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Hydrogen Fueling Stations: Global Markets

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    Report

  • 182 Pages
  • June 2023
  • Region: Global
  • BCC Research
  • ID: 5830667
This report provides an analysis of the global market for hydrogen fueling stations. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. This report also offers insights on drivers and opportunities for the market, which were gathered through primary and secondary research. It also covers various market factors, including the impacts of COVID-19 and the Russia-Ukraine war, Porter’s five forces, use-case analysis and the regulatory landscape.

The report has been prepared in a simple, easy-to-understand format, with some tables and charts/figures. The report’s scope includes a detailed study of global and regional markets for station size, pressure, installation type and station type. Qualitative and quantitative data of all segments are provided in the report. The report examines each segment, determines the current market size and estimates the future market size, including compound annual growth rates (CAGR).

The report also provides detailed profiles of the significant hydrogen fueling station players and their strategies to enhance their market presence. The report also includes a competitive landscape chapter that discusses the market ecosystem of the top hydrogen fueling station providers in 2022.

Report Includes

  • 37 data tables and 30 additional tables
  • Detailed overview and an up-to-date analysis of the global market for hydrogen fueling stations
  • Analyses of the global market trends, with historic market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028
  • Discussion of the major growth drivers, opportunities and challenges, technology updates, and impacts of region and industry specific macroeconomic variables influencing the market for hydrogen fueling station as a basis for projecting demand in the next few years (2023-2028)
  • Estimation of the actual market size and revenue forecast for the global hydrogen fueling station market in USD million values, and their corresponding market share analysis based on the station size, pressure, station type, installation type, and region
  • In-depth information (facts and figures) concerning the major factors influencing the progress of this market (benefits and challenges) with respect to specific growth trends, upcoming technologies, industry regulations, prospects, and contributions to the overall market
  • Analysis of market opportunities with a holistic review of the Porter’s five forces model analysis and PESTLE analysis considering both micro- and macro environmental factors prevailing in the market
  • Insight into the company competitive landscape including a SWOT analysis of leading manufacturers, merger and acquisition (M&A) activities, venture fundings, and other strategic analyses
  • Descriptive company profiles of the major global players, including Air Liquide, Air Products and Chemicals Inc., Eni S.p.A., FirstElement Fuel Inc., FuelCell Energy Inc., ITM Power plc, Linde plc, McPhy Energy, Nel ASA, and sera GmbH

