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South America Hydrogen Compressor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Oil-Based and Oil-Free), Stage (Single-Stage and Multi-Stage), and End-User (Chemicals, Oil and Gas, Automotive and Transportation, Renewable Energy, and Other End-Users)

Code: TIPRE00023347 | Pages: 105 | Industry: Automotive and Transportation | Date: Jul 2021
Covid

Market Introduction

SAM includes several developing nations, such as Brazil, Argentina, Chile, Peru, and Colombia among others. The hydrogen compressor market is rising rapidly in SAM due to the mounting government support, and the escalating adoption of advanced technologies. The countries in SAM are attracting huge FDIs on the back of cheap labor, and low entry barriers and interest rates. For instance, Argentina is concentrating on attracting FDIs by easing import restrictions, signing international bilateral agreements, and lifting foreign investment restrictions. Such initiatives are expected to facilitate the development of different sectors across the region, promoting the growth of the hydrogen compressor market in the country. Also, increased adoption of hydrogen fuel cell vehicles is the major factor driving the growth of the SAM hydrogen compressor market.

South American countries have been witnessing growth in many industries such as automotive, chemical, and equipment manufacturing since the past few years. However, the COVID-19 outbreak has created a significant turmoil among the manufacturers across these industries. Brazil has reported the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, and Ecuador, among others. Like many countries in other regions, governments of South American countries have taken several actions to protect their citizens and contain the COVID-19 spread. This situation highlights limited resources and investments availability for product developments, which has slowed down the adoption of hydrogen compressors in this region. Major automotive and electronics manufacturers have also temporarily suspended their production process as a part of cost control measures. These factors are restraining the hydrogen compressor market growth in SAM.




Market Overview and Dynamics

The hydrogen compressor market in SAM, is expected to reach US$ 153.91 million by 2028 from US$ 118.05 million in 2021. The market is estimated to grow at a CAGR of 3.9% from 2021 to 2028. Due to the mounting urbanization and industrial growth, the energy consumption has risen manifolds. Thus, to meet the soaring demand for power, the development of sub-transmission and intrastate transmission networks is expanding. The escalating demand for energy & power, owing to rising household incomes and increasing manufacturing and heavy industries, is boosting the deployment of hydrogen compressors. Renewable energy plays a significant role for offering access to electricity.

Key Market Segments

The SAM hydrogen compressor market is segmented into type, stage, end-user and country. Based on type, the market is segmented into oil-based and oil-free. The oil-based segment dominated the market in the year 2020 and oil-free is expected to be the fastest growing during forecast period. In terms of stage, the hydrogen compressor market is segmented into single-stage and multi-stage. Multi-stage segment dominated the market in the year 2020 and single-stage is expected to be the fastest growing during the forecast period. In terms of end-user, the hydrogen compressor market is segmented into chemicals, oil and gas, automotive and transportation, renewable energy, and other end users. Oil and gas segment dominated the market in 2020 and automotive and transportation segment is expected to be the fastest growing during the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Compressor market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Atlas Copco AB; Burckhardt Compression AG; Fluitron, Inc.; Gardner Denver Nash, LLC; Howden Group; Lenhardt & Wagner GmbH; NEUMAN & ESSER GROUP; and PDC Machines Inc. among others.

Reasons to buy report

  • To understand the SAM hydrogen compressor market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM hydrogen compressor market
  • Efficiently plan M&A and partnership deals in SAM hydrogen compressor market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM hydrogen compressor market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.

SAM Hydrogen Compressor Market Segmentation

SAM Hydrogen Compressor Market -By Type

  • Oil-based
  • Oil-free

SAM Hydrogen Compressor Market -By Stage

  • Single-stage
  • Multi-stage

SAM Hydrogen Compressor Market -By End-User

  • Chemicals
  • Oil and Gas
  • Automotive and Transportation
  • Renewable Energy
  • Other End-users

SAM Hydrogen Compressor Market -By Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM Hydrogen Compressor Market -Company Profiles

  • Atlas Copco AB
  • Burckhardt Compression AG
  • Fluitron, Inc.
  • Gardner Denver Nash, LLC
  • Howden Group
  • Lenhardt & Wagner GmbH
  • NEUMAN & ESSER GROUP
  • PDC Machines Inc.  

