북미의 수소 압축기 시장 보고서(2017-2035년) : 범위, 세분화, 동향, 경쟁 분석

The North America hydrogen compressor market is projected to grow significantly, reaching an estimated US$ 755.58 million by 2035, up from US$ 411.94 million in 2023. This growth represents a compound annual growth rate (CAGR) of 5.4% from 2024 to 2035.

Executive Summary and Market Analysis

The hydrogen compressor market in North America is primarily segmented into three countries: the United States, Canada, and Mexico. The demand for hydrogen compressors in these regions is largely driven by the expanding oil and gas sector. The well-established infrastructure in developed nations like the US and Canada enables manufacturing companies to push the boundaries of technology and commerce. Technological advancements have intensified competition within the manufacturing sector, which, according to the National Institute of Standards and Technology (NIST), was valued at US$ 2.9 trillion in 2023, contributing to 10% of the total GDP. This robust industrial landscape generates substantial demand for hydrogen as a clean fuel, thereby propelling the hydrogen compressor market forward.

In the US, approximately 10 million metric tons of hydrogen are produced annually, primarily for petroleum refining and ammonia production. Hydrogen is increasingly recognized for its potential to facilitate zero-emission operations across various sectors, including chemical processes, clean energy systems, and transportation. Notably, in January 2023, the Department of Energy (DOE) announced an investment of US$ 8 billion in Regional Clean Hydrogen Hubs (H2Hubs) as part of the Infrastructure Investment and Jobs Act. These hubs aim to demonstrate the entire clean hydrogen value chain, from production to end-use applications, aligning with the Biden Administration's goals of achieving a carbon-free electric grid by 2035 and a net-zero emissions economy by 2050.

Canada, on the other hand, produces 3 million metric tons of hydrogen annually, primarily from fossil fuels for industrial applications. The Hydrogen Strategy for Canada outlines the country's commitment to a clean hydrogen economy, aiming to supply up to 30% of its energy through clean hydrogen by 2050 and positioning itself among the top three clean hydrogen producers globally.

In 2022, crude oil production in the US saw a 5.6% increase, reaching 0.6 million barrels per day compared to 2021. Hydrogen compressors play a crucial role in petroleum refineries by ensuring efficient and leakage-free compression of oil and gas. In October 2023, Pemex, a Mexican oil and gas company, announced plans to invest approximately US$ 9.2 billion to expand its petroleum refineries, further indicating the growth potential in the region.

The US currently holds the largest market share in the hydrogen compressor sector, driven by the rapid expansion of the oil and gas industry and anticipated growth in drilling activities. Increased government investment in oil and gas projects is expected to further elevate the demand for hydrogen compressors. For instance, the US Department of Energy plans to invest US$ 7 billion in establishing seven clean hydrogen hubs nationwide, aiming to accelerate the commercial deployment of clean hydrogen.

Market Segmentation

The hydrogen compressor market can be analyzed through various segments, including type, technology, and end-user.

• By Type: The market is divided into lubricated and oil-free compressors, with lubricated compressors holding a larger market share in 2023.
• By Technology: The market is categorized into reciprocating hydrogen compressors, diaphragm hydrogen compressors, non-mechanical hydrogen compressors, and others, with reciprocating compressors leading the market in 2023.
• By End User: Key segments include power plants, oil and gas, food and beverages, petrochemical and chemical industries, hydrogen fueling stations, and hydrogen storage (Tube Trailers), with the petrochemical and chemical sectors dominating the market share in 2023.

Market Outlook

Globally, governments are increasingly focusing on developing eco-friendly solutions across various industries, including automotive, in response to concerns about resource depletion and environmental degradation. The shift in consumer preferences, driven by heightened awareness of air pollution and greenhouse gas emissions, has spurred demand for hydrogen fuel cell vehicles (FCEVs). Government investments in hydrogen fuel infrastructure and incentives for consumers are enabling original equipment manufacturers (OEMs) to expand their revenue streams and geographical reach. In the US and Canada, initiatives such as the Department of Energy's Hydrogen Program and California's Hydrogen Highway are promoting hydrogen fuel cell vehicles. Canada's Hydrogen Strategy aims for net-zero emissions by 2050, further supporting this transition.

