PRESS RELEASE

Global Hydrogen Energy Storage System Market Size Set Expands at Significant CAGR of 10.28% During 2024–2030 to Reach USD 6.93 Billion by 2030

The global hydrogen energy storage system market is poised for explosive growth, fueled by a compelling mix of factors: soaring demand for clean energy, urgent decarbonization goals, modernization needs of aging grids, long-duration storage requirements for renewables, versatile applications beyond transportation (industry, power generation, etc.), technological advancements increasing efficiency and safety, and increasing government support and investments.