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        SAM Hydrogen Compressor Market – By Type

1.3.2        SAM Hydrogen Compressor Market – By Stage

1.3.3        SAM Hydrogen Compressor Market – By End-User

1.3.4        SAM Hydrogen Compressor Market – By Country

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             SAM Hydrogen Compressor Market Landscape

4.1       Market Overview

4.2       SAM PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.             SAM Hydrogen Compressor Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1        Increased Adoption of Hydrogen Fuel Cell Vehicles

5.1.2        Prospering Oil and gas Sector

5.2       Key Market Restraints

5.2.1        Costly Recurring Cost in Maintenance

5.3       Key Market Opportunities

5.3.1        Ascent in  Investments in New Energy & Power Projects Worldwide

5.4       Future Trends

5.4.1        Augmentation of Electrochemical Hydrogen Compressor (EHC)

5.5       Impact Analysis of Drivers and Restraints

6.             Hydrogen Compressor Market – SAM Market Analysis

6.1       SAM Hydrogen Compressor Market Overview

6.2       SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

7.             SAM Hydrogen Compressor Market Analysis – By Type

7.1       Overview

7.2       SAM Hydrogen Compressor Market Breakdown, By Type (2020 and 2028)

7.3       Oil-Based

7.3.1        Overview

7.3.2        Oil-Based: SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

7.4       Oil-Free

7.4.1        Overview

7.4.2        Oil-Free: SAM  Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

8.             SAM Hydrogen Compressor Market Analysis– By Stage

8.1       Overview

8.2       SAM Hydrogen Compressor Market Breakdown, By Stage (2020 and 2028)

8.3       Single-Stage

8.3.1        Overview

8.3.2        Single-Stage: SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

8.4       Multi-Stage

8.4.1        Overview

8.4.2        Multi-Stage: SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.             SAM Hydrogen Compressor Market Analysis – By End-user

9.1       Overview

9.2       SAM Hydrogen Compressor Market, By End-user (2020 and 2028)

9.3       Chemicals

9.3.1        Overview

9.3.2        Chemicals: SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.4       Oil and Gas

9.4.1        Overview

9.4.2        Oil and Gas: SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.5       Automotive and Transportation

9.5.1        Overview

9.5.2        Automotive and Transportation: SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.6       Renewable Energy

9.6.1        Overview

9.6.2        Renewable Energy: SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

9.7       Other End-users

9.7.1        Overview

9.7.2        Other End-users: SAM Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

10.          SAM Hydrogen Compressor Market –Country Analysis

10.1    Overview

10.1.1     South America: Hydrogen Compressor Market, by Key Country

10.1.1.1    Brazil: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1    Brazil: Hydrogen Compressor Market, by Type

10.1.1.1.2    Brazil: Hydrogen Compressor Market, by Stage

10.1.1.1.3    Brazil: Hydrogen Compressor Market, by End-Users

10.1.1.2    Argentina: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1    Argentina: Hydrogen Compressor Market, by Type

10.1.1.2.2    Argentina: Hydrogen Compressor Market, by Stage

10.1.1.2.3    Argentina: Hydrogen Compressor Market, by End-Users

10.1.1.3    Rest of SAM: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1    Rest of SAM: Hydrogen Compressor Market, by Type

10.1.1.3.2    Rest of SAM: Hydrogen Compressor Market, by Stage

10.1.1.3.3    Rest of SAM: Hydrogen Compressor Market, by End-Users

11.          SAM Hydrogen Compressor Market- COVID-19 Impact Analysis

11.1    Overview

12.          Industry Landscape

12.1    Overview

12.2    Market Initiative

12.3    New Product Development

13.         Company Profiles

13.1    Atlas Copco AB

13.1.1     Key Facts

13.1.2     Business Description

13.1.3      Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Burckhardt Compression AG

