Global Hydrogen Fueling Station Dispenser Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hydrogen Fueling Station Dispenser Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A dispenser is a device that dispenses fuel such as gasoline or compressed natural gas while measuring the amount dispensed. The Hydrogen Fueling Station Dispenser is designed to emulate traditional station dispensers. The hydrogen is dispensed via a nozzle controlled by a valve that regulates the flow rate of the gas to fill the vehicle to the required pressure in accordance with the fuelling protocol.

Market Overview:

The latest research study on the global Hydrogen Fueling Station Dispenser market finds that the global Hydrogen Fueling Station Dispenser market reached a value of USD 139.2 million in 2022. It’s expected that the market will achieve USD 503.82 million by 2028, exhibiting a CAGR of 23.91% during the forecast period.

Hydrogen has the potential to grow

In recent years, hydrogen has come to the forefront as an alternative, environmentally-friendly fuel. As an energy carrier, hydrogen provides many advantages versus other alternatives, particularly when used in a fuel cell. The fuel is used in hydrogen fuel cell passenger cars, buses, hydrogen fuel cell forklifts, hydrogen fuel cell aircraft and hydrogen fuel cell ships and other means of transportation. Therefore, the development potential of hydrogen energy will be an important factor driving the growth of the Hydrogen Fueling Station Dispenser market demand.

Increased number of Hydrogen Fueling Stations

The development of hydrogen fuel cells has greatly promoted the growth of the number of Hydrogen Fueling Stations in the world. Asia is currently the region with the largest number of Hydrogen Fueling Stations. In 2016, only 10 Hydrogen Fueling Stations were built in China. Subsequently, the construction of Hydrogen Fueling Station in China ushered in rapid development. As of the beginning of July 2022, China has built a total of 272 hydrogen refueling stations. With the policy support of governments for hydrogen energy development, the construction of Hydrogen Fueling Station is expected to continue to develop rapidly. The rapid growth of the Hydrogen Fueling Station market will drive the development of the Hydrogen Fueling Station Dispenser industry.

Region Overview:

In 2021, the share of the Hydrogen Fueling Station Dispenser market in China stood at 40.62%.

Company Overview:

The major players operating in the Hydrogen Fueling Station Dispenser market include FTI International, Shanghai Sunwise Energy Systems Co., Ltd., Houpu Clean Energy, Chart Industries, Jiangsu Guofu Hydrogen Energy Equipment Co, LTD., etc. Among which, FTI International ranked top in terms of sales and revenue in 2022.

FTI provides Oil & gas technologies and advanced products, including compressor systems and dispensing systems for compressed natural gas (CNG), compressed hydrogen, and liquefied natural gas (LNG), liquefied petroleum gas (LPG) and Gasoline.

Shanghai Sunwise Energy Systems Co., Ltd. is committed to becoming a leading domestic hydrogen system overall solution provider, key equipment provider and hydrogen energy supply ecosystem builder. Shanghai Sunwise Energy Systems Co., Ltd. masters the core technology of high-pressure hydrogen processing, and its business fields cover hydrogen energy, nuclear energy and distributed energy.

Segmentation Overview:

According to the working pressure of Hydrogen Fueling Station Dispenser, it can be divided into 35 MPa, 70 MPa and others. By type, 70 Mpa segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Small Hydrogen Fueling Station segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Hydrogen Fueling Station Dispenser market covered in Chapter 3:

Shanghai Hyfun Energy Technology Co., Ltd.
Tokico System Solutions
Jiangsu Guofu Hydrogen Energy Equipment Co, LTD.
Censtar
Air Products
Houpu Clean Energy
Haskel
Tatsuno Corporation
FTI International
Chart Industries
Shanghai Sunwise Energy Systems Co., Ltd.
Pure Energy Center
Nel ASA
Plug Power

In Chapter 4 and Chapter 14.2, on the basis of types, the Hydrogen Fueling Station Dispenser market from 2018 to 2029 is primarily split into:

35 Mpa
70 Mpa
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hydrogen Fueling Station Dispenser market from 2018 to 2029 covers:

Large Hydrogen Fueling Station
Small Hydrogen Fueling Station

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)