Hydrogen Fuelling Station Market expected to reach US$2,549.399 million by 2030
Hydrogen Fuelling Station Market Trends & Forecast
As per Knowledge Sourcing Intelligence (KSI) latest report, the hydrogen fuelling station market is expected to grow at a CAGR of 14.62%, reaching a market size of US$2,549.399 million in 2030 from US$1,288.650 million in 2025.
The hydrogen fuelling station market is driven by increasing adoption of fuel cell electric vehicles, government initiatives, shift toward cleaner energy sources, and technological advancements. In 2024, around 125 new hydrogen refuelling stations were opened worldwide, 42 in Europe, around 30 in China, 25 in South Korea, 8 in Japan, and 13 in North America. According to the h2stations.org, around 1,160 hydrogen refuelling stations were in operation worldwide at the end of 2024, which is an increase compared to the previous year.
New countries with hydrogen refuelling stations in operation are New Zealand, Bulgaria and Slovakia. In Europe, 113 fuelling stations were in Germany, followed by France in second place with 65 refuelling stations, followed by the Netherlands with 25, and Switzerland with 19. Europe had 294 hydrogen refuelling stations. Besides, in January 2025, HRS and Enowa, the energy and water subsidiary of NEOM, installed their first hydrogen refueling station in NEOM, Saudi Arabia’s sustainable region. The partnership, announced by HRS in June 2024, aimed to develop a zero-emission public transport system.
Further, government support is boosting market growth, such as, in March 2025, as part of the National Green Hydrogen Mission, the Government initiated five pilot projects for using Hydrogen in buses and trucks. The Ministry of New and Renewable Energy sanctioned five pilot projects consisting total of 37 vehicles, including buses and trucks, and 9 hydrogen refueling stations. The vehicles that would be deployed for the trial include 15 hydrogen fuel cell-based vehicles and 22 hydrogen internal combustion engine-based vehicles. The government is supporting the commercially viable technologies for the utilization of hydrogen in the transport sector as fuel in buses and trucks, and supporting infrastructure like Hydrogen refueling stations.
Hydrogen produced from renewable energies plays a key role in achieving global climate targets. At hannover messe 2024, Bosch Rexroth presented drive systems for compressors and cryopumps developed together with manufacturers and operators from Europe and the USA for the economical operation of hydrogen filling stations with short refueling times. This new technology Bosch Rexroth is developed customized solutions for an economical hydrogen infrastructure. The aim is to refuel Heavy Goods Vehicles with 100 kg of hydrogen in less than 10 minutes. The new technology combines servohydraulic pump drives, software, and a newly developed compression cylinder.
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Hydrogen Fuelling Station Market Report Highlights
- By type, the hydrogen fuelling station market is segmented into mobile hydrogen fuelling stations and fixed hydrogen fuelling stations. Naturgy is promoting sustainable mobility by building its first 38 hydrogen fuel stations in Spain. The total infrastructure to be developed during the second stage will come to 120 hydrogen fuel stations, distributed throughout Spanish territory in 2021.
- By fuel type, the hydrogen fuelling station market is segmented into liquid hydrogen and gaseous hydrogen. In January 2025, HRS announced an agreement with Toyota Motor Europe and ENGIE to develop a next-generation hydrogen refueling system. This new solution, Twin Mid Flow (TMF) Technology, for faster refueling and more cost-efficient. This collaboration cements HRS’s position as the driving force in hydrogen refueling.
- Asia Pacific will be the fastest-growing market during the forecast period, driven by huge population, growing demand for the alternative fuels, urbanisation and investment in countries like China and India.
- North America is anticipated to see considerable growth, fueled by a continuous rise in consumer demands, technology and demand for alternative fuels.
Hydrogen Fuelling Station Market Segmentation
Knowledge Sourcing Intelligence has segmented the hydrogen fuelling station market based on type, fuel type, end user, and region:
Hydrogen Fuelling Station Market, By Type
- Mobile Hydrogen Fuelling Stations
- Fixed Hydrogen Fueling Stations
Hydrogen Fuelling Station Market, By Fuel Type
- Liquid Hydrogen
- Gaseous Hydrogen
Hydrogen Fuelling Station Market, By End User
- Automotive
- Energy & Power
- Aerospace
- Others
Hydrogen Fuelling Station Market, By Region
- North America
- U.S.
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Spain
- Others
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Indonesia
- Thailand
- Others
Hydrogen Fuelling Station Market Key Players
- Air Liquide
- Linde PLC
- Air Products and Chemicals, Inc.
- Nel ASA
- MAXIMATOR Hydrogen GmbH
- Hydrogen Refueling Solutions
- McPhy Energy S.A.
- Iwatani Corporation
- Ingersoll Rand
- Chart Industries
Report Coverage:
| Report Metric | Details |
| Growth Rate | CAGR of 14.62% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Million |
| Segmentation | Type, Fuel Type, End-User, Geography |
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Hydrogen Fuelling Station Market | Air Liquide, Linde PLC, Air Products and Chemicals, Inc., Nel ASA, MAXIMATOR Hydrogen GmbH |
| Customization Scope | Free report customization with purchase |
About Knowledge Sourcing Intelligence (KSI)
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.
