The power industry continues to be a hotbed of patent innovation. Activity is driven by an increasing need for long-term sustainability, reducing capital and operating expenses, and transitioning towards low-emission fuels, and growing importance of technologies such as hydrogen (H2) storage, fuel cells, green hydrogen and carbon capture. In the last three years alone, there have been over 656,000 patents filed and granted in the power industry, according to GlobalData’s report on Hydrogen in power: H2 storage pressure vessels. Buy the report here.
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According to GlobalData’s Technology Foresights, which uses over 70,000 patents to analyze innovation intensity for the power industry, there are 40+ innovation areas that will shape the future of the industry.
H2 storage pressure vessels is a key innovation area in hydrogen
H2 storage pressure vessels are metal or composite tanks used to store, transport, and use hydrogen as an energy source in a variety of applications such as fuel cell vehicles and hydrogen power production systems. These vessels are outfitted with safety safeguards to ensure that the pressurized hydrogen is handled and contained properly.
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GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 50+ companies, spanning technology vendors, established power companies, and up-and-coming start-ups engaged in the development and application of H2 storage pressure vessels.
Key players in H2 storage pressure vessels – a disruptive innovation in the power industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to H2 storage pressure vessels
| Company | Total patents (2010 - 2022) | Premium intelligence on the world's largest companies |
| Toyota Motor Corp | 207 | Unlock Company Profile |
| Honda Motor Co Ltd | 81 | Unlock Company Profile |
| Hyundai Motor Co | 67 | Unlock Company Profile |
| General Motors Co | 52 | Unlock Company Profile |
| Kia Corp | 50 | Unlock Company Profile |
| Robert Bosch Stiftung GmbH | 44 | Unlock Company Profile |
| Kobe Steel Ltd | 41 | Unlock Company Profile |
| NACCO Materials Handling Group | 23 | Unlock Company Profile |
| Porsche Automobil Holding SE | 20 | Unlock Company Profile |
| Encite LLC | 20 | Unlock Company Profile |
| Bayerische Motoren Werke AG | 16 | Unlock Company Profile |
| Meditor European Master Fund Limited | 14 | Unlock Company Profile |
| Shinwa Controls Co Ltd | 13 | Unlock Company Profile |
| Universal Hydrogen Co | 13 | Unlock Company Profile |
| TATSUNO Corporation | 12 | Unlock Company Profile |
| Argo Gmbh | 9 | Unlock Company Profile |
| Sazaby League, Ltd. | 8 | Unlock Company Profile |
| Toray Industries Inc | 8 | Unlock Company Profile |
| The Japan Steel Works Ltd | 8 | Unlock Company Profile |
| Rolls-Royce Holdings Plc | 8 | Unlock Company Profile |
| REHAU Automotive SE & Co. KG | 8 | Unlock Company Profile |
| CNH Industrial NV | 7 | Unlock Company Profile |
| BayoTech Inc | 6 | Unlock Company Profile |
| Nikola Corp | 6 | Unlock Company Profile |
| JTEKT Corp | 6 | Unlock Company Profile |
| HPS Home Power Solutions GmbH | 5 | Unlock Company Profile |
| Zeon Corp | 5 | Unlock Company Profile |
| Mercedes-Benz Group AG | 5 | Unlock Company Profile |
| Kabushiki Kaisha Fujikin | 4 | Unlock Company Profile |
| Deutsches Zentrum fur Luft- und Raumfahrt eV | 4 | Unlock Company Profile |
| H2 Clipper, Inc. | 4 | Unlock Company Profile |
| Quantum Fuel Systems LLC | 4 | Unlock Company Profile |
| Resonac Holdings Corp | 3 | Unlock Company Profile |
| Robert Bosch NV | 3 | Unlock Company Profile |
| ENEOS Holdings Inc | 3 | Unlock Company Profile |
| Hyundai Mobis Co Ltd | 3 | Unlock Company Profile |
| Ford Motor Co | 2 | Unlock Company Profile |
| Iwatani Corp | 2 | Unlock Company Profile |
| Fujikin Incorporated | 2 | Unlock Company Profile |
| OMB Saleri S.P.A. | 1 | Unlock Company Profile |
| Beijing SinoHytec Co Ltd | 1 | Unlock Company Profile |
| Hangzhou Power Supply Company State Grid Zhejiang Electric Power Co Ltd | 1 | Unlock Company Profile |
| Faurecia SA | 1 | Unlock Company Profile |
| Lockheed Martin Corp | 1 | Unlock Company Profile |
| Cummins Inc | 1 | Unlock Company Profile |
| Hyster-Yale Materials Handling Inc | 1 | Unlock Company Profile |
| Changs Ascending Enterprise Co Ltd | 1 | Unlock Company Profile |
| Linde plc | 1 | Unlock Company Profile |
| Arkema SA | 1 | Unlock Company Profile |
| ICR Turbine Engine Corporation | 1 | Unlock Company Profile |
Source: GlobalData Patent Analytics
Toyota Motor is one of the leading patent filers in H2 storage pressure vessels. In March 2022, Toyota Motor announced that it developed a hydrogen storage module that integrates multiple resin high-pressure hydrogen tanks at 70 MPa for automobiles. Some other key patent filers in the space include Honda Motor, Hyundai Motor, and General Motors.
In terms of application diversity, Arkema leads the pack, while H2 Clipper and Toray Industries stood in the second and third positions, respectively. By means of geographic reach, Encite held the top position, followed by Shinwa Controls and NACCO Materials Handling Group.
To further understand the key themes and technologies disrupting the power industry, access GlobalData’s latest thematic research report on Hydrogen in Power.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
