Table of Content

1 INTRODUCTION (Page No. - 23)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION AND SCOPE 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE 
           1.3.1 MARKETS COVERED
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 LIMITATIONS 
    1.6 MARKET STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 INTRODUCTION 
           2.1.1 SECONDARY DATA
                    2.1.1.1 List of major secondary sources
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primaries
                    2.1.2.2 Key data from primary sources
           2.1.3 SECONDARY AND PRIMARY RESEARCH
                    2.1.3.1 Key industry insights
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for arriving at market size using bottom-up approach
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for arriving at market size using top-down approach
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 
    2.4 RESEARCH ASSUMPTIONS 
    2.5 RISK ASSESSMENT 
3 EXECUTIVE SUMMARY (Page No. - 39)
4 PREMIUM INSIGHTS (Page No. - 44)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR HYDROGEN VALVE MARKET 
    4.2 MARKET, BY VALVE TYPE 
    4.3 MARKET, BY MATERIAL 
    4.4 MARKET, BY IMPLEMENTATION 
    4.5 MARKET, BY APPLICATION 
    4.6 MARKET, BY END-USE INDUSTRY 
    4.7 ASIA PACIFIC HYDROGEN VALVE MARKET, BY APPLICATION AND COUNTRY 
    4.8 MARKET, BY COUNTRY 
5 MARKET OVERVIEW (Page No. - 49)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           5.2.1 DRIVERS
                    5.2.1.1 Increased adoption of hydrogen as clean energy source
                    5.2.1.2 Increase in demand for hydrogen valves in ammonia production
                    5.2.1.3 Government regulations and policies to promote hydrogen production and use
           5.2.2 RESTRAINTS
                    5.2.2.1 Hydrogen embrittlement on certain metals
                    5.2.2.2 Lack of standardization
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growing adoption of hydrogen in IC engine vehicles
                    5.2.3.2 Strategic partnerships between hydrogen manufacturers and valve manufacturers
           5.2.4 CHALLENGES
                    5.2.4.1 Possibility of leaks in packings and joints
                    5.2.4.2 Higher initial costs
    5.3 VALUE CHAIN ANALYSIS 
    5.4 MARKET ECOSYSTEM 
    5.5 INVESTMENT AND FUNDING SCENARIO 
    5.6 PRICING ANALYSIS 
           5.6.1 AVERAGE SELLING PRICE OF HYDROGEN VALVE TYPES OFFERED BY MAJOR PLAYERS
           5.6.2 PRICES OF HYDROGEN VALVES ACCORDING TO PRESSURE & SIZE
    5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
    5.8 PORTER’S FIVE FORCES ANALYSIS 
           5.8.1 THREAT OF NEW ENTRANTS
           5.8.2 THREAT OF SUBSTITUTES
           5.8.3 BARGAINING POWER OF SUPPLIERS
           5.8.4 BARGAINING POWER OF BUYERS
           5.8.5 INTENSITY OF COMPETITIVE RIVALRY
    5.9 CASE STUDY ANALYSIS 
           5.9.1 A. HOCK PROVIDES HYDROGEN VALVES FOR BATTOLYSER SYSTEMS
           5.9.2 PARKER HANNIFIN OFFERS SPECIFICALLY DESIGNED VALVES FOR HIGH-PRESSURE HYDROGEN APPLICATIONS TO AIR LIQUIDE
           5.9.3 PARKER HANNIFIN’S VALVES CONTROL HYDROGEN CONSUMPTION IN DOW CHEMICALS MANUFACTURING PROCESSES
    5.10 TECHNOLOGY TRENDS 
           5.10.1 KEY TECHNOLOGY
                    5.10.1.1 Artificial Intelligence
           5.10.2 COMPLEMENTARY TECHNOLOGY
                    5.10.2.1 SCADA System
           5.10.3 ADJACENT TECHNOLOGY
                    5.10.3.1 Internet of Things (IoT)
    5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
           5.11.2 BUYING CRITERIA
    5.12 TRADE ANALYSIS 
           5.12.1 TRADE ANALYSIS FOR HS CODE 848110
    5.13 PATENT ANALYSIS 
           5.13.1 MAJOR PATENTS
    5.14 KEY CONFERENCES AND EVENTS, 2024–2025 
    5.15 TARIFF, REGULATIONS, AND STANDARDS 
           5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.16 STANDARDS 
    5.17 IMPACT OF AI ON HYDROGEN VALVE MARKET 
           5.17.1 INTRODUCTION
           5.17.2 AI-SPECIFIC USE CASES
           5.17.3 FUTURE OF AI IN VALVE ECOSYSTEM
6 HYDROGEN VALVE MARKET, BY VALVE TYPE (Page No. - 81)
    6.1 INTRODUCTION 
    6.2 BALL VALVES 
           6.2.1 INVESTMENT IN ADVANCED TECHNOLOGY TO DRIVE MARKET
    6.3 NEEDLE VALVES 
           6.3.1 ADOPTION OF HYDROGEN AS CLEAN ENERGY SOURCE TO DRIVE DEMAND
    6.4 CHECK VALVES 
           6.4.1 INCREASED NEED TO PREVENT BACKFLOW AND ENSURE SAFE STORAGE
    6.5 PRESSURE RELIEF VALVES 
           6.5.1 CRUCIAL TO CONTROL AND REGULATE PRESSURE WITHIN HYDROGEN STORAGE TANKS AND PIPELINES
    6.6 GLOBE VALVES 
           6.6.1 ADVANCEMENTS IN HYDROGEN STORAGE INFRASTRUCTURE – KEY DRIVER
    6.7 FLOW CONTROL VALVES 
           6.7.1 LOW VISCOSITY AND HIGH DIFFUSIVITY LEAD TO HIGH DEMAND
    6.8 OTHER VALVES 
           6.8.1 EXPANSION IN HYDROGEN SECTOR TO DRIVE DEMAND
7 HYDROGEN VALVE MARKET, BY MATERIAL (Page No. - 95)
    7.1 INTRODUCTION 
    7.2 STAINLESS STEEL 
           7.2.1 STRENGTH AND CORROSION RESISTANCE TO DRIVE DEMAND
    7.3 ALUMINUM 
           7.3.1 RESILIENCE AGAINST EXTREME TEMPERATURES TO BOOST GROWTH
    7.4 OTHERS 
8 HYDROGEN VALVE MARKET, BY PRESSURE RANGE (Page No. - 100)
    8.1 INTRODUCTION 
    8.2 <50 BAR 
           8.2.1 SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
    8.3 >50–350 BAR 
           8.3.1 WIDELY USED IN FUEL CELL ELECTRIC VEHICLES
    8.4 >350–700 BAR 
           8.4.1 SEGMENT TO HOLD LARGEST SHARE IN MARKET
    8.5 >700–1,000 BAR 
           8.5.1 HIGH DEMAND IN HIGH-PRESSURE APPLICATIONS
    8.6 >1,000 BAR 
           8.6.1 HIGH DEMAND DUE TO EXCELLENT SAFETY AND RELIABILITY
9 HYDROGEN VALVE MARKET, BY SIZE (Page No. - 108)
    9.1 INTRODUCTION 
    9.2 <1" 
           9.2.1 SEGMENT TO GROW FASTEST DURING FORECAST PERIOD
    9.3 >1"–6" 
           9.3.1 WIDELY USED IN HYDROGEN FUEL CELLS
    9.4 >6”–12” 
           9.4.1 TO BE WIDELY USED IN HYDROGEN PRODUCTION DURING FORECAST PERIOD
    9.5 >12”–20” 
           9.5.1 WIDELY USED FOR HYDROGEN STORAGE
    9.6 >20” 
           9.6.1 MOSTLY USED IN HYDROGEN PRODUCTION AND STORAGE
10 HYDROGEN VALVE MARKET, BY IMPLEMENTATION (Page No. - 116)
     10.1 INTRODUCTION 
     10.2 NEW INSTALLATION 
             10.2.1 HOLDS LARGEST MARKET SHARE DUE TO INCREASE IN HYDROGEN PROJECTS
     10.3 RETROFIT INSTALLATION 
             10.3.1 REGULATORY REQUIREMENTS FOR GREEN ENERGY TO BOOST SEGMENT
11 HYDROGEN VALVE MARKET, BY APPLICATION (Page No. - 120)
     11.1 INTRODUCTION 
     11.2 HYDROGEN PRODUCTION 
             11.2.1 SEGMENT DRIVEN BY NEED FOR CLEAN ENERGY SOURCES
             11.2.2 MARKET, BY HYDROGEN PRODUCTION
                        11.2.2.1 Grey Hydrogen
                        11.2.2.2 Blue, Brown, and Black Hydrogen
                        11.2.2.3 Green Hydrogen
     11.3 HYDROGEN FUEL CELLS 
             11.3.1 EFFICIENT, ZERO-EMISSION ENERGY FOR TRANSPORTATION AND INFRASTRUCTURE – KEY SEGMENT DRIVER
             11.3.2 HYDROGEN IC ENGINES
     11.4 HYDROGEN FUELING STATIONS 
             11.4.1 INCREASING NEED FOR ENERGY IN DEVELOPING COUNTRIES TO ACCELERATE DEMAND
     11.5 HYDROGEN TRANSPORTATION 
             11.5.1 SPECIFIC TRANSPORTATION REQUIREMENTS OF HYDROGEN TO BOOST DEMAND
     11.6 HYDROGEN STORAGE 
             11.6.1 INCREASING DEMAND FOR ROBUST VALVES FOR SAFE STORAGE
12 HYDROGEN VALVE MARKET, BY END-USE INDUSTRY (Page No. - 136)
     12.1 INTRODUCTION 
     12.2 OIL & GAS 
             12.2.1 KEY ROLE IN REFINERIES TO BOOST DEMAND
     12.3 ENERGY & POWER 
             12.3.1 GROWTH DRIVEN BY DECARBONIZATION GOALS AND INFRASTRUCTURE INVESTMENT
     12.4 PHARMACEUTICAL 
             12.4.1 HYDROGEN USE IN PHARMACEUTICALS TO BOOST DEMAND FOR APPLICATION-SPECIFIC VALVES
     12.5 FOOD & BEVERAGES 
             12.5.1 WIDELY USED IN FOOD PROCESSING TO IMPROVE SAFETY AND EFFICIENCY
     12.6 CHEMICAL 
             12.6.1 RISING USE IN CARBON FOOTPRINT MANAGEMENT TO INCREASE NEED FOR SPECIALIZED VALVES
     12.7 METALS & MINING 
             12.7.1 ADOPTION IN MINING TO INCREASE DEMAND FOR ADVANCED, RELIABLE VALVES
     12.8 AUTOMOTIVE 
             12.8.1 PREVALENCE OF HYDROGEN FUEL CELLS AND IC ENGINES TO DRIVE SEGMENT
     12.9 OTHERS 
13 HYDROGEN VALVE MARKET, BY REGION (Page No. - 150)
     13.1 INTRODUCTION 
     13.2 NORTH AMERICA 
             13.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
             13.2.2 US
                        13.2.2.1 Market expansion due to focus of industrial sectors on hydrogen-related applications
             13.2.3 CANADA
                        13.2.3.1 Market growth propelled by hydrogen use in refineries and fertilizers
             13.2.4 MEXICO
                        13.2.4.1 Public-private collaborations fuel growth of market
     13.3 EUROPE 
             13.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
             13.3.2 UK
                        13.3.2.1 Government initiatives and industrial collaboration to drive market
             13.3.3 GERMANY
                        13.3.3.1 Research funding initiatives to drive market
             13.3.4 FRANCE
                        13.3.4.1 Cross-border hydrogen trade and infrastructure development to boost market
             13.3.5 REST OF EUROPE
     13.4 ASIA PACIFIC 
             13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
             13.4.2 CHINA
                        13.4.2.1 Market to be driven by substantial hydrogen production capacity
             13.4.3 JAPAN
                        13.4.3.1 Investment in renewable energy sources and power generation to boost demand
             13.4.4 SOUTH KOREA
                        13.4.4.1 Development plans for hydrogen industry to drive market
             13.4.5 INDIA
                        13.4.5.1 Government push to increase renewable energy capacity – key driver
             13.4.6 REST OF ASIA PACIFIC
     13.5 REST OF THE WORLD 
             13.5.1 MACROECONOMIC OUTLOOK FOR ROW
             13.5.2 GCC COUNTRIES
                        13.5.2.1 Collaborations for hydrogen supply chain to fuel demand
             13.5.3 AFRICA
                        13.5.3.1 Market driven by growing industrialization and infrastructure
             13.5.4 SOUTH AMERICA
                        13.5.4.1 Increasing industrial expansion to boost market
14 COMPETITIVE LANDSCAPE (Page No. - 170)
     14.1 INTRODUCTION 
     14.2 REVENUE ANALYSIS OF TOP FIVE COMPANIES 
     14.3 MARKET SHARE ANALYSIS OF TOP PLAYERS, 2023 
     14.4 COMPANY VALUATION AND FINANCIAL METRICS, 2023 
     14.5 BRAND/PRODUCT COMPARISON 
     14.6 COMPETITIVE EVALUATION QUADRANT, 2023 
             14.6.1 STARS
             14.6.2 EMERGING LEADERS
             14.6.3 PERVASIVE PLAYERS
             14.6.4 PARTICIPANTS
             14.6.5 HYDROGEN VALVE MARKET: COMPANY FOOTPRINT
                        14.6.5.1 Company footprint
                        14.6.5.2 Type footprint
                        14.6.5.3 End-use industry footprint
                        14.6.5.4 Region footprint
     14.7 HYDROGEN VALVE MARKET: COMPANY EVALUATION MATRIX (SMES), 2023 
             14.7.1 PROGRESSIVE COMPANIES
             14.7.2 RESPONSIVE COMPANIES
             14.7.3 DYNAMIC COMPANIES
             14.7.4 STARTING BLOCKS
     14.8 COMPETITIVE BENCHMARKING 
             14.8.1 MARKET: KEY STARTUPS
             14.8.2 MARKET: COMPETITIVE BENCHMARKING OF KEY SMES
     14.9 COMPETITIVE SITUATIONS AND TRENDS 
             14.9.1 PRODUCT LAUNCHES
             14.9.2 EXPANSIONS
             14.9.3 DEALS
15 COMPANY PROFILES (Page No. - 188)
     15.1 KEY PLAYERS 
             15.1.1 EMERSON ELECTRIC CO.
                        15.1.1.1 Business overview
                        15.1.1.2 Products/Solutions/Services offered
                        15.1.1.3 Recent developments
                                     15.1.1.3.1 Product launches
                                     15.1.1.3.2 Deals
                        15.1.1.4 MnM view
                                     15.1.1.4.1 Right to win
                                     15.1.1.4.2 Strategic choices
                                     15.1.1.4.3 Weaknesses/Competitive threats
             15.1.2 SLB
                        15.1.2.1 Business overview
                        15.1.2.2 Products/Solutions/Services offered
                        15.1.2.3 MnM view
                                     15.1.2.3.1 Right to win
                                     15.1.2.3.2 Strategic choices
                                     15.1.2.3.3 Weaknesses/Competitive threats
             15.1.3 VALMET
                        15.1.3.1 Business overview
                        15.1.3.2 Products/Solutions/Services offered
                        15.1.3.3 Recent developments
                                     15.1.3.3.1 Product launches
                        15.1.3.4 MnM view
                                     15.1.3.4.1 Right to win
                                     15.1.3.4.2 Strategic choices
                                     15.1.3.4.3 Weaknesses/Competitive threats
             15.1.4 IMI
                        15.1.4.1 Business overview
                        15.1.4.2 Products/Solutions/Services offered
                        15.1.4.3 MnM view
                                     15.1.4.3.1 Right to win
                                     15.1.4.3.2 Strategic choices
                                     15.1.4.3.3 Weaknesses/Competitive threats
             15.1.5 CRANE COMPANY
                        15.1.5.1 Business overview
                        15.1.5.2 Products/Solutions/Services offered
                        15.1.5.3 Recent developments
                                     15.1.5.3.1 Deals
                        15.1.5.4 MnM view
                                     15.1.5.4.1 Right to win
                                     15.1.5.4.2 Strategic choices
                                     15.1.5.4.3 Weaknesses/Competitive threats
             15.1.6 PARKER HANNIFIN CORP
                        15.1.6.1 Business overview
                        15.1.6.2 Products/Solutions/Services offered
                        15.1.6.3 Recent developments
                                     15.1.6.3.1 Product launches
             15.1.7 BAKER HUGHES COMPANY
                        15.1.7.1 Business overview
                        15.1.7.2 Products/Solutions/Services offered
             15.1.8 WESTPORT FUEL SYSTEMS INC.
                        15.1.8.1 Business overview
                        15.1.8.2 Products/Solutions/Services offered
                        15.1.8.3 Recent developments
                                     15.1.8.3.1 Expansions
             15.1.9 KITZ CORPORATION
                        15.1.9.1 Business overview
                        15.1.9.2 Products/Solutions/Services offered
             15.1.10 SWAGELOK COMPANY
                        15.1.10.1 Business overview
                        15.1.10.2 Products/Solutions/Services offered
                        15.1.10.3 Recent developments
                                     15.1.10.3.1 Expansions
     15.2 OTHER PLAYERS 
             15.2.1 GSR VENTILTECHNIK GMBH & CO. KG
             15.2.2 HIGH PRESSURE EQUIPMENT COMPANY
             15.2.3 VELAN INC.
             15.2.4 ROTAREX
             15.2.5 MAXIMATOR GMBH
             15.2.6 KEVIN STEEL
             15.2.7 JAKSA D.O.O.
             15.2.8 VEXVE OY
             15.2.9 CAM S.P.A.
             15.2.10 OLIVER VALVES LTD.
             15.2.11 ADAMS ARMATUREN GMBH
             15.2.12 HARTMANN VALVES GMBH
             15.2.13 OMB SALERI S.P.A.
             15.2.14 GEFA PROCESSTECHNIK GMBH
             15.2.15 HABONIM
16 ADJACENT & RELATED MARKETS (Page No. - 225)
     16.1 INTRODUCTION 
     16.2 LIMITATION 


List of Figures

FIGURE 1 HYDROGEN VALVE MARKET SEGMENTATION 25
FIGURE 2 HYDROGEN VALVE MARKET: RESEARCH DESIGN 28
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE FROM HYDROGEN VALVE MARKET 34
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 35
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 36
FIGURE 6 MARKET BREAKDOWN AND DATA TRIANGULATION 37
FIGURE 7 ASSUMPTIONS FOR RESEARCH STUDY 38
FIGURE 8 BALL VALVES SEGMENT TO CAPTURE LARGEST SHARE IN 2024 39
FIGURE 9 STAINLESS STEEL TO DOMINATE HYDROGEN VALVE MARKET, BY MATERIAL, 2023 40
FIGURE 10 >350–700 BAR TO HOLD LARGEST MARKET SHARE BY 2030 40
FIGURE 11 <1" HYDROGEN VALES TO CAPTURE LARGEST MARKET SHARE IN 2024 41
FIGURE 12 NEW INSTALLATION SEGMENT TO COMMAND HYDROGEN VALVE MARKET BY 2030 41
FIGURE 13 HYDROGEN STORAGE TO LEAD MARKET DURING FORECAST PERIOD 42
FIGURE 14 OIL & GAS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 42
FIGURE 15 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 43
FIGURE 16 EXPANSION OF OIL & GAS INDUSTRY TO CREATE LUCRATIVE OPPORTUNITIES FOR ASIA PACIFIC HYDROGEN VALVE MARKET 44
FIGURE 17 BALL VALVES SEGMENT TO COMMAND HYDROGEN VALVE MARKET IN 2023 44
FIGURE 18 STAINLESS STEEL SEGMENT TO CAPTURE MAJORITY OF HYDROGEN VALVE MARKET BY 2030 45
FIGURE 19 NEW INSTALLATION SEGMENT TO COMMAND MARKET SHARE DURING FORECAST PERIOD 45
FIGURE 20 HYDROGEN STORAGE TO DOMINATE MARKET IN 2024 46
FIGURE 21 OIL & GAS SEGMENT TO HOLD LARGEST MARKET SHARE 46
FIGURE 22 HYDROGEN STORAGE AND CHINA – MAJOR SEGMENTS IN ASIA PACIFIC MARKET 47
FIGURE 23 SOUTH KOREA TO RECORD HIGHEST CAGR IN HYDROGEN VALVE MARKET FROM 2024 TO 2030 48
FIGURE 24 HYDROGEN VALVE MARKET DYNAMICS 49
FIGURE 25 DRIVERS FOR HYDROGEN VALVE MARKET AND THEIR IMPACT 51
FIGURE 26 RESTRAINTS FOR HYDROGEN VALVE MARKET AND THEIR IMPACT 52
FIGURE 27 OPPORTUNITIES FOR HYDROGEN VALVE MARKET AND THEIR IMPACT 53
FIGURE 28 CHALLENGES FOR HYDROGEN VALVE MARKET AND THEIR IMPACT 54
FIGURE 29 HYDROGEN VALVE: VALUE CHAIN ANALYSIS 54
FIGURE 30 HYDROGEN VALVE MARKET: ECOSYSTEM 56
FIGURE 31 HYDROGEN VALVE COMPANIES: FUNDING 58
FIGURE 32 AVERAGE SELLING PRICE TREND (USD) 58
FIGURE 33 AVERAGE SELLING PRICE OF HYDROGEN VALVE TYPES OFFERED BY KEY PLAYERS 59
FIGURE 34 TRENDS/DISRUPTION IMPACTING CUSTOMER BUSINESS 60
FIGURE 35 HYDROGEN VALVE MARKET: PORTER’S FIVE FORCES ANALYSIS 61
FIGURE 36 INFLUENCE OF STAKEHOLDERS FROM TOP THREE END-USE INDUSTRIES ON BUYING PROCESS 66
FIGURE 37 BUYING CRITERIA OF TOP THREE END-USE INDUSTRIES 67
FIGURE 38 IMPORT DATA FOR HS CODE 848110, BY KEY COUNTRY, 2019–2023 (USD MILLION) 68
FIGURE 39 EXPORT DATA FOR HS CODE 8536, BY KEY COUNTRY, 2019–2023 (USD MILLION) 69
FIGURE 40 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 69
FIGURE 41 PATENT ANALYSIS RELATED TO HYDROGEN VALVE MARKET 70
FIGURE 42 AI USE CASE IN VALVE INDUSTRY 79
FIGURE 43 IMPACT OF AI ON HYDROGEN VALVE MARKET: USE CASE 79
FIGURE 44 HYDROGEN VALVE MARKET, BY TYPE 82
FIGURE 45 BALL VALVES TO DOMINATE HYDROGEN VALVE MARKET DURING 2024–2030 83
FIGURE 46 HYDROGEN VALVE MARKET, BY MATERIAL 96
FIGURE 47 STAINLESS STEEL HYDROGEN VALVES TO HOLD LARGEST MARKET SIZE BY 2030 97
FIGURE 48 HYDROGEN VALVE MARKET, BY PRESSURE RANGE 101
FIGURE 49 >350–750 BAR SEGMENT EXPECTED TO HOLD LARGEST MARKET SIZE BY 2030 102
FIGURE 50 HYDROGEN VALVE MARKET, BY SIZE 109
FIGURE 51 HYDROGEN VALVES SIZED BELOW 1" EXPECTED TO HOLD LARGEST MARKET SIZE BY 2030 110
FIGURE 52 HYDROGEN VALVE MARKET, BY IMPLEMENTATION 117
FIGURE 53 NEW INSTALLATION SEGMENT EXPECTED TO HOLD LARGEST MARKET
SIZE BY 2030 118
FIGURE 54 HYDROGEN VALVE MARKET, BY APPLICATION 121
FIGURE 55 HYDROGEN STORAGE TO HOLD LARGEST SHARE IN MARKET DURING FORECAST PERIOD 121
FIGURE 56 HYDROGEN VALVE MARKET, BY HYDROGEN PRODUCTION TYPE 125
FIGURE 57 GREY HYDROGEN TO COMMAND HYDROGEN PRODUCTION MARKET 126
FIGURE 58 HYDROGEN VALVE MARKET, BY END-USE INDUSTRY 137
FIGURE 59 OIL & GAS TO CONTINUE TO DOMINATE HYDROGEN VALVE MARKET DURING FORECAST PERIOD 138
FIGURE 60 HYDROGEN VALVE MARKET, BY REGION 151
FIGURE 61 HYDROGEN VALVE MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2024 TO 2030 152
FIGURE 62 NORTH AMERICA: HYDROGEN VALVE MARKET SNAPSHOT 154
FIGURE 63 EUROPE: HYDROGEN VALVE MARKET SNAPSHOT 158
FIGURE 64 ASIA PACIFIC: HYDROGEN VALVE MARKET SNAPSHOT 162
FIGURE 65 REST OF THE WORLD: HYDROGEN VALVE MARKET SNAPSHOT 167
FIGURE 66 HYDROGEN VALVE MARKET: REVENUE ANALYSIS 172
FIGURE 67 HYDROGEN VALVE MARKET SHARE ANALYSIS, 2023 173
FIGURE 68 HYDROGEN VALVE MARKET: COMPANY VALUATION, 2023 (USD MILLION) 175
FIGURE 69 HYDROGEN VALVE MARKET: FINANCIAL METRICS (EV/EBITDA), 2023 175
FIGURE 70 BRAND/PRODUCT COMPARISON 176
FIGURE 71 HYDROGEN VALVE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 178
FIGURE 72 HYDROGEN VALVE MARKET: COMPANY FOOTPRINT 179
FIGURE 73 HYDROGEN VALVE MARKET: COMPANY EVALUATION MATRIX (SMES), 2023 182
FIGURE 74 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 189
FIGURE 75 SLB: COMPANY SNAPSHOT 193
FIGURE 76 VALMET: COMPANY SNAPSHOT 196
FIGURE 77 IMI: COMPANY SNAPSHOT 199
FIGURE 78 CRANE COMPANY: COMPANY SNAPSHOT 202
FIGURE 79 PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT 205
FIGURE 80 BAKER HUGHES COMPANY: COMPANY SNAPSHOT 208
FIGURE 81 WESTPORT FUEL SYSTEMS INC.: COMPANY SNAPSHOT 210
FIGURE 82 KITZ CORPORATION: COMPANY SNAPSHOT 213

List of Tables

TABLE 1 HYDROGEN VALVE: RISK ASSESSMENT 38
TABLE 2 ROLE OF PLAYERS IN ECOSYSTEM 56
TABLE 3 AVERAGE SELLING PRICE OF HYDROGEN VALVE TYPES PROVIDED
BY KEY PLAYERS (USD) 59
TABLE 4 AVERAGE SELLING PRICE OF HYDROGEN VALVES, BY REGION (USD) 60
TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON HYDROGEN VALVE MARKET 62
TABLE 6 INFLUENCE OF STAKEHOLDERS FROM TOP THREE END-USE INDUSTRIES ON BUYING HYDROGEN VALVE SYSTEMS 66
TABLE 7 KEY BUYING CRITERIA OF TOP THREE END-USE INDUSTRIES 67
TABLE 8 HYDROGEN VALVE MARKET: KEY PATENTS 71
TABLE 9 HYDROGEN VALVE MARKET: KEY CONFERENCES AND EVENTS, 2024–2025 73
TABLE 10 TARIFF FOR HS CODE 848110: PRESSURE-REDUCING VALVES 74
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 14 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 15 STANDARDS FOLLOWED BY MANUFACTURERS OF HYDROGEN VALVES 77
TABLE 16 HYDROGEN VALVE MARKET, BY TYPE, 2021–2023 (USD MILLION) 83
TABLE 17 HYDROGEN VALVE MARKET, BY TYPE, 2024–2030 (USD MILLION) 84
TABLE 18 HYDROGEN BALL VALVE MARKET, BY END-USE INDUSTRY 2021–2023 (USD MILLION) 85
TABLE 19 HYDROGEN BALL VALVE MARKET, BY END-USE INDUSTRY 2024–2030 (USD MILLION) 85
TABLE 20 HYDROGEN NEEDLE VALVE MARKET, BY END-USE INDUSTRY 2021–2023 (USD MILLION) 86
TABLE 21 HYDROGEN NEEDLE VALVE MARKET, BY END-USE INDUSTRY 2024–2030 (USD MILLION) 87
TABLE 22 HYDROGEN CHECK VALVE MARKET, BY END-USE INDUSTRY 2021–2023 (USD MILLION) 88
TABLE 23 HYDROGEN CHECK VALVE MARKET, BY END-USE INDUSTRY 2024–2030 (USD MILLION) 88
TABLE 24 HYDROGEN PRESSURE RELIEF VALVE MARKET, BY END-USE INDUSTRY 2021–2023 (USD MILLION) 89
TABLE 25 HYDROGEN PRESSURE RELIEF VALVE MARKET, BY END-USE INDUSTRY 2024–2030 (USD MILLION) 89
TABLE 26 HYDROGEN GLOBE VALVE MARKET, BY END-USE INDUSTRY 2021–2023 (USD MILLION) 90
TABLE 27 HYDROGEN GLOBE VALVE MARKET, BY END-USE INDUSTRY 2024–2030 (USD MILLION) 91
TABLE 28 HYDROGEN FLOW CONTROL VALVE MARKET, BY END-USE INDUSTRY 2021–2023 (USD MILLION) 92
TABLE 29 HYDROGEN FLOW CONTROL VALVE MARKET, BY END-USE INDUSTRY 2024–2030 (USD MILLION) 92
TABLE 30 OTHER HYDROGEN VALVES MARKET, BY END-USE INDUSTRY 2021–2023 (USD MILLION) 93
TABLE 31 OTHER HYDROGEN VALVES MARKET, BY END-USE INDUSTRY 2024–2030 (USD MILLION) 94
TABLE 32 HYDROGEN VALVE MARKET, BY MATERIAL, 2021–2023 (USD MILLION) 97
TABLE 33 HYDROGEN VALVE MARKET, BY MATERIAL, 2024–2030 (USD MILLION) 97
TABLE 34 HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION) 102
TABLE 35 HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION) 102
TABLE 36 <50 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 103
TABLE 37 <50 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 103
TABLE 38 >50–350 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 104
TABLE 39 >50–350 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 104
TABLE 40 > 350–700 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 105
TABLE 41 >350–700 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 105
TABLE 42 >700–1,000 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 106
TABLE 43 >700–1,000 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 106
TABLE 44 >1,000 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 107
TABLE 45 >1,000 BAR: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 107
TABLE 46 HYDROGEN VALVE MARKET, BY SIZE, 2021–2023 (USD MILLION) 110
TABLE 47 HYDROGEN VALVE MARKET, BY SIZE, 2024–2030 (USD MILLION) 110
TABLE 48 <1”: HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 111
TABLE 49 <1”: HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 111
TABLE 50 >1"–6": HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 112
TABLE 51 >1"–6": HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 112
TABLE 52 >6"–12": HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 113
TABLE 53 6"–12": HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 113
TABLE 54 >12"–20": HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 114
TABLE 55 >12"–20": HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 114
TABLE 56 >20”: HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 115
TABLE 57 >20”: HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 115
TABLE 58 HYDROGEN VALVE MARKET, BY IMPLEMENTATION, 2021–2023 (USD MILLION) 118
TABLE 59 HYDROGEN VALVE MARKET, BY IMPLEMENTATION, 2024–2030 (USD MILLION) 118
TABLE 60 HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 122
TABLE 61 HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 122
TABLE 62 HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (THOUSAND UNITS) 122
TABLE 63 HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (THOUSAND UNITS) 123
TABLE 64 HYDROGEN PRODUCTION: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION) 124
TABLE 65 HYDROGEN PRODUCTION: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION) 124
TABLE 66 HYDROGEN PRODUCTION: HYDROGEN VALVE MARKET, BY SIZE 2021–2023 (USD MILLION) 124
TABLE 67 HYDROGEN PRODUCTION: HYDROGEN VALVE MARKET, BY SIZE 2024–2030 (USD MILLION) 125
TABLE 68 HYDROGEN FUEL CELLS: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION) 127
TABLE 69 HYDROGEN FUEL CELLS: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION) 127
TABLE 70 HYDROGEN FUEL CELLS: HYDROGEN VALVE MARKET, BY SIZE 2021–2023 (USD MILLION) 128
TABLE 71 HYDROGEN FUEL CELLS: HYDROGEN VALVE MARKET, BY SIZE 2024–2030 (USD MILLION) 128
TABLE 72 HYDROGEN FUELING STATIONS: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION) 130
TABLE 73 HYDROGEN FUELING STATIONS: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION) 130
TABLE 74 HYDROGEN FUELING STATIONS: HYDROGEN VALVE MARKET, BY SIZE 2021–2023 (USD MILLION) 130
TABLE 75 HYDROGEN FUELING STATIONS: HYDROGEN VALVE MARKET, BY SIZE 2024–2030 (USD MILLION) 131
TABLE 76 HYDROGEN TRANSPORTATION: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION) 132
TABLE 77 HYDROGEN TRANSPORTATION: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION) 132
TABLE 78 HYDROGEN TRANSPORTATION: HYDROGEN VALVE MARKET, BY SIZE 2021–2023 (USD MILLION) 132
TABLE 79 HYDROGEN TRANSPORTATION: HYDROGEN VALVE MARKET, BY SIZE 2024–2030 (USD MILLION) 133
TABLE 80 HYDROGEN STORAGE: HYDROGEN VALVE MARKET, BY PRESSURE RANGE 2021–2023 (USD MILLION) 134
TABLE 81 HYDROGEN STORAGE: HYDROGEN VALVE MARKET, BY PRESSURE RANGE 2024–2030 (USD MILLION) 134
TABLE 82 HYDROGEN STORAGE: HYDROGEN VALVE MARKET, BY SIZE 2021–2023 (USD MILLION) 134
TABLE 83 HYDROGEN STORAGE: HYDROGEN VALVE MARKET, BY SIZE 2024–2030 (USD MILLION) 135
TABLE 84 HYDROGEN VALVE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 138
TABLE 85 HYDROGEN VALVE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 139
TABLE 86 OIL & GAS: HYDROGEN VALVE MARKET, BY VALVE TYPE 2021–2023 (USD MILLION) 140
TABLE 87 OIL & GAS: HYDROGEN VALVE MARKET, BY VALVE TYPE 2024–2030 (USD MILLION) 140
TABLE 88 ENERGY & POWER: HYDROGEN VALVE MARKET, BY VALVE TYPE 2021–2023 (USD MILLION) 141
TABLE 89 ENERGY & POWER: HYDROGEN VALVE MARKET, BY VALVE TYPE 2024–2030 (USD MILLION) 141
TABLE 90 PHARMACEUTICAL: HYDROGEN VALVE MARKET, BY VALVE TYPE 2021–2023 (USD MILLION) 142
TABLE 91 PHARMACEUTICAL: HYDROGEN VALVE MARKET, BY VALVE TYPE 2024–2030 (USD MILLION) 142
TABLE 92 FOOD & BEVERAGES: HYDROGEN VALVE MARKET, BY VALVE TYPE 2021–2023 (USD MILLION) 143
TABLE 93 FOOD & BEVERAGES: HYDROGEN VALVE MARKET, BY VALVE TYPE 2024–2030 (USD MILLION) 144
TABLE 94 CHEMICAL: HYDROGEN VALVE MARKET, BY VALVE TYPE 2021–2023 (USD MILLION) 145
TABLE 95 CHEMICAL: HYDROGEN VALVE MARKET, BY VALVE TYPE 2024–2030 (USD MILLION) 145
TABLE 96 METALS & MINING: HYDROGEN VALVE MARKET, BY VALVE TYPE 2021–2023 (USD MILLION) 146
TABLE 97 METALS & MINING: HYDROGEN VALVE MARKET, BY VALVE TYPE 2024–2030 (USD MILLION) 146
TABLE 98 AUTOMOTIVE: HYDROGEN VALVE MARKET, BY VALVE TYPE 2021–2023 (USD MILLION) 147
TABLE 99 AUTOMOTIVE: HYDROGEN VALVE MARKET, BY VALVE TYPE 2024–2030 (USD MILLION) 148
TABLE 100 OTHER END-USE INDUSTRIES: HYDROGEN VALVE MARKET, BY VALVE TYPE 2021–2023 (USD MILLION) 149
TABLE 101 OTHER END-USE INDUSTRIES: HYDROGEN VALVE MARKET, BY VALVE TYPE 2024–2030 (USD MILLION) 149
TABLE 102 HYDROGEN VALVE MARKET, BY REGION, 2021–2023 (USD MILLION) 152
TABLE 103 HYDROGEN VALVE MARKET, BY REGION, 2024–2030 (USD MILLION) 152
