Asia-Pacific was the largest regional market for hydrogen storage and transportation for railways in 2021 amounting to around 1.34 million U.S. dollars. Between 2022 and 2028, the Asia-Pacific market is forecast to grow by a compound annual growth rate of 48 percent, reaching a projected 22.24 million U.S. dollars in 2028. Europe is projected to be the fastest-growing regional market for the industry, with a compound annual growth rate of 48.4 percent.
Global hydrogen storage tank and transportation for railway market size by region between 2020 and 2021, with a forecast through 2028
(in million U.S. dollars)
Characteristic
Asia-Pacific
Europe
North America
Latin America, the Middle East, and Africa
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Extrapolate. (March 30, 2023). Global hydrogen storage tank and transportation for railway market size by region between 2020 and 2021, with a forecast through 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1377698/regional-hydrogen-storage-tank-and-transportation-market-for-railway/
Extrapolate. "Global hydrogen storage tank and transportation for railway market size by region between 2020 and 2021, with a forecast through 2028 (in million U.S. dollars)." Chart. March 30, 2023. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1377698/regional-hydrogen-storage-tank-and-transportation-market-for-railway/
Extrapolate. (2023). Global hydrogen storage tank and transportation for railway market size by region between 2020 and 2021, with a forecast through 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1377698/regional-hydrogen-storage-tank-and-transportation-market-for-railway/
Extrapolate. "Global Hydrogen Storage Tank and Transportation for Railway Market Size by Region between 2020 and 2021, with a Forecast through 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Mar 2023, https://www.statista.com/statistics/1377698/regional-hydrogen-storage-tank-and-transportation-market-for-railway/
Extrapolate, Global hydrogen storage tank and transportation for railway market size by region between 2020 and 2021, with a forecast through 2028 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1377698/regional-hydrogen-storage-tank-and-transportation-market-for-railway/ (last visited July 23, 2024)
Global hydrogen storage tank and transportation for railway market size by region between 2020 and 2021, with a forecast through 2028 (in million U.S. dollars) [Graph], Extrapolate, March 30, 2023. [Online]. Available: https://www.statista.com/statistics/1377698/regional-hydrogen-storage-tank-and-transportation-market-for-railway/