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
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