Pune, India - (NewMediaWire) - March 3, 2023 - "Hydrogen Manufacturing and Hydrogen Refueling Station" Size, Scope, and Forecast 2023-2030 report has been added to the Market Research Archive of Absolute Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Global Hydrogen Manufacturing and Hydrogen Refueling Station with respect to various aspects such as growth factors, challenges, restraints, developments, trends, and opportunities for growth. This report will surely be a handy tool for market players to come up with effective strategies with the aim of strengthening their positions in the market.

What is the Hydrogen Manufacturing and Hydrogen Refueling Station growth?

A fuel cell electric vehicle (FCEV) is a non-polluting vehicle that is powered by electricity generated from the vehicle's stored high-pressure hydrogen and ambient air. These vehicles use hydrogen as an energy source and generate electricity from a fuel cell system. This technology has the potential to be applied across the industry because of the unlimited storage of hydrogen as a fuel on the earth and the eco-friendly nature of the energy production process.

The biggest advantage of FCEVs over pure electric and plug-in hybrid vehicles is that hydrogen refueling usually takes only 3 minutes and the range can easily reach over 600 km. At the same time, hydrogen energy has the advantages of abundant sources, wide range of uses, high calorific value, light total weight and environmental virtues, etc., but is currently subject to greater infrastructure constraints.

In addition, the FCEV policy is favorable in the long term, and the scale of FCEV is accelerating. With the launch of FCEV demonstration and point evaluation, the total subsidy scale of fuel cell industry has saw a significant increase. With the demonstrative city point and subsidy, the total subsidy amount of Chinese government will exceed CNY 4 billion (USD 620 million) per year with reference to the existing range of subsidized cities, and the industry scale will also increase significantly, driving the whole scale of industry chain to 10,000 units.

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In China, local auto manufacturers have been launching FCEVs in succession. Among them, SAIC Group presented early in the field of hydrogen fuel cells, launching Rongwei 950 fuel cell passenger car in 2016, which stands for the first fuel cell passenger car to complete the announcement, sales and licensing in China. Great Wall Motor's first fuel cell vehicle type based on an exclusive platform was scheduled to be demonstrated in 2020. Geely Automobile, for its part, will launch a mass-production model with hydrogen fuel cells in 2025.

In 2020, global sales of FCEVs amounted to a total of 9,006, down 9.1% YOY. The sales of the U.S. and China witnessed approximately 50% decrease, only 937 (down 55% YOY) and 1177(down 57% YOY) respectively. Unlike the U.S., which was disturbed by the epidemic, China's downturn in sales was mainly due to the shift in government subsidies and the development of demonstration city clusters.

In terms of hydrogen refueling stations, there were 553 hydrogen refueling stations worldwide by the end of 2020, including 107 new stations compared to 2019. 515 stations are open for service to the public and the rest are used for buses or within enterprises, etc., and are not open to the public. Among them, Asia accounts for 49.73% of the world's hydrogen refueling stations with 275 stations, followed by Europe with 36.16% of hydrogen refueling stations, reaching 200 stations. There are 6 countries with more than 30 hydrogen refueling stations in the world, among which Japan has the largest number of hydrogen refueling stations with 142 stations, followed by Germany with 100 stations and China with 69 stations. The total number of hydrogen refueling stations in Japan, Germany and China is 311, accounting for 62% of the world, and these three countries are in the absolute leading position in hydrogen energy development. By the end of 2020, 80 hydrogen refueling stations had been put into operation in China, and these stations are mainly concentrated in Beijing-Tianjin-Hebei, Yangtze River Delta and Pearl River Delta regions. It is expected that 1,000 stations will be built by 2030. By the end of 2020, China had more than 7,000 FCEVs, making it the country with the largest number of fuel cell commercial vehicles in the world, which were mainly used in the Yangtze River Delta, Pearl River Delta and Beijing-Tianjin regions.

With the guidance of policy and market, China's hydrogen and fuel cell vehicles will be on the fast track. It is expected that by 2025, the number of fuel cell vehicles in China will reach 100,000. With reference to the development process of new energy vehicles, fuel cell vehicles will form a good industrial chain after the implementation of the "demonstrative application" policy, and are expected to see an explosion of production and sales around 2025.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 60 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Client Focus

1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Hydrogen Manufacturing and Hydrogen Refueling Station?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, in Chapters, we elaborate at full length on the impact of the pandemic and the war on the Hydrogen Manufacturing and Hydrogen Refueling Station Industry.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Hydrogen Manufacturing and Hydrogen Refueling Station Industry.

