Hydrogen Compressors Market Market To Observe Exponential Growth By 2023-2028 - 0 views
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Almira Coyne on 25 Jul 24The global hydrogen compressors market is projected to reach USD 2.6 billion by 2028 from an estimated USD 2.1 billion in 2023, at a CAGR of 4.5 % during the forecast period. The rising investment in renewable energy projects and the growing concern on environment sustainability is expected to accelerate the growth of the hydrogen compressors market. This report segments the hydrogen compressors market based on type into two categories: Mechanical Compressor, and Non-mechanical Compressor. The Mechanical Compressor is expected to be the largest segment during the forecast period as it is a viable technology. For various applications, including storage, transportation, and utilization in industrial processes or fue