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FCV H2 Cylinder-Global Market Insights and Sales Trends 2025
Synopsis
Fuel cell vehicles use hydrogen storage cylinder to store hydrogen. A hydrogen storage cylinder is a high-pressure container used to compress and store hydrogen for use in fuel cell systems to generate electricity.
Hydrogen storage cylinder is usually made of lightweight and high-strength materials, such as carbon fiber reinforced composites (CFRP) or fiberglass reinforced plastics (FRP). These materials have good strength and corrosion resistance and can withstand hydrogen storage under high-pressure conditions.
The global FCV H2 Cylinder market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of FCV H2 Cylinder in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling FCV H2 Cylinder market. Type 3, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type 4 segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for FCV H2 Cylinder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global FCV H2 Cylinder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global FCV H2 Cylinder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, FCV H2 Cylinder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of FCV H2 Cylinder covered in this report include Toyota, Hexagon, Faurecia (CLD), Luxfer Gas Cylinders, Faber, Worthington, Sinoma Science & Technology, Zhangjiagang Furui Hydrogen Power Equipment and Beijing Chinatank, etc.
The global FCV H2 Cylinder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toyota
Hexagon
Faurecia (CLD)
Luxfer Gas Cylinders
Faber
Worthington
Sinoma Science & Technology
Zhangjiagang Furui Hydrogen Power Equipment
Beijing Chinatank
CIMC ENRIC
Global FCV H2 Cylinder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global FCV H2 Cylinder market, Segment by Type:
Type 3
Type 4
Global FCV H2 Cylinder market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of FCV H2 Cylinder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of FCV H2 Cylinder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Fuel cell vehicles use hydrogen storage cylinder to store hydrogen. A hydrogen storage cylinder is a high-pressure container used to compress and store hydrogen for use in fuel cell systems to generate electricity.
Hydrogen storage cylinder is usually made of lightweight and high-strength materials, such as carbon fiber reinforced composites (CFRP) or fiberglass reinforced plastics (FRP). These materials have good strength and corrosion resistance and can withstand hydrogen storage under high-pressure conditions.
The global FCV H2 Cylinder market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of FCV H2 Cylinder in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling FCV H2 Cylinder market. Type 3, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type 4 segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for FCV H2 Cylinder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global FCV H2 Cylinder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global FCV H2 Cylinder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, FCV H2 Cylinder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of FCV H2 Cylinder covered in this report include Toyota, Hexagon, Faurecia (CLD), Luxfer Gas Cylinders, Faber, Worthington, Sinoma Science & Technology, Zhangjiagang Furui Hydrogen Power Equipment and Beijing Chinatank, etc.
The global FCV H2 Cylinder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toyota
Hexagon
Faurecia (CLD)
Luxfer Gas Cylinders
Faber
Worthington
Sinoma Science & Technology
Zhangjiagang Furui Hydrogen Power Equipment
Beijing Chinatank
CIMC ENRIC
Global FCV H2 Cylinder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global FCV H2 Cylinder market, Segment by Type:
Type 3
Type 4
Global FCV H2 Cylinder market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of FCV H2 Cylinder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of FCV H2 Cylinder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 FCV H2 Cylinder Market Overview
1.1 FCV H2 Cylinder Product Overview
1.2 FCV H2 Cylinder Market Segment by Type
1.2.1 Type 3
1.2.2 Type 4
1.3 Global FCV H2 Cylinder Market Size by Type
1.3.1 Global FCV H2 Cylinder Market Size Overview by Type (2018-2029)
1.3.2 Global FCV H2 Cylinder Historic Market Size Review by Type (2018-2023)
