Australia Hydrogen Fueling Station Market Size & Outlook
Australia hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
Australia hydrogen fueling station market highlights
- The Australia hydrogen fueling station market generated a revenue of USD 2.4 million in 2023 and is expected to reach USD 13.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 27.8% from 2024 to 2030.
- In terms of segment, medium 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 2.4 million |
| Market revenue in 2030 | USD 13.5 million |
| Growth rate | 27.8% (CAGR from 2023 to 2030) |
| Largest segment | Medium 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, Medium 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, Australia accounted for 0.3% 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 Asia Pacific, Japan hydrogen fueling station market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 13.5 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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Australia 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 62.5% in 2023. Horizon Databook has segmented the Australia hydrogen fueling station market based on small station, medium station covering the revenue growth of each sub-segment from 2018 to 2030.
The rising trend of sustainable tourism in Australia is creating opportunities for the hydrogen fueling station market. Hydrogen-powered vehicles provide an eco-friendly transportation solution for tourists exploring the country. The deployment of hydrogen fueling stations in popular tourist destinations supports the adoption of hydrogen-powered vehicles, contributing to a more sustainable and environmentally conscious travel experience.
Australia's commitment to promoting sustainable tourism aligns with the expansion of hydrogen infrastructure, enhancing the attractiveness of hydrogen-powered transportation options for domestic and international tourists. The rising trend of hydrogen-powered public transport is contributing to the growth of the hydrogen fueling station market in Australia. Cities and municipalities are adopting hydrogen fuel cell buses as a clean and sustainable alternative to public transportation.
The deployment of hydrogen fueling stations in urban areas supports the adoption of hydrogen-powered buses, creating a cleaner and more environmentally friendly public transit system. In November 2023, Transit Systems launched two new hydrogen buses produced in Australia as part of the Victorian Government's three-year Zero-Emission Bus (ZEB) Trial.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia hydrogen fueling station market , including forecasts for subscribers. This country databook contains high-level insights into Australia hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia hydrogen fueling station market size, by size, 2018-2030 (US$M)
Australia Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
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