Allied Market Research

Hydrogen Compressors Market Expected to Reach $2,662.1 Million by 2030—Allied Market Research


Report Code : A08252

quote “The hydrogen compressors market has witnessed significant growth in the past few years, due to the development of the automotive sector and increase in investments in oil, gas, and energy sectors. In addition, hydrogen compressors are more effective and can be utilized for compressing small & medium amount of hydrogen to high pressure, and hence are widely used in chemical and oil & gas industries.” quote

Amar Chinchane
Lead Analyst, Construction and Manufacturing at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a new report published by Allied Market Research, titled, Hydrogen Compressor Market by Technology Type, Lubricant Type, and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global Hydrogen compressors market size was valued at $1,789.1 million in 2020, and is projected to reach $2,662.1 million by 2030, registering a CAGR of 4.0% from 2021 to 2030.

Hydrogen compressor is a device that is utilized to reduce the volume of hydrogen to increase the pressure resulting in compressed hydrogen or liquid hydrogen. The compressor decreases the volume of hydrogen gas as gases are compressible, but a pump raising the pressure of a liquid allows the liquid hydrogen to be transferred elsewhere.

Hydrogen compressors are capable of compressing small to medium volumes of hydrogen to high pressures, and depending on the application, they may even reach pressures of more than 5,000 bar (75,000 PSI). Furthermore, lubricated compression can attain discharge pressures of more than 600 bar (9,000 PSI) if oil traces are permitted in the gas, which is one of the key drivers of the market.

In addition, increase in investments and government initiatives in the chemical and energy sectors is expected to create opportunities for the hydrogen compressor market. For instance, the U.S. Department of Energy's (DOE) Office of Fossil Energy (FE) stated in January 2021 that it will allocate USD 160 million in federal funds to assist re-calibrate the country's massive fossil fuel and power infrastructure for decarbonized energy and commodity production. The funds will be used to assist a variety of research initiatives aimed at developing hydrogen compressors.

To strengthen the market position, competitors in the hydrogen compressor market have adopted key strategic moves such as collaboration, mergers, acquisitions, and partnerships. For instance, in October 2020, Hitachi Ltd. collaborated with Toyota Motor Corporation, which will develop vehicles equipped with hybrid system that uses powered hydrogen fuel cells and storage batteries as their source of electricity. Hence, these innovations in automotive sectors are expected to have a positive impact on the Hydrogen compressor market growth.

However, owing to lockdown imposed in the countries such as China, the U.S., and India due to the outbreak of coronavirus, numerous manufacturers in the worldwide hydrogen compressor market had to halt their business production. This disruption has a direct impact on the sales of hydrogen compressors. However, it is expected that the reopening of production facilities and the introduction of coronavirus vaccines will lead to the reopening of hydrogen compressor firms.

The key companies profiled in the hydrogen compressors market report include Ariel Corporation, Atlas Copco AB, Burckhardt Compression AG, Fluitron, Inc, HAUG Sauer Kompressoren AG, Hitachi, Ltd., Howden Group, IDEX Corporation, Ingersoll Rand, Inc., and Nel ASA. 

Key Findings Of The Study

  • The report provides an extensive analysis of the current trends and future estimations of the hydrogen compressor market.  
  • Depending on technology type, the mechanical compressors segment dominated the market, in terms of revenue, in 2020.
  • By lubricant type, the oil-based segment registered the highest revenue in 2020.
  • Oil & gas segment is projected to register highest growth rate in the coming years. 

The key players within the hydrogen compressor market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the hydrogen compressor industry. 
In-depth hydrogen compressor market analysis is conducted by constructing estimations for the key segments between 2021 and 2030. 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975



For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote Hydrogen Compressor Market by Technology Type (Mechanical and Nonmechanical), Lubricant Type (Oil-based and Oil-free) and End-user Industry (Oil & Gas, Chemical, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,718 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.


Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Published Date Jan 2021

Surgical Equipment Market

Download Sample

Published Date Nov 2020

Medical Implant Market

Download Sample

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"Hydrogen Compressors Market"
Purchase Enquiry