Spain Hydrogen Fueling Station Market Size & Outlook

The hydrogen fueling station market in Spain is expected to reach a projected revenue of US$ 51.6 million by 2030. A compound annual growth rate of 37.3% is expected of Spain hydrogen fueling station market from 2024 to 2030.
Revenue, 2023 (US$M)
$5.6
Forecast, 2030 (US$M)
$51.6
CAGR, 2024 - 2030
37.3%
Report Coverage
Spain

Spain hydrogen fueling station market, 2018-2030 (US$M)

Spain

Spain hydrogen fueling station market highlights

  • The Spain hydrogen fueling station market generated a revenue of USD 5.6 million in 2023 and is expected to reach USD 51.6 million by 2030.
  • The Spain market is expected to grow at a CAGR of 37.3% 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.


Hydrogen fueling station market data book summary

Market revenue in 2023USD 5.6 million
Market revenue in 2030USD 51.6 million
Growth rate37.3% (CAGR from 2023 to 2030)
Largest segmentMedium station
Fastest growing segmentLarge Station
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmall Station, Medium Station, Large Station
Key market players worldwideAir 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, Spain accounted for 0.8% 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 Companies

Name Profile # Employees HQ Website

Spain 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 53.57% in 2023. Horizon Databook has segmented the Spain hydrogen fueling station market based on small station, medium station, large station covering the revenue growth of each sub-segment from 2018 to 2030.


Spain has emerged as one of the major European countries utilizing hydrogen in various sectors. For instance, the government of Spain has instructed to blend 5% hydrogen by volume in the natural gas network in the country. 

This factor has majorly driven the utilization of hydrogen, thus creating demand for hydrogen fueling stations across the country.The rise in environmental concerns and climate change issues has prompted the Spanish government to emphasize industries to limit their carbon footprints.


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Horizon Databook provides a detailed overview of country-level data and insights on the Spain hydrogen fueling station market , including forecasts for subscribers. This country databook contains high-level insights into Spain hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Spain hydrogen fueling station market size, by size, 2018-2030 (US$M)

Spain Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)

Spain hydrogen fueling station market size, by size, 2018-2030 (US$M)

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