Hydrogen Detection Market

Hydrogen Detection Industry worth $410 million by 2028

The report "Hydrogen Detection Market by Technology (Electrochemical, Catalytic, MOS, Thermal Conductivity, MEMS), Implementation (Fixed, Portable), Detection Range (0-1000 ppm, 0-5000 ppm, 0-20000 ppm, >0-20000 ppm), Application, Region - Global Forecast to 2028" The hydrogen detection market is expected to reach USD 410 million by 2028 from USD 240 million in 2023, at a CAGR of 11.3 % during 2023–2028. The major factors driving the market growth of the hydrogen detection market include increasing adoption of fuel cell technology, growing need for energy efficiency as well as low carbon energy systems, and rising leak detection and monitoring requirements in oil & gas, automotive & transportation, energy & power, chemical, and other applications.

Browse 168 market data Tables and 51 Figures spread through 208 Pages and in-depth TOC on "Hydrogen Detection Market by Technology (Electrochemical, Catalytic, MOS, Thermal Conductivity, MEMS), Implementation (Fixed, Portable), Detection Range (0-1000 ppm, 0-5000 ppm, 0-20000 ppm, >0-20000 ppm), Application, Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/hydrogen-detection-market-52631881.html

Fixed implementation type is expected to account for the largest share of the hydrogen detection market during the forecast period.

Fixed hydrogen detectors are designed to operate continuously, constantly monitoring the area's hydrogen levels. This makes them well-suited for environments where hydrogen is always present, such as fuel cell manufacturing plants and in FCVs or chemical plants that use hydrogen as a reagent or carrier gas. This equipment is more sensitive, allowing them to detect even very low levels of hydrogen. This is important for ensuring the safety of personnel and preventing the build-up of explosive concentrations of hydrogen. In addition, fixed hydrogen detectors are often calibrated to specific concentrations of hydrogen, allowing them to provide more accurate readings. All these factors are expected to drive the fixed hydrogen detection equipment market during the forecast period.

The oil & gas application is projected to account for significant share of hydrogen detection market in 2022.

Hydrogen plays an integral role in oil & gas applications, especially in refining processes. Hydrogen lowers the sulfur content of fuels. It works to reduce heavy gas and oils to those with lower molecular weights. Hydrogen can also be used to treat gas in catalytic reforming, thus increasing their importance in the oil and gas industry. All these processes improve the need for hydrogen leak detection in oil & gas applications. Different hydrogen detection equipment can be found in oil and natural gas well sites, at petroleum refineries, and in pipelines that carry crude oil and natural gas.

Asia Pacific is expected to register the highest CAGR during the forecast period.

The growing automotive & transportation, chemical and energy & power applications in the Asia Pacific region is expected to drive the hydrogen detection market. Various countries in Asia Pacific such as China, Japan, and India are focusing on producing hydrogen and implementing national hydrogen strategies to support the global energy transition phenomenon. China is among the top hydrogen producers in the region. For instance, China's National Development and Reform Commission (NDRC) and National Energy Administration (NEA) have collaboratively published the country's inaugural mid- to long-term plan outlining the implementation and development of hydrogen utilization in China until 2035. According to this plan, the target for renewable-based hydrogen production is set to range between 100,000 and 200,000 tons per year by 2025.Thus rising hydrogen production and its investments in Asia Pacific region is expected to contribute to the need for hydrogen detection equipment in the said region.

The report profiles key players such as Teledyne Technologies (US), Honeywell International (US), Figaro Engineering (Japan), H2Scan Corporation (US), NevadaNano (US), Hydrogen Sense Technology(China), Membrapor (Switzerland), Makel Engineering (US), and so on.

Don’t miss out on business opportunities in Hydrogen Detection Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Hydrogen Detection Market Size,  Share & Growth Report
Report Code
SE 8659
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Hydrogen Detection Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status

Digital Virtual Assistant - MarketsandMarkets