Denmark Hydrogen Fueling Station Market Size & Outlook
Denmark hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
Denmark hydrogen fueling station market highlights
- The Denmark hydrogen fueling station market generated a revenue of USD 4.5 million in 2023 and is expected to reach USD 33.8 million by 2030.
- The Denmark market is expected to grow at a CAGR of 33.5% 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 4.5 million |
| Market revenue in 2030 | USD 33.8 million |
| Growth rate | 33.5% (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, Denmark accounted for 0.6% 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 Europe, France hydrogen fueling station market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 538.9 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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Denmark 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 64.44% in 2023. Horizon Databook has segmented the Denmark hydrogen fueling station market based on small station, medium station covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark is actively developing its hydrogen infrastructure to support the transition to renewable energy sources. Rising interest in zero-emission transportation and the need for fuel cell vehicles are driving demand for hydrogen refueling stations. For instance, in February 2022, Phillips 66 and H2 Energy Europe announced their plans to build up to 250 retail hydrogen fueling stations in Germany, Austria, and Denmark by 2026 through a 50-50 joint venture between their subsidiaries Phillips 66 Limited and H2 Energy Europe AG.
The agreement is subject to regulatory approvals and customary closing conditions. Rising collaboration and investment in hydrogen infrastructure across the country is expected to fuel the installation of hydrogen fueling station. For instance, in April 2022, Everfuel and Thaulow Dry Port announced their plans to establish the largest hydrogen station in Denmark.
The agreement between Everfuel A/S and Taulov Dry Port A/S reflects the intention of both companies to make a significant contribution to the transition of the transport industry to more environmentally friendly fuels and help decarbonize Denmark's busiest transport hub.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark hydrogen fueling station market , including forecasts for subscribers. This country databook contains high-level insights into Denmark hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark hydrogen fueling station market size, by size, 2018-2030 (US$M)
Denmark Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
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