NEW YORK, Nov. 1, 2022 /PRNewswire/ -- The hydrogen fueling stations market size is expected to grow by USD 1.61 billion during 2021-2026, at a CAGR of 31.4% according to Technavio. The rising adoption of low-carbon technologies, rising demand for hydrogen-powered automobiles and government regulation will offer immense growth opportunities. However, challenges associated with hydrogen refueling facilities might hamper the market growth. Request Free Sample Report.
Hydrogen Fueling Stations Market 2022-2026: Segmentation
- Type
- Small Station
- Due to the rise in the number of hydrogen-powered cars and light trucks around the world, the small station segment of the hydrogen fueling station market is anticipated to experience significant growth in terms of market revenue. For instance, there are currently 31,040 units of hydrogen-powered passenger and light commercial vehicles on the road. These factors will significantly fuel the growth of the hydrogen fueling stations market during the forecast period by raising demand for small stations globally.
- Medium Station
- Large Station
- Geography
- APAC
- APAC will account for 51% of market growth. The main markets in APAC for hydrogen fueling stations are China, South Korea, and Japan. The market growth for hydrogen fueling stations in APAC will be aided by the rising focus on decarbonizing energy end-use as well as an increase in the population during the forecast period.
- Europe
- North America
- Middle East And Africa
- South America
Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses., download a free sample report.
Hydrogen Fueling Stations Market 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hydrogen fueling stations market report covers the following areas:
- Hydrogen Fueling Stations Market size
- Hydrogen Fueling Stations Market trends
- Hydrogen Fueling Stations Market industry analysis
This study identifies the recent developments as one of the prime reasons driving the hydrogen fueling stations market growth during the next few years.
Hydrogen Fueling Stations Market 2022-2026: Vendor Analysis
- Air Products and Chemicals Inc.: The company offers hydrogen fueling stations where the equipment is designed for minimal installation and can be used with any source of hydrogen.
- Ballard Power Systems Inc.: The company offers hydrogen fueling stations by focusing on building cryogenic hydrogen tanks and related storage and handling systems and developing new solutions for the transportation sector.
- BP Plc: The company offers hydrogen fueling stations that involve fueling land speed record-breaking vehicles to passenger cars, buses, and forklifts.
- Cummins Inc.: The company offers hydrogen fueling stations where the electrolyzers enable fast, quiet, and safe hydrogen refueling for cars, vans, trucks, buses, and even ships.
- FirstElement Fuel Inc.: The company offers hydrogen fueling stations where the fuel is manufactured to be safe, non-toxic, and pose no environmental hazard and when consumed in a fuel cell vehicle the only byproduct is water vapor with zero harmful emissions.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.
Hydrogen Fueling Stations Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist hydrogen fueling stations' market growth during the next five years
- Estimation of the hydrogen fueling stations market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hydrogen fueling stations market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hydrogen fueling stations market vendors
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Hydrogen Fueling Stations Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 31.4% |
Market growth 2022-2026 | $1.61 billion |
Market structure | Concentrated |
YoY growth (%) | 25.69 |
Regional analysis | APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution | APAC at 51% |
Key consumer countries | US, Japan, South Korea, China, and Germany |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Air Products and Chemicals Inc., Ballard Power Systems Inc., BP Plc, Cummins Inc., FirstElement Fuel Inc., FuelCell Energy Inc., ITM Power plc, L Air Liquide SA, Linde Plc, Nel ASA, Nuvera Fuel Cells LLC, Plug Power Inc., and Shell plc |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, the market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Small station - Market size and forecast 2021-2026
- Exhibit 28: Chart on Small station - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Small station - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Small station - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Small station - Year-over-year growth 2021-2026 (%)
- 5.4 Medium station - Market size and forecast 2021-2026
- Exhibit 32: Chart on Medium station - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Medium station - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Medium station - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Medium station - Year-over-year growth 2021-2026 (%)
- 5.5 Large station - Market size and forecast 2021-2026
- Exhibit 36: Chart on Large station - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Large station - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Large station - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Large station - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Type
- Exhibit 40: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 Japan - Market size and forecast 2021-2026
- Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.9 South Korea - Market size and forecast 2021-2026
- Exhibit 70: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on South Korea - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 US - Market size and forecast 2021-2026
- Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.12 China - Market size and forecast 2021-2026
- Exhibit 82: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Air Products and Chemicals Inc.
- Exhibit 93: Air Products and Chemicals Inc. - Overview
- Exhibit 94: Air Products and Chemicals Inc. - Business segments
- Exhibit 95: Air Products and Chemicals Inc. - Key news
- Exhibit 96: Air Products and Chemicals Inc. - Key offerings
- Exhibit 97: Air Products and Chemicals Inc. - Segment focus
- 10.4 Ballard Power Systems Inc.
- Exhibit 98: Ballard Power Systems Inc. - Overview
- Exhibit 99: Ballard Power Systems Inc. - Business segments
- Exhibit 100: Ballard Power Systems Inc. - Key news
- Exhibit 101: Ballard Power Systems Inc. - Key offerings
- Exhibit 102: Ballard Power Systems Inc. - Segment focus
- 10.5 BP Plc
- Exhibit 103: BP Plc - Overview
- Exhibit 104: BP Plc - Business segments
- Exhibit 105: BP Plc - Key offerings
- Exhibit 106: BP Plc - Segment focus
- 10.6 Cummins Inc.
- Exhibit 107: Cummins Inc. - Overview
- Exhibit 108: Cummins Inc. - Business segments
- Exhibit 109: Cummins Inc. - Key offerings
- Exhibit 110: Cummins Inc. - Segment focus
- 10.7 FirstElement Fuel Inc.
- Exhibit 111: FirstElement Fuel Inc. - Overview
- Exhibit 112: FirstElement Fuel Inc. - Product / Service
- Exhibit 113: FirstElement Fuel Inc. - Key offerings
- 10.8 FuelCell Energy Inc.
- Exhibit 114: FuelCell Energy Inc. - Overview
- Exhibit 115: FuelCell Energy Inc. - Business segments
- Exhibit 116: FuelCell Energy Inc. - Key offerings
- Exhibit 117: FuelCell Energy Inc. - Segment focus
- 10.9 L Air Liquide SA
- Exhibit 118: L Air Liquide SA - Overview
- Exhibit 119: L Air Liquide SA - Business segments
- Exhibit 120: L Air Liquide SA - Key news
- Exhibit 121: L Air Liquide SA - Key offerings
- Exhibit 122: L Air Liquide SA - Segment focus
- 10.10 Linde Plc
- Exhibit 123: Linde Plc - Overview
- Exhibit 124: Linde Plc - Business segments
- Exhibit 125: Linde Plc - Key news
- Exhibit 126: Linde Plc - Key offerings
- Exhibit 127: Linde Plc - Segment focus
- 10.11 Nel ASA
- Exhibit 128: Nel ASA - Overview
- Exhibit 129: Nel ASA - Business segments
- Exhibit 130: Nel ASA - Key offerings
- Exhibit 131: Nel ASA - Segment focus
- 10.12 Nuvera Fuel Cells LLC
- Exhibit 132: Nuvera Fuel Cells LLC - Overview
- Exhibit 133: Nuvera Fuel Cells LLC - Product / Service
- Exhibit 134: Nuvera Fuel Cells LLC - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 135: Inclusions checklist
- Exhibit 136: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 137: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 138: Research methodology
- Exhibit 139: Validation techniques employed for market sizing
- Exhibit 140: Information sources
- 11.5 List of abbreviations
- Exhibit 141: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Email: media@technavio.com
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SOURCE Technavio
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