Table of Contents

Chapter 1 Introduction
  • Introduction
  • Study Goals and Objectives
  • Scope of Report
  • Reasons for Doing This Study
  • Intended Audience
  • Information Sources
  • Methodology
  • Geographic Breakdown
  • Analyst's Credentials
  • Custom Research
  • Related Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
  • Introduction
  • Hydrogen Fueling Station History
  • Evolution of the Hydrogen Fueling Station
  • Early Experimental Designs (1970s-1980s)
  • First Commercial Stations (1990s)
  • Expansion and Development (2000s)
  • Deployment of New Technologies (2010s)
  • Expansion Beyond California (the 2020s)
  • Value Chain Analysis
  • Hydrogen Production
  • Hydrogen Transportation
  • Hydrogen Storage
  • Hydrogen Dispensing
  • Customer Service
  • Porter's Five Forces Model
  • Supplier Power
  • Buyer Power
  • Threat of New Entrants
  • Threat of Substitutes
  • Competitive Rivalry
  • Impact of COVID-19 and the Ukraine-Russia War on the Global Market
  • COVID-19 Impact
  • Impact of the Russia-Ukraine War
  • PESTEL Analysis of Hydrogen Fueling Station
  • Political Factors
  • Economic Factors
  • Sociocultural Factors
  • Technological Factors
  • Environmental Factors
  • Legal Factors
  • Industry Expert Insights
Chapter 4 Market Dynamics
  • Overview
  • Key Market Drivers
  • Increasing Funds in Hydrogen Fueling Stations
  • Increasing Variation of Fuel Cell Electric Vehicle
  • Growing Demand for Clean Energy
  • Reduction of Carbon Emissions
  • Market Restraints
  • High Upfront Cost for Developing Hydrogen Fueling Stations
  • Immature Development of Hydrogen Infrastructure
  • Key Challenges for the Hydrogen Fueling Station Market
  • Risk Measurement and Safety Measures for Fueling Stations
  • Market Opportunities
  • Government Programs to Accelerate Deployment of Hydrogen Fueling Stations
  • Hydrogen Becoming an Attractive Fuel Source for Heavy-Duty Applications
  • Short-term and Long-term Impacts of Market Dynamics
Chapter 5 Market Breakdown by Station Size
  • Overview
  • Small Stations
  • Components of Small-sized Hydrogen Fueling Stations
  • Types of Small-sized Hydrogen Fueling Stations
  • Advantages of Small-sized Hydrogen Fueling Stations
  • Medium Stations
  • Components and Processes Involved in a Typical Medium-sized Hydrogen Fueling Station
  • Large Stations
  • Components of a Large-sized Hydrogen Fueling Station
  • Design Considerations for a Large-sized Hydrogen Fueling Station
Chapter 6 Market Breakdown by Pressure
  • Overview
  • High Pressure
  • Factors of High-pressure Hydrogen Fueling Facilities
  • Low Pressure
  • Factors of Low-pressure Hydrogen Fueling Facilities
  • Categories of Low-pressure Hydrogen Fueling Stations
Chapter 7 Market Breakdown by Station Type
  • Overview
  • Fixed
  • Types of Stationary Hydrogen Filling Stations
  • Mobile
  • Components of a Mobile Hydrogen Fueling Station
  • Advantages of Mobile Hydrogen Fueling Stations
  • Challenges of Mobile Hydrogen Fueling Stations
  • Applications of Mobile Hydrogen Fueling Stations
Chapter 8 Market Breakdown by Installation Type
  • Overview
  • New Stations
  • Retrofitting
  • Repair and Maintenance of Hydrogen Fueling Stations
Chapter 9 Market Breakdown by Region
  • Overview
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World
  • Middle East and Africa
  • South America
Chapter 10 Emerging Technologies and Developments
  • Introduction
  • Current Market Trends
  • Increasing Demand for FCEVs
  • Advancements in Technology
  • Partnerships and Collaborations
  • Increasing Focus on Renewable Hydrogen
  • Government Support
  • Emerging and Upcoming Trends in Hydrogen Fueling Stations
  • Technological Background
  • Advancements
  • Advanced Compression and Storage Technology
  • Renewable Hydrogen Production
  • On-site Hydrogen Production
  • Multi-fuel Dispensers
  • Smart Grid Integration
Chapter 11 Patent Analysis
  • Overview
