In 2021, vehicles were by far the segment dominating the global market value of hydrogen storage tanks and transportation, with a share of 62 percent. This is expected to increase by 2028 to account for 66 percent of the market value. In comparison, the global market value share of trailers for hydrogen transportation is expected to decrease from 15 percent in 2021 to eight percent in 2028.
Distribution of hydrogen storage tanks and transportation market worldwide in 2021 with a forecast for 2028, by application
*Forecast.
The shares correspond to the global market value of hydrogen storage tanks and transportation, which amounted to 257.19 million U.S. dollars in 2021 and is forecast to amount to nearly 4.21 billion U.S. dollars in 2028.
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Extrapolate. (March 30, 2023). Distribution of hydrogen storage tanks and transportation market worldwide in 2021 with a forecast for 2028, by application [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1379206/global-hydrogen-storage-tanks-and-transportation-application-market-value-share/
Extrapolate. "Distribution of hydrogen storage tanks and transportation market worldwide in 2021 with a forecast for 2028, by application." Chart. March 30, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1379206/global-hydrogen-storage-tanks-and-transportation-application-market-value-share/
Extrapolate. (2023). Distribution of hydrogen storage tanks and transportation market worldwide in 2021 with a forecast for 2028, by application. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1379206/global-hydrogen-storage-tanks-and-transportation-application-market-value-share/
Extrapolate. "Distribution of Hydrogen Storage Tanks and Transportation Market Worldwide in 2021 with a Forecast for 2028, by Application." Statista, Statista Inc., 30 Mar 2023, https://www.statista.com/statistics/1379206/global-hydrogen-storage-tanks-and-transportation-application-market-value-share/
Extrapolate, Distribution of hydrogen storage tanks and transportation market worldwide in 2021 with a forecast for 2028, by application Statista, https://www.statista.com/statistics/1379206/global-hydrogen-storage-tanks-and-transportation-application-market-value-share/ (last visited December 03, 2024)
Distribution of hydrogen storage tanks and transportation market worldwide in 2021 with a forecast for 2028, by application [Graph], Extrapolate, March 30, 2023. [Online]. Available: https://www.statista.com/statistics/1379206/global-hydrogen-storage-tanks-and-transportation-application-market-value-share/
