Italy Hydrogen Fueling Station Market Size & Outlook
Italy hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
Italy hydrogen fueling station market highlights
- The Italy hydrogen fueling station market generated a revenue of USD 1.3 million in 2023 and is expected to reach USD 10.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 36.1% 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 1.3 million |
| Market revenue in 2030 | USD 10.9 million |
| Growth rate | 36.1% (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, Italy 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 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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Italy 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 61.54% in 2023. Horizon Databook has segmented the Italy hydrogen fueling station market based on small station, medium station covering the revenue growth of each sub-segment from 2018 to 2030.
Italy’s government has taken steps to improve hydrogen infrastructure in the country as the government has issued regulations to overcome barriers faced for the deployment of refueling stations for hydrogen in the country. Under the new regulations, the government has increased the allowed pressure for the distribution of hydrogen and has taken steps to enhance the safety of the hydrogen infrastructure.
For instance, in March 2023, the Italian government announced plans to allocate up to USD 111.4 million (EUR 103.5 million) to build 36 new hydrogen refueling stations across the country by 2026. Furthermore, some of the companies and research institutes are focusing on the development of hydrogen fueling stations through cleaner technologies. For instance, in June 2023, MAIRE took part in the launch of the first ring hydrogen filling station in Rome.
Nextchem is expected to act as the exclusive provider of technology solutions for the circular use of hydrogen through its Waste to Chemical process to produce hydrogen from non-recyclable waste. Its output is expected to be around 700 kg per day, reducing CO2 emissions by over 75% compared to using conventional diesel. The project is financed by funding from Italy's National Plan for Recovery and Resilience (PNRR) as part of the Ministry of Infrastructure and Transport.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy hydrogen fueling station market , including forecasts for subscribers. This country databook contains high-level insights into Italy hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy hydrogen fueling station market size, by size, 2018-2030 (US$M)
Italy Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
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