogen Compressor Market Outlook, By Power Range (2019-2028) ($MN)
138 Middle East & Africa Hydrogen Compressor Market Outlook, By Below 100 HP (2019-2028) ($MN)
139 Middle East & Africa Hydrogen Compressor Market Outlook, By 101 HP - 200 HP (2019-2028) ($MN)
140 Middle East & Africa Hydrogen Compressor Market Outlook, By 201 HP and Above (2019-2028) ($MN)
141 Middle East & Africa Hydrogen Compressor Market Outlook, By Technology Type (2019-2028) ($MN)
142 Middle East & Africa Hydrogen Compressor Market Outlook, By Mechanical (2019-2028) ($MN)
143 Middle East & Africa Hydrogen Compressor Market Outlook, By Nonmechanical (2019-2028) ($MN)
144 Middle East & Africa Hydrogen Compressor Market Outlook, By End User (2019-2028) ($MN)
145 Middle East & Africa Hydrogen Compressor Market Outlook, By Chemical (2019-2028) ($MN)
146 Middle East & Africa Hydrogen Compressor Market Outlook, By Oil and Gas (2019-2028) ($MN)
147 Middle East & Africa Hydrogen Compressor Market Outlook, By Utility Industries (2019-2028) ($MN)
148 Middle East & Africa Hydrogen Compressor Market Outlook, By Automotive and Transportation (2019-2028) ($MN)
149 Middle East & Africa Hydrogen Compressor Market Outlook, By Renewable Energy (2019-2028) ($MN)
150 Middle East & Africa Hydrogen Compressor Market Outlook, By Filling Stations (2019-2028) ($MN)
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