Market Overview:
The global liquid hydrogen transportation equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for liquid hydrogen in various applications such as chemical, oil refining, general industry, transportation and metal working. In addition, the growing demand for clean energy is also propelling the growth of this market. However, high installation and maintenance cost may restrain the growth of this market during the forecast period. On basis of type, liquid hydrogen tanker dominates the global liquid hydrogen transportation equipment market with a share of more than 60%. This can be attributed to its ability to store large quantities of liquefied gas and transport it across long distances without any loss in quality or purity. On basis of application, chemical segment dominates the global liquid hydrogen transportation equipment with a share more than 50%.
Product Definition:
Liquid Hydrogen Transportation Equipment is a system used to transport liquid hydrogen. The importance of Liquid Hydrogen Transportation Equipment is that it allows for the transportation of large quantities of liquid hydrogen, which can be used in various industries.
Liquid Hydrogen Tanker:
Liquid hydrogen tanker is a large transport vehicle that stores liquid hydrogen in pressurized tanks. It is used to supply fuel for vehicles and stationary applications. The liquid hydrogen in the tank has a boiling point of -210°C and makes up to 360 kg of pressure at 60 °C, allowing it to be used as an energy source across various industries such as automotive, aerospace & defense, electronics manufacturing among others.
Organic Carrier Transportation Equipment:
An organic carrier is a substance that can deliver hydrogen to the destination point. In liquid hydrogen transportation, an organic carrier is used as a medium for transporting liquid hydrogen from one place to another. The most commonly used carriers are methanol and ethanol owing to their properties such as high boiling point and low viscosity at room temperature respectively.
Application Insights:
The general industry application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. Liquid hydrogen is used for heat treatment in steel manufacturing process and thus, this application has emerged as a major consumer of LHH.
In terms of revenue, the oil refining sector was valued at USD 1,227.5 million in 2017 owing to increasing use of liquid hydrogen as a fuel additive for improving various properties of lubricating oils such as anti-frictionness, high temperature stability & endurance and low friction reduction rate. Also, it acts as an effective refrigerant which reduces thermal stress on oil pipes during transportation resulting in improved durability factor along with cost savings by avoiding additional tank trucks or trains required to transport petroleum products from refineries to storage facilities. These factors are anticipated to drive demand over the coming years thereby propelling overall market growth across all regions globally by 2030 ¢â‚¬â€œ 28%.
Regional Analysis:
Asia Pacific was the leading revenue contributor in 2017 and is anticipated to witness significant growth over the forecast period. The presence of a large number of LNG terminals, growing demand for natural gas across emerging economies such as China and India, increasing oil & gas production coupled with industrialization are some major factors driving regional market growth.
North America liquid hydrogen transportation equipment market is expected to grow at an estimated CAGR of XX% from 2018 to 2030 owing to increasing investments in infrastructure development along with technological advancements pertaining liquefied natural gas (LNG) supply chain in order to meet rising energy demands across end-use industries such as petrochemicals and metal manufacturing among others. Increasing government initiatives aimed at reducing carbon footprint by shifting towards cleaner fuel alternatives are also expected drive regional industry growth over the forecast period.
Growth Factors:
- Increasing demand for hydrogen as a fuel source in transportation sector
- Government initiatives and subsidies for the development of hydrogen infrastructure
- Growing popularity of fuel cell vehicles among consumers
- Technological advancements that make liquid hydrogen transportation more efficient and cost-effective
- Rising awareness about the benefits of using liquid hydrogen as a transport fuel
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Hydrogen Transportation Equipment Market Research Report
By Type
Liquid Hydrogen Tanker, Organic Carrier Transportation Equipment
By Application
Chemical, Oil Refining, General Industry, Transportation, Metal Working
By Companies
Kawasaki, Chart, Air Liquide, Air Products, Tuvsud, Chiyoda Coporation, Linde Engineering, Kawasaki
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Hydrogen Transportation Equipment Market Report Segments:
The global Liquid Hydrogen Transportation Equipment market is segmented on the basis of:
Types
Liquid Hydrogen Tanker, Organic Carrier Transportation Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Oil Refining, General Industry, Transportation, Metal Working
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kawasaki
- Chart
- Air Liquide
- Air Products
- Tuvsud
- Chiyoda Coporation
- Linde Engineering
- Kawasaki
Highlights of The Liquid Hydrogen Transportation Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Hydrogen Tanker
- Organic Carrier Transportation Equipment
- By Application:
- Chemical
- Oil Refining
- General Industry
- Transportation
- Metal Working
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Liquid Hydrogen Transportation Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Liquid hydrogen transportation equipment is a system that uses liquid hydrogen as the fuel and oxidizer to power vehicles or engines.
