The Hydrogen Fueling Station Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the hydrogen fueling station has witnessed notable growth recently. The market, valued at $0.77 billion in 2024, is anticipated to rise to $0.96 billion in 2025, marking a compound annual growth rate (CAGR) of 24.3%.
The Hydrogen Fueling Station Global Market is projected to be worth $2.08 billion in 2029 with a compound annual growth rate (CAGR) of 21.2%.
Download Your Free Sample of the 2025 Hydrogen Fueling Station Market Report and Uncover Key Trends Now!The key drivers in the hydrogen fueling station market are:
• Improvement in economic conditions
• Enhanced consumer awareness and acceptance
• Volatile energy prices
• Increased adoption of fuel cell vehicles
The hydrogen fueling station market covered in this report is segmented –
1) By Station Type: Fixed Hydrogen Station, Mobile Hydrogen Station
2) By Solution: Engineering, Procurement And Construction, Components
3) By Station Size: Small, Medium, Large
4) By Supply Type: On-Site, Off-Site
5) By End-Use: Marine, Railways, Commercial Vehicles, Aviation
The key trends in the hydrogen fueling station market are:
• The trend of international collaborations in the hydrogen fueling sector is emerging.
• Urbanization and fleet transition has become a key trend shaping the future of the market.
• There is an increasing trend of development in hydrogen supply chains.
• The expansion of infrastructure is an upcoming trend in the market.
Major companies in the hydrogen fueling station market are:
• China Petrochemical Corporation (Sinopec)
• TotalEnergies SE
• Shell plc
• Linde PLC
• Air Liquide S.A.
• Cummins Inc.
• NTPC Limited
• McPhy Energy SAS
• Air Products and Chemicals Inc.
• Nano Sun Ltd.
• ITM Power PLC
• Black and Veatch Holding Company
• ATCO Ltd.
• Chart Industries
• Plug Power Inc.
• FuelCell Energy Inc.
• NEL ASA
• Hexagon Purus ASA
• Ballard Power Systems
• Nuvera Fuel Cells LLC
• Nikola Corporation
• Ceres Power
• PDC Machines Inc.
• Green Hydrogen Systems
• Humble Hydrogen Private Limited
• TrueZero
• FirstElement Fuel Inc.
• H2 MOBILITY Deutschland GmbH & Co. KG
• HyGear
Asia-Pacific was the largest region in the hydrogen fueling station market in 2024