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Asia Pacific Hydrogen Compressor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Oil-Based and Oil-Free), Stage (Single-Stage and Multi-Stage), and End-User (Chemicals, Oil and Gas, Automotive and Transportation, Renewable Energy, and Other End-Users)

  • ID: 5359871
  • Report
  • June 2021
  • Region: Asia Pacific
  • 119 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • Atlas Copco AB
  • Burckhardt Compression AG
  • Fluitron, Inc.
  • Gardner Denver Nash, LLC
  • Howden Group
  • Hydro-Pac, Inc.
  • MORE
Oil and Gas Segment to Dominate APAC Hydrogen Compressor Market during 2021-2028.



According to this research study titled “APAC Hydrogen Compressor Market to 2028 - COVID-19 Impact and Analysis and Forecast by: Type, Stage and End -User,” the market is expected to reach US$ 1,055.14 million by 2028 from US$ 700.08 million in 2021. The market is estimated to grow at a CAGR of 6.0% from 2021 to 2028. The report provides trends prevailing in the APAC hydrogen compressor market along with the drivers and restraints pertaining to the market growth. Upsurge in investments in new energy & power projects worldwide is the major factor driving the growth of the APAC hydrogen compressor market. However, issues associated with the expensive recurring cost in maintenance hinder the growth of APAC hydrogen compressor market.

The APAC hydrogen compressor market is segmented into type, stage, end-user and country. Based on type, the market is segmented into oil-based and oil-free. The oil-based segment dominated the market in the year 2020 and oil-free is expected to be the fastest growing during forecast period. In terms of stage, the hydrogen compressor market is segmented into single-stage and multi-stage. Multi-stage segment dominated the market in the year 2020 and single-stage is expected to be the fastest growing during the forecast period. In terms of end-user, the hydrogen compressor market is segmented into chemicals, oil and gas, automotive and transportation, renewable energy, and other end users. Oil and gas segment dominated the market in 2020 and automotive and transportation segment is expected to be the fastest growing during the forecast period.

China and India are known for the increased emphasis on industrialization, and they are among the prominent manufacturing hubs in APAC. The lockdown imposed by several country governments amid the COVID-19 pandemic has severely affected the growth of the energy & power, chemicals, and food & beverages industries. Nevertheless, these industries are soon likely to recover this damage by ramping up their production capabilities from the second half of 2021. Companies in Asia have restructured their capabilities by adopting strategies such as automation, partnership, and acquisition. Moreover, the demand for advanced electronics, such as hydrogen compressors, has risen significantly in these countries. China is responsible for more than 80% of the global supply chain of raw material. The country managed to control the spread of COVID-19 during the second quarter of 2020, and industries are up and running. Hubei, for example, is one of China's four main car production centers, with over 100 automotive suppliers. Hubei's automotive plants began to reopen gradually after March 11, 2020. Such developments are expected to present a positive outlook for the hydrogen compressor market players in APAC countries.

Atlas Copco AB; Burckhardt Compression AG; Fluitron, Inc.; Gardner Denver Nash, LLC; HAUG Sauer Kompressoren AG; Howden Group; Hydro-Pac, Inc.; Lenhardt & Wagner GmbH; NEUMAN & ESSER GROUP; and PDC Machines Inc. are among the leading companies in the APAC hydrogen compressor market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Burckhardt Compression AG had been selected as compressor supplier for a new-built hydrogen liquefaction plant in South Korea. The order includes two BCS API618 compressors for the compression of hydrogen within the liquefaction process.

