Global Hydrogen Storage Market
The global hydrogen storage market is expected to witness a CAGR of 7.6% during the forecast period due to the increasing focus of key players to produce alternative renewable energy from fuel cells, hydrogen and oxygen.
The global hydrogen storage market is expected to witness a CAGR of 7.6% during the forecast period due to the increasing focus of key players to produce alternative renewable energy from fuel cells, hydrogen and oxygen.
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<strong>Global</strong> <strong>Hydrogen</strong> <strong>Storage</strong> <strong>Market</strong><br />
<strong>Global</strong> hydrogen storage market worth $426.4<br />
million in 2015<br />
As per the research, the global market for hydrogen storage is likely to grow<br />
from $477.7 million in 2016 to $991.7 million by 2026. With the increasing<br />
focus of key players to produce alternative renewable energy from fuel<br />
cells, hydrogen and oxygen, the market for hydrogen storage is expected to<br />
increase at a robust pace. Additionally, increasing consumption of hydrogen<br />
in various end-use sectors including power, energy, transportation, fueling<br />
stations, and electronics are expected to bolster the market for hydrogen<br />
storage during the forecast period.
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