Global hydrogen fueling station market to surpass $2 billion in 2030, research finds
In the UK, the Business Research Company reported that the global hydrogen fueling station market is expected to surpass $2 billion in 2030.
Asia Pacific will be the largest region in the hydrogen fueling station market in 2030, valued at $1.1 billion. The market is expected to grow from $0.4 billion in 2025 at a compound annual growth rate (CAGR) of 22%. [The exponential growth can be attributed to aggressive government hydrogen roadmaps and clean energy targets in countries such as Japan, South Korea, and China, rapid deployment of fuel cell electric vehicles in public transit and logistics fleets, strong investments in hydrogen production and refueling infrastructure from state-owned energy companies, growing public-private partnerships for hydrogen mobility corridors, and continuous expansion of hydrogen refueling networks across major metropolitan and industrial regions across Asia-Pacific,” the report stated.
“The US will be the largest country in the hydrogen fueling station market in 2030, valued at $0.4 billion. The market is expected to grow from $0.2 billion in 2025 at a compound annual growth rate (CAGR) of 18%. “The rapid growth can be attributed to increasing deployment of hydrogen fuel cell electric vehicles in heavy-duty trucking and transit bus fleets, strong federal and state funding for clean transportation infrastructure, growing partnerships between hydrogen technology providers and fuel retailers, rising focus on decarbonizing long-haul freight corridors, and continuous expansion of hydrogen refueling networks across major logistics routes in the country.”
Category: Hydrogen
