Hydrogen Fueling Station Market Research Report—Global Forecast till 2032

Hydrogen Fueling Station Market Research Report Information By Station Size (Small Stations, Mid-sized Stations, and Large Stations), By Supply Type (Off-site and On-site), By Pressure (High Pressure and Low Pressure), By Station Type (Fixed Hydrogen Stations and Mobile Hydrogen Stations), By Solution (Engineering Procurement and Construction (EPC) and Components), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Market Forecast Till 2032

ID: MRFR/E&P/10239-HCR | 128 Pages | Author: Priya Nagrale | March 2024         

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Global Hydrogen Fueling Station Market Overview


Hydrogen Fueling Station Market Size was valued at USD 0.32 Billion in 2022. The Hydrogen Fueling Station market is projected to grow from USD 0.38 Billion in 2023 to USD 1.35 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 17.30% during the forecast period (2023 - 2032). In order to promote the use of hydrogen fuel cell vehicles and to meet the growing demand for zero-emission vehicles, the government has implemented policies and laws, are the key market drivers enhancing the market growth.


Hydrogen Fueling Station Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Hydrogen Fueling Station Market Trends




  • Increasing demand for zero-emission vehicles is driving the market growth




The primary drivers of the growth of the hydrogen fueling station market are the increased demand for zero-emission vehicles as well as government initiatives and legislation designed to promote the adoption of hydrogen fuel cell vehicles. As more countries set goals to reduce their carbon emissions and improve air quality, interest in fuel cell vehicles as possible alternatives to petrol and diesel cars is growing. Customers and legislators alike like vehicles fueled by hydrogen fuel cells since they emit only water and don't create harmful air pollution. Government initiatives including tax incentives, subsidies, and rules that promote the use of zero-emission vehicles are growing the market for hydrogen filling stations. For instance, the adoption of hydrogen fuel cell vehicles is a high objective for countries like Japan, South Korea, Germany, and the United States, and these countries are investing heavily in the development of hydrogen infrastructure.


Governments all over the world are planning hundreds of hydrogen facilities. Based on their anticipated efforts, the major Asian, European, and North American markets might soon host 1,000 hydrogen stations that could accommodate 1 million to 2 million fuel cell vehicles. More than 15% of the world's greenhouse gas emissions come from the transport sector. Governments all around the world are as a result seeking for alternative energy sources to use in the transportation sector. Fuel cell vehicles (FCVs), which emit no CO2 while being driven, are anticipated to gain popularity in the upcoming years. As a result, many automakers are attempting to increase the number of fuel cell cars in their lineupThe EV30@30 global project aims to have at least 30% of new electric vehicles operating globally by the year 2030. The usage of electric vehicles is growing in a number of nations, including Canada, Finland, France, Japan, Mexico, the Netherlands, Norway, Sweden, and India, in order to achieve this goal. This change and modernization will soon drive the market for hydrogen filling stations. Thus, driving the Hydrogen Fueling Station market revenue.


Hydrogen Fueling Station Market Segment Insights:


Hydrogen Fueling Station: Station Size Insights


The Hydrogen Fueling Station Market segmentation, based on Station Size, includes small stations, mid-sized stations, and large stations. In 2022, the small stations category dominated the world market. As more public and private fuel cell vehicles are fueled, there is a rising demand for hydrogen. Operators need more space to recharge fuel cell cars, therefore tiny hydrogen stations are growing into medium-sized hydrogen stations.


Hydrogen Fueling Station Supply Type Insights


The Hydrogen Fueling Station Market segmentation, based on Supply Type, includes off-site and on-site. Off-site category is currently the largest segment. The transition to clean and environmentally friendly fuels is being spearheaded by governments worldwide, and this is being made possible by the off-site production of hydrogen. Rising investments in environmentally friendly hydrogen projects and a preference for zero-carbon fuel to power fuel cell vehicles are both responsible for the expansion of the off-site market.


Hydrogen Fueling Station Pressure Insights


The Hydrogen Fueling Station Market segmentation, based on Pressure, includes high pressure and low pressure. High pressure category account for a sizable portion of the global market. This is because hydrogen can be easily refilled in automobiles. Additionally, hydrogen stations with high pressure can serve more customers in less time.