1.3.3 Global FCV H2 Cylinder Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America FCV H2 Cylinder Sales Breakdown by Type (2018-2023)
1.4.2 Europe FCV H2 Cylinder Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific FCV H2 Cylinder Sales Breakdown by Type (2018-2023)
1.4.4 Latin America FCV H2 Cylinder Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa FCV H2 Cylinder Sales Breakdown by Type (2018-2023)
2 Global FCV H2 Cylinder Market Competition by Company
2.1 Global Top Players by FCV H2 Cylinder Sales (2018-2023)
2.2 Global Top Players by FCV H2 Cylinder Revenue (2018-2023)
2.3 Global Top Players by FCV H2 Cylinder Price (2018-2023)
2.4 Global Top Manufacturers FCV H2 Cylinder Manufacturing Base Distribution, Sales Area, Product Type
2.5 FCV H2 Cylinder Market Competitive Situation and Trends
2.5.1 FCV H2 Cylinder Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by FCV H2 Cylinder Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in FCV H2 Cylinder as of 2022)
2.7 Date of Key Manufacturers Enter into FCV H2 Cylinder Market
2.8 Key Manufacturers FCV H2 Cylinder Product Offered
2.9 Mergers & Acquisitions, Expansion
3 FCV H2 Cylinder Status and Outlook by Region
3.1 Global FCV H2 Cylinder Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global FCV H2 Cylinder Historic Market Size by Region
3.2.1 Global FCV H2 Cylinder Sales in Volume by Region (2018-2023)
3.2.2 Global FCV H2 Cylinder Sales in Value by Region (2018-2023)
3.2.3 Global FCV H2 Cylinder Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global FCV H2 Cylinder Forecasted Market Size by Region
3.3.1 Global FCV H2 Cylinder Sales in Volume by Region (2024-2029)
3.3.2 Global FCV H2 Cylinder Sales in Value by Region (2024-2029)
3.3.3 Global FCV H2 Cylinder Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global FCV H2 Cylinder by Application
4.1 FCV H2 Cylinder Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global FCV H2 Cylinder Market Size by Application
4.2.1 Global FCV H2 Cylinder Market Size Overview by Application (2018-2029)
4.2.2 Global FCV H2 Cylinder Historic Market Size Review by Application (2018-2023)
4.2.3 Global FCV H2 Cylinder Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America FCV H2 Cylinder Sales Breakdown by Application (2018-2023)
4.3.2 Europe FCV H2 Cylinder Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific FCV H2 Cylinder Sales Breakdown by Application (2018-2023)
4.3.4 Latin America FCV H2 Cylinder Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa FCV H2 Cylinder Sales Breakdown by Application (2018-2023)
5 North America FCV H2 Cylinder by Country
5.1 North America FCV H2 Cylinder Historic Market Size by Country
5.1.1 North America FCV H2 Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America FCV H2 Cylinder Sales in Volume by Country (2018-2023)
5.1.3 North America FCV H2 Cylinder Sales in Value by Country (2018-2023)
5.2 North America FCV H2 Cylinder Forecasted Market Size by Country
5.2.1 North America FCV H2 Cylinder Sales in Volume by Country (2024-2029)
5.2.2 North America FCV H2 Cylinder Sales in Value by Country (2024-2029)
6 Europe FCV H2 Cylinder by Country
6.1 Europe FCV H2 Cylinder Historic Market Size by Country
6.1.1 Europe FCV H2 Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe FCV H2 Cylinder Sales in Volume by Country (2018-2023)
6.1.3 Europe FCV H2 Cylinder Sales in Value by Country (2018-2023)
6.2 Europe FCV H2 Cylinder Forecasted Market Size by Country
6.2.1 Europe FCV H2 Cylinder Sales in Volume by Country (2024-2029)
6.2.2 Europe FCV H2 Cylinder Sales in Value by Country (2024-2029)
7 Asia-Pacific FCV H2 Cylinder by Region
7.1 Asia-Pacific FCV H2 Cylinder Historic Market Size by Region
7.1.1 Asia-Pacific FCV H2 Cylinder Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific FCV H2 Cylinder Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific FCV H2 Cylinder Sales in Value by Region (2018-2023)
7.2 Asia-Pacific FCV H2 Cylinder Forecasted Market Size by Region
7.2.1 Asia-Pacific FCV H2 Cylinder Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific FCV H2 Cylinder Sales in Value by Region (2024-2029)
8 Latin America FCV H2 Cylinder by Country
8.1 Latin America FCV H2 Cylinder Historic Market Size by Country
8.1.1 Latin America FCV H2 Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America FCV H2 Cylinder Sales in Volume by Country (2018-2023)