The report segments the APAC Hydrogen Compressor market as follows:

APAC Hydrogen Compressor Market - By Type
  • Oil-based
  • Oil-free
APAC Hydrogen Compressor Market - By Stage
  • Single-stage
  • Multi-stage
APAC Hydrogen Compressor Market - By End-User
  • Chemicals
  • Oil and Gas
  • Automotive and Transportation
  • Renewable Energy
  • Other End-users
APAC Hydrogen Compressor Market - By Country
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Atlas Copco AB
  • Burckhardt Compression AG
  • Fluitron, Inc.
  • Gardner Denver Nash, LLC
  • Howden Group
  • Hydro-Pac, Inc.
  • MORE
1. Introduction
1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Hydrogen Compressor Market - By Type
1.3.2 APAC Hydrogen Compressor Market - By Stage
1.3.3 APAC Hydrogen Compressor Market - By End-User
1.3.4 APAC Hydrogen Compressor Market - By Country

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. APAC Hydrogen Compressor Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. APAC Hydrogen Compressor Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Expanding Adoption of Hydrogen Fuel Cell Vehicles
5.1.2 Burgeoning Oil and gas Sector
5.2 Key Market Restraints
5.2.1 Expensive Recurring Cost in Maintenance
5.3 Key Market Opportunities
5.3.1 Upsurge Investments in New Energy & Power Projects Worldwide
5.4 Future Trends
5.4.1 Enhancement of Electrochemical Hydrogen Compressor (EHC)
5.5 Impact Analysis of Drivers and Restraints

6. Hydrogen Compressor Market - APAC Market Analysis
6.1 APAC Hydrogen Compressor Market Overview
6.2 APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

7. APAC Hydrogen Compressor Market Analysis - By Type
7.1 Overview
7.2 APAC Hydrogen Compressor Market Breakdown, By Type (2020 and 2028)
7.3 Oil-Based
7.3.1 Overview
7.3.2 Oil-Based: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Oil-Free
7.4.1 Overview
7.4.2 Oil-Free: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

8. APAC Hydrogen Compressor Market Analysis- By Stage
8.1 Overview
8.2 APAC Hydrogen Compressor Market Breakdown, By Stage (2020 and 2028)
8.3 Single-Stage
8.3.1 Overview
8.3.2 Single-Stage APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Multi-Stage
8.4.1 Overview
8.4.2 Multi-Stage: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9. APAC Hydrogen Compressor Market Analysis - By End-user
9.1 Overview
9.2 APAC Hydrogen Compressor Market, By End-user (2020 and 2028)
9.3 Chemicals
9.3.1 Overview
9.3.2 Chemicals: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Oil and Gas
9.4.1 Overview
9.4.2 Oil and Gas: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Automotive and Transportation
9.5.1 Overview
9.5.2 Automotive and Transportation: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Renewable Energy
9.6.1 Overview
9.6.2 Renewable Energy: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
9.7 Other End-users
9.7.1 Overview
9.7.2 Other End-users: APAC Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

10. APAC Hydrogen Compressor Market - Country Analysis
10.1 Overview
10.1.1 Asia Pacific: Hydrogen Compressor Market, by Key Country
10.1.1.1 Australia: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Hydrogen Compressor Market, by Type
10.1.1.1.2 Australia: Hydrogen Compressor Market, by Stage
10.1.1.1.3 Australia: Hydrogen Compressor Market, by End-Users
10.1.1.2 China: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Hydrogen Compressor Market, by Type
10.1.1.2.2 China: Hydrogen Compressor Market, by Stage
10.1.1.2.3 China: Hydrogen Compressor Market, by End-Users
10.1.1.3 India: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Hydrogen Compressor Market, by Type
10.1.1.3.2 India: Hydrogen Compressor Market, by Stage
10.1.1.3.3 India: Hydrogen Compressor Market, by End-Users
10.1.1.4 Japan: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Hydrogen Compressor Market, by Type
10.1.1.4.2 Japan: Hydrogen Compressor Market, by Stage
10.1.1.4.3 Japan: Hydrogen Compressor Market, by End-Users
10.1.1.5 South Korea: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Hydrogen Compressor Market, by Type
10.1.1.5.2 South Korea: Hydrogen Compressor Market, by Stage
10.1.1.5.3 South Korea: Hydrogen Compressor Market, by End-Users
10.1.1.6 Rest of Asia Pacific: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific: Hydrogen Compressor Market, by Type
10.1.1.6.2 Rest of Asia Pacific: Hydrogen Compressor Market, by Stage
10.1.1.6.3 Rest of Asia Pacific: Hydrogen Compressor Market, by End-Users

