| Product Code: ETC4519945 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India hydrogen storage tanks and transportation market import shipments demonstrated a robust upward trajectory with a notable CAGR from 2020-2024 of 29.3%. The growth rate between 2023-2024 maintained a healthy momentum at 14.0%, indicating sustained expansion and increasing market demand during the period.
Hydrogen is gaining prominence as a clean and versatile energy carrier in India, and the need for efficient hydrogen storage and transportation solutions is growing. The India hydrogen storage tanks and transportation market caters to this demand by providing technologies and infrastructure for storing and distributing hydrogen. This market is integral to supporting the adoption of hydrogen as a clean energy source in various sectors, including transportation and industry.
The India Hydrogen Storage Tanks and Transportation market are closely linked to the hydrogen economy. As hydrogen gains traction as a clean energy carrier, the need for safe and efficient hydrogen storage and transportation solutions is growing. The government`s focus on green hydrogen and the automotive industry`s interest in fuel cell vehicles are key drivers.
The market must overcome challenges associated with hydrogen storage efficiency, transportation infrastructure, and safety considerations, especially in high-pressure and cryogenic applications.
The COVID-19 pandemic had mixed effects on the India Hydrogen Storage Tanks and Transportation market. While the pandemic led to delays in the development and deployment of hydrogen infrastructure, it also underscored the potential of hydrogen as a clean energy carrier. The government`s focus on green hydrogen production and its commitment to building a hydrogen ecosystem has renewed interest in hydrogen storage and transportation solutions. As the country seeks to achieve its sustainability goals, the India Hydrogen Storage Tanks and Transportation market is expected to witness growth in the coming years, driven by increased investments in hydrogen-related infrastructure and technology.
Key players in India hydrogen storage tanks and transportation market include Air Liquide, Linde plc, Hexagon Composites, Worthington Industries, and NPROXX.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Hydrogen Storage Tanks and Transportation Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, 2021 & 2031F |
3.3 India Hydrogen Storage Tanks and Transportation Market - Industry Life Cycle |
3.4 India Hydrogen Storage Tanks and Transportation Market - Porter's Five Forces |
3.5 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume Share, By Modular Storage, 2021 & 2031F |
3.6 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume Share, By Tank Type, 2021 & 2031F |
3.8 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume Share, By Pressure, 2021 & 2031F |
4 India Hydrogen Storage Tanks and Transportation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives to promote clean energy solutions |
4.2.2 Growing adoption of hydrogen fuel cell vehicles in India |
4.2.3 Rising focus on reducing carbon emissions in the transportation sector |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with hydrogen storage tanks and transportation infrastructure |
4.3.2 Lack of a well-established hydrogen refueling infrastructure in India |
4.3.3 Limited awareness and understanding of hydrogen technology among consumers and businesses |
5 India Hydrogen Storage Tanks and Transportation Market Trends |
6 India Hydrogen Storage Tanks and Transportation Market, By Types |
6.1 India Hydrogen Storage Tanks and Transportation Market, By Modular Storage |
6.1.1 Overview and Analysis |
6.1.2 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Modular Storage, 2021-2031F |
6.1.3 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Hydrogen Fuel Storage Systems, 2021-2031F |
6.1.4 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Hydrogen Distribution Systems, 2021-2031F |
6.2 India Hydrogen Storage Tanks and Transportation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Vehicles, 2021-2031F |
6.2.3 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Rail, 2021-2031F |
6.2.4 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Marine, 2021-2031F |
6.2.5 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Stationary Storage, 2021-2031F |
6.2.6 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Trailers, 2021-2031F |
6.3 India Hydrogen Storage Tanks and Transportation Market, By Tank Type |
6.3.1 Overview and Analysis |
6.3.2 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Type1, 2021-2031F |
6.3.3 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Type2, 2021-2031F |
6.3.4 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Type3, 2021-2031F |
6.3.5 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Type4, 2021-2031F |
6.4 India Hydrogen Storage Tanks and Transportation Market, By Pressure |
6.4.1 Overview and Analysis |
6.4.2 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Below 200 Bar, 2021-2031F |
6.4.3 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By 200-500 Bar, 2021-2031F |
6.4.4 India Hydrogen Storage Tanks and Transportation Market Revenues & Volume, By Above 500 Bar, 2021-2031F |
7 India Hydrogen Storage Tanks and Transportation Market Import-Export Trade Statistics |
7.1 India Hydrogen Storage Tanks and Transportation Market Export to Major Countries |
7.2 India Hydrogen Storage Tanks and Transportation Market Imports from Major Countries |
8 India Hydrogen Storage Tanks and Transportation Market Key Performance Indicators |
8.1 Number of hydrogen refueling stations in India |
8.2 Investment in hydrogen infrastructure projects |
8.3 Adoption rate of hydrogen fuel cell vehicles in key cities |
8.4 Research and development expenditures in hydrogen storage technologies |
8.5 Carbon emissions reduction achieved through the use of hydrogen transportation solutions |
9 India Hydrogen Storage Tanks and Transportation Market - Opportunity Assessment |
9.1 India Hydrogen Storage Tanks and Transportation Market Opportunity Assessment, By Modular Storage, 2021 & 2031F |
9.2 India Hydrogen Storage Tanks and Transportation Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Hydrogen Storage Tanks and Transportation Market Opportunity Assessment, By Tank Type, 2021 & 2031F |
9.4 India Hydrogen Storage Tanks and Transportation Market Opportunity Assessment, By Pressure, 2021 & 2031F |
10 India Hydrogen Storage Tanks and Transportation Market - Competitive Landscape |
10.1 India Hydrogen Storage Tanks and Transportation Market Revenue Share, By Companies, 2024 |
10.2 India Hydrogen Storage Tanks and Transportation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |