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As the global need for efficient and clean energy sources takes an upward trajectory, innovation in hydrogen compressor technology has emerged as the cornerstone of efforts aimed at meeting the energy requirements of the future. According to the International Energy Agency, in 2023, the global hydrogen demand touched 97 million tons, depicting a 2.5% surge compared to 2022. Over the recent years, the demand for hydrogen storage and transportation has depicted a spike in key regions across the globe, influencing the development landscape for solutions associated with hydrogen technology. This has created a host of avenues for hydrogen compressor manufacturers and suppliers.
Hydrogen compressors are used in industrial applications for increasing the pressure of hydrogen by decreasing its volume, easing the transportation, handling, and storage of the flammable gas. The process results in liquid hydrogen or compressed hydrogen, which can be used for electrolysis for hydrogen production, fuel cells, and production of hydrogen peroxide, among other applications. The technology serves as a catalyst for harnessing the energy potential of hydrogen and supporting the development of renewable energy solutions.
According to Fortune Business Insights, the global hydrogen compressor market size was valued at USD 2.15 billion in 2025. The market is projected to grow from USD 2.25 billion in 2026 to USD 3.52 billion by 2034, exhibiting a CAGR of 5.77% during the forecast period. The surging product demand has generated a pool of new opportunities for industry players, who are focused on takeovers, partnerships, and undertaking new projects to enhance their business prospects. In addition, companies are highly focused on innovation to bring advanced solutions to the market.
Germany-based Siemens, a global leader in services, gases, and industrial hydrogen production technologies, has an extensive portfolio that comprises innovative mobility solutions, distributed energy systems, and smart building infrastructure. The company serves industry players across a range of sectors, including transportation, healthcare, industrial, and infrastructure. In January 2024, Siemens Digital Industries Software announced that the Siemens Xcelerator was selected by REJOOL as a service portfolio of industry software for supporting the launch of PIONYR hydrogen compression technology. REJOOL is a hydrogen compression startup focused on the development and manufacturing of hermetically gas-tight and oil-less piston compressions for stationary applications associated with high-pressure hydrogen.
Mitsubishi Power holds a reputation for the production, designing, and upkeep of power equipment and systems. The company places a high emphasis on innovation and offers energy storage and power storage solutions and is focused on achieving net-zero emissions by offering energy storage and power storage solutions. In November 2023, Mitsubishi Power conducted a demonstration of a fuel blend of 30% hydrogen and natural gas at full load and partial load with the incorporation of hydrogen compressors. The demonstration deployed a 1,650℃ class grid-connected JAC (J-series Air-Cooled) gas turbine and occurred at the 566 MW T-Point 2 Combined Cycle Power Plant Validation Facility, Takasago City, Hyogo Prefecture, Japan.
Founded in 1830, NEUMAN & ESSER GROUP is specialized in the production of grinding systems and reciprocating compressors for numerous sectors such as chemical and petrochemical, oil and gas, renewable energy, and food industry. The company, one of the top hydrogen compressor players, offers an extensive range of compressor solutions. In April 2024, Neuman & Esser secured a contract for the construction of a hydrogen plant for Chile’s National Petroleum Co. (Enap) involving the installation of a hydrogen compressor. The production of the 1 MW capacity plant, which will be fueled by the Vientos Patagónico wind farm is scheduled to begin in 2025.
U.K.-based Howden Group is a specialized provider of hydrogen compression solutions and a range of gas and air handling products. The solutions of the company are designed for hydrogen refueling stations (HRS) and hydrogen fuel cell vehicles. In August 2022, Howden Group inked a MoU (memorandum of understanding) with renewable fuels company Raven SR Inc. for jointly developing a standardized design for hydrogen compressors on the basis of Raven’s standard plant sizes. The solutions would help maintain the inventories of dedicated compressor parts and decrease lead times.
U.K.-based Baker Hughes is a prominent manufacturer of advanced technology-based compressors. In May 2024, on behalf of Saudi Aramco, Worley Ltd., ordered 17 gas turbine-powered centrifugal hydrogen compressors from Baker Hughes Co., for the third stage of Saudi Arabia’s 12.5-bcfd MGS (Master Gas System). This order was placed in Q1 2024 and follows the supply of Baker Hughes’ 18 similar compressors for MGS Phase 1 and 2.
U.K.-based Linde Plc is one of the major engineering and gas companies and has a rich portfolio that comprises services catering to various industries, including food & beverages, chemical and refineries, manufacturing, healthcare, mining, and electronics. In April 2024, the company announced plans for the construction of a 5-MW pressurized alkaline hydrolyzer plant in Brazil. Linde’s subsidiary White Martins, focused on developing hydrogen compressor projects and producing green hydrogen, will construct the plant in Jacareí, São Paulo. The new plant would supply green hydrogen to Cebrace, allowing for the reduction of emissions from their Jacareí-based glass melting furnaces.
Air Products and Chemicals, Inc., develops hydrogen energy technology and offers industrial chemicals and gases. The company operates over 100 hydrogen plants and is a key provider of outsourced hydrogen to oil refineries across the globe. In June 2021, Baker Hughes and Air Products unveiled a collaboration for next-generation hydrogen compression technology for accelerating the adoption of hydrogen as an eco-friendly fuel and the reduction of production costs.
Based in Switzerland, Burckhardt Compression is a manufacturer of hydrogen compressors. The company has testing facilities and offices in Europe. Given the rising popularity of hydrogen for decarbonizing industrial and mobility applications, the company anticipates that the shift would result in a significant expansion of the hydrogen compression sector over the coming few decades. In February 2021, Burckhardt announced plans for supplying a new South Korea-based hydrogen liquefaction plant. The order comprises two BCS API618 compressors for hydrogen compression during the process of liquefaction.
Honeywell International Inc., is a global technology and manufacturing company that provides advanced solutions for industries including energy, aerospace, chemicals, automation, and clean energy. In the hydrogen sector, Honeywell supports the development of the hydrogen economy through technologies used in hydrogen production, compression, storage, and transportation. Honeywell offers hydrogen compression solutions primarily through its process technologies and acquired compressor businesses such as Sundyne.
In June 2025, Honeywell completed the acquisition of Sundyne, a prominent manufacturer of pumps and gas compressors, for USD 2.16 billion. This acquisition strengthens Honeywell’s capabilities in hydrogen compressor technologies, which are used for hydrogen production, processing, storage, and transportation across the hydrogen value chain. The deal also enhances Honeywell’s existing product portfolio associated with clean energy applications such as hydrogen processing, natural gas liquefaction (LNG), and renewable fuel production.
Ariel is one of the largest manufacturers of separable reciprocating gas compressors. In September 2024, the company partnered with HOERBIGER and H2 MOBILITY, setting new standards for the development of hydrogen refueling infrastructure for buses and trucks. Presently, the company has begun developing the most powerful hydrogen refueling station in Europe, which is capable of dispensing more than 5 tons of hydrogen on a daily basis with the installation of a hydrogen compressor.
Over the coming years, hydrogen-based fuels are expected to play a vital role in decarbonization, underscoring the need for effective, advanced hydrogen compressor solutions. A rise in government-backed investment initiatives aimed at strengthening the hydrogen infrastructure in their countries is another factor slated to push R&D and innovation endeavors in the field of hydrogen technology. Such initiatives are poised to incentivize tech developers, creating new avenues for market players.
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