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This report provides a pin-point analysis of changing dynamics and emerging trends in the Global Hydrogen Manufacturing and Hydrogen Refueling Station. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Global Hydrogen Manufacturing and Hydrogen Refueling Station in the coming years. Further, the authors of the report have shed light on the factors that may hinder the growth of the Global Hydrogen Manufacturing and Hydrogen Refueling Station.

Hydrogen Manufacturing and Hydrogen Refueling Station - Competitive and Segmentation Analysis:

2. How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Top Key Players of the Global Hydrogen Manufacturing and Hydrogen Refueling Station

1 Shanghai Hyfun Energy Technology Co., Ltd.
2 Shanghai Sunwise Energy Systems Co., Ltd
3 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
4 Beijing PERIC Hydrogen Technologies Co., Ltd
5 Beijing Hydrosys Technology, Co., Ltd

Short Description About Hydrogen Manufacturing and Hydrogen Refueling Station:

The Global Hydrogen Manufacturing and Hydrogen Refueling Station is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

This report studies the Hydrogen Manufacturing and Hydrogen Refueling Station, covering market size for segment by type, by application, by sales channel (Direct Channel, Distribution Channel), and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Hydrogen Manufacturing and Hydrogen Refueling Station from 2015-2020, and provides extensive market forecasts from 2023-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Hydrogen Manufacturing and Hydrogen Refueling Station.

Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.

This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.

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3. What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report.

Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2023-2030) of the following regions are covered in Chapter 4 and Chapter 7:

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

• South America (Brazil, Argentina, Columbia etc.)

• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Please find a more complete list of data sources in Chapters

1.To study and analyze the global Hydrogen Manufacturing and Hydrogen Refueling Station consumption (value) by key regions/countries, product type and application

2.To understand the structure of Hydrogen Manufacturing and Hydrogen Refueling Station by identifying its various sub segments.

3.Focuses on the key global Hydrogen Manufacturing and Hydrogen Refueling Station manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.

4.To analyze the Hydrogen Manufacturing and Hydrogen Refueling Station with respect to individual growth trends, future prospects, and their contribution to the total market.

5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

6.To project the consumption of Hydrogen Manufacturing and Hydrogen Refueling Station submarkets, with respect to key regions (along with their respective key countries).

7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

8.To strategically profile the key players and comprehensively analyze their growth strategies.

Customization of the Report

4. Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

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Detailed TOC of Hydrogen Manufacturing and Hydrogen Refueling Station Market Insights and Forecast to 2030

1 Overview of the Hydrogen Manufacturing and Refueling Station Industry

1.1 Hydrogen Production Methods

1.2 Hydrogen Storage and Transportation

2 Overview of Global Hydrogen Refueling Stations Industry

2.1 Overview of the Global Hydrogen Refueling Station Industry

2.2 Hydrogen Refueling Station Construction Plans in Some Developed Countries

2.2.1 Japan

2.2.2 United States

2.2.3 South Korea

2.2.4 France

2.2.5 Germany

2.2 Overview of Hydrogen Refueling Station Industry in China

2.3 Hydrogenation Equipment Industry

2.3.1 Equipment Classification

2.3.2 Hydrogen Compressor

2.3.3 Hydrogen Storage Bottle

2.3.4 Filling Equipment

2.4 Impact of COVID-19 on the Hydrogen Manufacturing and Refueling Station Industry

3 Overview of the Fuel Vehicle Industry

3.1 Overview of Global Fuel Vehicle Industry

3.1.1 Production

3.1.2 Downstream Market Demand

3.2 Overview of Fuel Vehicle Industry in China

4 Analysis on Major Hydrogen Fueling Station Operators in China

4.1 Shanghai Hyfun Energy Technology Co., Ltd.

4.1.1 Company Overview

4.1.2 Hydrogen Refueling Station Operation Status

4.2 Shanghai Sunwise Energy Systems Co., Ltd

4.3 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.

4.4 Beijing PERIC Hydrogen Technologies Co., Ltd

4.5 Beijing Hydrosys Technology, Co., Ltd

5 Forecast on Global and Chinese Hydrogen Filling Station Industry, 2022-2030

5.1 Influencing Factors of Global and Chinese Hydrogen Refueling Station Development

5.1.1 Drivers and Market Opportunities

5.1.2 Threats and Challenges

5.2 Forecast on Global and Chinese Hydrogen Fueling Stations Supply, 2022-2030

5.3 Forecast on Global and Chinese Hydrogen Manufacturing and Hydrogen Refueling Stations Downstream Demand, 2022-2030

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