Hydrogen Fueling Station Market Size, Share, By Stations Type (Fixed Hydrogen Stations and Mobile Hydrogen Stations), Station Size (Small Stations, Mid-Sized Stations, and Large Stations), Supply Type (On-Site and Off-Site), End-Use (Marine, Railways, Commercial Vehicles, and Others), and Region - Trends, Analysis and Forecast till 2035
A hydrogen refueling station (HRS) is a facility that supplies hydrogen fuel to fuel cell vehicles, such as buses, trucks, passenger cars, and trains. Increasing demand for zero-emission vehicles, government inventiveness, and approaches aimed at encouraging the adoption of hydrogen fuel cell vehicles are circumstances whereupon market is expected to hike. In addition, growing engross in fuel cell vehicles, a growing commitment to decarbonize the transportation sector are some other facet arousing growth of the global market.
Key Benefits of Purchasing This Report
- Gain valuable insights into revenue projections for the overall market and its sub-segments, benefiting industry leaders and new entrants.
- Enhance your understanding of the competitive landscape to refine business positioning and optimize go-to-market strategies.
- Stay informed on the latest trends in the Hydrogen Fueling Station Market, including key drivers, challenges, opportunities, and barriers.
Hydrogen Fueling Station Market Report Highlights:
- Across 2035, the market is contemplated to expand at USD 5.6 Billion.
- Hydrogen fueling station market size was benefited at USD 0.8 Billion within 2024.
- Target market is bolstering at a CAGR 23.9%.
- North America is expected to dominate the market during the forecast period.
- Asia Pacific is considered to be the fastest growing region in the market during the projected period.
- The fixed hydrogen stations segment is leading the market under station type.
- By station size, the market is being dominated by the mid-sized stations segment.
- Based on supply type, the on-site element segment holds the largest market share.
- Under end-use, the commercial vehicle segment is dominating the market.
Hydrogen Fueling Station Market Key Highlights:
In December 2024, Clean Energy, the largest provider of the cleanest fuel for the transportation market in the U.S., has been awarded the contract to design and construct a new state-of-the-art hydrogen fueling station for Riverside Transit Agency (RTA) in California. The contract was won following a competitive solicitation and also includes the supply of hydrogen and maintenance services for the private access and purpose-built station located in Riverside.
In November 2024, China Petroleum & Chemical Corp, the world's largest refiner, also known as Sinopec, recently launched the first public hydrogen refueling station in the Hong Kong Special Administrative Region, a milestone in the region's push for cleaner energy alternatives.
Segmentation:
By Station Type:
- Fixed Hydrogen Stations
- Mobile Hydrogen Stations
By Station Size:
- Small Stations
- Mid-Sized Stations
- Large Stations
By Supply Type:
By End Use:
- Marine
- Railways
- Commercial Vehicles
By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Switzerland
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Hydrogen Fueling Station Market Competitive Landscape
- Nel
- MCPHY ENERGY S.A
- Linde PLC
- Air Products and Chemicals, Inc.
- Air Liquide Advanced Technologies
- Black & Veatch Corporation
- China Petrochemical Corporation
- ANGI ENERGY SYSTEMS, INC.
- Cummins Inc.
- FirstElement Fuel Inc.
- FuelCell Energy, Inc.
- H2energy AG
- ITM
- MAXIMATOR GMBH
Key Questions Answered in This Report
1. What was the size of the Hydrogen Fueling Station Market in 2024?
2. What is the expected growth rate of the Hydrogen Fueling Station Market during 2025-2035?
3. What are the key factors driving the Hydrogen Fueling Station Market?
4. What is the breakup of the Hydrogen Fueling Station Market based on the distribution channel?
5. What are the key regions in the Hydrogen Fueling Station Market?
6. Who are the key players/companies in the Hydrogen Fueling Station Market?
7. What are the drivers, restraints, and opportunities in the Hydrogen Fueling Station Market?