  • Key Patents
Chapter 12 M&A and Funding Outlook
  • M&A Analysis
  • Startup Funding in Hydrogen Fueling Stations
Chapter 13 Competitive Landscape
  • Overview
  • Market Share Analysis
  • Market Strategy Analysis of Hydrogen Fueling Stations
  • SWOT Analysis of Hydrogen Fueling Station Market
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats
  • Key Market Developments
Chapter 14 Company Profiles
  • Introduction
  • AIR LIQUIDE
  • AIR PRODUCTS AND CHEMICALS INC.
  • ATAWEY
  • CHART INDUSTRIES INC.
  • ENI SPA
  • FIRSTELEMENT FUEL INC.
  • FUELCELL ENERGY INC.
  • GALILEO TECHNOLOGIES S.A.
  • H2 MOBILITY DEUTSCHLAND GMBH & CO. KG
  • H2ENERGY AG
  • HASKEL
  • HUMBLE HYDROGEN
  • HYDROGEN REFUELING SOLUTIONS
  • ITM POWER PLC
  • IWATANI CORP.
  • LINDE PLC
  • MCPHY ENERGY S.A.
  • NANOSUN LTD.
  • NEL ASA
  • PDC MACHINES
  • PERIC HYDROGEN TECHNOLOGIES CO., LTD
  • POWERTECH LABS INC.
  • SERA GMBH
Chapter 15 Appendix: Acronyms
  • Acronyms Used in This Report
List of Tables
Summary Table: Global Market for Hydrogen Fueling Stations, by Region, Through 2028
Table 1: Impact of Market Drivers on the Global Market
Table 2: Impact of Restraints on the Global Market
Table 3: Impact of Challenges on the Global Market
Table 4: Impact of Opportunities on the Global Market
Table 5: Global Market for Hydrogen Fueling Stations, by Station Size, Through 2028
Table 6: Global Market for Hydrogen Fueling Stations, by Pressure, Through 2028
Table 7: Global Market for Hydrogen Fueling Stations, by Station Type, Through 2028
Table 8: Global Market for Hydrogen Fueling Stations, by Installation Type, Through 2028
Table 9: Global Market for Hydrogen Fueling Stations, by Region, Through 2028
Table 10: North American Market for Hydrogen Fueling Stations, by Country, Through 2028
Table 11: North American Market for Hydrogen Fueling Stations, by Station Size, Through 2028
Table 12: North American Market for Hydrogen Fueling Stations, by Pressure, Through 2028
Table 13: North American Market for Hydrogen Fueling Stations, by Station Type, Through 2028
Table 14: North American Market for Hydrogen Fueling Stations, by Installation Type, Through 2028
Table 15: European Market for Hydrogen Fueling Stations, by Country, Through 2028
Table 16: European Market for Hydrogen Fueling Stations, by Station Size, Through 2028
Table 17: European Market for Hydrogen Fueling Stations, by Pressure, Through 2028
Table 18: European Market for Hydrogen Fueling Stations, by Station Type, Through 2028
Table 19: European Market for Hydrogen Fueling Stations, by Installation Type, Through 2028
Table 20: Asia-Pacific Market for Hydrogen Fueling Stations, by Country, Through 2028
Table 21: Asia-Pacific Market for Hydrogen Fueling Stations, by Station Size, Through 2028
Table 22: Asia-Pacific Market for Hydrogen Fueling Stations, by Pressure, Through 2028
Table 23: Asia-Pacific Market for Hydrogen Fueling Stations, by Station Type, Through 2028
Table 24: Asia-Pacific Market for Hydrogen Fueling Stations, by Installation Type, Through 2028
Table 25: RoW Market for Hydrogen Fueling Stations, by Sub-region, Through 2028
Table 26: RoW Market for Hydrogen Fueling Stations, by Station Size, Through 2028
Table 27: RoW Market for Hydrogen Fueling Stations, by Pressure, Through 2028
Table 28: RoW Market for Hydrogen Fueling Stations, by Station Type, Through 2028
Table 29: RoW Market for Hydrogen Fueling Stations, by Installation Type, Through 2028
Table 30: M&A Deals, Global Hydrogen Fueling Stations Market, January 2021-March 2023
Table 31: Startup Funding in Hydrogen Fueling, January 2022-April 2023
Table 32: Key Developments in the Hydrogen Fueling Station Market, March 2022-April 2023
Table 33: Air Liquide: Product Offering
Table 34: Air Liquide: Net Revenue, 2020-2022
Table 35: Air Products and Chemicals Inc.: Product Offering
Table 36: Air Products and Chemicals Inc.: Net Revenue, 2020-2022
Table 37: Atawey: Product Offering