TABLE 104 NORTH AMERICA: HYDROGEN VALVE MARKET, BY COUNTRY 2021–2023 (USD MILLION) 154
TABLE 105 NORTH AMERICA: HYDROGEN VALVE MARKET, BY COUNTRY 2024–2030 (USD MILLION) 155
TABLE 106 NORTH AMERICA: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 155
TABLE 107 NORTH AMERICA: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 155
TABLE 108 EUROPE: HYDROGEN VALVE MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 158
TABLE 109 EUROPE: HYDROGEN VALVE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 159
TABLE 110 EUROPE: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 159
TABLE 111 EUROPE: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 159
TABLE 112 ASIA PACIFIC: HYDROGEN VALVE MARKET, BY COUNTRY 2021–2023 (USD MILLION) 163
TABLE 113 ASIA PACIFIC: HYDROGEN VALVE MARKET, BY COUNTRY 2024–2030 (USD MILLION) 163
TABLE 114 ASIA PACIFIC: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 163
TABLE 115 ASIA PACIFIC: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 164
TABLE 116 REST OF THE WORLD: HYDROGEN VALVE MARKET, BY REGION 2021–2023 (USD MILLION) 167
TABLE 117 REST OF THE WORLD: HYDROGEN VALVE MARKET, BY REGION 2024–2030 (USD MILLION) 167
TABLE 118 MIDDLE EAST: HYDROGEN VALVE MARKET, REGION, 2021–2023 (USD MILLION) 168
TABLE 119 MIDDLE EAST: HYDROGEN VALVE MARKET, BY REGION 2024–2030 (USD MILLION) 168
TABLE 120 REST OF THE WORLD: HYDROGEN VALVE MARKET, BY APPLICATION 2021–2023 (USD MILLION) 168
TABLE 121 REST OF THE WORLD: HYDROGEN VALVE MARKET, BY APPLICATION 2024–2030 (USD MILLION) 168
TABLE 122 KEY DEVELOPMENTS IN HYDROGEN VALVE MARKET, 2023–2024 170
TABLE 123 HYDROGEN VALVE MARKET: DEGREE OF COMPETITION 173
TABLE 124 HYDROGEN VALVE MARKET: TYPE FOOTPRINT 179
TABLE 125 HYDROGEN VALVE MARKET: END-USE INDUSTRY FOOTPRINT 180
TABLE 126 HYDROGEN VALVE MARKET: REGION FOOTPRINT 180
TABLE 127 HYDROGEN VALVE MARKET: KEY STARTUPS 183
TABLE 128 HYDROGEN VALVE MARKET: COMPETITIVE BENCHMARKING OF KEY SMES 184
TABLE 129 HYDROGEN VALVE MARKET: PRODUCT LAUNCHES, 2022–2024 185
TABLE 130 HYDROGEN VALVE MARKET: EXPANSIONS, 2022–2024 186
TABLE 131 HYDROGEN VALVE MARKET: DEALS, 2022–2024 186
TABLE 132 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 188
TABLE 133 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 189
TABLE 134 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES 190
TABLE 135 EMERSON ELECTRIC CO.: DEALS 190
TABLE 136 SLB: COMPANY OVERVIEW 192
TABLE 137 SLB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
TABLE 138 VALMET: COMPANY OVERVIEW 195
TABLE 139 VALMET: PRODUCTS/SOLUTIONS/SERVICES OFFERED 196
TABLE 140 VALMET: PRODUCT LAUNCHES 197
TABLE 141 IMI: COMPANY OVERVIEW 198
TABLE 142 IMI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 199
TABLE 143 CRANE COMPANY: COMPANY OVERVIEW 201
TABLE 144 CRANE COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 202
TABLE 145 CRANE COMPANY: DEALS 203
TABLE 146 PARKER HANNIFIN CORP: COMPANY OVERVIEW 204
TABLE 147 PARKER HANNIFIN CORP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 205
TABLE 148 PARKER HANNIFIN CORPORATION: PRODUCT LAUNCHES 206
TABLE 149 BAKER HUGHES COMPANY: COMPANY OVERVIEW 207
TABLE 150 BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 208
TABLE 151 WESTPORT FUEL SYSTEMS INC.: COMPANY OVERVIEW 209
TABLE 152 WESTPORT FUEL SYSTEMS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210
TABLE 153 WESTPORT FUEL SYSTEMS INC.: EXPANSIONS 211
TABLE 154 KITZ CORPORATION: BUSINESS OVERVIEW 212
TABLE 155 KITZ CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 156 SWAGELOK COMPANY: COMPANY OVERVIEW 214
TABLE 157 SWAGELOK COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 214
TABLE 158 SWAGELOK COMPANY: EXPANSIONS 215
TABLE 159 BALL VALVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 225
TABLE 160 BALL VALVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 226