Solid Hydrogen Transportation Equipment Trends and Forecast
The future of the global solid hydrogen transportation equipment market looks promising with opportunities in the chemical, oil refining, general industry, transportation, and metal working markets. The global solid hydrogen transportation equipment market is expected to grow with a CAGR of 13.6% from 2024 to 2030. The major drivers for this market are increasing need for sustainable and clean energy sources, growing adoption of fuel cell electric vehicles, and rising need for reduced greenhouse gas emissions.
• Lucintel forecasts that hydrogen storage alloy equipment is expected to witness the higher growth over the forecast period.
• Within this market, chemical is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States: The US has seen significant strides in solid hydrogen transportation equipment, with companies like Plug Power setting ambitious targets for hydrogen fuel cell deployment in heavy-duty trucks. Government initiatives include funding for hydrogen infrastructure expansion to support these endeavors.
Japan: Japanese firms like Toyota are driving innovation in solid hydrogen transportation, aiming to commercialize fuel cell trucks by 2030. The government has pledged support for hydrogen infrastructure development, with a focus on achieving carbon neutrality by 2050.
Germany: GermanyÄX%$%Xs commitment to decarbonization has led to substantial investments in solid hydrogen transportation technology. Companies like Bosch are actively developing hydrogen fuel systems for trucks, aligning with the governmentÄX%$%Xs targets for expanding the hydrogen economy and reducing emissions in the transportation sector.
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Solid Hydrogen Transportation Equipment by Segment
The study includes a forecast for the global solid hydrogen transportation equipment by type, application, and region.
Solid Hydrogen Transportation Equipment Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Hydrogen Storage Alloy Equipment
• Carbonaceous Material Adsorption Equipment
• andere
Solid Hydrogen Transportation Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Chemical
• Oil Refining
• General Industry
• Transportation
• Metal Working
• andere
Solid Hydrogen Transportation Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• Nordamerika
• Europa
• Asien -Pazifik
• Der Rest der Welt
List of Solid Hydrogen Transportation Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies solid hydrogen transportation equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the solid hydrogen transportation equipment companies profiled in this report include-
• Whole Win Materials
• Hyfun
• JMC
• GKN Powder Metallurgy
• JSW
Recent Development in the Solid Hydrogen Transportation Equipment Market
IHI Corporation: IHI Corporation, a Japanese heavy industry manufacturer, is developing a new design for a high-efficiency solid hydrogen transport vessel. This vessel is expected to have a larger capacity and longer range compared to existing designs, making it more suitable for long-distance transportation of solid hydrogen.
Kawasaki Heavy Industries: Kawasaki Heavy Industries, a Japanese multinational corporation, is testing a prototype solid hydrogen truck with a range of 400 kilometers. This is a significant development as it demonstrates the feasibility of using solid hydrogen for long-distance trucking applications.
Praxair: Praxair, a multinational industrial gas company, is partnering with Hyundai to develop hydrogen-powered trucks for the North American market. This collaboration is expected to accelerate the development and deployment of hydrogen fuel cell trucks in North America.
Air Liquide: Air Liquide, a French multinational industrial gas company, is investing €20 million in a new hydrogen liquefaction unit in France. This investment will help to support the development of a hydrogen economy by increasing the availability of low-carbon hydrogen.
Features of the Global Solid Hydrogen Transportation Equipment Market
Market Size Estimates: Solid hydrogen transportation equipment market size estimation in terms of value ($B).
Trend- und Prognoseanalyse: Markttrends (2018 bis 2023) und Prognose (2024 bis 2030) durch verschiedene Segmente und Regionen.
Segmentation Analysis: Solid hydrogen transportation equipment market size by type, application, and region in terms of value ($B).
Regional Analysis: Solid hydrogen transportation equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the solid hydrogen transportation equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the solid hydrogen transportation equipment market.
Analyse der Wettbewerbsintensität der Branche basierend auf dem Fünf -Kräfte -Modell von Porter.
FAQ
Q1. What is the growth forecast for solid hydrogen transportation equipment market?
Answer: The global solid hydrogen transportation equipment market is expected to grow with a CAGR of 13.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the solid hydrogen transportation equipment market?
Answer: The major drivers for this market are increasing need for sustainable and clean energy sources, growing adoption of fuel cell electric vehicles, and rising need for reduced greenhouse gas emissions.
Q3. What are the major segments for solid hydrogen transportation equipment market?
Answer: The future of the solid hydrogen transportation equipment market looks promising with opportunities in the chemical, oil refining, general industry, transportation, and metal working markets.
Q4. Who are the key solid hydrogen transportation equipment market companies?
Answer: Some of the key solid hydrogen transportation equipment companies are as follows:
• Whole Win Materials
• Hyfun
• JMC
• GKN Powder Metallurgy
• JSW
Q5. Which solid hydrogen transportation equipment market segment will be the largest in future?
Answer: Lucintel forecasts that hydrogen storage alloy equipment is expected to witness the higher growth over the forecast period.
Q6. In solid hydrogen transportation equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Antwort: Ja, LucinTel bietet 10% Anpassung ohne zusätzliche Kosten.
Dieser Bericht beantwortet nach 11 Schlüsselfragen:
Q.1. What are some of the most promising, high-growth opportunities for the solid hydrogen transportation equipment market by type (hydrogen storage alloy equipment, carbonaceous material adsorption equipment, and others), application (chemical, oil refining, general industry, transportation, metal working, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Welche Segmente werden schneller wachsen und warum?
Q.3. Welche Region wird schneller wachsen und warum?
Q.4. Was sind die Schlüsselfaktoren für die Marktdynamik? Was sind die wichtigsten Herausforderungen und Geschäftsrisiken in diesem Markt?
Q.5. Was sind die Geschäftsrisiken und wettbewerbsfähigen Bedrohungen in diesem Markt?
Q.6. Was sind die aufkommenden Trends in diesem Markt und die Gründe dafür?
Q.7. Was sind einige der sich ändernden Anforderungen von Kunden auf dem Markt?
Q.8. Was sind die neuen Entwicklungen auf dem Markt? Welche Unternehmen führen diese Entwicklungen an?
Q.9. Wer sind die Hauptakteure in diesem Markt? Welche strategischen Initiativen verfolgen wichtige Akteure für das Geschäftswachstum?
Q.10. Was sind einige der konkurrierenden Produkte in diesem Markt und wie stark sie für den Verlust des Marktanteils durch Material- oder Produktsubstitution darstellen?
Q.11. Welche M & A -Aktivitäten sind in den letzten 5 Jahren stattgefunden und wie hat ihre Auswirkungen auf die Branche?
For any questions related to Solid Hydrogen Transportation Equipment Market, Solid Hydrogen Transportation Equipment Market Size, Solid Hydrogen Transportation Equipment Market Growth, Solid Hydrogen Transportation Equipment Market Analysis, Solid Hydrogen Transportation Equipment Market Report, Solid Hydrogen Transportation Equipment Market Share, Solid Hydrogen Transportation Equipment Market Trends, Solid Hydrogen Transportation Equipment Market Forecast, Solid Hydrogen Transportation Equipment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.