Lucintel Forecasts The Global Liquid Hydrogen Market To Reach $41 Billion By 2030

By Author: Lucintel LLC
Total Articles: 6657
Comment this article

According to a market report by Lucintel, the future of the global liquid hydrogen market looks promising with opportunities in the aerospace, automotive & transportation, energy & power, and industrial markets. The global liquid hydrogen market is expected to reach an estimated $41 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are the strong demand from the aerospace sector, rapid expansion of infrastructure for hydrogen refueling and on-going advancement of fuel cell technologies to be more efficient and cost-effective.
A more than 150-page report to understand trends, opportunity and forecast in global liquid hydrogen market to 2030 by distribution (pipelines, cryogenic tanks, and others), end use industry (aerospace, automotive & transportation, energy & power, industrial sector, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the distribution category, cryogenic tanks will remain the larger segment over the forecast period due to growing demand for natural gas as an energy source, ...
... particularly in power generation and transportation.
Within end use category, aerospace will remain the largest segment.
Download sample by clicking on liquid hydrogen market.
In terms of regions, APAC is expected to witness highest growth over the forecast period.
INOXCVA, Iwatani, Cryolor, Plug Power, Air Liquide, Air Products & Chemicals, Linde, Messer, Hylium Industries, Demaco are the major suppliers in the liquid hydrogen market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Hydrogen Tank Material Market
Hydrogen Bromide Market
Sealing Solution for Hydrogen Application Market
Alkaline Electrolytic Water Hydrogen Production Separator Market
Dihydrogen Hexahydroxyplatinate Market