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Hydrogen Refueling Station Market Share

Report ID: GMI5678
Published Date: Nov 2024
Report Format: PDF

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Hydrogen Refueling Station Market Share

Hydrogen Refueling Station Company Market Share

The hydrogen refueling station industry is competitive and dynamic, with major players spanning energy companies, industrial gas firms, and automakers. Companies are actively investing in strategic initiatives and advancing their products and technologies to reshape the business landscape. Additionally, mergers and acquisitions, joint ventures, and plans for geographical expansion, particularly in emerging economies, are anticipated to enhance the growth prospects.

Hydrogen Refueling Station Market Companies

Eminent players operating in the hydrogen refueling station industry are:

Air Liquide
Air Products & Chemicals
Cummins
China Petrochemical Corporation
Calvera
Deutsche Bahn
ENGIE
Hydrogen Refueling Solutions
HyundaiHydrogenMobility
ITM Power
Iwatani Corporation
Linde
McPhy Energy
Nel ASA
Plug Power
Norwegian Hydrogen
Shell

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The global market for hydrogen refueling station was reached USD 7.3 billion in 2024 and is estimated to grow at a 16.2% CAGR from 2025 to 2034, driven by increasing investments in hydrogen station development.

The small station segment is projected to reach USD 7 billion by 2034, due to ongoing technological advancements that improve efficiency.

The commercial vehicles segment is anticipated to witness a CAGR of over 16% through 2034, supported by efforts to reduce carbon emissions.

The U.S. hydrogen refueling station market is expected to exceed USD 3.3 billion by 2034, led by initiatives to promote hydrogen deployment and a focus on decarbonizing the transportation sector.

Key players in the industry include Air Liquide, Air Products & Chemicals, Cummins, China Petrochemical Corporation, Calvera, Deutsche Bahn, ENGIE, Hydrogen Refueling Solutions, Hyundai Hydrogen Mobility, ITM Power, Iwatani Corporation, Linde, McPhy Energy, Nel ASA, Plug Power, Norwegian Hydrogen, and Shell.