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Europe Hydrogen Refueling Station Market Trends

Report ID: GMI8890
Published Date: Apr 2024
Report Format: PDF

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Europe Hydrogen Refueling Station Market Trends

Gradual shift towards renewable hydrogen production in line with rising investments by governments, energy companies, and transportation stakeholders in renewable hydrogen projects will foster the industry statistics. Additionally, emergence of hydrogen as a versatile energy carrier and its potential role in decarbonizing various sectors, including transportation and energy storage will complement the business scenario.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of Europe hydrogen refueling station was recorded USD 1.56 billion in 2023 and is expected to register 13.4% CAGR from 2024 to 2032, owing to the increasing adoption of fuel cell electric vehicles (FCEVs), and rising investments in hydrogen infrastructure.

The mid-size station segment in the Europe hydrogen refueling station market will cross USD 1.1 billion by 2032 and is projected to depict substantial growth between 2024 and 2032, due to their ability to offer convenient refueling options for consumers.

Germany hydrogen refueling station industry size is projected to be worth USD 1.7 billion by 2032 and is expected to expand at significant CAGR from 2024 to 2032, on account of the rising education and outreach efforts by manufacturers, government agencies, and advocacy groups to raise awareness about hydrogen as a clean and sustainable fuel alternative.

Air Liquide, Air Products and Chemicals, Inc., Cummins Inc., ENGIE, Iwatani Corporation, ITM Power PLC, Linde plc, Messer, Nel ASA, NUVERA FUEL CELLS, LLC, Plug Power Inc., RESONAC HOLDINGS CORPORATION are some of the major Europe hydrogen refueling station companies operating in Europe.