Press release
Green Hydrogen Dispensing Equipment Market Outlook 2031: From US$ 32.7 Million in 2022 to US$ 64.8 Million by 2031, Driven by Clean Energy Transition | TMR Research
Green Hydrogen Dispensing Equipment Market
Get Sample PDF Brochure from here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85553
Market Overview
Green hydrogen dispensing equipment facilitates the safe and efficient delivery of hydrogen produced using renewable energy sources, primarily for fuel cell electric vehicles (FCEVs) and industrial applications. Valued at US$ 32.7 million in 2022, the market is expected to grow at a CAGR of 7.9% from 2023 to 2031, reaching US$ 64.8 million by 2031. The growth is driven by the global push for decarbonization, increasing adoption of hydrogen-powered vehicles, and investments in hydrogen infrastructure, particularly in Europe and Asia-Pacific.
Key Drivers of Growth
Global Push for Decarbonization
Governments worldwide are promoting green hydrogen to meet net-zero emissions targets, driving demand for dispensing equipment in hydrogen refueling stations, especially in Europe (e.g., Germany, France) and Asia-Pacific (e.g., Japan, South Korea).
Rising Adoption of Fuel Cell Electric Vehicles (FCEVs)
The growing market for FCEVs, particularly in commercial transport (e.g., buses, trucks), increases the need for hydrogen dispensers, with significant demand in China, Japan, and California.
Investments in Hydrogen Infrastructure
Public and private investments in hydrogen refueling networks, supported by initiatives like the EU's Hydrogen Strategy and Japan's Hydrogen Society roadmap, are expanding the deployment of dispensing equipment globally.
Technological Advancements in Dispensing Systems
Innovations in high-pressure (700 bar) dispensers, fast-fueling protocols, and safety features enhance efficiency and user experience, driving adoption in developed markets like the U.S. and Germany.
Top Companies:
Air Liquide
Linde plc
Nel ASA
Air Products and Chemicals, Inc.
ITM Power
Hydrogenics
Chart Industries
Toyota Industries Corporation
Hyundai Motor Company
Shell
TotalEnergies SE
Ballard Power Systems
Plug Power
Visit our report to discover essential insights and analysis - https://www.transparencymarketresearch.com/green-hydrogen-dispensing-equipment-market.html
Challenges and Barriers
High Initial Costs
The high cost of installing hydrogen dispensing equipment, including compressors and storage systems, limits scalability, particularly in emerging markets like Africa and parts of Latin America.
Limited Hydrogen Refueling Infrastructure
The sparse network of hydrogen refueling stations globally, compared to electric vehicle charging points, restricts demand for dispensing equipment, especially in regions outside Europe and Asia-Pacific.
Regulatory and Safety Challenges
Stringent safety standards for hydrogen handling, such as those set by ISO and SAE, increase compliance costs and complexity, potentially delaying market expansion in developing regions.
Competition from Battery Electric Vehicles (BEVs)
The dominance of BEVs, with their more established charging infrastructure, poses a competitive challenge to hydrogen-powered vehicles and related dispensing equipment, particularly in North America.
Regional Insights
Europe leads the green hydrogen dispensing equipment market, driven by Germany, France, and the Netherlands, due to aggressive hydrogen strategies, subsidies, and a growing FCEV market. Asia-Pacific, led by Japan, South Korea, and China, is a fast-growing region, fueled by government-backed hydrogen economies and large-scale refueling projects. North America, particularly California in the U.S., contributes through early adoption of hydrogen infrastructure. Emerging markets in the Middle East (e.g., Saudi Arabia) and Latin America show potential as green hydrogen projects expand.
Future Opportunities
Scaling Hydrogen Refueling Networks: Expanding station networks in urban and industrial hubs could drive demand, particularly in Europe and Asia-Pacific.
Cost Reduction through Innovation: Developing cost-effective dispensers and modular systems could enhance adoption in emerging markets like India and Brazil.
Industrial Hydrogen Applications: Growing use of green hydrogen in industries like steel and ammonia production could spur demand for large-scale dispensing equipment, especially in the Middle East.
