Information Trends Sees Hydrogen Fueling Stations Ramping Up
March 23, 2021
The hydrogen fueling station market is witnessing a dramatic
acceleration in growth, with 584 hydrogen stations deployed by
year-end 2020, according to a study released by Information Trends,
a market research company.
The study, "Global Market for Hydrogen Fueling Stations, 2021" says
the number of countries that have deployed hydrogen stations now
stands at 33, with more countries gearing up to enter the market.
The deployments are a positive sign for the uptake of hydrogen fuel
cell vehicles from Hyundai, Toyota, and Honda, said Naqi Jaffery,
the President and CEO of Information Trends.
As hydrogen fuel cell buses and trucks gain greater market
acceptance, hydrogen stations for heavy-duty transportation are
increasingly being deployed, Mr. Jaffery said. In the next few
years, he added, hydrogen fuel cells will be widely used to drive
trains, aircraft, and maritime vessels.
is a clear global leader in deployments with close to 150 hydrogen
stations, Mr. Jaffery said, but the fastest growth is in China where
more than a hundred hydrogen stations have gone into operation.
By 2035, the study said, hydrogen stations will blanket most of the
United States, Western Europe, China, Japan, and South Korea. The
sums of money being poured into hydrogen station deployments are
staggering, mostly raised through public-private partnerships.
The 200+ page study is based on extensive research spanning several
months. It provides a comprehensive analysis of hydrogen station
In addition to the study, Information Trends has put together a
comprehensive database of hydrogen stations globally.