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)
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Market size in billion U.S. dollars
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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 September 01, 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 September 01, 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: September 01, 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 September 01, 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/