Table 38: Chart Industries Inc.: Product Offering
Table 39: Chart Industries Inc.: Net Revenue, 2020-2022
Table 40: Eni S.p.A.: Product Offering
Table 41: Eni S.p.A.: Net Revenue, 2020-2022
Table 42: FirstElement Fuel Inc.: Product Offering
Table 43: FuelCell Energy Inc.: Product Offering
Table 44: FuelCell Energy Inc.: Net Revenue, 2020-2022
Table 45: Galileo Technologies S.A.: Product Offering
Table 46: H2 MOBILITY Deutschland GmbH & Co. KG: Product Offering
Table 47: H2energy AG: Product Offering
Table 48: Haskel: Product Offering
Table 49: Humble Hydrogen: Product Offering
Table 50: Hydrogen Refueling Solutions: Product Offering
Table 51: Hydrogen Refueling Solutions: Net Revenue, 2020-2022
Table 52: ITM Power PLC: Product Offering
Table 53: ITM Power PLC: Net Revenue, 2020-2022
Table 54: Iwatani Corp.: Product Offering
Table 55: Iwatani Corp.: Net Revenue, 2020-2022
Table 56: Linde plc: Product Offering
Table 57: Linde plc: Net Revenue, 2020-2022
Table 58: McPhy Energy S.A.: Product Offering
Table 59: NanoSUN Ltd.: Product Offering
Table 60: Nel ASA: Product Offering
Table 61: Nel ASA: Net Revenue, 2020-2022
Table 62: PDC Machines: Product Offering
Table 63: PERIC Hydrogen Technologies Co., Ltd.: Product Offering
Table 64: Powertech Labs Inc.: Product Offering
Table 65: sera GmbH: Product Offering
Table 66: Acronyms and Abbreviations Used in This Report
List of Figures
Figure A: Top-down and Bottom-up Approaches to the Global Hydrogen Fueling Station Market
Summary Figure: Global Market Shares of Hydrogen Fueling Stations, by Region, 2022
Figure 1: Evolution of Hydrogen Fueling Stations
Figure 2: Value Chain for Hydrogen Fueling Station
Figure 3: Porter's Five Forces Model for Hydrogen Fueling Stations Market
Figure 4: PESTEL Analysis: Global Market for Hydrogen Fueling Stations
Figure 5: Market Drivers for Hydrogen Fueling Stations
Figure 6: Market Restraints for Hydrogen Fueling Stations
Figure 7: Opportunities in the Market
Figure 8: Global Market Shares of Hydrogen Fueling Stations, by Station Size, 2022
Figure 9: Global Market Shares of Hydrogen Fueling Stations, by Station Size, 2028
Figure 10: Global Market Shares of Hydrogen Fueling Stations, by Pressure, 2022
Figure 11: Global Market Shares of Hydrogen Fueling Stations, by Pressure, 2028
Figure 12: Global Market Shares of Hydrogen Fueling Stations, by Station Type, 2022
Figure 13: Global Market Shares of Hydrogen Fueling Stations, by Station Type, 2028
Figure 14: Global Market Shares of Hydrogen Fueling Stations, by Installation Type, 2022
Figure 15: Global Market Shares of Hydrogen Fueling Stations, by Installation Type, 2028
Figure 16: Global Market Shares of Hydrogen Fueling Stations, by Region, 2022
Figure 17: Global Market Shares of Hydrogen Fueling Stations, by Region, 2028
Figure 18: North American Market Shares of Hydrogen Fueling Stations, by Country, 2022
Figure 19: North American Market Shares of Hydrogen Fueling Stations, by Country, 2028
Figure 20: North American Market Shares of Hydrogen Fueling Stations, by Station Size, 2022
Figure 21: North American Market Shares of Hydrogen Fueling Stations, by Station Size, 2028
Figure 22: North American Market Shares of Hydrogen Fueling Stations, by Pressure, 2022
Figure 23: North American Market Shares of Hydrogen Fueling Stations, by Pressure, 2028
Figure 24: North American Market Shares of Hydrogen Fueling Stations, by Station Type, 2022
Figure 25: North American Market Shares of Hydrogen Fueling Stations, by Station Type, 2028
Figure 26: North American Market Shares of Hydrogen Fueling Stations, by Installation Type, 2022
Figure 27: North American Market Shares of Hydrogen Fueling Stations, by Installation Type, 2028
Figure 28: European Market Shares of Hydrogen Fueling Stations, by Country, 2022
Figure 29: European Market Shares of Hydrogen Fueling Stations, by Country, 2028
Figure 30: European Market Shares of Hydrogen Fueling Stations, by Station Size, 2022
