Global Hydrogen Compressor Market 2020-2024

Global Hydrogen Compressor Market 2020-2024

Technavio has been monitoring the hydrogen compressor market and it is poised to grow by $ 648.74 million during 2020-2024 progressing at a CAGR of 2% during the forecast period. Our reports on hydrogen compressor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing focus on using hydrogen in refineries and rising number of hydrogen refueling stations. In addition, growing focus on using hydrogen in refineries is anticipated to boost the growth of the market as well.

The hydrogen compressor market analysis includes technology segment and geographic landscapes

Technavio's hydrogen compressor market is segmented as below:

By Technology

  • Multistage
  • Single-stage
By Geographic Landscapes
  • APAC
  • Europe
  • North America
  • MEA
  • South America
This study identifies the rising demand for hydrogen from industrial sector as one of the prime reasons driving the hydrogen compressor market growth during the next few years.

"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our hydrogen compressor market covers the following areas:
  • Hydrogen compressor market sizing
  • Hydrogen compressor market forecast
  • Hydrogen compressor market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydrogen compressor market vendors that include Ariel Corp., Atlas Copco AB, Colfax Corp., HAUG Sauer Kompressoren AG, Hitachi Ltd., Hydro-Pac Inc., IDEX Corp., Mitsui E&S Holdings Co. Ltd., Siemens AG, and Trane Technologies Plc. Also, the hydrogen compressor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis - Industrial machinery market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Technology
    • Market segments
      • Table Technology - Market share 2019-2024 (%)
    • Comparison by Technology
      • Table Comparison by Technology
    • Multistage - Market size and forecast 2019-2024
      • Table Multistage - Market size and forecast 2019-2024 ($ million)
      • Table Multistage - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Multistage - Year-over-year growth 2019-2024 (%)
    • Single-stage - Market size and forecast 2019- 2024
      • Table Single-stage - Market size and forecast 2019-2024 ($ million)
      • Table Single-stage - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Single-stage - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Technology
      • Table Market opportunity by Technology
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2019-2024 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Oil and gas - Market size and forecast 2019-2024
      • Table Oil and gas - Market size and forecast 2019-2024 ($ million)
      • Table Oil and gas - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Oil and gas - Year-over-year growth 2019-2024 (%)
    • Chemicals - Market size and forecast 2019-2024
      • Table Chemicals - Market size and forecast 2019-2024 ($ million)
      • Table Chemicals - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Chemicals - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Oil-based - Market size and forecast 2019-2024
      • Table Oil-based - Market size and forecast 2019-2024 ($ million)
      • Table Oil-based - Market size and forecast 2019-2024 ($ million) exclusive of COVID- 19 Impact
      • Table Oil-based - Year-over-year growth 2019-2024 (%)
    • Oil-free - Market size and forecast 2019-2024
      • Table Oil-free - Market size and forecast 2019-2024 ($ million)
      • Table Oil-free - Market size and forecast 2019-2024 ($ million) exclusive of COVID- 19 Impact
      • Table Oil-free - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Market Segmentation by Power range
    • Market segments
      • Table Power range - Market share 2019-2024 (%)
    • Comparison by power range
      • Table Comparison by power range
    • Below 100 hp - Market size and forecast 2019- 2024
      • Table Below 100 hp - Market size and forecast 2019-2024 ($ million)
      • Table Below 100 hp - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Below 100 hp - Year-over-year growth 2019-2024 (%)
    • 101 hp - 200 hp - Market size and forecast 2019- 2024
      • Table 101 hp - 200 hp - Market size and forecast 2019-2024 ($ million)
      • Table 101 hp – 200 hp - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table 101 hp - 200 hp - Year-over-year growth 2019-2024 (%)
    • 201 hp and above - Market size and forecast 2019-2024
      • Table 201 hp and above - Market size and forecast 2019-2024 ($ million)
      • Table 201 hp and above - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table 201 hp and above - Year-over-year growth 2019-2024 (%)
    • Market opportunity by power range
      • Table Market opportunity by power range
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing focus on using hydrogen in refineries
      • Rising demand for hydrogen from industrial sector
      • Rising number of hydrogen refueling stations
    • Market challenges
      • Volatility in crude oil prices
      • Fluctuating prices of raw materials
        • Table Prices of copper and iron ore 2014-2020 (constant US $)
      • High cost of hydrogen compressors
        • Table Impact of drivers and challenges
    • Market trends
      • Rising applications in power industry
      • Increasing focus on electrolysis-based hydrogen generation
      • Increasing focus on big data analytics
  • Vendor Landscape
    • Competitive scenario
    • Vendor Landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Industry risks
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ariel Corp.
      • Table Ariel Corp. – Overview
      • Table Ariel Corp. - Product and service
      • Table Ariel Corp. - Key news
      • Table Ariel Corp. - Key offerings
    • Atlas Copco AB
      • Table Atlas Copco AB – Overview
      • Table Atlas Copco AB - Business segments
      • Table Atlas Copco AB - Key news
      • Table Atlas Copco AB - Key offerings
      • Table Atlas Copco AB - Segment focus
    • Colfax Corp.
      • Table Colfax Corp. – Overview
      • Table Colfax Corp. - Business segments
      • Table Colfax Corp. - Key news
      • Table Colfax Corp. - Key offerings
      • Table Colfax Corp. - Segment focus
    • HAUG Sauer Kompressoren AG
      • Table HAUG Sauer Kompressoren AG – Overview
      • Table HAUG Sauer Kompressoren AG - Product and service
      • Table HAUG Sauer Kompressoren AG - Key offerings
    • Hitachi Ltd.
      • Table Hitachi Ltd. – Overview
      • Table Hitachi Ltd. - Business segments
      • Table Hitachi Ltd. - Key news
      • Table Hitachi Ltd. - Key offerings
      • Table Hitachi Ltd. - Segment focus
    • Hydro-Pac Inc.
      • Table Hydro-Pac Inc. – Overview
      • Table Hydro-Pac Inc. - Product and service
      • Table Hydro-Pac Inc. - Key offerings
    • IDEX Corp.
      • Table IDEX Corp. – Overview
      • Table IDEX Corp. - Business segments
      • Table IDEX Corp. - Key news
      • Table IDEX Corp. - Key offerings
      • Table IDEX Corp. - Segment focus
    • Mitsui E&S Holdings Co. Ltd.
      • Table Mitsui E&S Holdings Co. Ltd. – Overview
      • Table Mitsui E&S Holdings Co. Ltd. - Business segments
      • Table Mitsui E&S Holdings Co. Ltd. - Key news
      • Table Mitsui E&S Holdings Co. Ltd. - Key offerings
      • Table Mitsui E&S Holdings Co. Ltd. - Segment focus
    • Siemens AG
      • Table Siemens AG – Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
    • Trane Technologies Plc
      • Table Trane Technologies Plc – Overview
      • Table Trane Technologies Plc - Business segments
      • Table Trane Technologies Plc. - Key news
      • Table Trane Technologies Plc - Key offerings
      • Table Trane Technologies Plc - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook