© 2016 Global Market Insights, Inc. USA. All Rights Reserved Hydrogen storage Market Price, Packaging Trends, Industry Outlook & Forecast
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global hydrogen storage market size will witness significant growth owing to stringent government regulations pertaining to harmful gas emissions. It has substantially escalated investments across the clean energy sphere. In 2016, New Zealand government lead carbon emission reduction directive by 30% in comparison to 2005 levels by 2030 pivot the country’s industrial outlook. Global hydrogen storage market Rising energy security concerns subject to inefficient plant operations and depleting conventional assets will positively drive the global hydrogen storage market size from 2016 to In 2017, Israel based GenCell and the U.S. based San Diego Gas & Electric have announced strategic partnership to establish fuel cells to its substations. Technological advancement in addition to growing fuel cell demand will positively pivot the global hydrogen storage market. Growing investments across research and development of fuel cell technology lays ground for industry expansion. Global Market Scenario of Hydrogen storage Market Industry
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Rising global supply security concerns coupled with inclination towards reducing dependence on foreign oil reserves in the U.S. and China will thrust the global hydrogen storage market. In China, declining oil prices have led domestic crude oil producers to lower their investments and production leading to increased imports, escalating the need for effective alternative source. Reasons to Buy This Report: 1. hydrogen storage Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. hydrogen storage Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles Based on technology, the global hydrogen storage market can be segmented as liquid hydrogen, compressed gaseous hydrogen, metal hydrides, carbon absorption and microspheres. Liquid H2 is set to grow substantially with global demand for clean and effective energy source. In 2017, European regulators have proposed to replace its conventional coal fired power plant by a H2 powered electrochemical generating station to electrify Longyearbyen. The U.S. hydrogen storage market is predicted to grow prominently due to rigorous research and growing effective and efficient energy source demand. In 2017, Netherland based Royal Dutch Shell Inc. in collaboration with Japanese firm Toyota have proposed set up of H2 fueling systems for cars. Continue…
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