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Asia Pacific Hydrogen Refueling Station Market Trends

Report ID: GMI6759
Published Date: Sep 2023
Report Format: PDF

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Asia Pacific Hydrogen Refueling Station Market Trends

These stations typically receive hydrogen from various sources, including electrolysis or steam methane reforming, and store it for on-demand dispensing to the FCVs. These stations play a critical role in supporting the adoption of hydrogen-powered vehicles by providing a convenient and efficient means of refueling. Furthermore, increasing investments in refueling & storage and development infrastructure would support in increasing the cost competitiveness of carbon extensive hydrogen.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market valuation of hydrogen refueling station in Asia Pacific was exceeded USD 3.68 billion in 2023 and may reach over USD 16.8 billion by 2032, due to the influx of stringent government norms to curb the carbon emissions in the region.

Asia Pacific small size hydrogen refueling station market reached USD 1.9 billion in 2022, on the account of the rising demand for clean energy solution and increasing consumer awareness.

China hydrogen refueling station industry size will record more than 19.8% CAGR from 2023 to 2032, owing to the ongoing government efforts for the development of the hydrogen sector, including the HRS infrastructure.

Air Liquide, Air Products & Chemicals, Inc., Shell, China Petrochemical Corporation, Jakson Group, Plug Power Inc., Nel ASA, Linde plc, Iwatani Corporation, ENGIE, HyundaiHydrogenMobility AG, and Cummins Inc.