Figure 31: European Market Shares of Hydrogen Fueling Stations, by Station Size, 2028
Figure 32: European Market Shares of Hydrogen Fueling Stations, by Pressure, 2022
Figure 33: European Market Shares of Hydrogen Fueling Stations, by Pressure, 2028
Figure 34: European Market Shares of Hydrogen Fueling Stations, by Station Type, 2022
Figure 35: European Market Shares of Hydrogen Fueling Stations, by Station Type, 2028
Figure 36: European Market Shares of Hydrogen Fueling Stations, by Installation Type, 2022
Figure 37: European Market Shares of Hydrogen Fueling Stations, by Installation Type, 2028
Figure 38: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Country, 2022
Figure 39: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Country, 2028
Figure 40: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Station Size, 2022
Figure 41: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Station Size, 2028
Figure 42: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Pressure, 2022
Figure 43: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Pressure, 2028
Figure 44: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Station Type, 2022
Figure 45: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Station Type, 2028
Figure 46: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Installation Type, 2022
Figure 47: Asia-Pacific Market Shares of Hydrogen Fueling Stations, by Installation Type, 2028
Figure 48: RoW Market Shares of Hydrogen Fueling Stations, by Sub-region, 2022
Figure 49: RoW Market Shares of Hydrogen Fueling Stations, by Sub-region, 2028
Figure 50: RoW Market Shares of Hydrogen Fueling Stations, by Station Size, 2022
Figure 51: RoW Market Shares of Hydrogen Fueling Stations, by Station Size, 2028
Figure 52: RoW Market Shares of Hydrogen Fueling Stations, by Pressure, 2022
Figure 53: RoW Market Shares of Hydrogen Fueling Stations, by Pressure, 2028
Figure 54: RoW Market Shares of Hydrogen Fueling Stations, by Station Type, 2022
Figure 55: RoW Market Shares of Hydrogen Fueling Stations, by Station Type, 2028
Figure 56: RoW Market Shares of Hydrogen Fueling Stations, by Installation Type, 2022
Figure 57: RoW Market Shares of Hydrogen Fueling Stations, by Installation Type, 2028
Figure 58: Current Trends in the Hydrogen Fueling Station Market
Figure 59: Emerging Trends in the Hydrogen Fueling Station Market
Figure 60: Share of Patents on Hydrogen Filling Stations, by Company, 2022
Figure 61: M&A in Hydrogen Fueling Stations, by Deal Size, 2021-2023
Figure 62: Distribution Share of M&A in Hydrogen Fueling Stations, by Region, 2021-2023
Figure 63: Startup Funding in Hydrogen Fueling Stations, 2022-2023
Figure 64: Distribution Share of Startup Funding Amount, by Various Rounds, 2022-2023
Figure 65: Global Hydrogen Fueling Station Market Share, by Company, 2022
Figure 66: Strategic Analysis for Hydrogen Fueling Stations Market, 2022
Figure 67: SWOT Analysis for Hydrogen Fueling Stations Market
Figure 68: Air Liquide: Revenue Share, by Business Segment, 2022
Figure 69: Air Liquide: Revenue Share, by Region, 2022
Figure 70: Air Products and Chemicals Inc.: Revenue Share, by Business Segment, 2022
Figure 71: Air Products and Chemicals Inc.: Revenue Share, by Region, 2022
Figure 72: Chart Industries Inc.: Revenue Share, by Business Segment, 2022
Figure 73: Chart Industries Inc.: Revenue Share, by Region, 2022
Figure 74: Eni S.p.A.: Revenue Share, by Business Segment, 2022
Figure 75: Eni S.p.A.: Revenue Share, by Region, 2022
Figure 76: FuelCell Energy Inc.: Revenue Share, by Business Segment, 2022
Figure 77: FuelCell Energy Inc.: Revenue Share, by Region, 2022
Figure 78: Hydrogen Refueling Solutions: Revenue Share, by Business Segment, 2022
Figure 79: ITM Power PLC: Revenue Share, by Business Segment, 2022
Figure 80: ITM Power PLC: Revenue Share, by Region, 2022
Figure 81: Iwatani Corp.: Revenue Share, by Business Segment, 2022
Figure 82: Iwatani Corp.: Revenue Share, by Region, 2022
Figure 83: Linde plc: Revenue Share, by Region, 2022

