U.S. Hydrogen Fueling Station Market Size & Outlook
U.S. hydrogen fueling station market, 2018-2030 (US$M)
Related Markets
U.S. hydrogen fueling station market highlights
- The U.S. hydrogen fueling station market generated a revenue of USD 64.2 million in 2023 and is expected to reach USD 458.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 32.4% 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 2023 | USD 64.2 million |
| Market revenue in 2030 | USD 458.2 million |
| Growth rate | 32.4% (CAGR from 2023 to 2030) |
| Largest segment | Medium station |
| Fastest growing segment | Large Station |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 9.2% 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 North America, U.S. hydrogen fueling station market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 458.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hydrogen Fueling Station Market Scope
Hydrogen Fueling Station Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 49.69% in 2023. Horizon Databook has segmented the U.S. hydrogen fueling station market based on small station, medium station, large station covering the revenue growth of each sub-segment from 2018 to 2030.
At both federal and state levels, the U.S. government is actively promoting the development of hydrogen fueling infrastructure to support the widespread adoption of fuel cell vehicles. Policies, such as tax incentives and grants, are designed to encourage private investment in hydrogen infrastructure projects, reinforcing the U.S.'s goals to reduce carbon emissions and transition toward a more sustainable transportation sector.
In October 2023, the U.S. government launched the Regional Clean Hydrogen Hubs (H2Hubs) program, with USD 7 billion in federal funding that, alongside private investments totaling USD 50 million, will be utilized to launch a comprehensive initiative.
This program aims to initiate a nationwide network involving clean hydrogen producers, consumers, and the necessary infrastructure. It will provide crucial support across the clean hydrogen supply chain, including production, storage, delivery, and end-use. The Clean Hydrogen Tax Credit outlined in the Inflation Reduction Act will provide government support for hydrogen production facilities.
Reasons to subscribe to U.S. hydrogen fueling station market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. hydrogen fueling station market databook
-
Our clientele includes a mix of hydrogen fueling station market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the U.S. hydrogen fueling station market , including forecasts for subscribers. This country databook contains high-level insights into U.S. hydrogen fueling station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. hydrogen fueling station market size, by size, 2018-2030 (US$M)
U.S. Hydrogen Fueling Station Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
