Hydrogen Pressure Vessels Market is Forecast to Reach US$ 19.8 Billion in 2030, Says Stratview Research

The hydrogen pressure vessels market is likely to rise at a CAGR of 50.9% during 2023-2030, to reach US$ 19.8 Billion in 2030, states Stratview Research.

DETROIT, March 27, 2023 /PRNewswire/ -- Stratview Research, a global market research firm has launched a report on the global hydrogen pressure vessels market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.

Click here for a free sample pdf:

https://www.stratviewresearch.com/Request-Sample/3315/hydrogen-pressure-vessels-market.html#form

Report Highlights

Market Size in 2030	USD 19.8 Billion
Growth (CAGR)	50.9% during 2023-2030
Forecast Period	2023-2030
Trend Period	2017-2021
Base Year	2022
Number of Segments Covered	04
Number of Tables & Graphs	120+
Country-Level Market Assessment	10

 

Segment Insights on the Hydrogen Pressure Vessels Market

The global hydrogen pressure vessels market is segmented based on vessel type, application type, process type, and by region.

Based on vessel type - among all the vessel types, Type-IV vessels are the most widely used hydrogen pressure vessel, and they occupied a major share of the market in 2022. The key advantages offered by type-IV vessels are weight reduction, corrosion-resistance, fatigue resistance, high storage density, and low operational cost.