Roland Berger, the global consulting firm, has cast a spotlight on the future of hydrogen storage, predicting a shift towards battery electric vehicles (BEVs) and gaseous hydrogen as the predominant technologies in the next decade.
The study emphasizes the transformative potential of the hydrogen storage market, particularly in the mobility and infrastructure sectors, projecting a total market value of 9.5 billion euros by 2030.
The core focus of Roland Berger’s study revolves around the unprecedented potential of hydrogen storage, specifically in the realms of mobility and infrastructure. Out of the projected 9.5 billion euros, a staggering 6.7 billion euros are expected to be directed towards mobility, with heavy mobility accounting for a significant portion. The firm asserts that fuel cells, deemed the most efficient technology in terms of costs, energy consumption, and autonomy, will emerge victorious in this evolving landscape. The anticipated synergy with gaseous hydrogen is poised to provide an average range of 600 km, with type IV reservoirs dominating the scene until 2035.
The study anticipates a diverse mobility market, encompassing applications across various domains such as cars, buses, trucks, construction machinery, tractors, and industrial trucks. While the aviation and maritime sectors are expected to be impacted post-2030, the automotive industry is forecasted to hold a minority share, accounting for just over 3% market share by 2030.
The report highlights ten manufacturers displaying ambitions in the hydrogen storage market, including industry giants such as Renault, Stellantis, Hyundai, and Toyota. European players, with a notable presence in light utility vehicles, include Forvia, Plastic Omnium, and Hexagon Purus. The study underlines significant penetration in coaches (26%), trains (23%), buses (9%), and trucks (4 to 6% based on tonnage).
Roland Berger’s study paints a compelling picture of the evolving hydrogen storage landscape, forecasting a future where fuel cells and gaseous hydrogen lead the charge in reshaping the dynamics of the mobility sector.