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6      Key Developments

13.3    Fluitron, Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3      Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Gardner Denver Nash, LLC

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    Howden Group

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4      Financial Overview

13.5.5     SWOT Analysis

13.5.6      Key Developments

13.6    NEUMAN & ESSER GROUP

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    Lenhardt & Wagner GmbH

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4      Financial Overview

13.7.5     SWOT Analysis

13.7.6      Key Developments

13.8    PDC Machines Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4      Financial Overview

13.8.5     SWOT Analysis

13.8.6      Key Developments

14.          Appendix

14.1    About The Insight Partners

14.2       Word Index

LIST OF TABLES

Table 1.             SAM Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             South America Hydrogen Compressor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil: Hydrogen Compressor Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil: Hydrogen Compressor Market, by Stage –Revenue and Forecast to 2028 (US$ Million)

Table 5.             Brazil: Hydrogen Compressor Market, by End-Users –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Argentina: Hydrogen Compressor Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 7.             Argentina: Hydrogen Compressor Market, by Stage –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Argentina: Hydrogen Compressor Market, by End-Users –Revenue and Forecast to 2028 (US$ Million)

Table 9.             Rest of SAM: Hydrogen Compressor Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Rest of SAM: Hydrogen Compressor Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Rest of SAM: Hydrogen Compressor Market, by End-Users –Revenue and Forecast to 2028  (Rest of SAM$ Million)

Table 12.          List of Abbreviation

LIST OF FIGURES

Figure 1.           SAM Hydrogen Compressor Market Segmentation

Figure 2.           SAM Hydrogen Compressor Market Segmentation – By Country

Figure 3.           SAM Hydrogen Compressor Market Overview

Figure 4.           Oil-Based Segment held the Largest Share of  SAM hydrogen compressor market

Figure 5.           Multi-Stage Segment held the Largest Share of SAM hydrogen compressor market

Figure 6.           Oil and Gas segment held the Largest Share of SAM hydrogen compressor market

Figure 7.           Brazil to Show Great Traction During Forecast Period in SAM hydrogen compressor market

Figure 8.           SAM- PEST Analysis

Figure 9.           SAM Hydrogen Compressor Market Ecosystem

Figure 10.        Expert Opinions

Figure 11.        SAM Hydrogen Compressor Market Impact Analysis of Drivers and Restraints

Figure 12.        SAM Hydrogen Compressor Market - Revenue and Forecast to 2028 (US$ Million)

Figure 13.        SAM Hydrogen Compressor Market Breakdown, By Type (2020 and 2028)

Figure 14.        SAM Oil-Based: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 15.        SAM Oil-Free: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 16.        SAM Hydrogen Compressor Market Breakdown, By Stage (2020 and 2028)

Figure 17.        SAM Single-Stage: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Multi-Stage: Hydrogen Compressor Market- Revenue and Forecast to 2028 (US$ Million)

Figure 19.        SAM Hydrogen Compressor Market Breakdown, By End-user (2020 and 2028)

Figure 20.        SAM Chemicals : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 21.        SAM Oil and Gas : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 22.        SAM Automotive and Transportation : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 23.        SAM Renewable Energy : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 24.        SAM Other end-users : Hydrogen Compressor Market- Revenue and Forecast to 2028  (US$ Million)

Figure 25.        South America: Hydrogen Compressor Market, by Key Country (US$ Million)

Figure 26.        South America: Hydrogen Compressor Market Revenue Share, by Key Country (2020 and 2028)

Figure 27.        Brazil: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Argentina: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Rest of SAM: Hydrogen Compressor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Impact of COVID-19 Pandemic in SAM Markets

 

  1. Atlas Copco AB
  2. Burckhardt Compression AG
  3. Fluitron, Inc.
  4. Gardner Denver Nash, LLC
  5. Howden Group
  6. Lenhardt & Wagner GmbH
  7. NEUMAN & ESSER GROUP
  8. PDC Machines Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM Hydrogen Compressor Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the SAM Hydrogen Compressor market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth SAM market trends and outlook coupled with the factors driving Hydrogen Compressor market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 


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