The global demand for liquid hydrogen is further evaluated based on the existing and future performance of the relevant end-use verticals. The analysis of Liquid Hydrogen demand across a wide range of application areas reveals the potential applicability that would propel market growth at a rapid pace. The Liquid Hydrogen competitive landscape research reveals thorough company profiles, revenue shares, portfolio developments, regional product footprint, main development strategies, price structure, target markets, and near-term ambitions of market players. This entire section gives readers a sense of what drives competition and what will help them distinguish out in order to attract new target customers.
Global Liquid Hydrogen Market was valued at USD 15,972 million in 2022 and is estimated to reach a value of 32,645 million by 2033 with a CAGR of 4.1% during the forecast period. In terms of volume, the market recorded a consumption of 124,239 tons in 2022 and is anticipated to reach a volume of 200,513 tons by 2033.
For many decades, liquid hydrogen has been widely employed as a rocket fuel in the aerospace industry. Because of its high energy content, low density, and clean combustion products, liquid hydrogen is utilised as a fuel in the rocket engines of launch vehicles such as the Space Shuttle and the Saturn V. Liquid hydrogen as a rocket fuel has various advantages, including a high specific impulse, which means the rocket can travel longer with the same amount of fuel, and a high thrust-to-weight ratio, which means the rocket can accelerate quickly.
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Key Companies
- Engie S.A.
- Air Liquide S.A.
- Air Products Inc.
- Linde plc
- Uniper SE
- Cummins Inc.
- AIR WATER INC.
- SHOWA DENKO K.K.
- Iwatani Corporation
- Universal Industrial Gases, Inc.
- Ballard Power Systems Inc.
- Wuxi Yuantong Gas Co., Ltd.
- First Element Fuel, Inc.
- MesserGroup GmBh
- Others
By Technology Type
Steam Methane Reforming
Electrolysis
By Distribution Type
Pipelines
Cryogenic Tankers
By End User
Automotive
Transportation
Chemicals and Petrochemicals
Aerospace
Mettalurgy
Heavy Industry
Others
By Region
North America,U.S.,Canada,Mexico,Europe,Germany,U.K.,France,Italy,Russia,Rest of Europe,Asia Pacific,China,Japan,India,Australia,Rest of Asia pacific,South America,Brazil,Argentina,Colombia,Rest of South America,Middle East & Africa,UAE,KSA,South Africa,Turkey,Rest Of MEA
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Objective of Studies:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Liquid Hydrogen.
- To provide insights about factors affecting the market growth. To analyze the Liquid Hydrogen based on various factors- price analysis, supply chain analysis, Porte five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World.
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Liquid Hydrogen.
Key Points:
- Define, describe and forecast Liquid Hydrogen product market by type, application, end user and region.
- Provide enterprise external environment analysis and PEST analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including Liquid Hydrogen driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international Liquid Hydrogen trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the Liquid Hydrogen opportunities of stakeholders and provide market leaders with details of the competitive landscape.