Public-Private Partnerships: Collaborations between governments and companies, such as those in Japan and Germany, could accelerate infrastructure deployment and market growth.
Browse More Trending Research Reports:
Caustic Soda Market: https://www.einnews.com/pr_news/770374745/caustic-soda-industry-trends-market-valuation-to-reach-usd-59-3-billion-by-2031-growing-at-3-7-cagr-tmr
Emulsifiers Market for Personal Care Applications- https://www.globenewswire.com/news-release/2024/11/28/2988614/32656/en/Emulsifiers-Market-for-Personal-Care-Applications-to-Reach-3-0-Billion-by-2034-Fueled-by-Demand-for-Sustainable-and-Natural-Ingredients-TMR.html
AI-powered Chemical Manufacturing Market: https://www.globenewswire.com/news-release/2025/03/20/3046145/32656/en/AI-powered-Chemical-Manufacturing-Market-to-Expand-at-28-8-CAGR-Generating-US-37-6-Billion-by-2034-as-Industry-Embraces-Smart-Technologies-Latest-Report-by-Transparency-Market-Rese.html
Recombinant Chemicals Market : https://www.globenewswire.com/news-release/2025/01/31/3018829/32656/en/Recombinant-Chemicals-Market-to-Reach-US-6-7-Bn-by-2034-Driven-by-Rising-Demand-for-Protein-Based-Vaccines-Genetic-Disorder-Treatments-TMR-Analysis.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Green Hydrogen Dispensing Equipment Market Outlook 2031: From US$ 32.7 Million in 2022 to US$ 64.8 Million by 2031, Driven by Clean Energy Transition | TMR Research here
News-ID: 4073342 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Hydrogen
White Natural Hydrogen Market Growth 2025-2032 | Clean & Renewable Hydrogen Sour …
New York, U.S. - Worldwide Market Reports unveils its latest evaluation of the White Natural Hydrogen Market, highlighting the growing interest in naturally occurring, untapped hydrogen resources that can support decarbonization initiatives and supplement green and blue hydrogen production. Increasing exploration in geological formations, coupled with rising demand for low-carbon energy carriers, is driving adoption across industrial, energy, and mobility sectors. Near-term growth is expected from subsurface hydrogen reservoirs, renewable…
Hydrogen Electrolyzer Market, Fueling the Green Hydrogen Revolution Worldwide
Overview of the Market
The hydrogen electrolyzer market is rapidly transforming into a cornerstone of the global clean energy transition, driven by increasing investments in sustainable technologies and government-led decarbonization efforts. A hydrogen electrolyzer is a device that splits water into hydrogen and oxygen using electricity, enabling the generation of green hydrogen when powered by renewable sources. This exponential rise is attributed to the surging demand for clean fuels, rising…
Hydrogen economy: hydrogen as an energy carrier is changing companies
The energy transition and climate protection have put the focus on a sustainable energy supply. Hydrogen is considered one of the most important energy sources of the future and plays a key role in the decarbonization of industry. Investments in the hydrogen economy are increasing worldwide. Germany is also increasingly focusing on promoting this technology.
But what impact will this have on companies, the labor market and the competitiveness of Germany…
Hydrogen Generator Market Growth: Powering the Green Hydrogen Economy
According to a new report published by Allied Market Research, The global hydrogen generator market size was valued at $1.2 billion in 2020, and hydrogen generator market forecast to reach $2.2 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.
Global shift toward the use of eco-friendly and renewable resources and several government initiatives toward development of eco-friendly hydrogen production technologies, coupled with rapidly increasing demand for…
Hydrogen Generation Market Clean Energy Transition and Green Hydrogen Innovation …
On March 31, 2025, Exactitude Consultancy., Ltd. announces the release of the report "Global Hydrogen Generation Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2034". The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across…
Hydrogen Generator Market Dynamics: Trends Shaping the Hydrogen Economy
According to a new report published by Allied Market Research, The global hydrogen generator market size was valued at $1.2 billion in 2020, and hydrogen generator market forecast to reach $2.2 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.
Global shift toward the use of eco-friendly and renewable resources and several government initiatives toward development of eco-friendly hydrogen production technologies, coupled with rapidly increasing demand for…