8.1.3 Latin America FCV H2 Cylinder Sales in Value by Country (2018-2023)
8.2 Latin America FCV H2 Cylinder Forecasted Market Size by Country
8.2.1 Latin America FCV H2 Cylinder Sales in Volume by Country (2024-2029)
8.2.2 Latin America FCV H2 Cylinder Sales in Value by Country (2024-2029)
9 Middle East and Africa FCV H2 Cylinder by Country
9.1 Middle East and Africa FCV H2 Cylinder Historic Market Size by Country
9.1.1 Middle East and Africa FCV H2 Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa FCV H2 Cylinder Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa FCV H2 Cylinder Sales in Value by Country (2018-2023)
9.2 Middle East and Africa FCV H2 Cylinder Forecasted Market Size by Country
9.2.1 Middle East and Africa FCV H2 Cylinder Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa FCV H2 Cylinder Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Toyota
10.1.1 Toyota Company Information
10.1.2 Toyota Introduction and Business Overview
10.1.3 Toyota FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Toyota FCV H2 Cylinder Products Offered
10.1.5 Toyota Recent Development
10.2 Hexagon
10.2.1 Hexagon Company Information
10.2.2 Hexagon Introduction and Business Overview
10.2.3 Hexagon FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hexagon FCV H2 Cylinder Products Offered
10.2.5 Hexagon Recent Development
10.3 Faurecia (CLD)
10.3.1 Faurecia (CLD) Company Information
10.3.2 Faurecia (CLD) Introduction and Business Overview
10.3.3 Faurecia (CLD) FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Faurecia (CLD) FCV H2 Cylinder Products Offered
10.3.5 Faurecia (CLD) Recent Development
10.4 Luxfer Gas Cylinders
10.4.1 Luxfer Gas Cylinders Company Information
10.4.2 Luxfer Gas Cylinders Introduction and Business Overview
10.4.3 Luxfer Gas Cylinders FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Luxfer Gas Cylinders FCV H2 Cylinder Products Offered
10.4.5 Luxfer Gas Cylinders Recent Development
10.5 Faber
10.5.1 Faber Company Information
10.5.2 Faber Introduction and Business Overview
10.5.3 Faber FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Faber FCV H2 Cylinder Products Offered
10.5.5 Faber Recent Development
10.6 Worthington
10.6.1 Worthington Company Information
10.6.2 Worthington Introduction and Business Overview
10.6.3 Worthington FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Worthington FCV H2 Cylinder Products Offered
10.6.5 Worthington Recent Development
10.7 Sinoma Science & Technology
10.7.1 Sinoma Science & Technology Company Information
10.7.2 Sinoma Science & Technology Introduction and Business Overview
10.7.3 Sinoma Science & Technology FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sinoma Science & Technology FCV H2 Cylinder Products Offered
10.7.5 Sinoma Science & Technology Recent Development
10.8 Zhangjiagang Furui Hydrogen Power Equipment
10.8.1 Zhangjiagang Furui Hydrogen Power Equipment Company Information
10.8.2 Zhangjiagang Furui Hydrogen Power Equipment Introduction and Business Overview
10.8.3 Zhangjiagang Furui Hydrogen Power Equipment FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Zhangjiagang Furui Hydrogen Power Equipment FCV H2 Cylinder Products Offered
10.8.5 Zhangjiagang Furui Hydrogen Power Equipment Recent Development
10.9 Beijing Chinatank
10.9.1 Beijing Chinatank Company Information
10.9.2 Beijing Chinatank Introduction and Business Overview
10.9.3 Beijing Chinatank FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Beijing Chinatank FCV H2 Cylinder Products Offered
10.9.5 Beijing Chinatank Recent Development
10.10 CIMC ENRIC
10.10.1 CIMC ENRIC Company Information
10.10.2 CIMC ENRIC Introduction and Business Overview
10.10.3 CIMC ENRIC FCV H2 Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.10.4 CIMC ENRIC FCV H2 Cylinder Products Offered
10.10.5 CIMC ENRIC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 FCV H2 Cylinder Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 FCV H2 Cylinder Industrial Chain Analysis
11.4 FCV H2 Cylinder Market Dynamics
11.4.1 FCV H2 Cylinder Industry Trends
11.4.2 FCV H2 Cylinder Market Drivers
11.4.3 FCV H2 Cylinder Market Challenges
11.4.4 FCV H2 Cylinder Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 FCV H2 Cylinder Distributors
12.3 FCV H2 Cylinder Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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