Argentina Hydrogen Fueling Station Market Size & Outlook
Argentina hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
Argentina hydrogen fueling station market highlights
- The Argentina hydrogen fueling station market generated a revenue of USD 0.7 million in 2023 and is expected to reach USD 32.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 74.2% from 2024 to 2030.
- In terms of segment, small station was the largest revenue generating size in 2023.
- Small Station is the most lucrative size segment registering the fastest growth during the forecast period.
Hydrogen fueling station market data book summary
| Market revenue in 2023 | USD 0.7 million |
| Market revenue in 2030 | USD 32.8 million |
| Growth rate | 74.2% (CAGR from 2023 to 2030) |
| Largest segment | Small station |
| Fastest growing segment | Small Station |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Station |
| Key market players worldwide | Air Liquide SA, Cummins Inc, Air Products & Chemicals Inc, FuelCell Energy Inc, ITM Power PLC, Ballard Power Systems Inc, NEL ASA, TotalEnergies SE, China Petroleum & Chemical Corp Class H, H2 Energy Group |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.1% of the global hydrogen fueling station market in 2023.
- Country-wise, France is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil hydrogen fueling station market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 32.8 million by 2030.
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Hydrogen Fueling Station Market Scope
Hydrogen Fueling Station Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina hydrogen fueling station market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydrogen fueling station market will help companies and investors design strategic landscapes.
Small station was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Argentina hydrogen fueling station market based on small station covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina has significant renewable energy potential, including solar, wind, and hydropower. Increasing public awareness of the benefits of hydrogen as a source of clean energy and growing market demand, especially from industries seeking sustainable solutions, may drive the need for hydrogen refueling infrastructure. For instance, in March 2021, Galileo Technologies introduced a compact hydrogen filling station.
The module provides hydrogen compression, storage, and refueling for passenger cars or fleets of buses, trucks, boats, or other fuel cell vehicles (FCVs). The new station will have public and private applications as it advances zero-emissions transportation goals and stimulates innovation in FCV technology.
Partnerships between the government, private sectors, and international entities for investments and infrastructure development is expected to boost the installation of a hydrogen fueling station in the country. For instance, in July 2023, the European Commission agreed to increase investments in the hydrogen sector in Chile, Argentina, and Brazil. Norsk Hydro has successfully produced the world's first batch of recycled aluminum using hydrogen-fueled production methods.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina hydrogen fueling station market , including forecasts for subscribers. This country databook contains high-level insights into Argentina hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina hydrogen fueling station market size, by size, 2018-2030 (US$M)
Argentina Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
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