Hydrogen Fueling Station: Station Type Insights


The Hydrogen Fueling Station Market segmentation, based on Station Type, includes fixed hydrogen stations and mobile hydrogen stations. In 2022, the category of fixed hydrogen stations dominated the world market. Increased deployment of hydrogen filling stations and increased application of safety regulations by governments of various nations are both factors contributing to the expansion of stationary hydrogen stations.


Hydrogen Fueling Station Solution Insights


The Hydrogen Fueling Station Market segmentation, based on Solution, includes Engineering Procurement and Construction (EPC) and components. Throughout the projected period, the components segment is anticipated to be the largest. Infrastructure for hydrogen fuelling stations must include components. Compression-based hydrogen supply and storage are projected to promote the expansion of the components market.


Figure 1: Hydrogen Fueling Station Market, by Solution, 2022 & 2032 (USD Billion)


Hydrogen Fueling Station Market, by Solution, 2022 & 2032 (USD Billion)


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Hydrogen Fueling Station Regional Insights


By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific Hydrogen Fueling Station market dominated this market in 2022 (45.80%). A number of nations in the Asia Pacific are developing electrolyzer-based hydrogen filling stations on a large scale or planning trial projects for the technology. As a result, there have been more investments made in pilot projects, feasibility studies, and new hydrogen fueling station deployments around the Asia Pacific, particularly in South Korea and Japan. The market for hydrogen fuelling stations in the area is anticipated to increase as a result of these factors. Moreover, China’s Hydrogen Fueling Station market held the largest market share, and the Indian Hydrogen Fueling Station market was the fastest growing market in the Asia-Pacific region.


Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: Hydrogen Fueling Station Market Share By Region 2022 (USD Billion)


Hydrogen Fueling Station Market Share By Region 2022 (USD Billion)


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Europe Hydrogen Fueling Station market accounts for the healthy market share. The decarbonization of bus fleets, national renewable energy objectives, and EU carbon reduction initiatives are some of the major drivers of market expansion in the area. Additionally, a number of regional organisations are making large investments to encourage consumers to use hydrogen fuel. Further, the German Hydrogen Fueling Station market held the largest market share, and the U.K Hydrogen Fueling Station market was the fastest growing market in the European region


The North America Hydrogen Fueling Station Market is expected to register significant growth from 2023 to 2032. Tax advantage laws, the presence of diverse sized businesses, technological improvements, and committed R&D projects all favour North America. Additionally, thanks to favourable laws, countries like the U.S. and Canada have seen a significant rise in the number of HRS with the development of new facilities. Further, the U.S. Hydrogen Fueling Station market held the largest market share, and the Canada Hydrogen Fueling Station market was the fastest growing market in the North America region.


Hydrogen Fueling Station Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Hydrogen Fueling Station market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Hydrogen Fueling Station industry must offer cost-effective items.


Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Hydrogen Fueling Station industry to benefit clients and increase the market sector. In recent years, the Hydrogen Fueling Station industry has offered some of the most significant advantages to medicine. Major players in the Hydrogen Fueling Station market, including Air Liquide, Air Products and Chemicals, Inc., Linde plc, Nel ASA, McPhy Energy S.A., Ingersoll Rand, Hydrogen Refueling Solutions, PERIC Hydrogen Technologies Co., Ltd, Chart Industries, Iwatani Corporation, Powertech Labs Inc., PDC Machines, sera GmbH, Hydrogenious LOHC Technologies, atawey, and Galileo Technologies S.A., H2 MOBILITY, NanoSUN Limited, Nikola Corporation, and Humble Hydrogen, are attempting to increase market demand by investing in research and development operations.


Operating as a hydrogen firm is Nel ASA (Nel), formerly known as DiaGenic ASA. It produces, supplies, and distributes hydrogen technology using renewable energy for commercial and energy needs. Water electrolyzers, hydrogen generators, and hydrogen fueling machinery are among the company's offerings. Nel offers solutions for renewable energy storage as well as hydrogen fueling stations for vehicles. In December 2022, Nel ASA and a US-based energy firm inked a contract for the provision of 16 hydrogen filling stations through its subsidiary Nel Hydrogen Inc.


