A hydrogen compressor is a device that increases the pressure of hydrogen gas by decreasing its volume. Reduced vapor liquid hydrogen: most compressors used for gaseous hydrogen compression are either positive displacement or negative displacement, depending on the application. Hydrogen fuels are considered one of the most important technologies and are expected to drive the market during the forecast period.  The hydrogen compressor market consists of the sale of hydrogen compressor devices by entities (organizations, partnerships, or sole proprietors) that increase the pressure of hydrogen by reducing gas volume. The compression in a hydrogen compressor is achieved by moving hydrogen through a compressor that reduces gas volume between the inlet and the discharge. The decrease in volume results in compressed hydrogen or liquid hydrogen.

Market Growth

The global hydrogen compressor market is still in the growth stage. However, the growth rate is expected to be slow owing to the recent discovery of new shale oil deposits in the U.S. and the disagreement related to oil and gas supply between Russia and the Organization of the Islamic Conference Petroleum Exporting Countries (OPEC). Therefore, this discovery and the dispute between The U.S., Russia, and OPEC will potentially make petrol, diesel, and other fuels cheaper. Besides, there are popular alternatives, such as solar power and wind power. Electricity generated from these sources has a more developed market, which will limit the growth of hydrogen compressor market.

Increasing demand for hydrogen from end-use industries is expected to propel the growth of the global hydrogen compressor market. The end-use sectors, such as household energy distribution companies, oil and gas companies, and power generation companies, are increasingly investing in new hydrogen distribution and generation plants to meet consumer requirements and comply with government measures against environmental pollution. For instance, in 2020, in the UK, a groundbreaking hydrogen trial project (HyDeploy) will be underway at Keele University. And this pilot project is led by Cadent in partnership with Northern Gas Networks (NGN) in the UK as an injection of zero-carbon hydrogen into Keele University’s gas grid, which is feeding approximately 101 houses and 31 faculty buildings. Thus, the increase in demand for hydrogen from end-user industries is expected to boost the market for hydrogen compressors.