The global hydrogen energy storage market is expected to value 16.64 billion U.S. dollars in 2024. This would be an increase of 5.9 percent compared to the previous year. The same forecast suggests market size could exceed 20 billion U.S. dollars by 2028.
Hydrogen energy storage market size worldwide in 2023, with a forecast until 2028
(in billion U.S. dollars)
The values for 2023, 2024 and 2028 were provided by the source. The figures between 2024 and 2028 were calculated by Statista assuming a CAGR of 6 percent as provided by the source.
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Research and Markets, & Statista. (December 31, 2023). Hydrogen energy storage market size worldwide in 2023, with a forecast until 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 03, 2024, from https://www.statista.com/statistics/1307043/global-hydrogen-energy-storage-market-value/
Research and Markets, und Statista. "Hydrogen energy storage market size worldwide in 2023, with a forecast until 2028 (in billion U.S. dollars)." Chart. December 31, 2023. Statista. Accessed October 03, 2024. https://www.statista.com/statistics/1307043/global-hydrogen-energy-storage-market-value/
Research and Markets, Statista. (2023). Hydrogen energy storage market size worldwide in 2023, with a forecast until 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 03, 2024. https://www.statista.com/statistics/1307043/global-hydrogen-energy-storage-market-value/
Research and Markets, and Statista. "Hydrogen Energy Storage Market Size Worldwide in 2023, with a Forecast until 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Dec 2023, https://www.statista.com/statistics/1307043/global-hydrogen-energy-storage-market-value/
Research and Markets & Statista, Hydrogen energy storage market size worldwide in 2023, with a forecast until 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1307043/global-hydrogen-energy-storage-market-value/ (last visited October 03, 2024)
Hydrogen energy storage market size worldwide in 2023, with a forecast until 2028 (in billion U.S. dollars) [Graph], Research and Markets, & Statista, December 31, 2023. [Online]. Available: https://www.statista.com/statistics/1307043/global-hydrogen-energy-storage-market-value/