Executive Summary

Fuel cell cars (FCVs) and other hydrogen-powered machinery can be fueled at hydrogen fueling stations, which are also known as hydrogen filling stations or hydrogen refueling stations. As they allow motorists to refuel their vehicles with hydrogen-like gasoline or diesel, these stations are crucial for the broad adoption of hydrogen-powered vehicles. Small mobile hydrogen filling stations and giant, high-pressure hydrogen dispensers are just two of the different sizes and shapes of hydrogen fueling stations. All hydrogen refueling sites present unique parts and design elements.

The storage tank for hydrogen, the compressor, the dispenser and the safety devices make up the main parts of a hydrogen fueling station. Pressurized hydrogen gas is kept in reserve in a high-pressure container called a hydrogen storage tank. Although some locations might have above-ground tanks, the storage tank is usually underground. Depending on the size and configuration of the station, the hydrogen is kept at a pressure ranging from 350 to 700 bar. The hydrogen gas must be compressed before being delivered to the receiver by the compressor. Electricity powers the compressor, usually at a pressure between 700 and 1,000 bar.

One of a hydrogen fueling station’s most essential parts, the compressor, must be dependable and effective to deliver hydrogen fuel at the necessary pressure and flow rate. The dispenser serves as the point of interaction between the vehicle and the fueling station. Depending on the vehicle’s needs, the dispenser delivers hydrogen to the vehicle at a pressure ranging from 350 to 700 bar. The dispenser must be built to be dependable, secure and straightforward. For various vehicle types, some dispensers might have multiple hoses. Hydrogen fueling stations also feature several safety systems to guarantee reliable and safe operation. These safety measures include leak detection sensors and alerts, pressure relief valves for releasing excess pressure, and emergency shut-off systems for halting hydrogen flow in an emergency.

Fueling facilities for hydrogen vehicles work by drawing hydrogen from a storage tank and compressing it with a compressor. The vehicle’s fuel cell is then filled with the compressed hydrogen delivered to the dispenser. The hydrogen and oxygen from the air are combined in a fuel cell to create energy, which powers the vehicle’s electric motor. Since water vapor is the only byproduct of this process, hydrogen fuel cell vehicles are a pure and adequate substitute for cars that run on gas or diesel. Hydrogen fueling stations have several advantages over conventional gasoline and diesel filling stations. First, since hydrogen is a pure and renewable fuel, hydrogen fuel cell cars emit no emissions. Second, hydrogen fuel cell vehicles have a larger range than electric cars, making them a practical substitute for long-distance travel.

Third, compared to electric cars, which can take hours to charge, hydrogen fuel cell vehicles can be refueled quickly, usually in less than five minutes. Hydrogen refueling facilities must also overcome several obstacles. The high expense of constructing and running a hydrogen fueling station is one of the biggest obstacles. Infrastructure for hydrogen refueling stations is costly and includes things like compressors, dispensers and high-pressure storage tanks.

Companies Mentioned

  • AIR LIQUIDE
  • AIR PRODUCTS AND CHEMICALS INC.
  • ATAWEY
  • CHART INDUSTRIES INC.
  • ENI SPA
  • FIRSTELEMENT FUEL INC.
  • FUELCELL ENERGY INC.
  • Galileo Technologies S.A.
  • H2 MOBILITY Deutschland GmbH & CO. KG
  • H2energy AG
  • Haskel
  • Humble Hydrogen
  • Hydrogen Refueling Solutions
  • ITM POWER PLC
  • IWATANI Corp.
  • LINDE PLC
  • MCPHY ENERGY S.A.
  • Nel ASA
  • PDC Machines
  • PERIC Hydrogen Technologies CO., Ltd
  • POWERTECH LABS INC.
  • SERA GmbH

Table Information