Singapore Hydrogen Fueling Station Market Size & Outlook
Singapore hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
Singapore hydrogen fueling station market highlights
- The Singapore hydrogen fueling station market generated a revenue of USD 0.6 million in 2023 and is expected to reach USD 0.9 million by 2030.
- The Singapore market is expected to grow at a CAGR of 6.4% 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 0.6 million |
| Market revenue in 2030 | USD 0.9 million |
| Growth rate | 6.4% (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, Singapore accounted for 0.1% 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 Asia Pacific, Japan hydrogen fueling station market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 13.5 million by 2030.
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Hydrogen Fueling Station Market Scope
Hydrogen Fueling Station Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Singapore 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 Singapore hydrogen fueling station market based on medium station covering the revenue growth of each sub-segment from 2018 to 2030.
Singapore's strategic focus on developing a sustainable and circular economy is driving the hydrogen fueling station market. Hydrogen, produced from waste streams or industrial by-products, aligns with Singapore's commitment to circular economy principles. The deployment of hydrogen fueling stations that support sustainably produced hydrogen contributes to waste reduction and environmental conservation.
Singapore's emphasis on circular economy practices creates opportunities for innovative solutions in hydrogen production and infrastructure, positioning hydrogen-fueling stations as integral components of a sustainable and circular hydrogen ecosystem. The increasing demand for decentralized and modular hydrogen infrastructure in Singapore is driving the market.
This trend aligns with the concept of distributed energy systems, enabling hydrogen production and distribution to be tailored to specific local needs. Decentralized hydrogen infrastructure reduces reliance on large, centralized facilities, making it easier to integrate hydrogen-fueling stations into various urban and industrial locations, thus promoting accessibility and efficiency.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Singapore hydrogen fueling station market , including forecasts for subscribers. This country databook contains high-level insights into Singapore hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore hydrogen fueling station market size, by size, 2018-2030 (US$M)
Singapore Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
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