A hydrogen tank is a container or a vessel used to store hydrogen in its gaseous or liquid form. Sometimes they are also referred to as hydrogen cylinders, cartridges or canisters. Depending on the pressure and temperature of storage the container must fulfil various tedious physical requirements, and therefore the art and science of designing and manufacturing hydrogen tanks has a long history of innovation. Hydrogen fuel tanks are used in all kinds of applications involving the use or generation of hydrogen such as fuel cell and electrolyzer systems, rockets and space flight. A hydrogen fuel tank is usually part of a hydrogen storage system.
The global Hydrogen Tank market size was valued at US$ 636 million in 2023 and is forecast to a readjusted size of USD 1688 million by 2030 with a CAGR of 16.1% during review period.
Global key players of Hydrogen Tank include Hexagon Purus, Faurecia, Iljin Hysolus, Toyota, Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd., etc. The top five players hold a share about 44%. North America is the largest market, and has a share about 31%, followed by Europe and China with share 21% and 20%, separately. In terms of product type, Type IV is the largest segment, occupied for a share of 38%. In terms of application, Automotive has a share about 54 percent.
This report is a detailed and comprehensive analysis for global Hydrogen Tank market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Hydrogen Tank market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Hydrogen Tank market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Hydrogen Tank market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Hydrogen Tank market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hydrogen Tank
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hydrogen Tank market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hexagon Purus, Faurecia, Iljin Hysolus, Toyota, Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd., Faber Industrie, Quantum Fuel Systems, Luxfer Group, Worthington Industries, NPROXX, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hydrogen Tank market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Type I
Type II
Type III
Type IV
Market segment by Application
Automotive
Hydrogen Refueling Stations
Hydrogen Transportation
Others
Major players covered
Hexagon Purus
Faurecia
Iljin Hysolus
Toyota
Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
Faber Industrie
Quantum Fuel Systems
Luxfer Group
Worthington Industries
NPROXX
CTC
Plastic Omnium
Iwatani
Mahytec (HENSOLDT)
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydrogen Tank product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen Tank, with price, sales quantity, revenue, and global market share of Hydrogen Tank from 2019 to 2024.
Chapter 3, the Hydrogen Tank competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen Tank breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hydrogen Tank market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen Tank.
Chapter 14 and 15, to describe Hydrogen Tank sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Hydrogen Tank Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Type I
1.3.3 Type II
1.3.4 Type III
1.3.5 Type IV
1.4 Market Analysis by Application
1.4.1 Overview: Global Hydrogen Tank Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Automotive
1.4.3 Hydrogen Refueling Stations
1.4.4 Hydrogen Transportation
1.4.5 Others
1.5 Global Hydrogen Tank Market Size & Forecast
1.5.1 Global Hydrogen Tank Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Hydrogen Tank Sales Quantity (2019-2030)
1.5.3 Global Hydrogen Tank Average Price (2019-2030)
2 Manufacturers Profiles
2.1 Hexagon Purus
2.1.1 Hexagon Purus Details
2.1.2 Hexagon Purus Major Business
2.1.3 Hexagon Purus Hydrogen Tank Product and Services
2.1.4 Hexagon Purus Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Hexagon Purus Recent Developments/Updates
2.2 Faurecia
2.2.1 Faurecia Details
2.2.2 Faurecia Major Business
2.2.3 Faurecia Hydrogen Tank Product and Services
2.2.4 Faurecia Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Faurecia Recent Developments/Updates
2.3 Iljin Hysolus
2.3.1 Iljin Hysolus Details
2.3.2 Iljin Hysolus Major Business
2.3.3 Iljin Hysolus Hydrogen Tank Product and Services
2.3.4 Iljin Hysolus Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Iljin Hysolus Recent Developments/Updates
2.4 Toyota
2.4.1 Toyota Details
2.4.2 Toyota Major Business
2.4.3 Toyota Hydrogen Tank Product and Services
2.4.4 Toyota Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Toyota Recent Developments/Updates
2.5 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
2.5.1 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Details
2.5.2 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Major Business
2.5.3 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Hydrogen Tank Product and Services
2.5.4 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Recent Developments/Updates
2.6 Faber Industrie
2.6.1 Faber Industrie Details
2.6.2 Faber Industrie Major Business
2.6.3 Faber Industrie Hydrogen Tank Product and Services
2.6.4 Faber Industrie Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Faber Industrie Recent Developments/Updates
2.7 Quantum Fuel Systems
2.7.1 Quantum Fuel Systems Details
2.7.2 Quantum Fuel Systems Major Business
2.7.3 Quantum Fuel Systems Hydrogen Tank Product and Services
2.7.4 Quantum Fuel Systems Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Quantum Fuel Systems Recent Developments/Updates
2.8 Luxfer Group
2.8.1 Luxfer Group Details
2.8.2 Luxfer Group Major Business
