Automotive Hydrogen Valves Market

The automotive hydrogen valves market is projected to grow from USD 70.7 million in 2025 to reach USD 123.2 million by 2032, registering a compound annual growth rate (CAGR) of 8.3%. The demand for automotive hydrogen valves has increased due to an increase in demand for hydrogen-based vehicles worldwide, as government bodies and the industrial sector are prioritizing decarbonization and cleaner mobility solutions. According to a report published by Electric Vehicle Charging & Infrastructure in January 2025, till FY 2024, there were 125 new hydrogen refuelling stations installed worldwide, of which Europe had 42, China had 30, South Korea had 25, Japan had 8, and North America had 13 new stations. Further, Many OEMs have started showcasing their capabilities to implement the hydrogen fuel cell across a wide range of vehicle types, such as commercial vehicles, passenger cars, and some off-road vehicles. Hence, this increase in government initiatives for targeted subsidies and an increase in investment in hydrogen fuel stations globally will drive the demand for automotive hydrogen valves during the forecast period.   

The metallic material holds the largest in material type for the hydrogen valve market

Metallic materials, such as stainless steel, are mostly used in developing automotive hydrogen valves. The metallic material holds more than half of the market share in terms of value in the year 2025. A variety of materials can be utilized in hydrogen applications, including stainless steel, composite pipes, carbon steel, and low-alloy steel. The stainless-steel material in the valve is mostly preferred due to its exceptional combination of high strength, corrosion resistance, and overall performance. This material is suitable for both gaseous and liquid hydrogen environments and effectively operates across a wide temperature spectrum, including cryogenic conditions. This material has higher strength, heat resistance properties, and high reliability when working under extreme conditions, which is required for the storage and flow of hydrogen in vehicles. This metallic material can also withstand high pressures, which often extend from 350—700 bar in the vehicle. Also, the metallic materials can withstand the extreme temperatures and high-pressure environments that are used in high-performance engines, turbochargers, or direct injection. For instance, Ford utilizes monometallic valves in their Ec0800st engines, which maintain significant thermal stress while maintaining optimal performance and reliability. Considering the price, metallic parts are more cost-effective (15-20%) when manufactured in mass as compared to non-metallic alternatives like plastics or composites. Hence, this factor is driving the market for metallic materials for hydrogen valves in the automotive industry.

The passenger cars are projected to grow at the fastest rate by 2032

Passenger cars are the fastest-growing market in vehicle types for hydrogen valves. Globally, the passenger car segment dominated the hydrogen fuel cell vehicle market compared to other vehicles. The growth is mainly driven by consumer demand for long-range, fast-refueling vehicles and supportive government policies. The OEMs are actively investing in R&D to showcase new vehicles that are working on hydrogen. This change in trend from ICE vehicles towards hydrogen-based vehicles is due to the government promoting zero-emission vehicles in the market, due to stringent emission norms globally. Automakers such as Toyota, Hyundai, and Honda are the leading players that have their models, such as Toyota Mirai and Hyundai Nexo, which work on hydrogen and are highest highest-selling passenger cars. In February 2024, Honda showcased their 2025 version of CR-V, which was a hybrid version of the e-FCEV model, which has plug-in capability, combining a battery for short trips and a fuel cell for extended range. This increase in sales of passenger cars with hydrogen fuel cells has increased the investments by the private and government sectors in the hydrogen refueling infrastructure for passenger cars. Some countries and regions, such as California, Europe, Japan, and South Korea, have the most sales of passenger cars in FCVs. Hence, this increase in sales of passenger cars will increase the demand for hydrogen valves to meet the needs of both new vehicles.

North America is projected to be the prominent regional market

North America holds a significant market share for the hydrogen valve market, due to the highest sales of passenger cars that are powered by hydrogen fuel cells. The higher sales of passenger cars and other vehicles working in hydrogen fuel cells in North America are primarily due to robust infrastructure, substantial government incentives, and growing consumer awareness about environmental benefits. There are nearly N89 operational hydrogen fuel cell stations in the US, with most of them in California (N74). The number of refilling stations and sales for FCV is high in California due to various variety of policies and programs. For instance, under the California Clean Transportation Program and the Advanced Clean Cars II regulation, a new network of hydrogen fuelling stations has been set up to support the adoption of zero-emission hydrogen fuel cell electric cars. Also, the California Fuel Cell Partnership is a public-private initiative working to commercialize hydrogen and fuel-cell electric vehicles, which is driving the market for vehicles. In North America, the Toyota Mirai is the most popular model sold, and it holds more market share of 75-80%, which is then followed by the Hyundai Nexo.

Key players in the North American hydrogen valve market are Westport Fuel Systems Inc., KITZ Corporation, Parker Hannifin Corp., Baker Hughes Company, Emerson Electric Co., Crane Company, SLB, Swagelok Company, and High-Pressure Equipment Company. In February 2024, Honda showcased their 2025 CR-V e-FCEV hybrid vehicle for the North American market. Hence, this increase in hydrogen fuel refilling infrastructure and an increase in sales of fuel cell electric vehicles in North America will ultimately drive the market for hydrogen valves during the forecast period.

The automotive hydrogen valve market is dominated by global players such as Hitachi Astemo, Ltd. (Japan), Omb Saleri S.P.A (Ingersoll-Rand) (Italy), Swagelok Company (US), Habonim Industrial Valves & Actuators Ltd. (Israel), Hamai Industries Limited (Japan), and Cavagna Group Italy. These companies adopted strategies such as product developments, deals, and others to gain traction in the market.