Asia Pacific Hydrogen Fueling Station Market Size & Outlook

The hydrogen fueling station market in Asia Pacific is expected to reach a projected revenue of US$ 1,286.0 million by 2030. A compound annual growth rate of 15.9% is expected of Asia Pacific hydrogen fueling station market from 2024 to 2030.
Revenue, 2023 (US$M)
$457.2
Forecast, 2030 (US$M)
$1,286.0
CAGR, 2024 - 2030
15.9%
Report Coverage
Asia Pacific

Asia Pacific hydrogen fueling station market, 2018-2030 (US$M)

Asia

Asia Pacific hydrogen fueling station market highlights

  • The Asia Pacific hydrogen fueling station market generated a revenue of USD 457.2 million in 2023.
  • The market is expected to grow at a CAGR of 15.9% from 2024 to 2030.
  • In terms of segment, medium station was the largest revenue generating size in 2023.
  • Large Station is the most lucrative size segment registering the fastest growth during the forecast period.
  • Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 457.2 million
Market revenue in 2030USD 1,286.0 million
Growth rate15.9% (CAGR from 2023 to 2030)
Largest segmentMedium station
Fastest growing segmentLarge Station
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmall Station, Medium Station, Large Station
Key market players worldwideAir 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, Asia Pacific region accounted for 65.8% of the global hydrogen fueling station market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Latin America is the fastest growing regional market and is projected to reach USD 72.1 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Hydrogen Fueling Station Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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.


Medium station was the largest segment with a revenue share of 57.9% in 2023. Horizon Databook has segmented the Asia Pacific hydrogen fueling station market based on small station, medium station, large station covering the revenue growth of each sub-segment from 2018 to 2030.


Governments across Asia Pacific are implementing strategies to promote the adoption of hydrogen fuel cell vehicles, which is in turn increasing the demand for suitable hydrogen fueling infrastructure. 

As part of broader efforts to achieve carbon neutrality goals, countries in the region are investing in hydrogen production and distribution infrastructure including hydrogen fueling stations.

According to the International Renewable Energy Agency, in June 2021, 40,000 fuel-cell electric vehicles were operating globally, with nearly 90% operating in four countries, namely Korea, the U.S., China, and Japan.

Reasons to subscribe to Asia Pacific hydrogen fueling station market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Asia Pacific hydrogen fueling station market databook

  • Our clientele includes a mix of hydrogen fueling station market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific hydrogen fueling station market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Asia Pacific hydrogen fueling station market size, by country, 2018-2030 (US$M)

Asia Pacific Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific hydrogen fueling station market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more