Brazil Hydrogen Fueling Station Market Size & Outlook
Brazil hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
Brazil hydrogen fueling station market highlights
- The Brazil hydrogen fueling station market generated a revenue of USD 1.1 million in 2023 and is expected to reach USD 39.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 66.1% from 2024 to 2030.
- In terms of segment, medium station was the largest revenue generating size in 2023.
- Medium 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 1.1 million |
| Market revenue in 2030 | USD 39.3 million |
| Growth rate | 66.1% (CAGR from 2023 to 2030) |
| Largest segment | Medium station |
| Fastest growing segment | Medium Station |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 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, Brazil accounted for 0.2% 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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Brazil 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 100% in 2023. Horizon Databook has segmented the Brazil hydrogen fueling station market based on medium station covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the largest producers and exporters of hydrogen in the region. This is expected to boost the hydrogen fueling station market over the forecast period. Moreover, growing investments in the installation of fueling stations in the country is also expected to contribute to the growth of the market in the coming years.
For instance, in August 2023, Brazil opened the world's first hydrogen refueling station based on green ethanol in Sao Paulo. The project is expected to produce 4.5 kg of hydrogen per hour to fuel three buses and one passenger car.
The operation is expected to commence in the second half of 2024. This project aims to demonstrate that ethanol can become a vector for renewable hydrogen production using existing industry logistics.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil hydrogen fueling station market , including forecasts for subscribers. This country databook contains high-level insights into Brazil hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil hydrogen fueling station market size, by size, 2018-2030 (US$M)
Brazil Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
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