Hydrogen storage Market trends research and projections for 2017 – 2024

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Hydrogen storage Market Price, Packaging Trends,
Industry Outlook Forecast 2017-2024
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Global Market Scenario of Hydrogen storage Market
Industry

• 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 countrys industrial outlook.
• 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
  2024. 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.

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• 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, 2017-2024
• 2. 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.

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Research Methodology
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