Market Overview
of Global Hydrogen Fueling Station Dispenser market:The latest research study on the global Hydrogen Fueling Station Dispenser market finds that the global Hydrogen Fueling Station Dispenser market reached a value of USD 139.2 million in 2022. It’s expected that the market will achieve USD 503.82 million by 2028, exhibiting a CAGR of 23.91% during the forecast period.
A dispenser is a device that dispenses fuel such as gasoline or compressed natural gas while measuring the amount dispensed. The Hydrogen Fueling Station Dispenser is designed to emulate traditional station dispensers. The hydrogen is dispensed via a nozzle controlled by a valve that regulates the flow rate of the gas to fill the vehicle to the required pressure in accordance with the fuelling protocol.
Hydrogen has the potential to grow
In recent years, hydrogen has come to the forefront as an alternative, environmentally-friendly fuel. As an energy carrier, hydrogen provides many advantages versus other alternatives, particularly when used in a fuel cell. The fuel is used in hydrogen fuel cell passenger cars, buses, hydrogen fuel cell forklifts, hydrogen fuel cell aircraft and hydrogen fuel cell ships and other means of transportation. Therefore, the development potential of hydrogen energy will be an important factor driving the growth of the Hydrogen Fueling Station Dispenser market demand.
Increased number of Hydrogen Fueling Stations
The development of hydrogen fuel cells has greatly promoted the growth of the number of Hydrogen Fueling Stations in the world. Asia is currently the region with the largest number of Hydrogen Fueling Stations. In 2016, only 10 Hydrogen Fueling Stations were built in China. Subsequently, the construction of Hydrogen Fueling Station in China ushered in rapid development. As of the beginning of July 2022, China has built a total of 272 hydrogen refueling stations. With the policy support of governments for hydrogen energy development, the construction of Hydrogen Fueling Station is expected to continue to develop rapidly. The rapid growth of the Hydrogen Fueling Station market will drive the development of the Hydrogen Fueling Station Dispenser industry.
Region Overview:
In 2021, the share of the Hydrogen Fueling Station Dispenser market in China stood at 40.62%.
Company Overview:
The major players operating in the Hydrogen Fueling Station Dispenser market include FTI International, Shanghai Sunwise Energy Systems Co., Ltd., Houpu Clean Energy, Chart Industries, Jiangsu Guofu Hydrogen Energy Equipment Co, LTD., etc. Among which, FTI International ranked top in terms of sales and revenue in 2022.
FTI provides Oil & gas technologies and advanced products, including compressor systems and dispensing systems for compressed natural gas (CNG), compressed hydrogen, and liquefied natural gas (LNG), liquefied petroleum gas (LPG) and Gasoline.
Shanghai Sunwise Energy Systems Co., Ltd. is committed to becoming a leading domestic hydrogen system overall solution provider, key equipment provider and hydrogen energy supply ecosystem builder. Shanghai Sunwise Energy Systems Co., Ltd. masters the core technology of high-pressure hydrogen processing, and its business fields cover hydrogen energy, nuclear energy and distributed energy.
Segmentation Overview:
According to the working pressure of Hydrogen Fueling Station Dispenser, it can be divided into 35 MPa, 70 MPa and others. By type, 70 Mpa segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Small Hydrogen Fueling Station segment occupied the biggest share from 2017 to 2022.
The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Hydrogen Fueling Station Dispenser market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Research Scope
This report provides an overview of the global Hydrogen Fueling Station Dispenser market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Hydrogen Fueling Station Dispenser and its sub-markets in an intuitive way.
Key Companies in the global Hydrogen Fueling Station Dispenser market covered in Chapter 3:
Chart Industries
Tokico System Solutions
Air Products
Censtar
Haskel
Shanghai Sunwise Energy Systems Co., Ltd.
Pure Energy Center
Plug Power
Jiangsu Guofu Hydrogen Energy Equipment Co, LTD.
Tatsuno Corporation
Houpu Clean Energy
FTI International
Nel ASA
Shanghai Hyfun Energy Technology Co., Ltd.
In Chapter 4 and Chapter 14.2, on the basis of types, the Hydrogen Fueling Station Dispenser market from 2018 to 2029 is primarily split into:
35 Mpa
70 Mpa
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hydrogen Fueling Station Dispenser market from 2018 to 2029 covers:
Large Hydrogen Fueling Station
Small Hydrogen Fueling Station
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Key Factors Considered
COVID-19
Amid the COVID-19 crisis, the Hydrogen Fueling Station Dispenser market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Chapter Outline
Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.
Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.
Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.
Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.
Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.
Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.
Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.
Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.
Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.
Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2029Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.