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Global Hydrogen Tanks Market Research Report 2025
Synopsis
A Hydrogen tank (other names- cartridge or canister) is used for hydrogen storage.[1][2][3] The first type IV hydrogen tanks for compressed hydrogen at 700 bars (70 MPa; 10,000 psi) were demonstrated in 2001, the first fuel cell vehicles on the road with type IV tanks are the Toyota FCHV, Mercedes-Benz F-Cell and the GM HydroGen4.
The global Hydrogen Tanks market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Hydrogen Tanks is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Hydrogen Tanks is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Hydrogen Tanks include Doosan Mobility Innovation, Worthington Industries, Inc., MAHYTEC, NPROXX, CNG FUEL SYSTEMS, Hexagon Composites ASA and Steelhead Composites, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Tanks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen Tanks.
Report Scope
The Hydrogen Tanks market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydrogen Tanks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hydrogen Tanks manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Doosan Mobility Innovation
Worthington Industries, Inc.
MAHYTEC
NPROXX
CNG FUEL SYSTEMS
Hexagon Composites ASA
Steelhead Composites
Segment by Type
Type 1
Type 2
Type 3
Type 4
Type 5
Segment by Application
Fuel Tank
Transportation Tank
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hydrogen Tanks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Hydrogen Tanks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
A Hydrogen tank (other names- cartridge or canister) is used for hydrogen storage.[1][2][3] The first type IV hydrogen tanks for compressed hydrogen at 700 bars (70 MPa; 10,000 psi) were demonstrated in 2001, the first fuel cell vehicles on the road with type IV tanks are the Toyota FCHV, Mercedes-Benz F-Cell and the GM HydroGen4.
The global Hydrogen Tanks market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Hydrogen Tanks is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Hydrogen Tanks is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Hydrogen Tanks include Doosan Mobility Innovation, Worthington Industries, Inc., MAHYTEC, NPROXX, CNG FUEL SYSTEMS, Hexagon Composites ASA and Steelhead Composites, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Tanks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen Tanks.
Report Scope
The Hydrogen Tanks market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydrogen Tanks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hydrogen Tanks manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Doosan Mobility Innovation
Worthington Industries, Inc.
MAHYTEC
NPROXX
CNG FUEL SYSTEMS
Hexagon Composites ASA
Steelhead Composites
Segment by Type
Type 1
Type 2
Type 3
Type 4
Type 5
Segment by Application
Fuel Tank
Transportation Tank
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hydrogen Tanks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Hydrogen Tanks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Index1 Hydrogen Tanks Market Overview
1.1 Product Overview and Scope of Hydrogen Tanks
1.2 Hydrogen Tanks Segment by Type
1.2.1 Global Hydrogen Tanks Market Value Comparison by Type (2024-2030)
1.2.2 Type 1
1.2.3 Type 2
1.2.4 Type 3
1.2.5 Type 4
1.2.6 Type 5
1.3 Hydrogen Tanks Segment by Application
1.3.1 Global Hydrogen Tanks Market Value by Application: (2024-2030)
1.3.2 Fuel Tank
1.3.3 Transportation Tank
1.4 Global Hydrogen Tanks Market Size Estimates and Forecasts
1.4.1 Global Hydrogen Tanks Revenue 2019-2030
1.4.2 Global Hydrogen Tanks Sales 2019-2030
1.4.3 Global Hydrogen Tanks Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Hydrogen Tanks Market Competition by Manufacturers
2.1 Global Hydrogen Tanks Sales Market Share by Manufacturers (2019-2024)
2.2 Global Hydrogen Tanks Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Hydrogen Tanks Average Price by Manufacturers (2019-2024)
2.4 Global Hydrogen Tanks Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Hydrogen Tanks, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Hydrogen Tanks, Product Type & Application
2.7 Hydrogen Tanks Market Competitive Situation and Trends
2.7.1 Hydrogen Tanks Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Hydrogen Tanks Players Market Share by Revenue
2.7.3 Global Hydrogen Tanks Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Hydrogen Tanks Retrospective Market Scenario by Region
3.1 Global Hydrogen Tanks Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Hydrogen Tanks Global Hydrogen Tanks Sales by Region: 2019-2030
3.2.1 Global Hydrogen Tanks Sales by Region: 2019-2024
3.2.2 Global Hydrogen Tanks Sales by Region: 2025-2030
3.3 Global Hydrogen Tanks Global Hydrogen Tanks Revenue by Region: 2019-2030
3.3.1 Global Hydrogen Tanks Revenue by Region: 2019-2024
3.3.2 Global Hydrogen Tanks Revenue by Region: 2025-2030
3.4 North America Hydrogen Tanks Market Facts & Figures by Country
3.4.1 North America Hydrogen Tanks Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Hydrogen Tanks Sales by Country (2019-2030)
