Air Liquide (France) and Nel ASA (Norway) are leading players in Hydrogen Fueling Station Market
The global hydrogen fueling station market is projected to reach USD 1,129 million by 2030 from an estimated USD 380 million in 2023, at a CAGR of 16.8% during the forecast period. The surge in hydrogen fueling station market is attributed due to rising adoption of fuel cell electric vehicles (FCEVs) coupled with the mitigation of greenhouse gas emissions from the mobility sector.
The hydrogen fueling station market is served by a mix of key international players with global operational presence and local players with a strong domestic supply network. The major strategies adopted by these players include product launches, contracts & agreements, investments & expansions, merger & acquisitions, joint ventures, and partnerships & collaborations. Partnerships & collaborations and contracts & agreements were the some of the most adopted strategies from 2019 to 2023. The leading players in the hydrogen fueling station market include Air Liquide (France), Air Products and Chemicals, Inc. (US), Linde plc (Ireland), Nel ASA (Norway), and McPhy Energy S.A. (France).
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Air Liquide is a world-leading company that provides services, technologies, and gases to healthcare and industrial end users. The company operates through three segments, namely, Gas & Services, Engineering & Construction, and Global Markets & Technologies.
Through the Global Markets & Technologies business segment, the company designs and constructs hydrogen fueling stations along with hydrogen liquefiers, Turbo-Brayton reliquefaction units. The company offers a vast portfolio of hydrogen fueling stations and related services. The company also provides a wide range of dispensers such as single dispensers, double dispensers, dual dispensers, and mobile dispensers. In 2023, the company contributed to the growth of hydrogen mobility in France by entering into an agreement with TotalEnergies to create an equally owned joint venture to develop a network of hydrogen stations. Air Liquide operates in approximately 78 countries and serves more than 3.8 million customers.
Nel ASA designs solutions to produce, store, and distribute hydrogen generated from renewable energy sources. Nel ASA operates through two business segments: Nel Hydrogen Fueling and Nel Hydrogen Electrolyzer.
The company offers hydrogen fueling stations that provide hydrogen fueling for fuel cell electric vehicles (FCEVs) through the Nel Hydrogen Fueling business segment. Along with the H2Station, the company also offers hydrogen fueling equipment such as hydrogen trailers, hydrogen fueling storage equipment, and hydrogen refueling dispensers that are primarily used for mobility and other industrial applications. The company offers H2Station through three station categories, namely, Cascade fill 70 Mpa, Direct fill 70 Mpa, and Direct fill 35 Mpa. The company also offers electrolyzers based on alkaline and PEM technology for the onsite generation of clean hydrogen.
The company has operations worldwide and presence in approximately 20 countries. It has manufacturing facilities in Notodden, Norway; Wallingford, UK; and Connecticut, US. The manufacturing facility of the company in Herning, Denmark, is used for the production of hydrogen fueling stations and its related equipments.
Related Reports:
Hydrogen Fueling Station Market by Supply Type, Station Size (Small Stations, Mid-Sized Stations, Large Stations), Station Type (Fixed Hydrogen Stations, Mobile Hydrogen Stations), Pressure, Solution (EPC, Components) and Region - Global Forecast to 2030
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