Some of the major players in the liquid hydrogen transportation equipment market are Kawasaki, Chart, Air Liquide, Air Products, Tuvsud, Chiyoda Coporation, Linde Engineering, Kawasaki.
The liquid hydrogen transportation equipment market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Hydrogen Transportation Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Liquid Hydrogen Transportation Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Hydrogen Transportation Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Liquid Hydrogen Transportation Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Liquid Hydrogen Transportation Equipment Market Size & Forecast, 2018-2028
4.5.1 Liquid Hydrogen Transportation Equipment Market Size and Y-o-Y Growth
4.5.2 Liquid Hydrogen Transportation Equipment Market Absolute $ Opportunity
Chapter 5 Global Liquid Hydrogen Transportation Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Liquid Hydrogen Transportation Equipment Market Size Forecast by Type
5.2.1 Liquid Hydrogen Tanker
5.2.2 Organic Carrier Transportation Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Liquid Hydrogen Transportation Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Liquid Hydrogen Transportation Equipment Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Oil Refining
6.2.3 General Industry
6.2.4 Transportation
6.2.5 Metal Working
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Hydrogen Transportation Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Liquid Hydrogen Transportation Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Liquid Hydrogen Transportation Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Liquid Hydrogen Transportation Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Liquid Hydrogen Transportation Equipment Market Size Forecast by Type
9.6.1 Liquid Hydrogen Tanker
9.6.2 Organic Carrier Transportation Equipment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Liquid Hydrogen Transportation Equipment Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Oil Refining
9.10.3 General Industry
9.10.4 Transportation
9.10.5 Metal Working
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Liquid Hydrogen Transportation Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Liquid Hydrogen Transportation Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Liquid Hydrogen Transportation Equipment Market Size Forecast by Type
10.6.1 Liquid Hydrogen Tanker
10.6.2 Organic Carrier Transportation Equipment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Liquid Hydrogen Transportation Equipment Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Oil Refining
10.10.3 General Industry
10.10.4 Transportation
10.10.5 Metal Working
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Liquid Hydrogen Transportation Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Liquid Hydrogen Transportation Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Liquid Hydrogen Transportation Equipment Market Size Forecast by Type
11.6.1 Liquid Hydrogen Tanker
11.6.2 Organic Carrier Transportation Equipment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Liquid Hydrogen Transportation Equipment Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Oil Refining
11.10.3 General Industry
11.10.4 Transportation
11.10.5 Metal Working
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Liquid Hydrogen Transportation Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Liquid Hydrogen Transportation Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Liquid Hydrogen Transportation Equipment Market Size Forecast by Type
12.6.1 Liquid Hydrogen Tanker
12.6.2 Organic Carrier Transportation Equipment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Liquid Hydrogen Transportation Equipment Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Oil Refining
12.10.3 General Industry
12.10.4 Transportation
12.10.5 Metal Working
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Liquid Hydrogen Transportation Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Liquid Hydrogen Transportation Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Liquid Hydrogen Transportation Equipment Market Size Forecast by Type
13.6.1 Liquid Hydrogen Tanker
13.6.2 Organic Carrier Transportation Equipment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Liquid Hydrogen Transportation Equipment Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Oil Refining
13.10.3 General Industry
13.10.4 Transportation
13.10.5 Metal Working
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Liquid Hydrogen Transportation Equipment Market: Competitive Dashboard
14.2 Global Liquid Hydrogen Transportation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kawasaki
14.3.2 Chart
14.3.3 Air Liquide
14.3.4 Air Products
14.3.5 Tuvsud
14.3.6 Chiyoda Coporation
14.3.7 Linde Engineering
14.3.8 Kawasaki
