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Hydrogen Fueling Stations Market worth $1,335.64 million by 2030, growing at a CAGR of 16.83% - Exclusive Report by 360iResearch
The "Hydrogen Fueling Stations Market by Station Size (Large, Medium, Small), Station Type (Fixed Hydrogen Station, Mobile Hydrogen Station), Vehicle Technology, Delivery Methods, Vehicle Type - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Hydrogen Fueling Stations Market to grow from USD 449.39 million in 2023 to USD 1,335.64 million by 2030, at a CAGR of 16.83%.
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Hydrogen fueling stations normally consist of a cooling system, a hydrogen storage system, and a dispenser with a nozzle that connects with the fuel cell vehicle. A hydrogen filling station is built with a variety of compressors and accumulators to efficiently store and fill hydrogen that is either liquid or gaseous. Government initiatives such as tax incentives, subsidies, and regulations to encourage the adoption of zero-emission vehicles improve the emergence of hydrogen fueling stations. However, the high initial costs of producing hydrogen and a lack of fuel infrastructure are expected to impede the growth of the hydrogen fueling stations market. In addition, technological advancements and prospects in the hydrogen fuel cell vehicle and rise in investments & encouragement in administrative policy framework create robust opportunities for the hydrogen fueling stations market.
In North America, the use of hydrogen filling stations is improved by tax benefit laws, the availability of different scale enterprises, technological developments, and committed research and development projects. The U.S. and Canada have observed a considerable increase in hydrogen fueling stations by constructing new facilities due to favorable policies. Countries such as Japan, South Korea, Germany, and the United States have set ambitious targets for deploying hydrogen fuel cell vehicles and are investing heavily in developing hydrogen infrastructure. Japan, China, and South Korea have introduced the deployment of massive hydrogen fuel cell vehicles and a positive roadmap for installing hydrogen fueling station facilities. In Europe, the market's growth can be attributed to the favorable government policies on carbon reduction implemented by the European Union and the rapid expansion of new fueling stations, which boost the need for advanced hydrogen fueling stations in the region. In April 2022, TotalEnergies opened a new hydrogen refueling station in the Netherlands. The station was an Interreg project, 'Hydrogen Region 2.0', coordinated by the H2 knowledge and cooperation platform WaterstofNet.
Market Segmentation & Coverage:
This research report categorizes the Hydrogen Fueling Stations Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Station Size, market is studied across Large, Medium, and Small. The Large is projected to witness significant market share during forecast period.
Based on Station Type, market is studied across Fixed Hydrogen Station and Mobile Hydrogen Station. The Fixed Hydrogen Station is projected to witness significant market share during forecast period.
Based on Vehicle Technology, market is studied across Phosphoric Acid Fuel Cell and Proton Exchange Membrane Fuel Cell. The Proton Exchange Membrane Fuel Cell is projected to witness significant market share during forecast period.
Based on Delivery Methods, market is studied across Off-Site and On-Site. The Off-Site is projected to witness significant market share during forecast period.
Based on Vehicle Type, market is studied across Commercial Vehicle and Passenger Vehicle. The Commercial Vehicle is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.01% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Hydrogen Fueling Stations Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Hydrogen Fueling Stations Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Hydrogen Fueling Stations Market, highlighting leading vendors and their innovative profiles. These include Air Liquide S. A., Air Products and Chemicals, Inc., Ally Hi-Tech Co.,Ltd., AW-Lake, Ballard Power Systems Inc., Black & Veatch Holding Company, Bloom Energy Corporation, Cummins Inc., Doosan Group, Dover Fueling Solutions, H2 MOBILITY Deutschland GmbH & Co. KG, Haskel Inc., HORIBA, Ltd., ITM Power PLC, Iwatani Corporation of America., Linde PLC, Nel ASA, NUVERA FUEL CELLS, LLC, Parker-Hannifin Corporation, PDC Machines, Plug Power Inc., PowerTap., Powertech Labs Inc., Schmidt, Kranz & Co. GmbH, sera GmbH, Shell PLC, Toyota Motor Manufacturing Canada Inc., and WEH GmbH.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Hydrogen Fueling Stations Market, by Station Size
7. Hydrogen Fueling Stations Market, by Station Type
8. Hydrogen Fueling Stations Market, by Vehicle Technology
9. Hydrogen Fueling Stations Market, by Delivery Methods
10. Hydrogen Fueling Stations Market, by Vehicle Type
11. Americas Hydrogen Fueling Stations Market
12. Asia-Pacific Hydrogen Fueling Stations Market
13. Europe, Middle East & Africa Hydrogen Fueling Stations Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Hydrogen Fueling Stations Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Hydrogen Fueling Stations Market?
3. What is the competitive strategic window for opportunities in the Hydrogen Fueling Stations Market?
4. What are the technology trends and regulatory frameworks in the Hydrogen Fueling Stations Market?
5. What is the market share of the leading vendors in the Hydrogen Fueling Stations Market?
6. What modes and strategic moves are considered suitable for entering the Hydrogen Fueling Stations Market?
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