Equipment for the production and distribution of hydrogen is designed, produced, and distributed by McPhy Energy SA (McPhy). The business is involved in the design and manufacture of hydrogen stations and high-pressure alkaline electrolyzers. Additionally, it handles the engineering, project management, commissioning, and after-sales support of modular and scalable systems. The innovative "Augmented McFilling" hydrogen fuelling station, designed specifically for heavy-duty vehicles, was introduced by McPhy Energy S.A. in April 2019.


Key Companies in the Hydrogen Fueling Station market include



  • Air Liquide

  • Air Products and Chemicals, Inc.

  • Linde plc

  • Nel ASA

  • McPhy Energy S.A.

  • Ingersoll Rand

  • Hydrogen Refueling Solutions

  • PERIC Hydrogen Technologies Co.

  • Ltd, Chart Industries

  • Iwatani Corporation

  • Powertech Labs Inc.

  • PDC Machines

  • Sera GmbH

  • Hydrogenious LOHC Technologies

  • atawey, and Galileo Technologies S.A.

  • H2 MOBILITY

  • NanoSUN Limited

  • Nikola Corporation

  • Humble Hydrogen


Hydrogen Fueling Station Industry Developments


February 2023: A joint company with equal ownership between Air Liquide and Total Energies will be established to build out a network of hydrogen fueling stations. This programme will assist in easing access to hydrogen, facilitating the growth of its usage in the transportation of commodities, and bolstering the hydrogen industry.


October 2022: On the Clean Hydrogen and Road Transport Project (CH2aRT) project, Air Products and Chemicals, Inc., Schenk Tanktransport, and TNO worked together to create hydrogen vehicles and a public hydrogen refuelling station.


Hydrogen Fueling Station Market Segmentation


H2 Fueling Station Station Size Outlook



  • Small Stations

  • Mid-sized Stations

  • Large Stations


Hydrogen Fueling Station Supply Type Outlook



  • Off-site

  • On-site


Hydrogen Fueling Station Pressure Outlook



  • High Pressure

  • Low Pressure


Hydrogen Fueling Station Station Type Outlook



  • Fixed Hydrogen Stations

  • Mobile Hydrogen Stations


Hydrogen Fueling Station Solution Outlook



  • Engineering Procurement and Construction (EPC)

  • Components


Hydrogen Fueling Station Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 0.32 Billion
Market Size 2023 USD 0.38 Billion
Market Size 2032 USD 1.35 Billion
Compound Annual Growth Rate (CAGR) 17.30% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Station Size, Supply Type, Pressure, Station Type, Solution, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Air Liquide, Air Products and Chemicals, Inc., Linde plc, Nel ASA, McPhy Energy S.A., Ingersoll Rand, Hydrogen Refueling Solutions, PERIC Hydrogen Technologies Co., Ltd, Chart Industries, Iwatani Corporation, Powertech Labs Inc., PDC Machines, sera GmbH, Hydrogenious LOHC Technologies, atawey, and Galileo Technologies S.A., H2 MOBILITY, NanoSUN Limited, Nikola Corporation, and Humble Hydrogen
Key Market Opportunities Government initiatives to deploy hydrogen deployment
Key Market Dynamics Increasing demand for zero-emission vehicles and government initiatives and policies aimed at promoting the adoption of hydrogen fuel cell vehicles




Frequently Asked Questions (FAQ) :

The Hydrogen Fueling Station Market size was valued at USD 0.32 Billion in 2022.

The global Hydrogen Fueling Station market is projected to grow at a CAGR of 17.30% during the forecast period, 2023-2032.

Asia Pacific had the largest share in the global market

The key players in the Hydrogen Fuel Stations market are Air Liquide, Air Products and Chemicals, Inc., Linde plc, Nel ASA, McPhy Energy S.A., Ingersoll Rand, Hydrogen Refueling Solutions, PERIC Hydrogen Technologies Co., Ltd, Chart Industries, Iwatani Corporation, Powertech Labs Inc., PDC Machines, sera GmbH, Hydrogenious LOHC Technologies, atawey, and Galileo Technologies S.A., H2 MOBILITY, NanoSUN Limited, Nikola Corporation, and Humble Hydrogen

The Small Stations, Station Size segment dominated the market in 2022.

The Off-site Supply Type had the largest share in the global market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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