North America Hydrogen Fueling Station Market Size & Outlook
North America hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
North America hydrogen fueling station market highlights
- The North America hydrogen fueling station market generated a revenue of USD 69.6 million in 2023.
- The market is expected to grow at a CAGR of 32.1% from 2024 to 2030.
- In terms of segment, medium station was the largest revenue generating size in 2023.
- Large Station is the most lucrative size segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 69.6 million |
| Market revenue in 2030 | USD 488.7 million |
| Growth rate | 32.1% (CAGR from 2023 to 2030) |
| Largest segment | Medium station |
| Fastest growing segment | Large 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, Large 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, North America region accounted for 10.0% 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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North America 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 50.43% in 2023. Horizon Databook has segmented the North America hydrogen fueling station market based on small station, medium station, large station covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing demand for zero-emission vehicles and a sustainable transportation infrastructure is driving the North America market growth. The expansion of hydrogen fueling infrastructure is pivotal in meeting the rising demand for these eco-friendly vehicles.
Establishing a robust network of hydrogen fueling stations enhances the accessibility and convenience of hydrogen-powered vehicles for consumers across North America, driving the adoption of fuel cell technology.
In 2022, 11 new filling stations opened in North America; California currently has 70 out of the 89 operational filling stations. Adding these filling stations may have significant implications for the fuel industry in the region.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America hydrogen fueling station market , including forecasts for subscribers. This continent databook contains high-level insights into North America hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America hydrogen fueling station market size, by country, 2018-2030 (US$M)
North America Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
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