2.8.3 Luxfer Group Hydrogen Tank Product and Services
2.8.4 Luxfer Group Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Luxfer Group Recent Developments/Updates
2.9 Worthington Industries
2.9.1 Worthington Industries Details
2.9.2 Worthington Industries Major Business
2.9.3 Worthington Industries Hydrogen Tank Product and Services
2.9.4 Worthington Industries Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Worthington Industries Recent Developments/Updates
2.10 NPROXX
2.10.1 NPROXX Details
2.10.2 NPROXX Major Business
2.10.3 NPROXX Hydrogen Tank Product and Services
2.10.4 NPROXX Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 NPROXX Recent Developments/Updates
2.11 CTC
2.11.1 CTC Details
2.11.2 CTC Major Business
2.11.3 CTC Hydrogen Tank Product and Services
2.11.4 CTC Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 CTC Recent Developments/Updates
2.12 Plastic Omnium
2.12.1 Plastic Omnium Details
2.12.2 Plastic Omnium Major Business
2.12.3 Plastic Omnium Hydrogen Tank Product and Services
2.12.4 Plastic Omnium Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Plastic Omnium Recent Developments/Updates
2.13 Iwatani
2.13.1 Iwatani Details
2.13.2 Iwatani Major Business
2.13.3 Iwatani Hydrogen Tank Product and Services
2.13.4 Iwatani Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Iwatani Recent Developments/Updates
2.14 Mahytec (HENSOLDT)
2.14.1 Mahytec (HENSOLDT) Details
2.14.2 Mahytec (HENSOLDT) Major Business
2.14.3 Mahytec (HENSOLDT) Hydrogen Tank Product and Services
2.14.4 Mahytec (HENSOLDT) Hydrogen Tank Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Mahytec (HENSOLDT) Recent Developments/Updates
3 Competitive Environment: Hydrogen Tank by Manufacturer
3.1 Global Hydrogen Tank Sales Quantity by Manufacturer (2019-2024)
3.2 Global Hydrogen Tank Revenue by Manufacturer (2019-2024)
3.3 Global Hydrogen Tank Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Hydrogen Tank by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Hydrogen Tank Manufacturer Market Share in 2023
3.4.3 Top 6 Hydrogen Tank Manufacturer Market Share in 2023
3.5 Hydrogen Tank Market: Overall Company Footprint Analysis
3.5.1 Hydrogen Tank Market: Region Footprint
3.5.2 Hydrogen Tank Market: Company Product Type Footprint
3.5.3 Hydrogen Tank Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Hydrogen Tank Market Size by Region
4.1.1 Global Hydrogen Tank Sales Quantity by Region (2019-2030)
4.1.2 Global Hydrogen Tank Consumption Value by Region (2019-2030)
4.1.3 Global Hydrogen Tank Average Price by Region (2019-2030)
4.2 North America Hydrogen Tank Consumption Value (2019-2030)
4.3 Europe Hydrogen Tank Consumption Value (2019-2030)
4.4 Asia-Pacific Hydrogen Tank Consumption Value (2019-2030)
4.5 South America Hydrogen Tank Consumption Value (2019-2030)
4.6 Middle East & Africa Hydrogen Tank Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Hydrogen Tank Sales Quantity by Type (2019-2030)
5.2 Global Hydrogen Tank Consumption Value by Type (2019-2030)
5.3 Global Hydrogen Tank Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Hydrogen Tank Sales Quantity by Application (2019-2030)
6.2 Global Hydrogen Tank Consumption Value by Application (2019-2030)
6.3 Global Hydrogen Tank Average Price by Application (2019-2030)
7 North America
7.1 North America Hydrogen Tank Sales Quantity by Type (2019-2030)
7.2 North America Hydrogen Tank Sales Quantity by Application (2019-2030)
7.3 North America Hydrogen Tank Market Size by Country
7.3.1 North America Hydrogen Tank Sales Quantity by Country (2019-2030)
7.3.2 North America Hydrogen Tank Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Hydrogen Tank Sales Quantity by Type (2019-2030)
8.2 Europe Hydrogen Tank Sales Quantity by Application (2019-2030)
8.3 Europe Hydrogen Tank Market Size by Country
8.3.1 Europe Hydrogen Tank Sales Quantity by Country (2019-2030)
8.3.2 Europe Hydrogen Tank Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Hydrogen Tank Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Hydrogen Tank Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Hydrogen Tank Market Size by Region
9.3.1 Asia-Pacific Hydrogen Tank Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Hydrogen Tank Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 South Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Hydrogen Tank Sales Quantity by Type (2019-2030)
10.2 South America Hydrogen Tank Sales Quantity by Application (2019-2030)
10.3 South America Hydrogen Tank Market Size by Country
10.3.1 South America Hydrogen Tank Sales Quantity by Country (2019-2030)
10.3.2 South America Hydrogen Tank Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Hydrogen Tank Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Hydrogen Tank Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Hydrogen Tank Market Size by Country
11.3.1 Middle East & Africa Hydrogen Tank Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Hydrogen Tank Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Hydrogen Tank Market Drivers
12.2 Hydrogen Tank Market Restraints
12.3 Hydrogen Tank Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Hydrogen Tank and Key Manufacturers
13.2 Manufacturing Costs Percentage of Hydrogen Tank
13.3 Hydrogen Tank Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Hydrogen Tank Typical Distributors
14.3 Hydrogen Tank Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Hexagon Purus
Faurecia
Iljin Hysolus
Toyota
Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
Faber Industrie
Quantum Fuel Systems
Luxfer Group
Worthington Industries
NPROXX
CTC
Plastic Omnium
Iwatani
Mahytec (HENSOLDT)
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*If Applicable.