FCEVs offer several advantages over traditional internal combustion engine (ICE) vehicles, including improved fuel economy, with FCEVs achieving approximately 63 miles per gallon gasoline equivalent (MPGge) compared to 29 MPGge for ICE vehicles. The Honda Clarity, for example, boasts a driving range of up to 366 miles, highlighting the growing appeal of hydrogen fuel cell technology.

Country Insights

The North American hydrogen compressor market is primarily driven by the US, which is the second-largest manufacturing hub globally, following China. The manufacturing sector's contribution to the US GDP is significant, necessitating ongoing investments in hydrogen infrastructure to maintain industrial output. Aging infrastructure in sectors such as oil and gas, energy, and petrochemicals requires upgrades and expansions, which will likely increase the demand for hydrogen as a transitional fuel. The US government has committed substantial funding to promote a Clean Hydrogen Economy, including plans to invest US$ 50 billion and establish seven clean hydrogen hubs.

Company Profiles

Key players in the North American hydrogen compressor market include Atlas Copco AB, Burckhardt Compression AG, Fluitron, Inc., Gardner Denver Nash, LLC, Howden Group, HAUG Sauer Kompressoren AG, NEUMAN & ESSER GROUP, Hydro-Pac, Inc., Lenhardt & Wagner GmbH, PDC Machines Inc., Sundyne, and Ariel Corporation. These companies are pursuing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their market presence and offer innovative solutions to consumers.

Table Of Contents

1. Introduction

• 1.1 Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macroeconomic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country-level data:

4. North America Hydrogen Compressors Market Landscape

• 4.1 Overview
• 4.2 PEST Analysis
• 4.3 Ecosystem Analysis
  • 4.3.1 List of Hydrogen Compressor Suppliers
• 4.4 Marketing Channel, Distributors, and Customers
  • 4.4.1 Marketing Channel
  • 4.4.2 List of Hydrogen Compressor Distributors
  • 4.4.3 List of Hydrogen Compressor Customers
  • 4.4.4 Price Analysis
  • 4.4.5 Advanced Technology in Hydrogen Compressors

5. North America Hydrogen Compressors Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Growing Adoption of Hydrogen Fuel Cell Vehicles
  • 5.1.2 Increasing Investments across Oil & Gas Sector
  • 5.1.3 Increasing Industrial Production Activities
• 5.2 Market Restraints
  • 5.2.1 High Recurring Cost in Maintenance
• 5.3 Market Opportunities
  • 5.3.1 Rising Investments in Renewable Energy and Hydrogen Generation Projects Worldwide
• 5.4 Future Trends
  • 5.4.1 Development of Electrochemical Hydrogen Compressor (EHC)
  • 5.4.2 Increasing Shift Toward Green Hydrogen
• 5.5 Impact of Drivers and Restraints:

6. Hydrogen Compressors Market - North America Market Analysis

• 6.1 North America Hydrogen Compressors Market Revenue (US$ Million), 2017-2035
• 6.2 North America Hydrogen Compressors Market Forecast Analysis

7. North America Hydrogen Compressors Market Analysis - by Type

• 7.1 Lubricated
  • 7.1.1 Overview
  • 7.1.2 Lubricated: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 7.2 Oil-free
  • 7.2.1 Overview
  • 7.2.2 Oil-free: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)

8. North America Hydrogen Compressors Market Analysis - by Technology

• 8.1 Reciprocating Hydrogen Compressors
  • 8.1.1 Overview
  • 8.1.2 Reciprocating Hydrogen Compressors: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 8.2 Diaphragm Hydrogen Compressors
  • 8.2.1 Overview
  • 8.2.2 Diaphragm Hydrogen Compressors: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 8.3 Non-Mechanical Hydrogen Compressor
  • 8.3.1 Overview
  • 8.3.2 Non-Mechanical Hydrogen Compressor: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 8.4 Others
  • 8.4.1 Overview
  • 8.4.2 Others: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)

