Middle East & Africa Hydrogen Compressor Market Size & Outlook
The hydrogen compressor market in Middle East & Africa is expected to reach a projected revenue of US$ 118.0 million by 2030. A compound annual growth rate of 3.8% is expected of Middle East & Africa hydrogen compressor market from 2025 to 2030.
Revenue, 2024 (US$M)
$94.6
Forecast, 2030 (US$M)
$118.0
CAGR, 2025 - 2030
3.8%
Report Coverage
Middle East & Africa
MEA hydrogen compressor market highlights
- The MEA hydrogen compressor market generated a revenue of USD 91.0 million in 2023.
- The market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, oil based was the largest revenue generating lubrication type in 2023.
- Oil Based is the most lucrative lubrication type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 91.0 million |
| Market revenue in 2030 | USD 118.0 million |
| Growth rate | 3.8% (CAGR from 2024 to 2030) |
| Largest segment | Oil based |
| Fastest growing segment | Oil Based |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oil Based |
| Key market players worldwide | Hitachi Ltd, Burckhardt Compression, IDEX Corp, HAUG Sauer Compressors, Chart Industries Inc, Fluitron, Ariel Corporation, Atlas Copco AB Class A, Kernel Holding SA, NEL ASA, Ingersoll Rand Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.9% of the global hydrogen compressor market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,075.6 million by 2030.
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Hydrogen Compressor Market Scope
Hydrogen compressor market segmentation & scope
End Use
Petrochemical & Chemicals
Oil & Gas
Others
Hydrogen Compressor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ariel Corporation | View profile | 1001-5000 | Mount Vernon, Ohio, United States, North America | https://www.arielcorp.com/ |
| Fluitron | View profile | 11-50 | Ivyland, Pennsylvania, United States, North America | https://fluitron.com/ |
| HAUG Sauer Compressors | View profile | 11-50 | Sankt Gallen, Sankt Gallen, Switzerland, Europe | https://www.haug.ch/de/ |
| Burckhardt Compression | View profile | 1001-5000 | Winterthur, Zurich, Switzerland, Europe | https://www.burckhardtcompression.com/ |
| Atlas Copco AB Class A | View profile | 53728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | https://www.atlascopcogroup.com |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| NEL ASA | View profile | 673 | Karenslyst alle 49, Oslo, Norway, N-0279 | https://www.nelhydrogen.com |
| IDEX Corp | View profile | 8800 | 3100 Sanders Road, Suite 301, Northbrook, IL, United States, 60062 | https://www.idexcorp.com |
| Kernel Holding SA | View profile | 10733 | 3 Tarasa Shevchenka Lane, Kyiv, Ukraine, 01001 | https://www.kernel.ua |
| Chart Industries Inc | View profile | 11637 | 2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, United States, 30107 | https://www.chartindustries.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
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