Market revenue in 2023 | USD 457.2 million |
Market revenue in 2030 | USD 1,286.0 million |
Growth rate | 15.9% (CAGR from 2023 to 2030) |
Largest segment | Medium station |
Fastest growing segment | Large Station |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Small Station, Medium Station, Large 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 |
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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.
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.
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