9. North America Hydrogen Compressors Market Analysis - by End-user

• 9.1 Power Plants
  • 9.1.1 Overview
  • 9.1.2 Power Plants: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 9.2 Oil and Gas
  • 9.2.1 Overview
  • 9.2.2 Oil and Gas: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 9.3 Food and Beverages
  • 9.3.1 Overview
  • 9.3.2 Food and Beverages: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 9.4 Petrochemical and Chemical
  • 9.4.1 Overview
  • 9.4.2 Petrochemical and Chemical: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 9.5 Hydrogen Fueling Station
  • 9.5.1 Overview
  • 9.5.2 Hydrogen Fueling Station: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 9.6 Hydrogen Storage (Tube Trailers)
  • 9.6.1 Overview
  • 9.6.2 Hydrogen Storage (Tube Trailers): North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
• 9.7 Others
  • 9.7.1 Overview
  • 9.7.2 Others: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)

10. North America Hydrogen Compressors Market - Country Analysis

• 10.1 North America
  • 10.1.1 North America Hydrogen Compressors Market - Revenue and Forecast Analysis - by Country
    • 10.1.1.1 North America Hydrogen Compressors Market - Revenue and Forecast Analysis - by Country
    • 10.1.1.2 United States: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
      • 10.1.1.2.1 United States: North America Hydrogen Compressors Market Share - by Type
      • 10.1.1.2.2 United States: North America Hydrogen Compressors Market Share - by Technology
      • 10.1.1.2.3 United States: North America Hydrogen Compressors Market Share - by End-user
    • 10.1.1.3 Canada: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
      • 10.1.1.3.1 Canada: North America Hydrogen Compressors Market Share - by Type
      • 10.1.1.3.2 Canada: North America Hydrogen Compressors Market Share - by Technology
      • 10.1.1.3.3 Canada: North America Hydrogen Compressors Market Share - by End-user
    • 10.1.1.4 Mexico: North America Hydrogen Compressors Market - Revenue and Forecast, 2017-2035 (US$ Million)
      • 10.1.1.4.1 Mexico: North America Hydrogen Compressors Market Share - by Type
      • 10.1.1.4.2 Mexico: North America Hydrogen Compressors Market Share - by Technology
      • 10.1.1.4.3 Mexico: North America Hydrogen Compressors Market Share - by End-user

11. Competitive Landscape

• 11.1 Heat Map Analysis by Key Players
• 11.2 Company Positioning & Concentration

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative
• 12.3 Product Development
• 12.4 Mergers & Acquisitions

13. Company Profiles

• 13.1 Atlas Copco AB
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Burckhardt Compression AG
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 Fluitron, Inc.
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 Gardner Denver Nash, LLC
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 Howden Group
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 HAUG Sauer Kompressoren AG
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 NEUMAN & ESSER GROUP
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 Hydro-Pac, Inc.
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Lenhardt & Wagner GmbH
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments
• 13.10 PDC Machines Inc.
  • 13.10.1 Key Facts
  • 13.10.2 Business Description
  • 13.10.3 Products and Services
  • 13.10.4 Financial Overview
  • 13.10.5 SWOT Analysis
  • 13.10.6 Key Developments
• 13.11 Sundyne
  • 13.11.1 Key Facts
  • 13.11.2 Business Description
  • 13.11.3 Products and Services
  • 13.11.4 Financial Overview
  • 13.11.5 SWOT Analysis
  • 13.11.6 Key Developments
• 13.12 Ariel Corporation
  • 13.12.1 Key Facts
  • 13.12.2 Business Description
  • 13.12.3 Products and Services
  • 13.12.4 Financial Overview
  • 13.12.5 SWOT Analysis
  • 13.12.6 Key Developments

14. Appendix

• 14.1 About The Insight Partners