Top Companies in Hydrogen Fueling Station Industry

The hydrogen fueling stations market is expected to grow from an estimated in USD 0.5 billion in 2024 to USD 1.8 billion by 2030, at a CAGR of 23.8% during the forecast period. In the global swing towards green transport, fuel cell electric vehicles attract growing interest and so, along with these, comes the need for hydrogen refueling stations. Advanced technologies in hydrogen production, storage, and distribution are now lessening the associated costs and increasing efficiency. Hydrogen refueling stations are thus becoming more feasible. These are the few drivers responsible for the growth of the hydrogen fueling station market.

Top Companies in Hydrogen Fueling Station Industry

• Air Liquide (France),
• Linde PLC (Ireland)
• Air Products and Chemicals, Inc. (US),
• Nel ASA (Norway),
• MAXIMATOR Hydrogen GmbH (Germany)
• Hydrogen Refueling Solutions (France) among others.

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A few major players that have a wide regional presence dominate the hydrogen fueling stations market. The major strategies these players adopt include product launches and new product development, contracts & agreements, investments & expansions, joint ventures, and partnerships & collaborations. Partnerships and collaborations were the two most adopted strategies from 2020 to 2024.

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, and 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. Air Liquide operates in approximately 72 countries and serves more than 4 million customers across the world.

Linde PLC Linde PLC is a global industrial gas and engineering company. The principal business activities of the company include the production of industrial gases, along with designing, engineering, and manufacturing of equipment used in the production of industrial gases. It produces atmospheric gases, such as oxygen, nitrogen, argon, and other rare gases, and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company operates its business through reportable segments, namely, Americas, EMEA, APAC, Engineering, and Other. The product groups of Linde are Atmospheric Gases and Related, Process Gases and Other, Surface Technologies, and Linde AG. Linde PLC operates in more than 100 countries. The company has 350 hydrogen plants (including cryogenic air separation plants) in North America and manufacturing units throughout Europe, the Middle East & Africa, and Asia Pacific. The company has supplied its hydrogen technologies to over 180 fueling stations worldwide.

Air Products and Chemicals, Inc. is a leading global industrial gas company providing services for developing, engineering, building, and operating industrial gas projects. The company operates through the Americas, Europe, Asia, Middle East & India, and Corporate & Other segments. It offers products and solutions to produce atmospheric, process, and specialty gases and related services.The company caters to manufacturing, chemical, refinery, metal, and food & beverage industries. Air Products and Chemicals, Inc. has manufacturing facilities in the US. The company has a presence in 52 countries.

Nel ASA develops solutions for producing, storing, and distributing hydrogen derived from renewable energy sources. The firm specializes in offering comprehensive systems for hydrogen energy storage. Its hydrogen technology is widely used by a variety of sectors, as well as energy and gas businesses. Nel ASA works in two segments: Nel Hydrogen Fueling and Nel Hydrogen Electrolyzer. In June, 2023, Nel ASA received the purchase order for hydrogen fueling stations in California. The Company received a firm purchase order from an undisclosed US energy company for delivery of 16 hydrogen fueling stations to be deployed in California, US.Nel ASA has a global sales and support network, with service teams located in key filling station areas such as the US West Coast, South Korea, and Northern Europe (headquartered in Denmark).

MAXIMATOR Hydrogen GmbH MAXIMATOR Hydrogen GmbH is a leading supplier and developer of core components for hydrogen technologies. the company develops, produces, and delivers highly reliable and modern hydrogen filling stations worldwide from a single source. The company only offers complete hydrogen refueling stations - the components are determined on a customer-specific basis. The company coordinates with various key companies from the hydrogen industry such as SCHMIDT KRANZ Group, Vernconex, and Hyfindr among others. MAXIMATOR Hydrogen GmbH implements safe and reliable H2 systems for various applications such as ships, cars, buses, and heavy goods vehicles, for both 350 bar and 700 bar pressure requirements.

Hydrogen Refueling Solutions specializes in the design, production, and marketing of hydrogen fuelling stations. Medium and high-capacity hydrogen fuelling stations for light- and heavy-duty vehicles account for the majority of the company's sales. The company's hydrogen fuelling stations distribute between 14 and 80 kilogram of hydrogen each hour. In addition, the firm is active in onsite hydrogen generation by installing pipeline infrastructure to link the electrolyzers. The company's products appeal to a wide range of applications, including transportation, energy, industrial, and storage. The corporation primarily markets its products and services in Europe and the United States. It has 39 hydrogen refueling stations in Europe and the United States.

Related Reports:

Hydrogen Fueling Station Market by Supply Type (On-site, Off-site [Gas, Liquid]), Station Type (Fixed, Mobile), Station Size (Small, Mid-sized, Large), Pressure (High, Low), Solution (EPC, Components), Region - Global Forecast & Trends to 2030

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