Brazil Hydrogen Energy Storage Market Size & Outlook
Brazil hydrogen energy storage market, 2018-2030 (US$M)
Related Markets
Brazil hydrogen energy storage market highlights
- The Brazil hydrogen energy storage market generated a revenue of USD 232.5 million in 2023 and is expected to reach USD 312.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, industrial was the largest revenue generating application in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
Hydrogen energy storage market data book summary
| Market revenue in 2023 | USD 232.5 million |
| Market revenue in 2030 | USD 312.1 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial, Industrial |
| Key market players worldwide | Lincoln Electric Holdings Inc, Air Products & Chemicals Inc, Cummins Inc, Engie SA, ITM Power PLC, Iwatani Corp, Linde PLC, NEL ASA, Steelhead Composites |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.5% of the global hydrogen energy storage market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil hydrogen energy storage market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 312.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hydrogen Energy Storage Market Scope
Hydrogen Energy Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil hydrogen energy storage market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydrogen energy storage market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 39.83% in 2023. Horizon Databook has segmented the Brazil hydrogen energy storage market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the largest South American economy and is a part of BRICS, the five major emerging economies. Industrial development across the country has provided new Physical States for Hydrogen Energy Storage Market. Oil & gas industry in Brazil is recovering from recession and economic crisis.
According to the Federation of Industries of the State of Rio de Janeiro, 44 offshore production Applications are scheduled to be operational by 2030. Hydrogen is largely used in these industries. Rapidly expanding oil & gas sector is anticipated to drive Hydrogen Energy Storage Market in Brazil in the coming years.
Reasons to subscribe to Brazil hydrogen energy storage market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Brazil hydrogen energy storage market databook
-
Our clientele includes a mix of hydrogen energy storage market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil hydrogen energy storage market , including forecasts for subscribers. This country databook contains high-level insights into Brazil hydrogen energy storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil hydrogen energy storage market size, by application, 2018-2030 (US$M)
Brazil Hydrogen Energy Storage Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