3.4.3 North America Hydrogen Tanks Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Hydrogen Tanks Market Facts & Figures by Country
3.5.1 Europe Hydrogen Tanks Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Hydrogen Tanks Sales by Country (2019-2030)
3.5.3 Europe Hydrogen Tanks Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Hydrogen Tanks Market Facts & Figures by Country
3.6.1 Asia Pacific Hydrogen Tanks Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Hydrogen Tanks Sales by Country (2019-2030)
3.6.3 Asia Pacific Hydrogen Tanks Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Hydrogen Tanks Market Facts & Figures by Country
3.7.1 Latin America Hydrogen Tanks Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Hydrogen Tanks Sales by Country (2019-2030)
3.7.3 Latin America Hydrogen Tanks Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Hydrogen Tanks Market Facts & Figures by Country
3.8.1 Middle East and Africa Hydrogen Tanks Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Hydrogen Tanks Sales by Country (2019-2030)
3.8.3 Middle East and Africa Hydrogen Tanks Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Hydrogen Tanks Sales by Type (2019-2030)
4.1.1 Global Hydrogen Tanks Sales by Type (2019-2024)
4.1.2 Global Hydrogen Tanks Sales by Type (2025-2030)
4.1.3 Global Hydrogen Tanks Sales Market Share by Type (2019-2030)
4.2 Global Hydrogen Tanks Revenue by Type (2019-2030)
4.2.1 Global Hydrogen Tanks Revenue by Type (2019-2024)
4.2.2 Global Hydrogen Tanks Revenue by Type (2025-2030)
4.2.3 Global Hydrogen Tanks Revenue Market Share by Type (2019-2030)
4.3 Global Hydrogen Tanks Price by Type (2019-2030)
5 Segment by Application
5.1 Global Hydrogen Tanks Sales by Application (2019-2030)
5.1.1 Global Hydrogen Tanks Sales by Application (2019-2024)
5.1.2 Global Hydrogen Tanks Sales by Application (2025-2030)
5.1.3 Global Hydrogen Tanks Sales Market Share by Application (2019-2030)
5.2 Global Hydrogen Tanks Revenue by Application (2019-2030)
5.2.1 Global Hydrogen Tanks Revenue by Application (2019-2024)
5.2.2 Global Hydrogen Tanks Revenue by Application (2025-2030)
5.2.3 Global Hydrogen Tanks Revenue Market Share by Application (2019-2030)
5.3 Global Hydrogen Tanks Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Doosan Mobility Innovation
6.1.1 Doosan Mobility Innovation Corporation Information
6.1.2 Doosan Mobility Innovation Description and Business Overview
6.1.3 Doosan Mobility Innovation Hydrogen Tanks Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Doosan Mobility Innovation Hydrogen Tanks Product Portfolio
6.1.5 Doosan Mobility Innovation Recent Developments/Updates
6.2 Worthington Industries, Inc.
6.2.1 Worthington Industries, Inc. Corporation Information
6.2.2 Worthington Industries, Inc. Description and Business Overview
6.2.3 Worthington Industries, Inc. Hydrogen Tanks Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Worthington Industries, Inc. Hydrogen Tanks Product Portfolio
6.2.5 Worthington Industries, Inc. Recent Developments/Updates
6.3 MAHYTEC
6.3.1 MAHYTEC Corporation Information
6.3.2 MAHYTEC Description and Business Overview
6.3.3 MAHYTEC Hydrogen Tanks Sales, Revenue and Gross Margin (2019-2024)
6.3.4 MAHYTEC Hydrogen Tanks Product Portfolio
6.3.5 MAHYTEC Recent Developments/Updates
6.4 NPROXX
6.4.1 NPROXX Corporation Information
6.4.2 NPROXX Description and Business Overview
6.4.3 NPROXX Hydrogen Tanks Sales, Revenue and Gross Margin (2019-2024)
6.4.4 NPROXX Hydrogen Tanks Product Portfolio
6.4.5 NPROXX Recent Developments/Updates
6.5 CNG FUEL SYSTEMS
6.5.1 CNG FUEL SYSTEMS Corporation Information
6.5.2 CNG FUEL SYSTEMS Description and Business Overview
6.5.3 CNG FUEL SYSTEMS Hydrogen Tanks Sales, Revenue and Gross Margin (2019-2024)
6.5.4 CNG FUEL SYSTEMS Hydrogen Tanks Product Portfolio
6.5.5 CNG FUEL SYSTEMS Recent Developments/Updates
6.6 Hexagon Composites ASA
6.6.1 Hexagon Composites ASA Corporation Information
6.6.2 Hexagon Composites ASA Description and Business Overview
6.6.3 Hexagon Composites ASA Hydrogen Tanks Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Hexagon Composites ASA Hydrogen Tanks Product Portfolio
6.6.5 Hexagon Composites ASA Recent Developments/Updates
6.7 Steelhead Composites
6.6.1 Steelhead Composites Corporation Information
6.6.2 Steelhead Composites Description and Business Overview
6.6.3 Steelhead Composites Hydrogen Tanks Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Steelhead Composites Hydrogen Tanks Product Portfolio
6.7.5 Steelhead Composites Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Hydrogen Tanks Industry Chain Analysis
7.2 Hydrogen Tanks Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Hydrogen Tanks Production Mode & Process
7.4 Hydrogen Tanks Sales and Marketing
7.4.1 Hydrogen Tanks Sales Channels
7.4.2 Hydrogen Tanks Distributors
7.5 Hydrogen Tanks Customers
8 Hydrogen Tanks Market Dynamics
8.1 Hydrogen Tanks Industry Trends
8.2 Hydrogen Tanks Market Drivers
8.3 Hydrogen Tanks Market Challenges
8.4 Hydrogen Tanks Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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