11. Hydrogen Compressor Market- COVID-19 Impact Analysis
11.1 Overview

12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development

13. Company Profiles
13.1 Atlas Copco AB
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Burckhardt Compression AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Fluitron, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Gardner Denver Nash, LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Howden Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 HAUG Sauer Kompressoren AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 NEUMAN & ESSER GROUP
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Hydro-Pac, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Lenhardt & Wagner GmbH
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 PDC Machines Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments

14. Appendix
14.1 About the Publisher
14.2 Word Index

List of Tables
Table 1. APAC Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific Hydrogen Compressor Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Hydrogen Compressor Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Hydrogen Compressor Market, by Stage - Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Hydrogen Compressor Market, by End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Hydrogen Compressor Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Hydrogen Compressor Market, by Stage - Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Hydrogen Compressor Market, by End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Hydrogen Compressor Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Hydrogen Compressor Market, by Stage - Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Hydrogen Compressor Market, by End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Hydrogen Compressor Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Hydrogen Compressor Market, by Stage - Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan: Hydrogen Compressor Market, by End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Hydrogen Compressor Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Hydrogen Compressor Market, by Stage - Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: Hydrogen Compressor Market, by End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Asia Pacific: Hydrogen Compressor Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Asia Pacific: Hydrogen Compressor Market, by Stage - Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Asia Pacific: Hydrogen Compressor Market, by End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation

List of Figures
Figure 1. APAC Hydrogen Compressor Market Segmentation
Figure 2. APAC Hydrogen Compressor Market Segmentation - By Country
Figure 3. APAC Hydrogen Compressor Market Overview
Figure 4. Oil-Based Segment held the Largest Share of APAC Hydrogen Compressor Market
Figure 5. Multi-Stage Segment held the Largest Share of APAC Hydrogen Compressor Market
Figure 6. Oil and Gas segment held the Largest Share of APAC Hydrogen Compressor Market
Figure 7. China to Show Great Traction During Forecast Period in the APAC hydrogen compressor market
Figure 8. APAC PEST Analysis
Figure 9. APAC Hydrogen Compressor Market Ecosystem
Figure 10. Expert Opinions
Figure 11. APAC Hydrogen Compressor Market Impact Analysis of Drivers and Restraints
Figure 12. Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Hydrogen Compressor Market Breakdown, By Type (2020 and 2028)
Figure 14. APAC Oil-Based: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Oil-Free: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Hydrogen Compressor Market Breakdown, By Stage (2020 and 2028)
Figure 17. APAC Single-Stage: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Multi-Stage: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Hydrogen Compressor Market Breakdown, By End-user (2020 and 2028)
Figure 20. Chemicals : Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Oil and Gas : Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Automotive and Transportation : Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC Renewable Energy : Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC Other end-users : Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)
Figure 25. Asia Pacific: Hydrogen Compressor Market, by Key Country-Revenue 2020 (US$ Million)
Figure 26. Asia Pacific: Hydrogen Compressor Market Revenue Share, by Key Country (2020 & 2028)
Figure 27. Australia: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. China: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. India: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Japan: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. South Korea: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Asia Pacific: Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Note: Product cover images may vary from those shown
  • Atlas Copco AB
  • Burckhardt Compression AG
  • Fluitron, Inc.
  • Gardner Denver Nash, LLC
  • HAUG Sauer Kompressoren AG
  • Howden Group
  • Hydro-Pac, Inc.
  • Lenhardt & Wagner GmbH
  • NEUMAN & ESSER GROUP
  • PDC Machines Inc.
Note: Product cover images may vary from those shown
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