Middle East & Africa Hydrogen Fueling Station Market Size & Outlook
Middle East & Africa hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
MEA hydrogen fueling station market highlights
- The MEA hydrogen fueling station market generated a revenue of USD 4.3 million in 2023.
- The market is expected to grow at a CAGR of 15.5% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 4.3 million |
| Market revenue in 2030 | USD 11.7 million |
| Growth rate | 15.5% (CAGR from 2023 to 2030) |
| Largest segment | Medium station |
| Fastest growing segment | Small 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 |
| 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, MEA region accounted for 0.6% of the global hydrogen fueling station market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 72.1 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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Middle East & Africa 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 74.42% in 2023. Horizon Databook has segmented the Middle East & Africa hydrogen fueling station market based on small station, medium station covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of advanced technologies, such as smart hydrogen fueling stations, is driving traction in the region. These stations leverage digitization, automation, and data analytics to optimize operational efficiency, improve user experience, and ensure the seamless integration of hydrogen into the broader energy landscape.
This trend aims to utilize the technology for the smart management of hydrogen infrastructure, creating a more intelligent and responsive fueling network. Governments and industry players are investing in R&D to enhance the efficiency of hydrogen production, storage, and distribution technologies.
This signifies continuous improvement, aiming to overcome technical challenges and optimize the entire hydrogen value chain, ultimately making hydrogen-fueling stations more reliable, cost-effective, and accessible. In December 2023, Masdar, a UAE-based clean energy company, announced a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources.
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Target buyers of Middle East & Africa hydrogen fueling station market databook
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Our clientele includes a mix of hydrogen fueling station market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa hydrogen fueling station market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA hydrogen fueling station market size, by country, 2018-2030 (US$M)
Middle East & Africa Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
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